SL Green Realty Stock Up 38.5% in 6 Months: Will It Continue to Rise?

Shares of SL Green Realty (SLG) have risen 38.5% in the past six months compared with the industry's upside of 17.5%. Last July, SLG reported a second-quarter 2024 FFO per share of $2.05, which outpaced the Zacks Consensus Estimate of$1.62. Results reflected decent leasing activity in its Manhattan portfolio. SL Green also raised its guidance for 2024 FFO per share. Analysts seem bullish on this Zacks Rank #3 (Hold) company, with the Zacks Consensus Estimate for its 2024 FFO per share revised upward margin ...