Analyst Ratings for Simon Property Group Inc. (SPG)

Updated: 2017-07-28

An average rating of Overweight has been given to Simon Property Group Inc. (NYSE:SPG) by analysts covering the stock. About 30 days ago, SPG was issued an average rating of Buy.

Of the 24 analysts covering the stock, 17 gave it a buy rating, 1 issued an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for SPG by the analysts covering the stock. The most optimistic price target was 240, implying a possible profit of 45.69 percent. The minimum price target given was 158, implying a possible loss of -4.09 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.08 percent. The average change in earnings estimates over the last 90 days is -19.25 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.12 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -4.14 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

SPG has an estimated earnings growth rate of 96.77 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. SPG has a PEG ratio of 0.3.

SPG has a 52-week high of 229.10 and a 52-week low of 150.15. The current market price is above the trailing year's low by 9.71 percent, and below the high by 28.1 percent. SPG has a price/earnings ratio of 29.26. Investors typically compare the P/E ratio to a company's peers in the industry. The SPG value stock report compares SPG to some of its peers using value stock charts. The market cap of SPG is $51.93 billion. SPG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.