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 potential capital gains of 45.69 percent. The lowest price target was 158, implying potential capital losses of -4.09 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.08 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -19.25 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.12 percent. If we look at the last 90 days instead, we find a net average change of -4.14 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

The growth rate of SPG's earnings is estimated by analysts to be 96.77 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 9.71 percent above the 52-week low, and 28.1 percent below the high. 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 stock has a market capitalization of $51.93 billion. SPG will post this quarters earnings in days, on 0000-00-00.