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.

Investment analysts gave a few price targets for SPG. The most optimistic price target was 240, implying a possible profit of 45.69 percent. The lowest price target was 158, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.08 percent. That number becomes -19.25 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

Analysts estimate earnings of SPG to grow at a rate of 96.77 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. SPG has a PEG ratio of 0.3.

SPG has traded between a high of 229.10 and a low of 150.15 over the past year. 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's next earnings release will be on 0000-00-00, which is days away.