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.

SPG was given price targets by several analysts. The highest price target was 240, implying potential capital gains of 45.69 percent. The minimum price target given was 158, which equates to a potential downside 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. That number becomes -19.25 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.12 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.14 percent.

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 made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SPG's earnings is estimated by analysts to be 96.77 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

In the trailing 52-weeks, SPG hit 229.10 at the highest peak, while it's lowest trading point was 150.15. Today's price is 9.71 percent above the 52-week low, and below the high by 28.1 percent. SPG has a P/E 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 will post this quarters earnings in days, on 0000-00-00.