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.

A number of analysts gave price targets for SPG. The most optimistic analyst gave a price target of 240, implying a possible profit of 45.69 percent. The most pessimistic analyst gave a price target of 158, implying a possible loss 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.08 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -19.25 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.12 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. The current market price is above the trailing year's low by 9.71 percent, 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.