Simon Property Group, Inc. (SPG)
NYSE: SPG · Real-Time Price · USD
181.14
-0.66 (-0.36%)
Nov 22, 2024, 4:00 PM EST - Market closed
Simon Property Group Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for SPG stock have an average target of 162.78, with a low estimate of 145 and a high estimate of 175. The average target predicts a decrease of -10.14% from the current stock price of 181.14.
Analyst Consensus: Buy
* Price targets were last updated on Sep 16, 2024.
Analyst Ratings
The average analyst rating for SPG stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 10 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $160 → $172 | Hold → Buy | Upgrades | $160 → $172 | -5.05% | Sep 16, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $158 → $159 | Strong Buy → Hold | Downgrades | $158 → $159 | -12.22% | Sep 12, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $190 → $175 | Buy → Hold | Downgrades | $190 → $175 | -3.39% | Sep 3, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $147 → $158 | Hold | Maintains | $147 → $158 | -12.77% | Aug 28, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $157 → $160 | Hold | Maintains | $157 → $160 | -11.67% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
5.50B
Revenue Next Year
5.63B
from 5.50B
Increased by 2.33%
EPS This Year
6.62
from 6.98
Decreased by -5.17%
EPS Next Year
6.85
from 6.62
Increased by 3.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.1B | 6.1B | 6.1B | ||
| Avg | 5.5B | 5.6B | 5.7B | ||
| Low | 5.2B | 5.2B | 5.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 11.7% | 7.5% | ||
| Avg | - | 2.3% | 2.0% | ||
| Low | - | -4.8% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.59 | 7.13 | 7.44 | ||
| Avg | 6.62 | 6.85 | 7.16 | ||
| Low | 5.15 | 6.63 | 6.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.8% | 7.8% | 8.7% | ||
| Avg | -5.2% | 3.5% | 4.6% | ||
| Low | -26.2% | 0.3% | 1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.