Simon Property Group, Inc. (SPG)
NYSE: SPG · Real-Time Price · USD
167.70
-1.42 (-0.84%)
Nov 1, 2024, 4:00 PM EDT - 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 -2.93% from the current stock price of 167.70.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 7 | 6 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 10 | 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 | +2.56% | Sep 16, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $158 → $159 | Strong Buy → Hold | Downgrades | $158 → $159 | -5.19% | Sep 12, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $190 → $175 | Buy → Hold | Downgrades | $190 → $175 | +4.35% | Sep 3, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $147 → $158 | Hold | Maintains | $147 → $158 | -5.78% | Aug 28, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $157 → $160 | Hold | Maintains | $157 → $160 | -4.59% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
5.39B
Revenue Next Year
5.55B
from 5.39B
Increased by 2.91%
EPS This Year
7.19
from 6.98
Increased by 3.03%
EPS Next Year
6.46
from 7.19
Decreased by -10.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.7B | 5.9B | 6.1B | ||
| Avg | 5.4B | 5.5B | 5.8B | ||
| Low | 5.1B | 5.3B | 5.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 8.6% | 9.9% | ||
| Avg | - | 2.9% | 4.0% | ||
| Low | - | -1.9% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.77 | 7.31 | 7.69 | ||
| Avg | 7.19 | 6.46 | 6.81 | ||
| Low | 6.25 | 5.52 | 5.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.4% | 1.7% | 19.0% | ||
| Avg | 3.0% | -10.1% | 5.5% | ||
| Low | -10.4% | -23.2% | -7.9% |
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.