Simon Property Group, Inc. (SPG)
NYSE: SPG · IEX Real-Time Price · USD
142.73
-0.08 (-0.06%)
At close: Apr 25, 2024, 4:00 PM
142.81
+0.08 (0.06%)
After-hours: Apr 25, 2024, 7:07 PM EDT
Simon Property Group Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for SPG stock have an average target of 138.3, with a low estimate of 106 and a high estimate of 172. The average target predicts a decrease of -3.10% from the current stock price of 142.73.
Analyst Consensus: Buy
* Price targets were last updated on Mar 25, 2024.
Analyst Ratings
The average analyst rating for SPG stock from 10 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 7 | 7 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $139 → $147 | Hold | Maintains | $139 → $147 | +2.99% | Mar 25, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $139 → $147 | Hold | Maintains | $139 → $147 | +2.99% | Mar 22, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $142 → $150 | Hold | Maintains | $142 → $150 | +5.09% | Feb 28, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $143 → $145 | Hold | Maintains | $143 → $145 | +1.59% | Feb 26, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $128 → $139 | Hold | Maintains | $128 → $139 | -2.61% | Jan 16, 2024 |
Financial Forecast
Revenue This Year
5.37B
from 5.66B
Decreased by -5.05%
Revenue Next Year
5.54B
from 5.37B
Increased by 3.11%
EPS This Year
6.13
from 6.98
Decreased by -12.17%
EPS Next Year
6.37
from 6.13
Increased by 3.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.7B | 5.9B | 6.1B |
| Avg | 5.4B | 5.5B | 5.7B |
| Low | 5.0B | 5.2B | 5.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.3% | 9.7% | 10.4% |
| Avg | -5.1% | 3.1% | 3.7% |
| Low | -11.8% | -3.2% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.93 | 7.37 | 7.05 | 6.60 | 6.59 |
| Avg | 6.13 | 6.37 | 6.41 | 6.21 | 6.34 |
| Low | 5.41 | 5.43 | 5.64 | 5.88 | 6.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.7% | 20.2% | 10.7% | 3.0% | 6.2% |
| Avg | -12.2% | 3.9% | 0.7% | -3.2% | 2.2% |
| Low | -22.5% | -11.4% | -11.3% | -8.3% | -0.8% |
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.