Simon Property Group (SPG) Stock Forecast, Price Target & Predictions
SPG Stock Forecast
Simon Property Group stock forecast is as follows: an average price target of $166.25 (represents a -8.55% downside from SPG’s last price of $181.80) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
SPG Price Target
The average price target for Simon Property Group (SPG) is $166.25 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $115.00. This represents a potential -8.55% downside from SPG's last price of $181.80.
SPG Analyst Ratings
According to 15 Wall Street analysts, Simon Property Group's rating consensus is 'Buy'. The analyst rating breakdown for SPG stock is 0 'Strong Buy' (0.00%), 8 'Buy' (53.33%), 6 'Hold' (40.00%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).
Simon Property Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 16, 2024 | Steve Sakwa | Evercore ISI | - | - | 4.87% | -5.39% |
| Sep 13, 2024 | Marie Ferguson | Argus Research | - | - | 9.32% | -1.54% |
| Sep 04, 2024 | Katy McConnell | Citigroup | - | - | -0.05% | -9.24% |
| Sep 02, 2024 | Alexander Goldfarb | Piper Sandler | - | - | 4.57% | -3.74% |
| Aug 28, 2024 | Ki Bin Kim | Truist Financial | - | - | -5.12% | -13.09% |
| Aug 28, 2024 | Steve Sakwa | Evercore ISI | - | - | -4.79% | -11.99% |
| Aug 26, 2024 | Greg McGinnis | Scotiabank | - | - | 1.33% | -7.04% |
| Aug 06, 2024 | Simon Yarmak | Stifel Nicolaus | - | - | 2.11% | -13.37% |
| Jun 11, 2024 | Jacob Kilstein | Argus Research | - | - | 11.29% | -7.59% |
| May 16, 2024 | Greg McGinnis | Scotiabank | - | - | 1.19% | -16.39% |
The latest Simon Property Group stock forecast, released on Sep 16, 2024 by Steve Sakwa from Evercore ISI, set a price target of $172.00, which represents a 4.87% increase from the stock price at the time of the forecast ($164.02), and a -5.39% decrease from SPG last price ($181.80).
Simon Property Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 7 | 11 |
| Avg Price Target | - | $168.29 | $167.77 |
| Last Closing Price | $181.80 | $181.80 | $181.80 |
| Upside/Downside | -100.00% | -7.43% | -7.72% |
In the current month, the average price target of Simon Property Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Simon Property Group's last price of $181.80. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 08, 2024 | Zacks Investment Research | Positive | Positive | Hold |
| Sep 16, 2024 | Evercore ISI | Outperform | Upgrade | |
| Sep 04, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 02, 2024 | Piper Sandler | Overweight | Neutral | Downgrade |
| Aug 28, 2024 | Compass Point | Buy | Buy | Hold |
| Aug 26, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 16, 2024 | Argus Research | Buy | Buy | Hold |
| Aug 16, 2024 | Deutsche Bank | Hold | Hold | Hold |
| May 16, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 15, 2024 | BMO Capital | Outperform | Outperform | Hold |
Simon Property Group's last stock rating was published by Zacks Investment Research on Oct 08, 2024. The company gave SPG a "Positive" rating, the same as its previous rate.
Simon Property Group Financial Forecast
Simon Property Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.53B | $1.41B | - | $1.35B | $1.40B | $1.32B | $1.28B | $1.30B | $1.33B | $1.30B | $1.25B | $1.24B | $1.13B | $1.06B | $1.06B | $1.35B | $1.49B | $1.42B |
| Avg Forecast | $1.49B | $1.39B | $1.37B | $1.38B | $1.44B | $1.36B | $1.34B | $1.33B | $1.40B | $1.32B | $1.30B | $1.31B | $1.38B | $1.27B | $1.26B | $1.26B | $1.29B | $1.24B | $1.22B | $1.20B | $1.26B | $1.18B | $1.11B | $1.10B | $1.13B | $1.12B | $1.09B | $1.32B | $1.44B | $1.32B |
| High Forecast | $1.53B | $1.42B | $1.40B | $1.41B | $1.48B | $1.39B | $1.37B | $1.36B | $1.42B | $1.32B | $1.30B | $1.31B | $1.40B | $1.30B | $1.29B | $1.29B | $1.33B | $1.24B | $1.22B | $1.20B | $1.26B | $1.18B | $1.11B | $1.10B | $1.13B | $1.12B | $1.09B | $1.32B | $1.44B | $1.32B |
| Low Forecast | $1.46B | $1.36B | $1.33B | $1.35B | $1.41B | $1.33B | $1.31B | $1.31B | $1.39B | $1.32B | $1.30B | $1.31B | $1.33B | $1.25B | $1.23B | $1.23B | $1.26B | $1.24B | $1.22B | $1.20B | $1.26B | $1.18B | $1.11B | $1.10B | $1.13B | $1.12B | $1.09B | $1.32B | $1.44B | $1.32B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.11% | - | 1.07% | 1.08% | 1.06% | 1.05% | 1.08% | 1.05% | 1.10% | 1.13% | 1.12% | 1.00% | 0.95% | 0.98% | 1.02% | 1.04% | 1.08% |
Simon Property Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.31B, with a low forecast of $1.31B, and a high forecast of $1.31B. SPG's average Quarter revenue forecast represents a -14.10% decrease compared to the company's last Quarter revenue of $1.53B (Dec 23).
Simon Property Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.11B | $1.01B | - | $991.68M | $1.22B | $1.12B | $1.12B | $1.03B | $1.09B | $1.27B | $1.20B | $974.63M | $806.07M | $691.24M | $789.46M | $960.55M | $1.05B | $1.10B |
| Avg Forecast | $1.20B | $1.11B | $1.09B | $1.10B | $1.16B | $1.09B | $1.07B | $1.06B | $1.12B | $1.05B | $1.04B | $1.10B | $1.10B | $1.02B | $1.01B | $995.57M | $939.27M | $994.14M | $980.65M | $905.07M | $1.01B | $945.66M | $892.95M | $625.39M | $903.53M | $896.61M | $870.66M | $1.09B | $1.15B | $1.06B |
| High Forecast | $1.23B | $1.14B | $1.12B | $1.13B | $1.19B | $1.12B | $1.10B | $1.09B | $1.14B | $1.05B | $1.04B | $1.31B | $1.12B | $1.04B | $1.04B | $1.19B | $1.13B | $994.14M | $980.65M | $1.09B | $1.01B | $945.66M | $892.95M | $750.47M | $903.53M | $896.61M | $870.66M | $1.31B | $1.15B | $1.06B |
| Low Forecast | $1.17B | $1.09B | $1.07B | $1.08B | $1.13B | $1.06B | $1.05B | $1.05B | $1.12B | $1.05B | $1.04B | $876.10M | $1.07B | $1.00B | $987.09M | $796.46M | $751.41M | $994.14M | $980.65M | $724.05M | $1.01B | $945.66M | $892.95M | $500.31M | $903.53M | $896.61M | $870.66M | $870.90M | $1.15B | $1.06B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.99% | - | 1.00% | 1.29% | 1.12% | 1.14% | 1.13% | 1.08% | 1.34% | 1.34% | 1.56% | 0.89% | 0.77% | 0.91% | 0.88% | 0.91% | 1.04% |
1 analysts predict SPG's average Quarter EBITDA for Mar 24 to be $1.10B, with a high of $1.31B and a low of $876.10M. This is -1.55% lower than Simon Property Group's previous annual EBITDA (Dec 23) of $1.11B.
Simon Property Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $2.29K | $1.82K | - | $452.66M | $674.62M | $539.87M | $497.58M | $427.46M | $573.73M | $680.77M | $618.09M | $446.69M | $272.32M | $146.76M | $255.05M | $438.44M | $511.03M | $545.09M |
| Avg Forecast | $618.18M | $508.90M | $451.13M | $409.03M | $597.41M | $493.06M | $474.99M | $435.53M | $575.59M | $486.92M | $471.93M | $506.77M | $614.46M | $493.64M | $488.07M | $460.70M | $514.05M | $482.82M | $479.08M | $418.82M | $481.29M | $359.21M | $341.99M | $286.63M | $295.84M | $315.30M | $307.91M | $496.90M | $540.08M | $570.78M |
| High Forecast | $639.33M | $526.31M | $466.57M | $423.02M | $617.85M | $509.93M | $491.24M | $452.28M | $582.38M | $494.83M | $488.96M | $608.12M | $623.66M | $496.83M | $504.77M | $552.84M | $616.86M | $482.82M | $479.08M | $502.58M | $481.29M | $359.21M | $348.14M | $343.95M | $295.84M | $315.30M | $307.91M | $596.28M | $540.08M | $570.78M |
| Low Forecast | $600.07M | $493.99M | $437.91M | $397.04M | $579.91M | $478.61M | $461.07M | $424.87M | $565.40M | $479.01M | $454.91M | $405.41M | $607.10M | $490.46M | $473.76M | $368.56M | $411.24M | $482.82M | $479.08M | $335.05M | $481.29M | $359.21M | $335.85M | $229.30M | $295.84M | $315.30M | $307.91M | $397.52M | $540.08M | $570.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | - | 0.98% | 1.31% | 1.12% | 1.04% | 1.02% | 1.19% | 1.90% | 1.81% | 1.56% | 0.92% | 0.47% | 0.83% | 0.88% | 0.95% | 0.95% |
Simon Property Group's average Quarter net income forecast for Mar 24 is $506.77M, with a range of $405.41M to $608.12M. SPG's average Quarter net income forecast represents a 22129492.88% increase compared to the company's last Quarter net income of $2.29K (Dec 23).
Simon Property Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $50.91M | $37.88M | - | $33.27M | $45.36M | $34.89M | $29.42M | $33.10M | $36.22M | $45.54M | $26.82M | $36.06M | $43.01M | $17.77M | $19.98M | $40.42M | $48.55M | $44.62M |
| Avg Forecast | $42.71M | $39.71M | $39.05M | $39.39M | $41.33M | $38.86M | $38.23M | $38.02M | $40.12M | $37.65M | $37.07M | $39.31M | $39.45M | $36.43M | $36.08M | $35.74M | $36.93M | $35.46M | $34.98M | $32.49M | $36.04M | $33.73M | $31.85M | $23.14M | $32.23M | $31.98M | $31.05M | $45.81M | $41.12M | $37.69M |
| High Forecast | $43.83M | $40.76M | $40.08M | $40.42M | $42.42M | $39.88M | $39.23M | $38.81M | $40.64M | $37.65M | $37.07M | $47.18M | $39.99M | $37.09M | $37.03M | $42.89M | $44.32M | $35.46M | $34.98M | $38.99M | $36.04M | $33.73M | $31.85M | $27.77M | $32.23M | $31.98M | $31.05M | $54.97M | $41.12M | $37.69M |
| Low Forecast | $41.75M | $38.82M | $38.17M | $38.50M | $40.40M | $37.98M | $37.36M | $37.50M | $39.86M | $37.64M | $37.07M | $31.45M | $38.10M | $35.88M | $35.26M | $28.59M | $29.55M | $35.46M | $34.98M | $25.99M | $36.04M | $33.73M | $31.85M | $18.51M | $32.23M | $31.98M | $31.05M | $36.65M | $41.12M | $37.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 1.04% | - | 0.93% | 1.23% | 0.98% | 0.84% | 1.02% | 1.00% | 1.35% | 0.84% | 1.56% | 1.33% | 0.56% | 0.64% | 0.88% | 1.18% | 1.18% |
Simon Property Group's average Quarter SG&A projection for Mar 24 is $39.31M, based on 1 Wall Street analysts, with a range of $31.45M to $47.18M. The forecast indicates a -22.78% fall compared to SPG last annual SG&A of $50.91M (Dec 23).
Simon Property Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.38 | $2.06 | $1.65 | $1.51 | $1.30 | $1.75 | $2.07 | $1.88 | $1.36 | $0.86 | $0.48 | $0.83 | $1.43 | $1.66 | $1.77 |
| Avg Forecast | $1.90 | $1.56 | $1.38 | $1.25 | $1.83 | $1.51 | $1.46 | $1.34 | $1.76 | $1.49 | $1.45 | $1.36 | $1.88 | $1.51 | $1.50 | $1.44 | $1.80 | $1.48 | $1.47 | $1.25 | $1.48 | $1.10 | $1.05 | $1.03 | $0.91 | $0.97 | $0.94 | $1.56 | $1.66 | $1.75 |
| High Forecast | $1.96 | $1.61 | $1.43 | $1.30 | $1.89 | $1.56 | $1.51 | $1.39 | $1.79 | $1.52 | $1.50 | $1.36 | $1.91 | $1.52 | $1.55 | $1.45 | $1.88 | $1.48 | $1.47 | $1.25 | $1.48 | $1.10 | $1.07 | $1.03 | $0.91 | $0.97 | $0.94 | $1.56 | $1.66 | $1.75 |
| Low Forecast | $1.84 | $1.51 | $1.34 | $1.22 | $1.78 | $1.47 | $1.41 | $1.30 | $1.73 | $1.47 | $1.39 | $1.36 | $1.86 | $1.50 | $1.45 | $1.43 | $1.73 | $1.48 | $1.47 | $1.25 | $1.48 | $1.10 | $1.03 | $1.03 | $0.91 | $0.97 | $0.94 | $1.56 | $1.66 | $1.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.14% | 1.11% | 1.03% | 1.04% | 1.19% | 1.88% | 1.79% | 1.32% | 0.95% | 0.50% | 0.88% | 0.92% | 1.00% | 1.01% |
According to 5 Wall Street analysts, Simon Property Group's projected average Quarter EPS for Jun 23 is $1.50, with a low estimate of $1.45 and a high estimate of $1.55. This represents a 8.44% increase compared to SPG previous annual EPS of $1.38 (Mar 23).
Simon Property Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SITC | SITE Centers | - | - | 107.49% | Hold |
| NTST | NETSTREIT | - | - | 47.84% | Buy |
| O | Realty Income | - | - | 21.15% | Buy |
| NNN | National Retail Properties | - | - | 9.11% | Buy |
| FRT | Federal Realty Investment Trust | - | - | 7.47% | Buy |
| GTY | Getty Realty | - | - | 2.45% | Buy |
| REG | Regency Centers | - | - | -2.23% | Buy |
| BRX | Brixmor Property Group | - | - | -3.06% | Buy |
| KIM | Kimco Realty | - | - | -5.65% | Buy |
| ADC | Agree Realty | - | - | -8.12% | Buy |
| SPG | Simon Property Group | - | - | -8.55% | Buy |
| SKT | Tanger | - | - | -12.74% | Buy |