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Simon Property Group (SPG) Stock Forecast, Price Target & Predictions

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SPG Stock Forecast

Simon Property Group stock forecast is as follows: an average price target of $167.93 (represents a -2.14% downside from SPG’s last price of $171.61) 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 $167.93 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $179.00 to $157.50. This represents a potential -2.14% downside from SPG's last price of $171.61.

SPG Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 16, 2024Steve SakwaEvercore ISI$172.00$164.024.87%0.23%
Sep 13, 2024Marie FergusonArgus Research$179.00$163.749.32%4.31%
Sep 04, 2024Katy McConnellCitigroup$165.00$165.08-0.05%-3.85%
Sep 02, 2024Alexander GoldfarbPiper Sandler$175.00$167.354.57%1.98%
Aug 28, 2024Ki Bin KimTruist Financial$158.00$166.53-5.12%-7.93%
Aug 28, 2024Steve SakwaEvercore ISI$160.00$168.05-4.79%-6.77%
Aug 26, 2024Greg McGinnisScotiabank$169.00$166.781.33%-1.52%
Aug 06, 2024Simon YarmakStifel Nicolaus$157.50$154.252.11%-8.22%
Jun 11, 2024Jacob KilsteinArgus Research$168.00$150.9611.29%-2.10%
May 16, 2024Greg McGinnisScotiabank$152.00$150.211.19%-11.43%
May 15, 2024Alexander GoldfarbBMO Capital$190.00$151.0425.79%10.72%
Dec 14, 2022Derek JohnstonDeutsche Bank$115.00$120.24-4.36%-32.99%
Aug 15, 2022Ki Bin KimTruist Financial$125.00$113.2510.38%-27.16%
Jun 20, 2022Ki Bin KimTruist Financial$130.00$95.6935.86%-24.25%
May 19, 2022Caitlin BurrowsGoldman Sachs$166.00$110.0450.85%-3.27%
Mar 07, 2022Richard HillMorgan Stanley$160.00$128.2724.74%-6.77%
Jan 24, 2022James SullivanBTIG$177.00$144.2622.70%3.14%
Jan 12, 2022Steve SakwaEvercore ISI$180.00$159.9012.57%4.89%
Nov 26, 2021Angus Kelleher-FergusonArgus Research$180.00$156.8014.80%4.89%
Nov 24, 2021Alexander GoldfarbPiper Sandler$200.00$165.1621.09%16.54%
Nov 02, 2021Floris van DijkumCompass Point$200.00$155.3528.74%16.54%
Aug 10, 2021Simon YarmakStifel Nicolaus$140.00$127.649.68%-18.42%
Jul 15, 2021Jonathan PetersenJefferies$144.00$122.2617.78%-16.09%

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 0.23% increase from SPG last price ($171.61).

Simon Property Group Price Target by Period

1M3M12M
# Anlaysts--11
Avg Price Target--$167.77
Last Closing Price$171.61$171.61$171.61
Upside/Downside-100.00%-100.00%-2.24%

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 $171.61. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2024Zacks Investment ResearchPositivePositiveHold
Sep 16, 2024Evercore ISIOutperformUpgrade
Sep 04, 2024CitigroupNeutralNeutralHold
Sep 02, 2024Piper SandlerOverweightNeutralDowngrade
Aug 28, 2024Compass PointBuyBuyHold
Aug 26, 2024ScotiabankSector PerformSector PerformHold
Aug 16, 2024Argus ResearchBuyBuyHold
Aug 16, 2024Deutsche BankHoldHoldHold
May 16, 2024ScotiabankSector PerformSector PerformHold
May 15, 2024BMO CapitalOutperformOutperformHold
Mar 25, 2024StephensHoldHoldHold
Jul 05, 2023Wolfe ResearchOutperformUpgrade
Dec 14, 2022Wells FargoOverweightOverweightHold
Dec 14, 2022Piper SandlerOverweightOverweightHold
Aug 16, 2022Raymond JamesHoldHoldHold
Jul 01, 2022Goldman SachsSellUpgrade
Mar 07, 2022Morgan StanleyOverweightOverweightHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$1.46B$1.37B$1.36B$1.35B$1.41B$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$1.52B$1.41B$1.39B$1.40B$1.49B$1.40B$1.38B$1.37B$1.43B$1.32B$1.30B$1.31B$1.40B$1.30B$1.28B$1.28B$1.32B$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$1.45B$1.35B$1.33B$1.34B$1.43B$1.34B$1.32B$1.32B$1.40B$1.32B$1.30B$1.31B$1.33B$1.25B$1.23B$1.22B$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
# Analysts111111133111385443435454599955
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111385443435454599955
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$1.17B$1.10B$1.09B$1.08B$1.13B$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$1.22B$1.13B$1.11B$1.12B$1.19B$1.12B$1.11B$1.09B$1.14B$1.05B$1.04B$1.31B$1.12B$1.04B$1.03B$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$1.16B$1.08B$1.07B$1.07B$1.14B$1.07B$1.06B$1.06B$1.12B$1.05B$1.04B$876.10M$1.07B$1.00B$984.00M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111385443435454599955
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$592.16M$487.81M$458.28M$417.63M$573.42M$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$632.93M$521.03M$461.89M$418.78M$606.28M$499.44M$469.21M$430.68M$578.48M$494.83M$488.96M$608.12M$623.66M$496.83M$499.70M$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$597.61M$491.96M$436.12M$395.41M$572.45M$471.58M$443.03M$404.58M$563.30M$479.01M$454.91M$405.41M$607.10M$490.46M$471.82M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111385443435454599955
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$41.85M$39.33M$38.83M$38.55M$40.35M$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$43.49M$40.44M$39.77M$40.11M$42.62M$40.05M$39.55M$39.07M$40.87M$37.65M$37.07M$47.18M$39.99M$37.09M$36.74M$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$41.62M$38.70M$38.05M$38.38M$40.78M$38.32M$37.84M$37.75M$40.08M$37.64M$37.07M$31.45M$38.10M$35.88M$35.15M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111133111385443435454599955
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$1.82$1.50$1.41$1.28$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$1.94$1.60$1.42$1.28$1.86$1.53$1.44$1.32$1.77$1.52$1.50$1.36$1.91$1.52$1.53$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$1.83$1.51$1.34$1.21$1.76$1.45$1.36$1.24$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 $1.53. 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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NTSTNETSTREIT$14.93$25.5070.80%Buy
ORealty Income$54.52$63.6516.75%Buy
NNNNational Retail Properties$41.88$47.6713.83%Buy
FRTFederal Realty Investment Trust$114.33$128.1712.11%Buy
ADCAgree Realty$73.31$77.005.03%Buy
GTYGetty Realty$32.14$33.504.23%Buy
BRXBrixmor Property Group$28.65$29.502.97%Buy
REGRegency Centers$75.50$77.502.65%Buy
KIMKimco Realty$24.30$24.330.12%Buy
SKTTanger$35.41$33.50-5.39%Buy
SPGSimon Property Group$179.96$167.93-6.68%Buy
SITCSITE Centers$15.42$13.46-12.71%Hold

SPG Forecast FAQ

Is Simon Property Group a good buy?

Yes, according to 15 Wall Street analysts, Simon Property Group (SPG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 53.33% of SPG's total ratings.

What is SPG's price target?

Simon Property Group (SPG) average price target is $167.93 with a range of $157.5 to $179, implying a -2.14% from its last price of $171.61. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Simon Property Group stock go up soon?

According to Wall Street analysts' prediction for SPG stock, the company can go down by -2.14% (from the last price of $171.61 to the average price target of $167.93), up by 4.31% based on the highest stock price target, and down by -8.22% based on the lowest stock price target.

Can Simon Property Group stock reach $300?

SPG's average twelve months analyst stock price target of $167.93 does not support the claim that Simon Property Group can reach $300 in the near future.

What are Simon Property Group's analysts' financial forecasts?

Simon Property Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $5.54B (high $5.64B, low $5.41B), average EBITDA is $4.44B (high $4.52B, low $4.33B), average net income is $1.96B (high $2.01B, low $1.89B), average SG&A $158.57M (high $161.3M, low $154.7M), and average EPS is $6 (high $6.15, low $5.8). SPG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.62B (high $5.73B, low $5.48B), average EBITDA is $4.5B (high $4.59B, low $4.39B), average net income is $1.99B (high $2.03B, low $1.92B), average SG&A $160.86M (high $163.81M, low $156.75M), and average EPS is $6.09 (high $6.24, low $5.89).

Did the SPG's actual financial results beat the analysts' financial forecasts?

Based on Simon Property Group's last annual report (Dec 2023), the company's revenue was $5.66B, beating the average analysts forecast of $5.17B by 9.44%. Apple's EBITDA was $4.07B, missing the average prediction of $4.13B by -1.46%. The company's net income was $6.98K, missing the average estimation of $2.06B by -100.00%. Apple's SG&A was $165.86M, beating the average forecast of $147.7M by 12.30%. Lastly, the company's EPS was $0, missing the average prediction of $6.33 by -100.00%. In terms of the last quarterly report (Dec 2023), Simon Property Group's revenue was $1.53B, beating the average analysts' forecast of $1.38B by 10.76%. The company's EBITDA was $1.11B, beating the average prediction of $1.1B by 0.73%. Simon Property Group's net income was $2.29K, missing the average estimation of $614.46M by -100.00%. The company's SG&A was $50.91M, beating the average forecast of $39.45M by 29.05%. Lastly, the company's EPS was $0, missing the average prediction of $1.88 by -100.00%