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 $165.39 (represents a 0.84% upside from SPG’s last price of $164.02) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

SPG Price Target


The average price target for Simon Property Group (SPG) is $165.39 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $115.00. This represents a potential 0.84% upside from SPG's last price of $164.02.

SPG Analyst Ratings


Buy

According to 13 Wall Street analysts, Simon Property Group's rating consensus is 'Buy'. The analyst rating breakdown for SPG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (46.15%), 6 'Hold' (46.15%), 1 'Sell' (7.69%), 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 13, 2024Marie FergusonArgus Research$179.00$163.749.32%9.13%
Sep 04, 2024Katy McConnellCitigroup$165.00$165.08-0.05%0.60%
Sep 02, 2024Alexander GoldfarbPiper Sandler$175.00$167.354.57%6.69%
Aug 28, 2024Ki Bin KimTruist Financial$158.00$166.53-5.12%-3.67%
Aug 28, 2024Steve SakwaEvercore ISI$160.00$168.05-4.79%-2.45%
Aug 26, 2024Greg McGinnisScotiabank$169.00$166.781.33%3.04%
Aug 06, 2024Simon YarmakStifel Nicolaus$157.50$154.252.11%-3.98%
Jun 11, 2024Jacob KilsteinArgus Research$168.00$150.9611.29%2.43%
May 16, 2024Greg McGinnisScotiabank$152.00$150.211.19%-7.33%
May 15, 2024Alexander GoldfarbBMO Capital$190.00$151.0425.79%15.84%
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The latest Simon Property Group stock forecast, released on Sep 13, 2024 by Marie Ferguson from Argus Research, set a price target of $179.00, which represents a 9.32% increase from the stock price at the time of the forecast ($163.74), and a 9.13% increase from SPG last price ($164.02).

Simon Property Group Price Target by Period


1M3M12M
# Anlaysts6710
Avg Price Target$167.67$166.21$167.35
Last Closing Price$164.02$164.02$164.02
Upside/Downside2.23%1.34%2.03%

In the current month, the average price target of Simon Property Group stock is $167.67, according to 6 Wall Street analysts offering twelve months forecast. The average price target represents a 2.23% increase as opposed to Simon Property Group's last price of $164.02. This month's average price target is up 0.88% compared to last quarter, and up 0.19% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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 Research-OutperformUpgrade
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Simon Property Group's last stock rating was published by Citigroup on Sep 04, 2024. The company gave SPG a "Neutral" 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$1.53B$1.41B-$1.35B$1.40B$1.32B-$1.30B$1.33B$1.30B$1.25B$1.24B$1.13B$1.06B$1.06B$1.35B$1.49B$1.42B
Avg Forecast$1.46B$1.39B$1.34B$1.35B$1.41B$1.34B$1.32B$1.32B$1.39B$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$1.49B$1.41B$1.37B$1.38B$1.44B$1.37B$1.35B$1.35B$1.42B$1.33B$1.32B$1.34B$1.40B$1.30B$1.29B$1.28B$1.32B$1.26B$1.22B$1.22B$1.28B$1.20B$1.13B$1.12B$1.15B$1.14B$1.11B$1.35B$1.46B$1.34B
Low Forecast$1.41B$1.34B$1.30B$1.31B$1.37B$1.30B$1.28B$1.28B$1.35B$1.31B$1.26B$1.27B$1.33B$1.25B$1.22B$1.22B$1.25B$1.20B$1.22B$1.16B$1.22B$1.14B$1.08B$1.07B$1.09B$1.08B$1.05B$1.28B$1.39B$1.28B
# Analysts3333444436313854435364671010101066
Surprise %------------1.11%1.11%-1.07%1.08%1.06%-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 $1.27B, and a high forecast of $1.34B. 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436313854435364671010101066
EBITDA------------$1.11B$1.01B-$991.68M$1.22B$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$1.17B$1.11B$1.07B$1.09B$1.13B$1.07B$1.06B$1.06B$1.11B$1.06B$1.04B$1.10B$1.11B$1.02B$1.01B$995.57M$1.04B$1.02B$980.64M$905.07M$853.88M$929.28M$920.35M$625.39M$824.39M$912.43M$870.65M$1.09B$979.56M$724.04M
High Forecast$1.19B$1.13B$1.10B$1.11B$1.15B$1.10B$1.08B$1.08B$1.14B$1.07B$1.06B$1.31B$1.12B$1.04B$1.03B$1.19B$1.06B$1.23B$980.64M$1.09B$1.02B$1.12B$1.10B$750.47M$989.27M$1.09B$886.36M$1.31B$1.18B$868.84M
Low Forecast$1.13B$1.08B$1.04B$1.05B$1.10B$1.04B$1.03B$1.03B$1.08B$1.05B$1.01B$876.10M$1.07B$1.01B$980.52M$796.46M$1.01B$817.77M$980.64M$724.05M$683.10M$743.43M$736.28M$500.31M$659.52M$729.95M$843.67M$870.90M$783.65M$579.23M
Surprise %------------1.01%0.99%-1.00%1.17%1.09%-1.13%1.27%1.36%1.30%1.56%0.98%0.76%0.91%0.88%1.07%1.52%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436313854435364671010101066
Net Income------------$2.29K$1.82K-$452.66M$674.62M$539.87M-$427.46M$573.73M$680.77M$618.09M$446.69M$272.32M$146.76M$255.05M$438.44M$511.03M$545.09M
Avg Forecast$660.58M$570.30M$490.16M$444.14M$621.38M$521.61M$493.00M$451.82M$590.77M$499.63M$471.76M$506.77M$614.24M$493.46M$487.89M$460.70M$588.26M$548.75M$478.90M$418.82M$467.32M$498.86M$474.65M$286.63M$278.51M$193.72M$459.08M$496.90M$478.27M$359.76M
High Forecast$677.68M$585.07M$502.85M$455.64M$637.47M$535.12M$505.76M$463.52M$606.07M$509.59M$483.98M$608.12M$623.43M$496.64M$500.52M$552.84M$603.49M$658.50M$478.90M$502.58M$560.78M$598.64M$569.58M$343.95M$334.21M$232.47M$550.90M$596.28M$573.92M$431.71M
Low Forecast$634.33M$547.64M$470.68M$426.49M$596.69M$500.88M$473.41M$433.87M$567.29M$489.67M$453.02M$405.41M$606.88M$490.28M$468.50M$368.56M$564.89M$439.00M$478.90M$335.05M$373.86M$399.09M$379.72M$229.30M$222.80M$154.98M$367.27M$397.52M$382.62M$287.81M
Surprise %------------0.00%0.00%-0.98%1.15%0.98%-1.02%1.23%1.36%1.30%1.56%0.98%0.76%0.56%0.88%1.07%1.52%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436313854435364671010101066
SG&A------------$50.91M$37.88M-$33.27M$45.36M$34.89M-$33.10M$36.22M$45.54M$26.82M$36.06M$43.01M$17.77M$19.98M$40.42M$48.55M$44.62M
Avg Forecast$41.67M$39.64M$38.34M$38.75M$40.34M$38.32M$37.89M$37.74M$39.71M$37.64M$37.07M$39.31M$39.45M$36.43M$36.08M$35.74M$36.99M$36.71M$34.98M$32.49M$33.58M$33.37M$20.60M$23.14M$43.99M$23.45M$35.97M$45.81M$45.44M$29.45M
High Forecast$42.50M$40.43M$39.11M$39.52M$41.14M$39.09M$38.64M$38.49M$40.50M$38.16M$37.81M$47.18M$39.99M$37.09M$36.80M$42.89M$37.73M$44.05M$34.98M$38.99M$40.29M$40.05M$24.71M$27.77M$52.79M$28.14M$43.17M$54.97M$54.52M$35.34M
Low Forecast$40.39M$38.43M$37.17M$37.56M$39.11M$37.15M$36.73M$36.58M$38.50M$37.39M$35.93M$31.45M$38.10M$35.88M$34.97M$28.59M$35.86M$29.37M$34.98M$25.99M$26.86M$26.70M$16.48M$18.51M$35.19M$18.76M$28.78M$36.65M$36.35M$23.56M
Surprise %------------1.29%1.04%-0.93%1.23%0.95%-1.02%1.08%1.36%1.30%1.56%0.98%0.76%0.56%0.88%1.07%1.52%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436313854435364671010101066
EPS---------------$1.38$2.06$1.65-$1.30$1.75$2.07$1.88$1.36$0.86$0.48$0.83$1.43$1.66$1.77
Avg Forecast$2.03$1.75$1.50$1.36$1.91$1.60$1.51$1.39$1.81$1.53$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$2.08$1.79$1.54$1.40$1.96$1.64$1.55$1.42$1.86$1.56$1.48$1.39$1.91$1.52$1.54$1.48$1.85$1.52$1.47$1.28$1.51$1.13$1.07$1.05$0.93$0.99$0.97$1.60$1.70$1.79
Low Forecast$1.95$1.68$1.44$1.31$1.83$1.54$1.45$1.33$1.74$1.50$1.39$1.30$1.86$1.50$1.44$1.38$1.73$1.42$1.47$1.20$1.42$1.06$1.01$0.99$0.87$0.93$0.91$1.50$1.59$1.68
Surprise %---------------0.96%1.14%1.11%-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 $1.44 and a high estimate of $1.54. 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
ORealty Income$62.71$69.1610.29%Buy
FRTFederal Realty Investment Trust$117.39$122.954.74%Buy
NTSTNETSTREIT$17.08$17.582.93%Hold
GTYGetty Realty$32.37$33.001.95%Hold
SPGSimon Property Group$164.02$165.390.84%Buy
KIMKimco Realty$24.02$23.88-0.58%Hold
SKTTanger Factory Outlet Centers$31.83$31.50-1.04%Buy
BRXBrixmor Property Group$28.02$27.60-1.50%Buy
NNNNational Retail Properties$48.75$47.67-2.22%Buy
REGRegency Centers$74.68$70.88-5.09%Buy
ADCAgree Realty$76.69$69.95-8.79%Buy
SITCSITE Centers$60.39$30.00-50.32%Buy

SPG Forecast FAQ


Yes, according to 13 Wall Street analysts, Simon Property Group (SPG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 46.15% of SPG's total ratings.

Simon Property Group (SPG) average price target is $165.39 with a range of $115 to $200, implying a 0.84% from its last price of $164.02. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for SPG stock, the company can go up by 0.84% (from the last price of $164.02 to the average price target of $165.39), up by 21.94% based on the highest stock price target, and down by -29.89% based on the lowest stock price target.

SPG's average twelve months analyst stock price target of $165.39 does not support the claim that Simon Property Group can reach $200 in the near future.

6 Wall Street analysts forecast a $167.67 price target for Simon Property Group (SPG) this month, up 2.23% from its last price of $164.02. Compared to the last 3 and 12 months, the average price target increased by 1.34% and increased by 2.03%, respectively.

Simon Property Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $5.39B (high $5.5B, low $5.23B), average EBITDA is $4.33B (high $4.41B, low $4.19B), average net income is $2.09B (high $2.14B, low $2B), average SG&A $154.29M (high $157.36M, low $149.57M), and average EPS is $6.4 (high $6.57, low $6.15). SPG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.54B (high $5.65B, low $5.37B), average EBITDA is $4.44B (high $4.53B, low $4.3B), average net income is $2.17B (high $2.22B, low $2.08B), average SG&A $158.39M (high $161.55M, low $153.55M), and average EPS is $6.64 (high $6.81, low $6.38).

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 -1.58%. 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 $1.11B by 0.57%. Simon Property Group's net income was $2.29K, missing the average estimation of $614.24M 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%