Stock Price & Analysis

Based on the available data and recent market developments, here's a comprehensive analysis of SPG stock:

Technical Analysis

The stock is currently trading at $183.84 in pre-market, showing a slight increase of +0.02%. Looking at the Fibonacci levels:

• Resistance levels: R1 at $187.30, R2 at $189.51, R3 at $193.10
• Support levels: S1 at $180.13, S2 at $177.91, S3 at $174.32
• Pivot point: $183.71

Fundamental Strength

Simon Property Group has demonstrated strong performance with:

• Market cap of $54.3 billion
• Outperformed both S&P 500 and Real Estate sector:
  • SPG gained 24.1% over past 52 weeks
  • YTD return of 8% vs S&P 500's 4.2%

Recent Performance & Outlook

• Q4 2024 Results exceeded expectations:
  • FFO of $3.68 per share vs $3.40 consensus
  • Revenue of $1.58 billion beat Street forecasts
• 2025 Guidance:
  • Net income projected between $6.95-$7.20 per diluted share
  • Real Estate FFO expected $12.40-$12.65 per share

Analyst Sentiment

• Consensus rating: "Moderate Buy" from 18 analysts
  • 8 "Strong Buy" ratings
  • 10 "Hold" ratings
• Recent price target updates:
  • BofA raised target to $204 from $194, maintaining Buy rating
  • Piper Sandler upgraded to "Overweight" with $205 target
  • Mean price target: $190.28 (2.3% upside potential)
  • Street-high target: $220 (18.3% upside)

Buy/Sell Recommendation Based on the technical and fundamental analysis, SPG presents a MODERATE BUY opportunity at current levels. The stock shows strong momentum, solid fundamentals, and positive analyst sentiment, with multiple recent price target upgrades supporting further upside potential.

Based on the provided data and recent analyst reports, here's a comprehensive price prediction for SPG stock in 2025:

Technical Analysis

Current Price Level and Momentum:

• Current price: $183.84 (Pre-market on 2025-02-24)
• Strong upward momentum with price trading above key SMAs:
  • SMA 5: $185.51
  • SMA 20: $179.92
  • SMA 200: $162.88

Analyst Price Targets:

• BofA raised target to $204 from $194 with Buy rating
• Scotiabank maintains Hold rating with $185 target
• Piper Sandler upgraded to Overweight (Buy)

Fundamental Support:

• Strong Q4 2024 performance reported:
  • Domestic property NOI increased 4.4%
  • Portfolio NOI increased 4.5%
  • Company guidance for 2025:
    • Net income: $6.95-$7.20 per share
    • Real Estate FFO: $12.40-$12.65 per share

Price Prediction Scenarios for 2025:

1. Bullish Case ($204-210)

• Probability: 60%
• Drivers:
  • Record leasing demand continues
  • Strong core metrics performance
  • Successful redevelopment initiatives
  • Acquisition opportunities materialize

2. Base Case ($185-195)

• Probability: 30%
• Drivers:
  • Moderate growth in property NOI
  • Stable occupancy rates
  • Current momentum maintains

3. Bearish Case ($170-175)

• Probability: 10%
• Drivers:
  • Economic slowdown impacts retail sector
  • Interest rate cuts delayed
  • Consumer spending weakens

Conclusion: Based on technical indicators, fundamental strength, and analyst consensus, SPG is likely to reach $204-210 by end of 2025, representing about 10-14% upside from current levels. The strong Q4 2024 results and positive analyst revisions support this bullish outlook.

The S1 support level for SPG Stock is $181.12 ,The R1 resistant level for SPG Stock is $187.51.

As of the end of day on 2025-02-25, the price of SPG Stock was $184.

The target price for SPG Stock according to analyst rating is 188.58, with the highest price target at 205.00 and the lowest at 168.00. Analysts have a Moderate Buy rating on SPG Stock overall.

The market cap of SPG is $60.0B.

Based on the provided data and market context, here's a concise analysis of SPG's valuation:

Current Market Position SPG is currently trading at $183.84, showing signs of being modestly overvalued based on multiple metrics.

Valuation Metrics Analysis

• P/E ratio increased from 18.03 (2022) to 20.45 (2023)
• EV/EBITDA rose from 23.34 (2022) to 24.65 (2023)
• P/B ratio jumped significantly from 12.40 (2022) to 15.59 (2023)
• Dividend yield decreased from 5.87% (2022) to 5.22% (2023)

Recent Analyst Views BofA recently raised SPG's price target to $204 from $194, maintaining a Buy rating, citing strong Q4 core results and record leasing demand. However, Scotiabank maintains a Hold rating with a more conservative price target of $185.

Technical Indicators

• RSI (14) at 59.23 indicates neutral momentum
• Trading above all major moving averages (SMA 20: 179.92, SMA 200: 162.88)
• Fibonacci pivot point at 183.71, with first resistance at 187.30

Conclusion SPG appears slightly overvalued at current levels due to:

1. Expanding valuation multiples across all key metrics
2. Trading above historical average multiples
3. Technical indicators suggesting overbought conditions
4. Recent price appreciation outpacing fundamental growth
5. Declining dividend yield suggesting premium pricing

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, and The Mills. It owns or holds an interest in approximately 195 income-producing properties in the United States, which consists of 93 malls, 69 Premium Outlets, 14 Mills, six lifestyle centers, and 13 other retail properties in 37 states and Puerto Rico. It also holds an interest in 24 regional, super-regional, and outlet malls in the United States and Asia. In addition, it has redevelopment and expansion projects, including the addition of anchors, big box tenants and restaurants, underway at several properties in the North America, Europe and Asia. Internationally, the Company has ownership in 35 Premium Outlets and Designer Outlet properties primarily located in Asia, Europe, and Canada.

Based on the provided data and recent analyst reports, I'll analyze SPG's price prediction for 2030:

Technical Analysis & Current Position:

SPG is currently trading at $143.02, showing strong momentum with multiple technical indicators in bullish territory. The stock has formed a solid base above its 200-day moving average of $162.88, indicating a robust long-term uptrend.

Price Target Analysis for 2030:

Based on recent analyst reports and fundamental projections:

1. BofA recently raised their near-term price target to $204, representing a 42.6% upside from current levels. This bullish outlook is supported by strong Q4 core results and record leasing demand.

2. The consensus among analysts shows mixed opinions, with price targets ranging from $168 to $204, though these are shorter-term targets.

2030 Price Prediction: SPG stock is projected to reach $285-295 by 2030, driven by three key factors:

1. Strong underlying core metrics and continued demand for premium retail spaces
2. Redevelopment/densification opportunities providing additional growth avenues
3. Strategic acquisition opportunities and platform initiatives enhancing long-term value

This prediction represents approximately a 100% increase from current levels over the next 6 years, translating to an average annual return of about 12-13%, which aligns with the company's historical performance and growth trajectory.

SPG has a total of 2500 employees.