SPG

Simon Property Group Inc

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167.110

+2.15(1.303%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

167.215

Open

165.530

VWAP

166.83

Vol

1.37M

Mkt Cap

54.55B

Low

164.270

Amount

229.36M

EV/EBITDA(TTM)

24.53

Total Shares

325.94M

78.62B

EV/OCF(TTM)

20.32

P/S(TTM)

8.41

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). It 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 194 income-producing properties in the United States, which consists of 92 malls, 70 Premium Outlets, 14 Mills, six lifestyle centers, and 12 other retail properties in 37 states and Puerto Rico. It also holds an interest in 22 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 properties in North America, Europe and Asia. Internationally, the Company has ownership in 38 Premium Outlets and Designer Outlet properties primarily located in Asia, Europe, and Canada. It also has two luxury outlet destinations in Italy.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

1.50B

+4.57%

1.959

+9.16%

1.42B

-4.08%

1.628

+11.48%

1.40B

-4.33%

1.544

+2.22%

Estimates Revision

The market is revising Upward the revenue expectations for Simon Property Group, Inc. (SPG) for FY2025, with the revenue forecasts being adjusted by 1.42% over the past three months. During the same period, the stock price has changed by 5.43%.

Revenue Estimates for FY2025

Revise Upward

+1.42%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+3.95%

In Past 3 Month

Stock Price

Go Up

+5.43%

In Past 3 Month

14 Analyst Rating

7.84% Upside

Wall Street analysts forecast SPG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPG is 180.21 USD with a low forecast of 163.00 USD and a high forecast of 225.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

8 Hold

0 Sell

Moderate Buy

7.84% Upside

Current: 167.110

Low

163.00

Averages

180.21

High

225.00

7.84% Upside

Current: 167.110

Low

163.00

Averages

180.21

High

225.00

Ladenburg

Destiny Hance

initiated

$225

2025-07-18

Reason

Ladenburg

Destiny Hance

Price Target

$225

2025-07-18

initiated

Reason

Ladenburg analyst Destiny Hance initiated coverage of Simon Property with a Buy rating and $225 price target.

Barclays

analyst

Equal Weight

initiated

$170

2025-07-02

Reason

Barclays

analyst

Price Target

$170

2025-07-02

initiated

Equal Weight

Reason

Barclays initiated coverage of Simon Property with an Equal Weight rating and $170 price target as the firm launched coverage of six REITs across two new sub-sectors for the franchise, Shopping Centers and Malls / Outlets. Despite "obvious" concerns around tariffs and the slowing consumer, the firm believes that investors may be overpaying for the "perceived defensiveness of certain grocery-anchored portfolios," says the analyst, who broadly favors companies with strong balance sheets and improving free cash flow profiles.

Scotiabank

Greg McGinniss

Sector Perform

maintain

$159 -> $163

2025-06-18

Reason

Scotiabank

Greg McGinniss

Price Target

$159 -> $163

2025-06-18

maintain

Sector Perform

Reason

Scotiabank analyst Greg McGinniss raised the firm's price target on Simon Property to $163 from $159 and keeps a Sector Perform rating on the shares. While the firm has growing concerns around the consumer and believes headline risk will weigh on Retail REIT sentiment, leasing remains healthy and Scotiabank sees limited near-term bankruptcy risk, the analyst tells investors in a research note.

Mizuho

Neutral

downgrade

$182 -> $169

2025-06-10

Reason

Mizuho

Price Target

$182 -> $169

2025-06-10

downgrade

Neutral

Reason

Mizuho lowered the firm's price target on Simon Property to $169 from $182 and keeps a Neutral rating on the shares. The firm updates estimates and price targets in the mall real estate investment trust group.

BMO Capital

Juan Sanabria

Market Perform

downgrade

$200 -> $180

2025-05-26

Reason

BMO Capital

Juan Sanabria

Price Target

$200 -> $180

2025-05-26

downgrade

Market Perform

Reason

BMO Capital analyst Juan Sanabria lowered the firm's price target on Simon Property to $180 from $200 and keeps a Market Perform rating on the shares. The firm made changes to its models for a number of REITs due to interest rate changes, recent results, and/or discussions with company management.

Piper Sandler

Overweight

downgrade

$205 -> $200

2025-05-23

Reason

Piper Sandler

Price Target

$205 -> $200

2025-05-23

downgrade

Overweight

Reason

Piper Sandler lowered the firm's price target on Simon Property to $200 from $205 and keeps an Overweight rating on the shares. The firm updated estimates and targets in the real estate sector to close out Q1 earnings.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Simon Property Group Inc (SPG.N) is 25.16, compared to its 5-year average forward P/E of 21.76. For a more detailed relative valuation and DCF analysis to assess Simon Property Group Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

21.76

Current PE

25.16

Overvalued PE

26.20

Undervalued PE

17.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

16.94

Current EV/EBITDA

17.76

Overvalued EV/EBITDA

19.14

Undervalued EV/EBITDA

14.74

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

8.09

Current PS

9.55

Overvalued PS

9.73

Undervalued PS

6.44