Simon Property Group, Inc. (SPG) Stock Forecasts

Simon Property Group (SPG) reported Q2 FFO of $3.29/share, raised full-year FFO guidance to $13.20-$13.30/share, and declared a $2.25/share dividend. Tenant sales rose to $838/sq.ft, and rent increased to $62.42/sq.ft. However, net income fell to $1.49/share, and hedge fund ownership declined. SPG trades at a 30.77 forward P/E.

Simon Property Group (SPG) has seen its stock rise 106.9% over three years, but recent declines raise questions about its valuation. The company issued $800M in new debt and may return a struggling mall, which could impact its cash flow and leverage. Analysts debate whether its current share price of $204.10 aligns with its discounted cash flow (DCF) valuation, which suggests intrinsic value is higher. The company generated $4.0B in free cash flow over the past year, and projections assume growt

Simon Property Group (SPG) cut its dividend in 2020 but outperformed Realty Income (O) with 58% vs. 16% five-year returns. SPG's Q1 2026 revenue rose 19% to $1.76B, with raised full-year FFO guidance. O's yield is 5.5% vs. SPG's 4.3%, but SPG's total return makes it a better Roth IRA choice. Both stocks are down month-to-date.

Evercore ISI lowered its price target on Simon Property Group to $219 from $226, maintaining an 'In Line' rating. The company's stock is currently trading at $205.18, with a 5-day change of +0.17% and a year-to-date change of +11.00%.

Jim Cramer recommended Simon Property Group (SPG) and Federal Realty (FRT) on Mad Money, praising their yields and growth prospects. SPG reported a 7.9% YoY increase in FFO per share, 96% occupancy, and raised 2026 guidance to $13.20-$13.30. FRT saw a 6.8% YoY rise in core FFO, 93.8% occupancy, and increased 2026 guidance to $7.48-$7.56. Both face risks from higher interest rates.

Simon Property Group, advised by Latham & Watkins, completed $800M in notes offerings. The deal involved two separate offerings. Details on the terms were not disclosed.