
SPG Stock Forecast & Price Target
SPG Analyst Ratings
Bulls say
Simon Property Group's positive outlook is supported by solid consumer strength, as evidenced by an increase in traffic by 1.5%, indicating sustained retail demand despite broader economic concerns. The company reported a year-over-year occupancy increase of 40 basis points to 96.0%, along with a 1.3% rise in base minimum rent per square foot to $58.70, reflecting effective leasing strategies. Furthermore, Simon's strategic holdings, including a 22% interest in Klepierre and joint ventures in premium outlets across multiple countries, enhance its global reach and diversification, positioning it favorably for growth.
Bears say
The analysis indicates a significant concern regarding Simon Property Group's performance in tourist locations, which displayed weakness compared to historical norms, primarily due to increased difficulties in border transit. Despite a modest increase in the low-end guidance for 2025 Real Estate Funds From Operations (FFO), this adjustment may not adequately address the underlying issues affecting revenue generation in high-traffic areas. Overall, the reliance on tourist activity, combined with a subdued outlook for certain properties, raises a cautionary flag about the company's future financial stability and growth prospects.
This aggregate rating is based on analysts' research of Simon Property Group and is not a guaranteed prediction by Public.com or investment advice.
SPG Analyst Forecast & Price Prediction
Start investing in SPG
Order type
Buy in
Order amount
Est. shares
0 shares