Simon Property (SPG) Stock Analysis & Forecast

Simon Property Group, Inc. Finance sector. Market cap $66.58B.

$205.32+0.85 (+0.4%)

Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.

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Gekko Brief

AI summary

Simon Property closes at $205.32, up 0.4%, with the price sitting between its 50-day average of $219.16 and 200-day average of $202.78. The GekkoIndex reads 70.1, placing the stock in the Buying zone, while Gekko Fair Value stands at $230.76, leaving a gap of -11%. Over the past month the shares are down 8%, though the one-year return remains positive at 13.1%.

Coverage this week centers on leasing momentum and analyst positioning. Simon Property presented at the BofA NY Global Real Estate Conference, with reports citing strong leasing demand, including over 2,300 new leases signed in the first half of the year and a 17% increase in new-deal rents. Analyst actions were mixed: Argus raised its price target to $230 from $210 while keeping a Buy rating, Scotiabank trimmed its target to $221 from $222 with a Sector Perform rating, and JPMorgan cut its target to $223 from $231 while maintaining a Neutral rating. Institutional activity also featured, with Corient Private Wealth LP increasing its stake by 64.3% and Bank of America Corp DE trimming its position by 3.0%, a sale valued near $1.84 billion.

Looking ahead, the next earnings date falls on 2 November 2026, 43 days away and outside a typical 20-trading-day hold; the prior print on 10 August 2026 beat estimates ($3.29 versus $3.18) with a -1.5% reaction. In the last 90 days, one open-market insider purchase totaling $70,066 was recorded. Seasonally, the next 20 trading days have averaged +2.4% over five years, rising in 2 of those years.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $205.32200-day averageGekko Fair Value $230.76

Key stats

Market cap
$66.58B
P/E ratio
14.4
Forward P/E
30.5
EPS, TTM
$14.17
Revenue, TTM
$6.94B
Profit margin
66.6%
Dividend yield
4.34%
Beta
1.31
Volume
3.01M avg 1.29M
1-year return
+13.1%
Typical daily move
±1.7%
Typical 20-day move
±5.1%
50-day average
$219.16
200-day average
$202.78
Next earnings
Nov 2 after close
Shares outstanding
323.6M
52-week range
$172.19$238.50

Simon Property swing-trade checklist

Simon Property scores 4 supportive, 2 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $205.32 sits between the 50-day ($219.16) and 200-day ($202.78) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    70.1, Buying

    Reading 70.1 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    11.0% below

    Price is 11% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase.

    See smart money
  • Earnings risksupportive

    Reports in 43 days

    Next report Nov 2, 2026, 43 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +2.4% on average

    From this point in the calendar, the next 20 trading days averaged +2.4% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Simon Property stock chart and price history

Simon Property closed at $205.32 on Sep 18, 2026, +13.1% over the past year, inside a 52-week range of $172.19 to $238.50.

5Y and weekly in Gekko
Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−8.0%
3 months
−2.8%
6 months
+7.3%
1 year
+13.1%
The full SPG chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open SPG in Gekko

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About Simon Property

Simon Property owns and develops a collection of properties built around shopping, dining, entertainment, and mixed-use spaces. These destinations bring together retail, food, and leisure offerings under one roof, and they draw large numbers of visitors on a daily basis. The company is recognized as part of the S&P 100, a grouping of sizeable publicly traded firms.

As a real estate investment trust, Simon Property earns its income by owning and developing these properties rather than through manufacturing or direct retail sales itself. Its portfolio serves as a gathering point for the communities around each location, and the scale of visitor activity across its properties contributes billions of dollars in revenue each year. The company's holdings are not limited to one region, spanning locations across North America, Europe, and Asia, which brings it into contact with a wide range of shoppers, diners, and visitors in different markets.

Simon Property's shares are listed on the NYSE under the ticker SPG.

Sector
Finance
Website
simon.com

Simon Property GekkoIndex: the smart money zone

Simon Property’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 70.1, in the Buying zone, down 0.1 points over five sessions.

010070.1Buying

Down 0.1 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)15+1.2%+3.4%+1.1%+5.0%
Accumulation137+0.1%+0.4%+2.5%+4.5%
Neutral442+0.3%+0.7%+1.3%+4.0%
Distribution21−0.3%−0.5%−2.9%−3.3%
Selling0Not available

Average SPG share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the SPG price, zone by zone.Track SPG in Gekko

Is Simon Property stock overvalued? Gekko Fair Value

Simon Property trades 11.0% below Gekko Fair Value of $230.76, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Simon Property shares are worth, recalculated every trading day.

$230.76

Gekko Fair Value, Sep 19, 2026

11.0% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open SPG in Gekko

Simon Property insider and Congress trading

Insiders filed 1 open-market purchase in Simon Property worth $70K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$70Kin 1 open-market purchase

FiledInsiderTypeSharesValue
Jul 1Daniel C. Smith
Director		Purchase314$70K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in SPG were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for SPG, plotted on the chart in Gekko.Open SPG in Gekko

Buybacks

Simon Property has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$169.5M
As a share of market cap
0.25%
Trailing four quarters
$578.3M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds SPG.

0added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Simon Property earnings: next date and track record

Simon Property reports on Nov 2, 2026, after the close (43 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±2.5%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+1.8%Nov ’24+3.3%Feb ’25−1.4%May ’25+5.4%Aug ’25+3.9%Nov ’25−1.0%Feb ’26+1.8%May ’26−1.5%Aug ’26

Last earnings call, Aug 10, 2026 AI summary

What they said
Simon Property Group reported strong second-quarter 2026 results with accelerated domestic property NOI growth of 8.5% and real estate FFO growth of 7.9%. Shopper traffic and retailer sales increased meaningfully (malls and Premium Outlets sales $838/sq ft, up 13.9%; total sales volume +7.6% in the quarter), and leasing demand remained robust (over 1,200 leases, 4.8 million sq ft, new deals up >20%). Occupancy remained high (96% for malls/outlets, 98.8% for the Mills) despite absorption of roughly 1 million sq ft of bankruptcy-returned space (primarily Saks Off Fifth). Management highlighted strong pipeline activity, reinvestment and development ($1B in ground, $600M+ expected approvals), continued focus on capital allocation (dividend increase to $2.25/share, ~$793k shares repurchased in Q2), and strategic initiatives including Simon Media Network and Simon Brand Ventures. The company acknowledged headwinds from higher interest expense and maturities, but emphasized balance-sheet flexibility and multiple avenues for growth (retenanting, development, media/advertising, international and TRG acquisition execution).
Guidance
Declared Q3 dividend of $2.25 per share (up $0.10 or 4.7% YoY). Management reiterated prior guidance that interest expense will be a headwind for the year (initial guidance $0.25 to $0.30 of negative impact; about $0.10 realized to date with ~$0.20 remaining under current market rates). Management stated their full-year guidance assumes some moderation in sales growth (conservative posture) and that if current strong sales trends continue, they would expect to be above the guidance range. No new numeric revenue/FFO guidance was provided on the call beyond dividend and interest expense commentary.
Risks flagged
Risks discussed include higher interest rates and interest expense headwinds, upcoming debt maturities (notably ~$4.5B unsecured due in 2H '27), macro/political uncertainty (e.g., elections), potential sales slowdown (sales-based/overage rent sensitivity), tenant credit and bankruptcy risk (Saks Off Fifth example), variability in international/inbound tourism (affecting outlet performance), restaurant category softness, and reliance on execution of development and leasing pipelines.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 10, 2026$3.29
est $3.18		+3.5%$1.66B
est $1.61B		+3.0%−1.5%
May 11, 2026$1.22
est $1.49		−18.1%$1.76B
est $1.54B		+13.9%+1.8%
Feb 2, 2026$3.49
est $3.47		+0.6%$1.79B
est $1.49B		+20.0%−1.0%
Nov 3, 2025$3.22
est $3.09		+4.2%$1.60B
est $1.50B		+6.5%+3.9%
Aug 4, 2025$3.05
est $3.04		+0.3%$1.50B
est $1.42B		+5.2%+5.4%
May 12, 2025$2.95
est $2.91		+1.4%$1.47B
est $1.34B		+9.6%−1.4%
Feb 4, 2025$1.79
est $1.85		−3.2%$1.58B
est $1.33B		+19.2%+3.3%
Nov 1, 2024$1.46
est $1.53		−4.6%$1.48B
est $1.33B		+11.7%+1.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Simon Property stock forecast and analyst price targets

Analysts’ average 12-month price target for Simon Property is $235.00, +14.5% from the last close, from 17 firms rating the stock in the last 90 days.

$235.00consensus 12-month target, +14.5% from the last close
Low $207High $285
Buy4
Hold13
Sell0

Each firm’s latest rating in the last 90 days: 17 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 17ScotiabankHold, maintained$221+7.6%
Sep 14Evercore ISIHold, maintained$219+6.7%
Sep 14J.P. MorganHold, maintained$223+8.6%
Aug 27Mizuho SecuritiesHold, maintained$226+10.1%
Aug 27Piper SandlerBuy, maintained$285+38.8%
+1.1%average 20-day move after past Buying readings
+2.4%average move over the next 20 trading days in the last 5 years
±1.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Simon Property seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Simon Property averaged +2.4% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+11.6%2021−1.1%2022−3.6%2023+4.4%2024−1.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.7%3 of 5
Next 10 trading days−2.3%3 of 5
Next 15 trading days−2.5%2 of 5
Next 20 trading days+2.4%2 of 5
Next 30 trading days+4.4%3 of 5

For scale, SPG’s typical 20-trading-day move in either direction is about 5.1%.

Simon Property market cap and key statistics

Simon Property’s market cap is $66.58B, with a P/E ratio of 14.4 and revenue of $6.94B over the last twelve months.

Valuation

Market cap
$66.58B
P/E ratio
14.4
Forward P/E
30.5
EPS, TTM
$14.17
Gekko Fair Value
$230.76

Trading

Volume
3.01M
Avg volume, 20 days
1.29M
52-week high
$238.50
52-week low
$172.19
Shares outstanding
323.6M

Financials

Revenue, TTM
$6.94B
Profit margin
66.6%
Return on equity
120.5%
Quarterly earnings growth, YoY
−12.5%

Risk and income

Beta
1.31
Typical daily move
±1.7%
Typical 20-day move
±5.1%
Dividend yield
4.34%

Simon Property stock news this week

Coverage of Simon Property this week reads positive: 3 positive, 3 neutral and 1 negative headlines.

News sentiment positive

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Simon Property stock FAQ

What is Simon Property’s market cap?

Simon Property’s market cap is $66.58B at the Sep 18, 2026 close of $205.32, with 323.6M shares outstanding. The shares trade on a P/E ratio of 14.4.

What is the Simon Property stock forecast?

The consensus analyst 12-month price target for Simon Property is $235.00, +14.5% from the last close. Of the 17 firms that rated the stock in the last 90 days, 4 rate it a buy, 13 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Simon Property stock overvalued or undervalued?

On Gekko’s estimate Simon Property is undervalued: the Sep 18, 2026 close of $205.32 is 11.0% below Gekko Fair Value of $230.76. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Simon Property report earnings next?

Simon Property is expected to report on Nov 2, 2026, after the market closes (43 days away). Analysts expect earnings of $1.68 per share on revenue of $1.63B. Simon Property beat the earnings estimate in 5 of its last 8 reports, moving 2.5% on average across the report.

What is Simon Property’s 52-week high and low?

Simon Property’s 52-week high is $238.50 and its 52-week low is $172.19; it closed at $205.32 on Sep 18, 2026, +13.1% over the past year.

Is Simon Property stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

Built and overseen by Jared Mann

Founder of Gekko.app. Jared has traded stocks and ETFs for more than 20 years and has a financial industry background.

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