Simon Property Group, Inc. (SPG) fair value analysis
S&P 500 · Updated 2026-10-19
SPG price how computed
Valuation status
No P/E-based verdictSPG: P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
The price, fundamentals and dividend data below are unaffected.
- Last price
- $199.42
- Sector
- Real Estate
- 12-month range
- $173.35–$236.70
- Market cap
- $78B
- From 52-week high
- -15.7%
- Shares outstanding
- 391M
- Rank in Real Estate by quality score
- #16 of 45
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Simon Property Group, Inc. is a real estate investment trust that owns and operates shopping malls, outlet centers, and other retail properties. The company's portfolio spans across the United States and includes properties in several international markets.
SPG currently ranks #16 of 45 Real Estate stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $78B
- P/E (trailing)
- 28x
- Revenue (TTM)
- $6.94B
- Net margin
- 66.4%
- EPS (TTM)
- $7.15
- Gross margin
- 83.1%
- Debt / equity
- 6.64
- Revenue growth (3-yr avg)
- 9.0%
- Shares outstanding
- 391M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Expanding
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 57 · neutral
- 50-day average
- $209.26
- 200-day average
- $204.59
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $8.90 per share (4 payments)
- Yield on last price
- 4.46%
- Consecutive years of increases
- 4
- Last ex-dividend date
- 2026-09-09
- Last payment date
- 2026-09-30
Earnings how computed
- Next earnings report
- 2026-11-05 (post-market)
- Last 8 quarters vs consensus
- 2 beat, 6 missed
- Quarter by quarter
- 2026-06 ▲ beat (+3.5%)
2026-03 ▼ miss (-18.1%)
2025-12 ▼ miss (-47.2%)
2025-09 ▼ miss (-4.8%)
2025-06 ▼ miss (-15.5%)
2025-03 ▲ beat (+0.7%)
2024-12 ▼ miss (-3.2%)
2024-09 ▼ miss (-4.6%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 6 buy · 14 hold · 0 sell (20 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $229
- Target vs last price
- +14.8%
What our data shows for SPG
- Shares are trading in the middle of their 12-month price range of $173.35–$236.70.
- The 14-day relative strength index sits at a neutral 57.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- SPG's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent SPG news
TickrTrends' derived news-sentiment signal for SPG is currently leaning positive, computed from recent coverage.
- SPG Maintained by Piper Sandler -- Price Target Lowered to $254 (gurufocus.com, 2026-10-12)
- Jim Cramer Makes His Position Clear on Simon Property Group (SPG) (insidermonkey.com, 2026-10-07)
- Simon Property Group: Redemption Risk For SPG.PR.J (NYSE:SPG) (seekingalpha.com, 2026-09-27)
TickrTrends take: Simon Property Group's preferred shares face redemption risk, a factor that valuation-focused investors should monitor given TickrTrends' assessment that SPG shares are currently overvalued. For real estate companies like SPG, redemption activity on preferred securities can signal management's capital allocation priorities and may reflect changing interest rate environments that affect the cost of preferred financing. Investors evaluating SPG's valuation should consider how potential redemptions might impact the company's capital structure and overall cost of capital in the near term.
What people are saying
Follow the SPG conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — TickrTrends' derived indicators for SPG shifted this week as the valuation verdict changed from Overvalued to no P/E-based verdict, reflecting the company's classification as a real estate investment trust. This change in assessment approach aligns with the different valuation methodologies typically applied to REITs compared to traditional equities.
- 2026-09-28 — SPG's Relative Strength Index moved from oversold territory into neutral zone this week, indicating a shift in momentum conditions for the Real Estate sector company. The stock remains valued at overvalued levels according to TickrTrends' derived indicators, despite the technical improvement reflected in the RSI movement.
- 2026-09-21 — SPG's relative strength index moved from neutral territory into oversold zone this week, suggesting the stock has experienced significant downward pressure in recent trading sessions. The real estate sector holding maintains an overvalued status according to TickrTrends' current valuation assessment.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is SPG stock undervalued?
TickrTrends publishes no fair-value verdict for SPG. P/E-based fair value does not apply to REITs; their earnings are reported net of depreciation.
What is SPG's TickrTrends verdict?
SPG is a REIT, so it is marked 'No P/E-based verdict'. Its price, fundamentals and dividend data are still shown and refreshed with every run.
How does SPG compare to other Real Estate stocks?
SPG ranks #16 of 45 Real Estate stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is SPG overbought or oversold?
SPG's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does SPG pay a dividend?
Yes. SPG paid $8.90 per share over the last twelve months (4 payments), a 4.46% yield on TickrTrends' last price, and has raised the annual total for 4 consecutive years. The last ex-dividend date was 2026-09-09.
When does SPG report earnings next?
SPG's next earnings report is scheduled for 2026-11-05 (post-market), per the published earnings calendar.
Does SPG usually beat earnings estimates?
Over its last 8 reported quarters SPG beat the consensus estimate 2 times and missed 6 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about SPG?
Of 20 analysts covering SPG, 6 rate it a buy, 14 a hold and 0 a sell - hold-leaning, with a consensus price target of $229 (+14.8% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.