Simon Property Group, Inc. (NYSE:SPG) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus is “Hold”: Twelve of 18 brokerages rate Simon Property Group neutral, while six recommend buying; the average 12-month price target is approximately $225.27.
• Quarterly results were mixed: The REIT reported $1.49 in EPS, below the $1.64 consensus estimate, but revenue rose 19.5% year over year to $1.79 billion. Management set fiscal 2026 EPS guidance at $13.20–$13.30.
• Investors will receive a $2.25 quarterly dividend on September 30, equivalent to $9.00 annually and a 4.2% yield; insiders have also purchased $533,056 worth of shares over the past three months.

Shares of Simon Property Group, Inc. (NYSE:SPG - Get Free Report) have been given an average recommendation of "Hold" by the eighteen brokerages that are covering the firm, MarketBeat reports. Twelve research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $225.2667.

A number of analysts have recently issued reports on SPG shares. Morgan Stanley boosted their price objective on Simon Property Group from $205.00 to $207.00 and gave the company an "equal weight" rating in a research report on Tuesday, June 9th. UBS Group raised their target price on Simon Property Group from $199.00 to $222.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. Barclays lifted their price target on shares of Simon Property Group from $213.00 to $215.00 and gave the stock an "equal weight" rating in a research note on Monday, August 17th. Citigroup boosted their price target on shares of Simon Property Group from $205.00 to $230.00 and gave the company a "neutral" rating in a report on Monday, August 17th. Finally, Truist Financial increased their price objective on shares of Simon Property Group from $196.00 to $215.00 and gave the company a "hold" rating in a research note on Tuesday, June 23rd.

Insider Transactions at Simon Property Group

In other Simon Property Group news, Director Glyn Aeppel purchased 243 shares of the business's stock in a transaction on Tuesday, June 30th. The stock was purchased at an average price of $223.36 per share, for a total transaction of $54,276.48. Following the completion of the purchase, the director directly owned 21,067 shares in the company, valued at approximately $4,705,525.12. This trade represents a 1.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Reuben S. Leibowitz purchased 508 shares of the business's stock in a transaction on Tuesday, June 30th. The shares were acquired at an average price of $223.38 per share, with a total value of $113,477.04. Following the purchase, the director owned 55,797 shares of the company's stock, valued at approximately $12,463,933.86. This trade represents a 0.92% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have acquired 2,387 shares of company stock valued at $533,056. Corporate insiders own 8.73% of the company's stock.

Hedge Funds Weigh In On Simon Property Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Stance Capital LLC bought a new stake in Simon Property Group in the third quarter valued at $26,000. Ancora Advisors LLC bought a new position in shares of Simon Property Group during the second quarter valued at $27,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Simon Property Group in the 4th quarter valued at $29,000. Osbon Capital Management LLC acquired a new stake in shares of Simon Property Group in the 2nd quarter valued at $32,000. Finally, SHP Wealth Management bought a new stake in shares of Simon Property Group in the 4th quarter worth about $34,000. Institutional investors own 93.01% of the company's stock.

Simon Property Group Stock Down 1.0%

SPG stock opened at $212.38 on Tuesday. Simon Property Group has a twelve month low of $172.19 and a twelve month high of $238.50. The company has a market cap of $68.72 billion, a PE ratio of 14.98, a price-to-earnings-growth ratio of 2.69 and a beta of 1.30. The business's 50-day simple moving average is $223.48 and its 200 day simple moving average is $208.11. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.19.

Simon Property Group (NYSE:SPG - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.15). Simon Property Group had a net margin of 66.56% and a return on equity of 89.32%. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the firm earned $1.70 earnings per share. The company's revenue was up 19.5% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. On average, research analysts anticipate that Simon Property Group will post 13.2 earnings per share for the current year.

Simon Property Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th will be paid a $2.25 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $9.00 dividend on an annualized basis and a yield of 4.2%. Simon Property Group's payout ratio is presently 63.47%.

About Simon Property Group

Simon Property Group, Inc NYSE: SPG is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon's portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.

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