Simon Property Group, Inc. (NYSE:SPG) Stock Rated "Hold" by Sell-Side Brokerages

Key Points

• Analyst consensus is “Hold” for Simon Property Group, with 13 holds, four buys, and one strong buy among 18 analysts. The average 12-month price target is $224.07, above the reported $206.78 share price.
• Simon reported quarterly revenue of $1.79 billion, exceeding expectations, but adjusted earnings of $1.49 per share missed the $1.64 consensus estimate. The company guided to fiscal 2026 EPS of $13.20–$13.30.
• The REIT declared a quarterly dividend of $2.25 per share, equivalent to $9.00 annually and a 4.4% yield. Insiders and institutional investors have also increased their holdings, with institutions owning 93.01% of shares.

Shares of Simon Property Group, Inc. (NYSE:SPG - Get Free Report) have earned a consensus rating of "Hold" from the eighteen ratings firms that are presently covering the company, MarketBeat reports. Thirteen analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $224.07.

SPG has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut shares of Simon Property Group from a "buy" rating to a "hold" rating and set a $220.00 price objective for the company. in a research report on Thursday, July 9th. Barclays lowered their price objective on Simon Property Group from $215.00 to $208.00 and set an "equal weight" rating for the company in a research note on Monday, September 28th. Weiss Ratings cut shares of Simon Property Group from a "buy (a-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Jefferies Financial Group raised Simon Property Group to a "strong-buy" rating in a report on Friday, June 26th. Finally, Mizuho lifted their price target on Simon Property Group from $211.00 to $226.00 and gave the company a "neutral" rating in a report on Thursday, August 27th.

Simon Property Group Trading Up 2.1%

Shares of SPG stock opened at $206.78 on Wednesday. Simon Property Group has a fifty-two week low of $172.19 and a fifty-two week high of $238.50. The stock has a market cap of $66.91 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 3.12 and a beta of 1.30. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.19. The firm's 50 day moving average price is $208.36 and its two-hundred day moving average price is $210.96.

Simon Property Group (NYSE:SPG - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The real estate investment trust reported $1.49 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 company had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.61 billion. During the same period last year, the business earned $1.70 earnings per share. The company's revenue for the quarter was up 19.5% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. On average, analysts anticipate that Simon Property Group will post 13.23 EPS for the current year.

Simon Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 9th were issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Wednesday, September 9th. Simon Property Group's dividend payout ratio (DPR) is 63.47%.

Insider Buying and Selling at Simon Property Group

In related news, Director Reuben Leibowitz acquired 480 shares of Simon Property Group stock in a transaction that occurred on Wednesday, September 30th. The stock was acquired at an average price of $202.78 per share, with a total value of $97,334.40. Following the completion of the acquisition, the director directly owned 56,277 shares of the company's stock, valued at $11,411,850.06. This trade represents a 0.86% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stefan Selig bought 208 shares of the stock in a transaction on Wednesday, September 30th. The shares were bought at an average cost of $202.78 per share, for a total transaction of $42,178.24. Following the purchase, the director owned 34,020 shares in the company, valued at $6,898,575.60. This trade represents a 0.62% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 1,668 shares of company stock valued at $338,237. 8.73% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Simon Property Group

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in Simon Property Group by 1.2% in the 2nd quarter. BlackRock Inc. now owns 37,269,192 shares of the real estate investment trust's stock worth $8,335,255,000 after purchasing an additional 455,543 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Simon Property Group by 2.7% during the second quarter. Wellington Management Group LLP now owns 9,390,325 shares of the real estate investment trust's stock worth $2,100,146,000 after buying an additional 242,709 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Simon Property Group by 6.1% during the first quarter. Bank of America Corp DE now owns 8,503,133 shares of the real estate investment trust's stock worth $1,586,089,000 after buying an additional 491,519 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Simon Property Group by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 4,606,481 shares of the real estate investment trust's stock worth $859,209,000 after buying an additional 105,524 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Simon Property Group by 13,579.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,604,590 shares of the real estate investment trust's stock valued at $806,167,000 after acquiring an additional 3,578,240 shares during the period. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Simon Property Group Company Profile

Simon Property Group, Inc is a self-administered and self-managed real estate investment trust that owns, develops, and operates premier shopping, dining, entertainment, and mixed-use destinations. Its portfolio includes regional malls, premium outlet centers, and other retail properties designed to serve both local shoppers and visitors.

The company's properties feature a broad mix of retailers, restaurants, entertainment venues, and experiential offerings. Simon also provides property management, leasing, development, redevelopment, and marketing services associated with its real estate portfolio.

Simon Property Group was formed in 1993 through the combination of the retail real estate interests of the Simon and DeBartolo families.

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