Simon Property Group (SPG) Stock Price, News & Analysis

Company Overview

Simon Property Group, Inc. is a leading real estate investment trust specializing in the ownership, development and management of premier retail and mixed-use properties. As the largest shopping mall operator in the United States by gross leasable area, the company’s portfolio comprises regional malls, premium outlet centers and community shopping destinations. Simon Property Group also holds strategic interests in destination retail properties in Europe, Asia and Latin America, extending its footprint beyond North America.

The company’s flagship offerings include Class A enclosed shopping malls featuring high-end and lifestyle brands, as well as open-air premium outlets that cater to value-conscious consumers. Simon Property Group’s mixed-use developments combine retail, office, hospitality and residential components to create vibrant, walkable environments. Its properties often serve as community hubs where dining, entertainment and events complement the traditional retail experience.

Founded in 1960 as Melvin Simon & Associates and restructured as Simon Property Group in 1993, the company has grown through a combination of development projects, strategic acquisitions and joint ventures. Headquartered in Indianapolis, Simon Property Group is led by David Simon, who has served as Chairman, President and Chief Executive Officer since 1995. Under his leadership, the firm has pursued disciplined investment strategies and capital redeployment to strengthen its competitive position.

Simon Property Group is committed to enhancing asset performance through active property management, retail analytics and experiential programming. The company works closely with national and international retailers to curate tenant mixes that respond to evolving consumer trends. Additionally, Simon Property Group emphasizes sustainability initiatives, digital innovation and community engagement in its efforts to deliver long-term value to investors, tenants and local markets.

Key Stats

• Today's Range: $162.05 to $163.81
• 50-Day Range: $156.67 to $171.81
• 52-Week Range: $136.34 to $190.14
• Volume: 949,875 shs
• Average Volume: 1.55 million shs
• Market Capitalization: $53.11 billion
• P/E Ratio: 25.91
• Dividend Yield: 5.16%
• Price Target: $182.73
• Consensus Rating: Hold

Simon Property Group Stock Analysis - MarketRank™

Simon Property Group scored higher than 94% of companies evaluated by MarketBeat, and ranked 90th out of 915 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Simon Property Group has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Simon Property Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.71%

Earnings Growth

Earnings for Simon Property Group are expected to grow by 2.71% in the coming year, from $12.54 to $12.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Simon Property Group is 25.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Simon Property Group is 25.91, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.16.

Price to Earnings Growth Ratio

Simon Property Group has a PEG Ratio of 10.98. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Simon Property Group has a P/B Ratio of 16.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.43% of the float of Simon Property Group has been sold short.

Short Interest Ratio / Days to Cover

Simon Property Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Simon Property Group has recently increased by 31.07%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Simon Property Group is a leading dividend payer. It pays a dividend yield of 5.16%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Simon Property Group has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Simon Property Group is 133.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Simon Property Group will have a dividend payout ratio of 65.22% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -3.10

Percentage of Shares Shorted

1.43% of the float of Simon Property Group has been sold short.

Short Interest Ratio / Days to Cover

Simon Property Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Simon Property Group has recently increased by 31.07%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.16

News Sentiment

Simon Property Group has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Simon Property Group this week, compared to 18 articles on an average week.

Search Interest

28 people have searched for SPG on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.

MarketBeat Follows

18 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is an increase of 1,700% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Simon Property Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $380,066.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 8.66% of the stock of Simon Property Group is held by insiders.

Percentage Held by Institutions

93.01% of the stock of Simon Property Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPG Stock Analysis - Frequently Asked Questions

How have SPG shares performed this year?

Simon Property Group's stock was trading at $172.21 at the beginning of the year. Since then, SPG shares have decreased by 5.5% and is now trading at $162.70.

How were Simon Property Group's earnings last quarter?

Simon Property Group, Inc. (NYSE:SPG) posted its quarterly earnings data on Monday, May, 12th. The real estate investment trust reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.91 by $0.04. The company's quarterly revenue was up 2.1% compared to the same quarter last year.
Read the conference call transcript.

How will Simon Property Group's stock buyback program work?

Simon Property Group's Board of Directors initiated a stock repurchase plan on Thursday, February 8th 2024, which allows the company to repurchase $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 4.2% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its stock is undervalued.

Who are Simon Property Group's major shareholders?

Top institutional investors of Simon Property Group include PGGM Investments (0.24%), Public Employees Retirement System of Ohio (0.18%), Robeco Institutional Asset Management B.V. (0.15%) and Kingstone Capital Partners Texas LLC (0.12%). Insiders that own company stock include Reuben S Leibowitz, Larry C Glasscock, Larry C Glasscock, Allan B Hubbard, Karen N Horn, Daniel C Smith, Stefan M Selig, Brian J Mcdade, Glyn Aeppel, Gary M Rodkin, Marta R Stewart, Peggy Fang Roe, Randall J Lewis and Nina P Jones.
View institutional ownership trends.

How do I buy shares of Simon Property Group?

Shares of SPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Simon Property Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Simon Property Group investors own include Verizon Communications (VZ), Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 5/12/2025
• Record date for 6/30 Dividend: 6/09/2025
• Ex-Dividend for 6/30 Dividend: 6/09/2025
• Dividend Payable: 6/30/2025
• Today: 7/19/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - RETAIL
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:SPG
• CIK: 1063761
• Web: www.simon.com
• Phone: (317) 636-1600
• Fax: 317-685-7222
• Employees: 3,000
• Year Founded: 1993

Price Target and Rating

• Average Price Target for Simon Property Group: $182.73
• High Price Target: $225.00
• Low Price Target: $158.00
• Potential Upside/Downside: +12.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.45
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.28
• Trailing P/E Ratio: 25.91
• Forward P/E Ratio: 12.97
• P/E Growth: 10.98
• Net Income: $2.37 billion
• Net Margins: 35.98%
• Pretax Margin: 34.40%
• Return on Equity: 67.32%
• Return on Assets: 6.56%

Debt

• Debt-to-Equity Ratio: 8.29
• Current Ratio: 1.45
• Quick Ratio: 1.45

Sales & Book Value

• Annual Sales: $5.96 billion
• Price / Sales: 8.91
• Cash Flow: $11.91 per share
• Price / Cash Flow: 13.66
• Book Value: $9.84 per share
• Price / Book: 16.53

Miscellaneous

• Outstanding Shares: 326,420,000
• Free Float: 298,157,000
• Market Cap: $53.11 billion
• Optionable: Optionable
• Beta: 1.43