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

Company Overview

Simon Property Group is a leading global real estate investment trust (REIT) specializing in the ownership, development and management of premier retail real estate. The company’s portfolio encompasses regional malls, premium outlet centers, The Mills® properties and community/lifestyle centers, offering a diversified mix of shopping, dining and entertainment venues. As a fully integrated owner-operator, Simon Property Group oversees leasing, marketing, property management and capital improvements to enhance tenant performance and consumer experience.

Established in 1960 by Melvin Simon and Herbert Simon, the company grew through strategic acquisitions and development projects, ultimately completing its initial public offering in 1993. Headquartered in Indianapolis, Indiana, Simon Property Group has expanded its footprint across the United States and into key international markets, including Canada, Europe and Asia. Its global platform allows the company to partner with leading national and international retailers and adapt to evolving consumer preferences, from flagship department stores to specialty and experiential brands.

Simon Property Group’s management team is led by Chairman and Chief Executive Officer David E. Simon, who has overseen the company’s continued growth and diversification. Under his leadership, the firm has pursued selective development opportunities and joint ventures, broadened its digital and omnichannel capabilities, and maintained a focus on community engagement and sustainability initiatives. Through its integrated operating model and industry expertise, Simon Property Group aims to deliver long-term value for tenants, shoppers and investors alike.

Key Stats

• Today's Range: $180.37 to $181.68
• 50-Day Range: $159.95 to $180.95
• 52-Week Range: $136.34 to $190.13
• Volume: 219,118 shs
• Average Volume: 1.62 million shs
• Market Capitalization: $59.21 billion
• P/E Ratio: 28.10
• Dividend Yield: 4.63%
• Price Target: $184.91
• Consensus Rating: Hold

Simon Property Group Stock Analysis - MarketRank™

Simon Property Group scored higher than 86% of companies evaluated by MarketBeat, and ranked 240th out of 928 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Simon Property Group has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 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: 1.9 / 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 27.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 271.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Simon Property Group is 27.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 230.36.

Price to Earnings Growth Ratio

Simon Property Group has a PEG Ratio of 10.94. 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 20.91. 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

1.49% 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 3.2, 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 6.15%, 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 4.65%, 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 129.83%. 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

1.49% 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 3.2, 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 6.15%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.11

News Sentiment

Simon Property Group has a news sentiment score of 1.11. 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 0.96 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 37 news articles for Simon Property Group this week, compared to 25 articles on an average week.

Search Interest

Only 10 people have searched for SPG on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.

MarketBeat Follows

Only 9 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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 $387,271.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 8.60% 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 on January 1st, 2025. Since then, SPG shares have increased by 4.4% and is now trading at $179.8420.

How were Simon Property Group's earnings last quarter?

Simon Property Group, Inc. (NYSE:SPG) issued its quarterly earnings data on Monday, August, 4th. The real estate investment trust reported $3.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.04 by $0.01. The firm's quarterly revenue was up 13.9% on a year-over-year basis.
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 buyback plan on Thursday, February 8th 2024, which authorizes the company to repurchase $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 4.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

Who are Simon Property Group's major shareholders?

Top institutional investors of Simon Property Group include Vanguard Group Inc. (14.04%), State Street Corp (6.57%), Geode Capital Management LLC (2.94%) and Norges Bank (2.00%). 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

• Record date for 6/30 Dividend: 6/09/2025
• Ex-Dividend for 6/30 Dividend: 6/09/2025
• Dividend Payable: 6/30/2025
• Last Earnings: 8/04/2025
• Today: 9/04/2025
• Record date for 9/30 Dividend: 9/09/2025
• Ex-Dividend for 9/30 Dividend: 9/09/2025
• Dividend Payable: 9/30/2025
• Next Earnings (Estimated): 11/07/2025
• 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: $184.91
• High Price Target: $225.00
• Low Price Target: $169.00
• Potential Upside/Downside: +2.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.36
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.47
• Trailing P/E Ratio: 27.80
• Forward P/E Ratio: 14.34
• P/E Growth: 10.94
• Net Income: $2.37 billion
• Net Margins: 36.78%
• Pretax Margin: 34.56%
• Return on Equity: 72.38%
• Return on Assets: 6.75%

Debt

• Debt-to-Equity Ratio: 9.05
• Current Ratio: 1.23
• Quick Ratio: 1.23

Sales & Book Value

• Annual Sales: $5.96 billion
• Price / Sales: 9.85
• Cash Flow: $11.87 per share
• Price / Cash Flow: 15.15
• Book Value: $8.60 per share
• Price / Book: 20.91

Miscellaneous

• Outstanding Shares: 326,490,000
• Free Float: 298,415,000
• Market Cap: $58.72 billion
• Optionable: Optionable
• Beta: 1.50