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

Key Points

• Analysts give Simon Property Group (NYSE: SPG) a consensus rating of "Hold" from 15 firms (10 hold, 5 buy) with an average 12‑month price target of about $200.14.
• Management authorized a $2.0 billion share buyback (≈3.1% of shares) and the REIT pays a quarterly dividend of $2.20 ($8.80 annualized) for a yield of ~4.3% and a payout ratio of 62.06%.
• Recent quarter: EPS $3.49, beating estimates by $0.02, revenue $1.79B (up 13.2% YoY); management set FY2026 EPS guidance of 13.00–13.25, in line with analyst consensus of ~13.19.

Shares of Simon Property Group, Inc. (NYSE:SPG - Get Free Report) have earned an average recommendation of "Hold" from the fifteen research firms that are currently covering the firm, MarketBeat Ratings reports. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $200.1429.

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Simon Property Group from $198.00 to $210.00 and gave the company a "neutral" rating in a research note on Friday, February 6th. Citigroup increased their price target on Simon Property Group from $185.00 to $189.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Weiss Ratings reissued a "buy (b)" rating on shares of Simon Property Group in a research note on Wednesday, April 8th. Stifel Nicolaus increased their price target on Simon Property Group from $184.00 to $185.00 and gave the company a "hold" rating in a research note on Tuesday, February 3rd. Finally, Evercore increased their price objective on shares of Simon Property Group from $188.00 to $198.00 and gave the stock an "in-line" rating in a research report on Tuesday, February 3rd.

Institutional Investors Weigh In On Simon Property Group

Several large investors have recently modified their holdings of the company. Abel Hall LLC acquired a new stake in shares of Simon Property Group during the first quarter worth $230,000. Bogart Wealth LLC grew its stake in Simon Property Group by 1.5% during the first quarter. Bogart Wealth LLC now owns 46,264 shares of the real estate investment trust's stock worth $8,630,000 after purchasing an additional 682 shares during the period. DGS Capital Management LLC acquired a new stake in Simon Property Group during the first quarter worth approximately $205,000. Ascentis Independent Advisors grew its stake in Simon Property Group by 45.7% during the first quarter. Ascentis Independent Advisors now owns 9,471 shares of the real estate investment trust's stock worth $1,767,000 after purchasing an additional 2,971 shares during the period. Finally, QRG Capital Management Inc. grew its stake in Simon Property Group by 2.2% during the first quarter. QRG Capital Management Inc. now owns 122,633 shares of the real estate investment trust's stock worth $22,875,000 after purchasing an additional 2,670 shares during the period. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Simon Property Group Trading Up 0.8%

Shares of NYSE SPG opened at $202.96 on Wednesday. The company has a debt-to-equity ratio of 4.42, a quick ratio of 0.90 and a current ratio of 0.90. Simon Property Group has a 52-week low of $153.16 and a 52-week high of $208.28. The firm has a 50 day moving average price of $195.09 and a two-hundred day moving average price of $188.26. The stock has a market cap of $65.95 billion, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 6.62 and a beta of 1.37.

Simon Property Group (NYSE:SPG - Get Free Report) last announced its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.02. Simon Property Group had a net margin of 72.71% and a return on equity of 124.12%. The firm had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the prior year, the company posted $3.68 EPS. The company's revenue was up 13.2% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. As a group, equities analysts forecast that Simon Property Group will post 13.19 EPS for the current year.

Simon Property Group announced that its board has authorized a stock buyback program on Thursday, February 5th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the real estate investment trust to repurchase up to 3.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Simon Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th were given a dividend of $2.20 per share. The ex-dividend date was Tuesday, March 10th. This represents a $8.80 annualized dividend and a dividend yield of 4.3%. Simon Property Group's dividend payout ratio is 62.06%.

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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