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

Key Points

• Analysts have a consensus “Hold” rating on Simon Property Group, with 11 holds, four buys and one strong buy among 16 firms. The average 12-month price target is $216.14.
• Simon reported quarterly EPS of $1.48, slightly above estimates, while revenue reached $1.76 billion, up 19.3% year over year. The company issued fiscal 2026 EPS guidance of $13.10–$13.25.
• The REIT increased its quarterly dividend to $2.25 per share, or $9.00 annually, representing a 4.1% yield and a 62.54% payout ratio.

Simon Property Group, Inc. (NYSE:SPG - Get Free Report) has earned a consensus rating of "Hold" from the sixteen research firms that are currently covering the firm, Marketbeat reports. Eleven investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $216.1429.

A number of research analysts recently issued reports on the company. Bank of America lifted their target price on Simon Property Group from $225.00 to $236.00 and gave the company a "buy" rating in a report on Monday, June 29th. Citigroup upped their price target on Simon Property Group from $189.00 to $205.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. Jefferies Financial Group raised Simon Property Group to a "strong-buy" rating in a research report on Friday, June 26th. Morgan Stanley lifted their price objective on Simon Property Group from $205.00 to $207.00 and gave the company an "equal weight" rating in a research note on Tuesday, June 9th. Finally, Weiss Ratings raised Simon Property Group from a "buy (b)" rating to a "buy (b+)" rating in a research report on Tuesday, July 14th.

Simon Property Group Price Performance

Shares of SPG opened at $221.57 on Friday. The company has a market cap of $71.85 billion, a P/E ratio of 15.40, a PEG ratio of 2.91 and a beta of 1.30. Simon Property Group has a fifty-two week low of $163.29 and a fifty-two week high of $238.50. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The firm's 50 day moving average price is $220.44 and its 200 day moving average price is $204.58.

Simon Property Group (NYSE:SPG - Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 EPS for the quarter, beating the consensus estimate of $1.46 by $0.02. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The company had revenue of $1.76 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same quarter last year, the company posted $2.95 EPS. The firm's revenue was up 19.3% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. On average, research analysts forecast that Simon Property Group will post 13.21 earnings per share for the current fiscal year.

Simon Property Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were paid a $2.25 dividend. This is an increase from Simon Property Group's previous quarterly dividend of $2.20. This represents a $9.00 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, June 9th. Simon Property Group's payout ratio is presently 62.54%.

Insider Buying and Selling

In other news, Director Reuben S. Leibowitz purchased 508 shares of the stock in a transaction on Tuesday, June 30th. The stock was bought at an average price of $223.38 per share, for a total transaction of $113,477.04. Following the acquisition, the director directly owned 55,797 shares of the company's stock, valued at approximately $12,463,933.86. The trade was a 0.92% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Daniel C. Smith acquired 372 shares of the company's stock in a transaction on Tuesday, June 30th. The stock was purchased at an average cost of $223.31 per share, for a total transaction of $83,071.32. Following the completion of the transaction, the director owned 34,480 shares in the company, valued at approximately $7,699,728.80. The trade was a 1.09% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 2,387 shares of company stock valued at $533,056 over the last ninety days. 8.73% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Simon Property Group

Several large investors have recently bought and sold shares of SPG. Stance Capital LLC acquired a new position in shares of Simon Property Group during the 3rd quarter worth about $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Simon Property Group during the 4th quarter worth about $29,000. SHP Wealth Management acquired a new stake in shares of Simon Property Group during the 4th quarter worth about $34,000. Dynamic Wealth Strategies LLC raised its position in shares of Simon Property Group by 195.8% during the 1st quarter. Dynamic Wealth Strategies LLC now owns 210 shares of the real estate investment trust's stock worth $39,000 after acquiring an additional 139 shares in the last quarter. Finally, N.E.W. Advisory Services LLC lifted its stake in Simon Property Group by 335.0% during the second quarter. N.E.W. Advisory Services LLC now owns 174 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 93.01% of the company's stock.

Simon Property Group Company Profile

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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