Simon Property GroupSPG
SPG
About: Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 229 properties: 134 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $739 in sales per square foot in 2024. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 11 countries.
Employees: 3,000
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 87
9% more funds holding in top 10
Funds holding in top 10: 22 [Q3] → 24 (+2) [Q4]
8% more capital invested
Capital invested by funds: $46.6B [Q3] → $50.3B (+$3.67B) [Q4]
4.8% more ownership
Funds ownership: 84.85% [Q3] → 89.65% (+4.8%) [Q4]
5% more funds holding
Funds holding: 1,111 [Q3] → 1,164 (+53) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 409 | Existing positions reduced: 409
13% less call options, than puts
Call options by funds: $296M | Put options by funds: $340M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$159
1%
upside
Avg. target
$182
16%
upside
High target
$205
30%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Scotiabank Nicholas Yulico 37% 1-year accuracy 16 / 43 met price target | 1%upside $159 | Sector Perform Maintained | 23 Apr 2025 |
Piper Sandler Alexander Goldfarb 33% 1-year accuracy 13 / 40 met price target | 30%upside $205 | Overweight Upgraded | 5 Feb 2025 |
Financial journalist opinion
Based on 16 articles about SPG published over the past 30 days
Positive
Seeking Alpha
18 hours ago
3 Once-In-A-Decade REIT Opportunities
REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunities that we are accumulating.
Positive
Zacks Investment Research
1 day ago
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Neutral
Seeking Alpha
4 days ago
Simon Property Group: Mr. Market Is Panicking Again
Simon Property Group, a top-tier mall owner with a high debt rating, is undervalued due to market panic. Simon's prime locations and conservative global strategy make it a strong investment. The current dividend yield suggests rising risk. Operations would show a very different and positive picture.
Positive
Benzinga
1 week ago
Jim Cramer: Simon Property Is A 'Terrific' Company, Says Don't Sell CarMax
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Simon Property Group, Inc. SPG calling it a “terrific” company.
Neutral
Seeking Alpha
1 week ago
Don't Put All Of Your REIT Eggs In One Basket
Reflecting on past financial losses, I emphasize the importance of diversification to mitigate risks, as exemplified by my own experience with real estate investments. I advocate for a diversified investment portfolio, including REITs, BDCs, MLPs, Preferreds, Asset Managers, and Dividend Aristocrats, to ensure sustained high cash flow. Highlighting eight high-yielding REITs in the S&P 500, I provide insights into their performance, risks, and growth potential, emphasizing the need for diversification within the REIT sector.
Positive
Seeking Alpha
1 week ago
The Perfect Storm Is Forming For REIT Outperformance
REITs have been in the doghouse for years. However, that could all be changing soon—don't miss the window. I also discuss one near-zero net debt REIT offers inflation protection, recession resistance, and deep value.
Positive
Seeking Alpha
1 week ago
Hold Simon Property If You're Sick Of The Tariff Rollercoaster
SPG is less sensitive to tariff changes due to several reasons and thus can help to stabilize your portfolio with the undergoing uncertainties. The top reasons are its domestic retail focus, diversified tenants, and relatively long-duration leases. Besides such macroscopic considerations, I also see several company-specific catalysts judging from its latest earnings report, such as strong occupancy rates and rents.
Positive
Seeking Alpha
1 week ago
Simon Property Group: Price Drop Is A Major Opportunity For Long-Term Investors
Simon Property Group remains attractive for long-term dividend investors despite recent market volatility and recently hitting a 52-week low share price of $136.34. SPG's strong fundamentals, premium malls in affluent locations, and international expansion position it for growth, with a projected 2.3% FFO growth rate in 2025. The REIT's A-rated balance sheet, robust liquidity, and conservative 62% payout ratio ensure dividend safety and flexibility amid potential economic slowdowns.
Neutral
PRNewsWire
2 weeks ago
Simon® Announces Date For Its First Quarter 2025 Earnings Release And Conference Call
INDIANAPOLIS , April 16, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its first quarter earnings release and conference call. Simon's financial and operational results for the quarter ending March 31, 2025, will be released after the market close on May 12, 2025.
Positive
Zacks Investment Research
2 weeks ago
O vs. SPG: Which Retail REIT Stock is the Smarter Buy?
In the world of retail real estate investment trusts (REITs), two names consistently dominate investor conversations: Realty Income Corporation O and Simon Property Group, Inc. SPG. Both are giants in their respective corners of the retail landscape — Realty Income with its single-tenant net lease portfolio and Simon Property with its premium mall and outlet centers.
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