Simon Property Group
SPG
Market cap $54B

165.46 USD

-2.62

1.56%

At close Jul 30, 4:00 PM EDT

After hours

164.11

-1.35

0.82%

1 day

-1.56%

5 days

0.07%

1 month

2.92%

3 months

5.13%

6 months

-5.88%

Year to date

-4.65%

1 year

6.88%

5 years

160.08%

10 years

-11.11%

About: Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 232 properties: 134 traditional malls, 73 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $733 in sales per square foot over the trailing 12 months. 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

Real Estate Retail REIT

0

Funds holding %

of 7,323 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

22% more first-time investments, than exits

New positions opened: 111 | Existing positions closed: 91

18% more repeat investments, than reductions

Existing positions increased: 464 | Existing positions reduced: 393

16% more call options, than puts

Call options by funds: $357M | Put options by funds: $307M

0% more funds holding

Funds holding: 1,170 [Q4 2024] → 1,171 (+1) [Q1 2025]

2.26% less ownership

Funds ownership: 89.71% [Q4 2024] → 87.46% (-2.26%) [Q1 2025]

6% less capital invested

Capital invested by funds: $50.3B [Q4 2024] → $47.4B (-$2.97B) [Q1 2025]

29% less funds holding in top 10

Funds holding in top 10: 24 [Q4 2024] → 17 (-7) [Q1 2025]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$163

1%

downside

Avg. target

$184

11%

upside

High target

$225

36%

upside

7 analyst ratings

3 positive

43%

4 neutral

57%

0 negative

0%

Ladenburg Thalmann Destiny Hance	36%upside $225	Buy Initiated	18 Jul 2025
Barclays Richard Hightower	3%upside $170	Equal-Weight Initiated	2 Jul 2025
Scotiabank Nicholas Yulico	1%downside $163	Sector Perform Maintained	17 Jun 2025
Mizuho Vikram Malhorta	2%upside $169	Neutral Maintained	10 Jun 2025
Piper Sandler Alexander Goldfarb	21%upside $200	Overweight Maintained	23 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 15 articles about SPG published over the past 30 days

Buy 9 Barron's Better Bets (Than T-Bills) From 16 'Safer' July DiviDogs

Nine of the top sixteen Barron's Better Bets 'Safer' dividend dogs are attractively priced, offering dividends from $1K invested exceeding their share price. Analyst projections suggest 18-29% net gains for the top ten BBB Dogs by July 2026, with average risk 20% below the market. The dogcatcher strategy prioritizes stocks with high, reliable dividends and fair pricing, favoring underdogs poised for price corrections or dividend increases.

Buy 9 Barron's Better Bets (Than T-Bills) From 16 'Safer' July DiviDogs

Zacks Investment Research

Stay Ahead of the Game With Simon Property (SPG) Q2 Earnings: Wall Street's Insights on Key Metrics

Beyond analysts' top-and-bottom-line estimates for Simon Property (SPG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.

Stay Ahead of the Game With Simon Property (SPG) Q2 Earnings: Wall Street's Insights on Key Metrics

Zacks Investment Research

Here's What to Expect From Simon Property This Earnings Season

While SPG is poised to benefit from the healthy demand for retail assets in the second quarter, high interest expenses are likely to have acted as a spoilsport.

Here's What to Expect From Simon Property This Earnings Season

Simon Property Group: A Great REIT At The Wrong Price

Simon Property Group is a high-quality, well-managed REIT, but current valuation limits upside due to rising interest rates and muted earnings growth. Recent dividend growth was driven by a post-pandemic recovery and payout normalization, and is unlikely to continue at the same pace going forward. At current prices, SPG offers a projected total return below 10%, making it less attractive versus other REITs trading at depressed valuations.

Simon Property Group: A Great REIT At The Wrong Price

Why I Won't Buy REIT ETFs

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Why I Won't Buy REIT ETFs

Double-Checking The Credit Rating (Part 6): Simon Property Group

Simon Property Group is a stable, large-cap REIT with strong assets but moderate risk due to high debt and low coverage ratios. After detailed analysis and market adjustments, I assign SPG a Baa3 investment-grade credit rating, reflecting its financial health and risk profile. SPG's preferred stock (SPG.PR.J) is currently overvalued; I do not recommend buying unless the price drops below $52 for a better yield to call.

Double-Checking The Credit Rating (Part 6): Simon Property Group

Simon Property Group Still One Of My Favorite REITs As Malls Are Strong

Simon Property Group (SPG) offers a compelling value, with a 5%+ dividend yield, strong occupancy, and resilient Class-A mall assets. SPG's fundamentals remain robust: rising base rents, high occupancy, and solid FFO/dividend coverage, despite recent share price weakness. Rate cuts are a major catalyst—lower borrowing costs should boost margins, property values, and capital flows back to REITs like SPG.

Simon Property Group Still One Of My Favorite REITs As Malls Are Strong

The Motley Fool

Better Dividend Stock: Simon Property Group vs. Federal Realty Investment Trust

Real estate investment trusts (REITs) often make great dividend stocks. They tend to generate stable rental income, which enables them to pay attractive dividends and invest in expanding their portfolios.

Better Dividend Stock: Simon Property Group vs. Federal Realty Investment Trust

Company insiders now are bearish to the extreme — but they're upbeat on these 11 stocks

Overall, executives and directors are down on 10 S&P 500 sectors — and positive about just this one.

Company insiders now are bearish to the extreme — but they're upbeat on these 11 stocks

Zacks Investment Research

These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar

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