SPG icon

Simon Property Group

181.71 USD
+0.15
0.08%
At close Updated Sep 18, 10:13 AM EDT
1 day
0.08%
5 days
-1.19%
1 month
5.3%
3 months
15.67%
6 months
10.26%
Year to date
4.71%
1 year
10.56%
5 years
160.22%
10 years
-1.24%
 

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

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

35% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 91

26% more repeat investments, than reductions

Existing positions increased: 492 | Existing positions reduced: 391

1.53% more ownership

Funds ownership: 87.48% [Q1] → 89.01% (+1.53%) [Q2]

7% more call options, than puts

Call options by funds: $342M | Put options by funds: $319M

1% more funds holding

Funds holding: 1,177 [Q1] → 1,183 (+6) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 17 [Q1] → 17 (+0) [Q2]

1% less capital invested

Capital invested by funds: $47.4B [Q1] → $46.7B (-$660M) [Q2]

Research analyst outlook

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

Low target
$169
7% downside
Avg. target
$186
2% upside
High target
$225
24% upside

10 analyst ratings

positive
40%
neutral
60%
negative
0%
Piper Sandler
Alexander Goldfarb
$210
Overweight
Maintained
18 Sep 2025
Evercore ISI Group
Steve Sakwa
$187
In-Line
Downgraded
15 Sep 2025
Morgan Stanley
Ronald Kamdem
$180
Equal-Weight
Maintained
11 Sep 2025
Argus Research
Marie Ferguson
$185
Buy
Reiterated
5 Sep 2025
Scotiabank
Nicholas Yulico
$173
Sector Perform
Maintained
28 Aug 2025

Financial journalist opinion

Based on 11 articles about SPG published over the past 30 days

Positive
Zacks Investment Research
8 days ago
Simon Property Stock Rises 12.3% in Three Months: Will This Continue?
SPG rallies 12.3% in three months, fueled by premium assets, buyouts, redevelopment and strong balance sheet support.
Simon Property Stock Rises 12.3% in Three Months: Will This Continue?
Neutral
Seeking Alpha
8 days ago
Simon Property Group, Inc. (SPG) Presents At BofA Securities 2025 Global Real Estate Conference (Transcript)
Simon Property Group, Inc. (NYSE:SPG ) BofA Securities 2025 Global Real Estate Conference September 9, 2025 12:45 PM EDT Company Participants Eli Simon - COO, Executive VP, Chief Investment Officer & Director Brian McDade - Executive VP & CFO Conference Call Participants Samir Khanal - BofA Securities, Research Division Presentation Samir Khanal Research Analyst I'll go ahead and get started here. Thank you for joining us.
Simon Property Group, Inc. (SPG) Presents At BofA Securities 2025 Global Real Estate Conference (Transcript)
Neutral
PRNewsWire
13 days ago
Simon® to Present at the BofA Securities 2025 Global Real Estate Conference
INDIANAPOLIS , Sept. 4, 2025 /PRNewswire/ --  Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that the Company will present at the BofA Securities 2025 Global Real Estate Conference on Tuesday, September 9, 2025 at 12:45 p.m.
Simon® to Present at the BofA Securities 2025 Global Real Estate Conference
Positive
Zacks Investment Research
14 days ago
Why Is Simon Property (SPG) Up 5.7% Since Last Earnings Report?
Simon Property (SPG) reported earnings 30 days ago. What's next for the stock?
Why Is Simon Property (SPG) Up 5.7% Since Last Earnings Report?
Positive
Zacks Investment Research
16 days ago
Here's Why it Is Wise to Retain SPG Stock in Your Portfolio Now
SPG's leasing momentum, mixed-use projects, acquisitions and dividend hikes bolster growth, but debt and e-commerce competition weigh.
Here's Why it Is Wise to Retain SPG Stock in Your Portfolio Now
Positive
Seeking Alpha
17 days ago
8 'Safer' Dividend Buys In Barron's 23 Better Bets (BBB) Than T-Bills August Report
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly reported in October 2024. In a Barron's interview, Steven Wieting, strategist at Citi Wealth, said growing-dividends are tangible-benefits for shareholders and identify companies with strong balance-sheets. "Nobody can fake a dividend," he said.
8 'Safer' Dividend Buys In Barron's 23 Better Bets (BBB) Than T-Bills August Report
Positive
Seeking Alpha
19 days ago
Always Buy Simon Property Group's Preferred Stock When It Is Reasonably Priced
I am upgrading Simon Property Group, Inc.'s preferred shares, SPG.PR.J, to Buy, as current pricing offers an attractive yield to call of approximately 5.98%. Simon Property Group's strong Q2 results, high occupancy, and increased dividend enhance the preferred stock's safety and income appeal. Recent debt issuance at tight spreads signals market confidence in SPG's financial health and ability to service obligations.
Always Buy Simon Property Group's Preferred Stock When It Is Reasonably Priced
Positive
Seeking Alpha
20 days ago
Simon Property Group Is Deftly Handling Changing Tastes
Simon Property Group, Inc. is well positioned for the growth of malls as third spaces. The company has an incredibly diverse portfolio of mall assets generating reliable rent with spread out lease expirations. The company has an almost 5% dividend yield that it's been able to grow at the mid-single digits.
Simon Property Group Is Deftly Handling Changing Tastes
Positive
Seeking Alpha
20 days ago
Simon Property Group: On Its Way To $200
Simon Property Group remains a top-tier dividend stock, with a yield above 5% and strong prospects for dividend growth. SPG's value is driven by high-quality, irreplaceable malls, record-high occupancy, robust tenant sales, and a fortress balance sheet. Significant cash flow generation supports dividends, redevelopment, acquisitions, and buybacks, with ample liquidity and conservative financial management.
Simon Property Group: On Its Way To $200
Positive
Seeking Alpha
25 days ago
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts. Powell used his final Jackson Hole speech as Fed Chair to deliver a clear policy pivot, an unexpected reversal after months of insistence that tariff-related inflation warranted a hawkish framework. Markets were equally relieved by the policy-focused nature of Powell's speech amid speculation that the address may be used instead as a potential defiant sermon on central bank independence.
Powell Pivot Sparks REIT Rebound
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