Simon Property Group
SPG
Market cap $51.2B

156.90 USD

-1.89

1.19%

At close Jun 13, 4:00 PM EDT

After hours

156.75

-0.15

0.10%

1 day

-1.19%

5 days

-1.75%

1 month

-2.47%

3 months

-1.62%

6 months

-12.64%

Year to date

-9.58%

1 year

3.31%

5 years

110.92%

10 years

-10.75%

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 7,296 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

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

20% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 91

18% more repeat investments, than reductions

Existing positions increased: 463 | Existing positions reduced: 391

16% more call options, than puts

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

0% less funds holding

Funds holding: 1,170 [Q4 2024] → 1,166 (-4) [Q1 2025]

2.45% less ownership

Funds ownership: 89.71% [Q4 2024] → 87.26% (-2.45%) [Q1 2025]

6% less capital invested

Capital invested by funds: $50.3B [Q4 2024] → $47.2B (-$3.08B) [Q1 2025]

33% less funds holding in top 10

Funds holding in top 10: 24 [Q4 2024] → 16 (-8) [Q1 2025]

See Fund Rankings

Research analyst outlook

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

Low target

$159

1%

upside

Avg. target

$178

13%

upside

High target

$200

27%

upside

5 analyst ratings

2 positive

40%

3 neutral

60%

0 negative

0%

Mizuho Vikram Malhorta	8%upside $169	Neutral Maintained	10 Jun 2025
Piper Sandler Alexander Goldfarb	27%upside $200	Overweight Maintained	23 May 2025
JP Morgan Anthony Paolone	15%upside $180	Neutral Maintained	22 May 2025
Stifel Simon Yarmak	15%upside $180	Buy Maintained	13 May 2025
Scotiabank Nicholas Yulico	1%upside $159	Sector Perform Maintained	23 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about SPG published over the past 30 days

Sell Alert: REITs Getting Disrupted By The AI Revolution

The AI revolution will disrupt real estate. Some property sectors could face severe pain. I highlight popular REITs to avoid.

Sell Alert: REITs Getting Disrupted By The AI Revolution

Zacks Investment Research

Simon Property (SPG) Up 0% Since Last Earnings Report: Can It Continue?

Simon Property (SPG) reported earnings 30 days ago. What's next for the stock?

Simon Property (SPG) Up 0% Since Last Earnings Report: Can It Continue?

National Outlet Shopping Day™ Expands to Four Days of Savings

The biggest outlet savings event of the year grows in 2025; more exclusive deals, more retailers and more days to save at Simon® Premium Outlets® and The Mills® locations INDIANAPOLIS , June 11, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced the expansion of National Outlet Shopping Day™ to four consecutive days, up from two days, running June 12 to June 15. It marks the longest run for the annual, one-of-a-kind shopping event since it began in 2022.

National Outlet Shopping Day™ Expands to Four Days of Savings

Realty Income Is Better Than Simon Property After U.S. Credit Rating Downgrade

Recent macroscopic uncertainties have culminated in the downgrade of the U.S. credit rating. These developments have caused interest rates to rise, making the valuations of the overall REIT sector attractive. Despite sector-wide attractive valuations, I urge caution and favor REITs like O with lower leverage and proven performance through economic cycles.

Realty Income Is Better Than Simon Property After U.S. Credit Rating Downgrade

Zacks Investment Research

Is SPG Stock Still Worth Holding in the Current Climate?

Simon Property sees leasing momentum and dividend growth, but e-commerce and high rates weigh on investor sentiment.

Is SPG Stock Still Worth Holding in the Current Climate?

Why Warren Buffett Doesn't Buy REITs, But I Do (With A Twist)

Warren Buffett has only very rarely invested in REITs and has largely steered clear of the real estate sector. I detail why. I also share why I do invest in REITs and explain my unique approach to the sector.

Why Warren Buffett Doesn't Buy REITs, But I Do (With A Twist)

REITs: The Riches Are In The Niches

REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong growth projected in sectors like data centers, industrial, net lease, and residential properties. I recommend focusing on quality REITs trading below historical multiples, emphasizing margin of safety and reliable dividend growth.

REITs: The Riches Are In The Niches

Buy 9 Barron's Better Bets (Than T-Bills) From 16 'Safer' May Dividend Dogs

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. Interviewed by Barron's, Steven Wieting, strategist at Citi-Wealth, noted that growing dividends are tangible benefits for shareholders and hallmarks of companies with strong balance sheets. “Nobody can fake a dividend,” he said.

Buy 9 Barron's Better Bets (Than T-Bills) From 16 'Safer' May Dividend Dogs

Preferred Stocks To Sell (Part 6): Simon Property Group's SPG.PR.J

The yield to call on SPG.PR.J is only 1.77%, it is trading above its par value and can be called back in 2027. Despite Simon Property Group's strong fundamentals and credit ratings, the preferred stock is overvalued relative to its potential return. I rate SPG.PR.J a strong sell, as its current valuation offers little upside and significant downside if called at par.

Preferred Stocks To Sell (Part 6): Simon Property Group's SPG.PR.J

A Historic Opportunity For REIT Investors To Win Big

REITs should do fine overall in the coming years. But some specific REITs should crush the rest of the market. Peak pessimism leads to massive opportunities. I explain how you can win big when investing in individual REITs.

A Historic Opportunity For REIT Investors To Win Big

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