Simon Property Group, Inc. (SPG)

NYSE: SPG · Real-Time Price · USD
163.94
+3.26 (2.03%)
At close: Aug 4, 2025, 4:00 PM
164.09
+0.15 (0.09%)
After-hours: Aug 4, 2025, 7:37 PM EDT
2.03%
Market Cap61.83B
Revenue (ttm)6.03B
Net Income (ttm)2.11B
Shares Out 377.14M
EPS (ttm)3.23
PE Ratio50.73
Forward PE24.42
Dividend$8.40 (5.12%)
Ex-Dividend DateJun 9, 2025
Volume1,847,303
Open161.31
Previous Close160.68
Day's Range160.50 - 165.22
52-Week Range136.34 - 190.14
Beta1.52
AnalystsBuy
Price Target182.18 (+11.13%)
Earnings DateAug 4, 2025

About SPG

Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (“REIT”). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of ma... [Read more]

Industry REIT - Retail
IPO Date Dec 13, 1993
Employees 3,000
Stock Exchange NYSE
Ticker Symbol SPG
Full Company Profile

Financial Performance

In 2024, Simon Property Group's revenue was $5.96 billion, an increase of 5.39% compared to the previous year's $5.66 billion. Earnings were $2.37 billion, an increase of 3.85%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for SPG stock is "Buy." The 12-month stock price target is $182.18, which is an increase of 11.13% from the latest price.

Price Target
$182.18
(11.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Simon Property Group, Inc. (SPG) Q2 2025 Earnings Call Transcript

Simon Property Group, Inc. (NYSE:SPG) Q2 2025 Earnings Conference Call August 4, 2025 5:00 PM ET Company Participants Brian J. McDade - Executive VP & CFO David E.

1 hour ago - Seeking Alpha

Simon Property Keeps Betting on Premium Locations as Retail Occupancies Rise

In a commercial real estate environment still grappling with inflationary pressures, evolving consumer behavior and global economic uncertainty, observers would be forgiven for embracing prevailing na...

5 hours ago - PYMNTS

Simon® Reports Second Quarter 2025 Results, Increases Full Year 2025 Real Estate FFO Per Share Guidance and Raises Quarterly Dividend

INDIANAPOLIS , Aug. 4, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported resul...

9 hours ago - PRNewsWire

Behind The (Revised) Curve

U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. T...

Other symbols: AGGAGNCAHTAMHAMTAREAVB
1 day ago - Seeking Alpha

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 gai...

Other symbols: BBYBMYCAGEQRFRTKIMKMI
5 days ago - Seeking Alpha

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-pande...

8 days ago - Seeking Alpha

Why I Won't Buy REIT ETFs

Active REIT investing beats passive REIT investing. REIT ETFs suffer from many flaws that hurt performance. I explain all the reasons why I don't buy REIT ETFs.

Other symbols: KRGMORTSCHHVNQ
9 days ago - Seeking Alpha

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 inve...

13 days ago - Seeking Alpha

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 occupanc...

14 days ago - Seeking Alpha

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.

Other symbols: APPFCATCLXCNPCOPCRHGME
17 days ago - Market Watch

Simon® Announces Date For Its Second Quarter 2025 Earnings Release And Conference Call

INDIANAPOLIS , July 7, 2025  /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced det...

4 weeks ago - PRNewsWire

Miami's Brickell City Centre sold to Simon Property in up to $548.7 million deal

U.S.-based shopping mall owner Simon Property Group has acquired the parking and retail segments of Miami's Brickell City Centre for up to $548.7 million from Swire Properties , the Hong Kong-listed c...

5 weeks ago - Reuters

Simon® Acquires Swire Properties' Interest in the Open-Air Shopping Center at Brickell City Centre

INDIANAPOLIS , June 27, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, and Swire Propertie...

5 weeks ago - PRNewsWire

10 'Safer' Dividend Buys Of Barron's Better Bets Than T-Bills For June

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 div...

Other symbols: BBYBMYCAGEQRETRFRTKEY
5 weeks ago - Seeking Alpha

Why AI Makes REITs More Valuable

AI adoption will drive long-term value for REITs by boosting efficiency, reducing costs, and expanding profit margins, ultimately raising FFO and fair valuations. Management-intensive REIT sectors—lik...

Other symbols: ADCAMHMAAOREGSPYVICI
6 weeks ago - Seeking Alpha

AI will bring significant savings to most REITs, says Morgan Stanley's Ron Kamdem

Ron Kamdem, Morgan Stanley head of U.S. REITS and commercial real estate research, joins 'The Exchange' to discuss AI in CRE and the future of real estate.

6 weeks ago - CNBC Television

Simon Property Group: Market Is Complacent On E-Commerce Risk

Simon Property Group, Inc.'s fundamentals look strong, but I believe the market is overlooking long-term e-commerce headwinds and risks of multiple compression. Despite solid rent and earnings growth,...

6 weeks ago - Seeking Alpha

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 ...

7 weeks ago - PRNewsWire

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 att...

Other symbols: O
2 months ago - Seeking Alpha

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...

Other symbols: AMTBAMBNBXDLREPRTO
2 months ago - Seeking Alpha

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 ...

Other symbols: ADCAMTBXCATOCPTDGDLR
2 months ago - Seeking Alpha

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 div...

Other symbols: BBYBMYCAGETRFRTKIMLYB
2 months ago - Seeking Alpha

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 stoc...

2 months ago - Seeking Alpha

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 investi...

Other symbols: AREMACVNQWELL
2 months ago - Seeking Alpha

Is Simon Property Group On Sale?

Simon Property Group has seen material stock price volatility this year as the market frets over the possibility of tariffs sparking downstream inflation. The Class A mall REIT is set to pay out 67.3%...

2 months ago - Seeking Alpha