Simon Property Group, Inc. (SPG)
| Market Cap | 66.60B |
| Revenue (ttm) | 6.03B |
| Net Income (ttm) | 2.11B |
| Shares Out | 377.21M |
| EPS (ttm) | 6.47 |
| PE Ratio | 27.28 |
| Forward PE | 26.86 |
| Dividend | $8.60 (4.87%) |
| Ex-Dividend Date | Sep 9, 2025 |
| Volume | 1,313,821 |
| Open | 174.96 |
| Previous Close | 173.43 |
| Day's Range | 174.08 - 177.90 |
| 52-Week Range | 136.34 - 190.14 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 181.36 (+2.72%) |
| Earnings Date | Aug 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]
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 StatementsAnalyst Summary
According to 11 analysts, the average rating for SPG stock is "Buy." The 12-month stock price target is $181.36, which is an increase of 2.72% from the latest price.
News
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....
Simon Property Group: Elevating My Sell Call Into A More Balanced Re-Evaluation (Rating Upgrade)
My rating framework has evolved, focusing less on binary calls and more on a layered analysis that also considers non-fundamental factors, such as investor psychology and individual circumstances. Loo...
Simon, Humana Step Forward to Build Healthier Communities
Humana Walking Club will foster community engagement at Simon centers across the country and encourage healthier lifestyles INDIANAPOLIS , Aug. 14, 2025 /PRNewswire/ -- Simon ®, a real estate investm...
Simon Property Group Sells $1.5 Billion of Senior Notes
INDIANAPOLIS , Aug. 12, 2025 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that...
Simon Property Group: Guidance Raise, Dividend Hike, And 5% Yield - What's Not To Like?
Simon Property Group delivered strong Q2 results, beating estimates and raising guidance, driven by higher occupancy, sales, and resilient consumer traffic. Management increased the dividend by 4.9%, ...
Simon® Announces Key Executive Appointments
INDIANAPOLIS , Aug. 7, 2025 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced that ...
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.
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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.
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,...
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 ...
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...