Simon Property Group, Inc. (SPG)

NYSE: SPG · Real-Time Price · USD
165.98
-0.14 (-0.08%)
Mar 25, 2025, 3:54 PM EDT - Market open
-0.08%
Market Cap 62.58B
Revenue (ttm) 5.96B
Net Income (ttm) 2.37B
Shares Out 377.04M
EPS (ttm) 7.26
PE Ratio 22.83
Forward PE 25.82
Dividend $8.25 (4.98%)
Ex-Dividend Date Mar 10, 2025
Volume 1,044,791
Open 166.29
Previous Close 166.12
Day's Range 164.28 - 168.70
52-Week Range 139.25 - 190.14
Beta 1.80
Analysts Buy
Price Target 176.00 (+6.04%)
Earnings Date May 5, 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
Sector Real Estate
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 Forecast

According to 8 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is $176.0, which is an increase of 6.04% from the latest price.

Price Target
$176.0
(6.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Simon Property Group: 5.2% Dividend Yield As U.S. Recession Fears Spike

Simon Property Group offers a 5.2% dividend yield that is 148% covered by the low end of its FFO guidance range for 2025. The 15% pullback possibly presents a buying opportunity in a REIT with a fortr...

23 hours ago - Seeking Alpha

2 Dirt-Cheap Dividend Sectors With Massive Tailwinds Investors Are Ignoring

These dividend-paying sectors are priced like they're in crisis — yet fundamentals have never looked stronger. One sector offers extremely compelling combinations of yields and growth. The other secto...

Other symbols: AEMAMLPBXPEPDETGDXGLD
1 day ago - Seeking Alpha

Simon Property Group Announces Retirement of Allan B. Hubbard

INDIANAPOLIS , March 20, 2025 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today tha...

4 days ago - PRNewsWire

Buy 7 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills

Seven of the ten lowest-priced BBB "Safer" dividend stocks, including Altria, Verizon, and Conagra, meet the dogcatcher ideal of dividends from $1000 invested exceeding single share prices. Analysts p...

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9 days ago - Seeking Alpha

Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends

Despite a tough week for the market, the Dividend Harvesting Portfolio declined by only -1.8%, outperforming the S&P 500's -3.27% drop. The portfolio's diversification and focus on recurring income an...

Other symbols: BCXENBHYTORC
12 days ago - Seeking Alpha

Simon Property Group: Price Drop Creates Opportunity

Simon Property Group remains an attractive investment due to its strong dividend yield, robust cash flows, and high occupancy rates, despite recent price drops. SPG's Q4 earnings show solid performanc...

12 days ago - Seeking Alpha

3 Popular REITs To Sell Before It Is Too Late

REITs are offering a historic opportunity. But not all REITs are worth buying. I highlight 3 popular to sell.

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21 days ago - Seeking Alpha

Simon Property Group, Inc. (SPG) Citi 2025 Global Property CEO Conference (Transcript)

Simon Property Group, Inc. (NYSE:SPG) Citi 2025 Global Property CEO Conference March 3, 2025 3:35 PM ET Company Participants Brian McDade - Executive Vice President and Chief Financial Officer Confer...

21 days ago - Seeking Alpha

Simon® to Present at Citi's 2025 Global Property CEO Conference

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

26 days ago - PRNewsWire

Simon®, Shopify and Leap Collaborate to Deliver the Ultimate Omnichannel Experience Empowering Brands Like Ring Concierge to Expand Their Footprint

INDIANAPOLIS , Feb. 25, 2025 /PRNewswire/ --  Simon ® , a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a...

4 weeks ago - PRNewsWire

Buy 5 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills

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: AGBBYBMYEQRETRFRTKEY
5 weeks ago - Seeking Alpha

Simon® Announces Upcoming Transformation of Smith Haven Mall

LAKE GROVE, N.Y. , Feb. 10, 2025 /PRNewswire/ -- Simon ® , a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announce...

6 weeks ago - PRNewsWire

REITs Lead On Earnings Uplift

US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment...

Other symbols: AVBBDNCDPCPTCUZDEADOC
6 weeks ago - Seeking Alpha

Simon (Properties) Says: Moats Matter (Rating Upgrade)

Simon Property Group is a "wide moat" REIT with a strong global footprint, owning 250 properties and leasing to over 3,000 market-leading brands. SPG boasts a fortress A-rated balance sheet, with $10 ...

6 weeks ago - Seeking Alpha

Simon Property Group: I'm Betting On Robust Growth

Simon Property Group delivered strong Q4 results with record FFO, high occupancy rates, and robust leasing activity, highlighting its solid portfolio fundamentals. Strategic acquisitions, redevelopmen...

6 weeks ago - Seeking Alpha

Simon Property Group Announces Retirement of Herbert Simon

INDIANAPOLIS , Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of Simon Property Group, Inc. (NYSE: SPG) today announced that Herbert Simon Chairman Emeritus of the Board of Directors has retired ...

6 weeks ago - PRNewsWire

Simon Property Group: The Mall Isn't Dead After Strong Earnings And Continued Dividend Increases

Simon Property Group delivered a top-line beat of $170 million and increased its quarterly dividend, showcasing strong performance in a post-pandemic environment. SPG's occupancy rates and base minimu...

6 weeks ago - Seeking Alpha

Simon Property Group: Digital Ad Campaign Boosts Activity at Malls

Activity at malls is getting a boost from a digital advertising campaign and may get an additional push from a potential change to U.S. tariff laws, Simon Property Group Chairman, CEO and President Da...

6 weeks ago - PYMNTS

Simon Property Group, Inc. (SPG) Q4 2024 Earnings Call Transcript

Simon Property Group, Inc. (NYSE:SPG) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Thomas Ward - Senior Vice President, Investor Relations David Simon - Chairman,...

6 weeks ago - Seeking Alpha

Simon® Reports Fourth Quarter and Full Year 2024 Results

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

6 weeks ago - PRNewsWire

World's First Holographic 3D Ad Network Launches at Simon Malls Nationwide

Exclusive partnership between Hologram Media Network and Proto brings cutting-edge 3D holograms to 30 premium locations, redefining interactive advertising Exclusive partnership between Hologram Media...

7 weeks ago - GlobeNewsWire

The Ten Commandments Of REIT Investing

The Chilton REIT Strategy, founded by Bruce Garrison, has achieved an annualized total return of +9.3% gross of fees over 20 years. Successful REITs are characterized by strong management, a focused s...

Other symbols: AVBBXPEGPFRTVNQ
7 weeks ago - Seeking Alpha

Kering and Simon® Announce The Completion Of The Sale Of 'The Mall Luxury Outlets'

INDIANAPOLIS and PARIS , Jan. 30, 2025 /PRNewswire/ --Kering and Simon ® today announced the finalization of the sale of 100% of The Mall Luxury Outlets entities held by Kering to Simon, the US real e...

7 weeks ago - PRNewsWire

Kering: Press release - Kering and Simon announce the sale of The Mall Luxury Outlets

Press release_Kering and Simon announce the sale of The Mall Luxury Outlets 30 01 25

7 weeks ago - GlobeNewsWire

Dividend Harvesting Portfolio Week 204: $20,400 Allocated, $1,963.80 In Projected Dividends

The Dividend Harvesting Portfolio has grown to $25,924.57 with a 27.08% return on invested capital and is on track to exceed $2,000 in forward dividend income soon. Recent additions include BP, Verizo...

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7 weeks ago - Seeking Alpha