Evercore ISI Boosts Simon Property Group (NYSE:SPG) Price Target to $198.00

Simon Property Group (NYSE:SPG) had its price objective increased by investment analysts at Evercore ISI from $188.00 to $198.00 in a note issued to investors on Tuesday, Marketbeat reports. The firm currently has an “in-line” rating on the real estate investment trust’s stock. Evercore ISI’s price objective points to a potential upside of 5.64% from the stock’s current price.

SPG has been the subject of several other reports. UBS Group increased their price target on shares of Simon Property Group from $180.00 to $189.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Stifel Nicolaus increased their target price on shares of Simon Property Group from $184.00 to $185.00 and gave the company a “hold” rating in a research report on Tuesday. Scotiabank lifted their price target on shares of Simon Property Group from $186.00 to $189.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 14th. Citigroup upped their price target on Simon Property Group from $170.00 to $185.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Mizuho set a $192.00 price objective on Simon Property Group in a research report on Friday, January 9th. Six investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $195.79.

Simon Property Group Trading Down 2.0%

SPG stock traded down $3.79 during trading on Tuesday, hitting $187.43. The company had a trading volume of 285,092 shares, compared to its average volume of 1,549,917. The firm has a market capitalization of $61.19 billion, a P/E ratio of 27.21, a PEG ratio of 7.10 and a beta of 1.39. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 9.59. Simon Property Group has a 52-week low of $136.34 and a 52-week high of $193.50. The company has a 50 day simple moving average of $184.97 and a 200-day simple moving average of $179.86.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.02. Simon Property Group had a return on equity of 79.30% and a net margin of 38.18%.The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the prior year, the firm earned $3.68 earnings per share. Simon Property Group’s revenue was up 13.2% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. As a group, research analysts forecast that Simon Property Group will post 12.54 earnings per share for the current fiscal year.

Insider Activity at Simon Property Group

In related news, Director Daniel C. Smith purchased 347 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was bought at an average cost of $186.00 per share, with a total value of $64,542.00. Following the completion of the acquisition, the director owned 32,680 shares of the company’s stock, valued at $6,078,480. The trade was a 1.07% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Glyn Aeppel acquired 216 shares of the stock in a transaction on Wednesday, December 31st. The stock was bought at an average price of $186.00 per share, for a total transaction of $40,176.00. Following the transaction, the director owned 19,481 shares in the company, valued at approximately $3,623,466. This represents a 1.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 2,192 shares of company stock valued at $407,712 in the last 90 days. 8.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Simon Property Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPG. Embree Financial Group increased its stake in shares of Simon Property Group by 2.4% during the fourth quarter. Embree Financial Group now owns 2,414 shares of the real estate investment trust’s stock worth $447,000 after purchasing an additional 56 shares in the last quarter. O ROURKE & COMPANY Inc lifted its stake in Simon Property Group by 2.8% in the 4th quarter. O ROURKE & COMPANY Inc now owns 2,124 shares of the real estate investment trust’s stock valued at $393,000 after buying an additional 57 shares in the last quarter. Colonial Trust Co SC boosted its holdings in Simon Property Group by 25.7% in the 3rd quarter. Colonial Trust Co SC now owns 318 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 65 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Simon Property Group by 4.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,582 shares of the real estate investment trust’s stock worth $293,000 after buying an additional 65 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC raised its holdings in shares of Simon Property Group by 0.5% during the second quarter. Legacy Wealth Asset Management LLC now owns 13,768 shares of the real estate investment trust’s stock valued at $2,213,000 after acquiring an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 93.01% of the company’s stock.

Key Stories Impacting Simon Property Group

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Company raised FY‑2026 FFO guidance to $13.00–$13.25 per share (well above street consensus), implying substantial upside vs. prior expectations — a major catalyst for upside. Simon® Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Q4 operating results beat on revenue and FFO: revenue $1.79B and FFO $3.49 (beat consensus), and management highlighted record FFO and robust leasing — supports the stronger guidance. Simon Property (SPG) Q4 FFO and Revenues Surpass Estimates
• Positive Sentiment: Board declared a quarterly dividend of $2.20/share (ex-dividend March 10; payment March 31) — reinforces cash return profile and income appeal (roughly a 4.6% yield per company release).
• Positive Sentiment: Analyst support: Bank of America reiterated a Buy rating and $208 price target, citing conservative 2026 FFO guidance and high-return redevelopment pipeline — provides additional analyst endorsement. Buy Rating on Simon Property Group Driven by Conservative 2026 FFO Guidance, Robust Leasing Momentum, and High-Return Redevelopment Pipeline
• Neutral Sentiment: Company reiterated a multi‑year redevelopment pipeline (~$4B) and said leasing momentum remains robust — positive operational detail but longer‑term value realization will depend on execution. Simon Property Group outlines $13.13 per share FFO guidance and $4B development pipeline while advancing leasing and redevelopment
• Negative Sentiment: FFO/EPS remain slightly below prior-year levels (FFO $3.49 vs. $3.68 a year ago), underscoring that tough comparisons persist — a reminder that upside depends on beating elevated expectations. Simon Property Group Q4 earnings/press materials

About Simon Property Group

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.