Simon Property Group (NYSE:SPG) to Buyback $2.00 billion in Outstanding Shares

Simon Property Group (NYSE:SPG) declared that its Board of Directors has approved a stock repurchase program on Thursday, February 5th, RTT News reports. The company plans to repurchase $2.00 billion in shares. This repurchase authorization permits the real estate investment trust to purchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Simon Property Group Stock Performance

SPG stock traded up $1.72 on Thursday, reaching $197.31. 1,876,608 shares of the company were exchanged, compared to its average volume of 1,666,929. The firm has a market capitalization of $64.42 billion, a PE ratio of 13.91, a PEG ratio of 7.20 and a beta of 1.39. Simon Property Group has a 12 month low of $136.34 and a 12 month high of $197.93. The stock’s fifty day moving average price is $185.48 and its 200 day moving average price is $180.28. The company has a debt-to-equity ratio of 4.42, a current ratio of 0.90 and a quick ratio of 1.44.

Simon Property Group (NYSE:SPG) last released its earnings results on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $3.47 by $0.02. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.50 billion. Simon Property Group had a return on equity of 124.12% and a net margin of 72.71%.The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period last year, the business earned $3.68 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. On average, research analysts anticipate that Simon Property Group will post 12.54 EPS for the current fiscal year.

Simon Property Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be issued a $2.20 dividend. This represents a $8.80 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, March 10th. Simon Property Group’s payout ratio is presently 62.06%.

Analysts Set New Price Targets

SPG has been the subject of several research analyst reports. UBS Group increased their price objective on Simon Property Group from $180.00 to $189.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Morgan Stanley set a $205.00 price target on shares of Simon Property Group in a research report on Friday, January 16th. Stifel Nicolaus boosted their price objective 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. Truist Financial increased their target price on shares of Simon Property Group from $169.00 to $181.00 and gave the stock a “hold” rating in a research report on Wednesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Simon Property Group from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Simon Property Group presently has an average rating of “Hold” and a consensus price target of $196.07.

More Simon Property Group News

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

• Positive Sentiment: Board authorizes a new $2.0 billion common stock repurchase program through Feb. 29, 2028 — increases potential buybacks that can support EPS, reduce share count and signal management confidence in cash flow durability. Simon Announces New $2.0 Billion Common Stock Repurchase Program
• Positive Sentiment: Company reported record 2025 FFO and raised its dividend with FY‑2026 EPS guidance of $13.00–$13.25 — results and guidance underpin cash flow outlook and support the dividend/buyback thesis for REIT investors. Simon Property Delivers Record 2025 Results, Hikes Dividend
• Positive Sentiment: Announced over $250 million of targeted redevelopments at three high-end centers (Nashville, Denver, Tampa) following full Taubman acquisitions — capital allocation aimed at driving higher rents, sales/sqft and long‑term NOI. Transforming the Future of Luxury Retail: Simon Announces Major Redevelopments
• Positive Sentiment: Evercore ISI raised its price target on SPG to $198 — analyst upgrades/lifted targets can boost near‑term sentiment and trading demand. Evercore ISI Raises SPG Price Target to $198
• Neutral Sentiment: Appointment of Martin J. Cicco to the Board of Directors — governance update that may add industry experience/oversight but has limited immediate operational impact. Simon Property Group Announces Appointment of Martin J. Cicco
• Neutral Sentiment: Industry/watchlist commentary (MarketBeat, Zacks) highlights SPG as attractive in a stable-rate environment and flags Q4 strength — supportive macro narrative but more thematic than company-specific. 3 Intriguing Stocks to Watch After Q4 Earnings: AMD, SPG, TER
• Negative Sentiment: Earnings call flagged growth opportunities but also highlighted risks — consumer variability and rate uncertainty remain potential overhangs that could compress multiples if trends weaken. Earnings Call Highlights Growth, Risks

Insider Buying and Selling at Simon Property Group

In related news, Director Gary M. Rodkin purchased 226 shares of Simon Property Group stock in a transaction that occurred on Wednesday, December 31st. The shares were acquired at an average price of $186.00 per share, for a total transaction of $42,036.00. Following the transaction, the director directly owned 19,455 shares in the company, valued at approximately $3,618,630. This represents a 1.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Glyn Aeppel bought 216 shares of the company’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 $40,176.00. Following the completion of the purchase, the director owned 19,481 shares of the company’s stock, valued at approximately $3,623,466. The trade was a 1.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 2,192 shares of company stock worth $407,712 over the last 90 days. Company insiders own 8.66% of the company’s stock.

Simon Property Group Company Profile

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.