Simon Property Group, Inc. (NYSE:SPG – Get Free Report) Director Marta Stewart purchased 182 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of $223.16 per share, with a total value of $40,615.12. Following the completion of the purchase, the director directly owned 18,000 shares in the company, valued at $4,016,880. The trade was a 1.02% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Simon Property Group Stock Performance
Shares of SPG stock opened at $222.88 on Thursday. The business’s 50-day moving average price is $208.41 and its 200-day moving average price is $197.06. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 4.68. Simon Property Group, Inc. has a 12 month low of $159.33 and a 12 month high of $228.57. The firm has a market capitalization of $72.28 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 4.04 and a beta of 1.29.
Simon Property Group (NYSE:SPG – Get Free Report) last posted its earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.02. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the firm posted $2.95 EPS. The company’s revenue for the quarter was up 19.3% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. Equities research analysts forecast that Simon Property Group, Inc. will post 13.21 EPS for the current year.
Simon Property Group Increases Dividend
Analyst Ratings Changes
Several equities research analysts recently commented on the company. Stifel Nicolaus raised their target price on Simon Property Group from $185.00 to $194.00 and gave the stock a “hold” rating in a research note on Tuesday, May 12th. Citigroup lifted their price target on Simon Property Group from $189.00 to $205.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Barclays lifted their price objective on shares of Simon Property Group from $212.00 to $213.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. JPMorgan Chase & Co. upped their target price on Simon Property Group from $210.00 to $217.00 and gave the company a “neutral” rating in a report on Monday, June 1st. Finally, Truist Financial raised their price objective on shares of Simon Property Group from $196.00 to $215.00 and gave the stock a “hold” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Simon Property Group presently has a consensus rating of “Hold” and a consensus target price of $211.47.
View Our Latest Research Report on SPG
Key Stories Impacting Simon Property Group
Here are the key news stories impacting Simon Property Group this week:
- Positive Sentiment: Barclays raised its price target on Simon Property Group ahead of second-quarter earnings, signaling a more favorable view of the REIT’s near-term fundamentals and dividend appeal. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview
- Positive Sentiment: Multiple Simon Property Group directors bought shares on June 30, including several meaningful insider purchases, which can be read as a sign of confidence in the stock and the company’s valuation. SEC filing for director purchase
- Positive Sentiment: Simon announced it will report second-quarter 2026 results after the market close on August 10, setting up the next major catalyst for SPG shares. Simon Announces Date For Its Second Quarter 2026 Earnings Release And Conference Call
- Neutral Sentiment: Analysts have been mixed on Simon Property Group versus other REITs, so the latest commentary adds attention to the name but does not clearly change the investment case by itself. Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG) and EPR Properties (EPR)
Institutional Trading of Simon Property Group
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Clark Capital Management Group Inc. increased its stake in Simon Property Group by 1.7% in the 3rd quarter. Clark Capital Management Group Inc. now owns 247,032 shares of the real estate investment trust’s stock worth $46,361,000 after acquiring an additional 4,177 shares during the last quarter. Union Bancaire Privee UBP SA lifted its holdings in shares of Simon Property Group by 22.6% in the 4th quarter. Union Bancaire Privee UBP SA now owns 39,366 shares of the real estate investment trust’s stock worth $7,287,000 after acquiring an additional 7,266 shares during the last quarter. Davis Selected Advisers lifted its stake in Simon Property Group by 30.7% in the third quarter. Davis Selected Advisers now owns 76,733 shares of the real estate investment trust’s stock worth $14,400,000 after purchasing an additional 18,010 shares during the last quarter. Danske Bank A S boosted its holdings in Simon Property Group by 11.1% during the 4th quarter. Danske Bank A S now owns 193,946 shares of the real estate investment trust’s stock valued at $35,901,000 after acquiring an additional 19,300 shares during the period. Finally, California Public Employees Retirement System boosted its stake in shares of Simon Property Group by 3.5% during the third quarter. California Public Employees Retirement System now owns 579,458 shares of the real estate investment trust’s stock valued at $108,747,000 after purchasing an additional 19,608 shares during the period. Institutional investors own 93.01% of the company’s stock.
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.
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