Daniel Smith Buys 372 Shares of Simon Property Group (NYSE:SPG) Stock

Simon Property Group, Inc. (NYSE:SPG) Director Daniel Smith acquired 372 shares of Simon Property Group stock in a transaction on Tuesday, June 30th. The shares were bought at an average cost of $223.31 per share, for a total transaction of $83,071.32. Following the completion of the transaction, the director owned 34,480 shares in the company, valued at approximately $7,699,728.80. This trade represents a 1.09% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Simon Property Group Trading Up 1.2%

NYSE:SPG opened at $225.77 on Friday. The company has a 50-day moving average price of $208.83 and a 200-day moving average price of $197.36. Simon Property Group, Inc. has a 12 month low of $159.33 and a 12 month high of $228.57. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 4.68. The stock has a market cap of $73.21 billion, a price-to-earnings ratio of 15.69, a P/E/G ratio of 4.03 and a beta of 1.29.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the company earned $2.95 earnings per share. Simon Property Group’s quarterly revenue was up 19.3% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. Equities analysts predict that Simon Property Group, Inc. will post 13.21 EPS for the current year.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 9th. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.20. Simon Property Group’s payout ratio is presently 62.54%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Weiss Ratings cut Simon Property Group from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday. Bank of America increased their price objective on Simon Property Group from $225.00 to $236.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group raised Simon Property Group to a “strong-buy” rating in a research report on Friday, June 26th. Citigroup boosted their target price on shares of Simon Property Group from $189.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Finally, Scotiabank upped their target price on shares of Simon Property Group from $206.00 to $220.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $211.47.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SPG. Stance Capital LLC purchased a new stake in shares of Simon Property Group in the third quarter worth $26,000. Wilkerson Advisory Group LLC bought a new position in shares of Simon Property Group during the fourth quarter valued at $29,000. SHP Wealth Management purchased a new position in shares of Simon Property Group in the 4th quarter worth about $34,000. Dynamic Wealth Strategies LLC raised its position in shares of Simon Property Group by 195.8% in the 1st quarter. Dynamic Wealth Strategies LLC now owns 210 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 139 shares during the last quarter. Finally, Tompkins Financial Corp bought a new position in Simon Property Group in the 4th quarter worth about $42,000. 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: Barclays lifted its price target on Simon Property Group ahead of second-quarter earnings, reinforcing expectations for solid fundamentals and continued dividend support. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview
• Positive Sentiment: Several SPG directors bought shares on June 30, including meaningful purchases from Randall Lewis, Peggy Roe, Marta Stewart, Stefan Selig, and others, which often signals confidence in the stock’s outlook and valuation. Simon Property Group (NYSE:SPG) Director Randall Lewis Acquires 62 Shares
• Positive Sentiment: One article argued SPG still looks undervalued despite its strong multi-year run, suggesting the stock may have room to move higher if cash flow and valuation estimates hold up. Simon Property Group (SPG) Stock Still Looks Undervalued Despite a 136% Run
• Positive Sentiment: Simon announced it will release second-quarter 2026 results on August 10, giving investors a clear near-term catalyst to watch. Simon Announces Date For Its Second Quarter 2026 Earnings Release And Conference Call
• Neutral Sentiment: Recent commentary also highlighted SPG’s strong leasing, redevelopment, and liquidity, but noted debt and e-commerce remain ongoing risks for the business. Is Holding Simon Property Stock Still Smart Move for Your Portfolio?
• Neutral Sentiment: Analyst views remain mixed overall, so despite higher targets from some firms, the broader rating picture is still more cautious than bullish. Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG) and EPR Properties (EPR)
• Negative Sentiment: Some recent research downgraded the stock or kept only neutral ratings, reflecting lingering caution around valuation and the broader retail REIT outlook. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview

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.