Simon Property Group (NYSE:SPG) Given New $210.00 Price Target at JPMorgan Chase & Co.

Simon Property Group (NYSE:SPG) had its target price lifted by JPMorgan Chase & Co. from $198.00 to $210.00 in a research report released on Friday morning,Benzinga reports. They currently have a neutral rating on the real estate investment trust’s stock.

A number of other equities research analysts have also recently commented on SPG. Truist Financial raised 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 note on Wednesday, December 17th. Scotiabank raised their price objective on shares of Simon Property Group from $186.00 to $189.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 14th. UBS Group lifted their target price on shares of Simon Property Group from $180.00 to $189.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Morgan Stanley set a $205.00 price target on Simon Property Group in a research note on Friday, January 16th. Finally, Citigroup raised their price target on Simon Property Group from $185.00 to $189.00 and gave the company a “neutral” rating in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $197.93.

Simon Property Group Price Performance

Shares of Simon Property Group stock opened at $199.86 on Friday. The stock has a market cap of $65.25 billion, a P/E ratio of 14.09, a P/E/G ratio of 7.26 and a beta of 1.39. The company has a debt-to-equity ratio of 4.42, a quick ratio of 1.44 and a current ratio of 0.90. The stock’s fifty day moving average is $185.75 and its 200 day moving average is $180.53. Simon Property Group has a one year low of $136.34 and a one year high of $201.40.

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

Simon Property Group declared that its board has approved a stock buyback program on Thursday, February 5th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the real estate investment trust to buy up to 3.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Simon Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be issued a $2.20 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $8.80 dividend on an annualized basis and a dividend yield of 4.4%. Simon Property Group’s dividend payout ratio (DPR) is presently 62.06%.

Insider Buying and Selling at Simon Property Group

In related news, Director Glyn Aeppel acquired 216 shares of the stock in a transaction dated Wednesday, December 31st. The stock was acquired at an average cost of $186.00 per share, with a total value of $40,176.00. Following the purchase, the director directly owned 19,481 shares of the company’s stock, valued at approximately $3,623,466. This trade represents a 1.12% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Larry C. Glasscock bought 363 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was bought at an average price of $186.00 per share, with a total value of $67,518.00. Following the acquisition, the director owned 43,899 shares in the company, valued at approximately $8,165,214. This trade represents a 0.83% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 2,192 shares of company stock valued at $407,712. Corporate insiders own 8.66% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Trust Co. of Toledo NA OH purchased a new stake in Simon Property Group in the second quarter worth $25,000. Stance Capital LLC purchased a new position in Simon Property Group during the 3rd quarter worth $26,000. VSM Wealth Advisory LLC bought a new stake in Simon Property Group during the 2nd quarter valued at $30,000. Silicon Valley Capital Partners bought a new position in Simon Property Group in the second quarter worth approximately $30,000. Finally, Bell Investment Advisors Inc lifted its holdings in Simon Property Group by 205.6% during the second quarter. Bell Investment Advisors Inc now owns 217 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 146 shares during the period. Institutional investors own 93.01% of the company’s stock.

More Simon Property Group News

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

• Positive Sentiment: Board authorizes a $2.0 billion common-stock repurchase (up to ~3.1% of shares), which reduces share count and signals management believes the shares may be undervalued — a direct shareholder-friendly catalyst. Simon Announces New $2.0 Billion Common Stock Repurchase Program
• Positive Sentiment: JPMorgan raised its price target to $210 (neutral rating), implying modest upside from recent levels and lending support to the stock. Benzinga
• Positive Sentiment: Evercore ISI also lifted its price target to $198, adding to the chorus of analyst upgrades after the quarter. Evercore ISI Raises Simon Property Group Price Target
• Positive Sentiment: Market commentary (e.g., Zacks) lists SPG among intriguing post-Q4 names, reinforcing investor interest after the company’s strong quarterly results and guidance. 3 Intriguing Stocks to Watch After Q4 Earnings
• Neutral Sentiment: Appointment of Martin J. Cicco to the board — governance update that slightly refreshes board composition but is unlikely to move the stock materially on its own. Simon Property Group Announces Appointment of Martin J. Cicco to Board of Directors
• Neutral Sentiment: Coverage of the earnings call highlights both growth opportunities and risks — useful context for investors but not new quantitative catalysts beyond the buyback and guidance. Simon Property Group Earnings Call Highlights Growth, Risks
• Negative Sentiment: Analyst/columnist views (Seeking Alpha) argue SPG is “back to fair value,” suggesting limited near-term upside and caution for valuation-sensitive investors. Simon Property Group: The Business Is Solid, But It’s Now Back To Fair Value

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.