Simon Property Group (NYSE:SPG) Director Stefan Selig Acquires 220 Shares

Simon Property Group, Inc. (NYSE:SPG) Director Stefan Selig acquired 220 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average cost of $223.27 per share, with a total value of $49,119.40. Following the completion of the transaction, the director owned 33,812 shares in the company, valued at approximately $7,549,205.24. The trade was a 0.65% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Simon Property Group Trading Down 0.3%

NYSE:SPG opened at $222.88 on Thursday. The stock has a 50-day simple moving average of $208.41 and a 200-day simple moving average of $197.06. The stock has a market cap of $72.28 billion, a P/E ratio of 15.49, a P/E/G ratio of 4.04 and a beta of 1.29. Simon Property Group, Inc. has a 1 year low of $159.33 and a 1 year high of $228.57. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 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 analyst estimates of $1.54 billion. During the same period in the prior year, the firm posted $2.95 earnings per share. The firm’s 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. As a group, analysts anticipate that Simon Property Group, Inc. will post 13.21 earnings per share for the current fiscal year.

Simon Property Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were given a $2.25 dividend. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.0%. Simon Property Group’s payout ratio is currently 62.54%.

Simon Property Group News Roundup

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 Investors Weigh In On Simon Property Group

Institutional investors have recently bought and sold shares of the stock. Sapient Capital LLC grew its stake in shares of Simon Property Group by 1.1% during the 1st quarter. Sapient Capital LLC now owns 111,276 shares of the real estate investment trust’s stock valued at $20,756,000 after buying an additional 1,230 shares during the period. DV Trading LLC purchased a new stake in shares of Simon Property Group during the 1st quarter worth about $224,000. Parallel Advisors LLC grew its holdings in shares of Simon Property Group by 8.8% during the 1st quarter. Parallel Advisors LLC now owns 5,431 shares of the real estate investment trust’s stock worth $1,013,000 after purchasing an additional 440 shares during the period. Alpine Woods Capital Investors LLC increased its position in shares of Simon Property Group by 24.5% in the first quarter. Alpine Woods Capital Investors LLC now owns 16,470 shares of the real estate investment trust’s stock worth $3,072,000 after acquiring an additional 3,246 shares in the last quarter. Finally, Glenmede Trust Co. NA increased its holdings in Simon Property Group by 0.8% in the 1st quarter. Glenmede Trust Co. NA now owns 85,912 shares of the real estate investment trust’s stock valued at $16,025,000 after purchasing an additional 671 shares in the last quarter. 93.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SPG. Citigroup raised their target price on shares of Simon Property Group from $189.00 to $205.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Barclays raised their price target on Simon Property Group from $212.00 to $213.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Morgan Stanley boosted their price objective on shares of Simon Property Group from $205.00 to $207.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 9th. Truist Financial boosted their target price on Simon Property Group from $196.00 to $215.00 and gave the stock a “hold” rating in a research report on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. upped their price target on shares of Simon Property Group from $210.00 to $217.00 and gave the company a “neutral” rating in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $211.47.

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.