The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

SPG

Concerning the House

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries. Simon Property Group, Inc. was incorporated in 1960 and is based in Indianapolis, Indiana.

United States · www.simon.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$5.66B+2.6%
Operating income$735.18M-4.5%
Cash from ops$3.93B+5.3%
Quotation

$221.47

+0.91 (+0.4%)

52w hi$236.70
52w lo$164.37
Vol776.17K
As ofAug 13
The Verdict

Hold

Our score +0.30

Short+0.59
Medium+0.27
Long-0.23

computed 2026-08-13

By the Numbers

Simon Property Group, Inc.

Real Estate · REIT - Retail

Market cap$84.08B
Enterprise value$100.95B
Trailing P/E15.64x
Forward P/E33.02x
EV / EBITDA19.70x
P / S (ttm)12.11x
Profit margin66.6%
Return on equity124.3%
Revenue growth+19.5%
Earnings growth-12.5%
Debt / equity527.88
Risk Metrics
Beta vs SPX0.73
Corr SPX0.51
Annual vol23.0%
Annual ret+20.5%
Sharpe0.89
Max DD-25.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.06
Sector+0.04
Technical+0.38
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$222.09$223.63$221.20$221.47776.17K
Aug 12$221.48$221.48$218.91$220.561.58M
Aug 11$220.27$223.53$219.06$219.531.88M
Aug 10$221.15$223.42$218.33$220.551.24M
Aug 7$221.76$223.08$219.56$222.911.32M