Inside the research

Simon Property Group, Inc.

SPG Research profile · latest available data

Price overview

$204.82

▲ +0.12 (+0.1%)

52w hi$234.19
52w lo$165.67
Vol913.40K
As of25 Sep 2026

The Verdict

Hold

Our score -0.25

Short-0.01
Medium-0.35
Long-0.52

computed 2026-09-27

Key fundamentals

Simon Property Group, Inc.

Real Estate · REIT - Retail

Market cap$77.75B
Enterprise value$96.14B
Trailing P/E14.45x
Forward P/E30.14x
EV / EBITDA18.76x
P / S (ttm)11.20x
Profit margin66.6%
Return on equity120.5%
Revenue growth+19.5%
Earnings growth-12.5%
Debt / equity503.50

Layer Breakdown

LayerRawContribution
Fundamental+0.07
Sector-0.04
Technical-0.10
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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

Risk Metrics

Beta vs SPX0.72
Corr SPX0.51
Annual vol22.8%
Annual ret+13.0%
Sharpe0.57
Max DD-25.2%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$208.55
High / Low$250.00 / $185.00
Median$205.50
Analysts20
Strong Buy1
Buy8
Hold12
Sell0
Strong Sell0

Recent rating actions

2026-04-13Barclays→ Equal-Weight
2026-03-24Scotiabank→ Sector Perform
2026-03-02Truist Securities→ Hold
2026-03-02Barclays→ Equal-Weight
2026-02-06JP Morgan→ Neutral
2026-02-05Citigroup→ Neutral

Officers & Board

CEODavid Simon since 2019
FounderHerb Simon current
FounderMelvin Simon current

Material Events

DateEvent8-K
2026-08-10Earnings Release, Reg FD Disclosure…read
2026-05-15Shareholder Voteread
2026-05-11Earnings Release, Reg FD Disclosure…read
2026-03-24Officer / Director Change, Reg FD Disclosure…read
2026-03-05Material Agreement, Material Obligation…read
2026-02-05Officer / Director Change, Exhibitsread
2026-02-05Other Material Event, Exhibitsread
2026-02-02Earnings Release, Reg FD Disclosure…read
2025-11-03Earnings Release, Reg FD Disclosure…read
2025-08-07Officer / Director Change, Exhibitsread
2025-08-04Earnings Release, Reg FD Disclosure…read
2025-05-15Shareholder Vote, Other Material Event…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-06-30LEIBOWITZ REUBEN SDirectorBuy430$95.95K
2026-06-30GLASSCOCK LARRY CDirectorBuy330$73.64K
2026-06-30Roe PeggyDirectorBuy80$17.85K
2026-06-30Roe PeggyDirectorBuy3$670
2026-06-30LEIBOWITZ REUBEN SDirectorBuy53$11.93K
2026-06-30LEIBOWITZ REUBEN SDirectorBuy25$5.60K
2026-06-30SELIG STEFAN MDirectorBuy187$41.73K
2026-06-30SELIG STEFAN MDirectorBuy33$7.39K
2026-06-30Roe PeggyDirectorBuy6$1.34K
2026-06-30GLASSCOCK LARRY CDirectorBuy54$12.15K

Flow & Concentration

Insider 180d net$478.78K
Insider buys / sells26 / 0
Insider biasNeutral
13F holders0
Top-5 share0.0%
HHI0 (—)

Connections

Subsidiarys: ZIM, VRT, Regional Malls

Dividends

Yield (TTM)2.15%
$ / share (TTM)$4.40
5y CAGR+7.3%

Annual dividend per share

2021$5.85
2022$6.90
2023$7.45
2024$8.10
2025$8.55
2026$2.20

SEC Filings

DateFormDoc
2026-08-1010-Qview
2026-08-108-Kview
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-07-014view
2026-06-1711-Kview
2026-05-154view

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%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$205.19$205.70$203.87$204.82913.40K
Sep 24$204.56$205.60$203.41$204.70869.70K
Sep 23$205.15$205.64$203.84$204.161.06M
Sep 22$205.61$206.19$204.68$205.951.08M
Sep 21$206.02$206.38$204.69$204.98957.40K

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