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 |
| Vol | 913.40K |
| As of | 25 Sep 2026 |
The Verdict
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/E | 14.45x |
| Forward P/E | 30.14x |
| EV / EBITDA | 18.76x |
| P / S (ttm) | 11.20x |
| Profit margin | 66.6% |
| Return on equity | 120.5% |
| Revenue growth | +19.5% |
| Earnings growth | -12.5% |
| Debt / equity | 503.50 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 0.72 |
|---|---|
| Corr SPX | 0.51 |
| Annual vol | 22.8% |
| Annual ret | +13.0% |
| Sharpe | 0.57 |
| 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 |
| Analysts | 20 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 8 | |
| Hold | 12 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-13 | Barclays | → Equal-Weight |
| 2026-03-24 | Scotiabank | → Sector Perform |
| 2026-03-02 | Truist Securities | → Hold |
| 2026-03-02 | Barclays | → Equal-Weight |
| 2026-02-06 | JP Morgan | → Neutral |
| 2026-02-05 | Citigroup | → Neutral |
Officers & Board
| CEO | David Simon since 2019 |
|---|---|
| Founder | Herb Simon current |
| Founder | Melvin Simon current |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-10 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-15 | Shareholder Vote | read |
| 2026-05-11 | Earnings Release, Reg FD Disclosure… | read |
| 2026-03-24 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-03-05 | Material Agreement, Material Obligation… | read |
| 2026-02-05 | Officer / Director Change, Exhibits | read |
| 2026-02-05 | Other Material Event, Exhibits | read |
| 2026-02-02 | Earnings Release, Reg FD Disclosure… | read |
| 2025-11-03 | Earnings Release, Reg FD Disclosure… | read |
| 2025-08-07 | Officer / Director Change, Exhibits | read |
| 2025-08-04 | Earnings Release, Reg FD Disclosure… | read |
| 2025-05-15 | Shareholder Vote, Other Material Event… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-30 | LEIBOWITZ REUBEN S | Director | Buy | 430 | $95.95K |
| 2026-06-30 | GLASSCOCK LARRY C | Director | Buy | 330 | $73.64K |
| 2026-06-30 | Roe Peggy | Director | Buy | 80 | $17.85K |
| 2026-06-30 | Roe Peggy | Director | Buy | 3 | $670 |
| 2026-06-30 | LEIBOWITZ REUBEN S | Director | Buy | 53 | $11.93K |
| 2026-06-30 | LEIBOWITZ REUBEN S | Director | Buy | 25 | $5.60K |
| 2026-06-30 | SELIG STEFAN M | Director | Buy | 187 | $41.73K |
| 2026-06-30 | SELIG STEFAN M | Director | Buy | 33 | $7.39K |
| 2026-06-30 | Roe Peggy | Director | Buy | 6 | $1.34K |
| 2026-06-30 | GLASSCOCK LARRY C | Director | Buy | 54 | $12.15K |
Flow & Concentration
| Insider 180d net | $478.78K |
|---|---|
| Insider buys / sells | 26 / 0 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Connections
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
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $5.66B | +2.6% | |
| Operating income | $735.18M | -4.5% | |
| Cash from ops | $3.93B | +5.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $205.19 | $205.70 | $203.87 | $204.82 | 913.40K |
| Sep 24 | $204.56 | $205.60 | $203.41 | $204.70 | 869.70K |
| Sep 23 | $205.15 | $205.64 | $203.84 | $204.16 | 1.06M |
| Sep 22 | $205.61 | $206.19 | $204.68 | $205.95 | 1.08M |
| Sep 21 | $206.02 | $206.38 | $204.69 | $204.98 | 957.40K |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →