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Simon Property Group, Inc. (SPG)

211.24 -1.04 (-0.49%)
At close: October 28 at 4:00:02 PM EDT
209.00 -2.24 (-1.06%)
After hours: October 28 at 6:52:41 PM EDT
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7m ago
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Simon Property Group enters its upcoming third-quarter report with strong mall operating metrics, a higher dividend, and raised full-year guidance from its second-quarter update. The main debate centers on whether leasing strength and redevelopment returns can offset higher interest costs, retail bankruptcies, and substantial project commitments.

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  • Previous Close 212.28
  • Open 212.13
  • Bid 207.00 x 30000
  • Ask 213.80 x 10000
  • Day's Range 210.48 - 212.54
  • 52 Week Range 172.19 - 238.50
  • Volume 1,072,117
  • Avg. Volume 1,268,404
  • Market Cap (intraday) 80.192B
  • Beta (5Y Monthly) 1.33
  • PE Ratio (TTM) 14.98
  • EPS (TTM) 14.10
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield 8.90 (4.19%)
  • 1y Target Est 228.89
  • Morningstar Rating Rating available with Stock Picks access

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.

www.simon.com

3,100

Full Time Employees

December 31

Fiscal Year Ends

Real Estate

Sector

REIT - Retail

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

SPG
17.95%
S&P 500 (^GSPC)
13.13%

1-Year Return

SPG
25.04%
S&P 500 (^GSPC)
12.38%

3-Year Return

SPG
134.08%
S&P 500 (^GSPC)
88.08%

5-Year Return

SPG
87.29%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.66B
Earnings 483.14M
Profit Margin 29.11%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
1B
2B
3B
50.0%
100.0%
150.0%

Analyst Insights

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Analyst Price Targets

205.00
228.89 Average
211.24 Current
275.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/12/2026
Analyst Piper Sandler
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 285 -> 254

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    66.57%

  • Return on Assets (ttm)

    5.63%

  • Return on Equity (ttm)

    120.51%

  • Revenue (ttm)

    6.94B

  • Net Income Avi to Common (ttm)

    4.62B

  • Diluted EPS (ttm)

    14.10

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.02B

  • Total Debt/Equity (mrq)

    503.50%

  • Levered Free Cash Flow (ttm)

    2.6B

Company Insights

Research Reports

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