Simon Property Group (NYSE:SPG) Director Purchases $42,036.00 in Stock

Simon Property Group, Inc. (NYSE:SPG) Director Gary Rodkin acquired 226 shares of Simon Property Group stock in a transaction on Wednesday, December 31st. The shares were bought at an average price of $186.00 per share, for a total transaction of $42,036.00. Following the purchase, the director owned 19,455 shares of the company’s stock, valued at $3,618,630. This represents a 1.18% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Simon Property Group Price Performance

Shares of NYSE SPG opened at $184.09 on Thursday. The company has a debt-to-equity ratio of 9.59, a current ratio of 1.44 and a quick ratio of 1.44. Simon Property Group, Inc. has a 1-year low of $136.34 and a 1-year high of $190.13. The company has a market capitalization of $60.10 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 8.89 and a beta of 1.37. The business has a 50-day moving average of $183.37 and a 200-day moving average of $176.80.

Simon Property Group (NYSE:SPG) last released its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $3.22 EPS for the quarter, topping the consensus estimate of $3.09 by $0.13. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.41 billion. Simon Property Group had a return on equity of 79.30% and a net margin of 38.18%.Simon Property Group’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $3.05 EPS. Simon Property Group has set its FY 2025 guidance at 12.600-12.700 EPS. On average, equities analysts anticipate that Simon Property Group, Inc. will post 12.54 EPS for the current fiscal year.

Simon Property Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 10th were given a dividend of $2.20 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This is an increase from Simon Property Group’s previous quarterly dividend of $2.15. This represents a $8.80 dividend on an annualized basis and a dividend yield of 4.8%. Simon Property Group’s dividend payout ratio is presently 128.09%.

Institutional Investors Weigh In On Simon Property Group

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Simon Property Group by 1.8% in the third quarter. Vanguard Group Inc. now owns 46,683,502 shares of the real estate investment trust’s stock worth $8,761,093,000 after purchasing an additional 844,190 shares in the last quarter. State Street Corp lifted its holdings in Simon Property Group by 1.5% during the 3rd quarter. State Street Corp now owns 21,765,492 shares of the real estate investment trust’s stock worth $4,084,730,000 after buying an additional 312,995 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Simon Property Group by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 9,592,471 shares of the real estate investment trust’s stock worth $1,536,565,000 after buying an additional 127,636 shares during the last quarter. Capital World Investors grew its position in shares of Simon Property Group by 45.0% in the 3rd quarter. Capital World Investors now owns 8,384,133 shares of the real estate investment trust’s stock worth $1,573,450,000 after acquiring an additional 2,600,508 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Simon Property Group by 634.5% in the 3rd quarter. Wellington Management Group LLP now owns 7,370,089 shares of the real estate investment trust’s stock valued at $1,383,145,000 after acquiring an additional 6,366,711 shares during the last quarter. Institutional investors and hedge funds own 93.01% of the company’s stock.

Key Stories Impacting Simon Property Group

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Company insiders and several directors bought shares in early January, signaling management confidence and providing a bullish signal to investors. Insider Buying Alert
• Neutral Sentiment: Analysts have nudged price targets higher in recent months (several brokers raised targets into the $180–$186 range), but the consensus rating remains largely “Hold,” so analyst action provides limited upside catalyst. Analyst Coverage Summary
• Neutral Sentiment: Investors are positioned for volatility ahead of SPG’s upcoming Q4 earnings; previews note watchpoints are leasing momentum, outlet and mall traffic trends, and whether guidance/achieved same‑store metrics align with expectations. Earnings Preview
• Negative Sentiment: Simon’s majority‑owned operating partnership priced $800 million of 4.300% senior notes due 2031 — a capital‑markets move that increases long‑dated debt on the balance sheet. Given SPG’s already elevated leverage metrics, the offering likely created near‑term selling pressure as investors weigh incremental debt against yield and growth prospects. Debt Offering Announcement

Analyst Upgrades and Downgrades

SPG has been the topic of several analyst reports. Piper Sandler lifted their price target on shares of Simon Property Group from $210.00 to $225.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Morgan Stanley raised their target price on Simon Property Group from $170.00 to $180.00 and gave the company an “equal weight” rating in a research note on Thursday, September 11th. Citigroup lifted their target price on Simon Property Group from $170.00 to $185.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Stifel Nicolaus increased their price target on Simon Property Group from $179.00 to $184.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Simon Property Group in a research note on Tuesday, October 14th. Four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $189.83.

About Simon Property Group

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.