Simon Property Group (NYSE:SPG) Director Randall Lewis Purchases 62 Shares

Simon Property Group, Inc. (NYSE:SPG) Director Randall Lewis purchased 62 shares of the stock in a transaction dated Tuesday, June 30th. The shares were bought at an average price of $223.16 per share, with a total value of $13,835.92. Following the completion of the acquisition, the director directly owned 7,018 shares of the company’s stock, valued at approximately $1,566,136.88. This represents a 0.89% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Simon Property Group Stock Down 0.3%

Shares of SPG opened at $222.88 on Thursday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84. Simon Property Group, Inc. has a 52 week low of $159.33 and a 52 week high of $228.57. The stock has a market capitalization of $72.28 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 4.04 and a beta of 1.29. The stock has a fifty day moving average of $208.41 and a 200-day moving average of $197.06.

Simon Property Group (NYSE:SPG) last issued its quarterly earnings data on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.02. The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.54 billion. Simon Property Group had a return on equity of 104.54% and a net margin of 70.60%.Simon Property Group’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.95 EPS. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. As a group, sell-side analysts anticipate that Simon Property Group, Inc. will post 13.21 earnings per share for the current fiscal year.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a $2.25 dividend. This is an increase from Simon Property Group’s previous quarterly dividend of $2.20. This represents a $9.00 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 9th. Simon Property Group’s payout ratio is currently 62.54%.

Institutional Trading of Simon Property Group

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in Simon Property Group during the 4th quarter worth approximately $295,000. Marshall Wace LLP boosted its stake in shares of Simon Property Group by 316.2% in the 2nd quarter. Marshall Wace LLP now owns 19,787 shares of the real estate investment trust’s stock valued at $3,181,000 after purchasing an additional 15,033 shares during the last quarter. Jump Financial LLC increased its position in shares of Simon Property Group by 80.1% during the second quarter. Jump Financial LLC now owns 16,881 shares of the real estate investment trust’s stock worth $2,714,000 after buying an additional 7,506 shares during the period. Cerity Partners LLC increased its position in shares of Simon Property Group by 1.7% during the second quarter. Cerity Partners LLC now owns 35,740 shares of the real estate investment trust’s stock worth $5,745,000 after buying an additional 598 shares during the period. Finally, NewEdge Advisors LLC raised its stake in Simon Property Group by 13.4% during the second quarter. NewEdge Advisors LLC now owns 28,444 shares of the real estate investment trust’s stock worth $4,573,000 after buying an additional 3,372 shares during the last quarter. 93.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on SPG. Barclays boosted their target price on shares of Simon Property Group from $212.00 to $213.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. JPMorgan Chase & Co. raised their price target on shares of Simon Property Group from $210.00 to $217.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Bank of America lifted their price target on shares of Simon Property Group from $225.00 to $236.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group raised shares of Simon Property Group to a “strong-buy” rating in a research note on Friday, June 26th. Finally, Truist Financial increased their price objective on Simon Property Group from $196.00 to $215.00 and gave the company a “hold” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $211.47.

Trending Headlines about Simon Property Group

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

• Positive Sentiment: Barclays raised its price target on Simon Property Group ahead of second-quarter earnings, signaling a more favorable view of the REIT’s near-term fundamentals and dividend appeal. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview
• Positive Sentiment: Multiple Simon Property Group directors bought shares on June 30, including several meaningful insider purchases, which can be read as a sign of confidence in the stock and the company’s valuation. SEC filing for director purchase
• Positive Sentiment: Simon announced it will report second-quarter 2026 results after the market close on August 10, setting up the next major catalyst for SPG shares. Simon Announces Date For Its Second Quarter 2026 Earnings Release And Conference Call
• Neutral Sentiment: Analysts have been mixed on Simon Property Group versus other REITs, so the latest commentary adds attention to the name but does not clearly change the investment case by itself. Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG) and EPR Properties (EPR)

Simon Property Group Company Profile

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.