Simon Property Group (NYSE:SPG) Director Reuben Leibowitz Purchases 508 Shares

Simon Property Group, Inc. (NYSE:SPG) Director Reuben Leibowitz purchased 508 shares of the stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average cost of $223.38 per share, for a total transaction of $113,477.04. Following the completion of the transaction, the director owned 55,797 shares of the company’s stock, valued at $12,463,933.86. The trade was a 0.92% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Simon Property Group Price Performance

NYSE SPG opened at $222.88 on Thursday. Simon Property Group, Inc. has a twelve month low of $159.33 and a twelve month high of $228.57. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $72.28 billion, a PE ratio of 15.49, a P/E/G ratio of 4.04 and a beta of 1.29. The stock has a 50-day simple moving average of $208.41 and a 200 day simple moving average of $197.06.

Simon Property Group (NYSE:SPG) last released its earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.02. The firm 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%.The company’s revenue was up 19.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.95 EPS. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. Research analysts anticipate that Simon Property Group, Inc. will post 13.21 EPS for the current year.

Simon Property Group Increases Dividend

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

Institutional Investors Weigh In On Simon Property Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Stance Capital LLC acquired a new stake in shares of Simon Property Group during the 3rd quarter valued at about $26,000. Wilkerson Advisory Group LLC acquired a new position in Simon Property Group in the fourth quarter worth about $29,000. SHP Wealth Management bought a new position in Simon Property Group during the fourth quarter worth about $34,000. Dynamic Wealth Strategies LLC boosted its holdings in Simon Property Group by 195.8% during the first quarter. Dynamic Wealth Strategies LLC now owns 210 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 139 shares in the last quarter. Finally, Tompkins Financial Corp acquired a new stake in Simon Property Group during the fourth quarter valued at approximately $42,000. Institutional investors own 93.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SPG. JPMorgan Chase & Co. increased their price target on shares of Simon Property Group from $210.00 to $217.00 and gave the company a “neutral” rating in a report on Monday, June 1st. Stifel Nicolaus upped their price objective on shares of Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research report on Tuesday, May 12th. Bank of America increased their target price on shares of Simon Property Group from $225.00 to $236.00 and gave the company a “buy” rating in a research note on Monday. Barclays lifted their target price on Simon Property Group from $212.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Finally, UBS Group set a $220.00 price target on Simon Property Group in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $211.47.

Simon Property Group News Roundup

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)

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.