Simon Property Group (NYSE:SPG) Director Acquires $14,508.00 in Stock

Simon Property Group, Inc. (NYSE:SPGGet Free Report) Director Peggy Roe acquired 78 shares of Simon Property Group stock in a transaction on Wednesday, December 31st. The shares were bought at an average cost of $186.00 per share, with a total value of $14,508.00. Following the completion of the purchase, the director owned 6,804 shares in the company, valued at $1,265,544. The trade was a 1.16% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Simon Property Group Trading Down 1.2%

NYSE:SPG opened at $184.09 on Thursday. Simon Property Group, Inc. has a 12-month low of $136.34 and a 12-month high of $190.13. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 9.59. The stock’s 50 day simple moving average is $183.37 and its 200-day simple moving average is $176.80. The firm has a market cap of $60.10 billion, a P/E ratio of 26.80, a PEG ratio of 8.89 and a beta of 1.37.

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

Simon Property Group Increases Dividend

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

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

A number of equities research analysts have commented on SPG shares. Evercore ISI raised their target price on Simon Property Group from $187.00 to $188.00 and gave the company an “in-line” rating in a report on Friday, October 17th. Truist Financial increased their price target on shares of Simon Property Group from $169.00 to $181.00 and gave the company a “hold” rating in a report on Wednesday, December 17th. Stifel Nicolaus boosted their price objective on shares of Simon Property Group from $179.00 to $184.00 and gave the stock a “hold” rating in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Simon Property Group in a report on Tuesday, October 14th. Finally, Piper Sandler lifted their price target on shares of Simon Property Group from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. 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 company presently has an average rating of “Hold” and an average price target of $189.83.

View Our Latest Analysis on Simon Property Group

Hedge Funds Weigh In On Simon Property Group

Hedge funds have recently added to or reduced their stakes in the business. Procyon Advisors LLC purchased a new stake in shares of Simon Property Group in the fourth quarter valued at about $405,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Simon Property Group by 4.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,582 shares of the real estate investment trust’s stock worth $293,000 after purchasing an additional 65 shares during the last quarter. CWA Asset Management Group LLC lifted its stake in Simon Property Group by 14.3% in the 4th quarter. CWA Asset Management Group LLC now owns 2,575 shares of the real estate investment trust’s stock valued at $477,000 after buying an additional 323 shares in the last quarter. Aventura Private Wealth LLC acquired a new stake in Simon Property Group during the 4th quarter valued at $58,000. Finally, BCGM Wealth Management LLC increased its position in Simon Property Group by 1.6% during the fourth quarter. BCGM Wealth Management LLC now owns 10,803 shares of the real estate investment trust’s stock worth $2,000,000 after buying an additional 172 shares in the last quarter. 93.01% of the stock is currently owned by hedge funds and other institutional investors.

About Simon Property Group

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Simon Property Group (NYSE:SPG)

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