Simon Property Group (NYSE:SPG) Director Purchases $89,280.00 in Stock

Simon Property Group, Inc. (NYSE:SPG) Director Reuben Leibowitz purchased 480 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was bought at an average price of $186.00 per share, for a total transaction of $89,280.00. Following the transaction, the director directly owned 53,639 shares in the company, valued at $9,976,854. This trade represents a 0.90% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Simon Property Group Trading Down 1.2%

Shares of SPG stock opened at $184.09 on Thursday. The company has a market capitalization of $60.10 billion, a P/E ratio of 26.80, a price-to-earnings-growth ratio of 8.89 and a beta of 1.37. 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 business’s 50 day moving average is $183.37 and its two-hundred day moving average is $176.80. Simon Property Group, Inc. has a twelve month low of $136.34 and a twelve month high of $190.13.

Simon Property Group (NYSE:SPG) 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 forecast that Simon Property Group, Inc. will post 12.54 EPS for the current 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 issued a $2.20 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.15. This represents a $8.80 annualized dividend and a dividend yield of 4.8%. Simon Property Group’s payout ratio is presently 128.09%.

Analyst Ratings Changes

SPG has been the subject of a number of recent analyst reports. Stifel Nicolaus raised their price objective on shares of Simon Property Group from $179.00 to $184.00 and gave the company a “hold” rating in a research report on Tuesday, November 4th. Barclays increased their target price on Simon Property Group from $180.00 to $186.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Simon Property Group in a report on Tuesday, October 14th. 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. Finally, Citigroup boosted their target price on shares of Simon Property Group from $170.00 to $185.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Four research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $189.83.

Institutional Trading of Simon Property Group

A number of institutional investors have recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Simon Property Group during the 4th quarter worth $295,000. State of Wyoming purchased a new position in Simon Property Group during the 1st quarter valued at about $118,000. Focus Partners Advisor Solutions LLC raised its position in Simon Property Group by 9.1% during the first quarter. Focus Partners Advisor Solutions LLC now owns 1,699 shares of the real estate investment trust’s stock worth $282,000 after acquiring an additional 141 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Simon Property Group by 45.4% in the first quarter. AQR Capital Management LLC now owns 211,810 shares of the real estate investment trust’s stock valued at $34,773,000 after purchasing an additional 66,174 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of Simon Property Group in the first quarter valued at approximately $539,000. 93.01% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about 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

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.