Simon Property Group (NYSE:SPG) Hits New 1-Year High – Here’s What Happened

Simon Property Group, Inc. (NYSE:SPG)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $196.59 and last traded at $195.69, with a volume of 1989002 shares traded. The stock had previously closed at $189.42.

Simon Property Group News Summary

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

• Positive Sentiment: Reported record 2025 FFO, beat Q4 estimates and provided FY‑2026 FFO guidance (~$13.00–$13.25), citing strong leasing, higher base rents and mid‑single-digit domestic NOI growth — supports earnings durability and valuation. Simon Property outlines $13.13 FFO guidance & $4B pipeline
• Positive Sentiment: Announced an over $250M redevelopment program across three recently acquired/high‑end assets (The Mall at Green Hills, Cherry Creek Shopping Center, International Plaza) — signals active capex to drive higher rents and shopper traffic at premium centers. Transforming the Future of Luxury Retail: Simon Announces Major Redevelopments
• Positive Sentiment: Q4 metrics show robust leasing momentum and occupancy in the mid‑90% range at U.S. malls/outlets; Zacks notes FFO beat driven by revenue, rent and lease income gains. This operational strength underpins the dividend and buyback capacity. Simon Property Q4 FFO Beats Estimates (Zacks)
• Positive Sentiment: Raised dividend: quarterly payout announced ($2.20/share; ~4.6% yield annualized) and management continues repurchases — shareholder returns are being increased after record results. Simon Property Delivers Record 2025 Results, Hikes Dividend
• Positive Sentiment: Sell‑side support: Bank of America reiterated a Buy and highlights conservative 2026 FFO guidance, strong leasing and a high‑return redevelopment pipeline (price target above current levels). Buy Rating on Simon Property (TipRanks)
• Neutral Sentiment: Macro/valuation context — MarketBeat and others note that rate predictability (not necessarily big cuts) would help REITs; Simon is near the high end of its 52‑week range, so upside may be more tied to multiple expansion than operating surprise. 2 REITs That Look Attractive in a Stable Rate Environment
• Neutral Sentiment: Evercore raised its price target modestly but kept an “in‑line” rating, suggesting limited near‑term upside per that shop — a reminder analysts differ on how much multiple expansion remains. Evercore Raises SPG Price Target (The Fly)

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SPG shares. UBS Group raised their price objective on Simon Property Group from $180.00 to $189.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Simon Property Group from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Tuesday, January 20th. Evercore ISI lifted their price objective on shares of Simon Property Group from $188.00 to $198.00 and gave the stock an “in-line” rating in a research report on Tuesday. Piper Sandler reissued an “overweight” rating and issued a $230.00 price objective (up from $225.00) on shares of Simon Property Group in a research report on Tuesday. Finally, Morgan Stanley set a $205.00 target price on shares of Simon Property Group in a research note on Friday, January 16th. Six equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Simon Property Group currently has an average rating of “Hold” and an average target price of $195.79.

Simon Property Group Stock Up 3.3%

The company has a current ratio of 0.90, a quick ratio of 1.44 and a debt-to-equity ratio of 4.42. The stock has a market cap of $63.89 billion, a P/E ratio of 13.80, a PEG ratio of 6.97 and a beta of 1.39. The firm has a 50-day simple moving average of $185.25 and a two-hundred day simple moving average of $180.16.

Simon Property Group (NYSE:SPG) last released its quarterly earnings results on Monday, February 2nd. The real estate investment trust reported $3.49 EPS for the quarter, beating the consensus estimate of $3.47 by $0.02. Simon Property Group had a net margin of 72.71% and a return on equity of 124.12%. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the company posted $3.68 earnings per share. Simon Property Group’s revenue was up 13.2% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. Equities research analysts expect that Simon Property Group, Inc. will post 12.54 earnings per share for the current fiscal year.

Simon Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be given a $2.20 dividend. This represents a $8.80 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Tuesday, March 10th. Simon Property Group’s payout ratio is presently 128.09%.

Insider Buying and Selling at Simon Property Group

In related news, Director Larry C. Glasscock bought 363 shares of the business’s stock in a transaction dated Wednesday, December 31st. The stock was purchased at an average cost of $186.00 per share, for a total transaction of $67,518.00. Following the transaction, the director owned 43,899 shares in the company, valued at $8,165,214. The trade was a 0.83% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Glyn Aeppel bought 216 shares of Simon Property Group stock in a transaction dated Wednesday, December 31st. The shares were bought at an average cost of $186.00 per share, for a total transaction of $40,176.00. Following the completion of the acquisition, the director owned 19,481 shares in the company, valued at $3,623,466. This represents a 1.12% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 2,192 shares of company stock valued at $407,712 over the last ninety days. 8.66% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Simon Property Group

Several institutional investors and hedge funds have recently bought and sold shares of SPG. Brighton Jones LLC acquired a new position in shares of Simon Property Group in the 4th quarter valued at approximately $295,000. Ameritas Advisory Services LLC bought a new position in Simon Property Group in the second quarter valued at approximately $141,000. Wealthcare Advisory Partners LLC bought a new position in Simon Property Group in the second quarter valued at approximately $451,000. KLP Kapitalforvaltning AS raised its position in Simon Property Group by 2.6% during the second quarter. KLP Kapitalforvaltning AS now owns 187,742 shares of the real estate investment trust’s stock valued at $30,181,000 after purchasing an additional 4,700 shares in the last quarter. Finally, Optas LLC lifted its stake in Simon Property Group by 5.8% during the second quarter. Optas LLC now owns 1,917 shares of the real estate investment trust’s stock worth $308,000 after purchasing an additional 105 shares during the last quarter. Institutional investors own 93.01% of the company’s stock.

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.