Gary Rodkin Buys 226 Shares of Simon Property Group (NYSE:SPG) Stock

Simon Property Group, Inc. (NYSE:SPG) Director Gary Rodkin bought 226 shares of Simon Property Group stock in a transaction on Wednesday, December 31st. The shares were acquired at an average cost of $186.00 per share, with a total value of $42,036.00. Following the completion of the acquisition, the director owned 19,455 shares of the company’s stock, valued at $3,618,630. The trade was a 1.18% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Simon Property Group Trading Up 1.8%

Shares of Simon Property Group stock opened at $186.38 on Wednesday. Simon Property Group, Inc. has a 1-year low of $136.34 and a 1-year high of $190.13. The company’s fifty day simple moving average is $183.16 and its 200-day simple moving average is $176.75. The company has a debt-to-equity ratio of 9.59, a current ratio of 1.44 and a quick ratio of 1.44. The stock has a market capitalization of $60.85 billion, a PE ratio of 27.13, a P/E/G ratio of 8.73 and a beta of 1.37.

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

Simon Property Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 10th were given a dividend of $2.20 per share. This represents a $8.80 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Wednesday, December 10th. This is an increase 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: Multiple directors purchased stock (aggregate ~2,192 shares at about $186 each on Dec. 31), a visible insider confidence signal. Insider trades summary
• Positive Sentiment: Simon raised its quarterly dividend to $2.20 (annualized $8.80, ~4.8% yield), which supports income-oriented investor demand. Note: payout ratio is elevated (see negative item). Dividend & stock summary
• Positive Sentiment: Several analysts have nudged up price targets (examples: Scotiabank, Barclays, Citi) and coverage remains largely Hold/Neutral which can prop sentiment when targets rise. Analyst coverage note
• Neutral Sentiment: Simon’s majority‑owned operating partnership sold $800M of 4.300% senior notes due 2031 — adds liquidity at a relatively low fixed rate and extends maturity profile, but increases outstanding debt. PR Newswire: Senior notes sale
• Neutral Sentiment: Institutional ownership remains very high (~93%); recent filings show small buys and reallocations by funds — a sign of steady institutional interest but limited fresh retail catalyst. Institutional holdings
• Negative Sentiment: Balance‑sheet/ payout concerns: reported debt/equity and a high dividend payout ratio (DPR ~128%) remain risks for sustainability and margin of safety—these metrics can cap valuation despite positive signals. Financial metrics & risks

Wall Street Analyst Weigh In

SPG has been the topic of a number of recent analyst reports. Evercore ISI raised their target price on shares of Simon Property Group from $187.00 to $188.00 and gave the stock an “in-line” rating in a research note on Friday, October 17th. Citigroup raised their price objective on shares of Simon Property Group from $170.00 to $185.00 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Simon Property Group in a report on Tuesday, October 14th. Morgan Stanley increased their price target on Simon Property Group from $170.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 11th. Finally, Piper Sandler boosted their price objective on 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 given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $189.83.

Institutional Trading of Simon Property Group

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

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.