Reuben Leibowitz Buys 480 Shares of Simon Property Group (NYSE:SPG) Stock

Simon Property Group, Inc. (NYSE:SPG) Director Reuben Leibowitz purchased 480 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were acquired at an average price of $186.00 per share, for a total transaction of $89,280.00. Following the completion of the transaction, the director directly owned 53,639 shares of the company’s stock, valued at $9,976,854. The trade was a 0.90% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Simon Property Group Stock Up 1.8%

SPG stock opened at $186.38 on Wednesday. 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 firm has a 50-day moving average of $183.16 and a two-hundred day moving average of $176.75. Simon Property Group, Inc. has a 12 month low of $136.34 and a 12 month high of $190.13. The company has a market cap of $60.85 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 8.73 and a beta of 1.37.

Simon Property Group (NYSE:SPG) last posted its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $3.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the business earned $3.05 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Simon Property Group has set its FY 2025 guidance at 12.600-12.700 EPS. As a group, analysts forecast that Simon Property Group, Inc. will post 12.54 earnings per share for the current fiscal year.

Simon Property Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 10th were issued a dividend of $2.20 per share. The ex-dividend date was Wednesday, December 10th. This represents a $8.80 annualized dividend and a dividend yield of 4.7%. This is a boost from Simon Property Group’s previous quarterly dividend of $2.15. Simon Property Group’s payout ratio is presently 128.09%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Evercore ISI lifted 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 lifted their price target 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. Scotiabank raised their target price on Simon Property Group from $173.00 to $186.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Truist Financial lifted their target price on Simon Property Group from $169.00 to $181.00 and gave the company a “hold” rating in a research report on Wednesday, December 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Simon Property Group in a report on Tuesday, October 14th. Four equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $189.83.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SPG. Trust Co. of Toledo NA OH acquired a new stake in shares of Simon Property Group in the second quarter valued at $25,000. Stance Capital LLC purchased a new position in Simon Property Group during the 3rd quarter valued at about $26,000. VSM Wealth Advisory LLC acquired a new position in Simon Property Group in the 2nd quarter valued at about $30,000. Silicon Valley Capital Partners purchased a new stake in Simon Property Group during the second quarter worth about $30,000. Finally, Bell Investment Advisors Inc lifted its position in shares of Simon Property Group by 205.6% during the second quarter. Bell Investment Advisors Inc now owns 217 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 146 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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

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.