Share Buyback Program Authorized by Simon Property Group (NYSE:SPG) Board

Posted by ABMN Staff on Feb 7th, 2026

Simon Property Group (NYSE:SPG – Get Free Report) announced that its Board of Directors has initiated a share buyback plan on Thursday, February 5th, RTT News reports. The company plans to repurchase $2.00 billion in shares. This repurchase authorization permits the real estate investment trust to buy up to 3.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts have commented on SPG shares. Barclays reaffirmed a “positive” rating and set a $188.00 target price on shares of Simon Property Group in a research note on Tuesday, January 13th. Mizuho set a $192.00 price target on shares of Simon Property Group in a research report on Friday, January 9th. Stifel Nicolaus upped their price objective on Simon Property Group from $184.00 to $185.00 and gave the company a “hold” rating in a report on Tuesday. Truist Financial increased their price objective on Simon Property Group from $169.00 to $181.00 and gave the stock a “hold” rating in a research report on Wednesday, December 17th. Finally, Piper Sandler restated an “overweight” rating and issued a $230.00 target price (up previously from $225.00) on shares of Simon Property Group in a research report on Tuesday. Six research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $197.93.

Get Our Latest Analysis on Simon Property Group

Simon Property Group Stock Up 1.3%

NYSE:SPG opened at $199.86 on Friday. The company has a quick ratio of 1.44, a current ratio of 0.90 and a debt-to-equity ratio of 4.42. The stock’s fifty day moving average is $185.75 and its two-hundred day moving average is $180.53. Simon Property Group has a 52 week low of $136.34 and a 52 week high of $201.40. The stock has a market capitalization of $65.25 billion, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 7.26 and a beta of 1.39.

Simon Property Group (NYSE:SPG – Get Free Report) last issued its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.02. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Simon Property Group had a return on equity of 124.12% and a net margin of 72.71%.The company’s revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.68 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. Research analysts anticipate that Simon Property Group will post 12.54 EPS for the current year.

Simon Property Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be paid a dividend of $2.20 per share. The ex-dividend date is Tuesday, March 10th. This represents a $8.80 dividend on an annualized basis and a yield of 4.4%. Simon Property Group’s dividend payout ratio is 62.06%.

Insider Buying and Selling at Simon Property Group

In other Simon Property Group news, Director Gary M. Rodkin bought 226 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, for a total transaction of $42,036.00. Following the acquisition, the director directly owned 19,455 shares in the company, valued at $3,618,630. This represents a 1.18% 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. Also, Director Glyn Aeppel purchased 216 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was acquired at an average cost of $186.00 per share, with a total value of $40,176.00. Following the transaction, the director directly owned 19,481 shares in the company, valued at $3,623,466. This trade represents a 1.12% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 2,192 shares of company stock valued at $407,712. Corporate insiders own 8.66% of the company’s stock.

Simon Property Group News Roundup

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

Positive Sentiment: Board authorizes a $2.0 billion common-stock repurchase (up to ~3.1% of shares), which reduces share count and signals management believes the shares may be undervalued — a direct shareholder-friendly catalyst. Simon Announces New $2.0 Billion Common Stock Repurchase Program
Positive Sentiment: JPMorgan raised its price target to $210 (neutral rating), implying modest upside from recent levels and lending support to the stock. Benzinga
Positive Sentiment: Evercore ISI also lifted its price target to $198, adding to the chorus of analyst upgrades after the quarter. Evercore ISI Raises Simon Property Group Price Target
Positive Sentiment: Market commentary (e.g., Zacks) lists SPG among intriguing post-Q4 names, reinforcing investor interest after the company’s strong quarterly results and guidance. 3 Intriguing Stocks to Watch After Q4 Earnings
Neutral Sentiment: Appointment of Martin J. Cicco to the board — governance update that slightly refreshes board composition but is unlikely to move the stock materially on its own. Simon Property Group Announces Appointment of Martin J. Cicco to Board of Directors
Neutral Sentiment: Coverage of the earnings call highlights both growth opportunities and risks — useful context for investors but not new quantitative catalysts beyond the buyback and guidance. Simon Property Group Earnings Call Highlights Growth, Risks
Negative Sentiment: Analyst/columnist views (Seeking Alpha) argue SPG is “back to fair value,” suggesting limited near-term upside and caution for valuation-sensitive investors. Simon Property Group: The Business Is Solid, But It’s Now Back To Fair Value

Simon Property Group Company Profile

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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.