Evercore ISI Raises Simon Property Group (NYSE:SPG) Price Target to $198.00

Simon Property Group (NYSE:SPG) had its price target boosted by research analysts at Evercore ISI from $188.00 to $198.00 in a report released on Tuesday, Marketbeat Ratings reports. The brokerage currently has an “in-line” rating on the real estate investment trust’s stock. Evercore ISI’s price objective would indicate a potential upside of 1.18% from the company’s previous close.

Other analysts have also issued research reports about the stock. Morgan Stanley set a $205.00 price target on shares of Simon Property Group in a research report on Friday, January 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Simon Property Group in a research note on Friday, January 9th. UBS Group boosted their target price on shares of Simon Property Group from $180.00 to $189.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Barclays restated a “positive” rating and set a $188.00 target price on shares of Simon Property Group in a research report on Tuesday, January 13th. Finally, Stifel Nicolaus lifted their price target on Simon Property Group from $184.00 to $185.00 and gave the company a “hold” rating in a research report on Tuesday. Six equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $195.79.

Simon Property Group Stock Performance

Shares of SPG opened at $195.69 on Tuesday. The company has a debt-to-equity ratio of 4.42, a current ratio of 0.90 and a quick ratio of 1.44. The firm has a market cap of $63.89 billion, a PE ratio of 13.80, a PEG ratio of 6.97 and a beta of 1.39. Simon Property Group has a 1 year low of $136.34 and a 1 year high of $196.59. The stock’s fifty day moving average price is $185.25 and its two-hundred day moving average price is $180.16.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.02. Simon Property Group had a return on equity of 124.12% and a net margin of 72.71%.The company had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the firm posted $3.68 EPS. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. On average, equities research analysts forecast that Simon Property Group will post 12.54 EPS for the current year.

Insider Transactions at Simon Property Group

In other Simon Property Group news, Director Glyn Aeppel acquired 216 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were bought at an average price of $186.00 per share, for a total transaction of $40,176.00. Following the completion of the transaction, the director owned 19,481 shares of the company’s stock, valued at approximately $3,623,466. This represents a 1.12% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Reuben S. Leibowitz acquired 480 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were acquired at an average cost of $186.00 per share, with a total value of $89,280.00. Following the purchase, the director directly owned 53,639 shares of the company’s stock, valued at $9,976,854. This trade represents a 0.90% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have purchased 2,192 shares of company stock valued at $407,712. Corporate insiders own 8.66% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SPG. Trust Co. of Toledo NA OH purchased a new position in Simon Property Group in the 2nd quarter worth approximately $25,000. Stance Capital LLC bought a new stake in shares of Simon Property Group during the 3rd quarter worth $26,000. VSM Wealth Advisory LLC purchased a new position in Simon Property Group in the second quarter worth $30,000. Silicon Valley Capital Partners bought a new position in Simon Property Group in the second quarter valued at $30,000. Finally, Bell Investment Advisors Inc increased its stake in Simon Property Group by 205.6% in the second quarter. Bell Investment Advisors Inc now owns 217 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 146 shares during the last quarter. 93.01% of the stock is currently owned by institutional investors.

Trending Headlines about Simon Property Group

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)

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.