Insider Buying: Simon Property Group (NYSE:SPG) Director Acquires $37,386.00 in Stock

Simon Property Group, Inc. (NYSE:SPG) Director Stefan Selig acquired 201 shares of the stock in a transaction dated Wednesday, December 31st. The stock was purchased at an average cost of $186.00 per share, with a total value of $37,386.00. Following the purchase, the director directly owned 32,277 shares of the company’s stock, valued at $6,003,522. This trade represents a 0.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Simon Property Group Stock Down 1.2%

Shares of NYSE SPG opened at $184.09 on Thursday. The company has a 50 day simple moving average of $183.37 and a 200 day simple moving average of $176.80. The company has a debt-to-equity ratio of 9.59, a current ratio of 1.44 and a quick ratio of 1.44. Simon Property Group, Inc. has a 1 year low of $136.34 and a 1 year high of $190.13. The firm has a market cap of $60.10 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 8.89 and a beta of 1.37.

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

Simon Property Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th were issued a dividend of $2.20 per share. This represents a $8.80 annualized dividend and a yield of 4.8%. The ex-dividend date was Wednesday, December 10th. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.15. Simon Property Group’s dividend payout ratio (DPR) is 128.09%.

Simon Property Group News Roundup

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

• Positive Sentiment: Company insiders and several directors bought shares in early January, signaling management confidence and providing a bullish signal to investors. Insider Buying Alert
• Neutral Sentiment: Analysts have nudged price targets higher in recent months (several brokers raised targets into the $180–$186 range), but the consensus rating remains largely “Hold,” so analyst action provides limited upside catalyst. Analyst Coverage Summary
• Neutral Sentiment: Investors are positioned for volatility ahead of SPG’s upcoming Q4 earnings; previews note watchpoints are leasing momentum, outlet and mall traffic trends, and whether guidance/achieved same‑store metrics align with expectations. Earnings Preview
• Negative Sentiment: Simon’s majority‑owned operating partnership priced $800 million of 4.300% senior notes due 2031 — a capital‑markets move that increases long‑dated debt on the balance sheet. Given SPG’s already elevated leverage metrics, the offering likely created near‑term selling pressure as investors weigh incremental debt against yield and growth prospects. Debt Offering Announcement

Institutional Trading of Simon Property Group

A number of hedge funds have recently made changes to their positions in SPG. Trust Co. of Toledo NA OH bought a new stake in Simon Property Group during the second quarter worth about $25,000. Stance Capital LLC bought a new position in shares of Simon Property Group in the third quarter worth approximately $26,000. VSM Wealth Advisory LLC purchased a new position in shares of Simon Property Group in the second quarter valued at about $30,000. Silicon Valley Capital Partners purchased a new position in Simon Property Group during the 2nd quarter valued at about $30,000. Finally, Bell Investment Advisors Inc raised its holdings 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 valued at $35,000 after acquiring an additional 146 shares in the last quarter. 93.01% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SPG has been the topic of several recent analyst reports. Scotiabank boosted their price target on Simon Property Group from $173.00 to $186.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Morgan Stanley lifted their price target on Simon Property Group from $170.00 to $180.00 and gave the company an “equal weight” rating in a research note on Thursday, September 11th. Evercore ISI upped 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. Barclays raised their target price on Simon Property Group from $180.00 to $186.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 18th. Finally, Truist Financial boosted their price objective on Simon Property Group from $169.00 to $181.00 and gave the company a “hold” rating in a research note on Wednesday, December 17th. Four analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Simon Property Group has an average rating of “Hold” and an average target price of $189.83.

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.