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Simon Property Group, Inc. (SPG)

Real Estate | REIT - Retail | Indianapolis, United States | NYSE
219.49 USD +0.72 (0.329%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 220.00 +0.51 (0.232%) ⇧ (July 13, 2026, 7:53 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:★★★★☆
Hot Take | July 11, 2026, 3 a.m. EDT

Simon Property Group offers a compelling mix of strong operational growth and attractive income, though the balance sheet and historical price action introduce meaningful risk. The company is delivering robust results with revenue and earnings growth both exceeding 16%, backed by a 4% dividend yield that is comfortably covered by a 60% payout ratio. However, the long-term investment case is weighed down by a nine-year cumulative decline of roughly 27%, which signals that the market remains cautious about the company's ability to sustain its current valuation multiples despite the recent recovery. On the short end, technical momentum is favorable with the stock trading above key moving averages and options flow pointing toward upside targets between $230 and $260. While the fundamentals are strong, the high leverage and the long-term price trajectory keep the long-term outlook from reaching top-tier status, making this a solid hold for income but not a definitive buy-and-hold recommendation for capital preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.031007
MSTL0.036945
AutoARIMA0.037012
AutoETS0.037012

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 50%
H-stat 75.63
Ljung-Box p 0.000
Jarque-Bera p 0.034
Excess Kurtosis -0.28
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-06-08
Last Dividend Date 2026-06-08
Debt to Equity Ratio 457.473
Revenue per Share 20.393
Market Cap 83,401,728,000
Trailing P/E 15.27
Forward P/E 32.56
Beta 1.33
Profit Margins 70.59%
Website https://www.simon.com

As of July 11, 2026, 3 a.m. EDT: Speculators are positioning for upside with heavy call open interest concentrated at the $230 to $260 strikes for the 2026 and 2027 expirations, suggesting a target price well above the current level. There is also significant put open interest at lower strikes ($165-$190), indicating that traders are buying downside protection while maintaining a bullish bias. Implied volatility remains moderate, reflecting a balanced view rather than extreme fear or greed.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.06% 4.62% 5.11% 5.37%
Dividend History
Date Dividend Yield %
2026-06-09 2.250000 1.061872
2026-03-10 2.200000 1.145416
2025-12-10 2.200000 1.211120
2025-09-09 2.150000 1.198506
2025-06-09 2.100000 1.309064
2025-03-10 2.100000 1.270494
2024-12-09 2.100000 1.153149
2024-09-09 2.050000 1.265979
2024-06-07 2.000000 1.317610
2024-03-07 1.950000 1.302605
2023-12-07 1.900000 1.446517
2023-09-07 1.900000 1.660114
2023-06-08 1.850000 1.686264
2023-03-09 1.800000 1.534527
2022-12-08 1.800000 1.536885
2022-09-08 1.750000 1.706651
2022-06-08 1.700000 1.575971
2022-03-09 1.650000 1.244625
2021-12-09 1.650000 1.083815
2021-09-08 1.500000 1.135160
2021-07-01 1.400000 1.064315
2021-04-08 1.300000 1.137059
2020-12-23 1.300000 1.554094
2020-10-08 1.300000 1.855288
2020-07-09 1.300000 2.130449
2020-02-13 2.100000 1.514496
2019-11-14 2.100000 1.367455
2019-08-15 2.100000 1.419974
2019-05-16 2.050000 1.169357
2019-02-13 2.050000 1.114130
2018-11-15 2.000000 1.096371
2018-08-16 2.000000 1.131286
2018-05-16 1.950000 1.263690
2018-02-13 1.950000 1.254100
2017-11-15 1.850000 1.160748
2017-08-15 1.800000 1.142930
2017-05-15 1.750000 1.120645
2017-02-10 1.750000 0.961010
2016-11-14 1.650000 0.889057
2016-08-15 1.650000 0.770740
2016-05-13 1.600000 0.814291
2016-02-10 1.600000 0.882953
2015-11-12 1.600000 0.837346
2015-08-13 1.550000 0.812582
2015-05-13 1.500000 0.827175
2015-02-11 1.400000 0.727575
2014-11-12 1.300000 0.729026
2014-08-13 1.300000 0.771422
2014-05-14 1.222954 0.745969
2014-02-12 1.175917 0.791440
2013-11-13 1.128881 0.801711
2013-08-14 1.081844 0.753259
2013-05-15 1.081844 0.640241
2013-02-12 1.081844 0.705651
2012-11-14 1.034807 0.742491
2012-08-15 0.987770 0.665736
2012-05-15 0.940734 0.652444
2012-02-13 0.893697 0.694039
2011-12-14 0.188147 0.165962
2011-11-14 0.846660 0.720057
2011-08-15 0.752587 0.689477
2011-05-13 0.752587 0.694023
2011-02-10 0.752587 0.751809
2010-11-12 0.752587 0.796813
2010-08-13 0.564440 0.672193
2010-05-12 0.564440 0.657102
2010-02-11 0.564440 0.841869
2009-11-12 0.112888 0.167341
2009-08-13 0.111246 0.188201
2009-05-12 0.556886 1.167088
2009-02-10 0.835329 2.147972
2008-11-12 0.835329 1.754045
2008-08-13 0.835329 0.948767
2008-05-14 0.835329 0.883566
2008-02-13 0.835329 1.056586
2007-11-14 0.779640 0.859687
2007-08-15 0.779640 0.980278
2007-05-15 0.779640 0.774051
2007-02-12 0.779640 0.731007
2006-11-14 0.705389 0.791585
2006-08-15 0.705389 0.912037
2006-05-15 0.705389 0.931259
2006-02-15 0.705389 0.943865
2005-11-14 0.649700 0.937081
2005-08-15 0.649700 0.919359
2005-05-13 0.649700 1.050578
2005-02-16 0.649700 1.091703
2004-11-15 0.222754 0.386597
2004-10-15 0.380539 0.723615
2004-08-13 0.603293 1.235037
2004-05-13 0.603293 1.440922
2004-02-12 0.603293 1.207281
2003-11-12 0.556886 1.280683
2003-08-13 0.556886 1.434721
2003-05-14 0.556886 1.576873
2003-02-13 0.556886 1.797484
2002-11-13 0.510479 1.661632
2002-08-14 0.510479 1.571429
2002-05-15 0.510479 1.649176
2002-02-13 0.487275 1.726973
2001-11-15 0.487275 1.822916
2001-08-16 0.487275 1.755852
2001-05-16 0.487275 2.009184
2001-02-14 0.468712 1.977289
2000-11-01 0.468712 2.301993
2000-08-02 0.468712 1.928400
2000-05-03 0.468712 1.923809
2000-02-02 0.468712 2.082473
1999-11-03 0.468712 2.238226
1999-08-04 0.468712 1.937649
1999-05-05 0.468712 1.768052
1999-02-03 0.468712 1.901176
1998-11-04 0.030629 0.107100
1998-09-21 0.468712 1.836363
1998-08-04 0.468712 1.708244
1998-05-06 0.468712 1.518796
1998-02-04 0.468712 1.530302
1997-11-05 0.468712 1.629031
1997-08-06 0.468712 1.596837
1997-05-14 0.468712 1.719148
1997-02-05 0.456646 1.653780
1996-11-06 0.456646 1.813823
1996-08-12 0.456646 2.018460
1996-07-10 0.456646 2.093615
1996-04-10 0.456646 2.211234
1996-01-10 0.456646 2.104811
1995-10-06 0.456646 1.977888
1995-07-10 0.456646 1.948513
1995-03-30 0.456646 1.987877
1994-12-28 0.440868 1.958763
1994-09-29 0.440868 1.853659
1994-06-29 0.440868 1.800948
1994-03-22 0.440868 1.727273
Additional Data
dividendRate 8.8
dividendYield 4.02
exDividendDate 2026-06-09
trailingAnnualDividendRate 8.65
trailingAnnualDividendYield 0.03953924
lastDividendValue 2.25
lastDividendDate 2026-06-09
dividendDate 2026-06-30

Info Dump

Attribute Value
52 Week Change 0.34685707
Address1 225 West Washington Street
All Time High 229.59
All Time Low 18.968924
Ask 220.22
Ask Size 300
Audit Risk 9
Average Analyst Rating 2.4 - Buy
Average Daily Volume10 Day 2,686,010
Average Daily Volume3 Month 1,904,337
Average Volume 1,904,337
Average Volume10Days 2,686,010
Beta 1.327
Bid 215.25
Bid Size 400
Board Risk 5
Book Value 14.858
City Indianapolis
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 219.49
Current Ratio 0.196
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 221.62
Day Low 218.05
Debt To Equity 457.473
Display Name Simon Property
Dividend Date 1,782,777,600
Dividend Rate 8.8
Dividend Yield 4.02
Earnings Call Timestamp End 1,786,392,000
Earnings Call Timestamp Start 1,786,392,000
Earnings Growth 0.164
Earnings Quarterly Growth 0.159
Earnings Timestamp 1,786,392,000
Earnings Timestamp End 1,786,392,000
Earnings Timestamp Start 1,786,392,000
Ebitda 4,915,057,152
Ebitda Margins 0.73926
Enterprise To Ebitda 20.578
Enterprise To Revenue 15.213
Enterprise Value 101,142,880,256
Eps Current Year 6.44023
Eps Forward 6.74039
Eps Trailing Twelve Months 14.37
Esg Populated 0
Ex Dividend Date 1,780,963,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 210.5884
Fifty Day Average Change 8.901611
Fifty Day Average Change Percent 0.04227019
Fifty Two Week Change Percent 34.685707
Fifty Two Week High 229.59
Fifty Two Week High Change -10.099991
Fifty Two Week High Change Percent -0.043991424
Fifty Two Week Low 159.33
Fifty Two Week Low Change 60.160004
Fifty Two Week Low Change Percent 0.37758115
Fifty Two Week Range 159.33 - 229.59
Financial Currency USD
First Trade Date Milliseconds 755,879,400,000
Five Year Avg Dividend Yield 5.11
Float Shares 320,576,793
Forward Eps 6.74039
Forward P E 32.5634
Free Cashflow 2,494,690,560
Full Exchange Name NYSE
Full Time Employees 3,100
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.81582
Gross Profits 5,424,062,976
Has Pre Post Market Data 1
Held Percent Insiders 0.01798
Held Percent Institutions 0.94935995
Implied Shares Outstanding 379,979,626
Industry REIT - Retail
Industry Disp REIT - Retail
Industry Key reit-retail
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,780,963,200
Last Dividend Value 2.25
Last Fiscal Year End 1,767,139,200
Last Split Date 1,401,321,600
Last Split Factor 1,063:1000
Long Business Summary Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries. Simon Property Group, Inc. was incorporated in 1960 and is based in Indianapolis, Indiana.
Long Name Simon Property Group, Inc.
Market us_market
Market Cap 83,401,728,000
Market State PREPRE
Max Age 86,400
Message Board Id finmb_34378
Most Recent Quarter 1,774,915,200
Net Income To Common 4,690,144,768
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 70,944,904,048
Number Of Analyst Opinions 19
Open 218.27
Operating Cashflow 4,142,711,040
Operating Margins 0.43376
Overall Risk 9
Payout Ratio 0.60150003
Peg Ratio 4.58
Phone 317 636 1600
Post Market Change 0.5099945
Post Market Change Percent 0.23235431
Post Market Price 220.0
Post Market Time 1,783,986,808
Previous Close 218.77
Price Eps Current Year 34.08108
Price Hint 2
Price To Book 14.772513
Price To Sales Trailing12 Months 12.54428
Profit Margins 0.70594
Quick Ratio 0.195
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.42857
Region US
Regular Market Change 0.720001
Regular Market Change Percent 0.329113
Regular Market Day High 221.62
Regular Market Day Low 218.05
Regular Market Day Range 218.05 - 221.62
Regular Market Open 218.27
Regular Market Previous Close 218.77
Regular Market Price 219.49
Regular Market Time 1,783,972,802
Regular Market Volume 928,430
Return On Assets 0.05562
Return On Equity 1.1359
Revenue Growth 0.193
Revenue Per Share 20.393
Sand P52 Week Change 0.20847368
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 10
Shares Outstanding 324,281,912
Shares Percent Shares Out 0.0
Shares Short 2,009
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 385
Short Name Simon Property Group, Inc.
Short Percent Of Float 0.0
Short Ratio 0.0
Source Interval 15
State IN
Symbol SPG
Target High Price 255.0
Target Low Price 194.0
Target Mean Price 221.63158
Target Median Price 220.0
Total Cash 542,955,008
Total Cash Per Share 1.674
Total Debt 28,989,048,832
Total Revenue 6,648,586,240
Tradeable 0
Trailing Annual Dividend Rate 8.65
Trailing Annual Dividend Yield 0.03953924
Trailing Eps 14.37
Trailing P E 15.274183
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 193.42516
Two Hundred Day Average Change 26.06485
Two Hundred Day Average Change Percent 0.13475418
Type Disp Equity
Volume 928,430
Website https://www.simon.com
Zip 46,204-3438