Simon Property Group Inc SPG

What the company does

Simon Property Group Inc is a large-cap company in the Real Estate sector (REIT - Retail), with a market value of $80.3B, based in the USA.

It employs about 3,100 people and has been listed since Dec 13, 1993.

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.

Cheap or expensive? no comparison basis

Price-to-earnings (p/e): 14.9. We have no good comparison group for this stock, so the number stands alone.

Revenue is growing 20% versus the same quarter last year.

On analysts' next-year forecasts the multiple rises to 30.8 — they expect lower earnings.

The average analyst price target is 228.89, 8% above the current price (their view, not ours).

The stock sits at 66% of its one-year range (0% = the low, 100% = the high).

The risks

• ⚠️ Net debt is 6.4× shareholders' equity — high leverage.
• • Quarterly report in 11 days (2026-11-05) — a day the stock can move a lot.

Strengths

• ✅ Profitable — 27 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ Buys back its shares (1% fewer shares in a year).
• ✅ Most analysts rate it buy (6 vs 0).
• ✅ Revenue is growing 20% a year.
• ✅ Pays a dividend (4.2% a year).

What changed this week

Over the past week the stock rose 3.0% (for comparison: S&P 500 -0.4%, sector ETF XLRE +1.0%).

This week's news

• iShares U.S. Real Estate ETF (IYR) Sells $9.5 Million More Welltower on Oct. 21 finance.yahoo.com · 2026-10-23
  What the article says

  This article first appeared on GuruFocus. iShares U.S. Real Estate ETF (IYR) recorded a net outflow of $92.0 million in Wednesday's session, with ETF activity limited entirely to selling. The fund bought no stock and reduced all 58 of its positions, against $3.92 billion in assets. What did IYR sell on Wednesday?… source ↗

• Agree Realty (ADC) Beats Q3 FFO and Revenue Estimates finance.yahoo.com · 2026-10-20
  What the article says

  Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.15 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to FFO of $1.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of +0.88%. A… source ↗

• Is it Wise to Retain Macerich Stock in Your Portfolio Now? finance.yahoo.com · 2026-10-20
  What the article says

  Macerich MAC is well-positioned to benefit from a premium mall portfolio, improving occupancy, strong retailer demand and Path Forward initiatives. Strategic dispositions, redevelopment projects and a robust leasing pipeline further strengthen its growth prospects. However, tenant bankruptcies, store closures,… source ↗

• iShares Select U.S. REIT ETF (ICF) Sells Welltower and Equinix on Oct. 16 finance.yahoo.com · 2026-10-20
  What the article says

  This article first appeared on GuruFocus. iShares Select U.S. REIT ETF (ICF) was the sole mover in this ETF activity, selling $152.2 million of stock last Friday against no purchases. The $1.90 billion fund decreased all 30 of its positions and increased none, leaving net buying at -$152.2 million. What did ICF sell… source ↗

• What iShares U.S. Real Estate ETF (IYR) Sold: Welltower Leads on Oct. 16 finance.yahoo.com · 2026-10-20
  What the article says

  This article first appeared on GuruFocus. iShares U.S. Real Estate ETF (IYR) posted a net outflow of $170.0 million in Friday's session, with $170.0 million sold and no purchases. The ETF activity reduced all 58 of its positions and increased none, leaving its $3.88 billion portfolio uniformly trimmed. What did IYR… source ↗

• Simon Property Group (SPG) Stock Still Looks Discounted After Its 124% Run finance.yahoo.com · 2026-10-18
  What the article says

  Simon Property Group has delivered a strong share price run in recent years, and with the stock now around US$205, the key issue for you is whether that market value lines up with the cash the business can generate. Over the past 3 years the stock has returned 124.2%, which puts a lot of investor expectation on Simon… source ↗

What changed since last week

• New risk flag: earnings report coming up.

• The price rose 3.0% since the last summary.