Simon Property Group (SPG) Stock Insights

SPG price $211.00 -1.28 -0.61%

Ticker
SPG
Price
$211.00
Change
-1.28 -0.61%
Market cap ?
$68.27B
P/E ?
15.04
Forward P/E ?
31.74
Dividend yield ?
4.18%
Beta ?
1.33
Sector
Real Estate
Industry
REIT - Retail
Stocklytics score
49
Value
44
Quality
50
Growth
54

Stocklytics score rationale: value 44, quality 50, growth 54.

Financials

2016201720182019202020212022202320242025
5435229000552733600056452880005755189000460750300051167890005291447000565883600059637980006364505000

Simon Property Group (NYSE: SPG) is a prominent S&P 100 real estate investment trust that specializes in owning and developing a portfolio of world-class shopping, dining, entertainment, and mixed-use destinations. These significant properties, strategically located across North America, Europe, and Asia, serve as vital community hubs, attracting millions of visitors daily and contributing billions in annual revenue.

Fair value

SPG fair value $90.41. Price $211.00. Price is 133% above fair value.

Above fair value, around its usual premium.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 3.22B. Growth 4.61%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.63% (beta 1.3). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 323.55M. Net debt 28.36B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Model uncertainty high for this stock

Compare SPG

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-05—1.69—1.63B
2026-08-101.491.641.66B1.61B
2026-05-111.481.461.76B1.54B
2026-02-029.351.901.79B1.49B
2025-11-031.861.971.60B1.40B
2025-08-041.701.601.50B1.38B
2025-05-121.271.361.47B1.35B
2025-02-042.041.981.58B1.41B
2024-11-012.841.571.48B1.33B
2024-08-051.511.511.46B1.30B
2024-05-062.251.361.44B1.31B
2024-02-052.301.881.53B1.38B
2023-10-301.821.511.41B1.27B
2023-08-021.491.501.37B1.26B
2023-05-021.381.441.35B1.26B
2023-02-062.063.141.40B1.29B
2022-11-011.651.481.32B1.24B
2022-08-011.511.471.28B1.22B
2022-05-091.301.251.30B1.20B
2022-02-073.092.881.33B1.26B
2021-11-013.132.471.30B1.16B
2021-08-022.922.371.25B963.10M
2021-05-101.362.251.24B1.11B
2021-02-080.860.911.13B1.09B
2020-11-090.482.251.06B1.40B
2020-08-100.830.941.06B265.51M
2020-05-111.431.651.35B1.56B
2020-02-041.662.951.49B744.31M
2019-10-301.773.051.42B1.01B
2019-07-311.601.631.40B3.49B
2019-04-301.783.021.45B1.44B
2019-02-012.301.901.46B731.01M
2018-10-251.801.731.40B1.35B
2018-07-301.771.641.39B1.28B
2018-04-272.001.521.39B1.06B
2018-01-311.841.771.43B1.37B
2017-10-271.651.631.40B1.39B
2017-08-011.231.251.36B1.37B
2017-04-271.531.481.35B1.30B
2017-01-311.261.641.43B1.64B

Dividends

Yield 4.22%. Payout ratio 72.51%. Frequency Quarterly.

Safety score 74/100 · Moderate. Payout ratio is 73% of earnings. Dividends use most of free cash flow. Dividends were paid in 33 separate years. Yield is 4.2%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-09-09$2.252026-09-092026-09-30Quarterly
2026-06-09$2.252026-06-092026-06-30Quarterly
2026-03-10$2.202026-03-102026-03-31Quarterly
2025-12-10$2.202025-12-102025-12-31Quarterly
2025-09-09$2.152025-09-092025-09-30Quarterly
2025-06-09$2.102025-06-092025-06-30Quarterly
2025-03-10$2.102025-03-102025-03-31Quarterly
2024-12-09$2.102024-12-092024-12-30Quarterly
2024-09-09$2.052024-09-092024-09-30Quarterly
2024-06-07$2.002024-06-072024-06-28Quarterly
2024-03-07$1.952024-03-082024-03-29Quarterly
2023-12-07$1.902023-12-082023-12-29Quarterly
2023-09-07$1.902023-09-082023-09-29Quarterly
2023-06-08$1.852023-06-092023-06-30Quarterly
2023-03-09$1.802023-03-102023-03-31Quarterly
2022-12-08$1.802022-12-092022-12-30Quarterly
2022-09-08$1.752022-09-092022-09-30Quarterly
2022-06-08$1.702022-06-092022-06-30Quarterly
2022-03-09$1.652022-03-102022-03-31Quarterly
2021-12-09$1.652021-12-102021-12-31Quarterly
2021-09-08$1.502021-09-092021-09-30Quarterly
2021-07-01$1.402021-07-022021-07-23Quarterly
2021-04-08$1.302021-04-092021-04-23Quarterly
2020-12-23$1.302020-12-242021-01-22Quarterly
2020-10-08$1.302020-10-092020-10-23Quarterly
2020-07-09$1.302020-07-102020-07-24Semi-Annual
2020-02-13$2.102020-02-142020-02-28Quarterly
2019-11-14$2.102019-11-152019-11-29Quarterly
2019-08-15$2.102019-08-162019-08-30Quarterly
2019-05-16$2.052019-05-172019-05-31Quarterly
2019-02-13$2.052019-02-142019-02-28Quarterly
2018-11-15$2.002018-11-162018-11-30Quarterly
2018-08-16$2.002018-08-172018-08-31Quarterly
2018-05-16$1.952018-05-172018-05-31Quarterly
2018-02-13$1.952018-02-142018-02-28Quarterly
2017-11-15$1.852017-11-162017-11-30Quarterly
2017-08-15$1.802017-08-172017-08-31Quarterly
2017-05-15$1.752017-05-172017-05-31Quarterly
2017-02-10$1.752017-02-142017-02-28Quarterly
2016-11-14$1.652016-11-162016-11-30Quarterly
2016-08-15$1.652016-08-172016-08-31Quarterly
2016-05-13$1.602016-05-172016-05-31Quarterly
2016-02-10$1.602016-02-122016-02-29Quarterly
2015-11-12$1.602015-11-162015-11-30Quarterly
2015-08-13$1.552015-08-172015-08-31Quarterly
2015-05-13$1.502015-05-152015-05-29Quarterly
2015-02-11$1.402015-02-132015-02-27Quarterly
2014-11-12$1.302014-11-142014-11-28Quarterly
2014-08-13$1.302014-08-152014-08-29Quarterly
2014-05-14$1.222014-05-162014-05-30Quarterly
2014-02-12$1.182014-02-142014-02-28Quarterly
2013-11-13$1.132013-11-152013-11-29Quarterly
2013-08-14$1.082013-08-162013-08-30Quarterly
2013-05-15$1.082013-05-172013-05-31Quarterly
2013-02-12$1.082013-02-142013-02-28Quarterly
2012-11-14$1.032012-11-162012-11-30Quarterly
2012-08-15$0.992012-08-172012-08-31Quarterly
2012-05-15$0.942012-05-172012-05-31Quarterly
2012-02-13$0.892012-02-152012-02-29Quarterly
2011-12-14$0.192011-12-162011-12-30Monthly
2011-11-14$0.852011-11-162011-11-30Quarterly
2011-08-15$0.752011-08-172011-08-31Quarterly
2011-05-13$0.752011-05-172011-05-31Quarterly
2011-02-10$0.752011-02-142011-02-28Quarterly
2010-11-12$0.752010-11-162010-11-30Quarterly
2010-08-13$0.562010-08-172010-08-31Quarterly
2010-05-12$0.562010-05-142010-05-28Quarterly
2010-02-11$0.562010-02-162010-02-26Quarterly
2009-11-12$0.112009-11-162009-12-18Quarterly
2009-08-13$0.112009-08-172009-09-18Quarterly
2009-05-12$0.562009-05-142009-06-19Quarterly
2009-02-10$0.842009-02-122009-03-18Quarterly
2008-11-12$0.842008-11-142008-11-28Quarterly
2008-08-13$0.842008-08-152008-08-29Quarterly
2008-05-14$0.842008-05-162008-05-30Quarterly
2008-02-13$0.842008-02-152008-02-29Quarterly
2007-11-14$0.782007-11-162007-11-30Quarterly
2007-08-15$0.782007-08-172007-08-31Quarterly
2007-05-15$0.782007-05-172007-05-31Quarterly
2007-02-12$0.782007-02-142007-02-28Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-30Roe PeggyBuy88$202.7817.84K
2026-09-30STEWART MARTA RBuy199$202.7840.35K
2026-09-30Smith Daniel C.Buy350$202.7870.97K
2026-09-30SELIG STEFAN MBuy208$202.7842.18K
2026-09-30RODKIN GARY MBuy232$202.7847.04K
2026-09-30LEWIS RANDALL JBuy65$202.7813.18K
2026-09-30LEIBOWITZ REUBEN SBuy480$202.7897.33K
2026-09-30Jones Nina PBuy46$202.789.33K
2026-09-30GLASSCOCK LARRY CBuy367$202.7874.42K
2026-09-30Cicco Martin JBuy15$202.783.04K
2026-09-30Aeppel GlynBuy222$202.7845.02K
2026-08-31Jackson Matthew ASell250$214.5653.64K
2026-08-31SOKOLOV RICHARD SSell2.31K$214.56494.78K
2026-08-31Simon EliSell5.82K$214.561.25M
2026-08-31Kelly Kevin MSell1.43K$214.56307.68K
2026-08-20Simon EliBuy7.68M——
2026-08-20Simon EliBuy57.55K——
2026-08-20Simon EliBuy8.00K——
2026-06-30SELIG STEFAN MBuy33$224.017.39K
2026-06-30SELIG STEFAN MBuy187$223.1441.73K
2026-06-30Roe PeggyBuy3$223.31670
2026-06-30Roe PeggyBuy6$223.271.34K
2026-06-30Roe PeggyBuy80$223.1417.85K
2026-06-30LEIBOWITZ REUBEN SBuy25$223.945.60K
2026-06-30LEIBOWITZ REUBEN SBuy53$225.0311.93K
2026-06-30LEIBOWITZ REUBEN SBuy430$223.1495.95K
2026-06-30GLASSCOCK LARRY CBuy13$223.102.90K
2026-06-30GLASSCOCK LARRY CBuy54$224.9212.15K
2026-06-30GLASSCOCK LARRY CBuy330$223.1473.64K
2026-06-30Cicco Martin JBuy2$223.37447
2026-06-30Cicco Martin JBuy13$223.142.90K
2026-06-30STEWART MARTA RBuy2$224.07448
2026-06-30STEWART MARTA RBuy1$224.10224
2026-06-30STEWART MARTA RBuy179$223.1439.94K
2026-06-30Smith Daniel C.Buy11$223.322.46K
2026-06-30Smith Daniel C.Buy47$224.4110.55K
2026-06-30Smith Daniel C.Buy314$223.1470.07K
2026-06-30RODKIN GARY MBuy4$223.25893
2026-06-30RODKIN GARY MBuy43$224.319.65K
2026-06-30RODKIN GARY MBuy209$223.1446.64K
2026-06-30LEWIS RANDALL JBuy4$223.51894
2026-06-30LEWIS RANDALL JBuy58$223.1412.94K
2026-06-30Jones Nina PBuy2$223.49447
2026-06-30Jones Nina PBuy41$223.149.15K
2026-06-30Aeppel GlynBuy44$224.339.87K
2026-06-30Aeppel GlynBuy199$223.1444.40K
2026-05-13Simon EliBuy3.12K——
2026-05-13Roe PeggyBuy1.07K——
2026-05-13STEWART MARTA RBuy1.12K——
2026-05-13LEIBOWITZ REUBEN SBuy1.16K——
2026-05-13Cicco Martin JBuy1.07K——
2026-05-13Smith Daniel C.Buy1.07K——
2026-05-13SELIG STEFAN MBuy1.11K——
2026-05-13RODKIN GARY MBuy1.07K——
2026-05-13LEWIS RANDALL JBuy1.07K——
2026-05-13Jones Nina PBuy1.07K——
2026-05-13GLASSCOCK LARRY CBuy1.23K——
2026-05-13Aeppel GlynBuy1.12K——
2026-04-01RULLI JOHNSell1.16K$186.53215.63K
2026-04-01Reuille AdamSell391$186.5372.93K
2026-04-01Kelly Kevin MBuy1.36K——
2026-04-01Kelly Kevin MSell478$186.5389.16K
2026-04-01Jackson Matthew ABuy1.36K——
2026-04-01Jackson Matthew ASell447$186.5383.38K
2026-04-01Frey Donald GBuy2.72K——
2026-04-01Frey Donald GSell1.31K$186.53244.73K
2026-04-01FIVEL STEVEN ESell1.05K$186.53195.48K
2026-04-01Simon EliSell2.03K$186.53378.66K
2026-03-31STEWART MARTA RBuy196$183.8036.02K
2026-03-31Smith Daniel C.Buy355$183.8065.25K
2026-03-31SELIG STEFAN MBuy206$183.8037.86K
2026-03-31Roe PeggyBuy81$183.8014.89K
2026-03-31RODKIN GARY MBuy232$183.8042.64K
2026-03-31LEWIS RANDALL JBuy56$183.8010.29K
2026-03-31Jones Nina PBuy36$183.806.62K
2026-03-31LEIBOWITZ REUBEN SBuy491$183.8090.25K
2026-03-31GLASSCOCK LARRY CBuy373$183.8068.56K
2026-03-31Aeppel GlynBuy221$183.8040.62K
2026-03-11Frey Donald GBuy6.25K——
2026-03-11Frey Donald GBuy990——
2026-03-11Jackson Matthew ABuy858——
2026-03-11Reuille AdamBuy6.25K——
2026-03-11Kelly Kevin MBuy3.12K——
2026-03-11Kelly Kevin MBuy990——
2026-03-11RULLI JOHNBuy24.98K——
2026-03-11FIVEL STEVEN EBuy24.98K——
2026-03-11FIVEL STEVEN EBuy4.62K——
2026-03-11McDade Brian J.Buy31.23K——
2026-03-11McDade Brian J.Buy4.62K——
2026-03-11Simon EliBuy18.74K——
2026-03-11Simon EliBuy6.59K——
2026-03-11SIMON DAVIDBuy124.90K——
2026-03-02SIMON DAVIDBuy20.62K——
2026-03-02SIMON DAVIDSell20.62K——
2026-03-02Simon EliBuy3.09K——
2026-03-02Simon EliSell1.26K$203.85257.46K
2026-03-02Simon EliSell3.09K——
2026-03-02RULLI JOHNBuy4.12K——
2026-03-02RULLI JOHNSell1.19K$203.85242.79K
2026-03-02RULLI JOHNSell4.12K——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.42K, holders +50 vs prior quarter. Ownership 94.91%.

HolderSharesChangeChange %Value
BLACKROCK, INC.37.27M455.54K+1.24%8.34B
VANGUARD PORTFOLIO MANAGEMENT LLC27.88M4.78M+20.70%6.24B
VANGUARD CAPITAL MANAGEMENT LLC20.63M58.52K+0.28%4.61B
STATE STREET CORP20.36M-574.74K-2.75%4.55B
GEODE CAPITAL MANAGEMENT, LLC11.34M510.20K+4.71%2.53B
CAPITAL WORLD INVESTORS10.52M1.47M+16.28%2.35B
WELLINGTON MANAGEMENT GROUP LLP9.39M242.71K+2.65%2.10B
BANK OF AMERICA CORP /DE/8.25M-254.63K-2.99%1.84B
COHEN & STEERS, INC.5.87M-11.39K-0.19%1.31B
MORGAN STANLEY5.57M144.80K+2.67%1.24B
FMR LLC5.56M526.28K+10.45%1.24B
NORTHERN TRUST CORP5.07M70.84K+1.42%1.13B
DIMENSIONAL FUND ADVISORS LP4.55M-54.00K-1.17%1.02B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.4.53M4.53MNew1.01B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC4.53M253.63K+5.94%1.01B
JPMORGAN CHASE & CO4.28M-1.40M-24.61%973.21M
NORGES BANK4.29M4.29MNew960.19M
PRICE T ROWE ASSOCIATES INC /MD/4.11M543.48K+15.22%920.31M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC3.60M3.60MNew806.17M
INVESCO LTD.3.54M302.32K+9.33%792.68M
LEGAL & GENERAL GROUP PLC3.51M-183.88K-4.98%783.97M
GOLDMAN SACHS GROUP INC3.09M-318.80K-9.36%690.58M
NUVEEN, LLC2.86M-7.84K-0.27%640.73M
BOSTON PARTNERS2.37M70.57K+3.07%530.63M
DEUTSCHE BANK AG\2.29M-155.11K-6.34%512.25M

Insights

Revenue by product
PeriodValue
FY2024Real Estate Segment: 5542315000.0
FY2025Real Estate Segment: 6016625000.0
Revenue by region
PeriodValue
FY2013Europe: 1500000000.0
FY2014Europe: 1200000000.0
FY2015Europe: 1500000000.0
FY2016Europe: 1500000000.0
FY2017Europe: 1500000000.0
FY2018Europe: 1600000000.0
FY2019Europe: 1500000000.0
FY2020Europe: 1300000000.0
FY2021Europe: 1200000000.0

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Simon Property Group (SPG) Stock Insights

SPG$211.00-1.28 -0.61%

$68.27B

Market Cap

15.04

P/E

31.74

Forward P/E

49

Score

Price History