Simon Property Group Inc.
SIMON PROPERTY GROUP INC. is classified under Real Estate / Real Estate Investment Trusts and appears not currently profitable on the latest normalized snapshot.
Business. SIMON PROPERTY GROUP INC. (SPG) is a commercial real estate investment trust (REIT) that generates revenue primarily through rental income. The company is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol SPG. Specific details regarding its operating segments and geographic mix are not provided in the available data.
Analyst recommendations
22 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Developing storylines
Analysis
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Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressJonathan Jackson — Simon Property Group, Inc. Common2026-04-20 · Democrat · IL · Purchase · $15,001 - $50,000
- CongressValerie Hoyle — Simon Property Group, Inc. Common2025-09-23 · Democrat · OR · Sale · $1,001 - $15,000
- CongressVictoria Spartz — Simon Property Group, Inc. Common2025-04-03 · Republican · IN · Purchase · $1,001 - $15,000
- CongressGreg Landsman — Simon Property Group, Inc. Common2025-03-27 · Democrat · OH · Sale · $15,001 - $50,000
- CongressVictoria Spartz — Simon Property Group, Inc. Common2025-02-03 · Republican · IN · Purchase · $15,001 - $50,000
- CongressVictoria Spartz — Simon Property Group, Inc. Common2024-09-20 · Republican · IN · Sale · $1,000,001 - $5,000,000
Pre-earnings brief
Simon Property Group Inc. (SPG) experienced a significant shift in institutional positioning, marked by a major holder change involving investor ID 931. This investor adjusted their stake in the company, with the position size fluctuating between 36,631 shares and 69,075 shares as of March 31, 2026. The value of this holding correspondingly ranged between $6.83 million and $12.45 million, representing a portfolio weight between 0.0033% and 0.0060%. These adjustments were detected in late June 2026, highlighting active management of the position during the first quarter. This activity occurs within the context of SPG’s broader investor landscape, which includes 36 top holders and membership in one major index. The specific movements by investor ID 931, while representing a small fraction of the total portfolio, signal ongoing interest and rebalancing among institutional participants. The dual detection of share increases and decreases suggests a dynamic trading pattern or reporting adjustment rather than a static long-term hold, reflecting the liquidity and attention the stock commands. As this is the first analysis for this ticker, there is no prior basis for computing delta changes against historical trends. Consequently, the significance of these holder changes must be viewed in isolation, without comparison to previous quarters or years. The absence of prior data points means that the current activity establishes a new baseline for monitoring institutional behavior in SPG shares. The material changes summary confirms that no other significant events were recorded for this period, focusing attention solely on the holder activity. With no analyst count or officer changes reported, the primary signal for investors remains the institutional ownership shifts. This underscores the importance of tracking holder modifications as a key indicator of market sentiment for SPG in the absence of other corporate developments.
Signals & dispatch
Composite-score breakdown
Synthesis
SIMON PROPERTY GROUP INC. (SPG) is a commercial real estate investment trust (REIT) that generates revenue primarily through rental income. The company is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol SPG. Specific details regarding its operating segments and geographic mix are not provided in the available data.
SIMON PROPERTY GROUP INC. (SPG) is currently classified as Equity REITs within Real Estate Investment Trusts (Real Estate). Classification confidence: 0.93 (rule-based classification). Capital structure on the latest snapshot: total assets 39,639,081,000 USD, total equity 4,858,757,000, short-term debt 0, long-term debt 0. Net cash position is approximately 542,955,000 USD. Self-calculated market cap is 65,929,798,305 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 1,757,093,000, gross profit 0, operating income 762,163,000, net income 0. Risk profile from automated assessment: liquidity risk low, dilution risk medium. Flags: Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] allocator_boost: allocator_boost (allocator) on SPG — watcher=allocator; producer_version=ws49-p2a-v1; plan_date=2026-07-25; rank=38; ev=7.923101; company_id=2cbac357-53a2-4b5a-9d47-8e16f1289cdb; jurisdiction=US; term_contributions={'event_proximity': 1.646435, 'gradability': 2.0, 'staleness': 3.583519, 'credibility_interest': 0.693147}; days_since_analysis=35; pending_promises=1; reason=Allocator coverage boost rank #38 EV=7.923101 for SPG (hot+stale; days_since=35); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-25:SPG). Additional context: allocator_boost: watcher=allocator; producer_version=ws49-p2a-v1; plan_date=2026-07-25; rank=38; ev=7.923101; company_id=2cbac357-53a2-4b5a-9d47-8e16f1289cdb; jurisdiction=US; term_contributions={'event_proximity': 1.646435, 'gradability': 2.0, 'staleness': 3.583519, 'credibility_interest': 0.693147}; days_since_analysis=35; pending_promises=1; reason=Allocator coverage boost rank #38 EV=7.923101 for SPG (hot+stale; days_since=35); contributing_watchers=allocator.
Simon Property Group Inc. (SPG) experienced a significant shift in institutional positioning, marked by a major holder change involving investor ID 931. This investor adjusted their stake in the company, with the position size fluctuating between 36,631 shares and 69,075 shares as of March 31, 2026. The value of this holding correspondingly ranged between $6.83 million and $12.45 million, representing a portfolio weight between 0.0033% and 0.0060%. These adjustments were detected in late June 2026, highlighting active management of the position during the first quarter. This activity occurs within the context of SPG’s broader investor landscape, which includes 36 top holders and membership in one major index. The specific movements by investor ID 931, while representing a small fraction of the total portfolio, signal ongoing interest and rebalancing among institutional participants. The dual detection of share increases and decreases suggests a dynamic trading pattern or reporting adjustment rather than a static long-term hold, reflecting the liquidity and attention the stock commands. As this is the first analysis for this ticker, there is no prior basis for computing delta changes against historical trends. Consequently, the significance of these holder changes must be viewed in isolation, without comparison to previous quarters or years. The absence of prior data points means that the current activity establishes a new baseline for monitoring institutional behavior in SPG shares. The material changes summary confirms that no other significant events were recorded for this period, focusing attention solely on the holder activity. With no analyst count or officer changes reported, the primary signal for investors remains the institutional ownership shifts. This underscores the importance of tracking holder modifications as a key indicator of market sentiment for SPG in the absence of other corporate developments.
- Debt to equity is about 0.0x.
- [TRIGGER] allocator_boost: allocator_boost (allocator) on SPG — watcher=allocator; producer_version=ws49-p2a-v1; plan_date=2026-07-25; rank=38; ev=7.923101; company_id=2cbac357-53a2-4b5a-9d47-8e16f1289cdb; jurisdiction=US; term_contributions={'event_proximity': 1.646435, 'gradability': 2.0, 'staleness': 3.583519, 'credibility_interest': 0.693147}; days_since_analysis=35; pending_promises=1; reason=Allocator coverage boost rank #38 EV=7.923101 for SPG (hot+stale; days_since=35); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-25:SPG)
- Companyfacts coverage was partial; recent filing facts backfilled goodwill.
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Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue $1.76B; Operating income $762.2M.
- ▍Revenue $1.76B
- ▍Operating income $762.2M
- ▍Operating margin 43.4%
Revenue $4.57B; Operating income $2.28B.
- ▍Revenue $4.57B
- ▍Operating income $2.28B
- ▍Operating margin 50.0%
Revenue $2.97B; Operating income $1.47B.
- ▍Revenue $2.97B
- ▍Operating income $1.47B
- ▍Operating margin 49.5%
Revenue $6.36B; Operating income $3.18B.
- ▍Revenue $6.36B
- ▍Operating income $3.18B
- ▍Operating margin 49.9%
Revenue $1.60B; Operating income $812.9M.
- ▍Revenue $1.60B
- ▍Operating income $812.9M
- ▍Operating margin 50.8%
Revenue $1.50B; Operating income $744.2M.
- ▍Revenue $1.50B
- ▍Operating income $744.2M
- ▍Operating margin 49.7%
Revenue $1.47B; Operating income $727.6M.
- ▍Revenue $1.47B
- ▍Operating income $727.6M
- ▍Operating margin 49.4%
Revenue $5.96B; Operating income $3.09B.
- ▍Revenue $5.96B
- ▍Operating income $3.09B
- ▍Operating margin 51.9%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 6,65 |
| Revenue | —no estimate | —no estimate | 6,3B USD |
| Operating income | —no estimate | —no estimate | 3,2B USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director, CEO/PRESIDENT/COO · Restricted Stock Units → Common StockAcquired 3 117grant · 2026-05-13
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Enterprise Valuemarket_cap - net_cash
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- SIMON PROPERTY GROUP INC. company facts · 2026-07-25
- SIMON PROPERTY GROUP INC. 10-Q 2026-05-11 · 2026-07-25
- SIMON PROPERTY GROUP INC. 10-K 2026-02-25 · 2026-07-25
- SIMON PROPERTY GROUP INC. 10-Q 2025-11-06 · 2026-07-25
- SIMON PROPERTY GROUP INC. 10-Q 2025-08-07 · 2026-07-25
- allocator_boost (allocator) on SPG · 2026-07-25
- Simon Property Group Inc Market data — analyst estimates · 2026-07-25
- Simon Property Group Inc Market data — ESG · 2026-07-25
- Simon Property Group Inc — company reference export (2026-07-05) · 2026-07-25
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,32 %$1 706M
- Investment Managers · as of 2026-03-310,26 %$484M
- Investment Managers · as of 2026-03-310,23 %$1 688M
- Investment Managers · as of 2026-03-310,18 %$859M
- Investment Managers · as of 2024-12-310,17 %$612M
- Investment Managers · as of 2026-03-310,13 %$3 904M
- Investment Managers · as of 2025-12-310,13 %$8 695M
- Investment Managers · as of 2026-03-310,13 %$2 013M
- Investment Managers · as of 2026-03-310,12 %$933M
- Investment Managers · as of 2026-03-310,12 %$797M
- Investment Managers · as of 2024-06-300,12 %$5 133M
- Funds · as of 2026-03-310,09 %$605M
- Investment Managers · as of 2026-03-310,08 %$635M
- Investment Managers · as of 2026-03-310,08 %$1M
- Institutional Investor · as of 2026-03-310,07 %$388M
- Investment Managers · as of 2026-03-310,07 %$108M
- Institutional Investor · as of 2026-03-310,06 %$193M
- Investment Managers · as of 2026-03-310,06 %$1 011M
- Institutional Investor · as of 2026-03-310,06 %$252M
- Institutional Investor · as of 2026-03-310,05 %$939M
- Investment Managers · as of 2026-03-310,05 %$270M
- Investment Managers · as of 2026-03-310,04 %$135M
- Investment Managers · as of 2026-03-310,04 %$82M
- Investment Managers · as of 2026-03-310,04 %$79M
- Brokerage Firms · as of 2026-03-310,03 %$110M
- Investment Managers · as of 2026-03-310,03 %$55M
- Institutional Investor · as of 2026-03-310,03 %$63M
- Brokerage Firms · as of 2026-03-310,02 %$124M
- Investment Managers · as of 2026-03-310,02 %$27M
- Investment Managers · as of 2026-03-310,02 %$73M
- Investment Managers · as of 2026-03-310,02 %$59M
- Investment Managers · as of 2026-03-310,01 %$26M
- Institutional Investor · as of 2022-09-300,01 %$0M
- Institutional Investor · as of 2026-03-310,01 %$12M
- Institutional Investor · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
- Director · Common StockBought 11 @ $223,32$2K · 2026-06-30
- Director · Common StockBought 2 @ $223,37$447 · 2026-06-30
- Director · Common StockBought 179 @ $223,14$40K · 2026-06-30
- Director · Common StockBought 1 @ $224,10$224 · 2026-06-30
- Director · Common StockBought 2 @ $224,07$448 · 2026-06-30
- Director · Common StockBought 314 @ $223,14$70K · 2026-06-30
- Director · Common StockBought 187 @ $223,14$42K · 2026-06-30
- Director · Common StockBought 33 @ $224,01$7K · 2026-06-30
- Director · Common StockBought 80 @ $223,14$18K · 2026-06-30
- Director · Common StockBought 6 @ $223,27$1K · 2026-06-30
- Director · Common StockBought 3 @ $223,31$670 · 2026-06-30
- Director · Common StockBought 430 @ $223,14$96K · 2026-06-30
- Director · Common StockBought 53 @ $225,03$12K · 2026-06-30
- Director · Common StockBought 25 @ $223,94$6K · 2026-06-30
- Director · Common StockBought 330 @ $223,14$74K · 2026-06-30
- Director · Common StockBought 54 @ $224,92$12K · 2026-06-30
- Director · Common StockBought 13 @ $223,10$3K · 2026-06-30
- Director · Common StockBought 13 @ $223,14$3K · 2026-06-30
- Director · Common StockBought 44 @ $224,33$10K · 2026-06-30
- Director · Common StockBought 199 @ $223,14$44K · 2026-06-30
- Director · Common StockBought 2 @ $223,49$447 · 2026-06-30
- Director · Common StockBought 41 @ $223,14$9K · 2026-06-30
- Director · Common StockBought 4 @ $223,51$894 · 2026-06-30
- Director · Common StockBought 58 @ $223,14$13K · 2026-06-30
- Director · Common StockBought 4 @ $223,25$893 · 2026-06-30
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Debt-to-equity (FY 2025-12-31): 6.51xDerived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 25.3%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 17.7%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 95.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -41.2%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 95.2%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 17.2%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 8.4%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 2.7%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 6.7%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 77.0%Derived (calculated)
- EPS (basic) (annual): USD-PER-SHARES 14SEC XBRL filing
- Interest expense (annual): USD 974.84MSEC XBRL filing
- Revenue (annual): USD 6.36BSEC XBRL filing
- Cash & equivalents (annual): USD 823.15MSEC XBRL filing
- Shareholders' equity (annual): USD 5.21BSEC XBRL filing
- Operating cash flow (annual): USD 4.14BSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 14SEC XBRL filing
- Operating income (annual): USD 3.18BSEC XBRL filing
- Total liabilities (annual): USD 33.9BSEC XBRL filing
- Long-term debt (annual): USD 28.43BSEC XBRL filing
- Total assets (annual): USD 40.61BSEC XBRL filing
- Operating income (YoY) (2024-12-31 vs 2023-12-31): 10.2%Derived (calculated)
- EPS (basic) (YoY) (2024-12-31 vs 2023-12-31): 4.0%Derived (calculated)