Simon Property Group, Inc. (SPG)
Simon Property Group is a massive American real estate company that owns and manages high-end shopping malls, outlet centres, and mixed-use properties.
Is Simon Property Group, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Dominant position in the premium shopping mall market. Worth weighing: High sensitivity to interest rate changes which affect borrowing costs.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Simon Property Group, Inc. do?
Simon Property Group makes its money by leasing space to retailers in some of the most popular shopping destinations across the United States. Think of them as the landlord for thousands of shops, collecting rent from big-name brands and smaller boutiques alike. Much hinges on how they refresh their properties to keep shoppers coming back in an era where online shopping is so convenient.
On our factor screen it looks strongest on quality and momentum, and weakest on value.
- ✓Pays a dividend - about 4.0% a year
- ✓Growing - revenue up about 20% over the year
- ✓Very profitable - turns about 67% of sales into profit
- !Carries a lot of debt - roughly 5.3x its equity
- ✓Strong return on shareholder money (ROE 124%)
- Quality screens high
- Value screens low
Does Simon Property Group, Inc. pay a dividend?
Yes - Simon Property Group, Inc. currently pays a dividend of about 4.0% a year, which is £40 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →
What do the numbers say about Simon Property Group, Inc.'s dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
Most recent ex-dividend date: 9 Jun 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →
What do Simon Property Group, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Simon Property Group, Inc. actually fallen?
Over the last 2 years of daily prices, Simon Property Group, Inc. fell as much as −25% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns Simon Property Group, Inc.?
About 96% of Simon Property Group, Inc., or about 96 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 2%. The rest, roughly 2%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Simon Property Group, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Where does each £100 of Simon Property Group, Inc.'s sales go?
A rough split of the latest full-year figures: of every £100 of sales, about £19 covers making the product or service, £14 goes on running costs, tax and interest, and about £67 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.
When does Simon Property Group, Inc. report earnings, and how did recent quarters go?
Simon Property Group, Inc. is next scheduled to report on about 2026-11-02 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-08-10 | $1.57 | $1.73 | Beat +10% |
| 2026-05-11 | $1.49 | $1.22 | Missed -18% |
| 2026-02-02 | $1.97 | $1.04 | Missed -47% |
| 2025-11-03 | $1.68 | $1.60 | Missed -5% |
| 2025-08-04 | $1.61 | $1.36 | Missed -15% |
| 2025-05-12 | $1.44 | $1.45 | Beat +1% |
Across the last 6 quarters here, Simon Property Group, Inc. came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Simon Property Group, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Expansion into new international markets or high-growth residential projects.
A fundamental shift away from physical shopping malls as a primary retail channel.
What are the pros and cons of Simon Property Group, Inc.?
A balance check, not a score or verdict.
- Dominant position in the premium shopping mall market.
- Strong track record of generating profit from their property assets.
- Consistent history of paying dividends to shareholders.
- High sensitivity to interest rate changes which affect borrowing costs.
- The retail sector faces constant pressure from the growth of online shopping.
- Large, physical properties are expensive to maintain and renovate.
- Economic downturns could lead to retailers struggling to pay rent.
- Changes in consumer behaviour could reduce the appeal of traditional malls.
- High debt levels common in the property sector can become a burden if rates rise.
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained, significant drop in occupancy rates across their major malls.
- A major change in the company's ability to borrow money at reasonable rates.
Common questions about Simon Property Group, Inc.
Does Simon Property Group, Inc. pay a dividend?
Yes - Simon Property Group, Inc. currently pays a dividend of about 4.0% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.
When does Simon Property Group, Inc. report earnings next?
Simon Property Group, Inc. is next scheduled to report results on about 2026-11-02. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.