Stock events for Simon Property Group, Inc. (SPG)
In the past six months, Simon Property Group's stock price has experienced various movements. As of June 27, 2025, the share price was $160.50, an increase of 2.05% from the prior week. Over the past 30 days (leading up to June 30, 2025), SPG was down 1.32%, but it was up 9.72% over the past 12 months. The stock's 52-week high was $190.13 on March 3, 2025, and its 52-week low was $136.34 on April 9, 2025. Specific events include Simon acquiring Swire Properties' interest in Brickell City Centre, expanding National Outlet Shopping Day™, reporting First Quarter 2025 results, announcing the date for its First Quarter 2025 earnings release, opening its first Premium Outlets® in Indonesia, and Simon Media & Experiences teaming up with Adentro.
Demand Seasonality affecting Simon Property Group, Inc.’s stock price
Demand seasonality for Simon Property Group is primarily influenced by retail shopping trends, with retailers increasing inventories during holiday seasons. The holiday shopping season, particularly around Black Friday, sees a significant increase in shopper traffic at Simon's properties, indicating a clear seasonal peak in demand for their retail spaces during major shopping periods. For example, on Black Friday weekend in 2024, Simon reported a 6.4% increase in year-over-year traffic across its portfolio, with malls seeing a 7.1% gain.
Overview of Simon Property Group, Inc.’s business
Simon Property Group, Inc. (SPG) is a global retail real estate investment trust (REIT) based in the United States. The company operates within the Real Estate sector, specifically in the REIT - Retail and Residential & Commercial REITs industries. SPG's core business involves the ownership, development, and management of premier shopping, dining, entertainment, and mixed-use destinations. Its diverse portfolio includes traditional shopping malls, Premium Outlets, The Mills, lifestyle centers, and other retail properties. Simon Property Group's business model is anchored in securing long-term leases with national and international retailers, expert property management, and continuous reinvestment in its portfolio through development and redevelopment initiatives.
SPG’s Geographic footprint
Simon Property Group has an expansive global footprint, with properties and interests across North America, Europe, and Asia. As of December 31, 2024, the company owned or had an interest in 229 properties, encompassing 183 million square feet. This includes a majority ownership in The Taubman Realty Group and a 22.4% ownership interest in Klepierre. Simon also has joint venture interests in 33 premium outlets across 11 countries.
SPG Corporate Image Assessment
Simon Property Group has an outstanding reputation for innovative retail property ownership, management, and development, and has been recognized by Fortune magazine. While specific negative events impacting brand reputation in the past year are not detailed, the company employs a crisis response agency to manage potential issues such as shootings, thefts, and protests, indicating a proactive approach to maintaining brand reputation.
Ownership
Simon Property Group, Inc. (SPG) has significant institutional ownership, with 2,148 institutional owners and shareholders holding 342,017,614 shares, accounting for 87.26% of the company's ownership. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Individual ownership accounts for 9.40% of the company, with insiders holding 3.34%. The largest individual shareholder is Herbert Simon, who owns 4.31 million shares, representing 1.32% of the company.
Ask Our Expert AI Analyst
Price Chart
$160.76