Simon Property Group, Inc. $SPG reported second-quarter 2026 revenue of $1.8 billion, up 19.5% from a year earlier and ahead of the $1.6 billion estimate. Gross profit rose 21.1% year over year to $1.5 billion, while operating profit increased 10.7% to $824.1 million.
Profitability at the bottom line was much weaker. Net income attributable to common shareholders fell 89.6% to $57.8 million, and diluted earnings per share dropped to $0.29, well below the $1.69 estimate.
Cash from operating activities came in at $218.7 million, up 5.6% from a year ago. The company also reported:
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Simon Property Group, Inc. Insider Trading Activity
Simon Property Group, Inc. insiders have traded $SPG stock on the open market 39 times in the past 6 months. Of those trades, 38 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SPG stock by insiders over the last 6 months:
- JOHN RULLI (CHIEF ADMINISTRATIVE OFFICER) sold 10,000 shares for an estimated $2,008,800
- REUBEN S LEIBOWITZ has made 4 purchases buying 999 shares for an estimated $203,721 and 0 sales.
- LARRY C GLASSCOCK has made 4 purchases buying 770 shares for an estimated $157,239 and 0 sales.
- DANIEL C. SMITH has made 4 purchases buying 727 shares for an estimated $148,318 and 0 sales.
- GARY M RODKIN has made 4 purchases buying 488 shares for an estimated $99,816 and 0 sales.
- GLYN AEPPEL has made 3 purchases buying 464 shares for an estimated $94,895 and 0 sales.
- STEFAN M SELIG has made 3 purchases buying 426 shares for an estimated $86,982 and 0 sales.
- MARTA R STEWART has made 4 purchases buying 378 shares for an estimated $76,639 and 0 sales.
- PEGGY ROE has made 4 purchases buying 170 shares for an estimated $34,748 and 0 sales.
- RANDALL J LEWIS has made 3 purchases buying 118 shares for an estimated $24,128 and 0 sales.
- NINA P JONES has made 3 purchases buying 79 shares for an estimated $16,212 and 0 sales.
- MARTIN J CICCO has made 2 purchases buying 15 shares for an estimated $3,347 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Simon Property Group, Inc. Hedge Fund Activity
We have seen 648 institutional investors add shares of Simon Property Group, Inc. stock to their portfolio, and 535 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 2,819,401 shares (+127.2%) to their portfolio in Q1 2026, for an estimated $525,902,868
- WELLINGTON MANAGEMENT GROUP LLP added 1,207,755 shares (+15.2%) to their portfolio in Q1 2026, for an estimated $225,282,540
- CANADA PENSION PLAN INVESTMENT BOARD added 1,190,655 shares (+117.0%) to their portfolio in Q1 2026, for an estimated $222,092,877
- GOLDMAN SACHS GROUP INC added 971,334 shares (+39.9%) to their portfolio in Q1 2026, for an estimated $181,182,931
- NUVEEN, LLC removed 828,423 shares (-22.4%) from their portfolio in Q1 2026, for an estimated $154,525,742
- CAPITAL RESEARCH GLOBAL INVESTORS added 826,812 shares (+inf%) to their portfolio in Q1 2026, for an estimated $154,225,242
- STATE STREET CORP removed 574,739 shares (-2.7%) from their portfolio in Q2 2026, for an estimated $128,540,377
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Simon Property Group, Inc. Congressional Stock Trading
Members of Congress have traded $SPG stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SPG stock by members of Congress over the last 6 months:
- REPRESENTATIVE JONATHAN L. JACKSON purchased up to $50,000 on 04/20.
- SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
Simon Property Group, Inc. Price Targets
Multiple analysts have issued price targets for $SPG recently. We have seen 10 analysts offer price targets for $SPG in the last 6 months, with a median target of $215.0.
Here are some recent targets:
- Michael Goldsmith from UBS set a target price of $222.0 on 07/09/2026
- Steve Sakwa from Evercore ISI Group set a target price of $215.0 on 07/07/2026
- Samir Khanal from B of A Securities set a target price of $236.0 on 06/29/2026
- Richard Hightower from Barclays set a target price of $213.0 on 06/25/2026
- Ki Bin Kim from Truist Securities set a target price of $215.0 on 06/23/2026
- Nicholas Yulico from Scotiabank set a target price of $220.0 on 06/18/2026
- Ronald Kamdem from Morgan Stanley set a target price of $207.0 on 06/10/2026
