Market OverviewFinlify
Price Date: 2026/07/30
SPG logo

SPG - Simon Property Group Inc

The largest US retail REIT, owning a premium portfolio of malls and outlet centers that have proven more resilient than expected by pivoting toward experiential tenants and mixed-use development.

AVOIDFundamental GapCurrent data points to a weaker relative setup or heavier score deductions.
UPCOMINGUpcoming earnings report is within the next 14 days.

Finlify Score

39.2 / 100

Data Quality

FULL

Penalty

0.0

Sector

Real Estate

Close Price

$230.44

-2.19%

52W Range

$159.70 - $231.53

Market Cap

$72.5B

-2.2%

Compared to previous day

2026 Q1 Revenue

$1.8B

-1.9%

Changes from last reporting quarter

2026 Q1 EPS

$1.00

Diluted shares

Analyst Rating

11 Buy15 Hold0 Sell

26 analysts in latest ratings feed

RSI

68.7

40-70 moderate

2Y Range Position

92%

-3.4% from high / +69.0% from low

Beta

1.33

Relative to market benchmark

MACD

0.35

MACD line 4.19 / signal line 3.84

Fundamental Trend

Growth 10.9
Revenue QoQ-1.9%
Revenue YoY+19.3%
EPS QoQ-90.0%
EPS YoY0.0%
Gross margin QoQ-
Operating margin QoQ-6.3%
Net margin QoQ-165.2%

Financial Health

Quality 23.9
Debt / equity4.65x
Debt ratio+71.3%
Cash / debt proxy0.02x
Cash / assets+1.4%

Data Quality

FULL
As of date2026-07-30
Latest statement2026-03-31
Penalty0.0
Missing dataNone

Valuation Reference

P/E16.04x
P/B11.71x
P/S11.67x
EV / EBITDA31.84x

Price Chart

Close price, two-year source window

Finlify Score

AVOID

39.2 / 100

Relative Strength75.1 / 100
Accumulation & Volume35.1 / 100
Fundamental Trend10.9 / 100
Financial Quality23.9 / 100
Data Quality FULLNo penalty

Score History

Finlify Score and component trend

Financial Statements

Calendar year view. Figures are estimates only. For official figures, refer to the company website.

2026 Q12025 Q42025 Q32025 Q2
Revenue$1.8B-1.9%$1.8B+11.9%$1.6B+6.9%$1.5B+1.7%
Gross Profit----
Operating Income$762M-14.4%$891M+9.6%$813M+9.2%$744M+2.3%
Net Income$569M-83.9%$3.5B+403.8%$703M+9.2%$644M+34.7%

Columns use the calendar quarter of each reported period end date. QoQ is shown for adjacent company reporting quarters only.

AI Signal

Generated Jul 25, 2026

The Finlify signal for SPG is HOLD, with a Finlify Score of 48.5 out of 100, suggesting a neutral quantitative stance. This appears to be driven by strong technical indicators offset by weaker fundamental trends and financial quality.

Technical

Technical indicators for SPG appear robust, with a Relative Strength score of 74.5/100 and an exceptionally strong Accumulation / Volume score of 91.8/100. The asset has shown positive recent performance, with a 60-day return of 11.9% and is currently trading close to its 52-week high, at -1.5% distance.

Fundamentals

Conversely, the fundamental components appear weaker, with a Fundamental Trend score of 10.9/100 and Financial Quality at 23.9/100. SPG currently trades at a P/E of 16.0x, P/B of 11.7x, and P/S of 11.7x, and offers a dividend yield of 4.00%. Its Beta of 1.3 suggests higher volatility relative to the broader market.

Macro Context

The current macro environment, characterized by a 10Y Treasury Yield of 4.7% and elevated inflation metrics (CPI YoY at 3.7%, Core PCE YoY at 3.4%), may present headwinds for real estate assets like SPG, potentially impacting borrowing costs and property valuations.

Key Risks

  • Weak underlying fundamental trends and financial quality, as indicated by scores of 10.9/100 and 23.9/100 respectively.
  • Sensitivity to interest rates, with the 10Y Treasury Yield at 4.7% potentially impacting real estate valuations and financing costs.
  • Relatively high valuation multiples (P/B 11.7x, P/S 11.7x) which may suggest a premium, especially in light of the weaker fundamental scores.