Market OverviewFinlify
Price Date: 2026/09/11
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.
MISSMISS compares latest EPS results against analyst estimates.

Finlify Score

28.6 / 100

Data Quality

FULL

Penalty

0.0

Sector

Real Estate

Close Price

$204.83

+0.08%

52W Range

$172.19 - $238.50

Market Cap

$68.7B

+0.1%

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

10 Buy16 Hold0 Sell

26 analysts in latest ratings feed

RSI

24.6

<40 oversold

2Y Range Position

67%

-14.1% from high / +50.2% from low

Beta

1.32

Relative to market benchmark

MACD

-1.01

MACD line -4.39 / signal line -3.38

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 date2026-09-11
Latest statement2026-03-31
Penalty0.0
Missing dataNone

Valuation Reference

P/E14.35x
P/B11.71x
P/S10.43x
EV / EBITDA29.38x

Price Chart

Close price, two-year source window

Finlify Score

AVOID

28.6 / 100

Relative Strength53.6 / 100
Accumulation & Volume14.3 / 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 Aug 1, 2026

The Finlify signal for SPG is AVOID, with a Finlify Score of 39.2 out of 100, suggesting a generally unfavorable outlook based on its underlying quantitative factors. This appears to be driven by particularly weak fundamental and financial quality scores.

Technical

While SPG exhibits strong Relative Strength at 75.1/100 and has seen a 14.4% return over 60 days, its Accumulation / Volume score of 35.1/100 suggests a lack of strong buying interest. The asset is also trading relatively close to its 52-week high, at -2.6% distance, with an RSI(14) of 58.6 indicating a somewhat neutral to slightly strong momentum.

Fundamentals

The asset's Fundamental Trend score of 10.9/100 and Financial Quality score of 23.9/100 appear notably low, indicating potential underlying weaknesses. Valuation metrics such as a P/B of 11.7x and P/S of 11.8x may suggest a relatively rich valuation, despite offering a dividend yield of 3.91%. Its Beta of 1.3 indicates it may be more volatile than the broader market.

Macro Context

The current macro environment, with a 10Y Treasury Yield at 4.7% and Core CPI YoY at 2.8%, may present headwinds for real estate assets like SPG, as higher interest rates can impact borrowing costs and property valuations. The upcoming earnings on 2026-08-10 could also be a significant event in this context.

Key Risks

  • The very low Fundamental Trend (10.9/100) and Financial Quality (23.9/100) scores suggest underlying business weaknesses.
  • Valuation multiples such as P/B of 11.7x and P/S of 11.8x may indicate the asset is trading at a premium.
  • As a real estate investment trust, SPG may be sensitive to the prevailing higher interest rate environment, with the 10Y Treasury Yield at 4.7%.