Rep. Jonathan L. Jackson Purchases Shares of Simon Property Group, Inc. (NYSE:SPG)

Representative Jonathan L. Jackson (Democratic-Illinois) recently bought shares of Simon Property Group, Inc. (NYSE:SPG). In a filing disclosed on May 27th, the Representative disclosed that they had bought between $15,001 and $50,000 in Simon Property Group stock on April 20th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Visa (NYSE:V) on 4/24/2026.
• Sold $1,001 – $15,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 4/24/2026.
• Sold $15,001 – $50,000 in shares of Tenet Healthcare (NYSE:THC) on 4/20/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 4/15/2026.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/20/2026.
• Sold $15,001 – $50,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of BP (NYSE:BP) on 3/19/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/9/2026.

Simon Property Group Stock Performance

Simon Property Group stock opened at $204.52 on Friday. The stock’s 50 day moving average price is $197.87 and its 200 day moving average price is $191.87. The firm has a market capitalization of $66.32 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 3.74 and a beta of 1.33. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84. Simon Property Group, Inc. has a one year low of $155.44 and a one year high of $208.79.

Simon Property Group (NYSE:SPG) last released its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 EPS for the quarter, topping the consensus estimate of $1.46 by $0.02. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.54 billion. Simon Property Group had a return on equity of 104.54% and a net margin of 70.60%.Simon Property Group’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.95 EPS. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. As a group, sell-side analysts expect that Simon Property Group, Inc. will post 13.2 EPS for the current fiscal year.

Simon Property Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $2.25 per share. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $9.00 annualized dividend and a yield of 4.4%. Simon Property Group’s dividend payout ratio is presently 62.54%.

Simon Property Group declared that its board has approved a stock repurchase program on Thursday, February 5th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the real estate investment trust to purchase up to 3.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Simon Property Group

A number of institutional investors have recently made changes to their positions in SPG. Stance Capital LLC bought a new stake in shares of Simon Property Group in the 3rd quarter valued at approximately $26,000. Wilkerson Advisory Group LLC bought a new stake in shares of Simon Property Group in the 4th quarter valued at approximately $29,000. SHP Wealth Management bought a new stake in shares of Simon Property Group in the 4th quarter valued at approximately $34,000. Atlantic Union Bankshares Corp increased its holdings in shares of Simon Property Group by 143.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 209 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 123 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC increased its holdings in shares of Simon Property Group by 195.8% in the 1st quarter. Dynamic Wealth Strategies LLC now owns 210 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 139 shares during the last quarter. 93.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SPG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on Simon Property Group from $198.00 to $210.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Evercore set a $207.00 target price on Simon Property Group in a research report on Tuesday, May 12th. UBS Group upped their target price on Simon Property Group from $189.00 to $199.00 and gave the company a “neutral” rating in a research report on Monday, May 18th. Truist Financial upped their target price on Simon Property Group from $181.00 to $196.00 and gave the company a “hold” rating in a research report on Monday, March 2nd. Finally, Citigroup upped their target price on Simon Property Group from $189.00 to $205.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $205.07.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About Simon Property Group

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed?use retail destinations. The company operates retail brands that include high?profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open?air centers, outlet properties and mixed?use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.