SPG

Simon Property GroupC

NYSE / Equity Real Estate Investment Trusts (REITs)

At close

2026-07-18

Current thesis

Bull case: continued strong leasing and high occupancy drive incremental FFO growth, successful asset sales/redevelopments realize NAV upside and justify multiple expansion toward analyst highs.

Posture

Mixed

Lead driver

Value

What changed

Value remains the lead driver in the composite.

What can break

Execution risk on asset dispositions or redevelopment timing

Momentum

Value

Sentiment

Setup hits (3d)

— · Net —

AI TargetsBase $196.00 · Bull $225.00 · Bear $176.37

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-02-03 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net —

Target $225.83

Why

Momentum66 · Δ7d -1.6

Value59 · Δ7d -

Sentiment34 · Δ7d -6.6

So what

Balanced signals. Wait for confirmation before sizing up.

Setup hits not loaded

Load setup hits to see net bias and recent triggers.

Load setup hits

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

-1.6

Δ21d

-0.8

Value

39% active weight

Current posture

7d trendSoftening

Δ7d

Δ21d

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-6.6

Δ21d

-2.4

Why this grade

Composite grade C. Momentum 65.5 / Value 58.5 / Sentiment 34.2

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$74.17B

Beta

1.42

Shares Out

324.29M

P/E (TTM)

21.4

P/S (TTM)

9.71

P/FCF (TTM)

166.77

Rev YoY

+19.3%

EPS YoY

-13.1%

Gross Margin

+58.2%

Op Margin

+50.7%

Net Debt

$56.8B

Current Ratio

0.36

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology