
Indianapolis-based Simon Property Group, Inc. (SPG) operates as a retail REIT focused on owning premier shopping, dining, entertainment, and mixed-use destinations. Valued at $57.1 billion by market cap, Simon owns 250+ iconic properties across North America, Europe, and Asia, providing community gathering places for millions of people every day.
The real estate giant has notably underperformed the broader market over the past year. SPG stock has gained 9.2% over the past 52 weeks and 1.1% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 14.3% gains over the past year and 8.7% returns in 2025.