{
 "ticker": "SPG",
 "name": "Simon Property Group Inc.",
 "legal_name": "SIMON PROPERTY GROUP INC.",
 "cik": "0001063761",
 "exchange": "NYSE",
 "sic": "6798",
 "industry": "Real Estate Investment Trusts",
 "state": "IN",
 "fiscal_year_end": "1231",
 "is_financial": true,
 "is_utility": false,
 "snapshot_date": "2026-10-26",
 "price": {
  "value": 211.63,
  "as_of": "2026-10-23",
  "source": "Alpaca Market Data (consolidated SIP daily bar)",
  "url": "https://docs.alpaca.markets/docs/historical-stock-data-1"
 },
 "market_cap": {
  "value": 68474900159.45,
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  "unavailable_reason": null,
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   "traded_price": {
    "value": 211.63,
    "as_of": "2026-10-23",
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    "url": "https://docs.alpaca.markets/docs/historical-stock-data-1"
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   "sec_shares_outstanding": {
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    "unit": "underlying shares",
    "concept": "SEC cover page 10-Q 0001104659-26-093360 (sum of classes (Common stock, $0.0001 par value 323,551,515 x 1; Class B common stock 8,000 x 1; class economics verified in https://www.sec.gov/Archives/edgar/data/1063761/000110465926019419/spg-20251231xex4d2.htm)); filing document https://www.sec.gov/Archives/edgar/data/1063761/000110465926093360/spg-20260630x10q.htm",
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    "accession": "0001104659-26-093360",
    "url": "https://www.sec.gov/Archives/edgar/data/1063761/000110465926093360/R1.htm"
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   "depositary_ratio": {
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    "unit": "underlying shares per traded unit",
    "status": "domestic",
    "source": "10-K filer; SEC shares are the traded units",
    "evidence_url": null,
    "evidence_form": null,
    "evidence_filed": null,
    "body_snippet": null
   },
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   "split_adjustment": null,
   "share_count_as_of": "2026-06-30",
   "share_count_age_days_at_price_date": 115,
   "warning": null,
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  }
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 },
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  {
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  },
  {
   "txn_date": "2026-03-31",
   "insider_name": "Aeppel Glyn",
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   "code": "P",
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   "price": 183.8,
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 ],
 "links": {
  "sec_filings": "https://www.sec.gov/edgar/browse/?CIK=0001063761",
  "sec_xbrl_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001063761.json",
  "sec_form4": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001063761&type=4",
  "sec_8k": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001063761&type=8-K",
  "yahoo": "https://finance.yahoo.com/quote/SPG",
  "stooq": "https://stooq.com/q/d/?s=spg.us",
  "external_views_link_only": {
   "morningstar": "https://www.morningstar.com/search?query=SPG",
   "finviz": "https://finviz.com/quote.ashx?t=SPG",
   "stockanalysis": "https://stockanalysis.com/stocks/spg/",
   "seeking_alpha": "https://seekingalpha.com/symbol/SPG",
   "openinsider": "http://openinsider.com/search?q=SPG",
   "google_news": "https://news.google.com/rss/search?q=SPG+stock"
  }
 },
 "machine_readable": {
  "json": "https://theclaudetrader.com/s/SPG.json",
  "markdown": "https://theclaudetrader.com/s/SPG.md",
  "research_packet": "https://theclaudetrader.com/r/SPG.json",
  "index": "https://theclaudetrader.com/llms.txt"
 },
 "dossier": null,
 "cite_as": "The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/SPG; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.",
 "disclaimer": "Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.",
 "fair_value_model": {
  "fair_value": 280.99,
  "fv_low": 66.1,
  "fv_high": 495.87,
  "fv_gap_pct": 32.8,
  "fv_verdict": "green",
  "fv_methods": 2,
  "fv_as_of": "2026-10-23",
  "fv_calculated_on": "2026-10-26",
  "fv_inputs_through": "2026-08-10",
  "fv_skipped": null,
  "unit": "per traded unit (share or ADS), same currency as the price",
  "methods": {
   "earnings": {
    "value": 495.8712777777777,
    "pe_used": 34.99444444444444,
    "pe_raw": 34.99444444444444,
    "pe_basis": "SIC 67 peer median excluding itself (25 peers)",
    "inputs": {
     "eps": {
      "fy": 2025,
      "value": 14.17,
      "tag": "SEC XBRL EarningsPerShareDiluted",
      "period_end": "2025-12-31",
      "accession": "0001104659-26-019419",
      "filed": null,
      "url": "https://www.sec.gov/Archives/edgar/data/1063761/000110465926019419/",
      "value_reported": 14.17,
      "split_factor": 1.0
     }
    }
   },
   "graham": {
    "value": 66.10241290065956,
    "inputs": {
     "eps": {
      "fy": 2025,
      "value": 14.17,
      "tag": "SEC XBRL EarningsPerShareDiluted",
      "period_end": "2025-12-31",
      "accession": "0001104659-26-019419",
      "filed": null,
      "url": "https://www.sec.gov/Archives/edgar/data/1063761/000110465926019419/",
      "value_reported": 14.17,
      "split_factor": 1.0
     },
     "bvps": {
      "value": 13.705101517413265,
      "equity": {
       "value": 4434416000.0,
       "tag": "SEC XBRL StockholdersEquity (companyfacts)",
       "period_end": "2026-06-30",
       "accession": "0001104659-26-093360",
       "filed": "2026-08-10",
       "url": "https://www.sec.gov/Archives/edgar/data/1063761/000110465926093360/"
      },
      "shares": 323559515.0
     }
    }
   }
  },
  "method_note": "Median of up to three methods from SEC filings: owner-earnings DCF (3-yr avg FCF, 10-yr two-stage, growth = min(5-yr revenue CAGR, 10%) fading to 2.5%, 9% discount), trailing EPS x SIC-peer median P/E (8-35), Graham number. Model estimate, not advice.",
  "discount_rate": 0.09,
  "terminal_growth": 0.025,
  "verdict_rule": "green: fair value more than 10% above price; red: more than 10% below; amber: within 10%",
  "page": "https://theclaudetrader.com/fair-value"
 }
}