Simon Property Group Inc. (SPG) has emerged as a major player among large-cap stocks, even in the face of tariff shocks. The organization, known for being a socially responsible dividend stock, has recently experienced a few internal changes such as the retirements of Herbert Simon and Allan B. Hubbard. Despite certain setbacks caused by the announcement of a Shopify collaboration which made the stock decline by 8%, the general perception of SPG is positive. Influential market personality, Jim Cramer stated the stock should be bought immediately. Many consider the recent price drop as a significant long-term investment opportunity. SPG has also outperformed the market in terms of dividends in 2025. In addition to having strong occupancy and dividend, the company has also reported a 6.4% portfolio traffic increase. However, there have been some concerns about the stock's performance resulting in debates about whether it is the best REIT stock to buy now. It also suffered some minor blows, such as missing quarterly funds of operations. Veteran board member's step down and lower annual forecasts for the net have contributed to some of the uncertainty in the group’s future. Regardless, the general consensus is that Simon Property Group is undervalued; for instance, ScotiaBank recently adjusted the price target from $186 to $159.
Simon Property Group SPG News Analytics from Mon, 15 Jul 2024 07:00:00 GMT to Thu, 01 May 2025 16:00:00 GMT -
Rating 5
- Innovation 3
- Information 5
- Rumor -4
