Simon Property Group Rises 0.67% as Trading Volume Plummets 21.41% to 391st Rank Amid Analyst Divergence

Simon Property Group (SPG) rose 0.67% on August 28, with a trading volume of $0.25 billion, marking a 21.41% decline from the previous day’s volume and ranking 391st in market activity. Analysts remain divided on the stock, with six financial firms adjusting their price targets and ratings in recent days. Scotiabank raised its PT to $173 from $163, while Truist Securities increased its PT to $169, both maintaining “Hold” or “Sector Perform” ratings. Meanwhile, Stifel’s Simon Yarmak downgraded to “Buy,” contrasting with BMO Capital’s caution. The average 12-month price target across analysts stands at $181.67, with estimates ranging from $163 to $225.

Financial performance highlighted SPG’s resilience, with Q2 2025 revenue growing 2.8% year-over-year to $1.5 billion and net operating income (NOI) rising 4.2%. Real estate funds from operations (FFO) per share reached $3.05, exceeding consensus by 33 basis points. However, analysts project a 3.5% decline in full-year FFO per share to $12.53, signaling potential challenges. The company’s dividend yield of 4.84% remains a draw, though its payout ratio of 133.76% raises sustainability concerns.

Strategic partnerships also emerged as a focal point. SPG’s collaboration with Humana to implement health and well-being initiatives across 21 shopping centers aims to boost foot traffic and strengthen retail partnerships. Institutional ownership remains robust at 93.01%, with insiders purchasing $380,066 worth of shares in the past quarter. Short interest declined by 7.97%, reflecting reduced bearish sentiment despite mixed analyst outlooks.

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