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Simon Property Group's stock has been performing well since the previous article in 2021. The company's 7% dividend yield was highlighted as a key attractive feature. The article argues that Simon Property Group is on its way to $200, citing the company's strong performance and potential for further growth.

Simon Property Group, Inc. (SPG), a retail real estate investment trust (REIT), has shown resilience in its stock performance over the past year. The company, valued at $57.1 billion by market cap, owns 250+ iconic properties across North America, Europe, and Asia, providing community gathering places for millions of people every day. Despite underperforming 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 14.3% gains over the past year and 8.7% returns in 2025 [1].

Simon Property Group's stock prices gained 3.3% in the trading session following the release of its solid Q2 results on Aug. 4. Driven by robust growth in lease income and management fees and other revenues, the company’s overall topline for the quarter increased 2.8% year-over-year to $1.5 billion. This was also supported by an improvement in the occupancy rate. Further, the company’s NOI increased by 4.2% compared to the year-ago quarter [1].

The company’s real estate FFO grew 4.1% year-over-year to $3.05 per share, surpassing the consensus estimates by 33 bps. Further, observing the solid momentum, the company raised its full-year real estate FFO guidance. For the full fiscal 2025, ending in December, analysts expect Simon to deliver a real estate FFO of $12.53 per share, down 3.5% year-over-year [1].

Simon Property Group's stock has a consensus "Moderate Buy" rating overall. Of the 20 analysts covering the SPG stock, opinions include nine "Strong Buys" and 11 "Holds." This configuration is slightly more optimistic than two months ago, when eight analysts gave "Strong Buy" recommendations [1].

Analysts have mixed ratings and price targets for SPG. Recent 12-month price targets average $181.67, with a high estimate of $225.00 and a low of $163.00. Analysts have raised or lowered their ratings and price targets, with Michael Mueller of JP Morgan raising the rating to neutral and Simon Yarmak of Stifel lowering it to buy [2].

Despite the mixed analyst ratings, SPG's strong financial performance and market position suggest a robust outlook. The company's market capitalization, revenue growth, net margin, return on equity (ROE), and return on assets (ROA) all indicate a solid financial foundation [2].

Simon Property Group's 7% dividend yield has been a key attractive feature for investors. The company's recent dividend increase to $2.15 per share from $2.05 per share further enhances its appeal. The stock has seen conflicting sentiments among analysts, with some firms like Stifel and Evercore ISI maintaining a Buy rating, while others like Scotiabank and BMO Capital have lowered their price targets [3].

Overall, Simon Property Group's stock performance has been solid, with a strong financial foundation and a robust outlook. The company's recent dividend increase and solid Q2 results suggest that it is well-positioned for further growth. Investors should continue to monitor the company's performance and analyst ratings as more data becomes available.

References:
[1] https://www.inkl.com/news/do-wall-street-analysts-like-simon-property-group-stock
[2] https://www.ainvest.com/news/simon-property-group-analyst-ratings-comprehensive-analysis-2508/
[3] https://www.ainvest.com/news/simon-property-group-truist-securities-maintains-hold-raises-pt-169-2508/