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Barchart
Barchart
Sristi Jayaswal

Is Wall Street Bullish or Bearish on Simon Property Stock?

Simon Property Group, Inc. (SPG), with a market cap of $59.9 billion, is a leading real estate investment trust headquartered in Indianapolis. It owns premier shopping, dining, and entertainment destinations across North America, Europe, and Asia. With billions in annual sales, SPG's properties serve as vibrant community hubs, blending retail excellence with innovative mixed-use developments.

Shares of the REIT have surged 51% over the past 52 weeks and 28.8% on a YTD basis, outshining the broader S&P 500 Index ($SPX), which rallied 31.8% over the past year and returned 25.8% in 2024.

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