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NYSE:SPG

Simon Property Group Inc. (SPG)

211.07
-0.26 (0.12%)
as of Jun 18, 2026, 8:39:01 pm Market Open.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 13/20, Up 72.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with SPG has triggered its stop at $115. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover 50%, this creates a combined net return of 50%.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 13/20, Up 82.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with SPG continues to do well. We are now recommending to trail up the stop (from $105) to $115. If triggered, this would all but guarantee an investment return of 50% when considering the recommendation to cover 50% previously.
BUY
He expects their Monday report to shoot out the lights. It's the biggest mall operator and doing well. Brick and mortar retail is booming, at least in wealthy areas. He expects good numbers from SPG because they own class-A malls.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 13/20, Up 71.3%)Stockchase Research Editor: Michael O'Reilly We are recommending trailing up the stop to $105. This would all but guarantee a minimum investment return of 43%, including the previous recommendation to cover 50%.
BUY ON WEAKNESS
Continues to like it. Might be a bit overbought. 6-12 months out, as US vaccinations increase, this name should do really well. A recovery story. Low vacancy rate, premium locations and malls. Higher beta, so watch out. Pretty decent dividend at 4.5%.
BUY
It sounds crazy, but people will return to malls. Simon malls are now upscale and will benefit from the reopening. Yes, people will buy online, but people want to spend in person, and the mall is the place they'll go. You're not early these reopening names, but not late either.
HOLD
Solid company and management. Some of the best US malls. Sometimes size hurts you. Has rebounded nicely, getting close to NAV. Risk/reward is not there today. It will survive.
TOP PICK
Premier shopping mall in the US. Unique shopping experiences. Post-Covid, the outlook is impressive. Yield is 5.99%. (Analysts’ price target is $96.47)
DON'T BUY
Top-tier malls, but she's concerned over the next few years. Sales falling, rents coming down. Stock falling well before Covid. We're not going to get to the new normal anytime soon. Prefers REITs benefiting from secular trends like data centres, towers, industrials.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 13/20, Up 29.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK in SPG has achieved its $86 objective. To be disciplined, we are recommending covering 50% of the position and trailing up the stop to $59.00 – near to our initial buy recommendation.
PARTIAL BUY
A little risker than Federal Realty. Simon is the top mall owner. They bought a mall before Covid hit, but later negotiated a 20% discount for it. With vaccines coming and the reopening, Simon will benefit big time.
TOP PICK
Owns premier outlets and shopping malls. It is a back-to-normal trade. The largest retail REIT. This stock should not be down 45% ytd. It is definitely undervalued and in 6-12 months it could be quite a bit higher. (Analysts’ price target is $89.13)
DON'T BUY
It's the largest US mall owner and outlet owner. They also own in Europe. He avoids mall REITs, though Simon is the top of class. There's more downside than upside here. Look elsewhere in real estate.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly SPG is re-inventing itself, along with partner Brookfield Property Partners. Specifically, the two are partnering to bid for bankrupt JCPenny. This could all be part of a cagey strategy to use the space for Amazon fulfillment centres to allow the e-commerce giant to speed up delivery and increase distribution efficiency. We think the dividend cut potentially be at risk to a cut, but we think that fact is already priced in. Analysts see upside to over $86 -- upside of 30%. We would use $55 as a stop loss. Yield 7.67% (Analysts’ price target is $86.14)

DON'T BUY

The sell off is largely driven from fear of tenants not paying their rent. The fear is real but it is based on the premise that people don't go back to work. REITs will reach agreements with their bankers. This is a great company and a great hold longer term, but there are better opportunities closer to home. CRR.UN-T REIT would be a better pick.

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