Simon Property Group stock: Jefferies cuts target to USD 252.00
π Jefferies analyst firm cut its price target for Simon Property Group from USD 278.00 to USD 252.00 on October 12, 2026.
π The company is scheduled to release third-quarter earnings and host a conference call on November 5, 2026, at 5:00 p.m. ET.
π° As of October 19, 2026, SPG has a market capitalization of USD 65.8 billion and a P/E ratio of 14.40.
π The stock traded at USD 203.48 on October 19, 2026, placing it 14.68% below its 52-week high of USD 238.50.
π΅ Simon Property Group reported USD 1.79 billion in revenue and USD 574.1 million in consolidated net income for the quarter ended June 30, 2026.
π’ The company operates in the Real Estate / REIT - Retail sector with a current dividend yield of 4.00%.
- Simon Property Group maintains a substantial market capitalization of USD 65.8 billion and offers a 4.00% dividend yield as of October 19, 2026.
- The stock has demonstrated resilience with an 11.30% year-to-date gain despite trading below its 52-week highs.
- Jefferies analyst firm reduced its price target for Simon Property Group from USD 278.00 to USD 252.00, signaling a downgrade in near-term valuation expectations.
- The stock is trading at USD 203.48, which is 14.68% below its 52-week high of USD 238.50, indicating potential weakness relative to recent peaks.