With a market cap of $52.9 billion, Simon Property Group, Inc. (SPG) is a leading publicly-traded real estate investment trust in the United States, which is engaged in the acquisition, ownership, and leasing of shopping, dining, entertainment, and mixed-use destinations.
Companies worth $10 billion or more are typically referred to as "large-cap stocks." SPG fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the retail REIT industry. The company benefits from owning 229 properties comprising 183 million square feet in North America, Asia, and Europe.
However, the stock has retreated 14.7% from its 52-week high of $190.13 touched on Mar. 3. Shares of SPG have declined 7.1% over the past three months, underperforming the broader Nasdaq Composite’s ($NASX) 8.1% rise over the same time frame.
Moreover, in the longer term, SPG stock is down 5.9% on a YTD basis, underperforming $NASX’s 1.1% uptick. Moreover, shares of SPG have risen 5.4% over the past 52 weeks, trailing $NASX’s 13.7% returns over the same time frame.
SPG has been trading mostly below its 200-day moving average since early March and above its 50-day moving average since early May.
Simon Property stock fell 6.2% following the release of its mixed Q1 2025 earnings on May 12. The company reported a revenue of $1.5 billion, reflecting a 2.1% year-over-year increase, which fell short of consensus estimates. Additionally, SPG’s funds from operations (FFO) per share grew 1.4% from the prior year quarter to $2.95 and surpassed the Street’s estimates by 1.4%.
In the retail-REIT arena, rival, Realty Income Corporation (O), has grown 4.9% in 2025 and 3.2% over the past year, lagging behind the stock.
Analysts remain moderately optimistic about its prospects. The stock has a consensus rating of “Moderate Buy” from the 18 analysts covering it, and the mean price target of $184.39 implies a premium of 13.8% from the current market prices.
