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Simon Property Group Gains 1.6% in Q3, Outperforming Nasdaq Composite

Simon Property Group maintains a Moderate Buy rating as it outperforms the Nasdaq over the last quarter, driven by strong Q2 FFO results and a robust portfolio of 230 retail properties.

📅 September 8, 2026 🕐 1 min read

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🎯 Key Takeaways

SPG reported Q2 FFO of $3.29 per share, exceeding the consensus estimate of $3.18.
The stock maintains a Moderate Buy consensus with a mean price target of $236.35, implying 12.8% upside.
SPG outperformed the Nasdaq Composite by 2.8% over the last three months.

📝 Executive Summary

Simon Property Group (SPG) continues to demonstrate resilience, posting a 1.6% gain over the last three months to outperform the Nasdaq Composite. Despite a recent dip from its 52-week high, the retail REIT reported strong Q2 results with FFO of $3.29 per share, beating analyst expectations and maintaining a bullish outlook among Wall Street analysts.

❓ FAQ

How does Simon Property Group's performance compare to its peers?

SPG has outperformed its rival Regency Centers (REG) on both a year-to-date and 52-week basis, with SPG showing 13.1% and 15.4% gains respectively.

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