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Stock impact report

Simon Property Group: Appears Fairly Valued, But Dividend Growth Could Ignite The Next Rally (Rating Downgrade) [Seeking Alpha]

Simon Property Group, Inc. (SPG) 
Last simon property group, inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.simon.com
Company Research Source: Seeking Alpha
SPG reported strong Q3 results with FFO of $3.22, revenue up 8.1%, and another dividend hike, reflecting robust fundamentals. The REIT's acquisition of the remaining Taubman Realty Group stake and $1.25B in new projects position SPG for long-term growth. While further upside is possible with rate cuts, macro risks and limited near-term valuation upside justify a more neutral stance. Andrii Dodonov/iStock via Getty Images Introduction Simon Property Group ( SPG ) is a REIT I've been bullish on the past few years. This was mainly due to the stock being undervalued at the time. Since my last coverage, SPG has outpaced the More on my IG service This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from S Show less Read more
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