Simon Property Group stock eases as Scotiabank trims target

Published on 09/19/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Simon Property Group stock traded at USD 204.50 on September 19, 2026, with a 52-week range of USD 172.19 to USD 238.50. Scotiabank cut its target to USD 221 on September 17, 2026.

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Simon Property Group stock (ISIN US8288061091) traded at USD 204.50 on September 19, 2026, with a market capitalization of USD 77.633 billion and a 52-week range of USD 172.19 to USD 238.50. The shares were up 0.01 percent in New York trading, and Scotiabank cut its price target from USD 222 to USD 221 on September 17, 2026.

Scotiabank keeps a cautious tone

According to ad hoc news on September 18, 2026, the move from USD 222 to USD 221 came with a reiterated Sector Perform rating. The same report said the consensus analyst target stands at USD 228.36.

That leaves Simon Property Group about USD 24.36 below the average target and USD 17.36 below Scotiabank's new level. For investors, the gap is small enough to keep valuation in view, but large enough to show how mixed the Street remains on the mall REIT.

Q2 figures still matter

As ad hoc news reported on September 18, 2026, Simon Property Group posted Q2 FY26 revenue of USD 1.66 billion and earnings of USD 483.14 million. The same snapshot showed earnings per share of USD 1.73 versus an estimate of USD 1.57.

That means EPS beat expectations by USD 0.16, while the profit margin in the quarter was 29.11 percent. Revenue and earnings remain the main operating reference point for the stock until the next update arrives.

Dividend and trading level

Yahoo Finance data on September 19, 2026 showed Simon Property Group at USD 204.50, with a prior close of USD 204.47 and day range of USD 203.11 to USD 204.74. The stock also carried a forward dividend of USD 8.90, equal to a 4.35 percent yield, and a YTD gain of 14.19 percent.