Redefining luxury shopping at Woodbury Common, the first enhancement to be unveiled will be a stunning new VIP Suite, a haven designed exclusively for our discerning clientele. Across the globe, world-class shopping destinations and luxury retailers recognize the pivotal role VIP suites have in enhancing the luxury shopping experience. Woodbury Common's elegant enclave will feature multiple private spaces with their own dressing rooms, an upscale lounge area with plush furnishings and curated art, and a pri ...

RichVintage Thesis I wrote a few bullish articles on Simon Property Group (NYSE:SPG) in the second half of 2023 when the stock was trading around an average price of ~$115 (see the chart below). The key arguments for my bullish thesis back then were twofold: A) I expect the performance metrics of SPG to rebound nicely from the aftermath of the COVID pandemic, and B) the valuation discounts were too large to ignore at that time. Seeking Alpha Against this background, the goal of this article is to downgrade ...

ampueroleonardo/iStock Unreleased via Getty Images I've been buying Simon Property Group (NYSE:SPG) over the last few months. The shopping mall and outlet center REIT last declared a quarterly cash dividend of $1.950 per share, a 2.6% sequential hike, and $7.8 per share annualized for a 5.4% yield. SPG has raised its dividend by a 3-year compound annual growth rate of 8.2%, but the distribution still sits roughly 7% below its pre-pandemic peak. The REIT generated a fiscal 2023 fourth-quarter FFO of $3.6 ...

Simon Property (SPG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this shopping mall real estate investment trust have returned -0.3%, compared to the Zacks S&P 500 composite's +1.8% change. During this period, the Zacks REIT and Equity Trust - Retail industry, which Simon Property falls in, has lost 6%. The key question now is: What could be the stock ...

Simon Property (SPG) closed at $150.36 in the latest trading session, marking a +0.14% move from the prior day. This change outpaced the S&P 500's 0.04% loss on the day. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq increased by 0.03%.Shares of the shopping mall real estate investment trust have depreciated by 0.54% over the course of the past month, underperforming the Finance sector's gain of 2.49% and the S&P 500's gain of 2.57%.Investors will be eagerly watchin ...

In an improving leasing environment in the retail real estate industry, Simon Property Group’s (SPG) portfolio of premium assets in the United States and abroad, the adoption of omnichannel retailing and balance sheet strength position it well for growth. This retail REIT behemoth enjoys wide exposure to retail assets across the United States. Additionally, its presence in international markets is likely to encourage sustainable long-term growth compared with its domestically focused peers.Simon Property’s ...

Qin PinLi/iStock via Getty Images Dear readers/followers, Last time around when I wrote about Simon Property Group (NYSE:SPG) stock, I considered the company a "BUY". I've also invested in the company and hold a stake for over a year now, with a very good annualized RoR. Now, however, the company has reached a bit of a "level" where we will want to see if there's further upside to be had. And as you can tell from the title here, I consider that not to be the case, necessarily. In this article, we'll loo ...

Simon Property (SPG) closed the most recent trading day at $155.81, moving +0.26% from the previous trading session. This move lagged the S&P 500's daily gain of 0.32%. Elsewhere, the Dow gained 0.68%, while the tech-heavy Nasdaq added 0.2%.Coming into today, shares of the shopping mall real estate investment trust had gained 3.41% in the past month. In that same time, the Finance sector gained 4.23%, while the S&P 500 gained 5.11%.Analysts and investors alike will be keeping a close eye on the performance ...

Simon Property (SPG) ended the recent trading session at $150.77, demonstrating a +0.94% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.65%. Meanwhile, the Dow experienced a drop of 0.49%, and the technology-dominated Nasdaq saw a decrease of 0.96%.Prior to today's trading, shares of the shopping mall real estate investment trust had gained 0.92% over the past month. This has lagged the Finance sector's gain of 3.96% and the S&P 500's gain of 3.27% in that tim ...

The most recent trading session ended with Simon Property (SPG) standing at $151.49, reflecting a +0.59% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.54%.Prior to today's trading, shares of the shopping mall real estate investment trust had gained 4.93% over the past month. This has outpaced the Finance sector's gain of 4.12% and the S&P 500's gain of 3.18% in that ...