Yahoo · Aug 13, 2026
Simon Property to More Than Double $18M in Lost Saks Rents
Simon Property expects to turn $18M in lost Saks rent into $44M by re-leasing vacant mall space at higher rates.

NYSE · SPG
Real Estate · REIT - Retail
$219.58
Down-$1.89 (-0.85%)
Updated Aug 15, 2026, 11:39 PM
SID Score
5.3/10
Composite research score
Smart Money
58/100
Neutral
Price performance
1M range · 20 trading sessions · Daily adjusted prices
SPG closed at $219.58 after 20 trading sessions, down 3.77% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 14, 2026 | $221.17 | $222.385 | $218.90 | $219.58 | 976.19K |
| Aug 13, 2026 | $222.09 | $223.6299 | $221.20 | $221.47 | 1.09M |
| Aug 12, 2026 | $221.48 | $221.48 | $218.91 | $220.56 | 1.58M |
| Aug 11, 2026 | $220.27 | $223.53 | $219.06 | $219.53 | 1.88M |
| Aug 10, 2026 | $221.15 | $223.4183 | $218.33 | $220.55 | 1.24M |
| Aug 7, 2026 | $221.76 | $223.08 | $219.56 | $222.91 | 1.32M |
| Aug 6, 2026 | $226.61 | $226.61 | $221.065 | $221.83 | 1.39M |
| Aug 5, 2026 | $226.29 | $226.29 | $222.27 | $224.81 | 2.23M |
| Aug 4, 2026 | $227.60 | $228.4999 | $224.032 | $225.90 | 1.96M |
| Aug 3, 2026 | $230.28 | $231.415 | $227.87 | $229.16 | 1.31M |
| Jul 31, 2026 | $231.34 | $231.8684 | $228.62 | $229.37 | 1.38M |
| Jul 30, 2026 | $235.00 | $235.265 | $229.025 | $230.44 | 1.25M |
| Jul 29, 2026 | $236.74 | $238.50 | $234.46 | $235.61 | 1.38M |
| Jul 28, 2026 | $234.95 | $237.89 | $234.07 | $236.70 | 1.72M |
| Jul 27, 2026 | $229.66 | $231.73 | $229.36 | $231.67 | 896.94K |
| Jul 24, 2026 | $226.47 | $229.845 | $225.83 | $229.78 | 983.82K |
| Jul 23, 2026 | $225.38 | $227.79 | $224.215 | $225.20 | 1.26M |
| Jul 22, 2026 | $227.15 | $227.80 | $225.32 | $226.22 | 1.17M |
| Jul 21, 2026 | $229.91 | $230.00 | $226.26 | $226.79 | 1.91M |
| Jul 20, 2026 | $229.15 | $230.88 | $227.25 | $228.19 | 1.5M |
The latest Smart Investors Daily articles mentioning SPG.
SPG research
Company profile and research snapshot.
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 11, 2026 | Stifel | Hold | — |
| Aug 11, 2026 | Ladenburg Thalmann | Buy | — |
| Jul 21, 2026 | Piper Sandler | Overweight | — |
| Jul 9, 2026 | UBS | Neutral | — |
| Jul 7, 2026 | Evercore ISI Group | In-Line | — |
No generated briefing is available yet.
Yahoo · Aug 13, 2026
Simon Property expects to turn $18M in lost Saks rent into $44M by re-leasing vacant mall space at higher rates.
SeekingAlpha · Aug 13, 2026
Simon Property Group (SPG) downgraded to Hold as fair value is reached.
Yahoo · Aug 13, 2026
Simon Property Group’s robust Q2 leasing and revenue gains lift full-year outlook, as development pipeline and base rents also accelerate.
Yahoo · Aug 12, 2026
Simon Property Group (NYSE: SPG) is re-leasing former Saks Off 5th locations at materially higher rents following Saks Global's bankruptcy and store closures. The new leases apply to a broad set of vacated stores and are expected to lift Simon Property Group's rental income profile and support occupancy trends. Management is using the bankruptcy-driven vacancies to sign tenants at current market rates that are well above prior Saks Global lease terms. Consider broadening your watchlist to...
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.


The latest Smart Investors Daily articles mentioning SPG.