This Industry-Leading Stock Yields 5.8% -- Is it a Buy?

By Matt Frankel and Tyler Crowe – Feb 13, 2023 at 9:36AM

NYSE: SPG

Simon Property Group

Market Cap

$47B

Today's Change

(0.96%) $1.37

Current Price

$143.78

Price as of April 23, 2024, 4:00 p.m. ET

This high-yield REIT has delivered strong performance and could still have room to grow.

Simon Property Group (SPG 0.96%) recently reported its fourth quarter earnings, and showed very clearly that malls aren't dying anytime soon. In this video, Fool.com contributors Tyler Crowe and Matt Frankel, CFP® discuss the numbers and what could help Simon take its business to the next level.

*Stock prices used were the morning prices of Feb. 10, 2023. The video was published on Feb. 10, 2023.

Matthew Frankel, CFP® has positions in Simon Property Group. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Simon Property Group. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.