Simon Property Group Hits $234.56, Its Highest Price in a Year
As seen on the 24/7 Wall St. homepage on November 10, 2026.
The biggest US mall landlord just set a 52-week high at $234.56, clearing its July 28 peak by 0.19% and capping a climb from the $175 range a year ago. At a $75.6 billion market cap, the mall REIT is at the top of its range with no resistance overhead.
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Simon Property Group, the largest mall landlord in the United States, touched $234.56 on November 10, clearing its previous 52-week peak set on July 28. That prior high had acted as the ceiling for the stock, and breaking through it leaves no established resistance overhead.
The move caps a climb from the $175 range where the stock was trading a year ago. That kind of sustained advance in a real estate investment trust, a sector that tends to move slowly, reflects persistent buying interest across many sessions.
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At a market capitalization of $75.6 billion, Simon is not a name that can be nudged by a handful of trades. A new 52-week high at this scale carries more weight because it requires sustained institutional commitment to push through a well-established price ceiling.
Price discovery above a prior high means the market is actively setting new value levels for this stock. With no resistance overhead, the next test is whether buying interest holds at current levels.