General Growth Properties Company Profile (NYSE:GGP)

About General Growth Properties

General Growth Properties logoGeneral Growth Properties, Inc. (GGP) is a self-administered and self-managed real estate investment trust (REIT). The Company operates through operation, development and management of retail and other rental properties segment. It is engaged in owning and operating retail properties to communities, retailers, employees, consumers and shareholders. The Company owns, either entirely or with joint venture partners, over 130 retail properties located across the United States comprising approximately 130 million square feet of gross leasable area (GLA). The Company's business is conducted through GGP Operating Partnership, LP (GGPOP), GGP Nimbus, LP (GGPN) and GGP Limited Partnership (GGPLP, and together with GGPN the Operating Partnerships), subsidiaries of GGP. The Company's properties include Ala Moana Center, Boise Towne Square, Coral Ridge Mall, Crossroads Center, Fashion Show, Lynnhaven Mall, Mondawmin Mall, North Point Mall, Oak View Mall, Park City Center and Owings Mills Mall.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: GGP
  • CUSIP: 37002310
Key Metrics:
  • Previous Close: $26.00
  • 50 Day Moving Average: $27.45
  • 200 Day Moving Average: $28.73
  • 52-Week Range: $24.43 - $32.10
  • Trailing P/E Ratio: 36.21
  • Foreward P/E Ratio: 16.25
  • P/E Growth: 2.68
  • Market Cap: $22.97B
  • Outstanding Shares: 883,380,000
  • Beta: 1.02
  • Net Margins: 28.84%
  • Return on Equity: 8.65%
  • Return on Assets: 2.94%
  • Debt-to-Equity Ratio: 1.72%
  • Current Ratio: 1.75%
  • Quick Ratio: 1.75%
Additional Links:
Companies Related to General Growth Properties:

Analyst Ratings

Consensus Ratings for General Growth Properties (NYSE:GGP) (?)
Ratings Breakdown: 3 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.81)
Consensus Price Target: $32.93 (26.65% upside)

Analysts' Ratings History for General Growth Properties (NYSE:GGP)
DateFirmActionRatingPrice TargetDetails
10/14/2016Sandler O'NeillUpgradeHold -> Buy$31.00View Rating Details
10/12/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$35.00View Rating Details
8/31/2016Hilliard LyonsInitiated CoverageNeutralView Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$35.00View Rating Details
8/18/2016Barclays PLCBoost Price TargetEqual Weight$30.00 -> $32.00View Rating Details
8/17/2016Deutsche Bank AGBoost Price TargetBuy$35.00 -> $37.00View Rating Details
8/8/2016Citigroup Inc.Boost Price TargetBuy$34.00 -> $35.00View Rating Details
8/3/2016Credit Suisse Group AGReiterated RatingOutperform$32.00 -> $33.00View Rating Details
8/2/2016BMO Capital MarketsReiterated RatingBuy$32.00View Rating Details
6/17/2016MizuhoReiterated RatingBuy$35.00View Rating Details
5/2/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
3/21/2016Evercore ISIBoost Price Target$32.00View Rating Details
2/3/2016Royal Bank Of CanadaReiterated RatingOutperform$32.00 -> $33.00View Rating Details
1/14/2016SunTrust Banks Inc.Lower Price TargetBuy$35.00 -> $30.00View Rating Details
12/17/2015JPMorgan Chase & Co.DowngradeOverweight -> Neutral$31.00 -> $29.00View Rating Details
12/4/2015Boenning ScattergoodInitiated CoverageOutperform$32.00View Rating Details
10/14/2015Cowen and CompanyBoost Price TargetOutperform$33.50 -> $40.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$33.00 -> $32.00View Rating Details
8/12/2015S&P Equity ResearchReiterated RatingBuy$33.00View Rating Details
7/3/2015Goldman Sachs Group Inc.Reiterated RatingNeutralView Rating Details
1/29/2015Stifel NicolausBoost Price TargetBuy$32.00 -> $33.00View Rating Details
(Data available from 10/22/2014 forward)


Earnings History for General Growth Properties (NYSE:GGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2016Q216$0.36$0.35$577.90 million$574.60 millionViewListenView Earnings Details
5/2/2016Q116$0.35$0.40$583.80 million$607.00 millionViewN/AView Earnings Details
2/1/2016Q415$0.42$0.43$628.02 million$644.60 millionViewN/AView Earnings Details
11/2/2015Q315$0.35$0.36$594.43 million$595.30 millionViewListenView Earnings Details
8/3/2015Q215$0.33$0.33$619.12 million$579.98 millionViewListenView Earnings Details
4/27/2015Q115$0.32$0.32$631.26 million$594.10 millionViewN/AView Earnings Details
1/28/2015Q414$0.38$0.38$661.63 millionViewN/AView Earnings Details
10/27/2014Q314$0.31$0.33$611.70 million$631.80 millionViewN/AView Earnings Details
7/28/2014Q214$0.30$0.31$606.60 million$617.62 millionViewN/AView Earnings Details
4/28/2014Q114$30.00$0.31$619.60 millionViewN/AView Earnings Details
2/3/2014Q413$0.35$0.36$664.08 million$681.40 millionViewN/AView Earnings Details
10/28/2013Q313$0.27$0.29$656.60 million$620.70 millionViewN/AView Earnings Details
7/29/2013Q213$0.25$0.27$675.80 million$613.23 millionViewN/AView Earnings Details
4/29/2013Q113$0.24$0.25$650.02 million$637.80 millionViewN/AView Earnings Details
2/4/2013Q4 2012$0.29$0.31$669.85 million$675.71 millionViewN/AView Earnings Details
10/31/2012$0.23$0.23ViewN/AView Earnings Details
8/1/2012$0.21$0.23ViewN/AView Earnings Details
5/1/2012$0.21$0.22ViewN/AView Earnings Details
11/9/2011$0.22$0.23ViewN/AView Earnings Details
8/2/2011$0.23$0.20ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for General Growth Properties (NYSE:GGP)
Current Year EPS Consensus Estimate: $1.53 EPS
Next Year EPS Consensus Estimate: $1.6 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.34$0.35$0.35
Q2 20162$0.35$0.36$0.36
Q3 20162$0.35$0.36$0.36
Q4 20162$0.42$0.44$0.43
Q1 20172$0.38$0.39$0.39
Q2 20172$0.38$0.38$0.38
Q3 20172$0.38$0.38$0.38
Q4 20172$0.43$0.46$0.45
Q1 20181$0.40$0.40$0.40
Q2 20181$0.40$0.40$0.40
(Data provided by Zacks Investment Research)


Current Dividend Information for General Growth Properties (NYSE:GGP)
Annual Dividend:$0.80
Dividend Yield:3.08%
Dividend Growth:-5.10% (3 Year Average)
Payout Ratio:111.11% (Based on Trailing 12 Months of Earnings)
52.29% (Based on Current Year Consensus EPS Estimate)
50.00% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for General Growth Properties (NYSE:GGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for General Growth Properties (NYSE:GGP)
Insider Ownership Percentage: 40.70%
Institutional Ownership Percentage: 95.01%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/19/2016Michael B. BermanCFOSell189,474$29.15$5,523,167.10View SEC Filing  
8/17/2016Sandeep MathraniCEOSell400,000$29.66$11,864,000.00View SEC Filing  
8/5/2016John K HaleyDirectorSell3,400$30.96$105,264.00View SEC Filing  
8/5/2016Tara MarszewskiSVPSell10,419$31.01$323,093.19View SEC Filing  
6/28/2016Alan J. BarocasEVPSell125,000$29.28$3,660,000.00View SEC Filing  
6/24/2016Sandeep MathraniCEOSell600,000$28.76$17,256,000.00View SEC Filing  
6/21/2016Michael B. BermanCFOSell90,000$28.60$2,574,000.00View SEC Filing  
4/8/2016Abu Dhabi Investment AuthorityMajor ShareholderSell936$28.81$26,966.16View SEC Filing  
4/6/2016Abu Dhabi Investment AuthorityInsiderSell22,400$29.07$651,168.00View SEC Filing  
12/18/2015Abu Dhabi Investment AuthorityInsiderSell6,051$26.22$158,657.22View SEC Filing  
12/16/2015Abu Dhabi Investment AuthorityInsiderSell59,463$26.71$1,588,256.73View SEC Filing  
11/30/2015Abu Dhabi Investment AuthorityMajor ShareholderSell42,489$25.82$1,097,065.98View SEC Filing  
11/11/2015Abu Dhabi Investment AuthorityMajor ShareholderSell67,049$26.75$1,793,560.75View SEC Filing  
9/18/2015Abu Dhabi Investment AuthorityMajor ShareholderSell58,000$25.73$1,492,340.00View SEC Filing  
9/17/2015Michael B. BermanCFOSell90,000$25.75$2,317,500.00View SEC Filing  
3/25/2015Alan J BarocasEVPSell200,000$30.60$6,120,000.00View SEC Filing  
3/17/2015Sandeep MathraniCEOSell323,450$30.07$9,726,141.50View SEC Filing  
3/13/2015Fund Board Of Guardians FutureMajor ShareholderSell500,000$29.40$14,700,000.00View SEC Filing  
3/12/2015Fund Board Of Guardians FutureMajor ShareholderSell3,667,691$29.21$107,133,254.11View SEC Filing  
3/5/2015Fund Board Of Guardians FutureMajor ShareholderSell2,800,000$29.16$81,648,000.00View SEC Filing  
2/12/2015Fund Board Of Guardians FutureMajor ShareholderSell2,555,000$29.49$75,346,950.00View SEC Filing  
2/9/2015Fund Board Of Guardians FutureMajor ShareholderSell1,550,000$30.24$46,872,000.00View SEC Filing  
9/2/2014Abu Dhabi Investment AuthorityMajor ShareholderSell2,971$24.48$72,730.08View SEC Filing  
9/2/2014Michael B BermanCFOSell160,000$24.51$3,921,600.00View SEC Filing  
6/20/2014Abu Dhabi Investment AuthorityMajor ShareholderSell298,607$23.90$7,136,707.30View SEC Filing  
2/11/2014John HaleyDirectorBuy3,400$20.90$71,060.00View SEC Filing  
12/9/2013Abu Dhabi Investment Authoritymajor shareholderBuy2,568,934$21.17$54,384,332.78View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for General Growth Properties (NYSE:GGP)
News IconStock Trending Alert- General Growth Properties, Inc. (NYSE:GGP) - Hot Stocks Point (NYSE:GGP) - October 22 at 9:25 AM
News IconInvestor Market Move: Heitman Real Estate Securities LLC Has Decreased Its General Growth Properties INC (GGP ... - Chester News (NYSE:GGP) - October 21 at 5:18 PM logoStocks In Queue: International Paper Company (IP), General Growth Properties, Inc (GGP), New York Community ... - iStreetWire (NYSE:GGP) - October 20 at 5:15 PM
News IconFinancial Stocks To Look Out For: General Growth Properties, Inc (GGP), Mastercard Incorporated (MA) - The Independent Republic (NYSE:GGP) - October 20 at 10:41 AM logoWet Seal to Open 13 Pop-Up Stores for the Holiday Season (NYSE:GGP) - October 19 at 5:34 PM logoGeneral Growth Properties, Inc. : GGP-US: Dividend Analysis : October 14th, 2016 (record date) : By the numbers : October 19, 2016 (NYSE:GGP) - October 19 at 5:34 PM
News IconUpdate on General Growth Properties, Inc (NYSE:GGP) for the day (NYSE:GGP) - October 19 at 10:04 AM
News IconVigilant Capital Management Exits Position in General Growth Properties Inc (GGP) (NYSE:GGP) - October 19 at 10:04 AM
News IconActive Stock News: General Growth Properties, Inc (GGP), The PNC Financial Services Group, Inc. (PNC) - The Independent Republic (NYSE:GGP) - October 18 at 5:06 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: General Growth Properties, Inc. (NYSE:GGP) - CSZ News (NYSE:GGP) - October 18 at 10:11 AM
News IconGeneral Growth Properties, Inc (NYSE:GGP) – Top Stock from Financial Sector - The Daily Leicester (NYSE:GGP) - October 18 at 10:11 AM
News IconGeneral Growth Properties, Inc. (NYSE:GGP) Updated Broker Price Targets - The De Soto Edge (NYSE:GGP) - October 18 at 10:11 AM
News IconFinancial Stocks To Look Out For: General Growth Properties, Inc (GGP), Prudential Financial, Inc. (PRU) - The Independent Republic (NYSE:GGP) - October 18 at 10:11 AM logoCity issues notice of violation against Ala Moana Center owner (NYSE:GGP) - October 16 at 5:03 PM
News IconGeneral Growth Properties' (GGP) "Outperform" Rating Reaffirmed at Oppenheimer Holdings Inc (NYSE:GGP) - October 16 at 9:48 AM
News IconFinancial Stocks Worth Chasing: General Growth Properties, Inc ... - The Independent Republic (NYSE:GGP) - October 15 at 10:00 AM logoGeneral Growth upgraded by Sandler O'Neill (NYSE:GGP) - October 14 at 5:02 PM
News IconBargain-Counter Stock or Pricey? Update on General Growth Properties, Inc (NYSE:GGP) - CSZ News (NYSE:GGP) - October 14 at 8:15 AM
News IconActive Runners - Southwestern Energy Company, (NYSE:SWN), General Growth Properties, (NYSE:GGP) - Money News (NYSE:GGP) - October 14 at 8:15 AM logoKellogg Becomes #234 Most Shorted S&P 500 Component, Replacing General Growth Properties (NYSE:GGP) - October 13 at 5:15 PM
News IconIn it for the Long Haul: Update on General Growth Properties, Inc (NYSE:GGP) - CSZ News (NYSE:GGP) - October 13 at 8:19 AM
News Icon2 Stocks Attracting Analyst Attention: Mondelez International Inc (NASDAQ:MDLZ), General Growth Properties Inc ... - The Voice Registrar (NYSE:GGP) - October 13 at 8:19 AM
News IconLarge Cap REIT – Retail: General Growth Properties, Inc (NYSE:GGP) (NYSE:GGP) - October 12 at 10:16 AM logoGeneral Growth Properties, Inc. (GGP) Ex-Dividend Date Scheduled for October ... (NYSE:GGP) - October 12 at 10:16 AM
News IconFinancial Stocks Worth Chasing: General Growth Properties, Inc (GGP), Wells Fargo & Company (WFC) - The Independent Republic (NYSE:GGP) - October 11 at 5:27 PM
News IconTrending Stocks: Zoetis Inc (NYSE:ZTS), General Growth Properties Inc (NYSE:GGP), Union Pacific Corporation (NYSE ... - NYSE Journal (press release) (NYSE:GGP) - October 10 at 9:53 AM
News IconStocks Turn Active on Retreated Views: General Growth Properties, Inc (NYSE:GGP), Zions Bancorporation (NASDAQ ... - Street Wise Report (press release) (blog) (NYSE:GGP) - October 7 at 5:05 PM
News IconBulls and Bear in Analyst's Spotlight- General Growth Properties, Inc (NYSE:GGP), Grupo Financiero Santander Mexico ... - Seneca Globe (NYSE:GGP) - October 7 at 10:11 AM
News IconGeneral Growth Properties, Inc's (GGP): Watch List Stock - Hot Stocks Point (NYSE:GGP) - October 7 at 10:11 AM
News IconTop Gainers of the Day: General Growth Properties, Inc (NYSE:GGP) from REIT – Retail (NYSE:GGP) - October 6 at 5:07 PM logoShow of support in General Growth (NYSE:GGP) - October 6 at 8:50 AM
News IconEarnings Analysis & Update for General Growth Properties, Inc. (NYSE:GGP)? - CSZ News (NYSE:GGP) - October 5 at 10:24 AM
News IconActive Stocks in Frontline Rating: General Growth Properties, Inc (NYSE:GGP), Zions Bancorporation (NASDAQ:ZION) - Seneca Globe (NYSE:GGP) - October 5 at 10:24 AM logoEye Catching Stocks: Xcel Energy (XEL), General Growth Properties (GGP), HollyFrontier (HFC) - iStreetWire (NYSE:GGP) - October 5 at 10:24 AM
News IconTop Financial Stock Picking: General Growth Properties, Inc (GGP), Credit Suisse High Yield Bond Fund, Inc. (DHY) - The Independent Republic (NYSE:GGP) - October 5 at 10:24 AM
News IconStocks Trapped in Bearish Claws: General Growth Properties, Inc (NYSE:GGP), Brixmor Property Group Inc. (NYSE:BRX) - Street Wise Report (press release) (blog) (NYSE:GGP) - October 5 at 10:24 AM logoGeneral Growth Properties Becomes Oversold - Nasdaq (NYSE:GGP) - October 5 at 10:24 AM logoSanta is getting a sweet makeover this holiday season (NYSE:GGP) - October 5 at 10:24 AM
News IconResolution Capital Ltd Buys 1103865 Shares of General Growth Properties Inc. (GGP) (NYSE:GGP) - October 4 at 10:01 AM
News IconGeneral Growth Properties, Inc (NYSE:GGP) Consensus EPS Forecasts (NYSE:GGP) - October 4 at 10:01 AM logoGeneral Growth Properties Becomes Oversold (NYSE:GGP) - October 3 at 5:00 PM
News IconGeneral Growth Properties, Inc (NYSE:GGP) from REIT – Retail – Todays Top Gains (NYSE:GGP) - October 3 at 9:51 AM logoSimon, GGP Scoop Up Aeropostale In Unexpected Move - Seeking Alpha (NYSE:GGP) - October 1 at 10:35 AM
News IconRescue Tests Mall Owners -- WSJ (NYSE:GGP) - September 29 at 10:14 AM logoMall Owners Go on Defensive to Rescue Aéropostale (NYSE:GGP) - September 29 at 10:14 AM
News IconMidday Stocks Luring Investors- Medical Properties Trust Inc. (NYSE:MPW), General Growth Properties, Inc (NYSE:GGP) - Street Wise Report (press release) (blog) (NYSE:GGP) - September 28 at 5:01 PM logo[$$] 'D-List' Star Kathy Griffin Lists Her 'A-List' Hollywood Hills Home (NYSE:GGP) - September 28 at 5:01 PM
News IconAnalysts Valuations For Two Stocks: CSX Corporation (NASDAQ:CSX), General Growth Properties Inc (NYSE:GGP) - The Voice Registrar (NYSE:GGP) - September 27 at 5:10 PM
News IconActive Momentum Stocks- Citigroup Inc. (NYSE:C), General Growth ... - Seneca Globe (NYSE:GGP) - September 26 at 5:21 PM
News IconFinancial stocks for your portfolio: General Growth Properties, Inc (GGP), Communications Sales & Leasing, Inc. (CSAL) - The Independent Republic (NYSE:GGP) - September 26 at 9:53 AM


General Growth Properties (NYSE:GGP) Chart for Saturday, October, 22, 2016

Last Updated on 10/22/2016 by Staff