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: $28.76
  • 50 Day Moving Average: $29.20
  • 200 Day Moving Average: $29.07
  • 52-Week Range: $883,380,000.00 - $24.43
  • Trailing P/E Ratio: 40.06
  • Foreward P/E Ratio: 17.86
  • P/E Growth: 2.91
  • Market Cap: $25.41B
  • Outstanding Shares: 883,380,000
  • Beta: 1.07
Profitability:
  • Net Margins: 28.84%
  • Return on Equity: 8.65%
  • Return on Assets: 2.94%
Debt:
  • 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: $33.57 (16.73% upside)

Analysts' Ratings History for General Growth Properties (NYSE:GGP)
Show:
DateFirmActionRatingPrice TargetDetails
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
8/3/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$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 9/25/2014 forward)

Earnings

Earnings History for General Growth Properties (NYSE:GGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
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)

Estimates

Earnings Estimates for General Growth Properties (NYSE:GGP)
Current Year EPS Consensus Estimate: $1.53 EPS
Next Year EPS Consensus Estimate: $1.61 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)

Dividends

Current Dividend Information for General Growth Properties (NYSE:GGP)
Annual Dividend:$0.76
Dividend Yield:2.64%
Dividend Growth:-5.10% (3 Year Average)
Payout Ratio:105.56% (Based on Trailing 12 Months of Earnings)
49.67% (Based on Current Year Consensus EPS Estimate)
47.20% (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
8/1/2016quarterly$0.202.56%10/12/201610/14/201610/31/2016
5/2/2016quarterly$0.192.62%7/13/20167/15/20167/29/2016
2/1/2016quarterly$0.192.65%4/13/20164/15/20164/29/2016
11/2/2015quarterly$0.192.65%12/11/201512/15/20151/4/2016
9/1/2015quarterly$0.182.87%10/13/201510/15/201510/30/2015
5/21/2015quarterly$0.172.4%7/13/20157/15/20157/31/2015
2/19/2015quarterly$0.172.3%4/13/20154/15/20154/30/2015
11/14/2014quarterly$0.172.63%12/11/201512/15/20141/2/2015
8/12/2014quarterly$0.162.66%10/10/201410/15/201410/31/2014
5/15/2014quarterly$0.152.54%7/11/20147/15/20147/31/2014
2/26/2014quarterly$0.152.7%4/11/20144/15/20144/30/2014
10/29/2013quarterly$0.142.63%12/11/201312/13/20131/2/2014
7/30/2013quarterly$0.132.43%10/10/201310/15/201310/29/2013
5/13/2013quarterly$0.122.1%7/12/20137/16/20137/30/2013
2/4/2013quarterly$0.122.38%4/12/20134/16/20134/30/2013
(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: 95.02%
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)

Headlines

Latest Headlines for General Growth Properties (NYSE:GGP)
DateHeadline
News IconTraders Limelight- General Growth Properties, Inc. (NYSE:GGP ... - Hot Stocks Point (NYSE:GGP)
www.hotstockspoint.com - September 25 at 4:43 PM
businesswire.com logoGeneral Growth Properties Schedules Third Quarter 2016 Earnings Release and Conference Call - Business Wire (press release) (NYSE:GGP)
www.businesswire.com - September 23 at 4:56 PM
finance.yahoo.com logoGeneral Growth Properties Schedules Third Quarter 2016 Earnings Release and Conference Call (NYSE:GGP)
finance.yahoo.com - September 23 at 4:56 PM
News IconREIT – Retail: General Growth Properties, Inc (NYSE:GGP) Position of the day (NYSE:GGP)
twincountynews.com - September 23 at 10:10 AM
bizjournals.com logoRetail Deal Award winner: Eastridge Mall sale | Structures Awards 2016 (SLIDESHOW) (NYSE:GGP)
www.bizjournals.com - September 23 at 10:10 AM
News IconEarnings According to Analysts for General Growth Properties, Inc. (NYSE:GGP)? - Frisco Fastball (NYSE:GGP)
friscofastball.com - September 22 at 5:16 PM
News IconFinancial Stocks Outlines! Invesco Ltd. (IVZ), General Growth Properties Inc (NYSE:GGP) - share market updates (press release) (NYSE:GGP)
sharemarketupdates.com - September 22 at 10:46 AM
marketnewsvideo.com logoGeneral Growth Properties Takes Over #186 Spot From Allstate (NYSE:GGP)
www.marketnewsvideo.com - September 21 at 5:42 PM
News IconLeading stocks in today’s market: General Growth Properties, Inc (NYSE:GGP) (NYSE:GGP)
twincountynews.com - September 21 at 5:42 PM
News IconMover to Watch - General Growth Properties, Inc's (GGP) - Hot Stocks Point (NYSE:GGP)
www.hotstockspoint.com - September 21 at 9:26 AM
News IconWorth Watching Stocks in Queue: Amazon.com, Inc. (NASDAQ ... - NYSE Journal (press release) (NYSE:GGP)
stockznews.com - September 20 at 10:19 AM
News IconGeneral Growth Properties, Inc's (GGP): Noticeable Stock of Market - Hot Stocks Point (NYSE:GGP)
www.hotstockspoint.com - September 20 at 10:19 AM
News IconHigh Market Cap Stock of the Day – General Growth Properties, Inc (NYSE:GGP) (NYSE:GGP)
twincountynews.com - September 19 at 5:18 PM
News IconFinancial Stocks Highlights! General Growth Properties Inc (GGP), DiamondRock Hospitality Company (NYSE:DRH) - share market updates (press release) (NYSE:GGP)
sharemarketupdates.com - September 19 at 9:48 AM
News IconIs General Growth Properties, Inc (NYSE:GGP), a large market cap stock a smart buy? (NYSE:GGP)
twincountynews.com - September 17 at 9:52 AM
News IconFin Stocks Newsbeat! General Growth Properties Inc (GGP), Gramercy Property Trust (NYSE:GPT) - share market updates (press release) (NYSE:GGP)
sharemarketupdates.com - September 16 at 9:03 AM
investornewswire.com logoGeneral Growth Properties, Inc. (NYSE:GGP) Estimated EPS At $0.39 - Investor Newswire (NYSE:GGP)
www.investornewswire.com - September 15 at 5:35 PM
News IconAnalysts Valuations For Two Stocks: General Growth Properties Inc (NYSE:GGP), NVIDIA Corporation (NASDAQ:NVDA) - The Voice Registrar (NYSE:GGP)
voiceregistrar.com - September 15 at 5:35 PM
News IconFin Stocks Highlights= Invesco Ltd. (IVZ), General Growth Properties Inc (NYSE:GGP) - share market updates (press release) (NYSE:GGP)
sharemarketupdates.com - September 15 at 8:13 AM
News IconGeneral Growth Properties, Inc (NYSE:GGP) from REIT – Retail – Todays Top Gains - Twin County News (NYSE:GGP)
twincountynews.com - September 14 at 5:17 PM
bloomberg.com logoMall Owners to Department Stores: See Ya! (NYSE:GGP)
www.bloomberg.com - September 14 at 5:17 PM
bloomberg.com logoDoomsday Looms for Zombie Malls (NYSE:GGP)
www.bloomberg.com - September 14 at 9:28 AM
News IconGeneral Growth Properties, Inc (NYSE:GGP) – Top Stock from Financial Sector - The Daily Leicester (NYSE:GGP)
thedailyleicester.com - September 13 at 10:01 AM
News IconAnalysts Valuations For Two Stocks: Ventas, Inc. (NYSE:VTR), General Growth Properties Inc (NYSE:GGP) - The Voice Registrar (NYSE:GGP)
voiceregistrar.com - September 13 at 10:01 AM
finance.yahoo.com logoGeneral Growth trade sees end to slide (NYSE:GGP)
finance.yahoo.com - September 13 at 10:01 AM
finance.yahoo.com logoSimon, General Growth's Aeropostale Deal Gets Court Nod (NYSE:GGP)
finance.yahoo.com - September 13 at 10:01 AM
News IconMall group's $243 million bid for Aéropostale's assets approved (NYSE:GGP)
www.crainsnewyork.com - September 12 at 5:00 PM
News IconGeneral Growth buying Aeropostale assets for $243 million (NYSE:GGP)
www.chicagobusiness.com - September 12 at 5:00 PM
bloomberg.com logoAeropostale Wins Approval of $243 Million Sale to Mall Group (NYSE:GGP)
www.bloomberg.com - September 12 at 5:00 PM
finance.yahoo.com logoGeneral Growth Properties to Present at Bank of America Merrill Lynch 2016 Global Real Estate Conference (NYSE:GGP)
finance.yahoo.com - September 12 at 5:00 PM
thestreet.com logoWetzel's Pretzels Parent Sold After 100 Parties Submit Bids (NYSE:GGP)
www.thestreet.com - September 10 at 4:50 PM
News IconThe Sell-side Consensus is in on General Growth Properties, Inc. (NYSE:GGP); Earnings & Target Updates (NYSE:GGP)
www.nationaldailypress.com - September 10 at 9:43 AM
nasdaq.com logoGeneral Growth Properties (GGP) Shares Cross Below 200 DMA (NYSE:GGP)
www.nasdaq.com - September 10 at 9:43 AM
News IconIs General Growth Properties, Inc(NYSE: GGP), a large market cap stock a smart buy? - The Daily Leicester (NYSE:GGP)
thedailyleicester.com - September 9 at 5:00 PM
News IconBrokerage Firm Rating Update on General Growth Properties (GGP) (NYSE:GGP)
larampadinapoli.com - September 9 at 9:57 AM
News IconBest stocks of the day: General Growth Properties, Inc (NYSE:GGP) (NYSE:GGP)
www.crcconnection.com - September 9 at 9:57 AM
News IconGeneral Growth Properties (GGP) Shares are Up 0.58% (NYSE:GGP)
myhealthbowl.com - September 9 at 9:57 AM
News IconAnalysts Valuations For Two Stocks: Synchrony Financial (NYSE:SYF), General Growth Properties Inc (NYSE:GGP) - The Voice Registrar (NYSE:GGP)
voiceregistrar.com - September 8 at 5:05 PM
finance.yahoo.com logoGeneral Growth Properties to Participate in Panel Discussion at Evercore ISI 2016 Real Estate Conference (NYSE:GGP)
finance.yahoo.com - September 7 at 5:24 PM
News IconAnalysts Valuations For Two Stocks: General Growth Properties Inc (NYSE:GGP), Valero Energy Corporation (NYSE ... - The Voice Registrar (NYSE:GGP)
voiceregistrar.com - September 7 at 8:32 AM
News IconOwner ends effort to sell part of Mizner Park in Boca (NYSE:GGP)
therealdeal.com - September 4 at 4:48 PM
bloomberg.com logoMall Group Wins Aeropostale Auction With $243.3 Million Bid (NYSE:GGP)
www.bloomberg.com - September 3 at 4:48 PM
News IconGeneral Growth Properties Inc (NYSE:GGP): Check on Price Target - Post Registrar (NYSE:GGP)
postregistrar.com - September 2 at 5:08 PM
News IconRemarkable Stock of Recent Trading - General Growth Properties, Inc's (GGP) - Hot Stocks Point (NYSE:GGP)
www.hotstockspoint.com - September 1 at 5:05 PM
finance.yahoo.com logoCoverage initiated on General Growth by Hilliard Lyons (NYSE:GGP)
finance.yahoo.com - August 31 at 9:56 AM
News IconGeneral Growth Properties, Inc's (GGP): Running Mover to Focus - Hot Stocks Point (NYSE:GGP)
www.hotstockspoint.com - August 30 at 8:19 AM
News IconGeneral Growth Properties, Inc's (GGP): Active Mover - Hot Stocks ... - Hot Stocks Point (NYSE:GGP)
www.hotstockspoint.com - August 28 at 4:48 PM
News IconBTIG Research Initiates Coverage at General Growth Properties Inc. (NYSE: GGP) - BNB Daily (blog) (NYSE:GGP)
www.baseball-news-blog.com - August 26 at 8:11 AM
News IconGeneral Growth Properties, Inc's (GGP): Volatile Stock to Watch - Hot Stocks Point (NYSE:GGP)
www.hotstockspoint.com - August 25 at 10:11 AM
News IconGeneral Growth Properties, Inc (NYSE:GGP) from REIT – Retail – Todays Top Gains (NYSE:GGP)
twincountynews.com - August 24 at 5:05 PM

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General Growth Properties (NYSE:GGP) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff