General Growth Properties Company Profile (NYSE:GGP)

About General Growth Properties (NYSE:GGP)

General Growth Properties logoGGP Inc. (GGP), formerly General Growth Properties, Inc., is a self-administered and self-managed real estate investment trust (REIT). The Company operates as a holding company, which is engaged in the operation, development and management of retail and other rental properties, primarily regional malls. As of December 31, 2016, the Company owned, either entirely or with joint venture partners, 127 retail properties located throughout the United States comprising approximately 125 million square feet of gross leasable area (GLA). As of December 31, 2016, the Company's retail properties included 200 Lafayette, The Shoppes at Buckland Hills, Northridge Fashion Center, Brass Mill Center, Jordan Creek Town Center, Westroads Mall and Stonestown Galleria. 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 and GGPOP, the Operating Partnerships), subsidiaries of GGP.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail REITs
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:GGP
  • CUSIP: 37002310
  • Web:
  • Market Cap: $19.02482 billion
  • Outstanding Shares: 880,960,000
Average Prices:
  • 50 Day Moving Avg: $21.18
  • 200 Day Moving Avg: $22.35
  • 52 Week Range: $20.31 - $27.10
  • Trailing P/E Ratio: 17.77
  • Foreward P/E Ratio: 12.99
  • P/E Growth: 6.76
Sales & Book Value:
  • Annual Revenue: $2.51 billion
  • Price / Sales: 7.43
  • Book Value: $9.29 per share
  • Price / Book: 2.28
  • Annual Dividend: $0.88
  • Dividend Yield: 4.1%
  • EBITDA: $1.76 billion
  • Net Margins: 50.01%
  • Return on Equity: 13.57%
  • Return on Assets: 5.07%
  • Debt-to-Equity Ratio: 1.54%
  • Current Ratio: 1.93%
  • Quick Ratio: 1.93%
  • Average Volume: 5.67 million shs.
  • Beta: 0.77
  • Short Ratio: 9.27

Frequently Asked Questions for General Growth Properties (NYSE:GGP)

What is General Growth Properties' stock symbol?

General Growth Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGP."

How often does General Growth Properties pay dividends? What is the dividend yield for General Growth Properties?

General Growth Properties announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Friday, October 13th will be given a dividend of $0.22 per share on Tuesday, October 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date is Thursday, October 12th. View General Growth Properties' Dividend History.

How were General Growth Properties' earnings last quarter?

General Growth Properties, Inc. (NYSE:GGP) posted its earnings results on Wednesday, August, 2nd. The company reported $0.13 EPS for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.22. The firm had revenue of $555.80 million for the quarter, compared to analysts' expectations of $576.75 million. General Growth Properties had a net margin of 50.01% and a return on equity of 13.57%. During the same period in the prior year, the business earned $0.35 EPS. View General Growth Properties' Earnings History.

When will General Growth Properties make its next earnings announcement?

General Growth Properties is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for General Growth Properties.

What guidance has General Growth Properties issued on next quarter's earnings?

General Growth Properties updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $1.56-1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.56. General Growth Properties also updated its Q3 guidance to $0.36-0.38 EPS.

Where is General Growth Properties' stock going? Where will General Growth Properties' stock price be in 2017?

10 analysts have issued twelve-month price targets for General Growth Properties' shares. Their predictions range from $22.00 to $27.50. On average, they anticipate General Growth Properties' stock price to reach $24.80 in the next twelve months. View Analyst Ratings for General Growth Properties.

Are investors shorting General Growth Properties?

General Growth Properties saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 63,773,175 shares, an increase of 5.6% from the September 15th total of 60,388,060 shares. Based on an average daily trading volume, of 6,618,381 shares, the days-to-cover ratio is presently 9.6 days. Approximately 10.2% of the shares of the company are sold short.

Who are some of General Growth Properties' key competitors?

Who are General Growth Properties' key executives?

General Growth Properties' management team includes the folowing people:

  • Bruce J. Flatt, Independent Chairman of the Board
  • Shobi Khan, President, Chief Operating Officer
  • Sandeep Lakhmi Mathrani, Chief Executive Officer, Director
  • Michael B. Berman, Chief Financial Officer, Executive Vice President
  • Marvin J. Levine, Executive Vice President, Chief Legal Officer
  • Richard S. Pesin, Executive Vice President - Anchors, Development and Construction
  • Tara L. Marszewski, Senior Vice President, Chief Accounting Officer
  • Richard Byron Clark, Independent Director
  • Mary Lou Fiala, Independent Director
  • Janice R. Fukakusa, Independent Director

Who owns General Growth Properties stock?

General Growth Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BROOKFIELD ASSET MANAGEMENT INC. (34.40%). Company insiders that own General Growth Properties stock include Abu Dhabi Investment Authority, Alan J Barocas, John K Haley, Michael B Berman, Sandeep Mathrani and Tara Marszewski. View Institutional Ownership Trends for General Growth Properties.

How do I buy General Growth Properties stock?

Shares of General Growth Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is General Growth Properties' stock price today?

One share of General Growth Properties stock can currently be purchased for approximately $21.18.

MarketBeat Community Rating for General Growth Properties (NYSE GGP)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  303 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  598
MarketBeat's community ratings are surveys of what our community members think about General Growth Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for General Growth Properties (NYSE:GGP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $24.80 (17.09% upside)
Consensus Price Target History for General Growth Properties (NYSE:GGP)
Price Target History for General Growth Properties (NYSE:GGP)
Analysts' Ratings History for General Growth Properties (NYSE:GGP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/26/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$25.00MediumView Rating Details
9/11/2017BMO Capital MarketsInitiated CoverageMarket Perform$22.00MediumView Rating Details
8/17/2017Royal Bank Of CanadaLower Price TargetOutperform$28.00 -> $25.00MediumView Rating Details
8/14/2017Citigroup Inc.Lower Price TargetBuy$30.00 -> $27.50MediumView Rating Details
8/3/2017Sandler O'NeillDowngradeBuy -> Hold$31.00 -> $24.00LowView Rating Details
7/14/2017Stifel NicolausInitiated CoverageBuy$27.00HighView Rating Details
6/20/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$23.00 -> $22.00MediumView Rating Details
6/9/2017Barclays PLCLower Price TargetEqual Weight$25.00 -> $24.00LowView Rating Details
5/30/2017MizuhoDowngradeBuy -> Neutral$30.00 -> $24.50MediumView Rating Details
1/9/2017Deutsche Bank AGReiterated RatingBuy -> Hold$36.00 -> $27.00N/AView Rating Details
10/12/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$35.00N/AView Rating Details
8/31/2016Hilliard LyonsInitiated CoverageNeutralN/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$35.00N/AView Rating Details
8/3/2016Credit Suisse GroupReiterated RatingOutperform$32.00 -> $33.00N/AView Rating Details
5/2/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
3/21/2016Evercore ISIBoost Price Target$32.00N/AView Rating Details
1/14/2016SunTrust Banks, Inc.Lower Price TargetBuy$35.00 -> $30.00N/AView Rating Details
12/4/2015Boenning ScattergoodInitiated CoverageOutperform$32.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for General Growth Properties (NYSE:GGP)
Earnings by Quarter for General Growth Properties (NYSE:GGP)
Earnings History by Quarter for General Growth Properties (NYSE GGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.12N/AView Earnings Details
8/2/20176/30/2017$0.35$0.13$576.75 million$555.80 millionViewListenView Earnings Details
5/1/2017Q1 2017$0.36$0.11$561.66 million$566.33 millionViewListenView Earnings Details
1/30/2017Q416$0.43$0.43$602.50 million$610.30 millionViewListenView Earnings Details
10/31/2016Q316$0.35$0.35$564.02 million$554.50 millionViewListenView Earnings Details
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$683.73 million$673.02 millionViewN/AView Earnings Details
10/27/2014Q314$0.32$0.33$611.70 million$631.80 millionViewN/AView Earnings Details
7/28/2014Q214$0.31$0.31$606.60 million$617.62 millionViewN/AView Earnings Details
4/28/2014Q114$0.30$0.31$612.90 million$631.92 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)
2017 EPS Consensus Estimate: $1.58
2018 EPS Consensus Estimate: $1.69
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.35$0.36$0.36
Q2 20173$0.34$0.37$0.35
Q3 20173$0.39$0.40$0.39
Q4 20173$0.46$0.49$0.48
Q1 20182$0.38$0.40$0.39
Q2 20182$0.39$0.39$0.39
Q3 20182$0.41$0.41$0.41
Q4 20182$0.49$0.50$0.50
(Data provided by Zacks Investment Research)


Current Dividend Information for General Growth Properties (NYSE:GGP)
Next Dividend:10/31/2017
Annual Dividend:$0.88
Dividend Yield:4.15%
Dividend Growth:17.10% (3 Year Average)
Payout Ratio:73.95% (Trailing 12 Months of Earnings)
55.35% (Based on This Year's Estimates)
53.99% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for General Growth Properties (NYSE:GGP)

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

Insider Trades

Insider Trading and Institutional Ownership History for General Growth Properties (NYSE:GGP)
Insider Ownership Percentage: 35.60%
Institutional Ownership Percentage: 95.23%
Insider Trades by Quarter for General Growth Properties (NYSE:GGP)
Institutional Ownership by Quarter for General Growth Properties (NYSE:GGP)
Insider Trades by Quarter for General Growth Properties (NYSE:GGP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/16/2017Michael B. BermanCFOSell150,000$25.00$3,750,000.00View SEC Filing  
1/9/2017Tara MarszewskiSVPSell242$25.60$6,195.20View SEC Filing  
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)


Headline Trends for General Growth Properties (NYSE:GGP)
Latest Headlines for General Growth Properties (NYSE:GGP)
DateHeadline logoIs the Options Market Predicting a Spike in GGP Inc. (GGP) Stock? - October 18 at 11:23 PM logoHead-To-Head Survey: Retail Opportunity Investments Corp. (ROIC) & General Growth Properties (GGP) - October 18 at 10:20 PM logoContrasting DDR Corp. (DDR) and General Growth Properties (GGP) - October 17 at 10:52 AM logoGeneral Growth Properties, Inc. (GGP) Short Interest Update - October 15 at 1:20 AM logoReviewing General Growth Properties (GGP) and Its Peers - October 14 at 4:28 PM logoUnlocking The Secrets Behind This Beaten Down Mall REIT - October 9 at 7:14 PM logoShould You Expect GGP Inc (GGP) To Continue Delivering An ROE Of 13.34%? - October 8 at 5:43 PM logoHead to Head Analysis: General Growth Properties (GGP) vs. Cedar Realty Trust (CDR) - October 8 at 4:34 AM logoInvestors Purchase Large Volume of General Growth Properties Call Options (GGP) - October 8 at 2:08 AM logoChicago burger joint hunting for Ohio franchisees - October 6 at 7:30 PM logoGGP, Inc. breached its 50 day moving average in a Bullish Manner : GGP-US : October 6, 2017 - October 6 at 7:30 PM logoCitigroup Commercial Mortgage Trust 2015-GC35 -- Moody's Affirms Nine Classes of CGCMT 2015-GC35 - October 6 at 7:30 PM logoGGP Schedules Third Quarter 2017 Earnings Release and Conference Call - October 3 at 9:02 AM logoFinancial Contrast: Simon Property Group (SPG) versus General Growth Properties (GGP) - October 2 at 2:26 PM logo$570.99 Million in Sales Expected for General Growth Properties, Inc. (GGP) This Quarter - October 2 at 1:52 AM logoGeneral Growth Properties, Inc. (GGP) Receives Average Recommendation of "Hold" from Analysts - October 1 at 12:08 AM logoGeneral Growth Properties, Inc. (GGP) Expected to Announce Earnings of $0.37 Per Share - September 30 at 10:20 PM logoPREIT's 4% gain leads mall names higher - Seeking Alpha - September 26 at 6:51 PM logoGGP Announces the Retirement of Michael B. Berman as CFO and the Appointment of Heath R. Fear - September 22 at 2:31 PM logo[$$] GGP Names New Finance Chief - September 22 at 2:31 PM logoGeneral Growth Properties (GGP) vs. Rouse Properties (RSE) Head to Head Comparison - September 21 at 2:14 AM logoFinancial Comparison: CoreSite Realty Corporation (COR) vs. General Growth Properties (GGP) - September 20 at 4:14 PM logoFY2017 EPS Estimates for General Growth Properties, Inc. (GGP) Boosted by Analyst - September 20 at 7:44 AM logoHead to Head Contrast: Wheeler Real Estate Investment Trust (WHLR) & General Growth Properties (GGP) - September 18 at 6:34 AM logoHead-To-Head Analysis: General Growth Properties (GGP) versus Its Rivals - September 16 at 10:32 AM logo Brokerages Anticipate General Growth Properties, Inc. (GGP) Will Announce Quarterly Sales of $582.42 Million - September 14 at 9:21 AM logoComparing Saul Centers (BFS) & General Growth Properties (GGP) - September 13 at 12:38 AM logoGeneral Growth Properties, Inc. (GGP) Coverage Initiated at BMO Capital Markets - September 11 at 9:32 PM logoGGP Down 2.8% Since Earnings Report: Can It Rebound? - September 11 at 4:13 AM logoStock Traders Buy High Volume of Call Options on General Growth Properties (GGP) - September 7 at 1:14 AM logoGGP to Participate in Panel Discussion at Evercore ISI 2017 Real Estate Conference - September 6 at 6:57 PM logoGeneral Growth Properties, Inc. (GGP) Given Average Rating of "Hold" by Brokerages - September 6 at 12:34 AM logoBulls say watch this mining name & a real estate mover - September 1 at 7:23 PM logoCoronado Center restaurant shuts doors - August 31 at 4:05 AM logoReviewing Pennsylvania R.E.I.T. (PEI) and General Growth Properties (GGP) - August 28 at 2:18 AM logo$588.82 Million in Sales Expected for General Growth Properties, Inc. (GGP) This Quarter - August 26 at 11:52 AM logoChris Davis Keeps Buying Intel,, Novartis - August 25 at 6:01 AM logo$0.37 EPS Expected for General Growth Properties, Inc. (GGP) This Quarter - August 24 at 4:22 PM logoGGP, Inc. : GGP-US: Dividend Analysis : July 13th, 2017 (record date) : By the numbers : August 22, 2017 - August 22 at 7:34 PM logoGeneral Growth Properties, Inc. (GGP) Price Target Cut to $25.00 - August 17 at 10:06 AM logoGeneral Growth Properties, Inc. (NYSE:GGP) PT Lowered to $27.50 at Citigroup Inc. - August 14 at 10:34 PM logoStocks That Fell to 3-Year Lows in the Week of August 11 - August 14 at 7:22 PM logoReviewing Agree Realty Corporation (ADC) and General Growth Properties (GGP) - August 13 at 2:24 PM logoGeneral Growth Properties, Inc. (NYSE:GGP) Given Average Recommendation of "Hold" by Analysts - August 12 at 12:44 AM logo[$$] Counting Heads - August 12 at 12:30 AM logoHow GGP Stacks Up against Its Peers after 2Q17 - August 10 at 11:36 PM logoSimon Property Compared to Its Peers after 2Q17 - August 8 at 6:43 PM logoGGP’s 2Q17 Results from an Investor’s Perspective - August 8 at 6:43 PM logoGGP’s Revenue Rode High in 2Q17, Backed by New Leases - August 8 at 6:43 PM logoWhat Caused GGP’s Soft Rent Growth in 2Q17? - August 8 at 6:43 PM



General Growth Properties (GGP) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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