Simon Property Group Company Profile (NYSE:SPG)

About Simon Property Group

Simon Property Group logoSimon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills. Simon Property Group, L.P. (Operating Partnership), is the Company's partnership subsidiary that owns all of its real estate properties and other assets. The Company owns an interest in approximately 210 income-producing properties in the United States, which consists of approximately 110 malls, 70 Premium Outlets, 15 Mills and 12 other retail properties in over 35 states and Puerto Rico. The Company also owns The Mills at Jersey Gardens in Elizabeth, New Jersey, and University Park Village in Fort Worth, Texas. The Company is involved in redevelopment and expansion projects, including the addition of anchors and big box tenants, underway at approximately 25 properties in the United States.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: SPG
  • CUSIP: 82880610
Key Metrics:
  • Previous Close: $196.55
  • 50 Day Moving Average: $206.30
  • 200 Day Moving Average: $209.21
  • 52-Week Range: $176.11 - $229.10
  • Trailing P/E Ratio: 34.91
  • Foreward P/E Ratio: 16.78
  • P/E Growth: 2.37
  • Market Cap: $61.76B
  • Outstanding Shares: 314,231,000
  • Beta: 0.75
  • Net Margins: 34.03%
  • Return on Equity: 34.61%
  • Return on Assets: 5.86%
  • Debt-to-Equity Ratio: 4.35%
  • Current Ratio: 1.23%
  • Quick Ratio: 1.23%
Additional Links:
Companies Related to Simon Property Group:

Analyst Ratings

Consensus Ratings for Simon Property Group (NYSE:SPG) (?)
Ratings Breakdown: 3 Hold Ratings, 12 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $236.81 (20.48% upside)

Analysts' Ratings History for Simon Property Group (NYSE:SPG)
DateFirmActionRatingPrice TargetDetails
9/16/2016Canaccord GenuityReiterated RatingBuyView Rating Details
8/25/2016BTIG ResearchInitiated CoverageBuy$266.00View Rating Details
8/17/2016Deutsche Bank AGBoost Price TargetBuy$232.00 -> $233.00View Rating Details
8/11/2016ArgusSet Price TargetBuy$235.00 -> $245.00View Rating Details
8/3/2016MizuhoDowngradeBuy -> Neutral$238.00View Rating Details
8/2/2016RBC Capital MarketsDowngradeOutperform -> Sector Perform$220.00 -> $230.00View Rating Details
8/2/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$220.00 -> $230.00View Rating Details
8/1/2016Stifel NicolausBoost Price TargetBuy$232.00 -> $240.00View Rating Details
6/13/2016Goldman Sachs Group Inc.DowngradeConviction-Buy -> Buy$243.00 -> $236.00View Rating Details
4/27/2016Jefferies GroupReiterated RatingBuyView Rating Details
4/1/2016Citigroup Inc.Boost Price TargetBuy$214.00 -> $235.00View Rating Details
3/21/2016Evercore ISIBoost Price TargetBuy$213.00 -> $220.00View Rating Details
1/29/2016Raymond James Financial Inc.Lower Price Target$235.00 -> $220.00View Rating Details
1/12/2016Cowen and CompanyReiterated RatingOutperform$241.00View Rating Details
12/4/2015Boenning ScattergoodInitiated CoverageOutperform$230.00View Rating Details
11/2/2015Barclays PLCBoost Price TargetOverweight$233.00 -> $245.00View Rating Details
10/16/2015Morgan StanleyBoost Price Target$217.00 -> $220.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$210.00 -> $205.00View Rating Details
7/3/2015Credit Suisse Group AGReiterated RatingOutperform$230.00View Rating Details
4/26/2015MLV & Co.Reiterated RatingHold$207.00View Rating Details
4/6/2015JPMorgan Chase & Co.Reiterated RatingOverweight$215.00View Rating Details
3/16/2015SunTrust Banks Inc.Lower Price TargetBuy$225.00 -> $220.00View Rating Details
1/14/2015Wells Fargo & Co.UpgradeOverweightView Rating Details
(Data available from 10/21/2014 forward)


Earnings History for Simon Property Group (NYSE:SPG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016Q316$2.68$1.35 billionListenView Earnings Details
7/27/2016Q216$2.62$2.63$1.33 billion$1.32 billionViewListenView Earnings Details
4/26/2016Q116$2.54$2.63$1.26 billion$1.34 billionViewListenView Earnings Details
1/29/2016Q415$2.40$2.40$1.38 billion$1.38 billionViewListenView Earnings Details
10/27/2015Q315$2.47$2.54$1.30 billion$1.32 billionViewListenView Earnings Details
7/24/2015Q215$2.35$2.63$1.24 billion$1.35 billionViewListenView Earnings Details
4/24/2015Q115$2.26$2.28$1.22 billion$1.22 billionViewListenView Earnings Details
1/30/2015Q414$2.47$2.47$1.31 billion$1.30 billionViewListenView Earnings Details
10/22/2014Q314$1.95$1.90$1.19 billion$1.23 billionViewListenView Earnings Details
7/23/2014Q214$2.13$2.16$1.25 billion$1.18 billionViewListenView Earnings Details
4/22/2014Q114$2.24$2.38$1.30 billion$1.32 billionViewListenView Earnings Details
1/31/2014Q413$2.42$2.47$1.39 billion$1.42 billionViewListenView Earnings Details
10/25/2013Q313$2.16$2.21$1.30 billionViewListenView Earnings Details
7/29/2013Q213$2.07$2.11$1.24 billion$1.24 billionViewListenView Earnings Details
4/26/2013Q113$2.00$2.05$1.19 billion$1.22 billionViewListenView Earnings Details
2/4/2013Q4 2012$2.16$2.29$1.29 billion$13.44 billionViewListenView Earnings Details
10/25/2012$1.92$1.99ViewN/AView Earnings Details
7/24/2012$1.81$1.89ViewN/AView Earnings Details
4/27/2012$1.67$1.82ViewN/AView Earnings Details
2/3/2012$1.91$1.91ViewN/AView Earnings Details
10/25/2011$1.66$1.71ViewN/AView Earnings Details
4/29/2011$1.54$1.61ViewN/AView Earnings Details
2/4/2011$1.74$1.75ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Simon Property Group (NYSE:SPG)
Current Year EPS Consensus Estimate: $10.86 EPS
Next Year EPS Consensus Estimate: $11.71 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$2.55$2.55$2.55
Q2 20162$2.61$2.63$2.62
Q3 20162$2.67$2.72$2.70
Q4 20162$2.88$2.90$2.89
Q1 20171$2.69$2.69$2.69
Q2 20171$2.83$2.83$2.83
Q3 20171$2.93$2.93$2.93
Q4 20171$3.16$3.16$3.16
Q1 20181$2.94$2.94$2.94
Q2 20181$3.07$3.07$3.07
(Data provided by Zacks Investment Research)


Current Dividend Information for Simon Property Group (NYSE:SPG)
Annual Dividend:$6.60
Dividend Yield:3.36%
Dividend Growth:13.80% (3 Year Average)
Payout Ratio:117.23% (Based on Trailing 12 Months of Earnings)
60.77% (Based on Current Year Consensus EPS Estimate)
56.36% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Simon Property Group (NYSE:SPG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Simon Property Group (NYSE:SPG)
Insider Ownership Percentage: 8.50%
Institutional Ownership Percentage: 98.55%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2016Steven K BroadwaterSVPSell945$215.41$203,562.45View SEC Filing  
8/29/2016Andrew JusterCFOSell7,000$215.68$1,509,760.00View SEC Filing  
4/28/2016Allan B HubbardDirectorBuy136$204.92$27,869.12View SEC Filing  
3/21/2016David J ContisEVPSell11,000$202.63$2,228,930.00View SEC Filing  
12/22/2015Allan B HubbardDirectorBuy145$192.70$27,941.50View SEC Filing  
8/18/2015Steven K BroadwaterCAOSell1,489$194.17$289,119.13View SEC Filing  
12/24/2014John RulliEVPSell5,400$186.28$1,005,912.00View SEC Filing  
12/23/2014Stephen E SterrettCFOSell9,369$186.21$1,744,601.49View SEC Filing  
12/22/2014Andrew JusterEVPSell7,500$185.51$1,391,325.00View SEC Filing  
6/26/2014Steven K BroadwaterCAOSell1,370$165.88$227,255.60View SEC Filing  
3/5/2014David ContisEVPSell4,000$164.27$657,080.00View SEC Filing  
12/27/2013Stephen SterrettCFOSell8,955$153.14$1,371,368.70View SEC Filing  
12/26/2013James BarkleyGeneral CounselSell4,000$154.40$617,600.00View SEC Filing  
3/12/2013Larry C GlasscockDirectorBuy1,500$159.99$239,985.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Simon Property Group (NYSE:SPG)
News IconEarnings According to Analysts for Simon Property Group, Inc. (NYSE:SPG)? - CSZ News (NYSE:SPG) - October 21 at 11:00 AM
News IconNoteworthy Analyst Ratings of Two Stocks: Simon Property Group ... - The Voice Registrar (NYSE:SPG) - October 21 at 11:00 AM
News IconMeag Munich Ergo Kapitalanlagegesellschaft MBH Maintains Stake in Simon Property Group Inc. (SPG) - DailyQuint (NYSE:SPG) - October 21 at 11:00 AM
News Icon13F Activity: Cleararc Capital INC Raised Position in Simon Property Group INC (SPG) as Stock Rose - Chester News (NYSE:SPG) - October 21 at 11:00 AM
News IconBest stocks of the day: Simon Property Group Inc. (NYSE:SPG) (NYSE:SPG) - October 19 at 7:02 PM logo​SouthPark mall says ‘no’ to proposed ZOM mixed-use project (NYSE:SPG) - October 19 at 7:02 PM
News Icon13F: As Simon Property Group INC (SPG) Share Price Rose, Shareholder Adelante Capital Management LLC Has ... - Chester News (NYSE:SPG) - October 19 at 12:49 PM
News IconUpdate on Simon Property Group Inc. (NYSE:SPG) for the day (NYSE:SPG) - October 18 at 7:16 PM logoMore global retailers sign on for Galleria's new wing (NYSE:SPG) - October 18 at 7:16 PM
News IconTwo Financial Stocks Are Hot: Simon Property Group Inc. (SPG), The PNC Financial Services Group, Inc. (PNC) - The Independent Republic (NYSE:SPG) - October 18 at 12:26 PM
News Icon13F: Cbre Clarion Securities LLC Trimmed Simon Property Group INC (SPG) Stake as Market Valuation Rose - Chester News (NYSE:SPG) - October 18 at 12:26 PM logoSIMON PROPERTY GROUP INC /DE/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and (NYSE:SPG) - October 18 at 12:26 PM
News IconFilings Worth Watching: Brookfield Asset Management INC Decreased Simon Ppty Group INC New (SPG) Stake as ... - Chester News (NYSE:SPG) - October 17 at 7:17 PM logoSimon Property Group Announces Industry Veteran James M. Barkley To Be Succeeded By Steven E. Fivel As General Counsel And Secretary (NYSE:SPG) - October 17 at 7:17 PM logo2016 Integrated Report Now Released (NYSE:SPG) - October 17 at 12:14 PM logoSimon Property Group, Inc. : SPG-US: Dividend Analysis : August 17th, 2016 (record date) : By the numbers : October 14, 2016 (NYSE:SPG) - October 14 at 7:13 PM logoLegal & General Group Plc Bought A Little More Simon Property Group, Inc. Comm (SPG) Stock In The Last Quarter (NYSE:SPG) - October 14 at 10:42 AM
News IconFund Move to Note: As Simon Property Group INC (SPG) Market ... - Chester News (NYSE:SPG) - October 13 at 7:36 PM logoSouthridge Mall, Pleasant Prairie and Johnson Creek outlets set Black Friday weekend plans (NYSE:SPG) - October 13 at 7:36 PM
News IconBargain-Counter Stock or Pricey? Update on Simon Property Group Inc. (NYSE:SPG) - CSZ News (NYSE:SPG) - October 13 at 11:14 AM
News IconWhat is the Sell-side Saying About Simon Property Group, Inc. (NYSE:SPG)? - CSZ News (NYSE:SPG) - October 13 at 11:14 AM
News IconLatest Analyst Ratings For Simon Property Group, Inc. (NYSE:SPG ... - The De Soto Edge (NYSE:SPG) - October 12 at 10:48 AM
News IconIn it for the Long Haul: Update on Simon Property Group Inc. (NYSE:SPG) - CSZ News (NYSE:SPG) - October 12 at 10:48 AM
News IconLarge Cap REIT – Retail: Simon Property Group Inc. (NYSE:SPG) (NYSE:SPG) - October 11 at 8:04 PM
News IconHolder Worth Mentioning: As Simon Property Group INC (SPG) Share Value Rose, Holder Lasalle Investment ... - Chester News (NYSE:SPG) - October 11 at 1:17 PM logoIYR, PTH: Big ETF Outflows (NYSE:SPG) - October 11 at 11:19 AM
News IconAnalysts Valuations For Two Stocks: Northrop Grumman Corporation (NYSE:NOC), Simon Property Group Inc (NYSE ... - The Voice Registrar (NYSE:SPG) - October 10 at 6:52 PM
News IconSimon Property Group Inc. (NYSE:SPG) Near to Lift Curtain on December 2016 Earnings - The Voice Registrar (NYSE:SPG) - October 10 at 6:52 PM logoGet Actual Growth With 8% Yields (NYSE:SPG) - October 10 at 12:04 PM logoSimon Property Group, Inc. (NYSE:SPG) Stock Rating Stands At 1.72 - Investor Newswire (NYSE:SPG) - October 9 at 6:39 PM
News IconHistory of Simon Property Group Inc. (NYSE:SPG) stock price after earnings - The Independent Republic (NYSE:SPG) - October 7 at 12:22 PM
News Icon2 Stocks Attracting Analyst Attention: T-Mobile US Inc (NASDAQ:TMUS), Simon Property Group Inc (NYSE:SPG) - The Voice Registrar (NYSE:SPG) - October 6 at 7:08 PM
News IconSteering Attention Towards Earnings; Analysts Weigh in on Simon Property Group, Inc. (NYSE:SPG) Stock - CSZ News (NYSE:SPG) - October 6 at 7:08 PM
News IconGrowth Analysis of Simon Property Group, Inc. (NYSE:SPG) - Newburgh Press (NYSE:SPG) - October 6 at 7:08 PM logoSimon Property Group Enters Oversold Territory - Forbes (NYSE:SPG) - October 6 at 7:08 PM
News IconInstitutional Move: Morgan Stanley Lifted Position in Simon Ppty Group INC New (SPG) by $7.34 Million - Chester News (NYSE:SPG) - October 4 at 6:57 PM logoSimon Property Group Enters Oversold Territory (NYSE:SPG) - October 4 at 11:59 AM logoSPG Crosses Below Key Moving Average Level (NYSE:SPG) - October 3 at 6:55 PM logoMall Owners Play Offense In Aéropostale Deal (NYSE:SPG) - October 3 at 6:55 PM
News IconSimon Property Group Inc. (NYSE:SPG) from REIT – Retail – Todays Top Gains (NYSE:SPG) - October 3 at 12:03 PM
News IconSimon Property Group, Inc. (NYSE:SPG) Upgrades/Downgrades Update - Newburgh Press (NYSE:SPG) - October 2 at 6:24 PM
News IconNotable SEC Filing: New Mexico Educational Retirement Board Has ... - Chester News (NYSE:SPG) - October 1 at 6:28 PM
News IconSimon Property Group Inc. (NYSE:SPG) – Top Stock from Financial Sector - The Daily Leicester (NYSE:SPG) - October 1 at 6:25 AM logoSimon Making Splash With Aéropostale Deal (SPG) (NYSE:SPG) - September 30 at 7:29 PM
News IconPay Close Attention To These Analyst Ratings General Growth Properties Inc (NYSE:GGP), Simon Property Group Inc ... - The Voice Registrar (NYSE:SPG) - September 30 at 1:15 PM
News IconLooking at This Dividend Stock With Upside Possibility: Simon Property Group Inc. (NYSE:SPG) - Post News (NYSE:SPG) - September 30 at 1:15 PM logoSimon Goes More Than Pink™ With Susan G. Komen® To Reduce Breast Cancer Deaths By 50 Percent In The Next Ten Years (NYSE:SPG) - September 29 at 12:49 PM
News IconA look at a High Market Cap Stock: Simon Property Group Inc., SPG - The Daily Leicester (NYSE:SPG) - September 28 at 12:37 PM logoSimon to Bring French Retailers at Stanford Shopping Center (NYSE:SPG) - September 28 at 12:37 PM logoSimon Property : Mall Owners Go on Defensive to Rescue Aéropostale (NYSE:SPG) - September 27 at 12:00 PM


Simon Property Group (NYSE:SPG) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff