NYSE:SPG - Simon Property Group Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $176.63 +2.92 (+1.68 %) (As of 04/23/2019 04:00 PM ET)Previous Close$173.71Today's Range$173.96 - $177.2252-Week Range$145.78 - $191.49Volume34,418 shsAverage Volume1.39 million shsMarket Capitalization$54.57 billionP/E Ratio14.56Dividend Yield4.61%Beta0.57 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE:SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. 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Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:SPG Previous Symbol CUSIP82880610 CIK1063761 Webwww.simon.com Phone317-636-1600Debt Debt-to-Equity Ratio6.21 Current Ratio0.97 Quick Ratio0.97Price-To-Earnings Trailing P/E Ratio14.56 Forward P/E Ratio14.18 P/E Growth3.04 Sales & Book Value Annual Sales$5.66 billion Price / Sales9.65 Cash Flow$11.7362 per share Price / Cash Flow15.05 Book Value$11.72 per share Price / Book15.07Profitability EPS (Most Recent Fiscal Year)$12.13 Net Income$2.44 billion Net Margins43.11% Return on Equity63.21% Return on Assets7.89%Miscellaneous Employees5,000 Outstanding Shares308,969,000Market Cap$54.57 billion Next Earnings Date4/30/2019 (Confirmed) OptionableOptionable Simon Property Group (NYSE:SPG) Frequently Asked Questions What is Simon Property Group's stock symbol? Simon Property Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPG." How often does Simon Property Group pay dividends? What is the dividend yield for Simon Property Group? Simon Property Group announced a quarterly dividend on Friday, February 1st. Shareholders of record on Thursday, February 14th will be paid a dividend of $2.05 per share on Thursday, February 28th. This represents a $8.20 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date is Wednesday, February 13th. This is an increase from Simon Property Group's previous quarterly dividend of $2.00. View Simon Property Group's Dividend History. How will Simon Property Group's stock buyback program work? Simon Property Group announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 12th 2019, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued. How were Simon Property Group's earnings last quarter? Simon Property Group Inc (NYSE:SPG) announced its quarterly earnings data on Friday, February, 1st. The real estate investment trust reported $3.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $3.24 by $0.01. The real estate investment trust earned $1.46 billion during the quarter, compared to analysts' expectations of $1.45 billion. Simon Property Group had a net margin of 43.11% and a return on equity of 63.21%. Simon Property Group's revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.84 EPS. View Simon Property Group's Earnings History. When is Simon Property Group's next earnings date? Simon Property Group is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for Simon Property Group. What guidance has Simon Property Group issued on next quarter's earnings? Simon Property Group updated its FY19 earnings guidance on Friday, February, 1st. The company provided earnings per share guidance of $12.30-12.40 for the period, compared to the Thomson Reuters consensus estimate of $12.49. What price target have analysts set for SPG? 14 analysts have issued 1 year price targets for Simon Property Group's shares. Their forecasts range from $180.00 to $240.00. On average, they anticipate Simon Property Group's stock price to reach $195.2143 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for Simon Property Group. What is the consensus analysts' recommendation for Simon Property Group? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Simon Property Group. What are Wall Street analysts saying about Simon Property Group stock? Here are some recent quotes from research analysts about Simon Property Group stock: 1. Mizuho analysts commented, "We are raising our 1Q19 / 2019 FFO estimates after SPG disclosed (in its recently filed 10-K) $68M of insurance settlement income in 1Q19. The settlement dates back to flood damage sustained at and is yet another example of the multiple Other Income levers SPG has at is disposable, a key risk we recently outlined in our SPG downgrade (to Neutral). Updated model attached." (2/26/2019) 2. According to Zacks Investment Research, "Shares of Simon Property have outperformed its industry over the past three months. Also, the trend in estimate revisions of current-year funds from operations (FFO) per share indicates a favorable outlook for the company. Simon Property recently reported third-quarter 2018 FFO per share of $3.05, which surpassed the Zacks Consensus Estimate. Results highlight increase in base minimum rent per square foot and leasing spread per square foot at its U.S. malls and Premium Outlets. It also raised its outlook for 2018. Notably, Simon Property has a diversified exposure to retail assets in the United States and abroad. It has a strong and improving balance sheet. The company is poised to gain from new development, redevelopment, expansion and acquisition efforts. Nonetheless, the implementation of such measures requires a decent upfront cost and therefore, may limit any robust growth in its near-term profit margins. Rate hike has added to its woes." (10/29/2018) Has Simon Property Group been receiving favorable news coverage? News articles about SPG stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Simon Property Group earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. Who are some of Simon Property Group's key competitors? Some companies that are related to Simon Property Group include American Tower (AMT), CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), SBA Communications (SBAC), Ventas (VTR), Realty Income (O), Boston Properties (BXP), Weyerhaeuser (WY) and Essex Property Trust (ESS). What other stocks do shareholders of Simon Property Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Simon Property Group investors own include AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), Home Depot (HD), NVIDIA (NVDA), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC) and Realty Income (O). Who are Simon Property Group's key executives? Simon Property Group's management team includes the folowing people: Mr. David E. Simon, Chairman, CEO & Pres (Age 57)Mr. Brian J. McDade, Exec. VP, CFO & Treasurer (Age 40)Mr. John Rulli, Chief Admin. Officer & Pres of Malls (Age 63)Mr. Steven E. Fivel, Gen. Counsel & Sec. (Age 58)Mr. Larry Clayborn Glasscock, Lead Independent Director (Age 71) Who are Simon Property Group's major shareholders? Simon Property Group's stock is owned by many different of retail and institutional investors. Top institutional investors include PGGM Investments (1.22%), Resolution Capital Ltd (0.40%), Strs Ohio (0.19%), Factory Mutual Insurance Co. (0.11%), Douglas Lane & Associates LLC (0.08%) and State of Alaska Department of Revenue (0.05%). Company insiders that own Simon Property Group stock include John Rulli and Steven K Broadwater. View Institutional Ownership Trends for Simon Property Group. Which institutional investors are selling Simon Property Group stock? SPG stock was sold by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Strs Ohio, Pennsylvania Trust Co, First American Trust FSB, Capital Investment Advisors LLC, Valeo Financial Advisors LLC, State of Alaska Department of Revenue and Gyroscope Capital Management Group LLC. Company insiders that have sold Simon Property Group company stock in the last year include John Rulli and Steven K Broadwater. View Insider Buying and Selling for Simon Property Group. Which institutional investors are buying Simon Property Group stock? SPG stock was bought by a variety of institutional investors in the last quarter, including 6 Meridian, Pacer Advisors Inc., Timbercreek Investment Management Inc., Virtu Financial LLC, Contravisory Investment Management Inc., PGGM Investments, Shorepoint Capital Partners LLC and First Citizens Bank & Trust Co.. View Insider Buying and Selling for Simon Property Group. How do I buy shares of Simon Property Group? Shares of SPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Simon Property Group's stock price today? One share of SPG stock can currently be purchased for approximately $176.63. How big of a company is Simon Property Group? Simon Property Group has a market capitalization of $54.57 billion and generates $5.66 billion in revenue each year. The real estate investment trust earns $2.44 billion in net income (profit) each year or $12.13 on an earnings per share basis. Simon Property Group employs 5,000 workers across the globe. What is Simon Property Group's official website? The official website for Simon Property Group is http://www.simon.com. How can I contact Simon Property Group? Simon Property Group's mailing address is 225 WEST WASHINGTON STREET, INDIANAPOLIS IN, 46204. The real estate investment trust can be reached via phone at 317-636-1600 or via email at [email protected] MarketBeat Community Rating for Simon Property Group (NYSE SPG)Community Ranking: 3.3 out of 5 ( )Outperform Votes: 730 (Vote Outperform)Underperform Votes: 375 (Vote Underperform)Total Votes: 1,105MarketBeat's community ratings are surveys of what our community members think about Simon Property Group and other stocks. Vote "Outperform" if you believe SPG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPG will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 4/23/2019 by MarketBeat.com StaffFeatured Article: Why do companies pay special dividends?