Simon Property Group Stock Price, News & Analysis (NYSE:SPG) $122.76 +0.66 (+0.54%) (As of 11/29/2023 ET) Add Compare Share Share Today's Range$122.58▼$124.5150-Day Range$103.34▼$122.7652-Week Range$100.17▼$133.08Volume1.15 million shsAverage Volume1.30 million shsMarket Capitalization$40.05 billionP/E Ratio18.19Dividend Yield6.19%Price Target$128.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Simon Property Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside5.0% Upside$128.90 Price TargetShort InterestHealthy1.32% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment1.19Based on 6 Articles This WeekInsider TradingAcquiring Shares$103,022 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 starsFinance Sector609th out of 878 stocksReal Estate Investment Trusts Industry119th out of 183 stocks 1.3 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $128.90, Simon Property Group has a forecasted upside of 5.0% from its current price of $122.76.Amount of Analyst CoverageSimon Property Group has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.32% of the float of Simon Property Group has been sold short.Short Interest Ratio / Days to CoverSimon Property Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Simon Property Group has recently increased by 7.56%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 6.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSimon Property Group has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Simon Property Group is 112.59%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Simon Property Group will have a dividend payout ratio of 62.45% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSimon Property Group has received a -3.72% net impact score from Upright. The largest negative impact of Simon Property in category "GHG emissions" seems to be driven mostly by its "Parking lot services", "Real estate funds investing in office buildings", and "Real estate funds investing in shopping centers" products. See details.Environmental SustainabilityThe Environmental Impact score for Simon Property Group is -3.10. Previous Next 2.9 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Simon Property Group this week, compared to 7 articles on an average week.Search Interest41 people have searched for SPG on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Simon Property Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $103,022.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.50% of the stock of Simon Property Group is held by insiders.Percentage Held by Institutions84.73% of the stock of Simon Property Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Simon Property Group are expected to remain at $12.17 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 18.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 18.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.34.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 5.87. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSimon Property Group has a P/B Ratio of 11.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Simon Property Group Stock (NYSE:SPG)Simon is a real estate investment trust engaged 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.Read More SPG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPG Stock News HeadlinesNovember 21, 2023 | marketbeat.comRide the momentum: Apparel stocks soaring at 52-week highsThese two stocks carry the consumer discretionary industry forward this quarter, joining the market's bullish sentiment toward them.November 8, 2023 | marketbeat.comLast chance alert: Seize an unbeatable deal on Realty Income (SPG)Realty Income is offering you the last chance to acquire its stock at these ridiculous discounts, analysts and markets agree on this being the best optionNovember 30, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 6, 2023 | marketbeat.comMarketBeat ‘Stock of the Week’: Spirit Realty deal rattles REITs (SPG)A deal between Realty Income and Spirit Realty could create a retail REIT with greater market clout - and boost the sector’s long-term growth prospects.November 29, 2023 | finance.yahoo.comSimon Property (SPG) Up 11.1% Since Last Earnings Report: Can It Continue?November 23, 2023 | benzinga.com(SPG) - Analyzing Simon Property Group's Short InterestNovember 22, 2023 | finance.yahoo.com2 Bargain Basement Stocks to Buy on the DipNovember 17, 2023 | finance.yahoo.comSimon Property Thinks Its Stock Is Cheap. Time to Buy?November 30, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 16, 2023 | finance.yahoo.comSimon® Takes Holiday Shopping to a New Level Thanks to AINovember 16, 2023 | markets.businessinsider.comRobust Retail Environment and Leasing Activity Strengthens Buy Rating for Simon PropertyNovember 7, 2023 | finance.yahoo.comSimon Property Group Announces Offering Of Euro-Denominated Bonds Exchangeable Into Shares Of Klépierre S.A.November 3, 2023 | benzinga.comLooking At Simon Property Group's Recent Unusual Options ActivityNovember 3, 2023 | msn.comSimon Property Group's 6.5% Yield Is A Compelling BuyOctober 31, 2023 | finance.yahoo.comQ3 2023 Simon Property Group Inc Earnings CallOctober 31, 2023 | seekingalpha.comSimon Property Group's 7% Dividend, Double Beat, And Increased Guidance AttractiveOctober 30, 2023 | finance.yahoo.comSimon Property Group (SPG) Q3 2023 Earnings Call TranscriptOctober 30, 2023 | finance.yahoo.comSimon Property Group Inc (SPG) Reports Q3 2023 Earnings, Raises Full Year GuidanceOctober 27, 2023 | finance.yahoo.comIs a Beat in Store for Simon Property (SPG) in Q3 Earnings?October 27, 2023 | benzinga.comA Preview Of Simon Property Group's EarningsOctober 26, 2023 | finance.yahoo.comKimco Realty (KIM) Beats Q3 FFO and Revenue EstimatesOctober 26, 2023 | finance.yahoo.comSimon Property (SPG) Stock Moves -0.93%: What You Should KnowOctober 25, 2023 | finance.yahoo.comWhat's in Store for ARMOUR Residential (ARR) in Q3 Earnings?October 25, 2023 | msn.comSimon Property Group: Malls Are Not DeadOctober 24, 2023 | finance.yahoo.comSimon Property (SPG) Advances But Underperforms Market: Key FactsOctober 19, 2023 | investing.comSPG_pj Historical DataOctober 18, 2023 | finance.yahoo.comWhy Simon Property (SPG) Dipped More Than Broader Market TodaySee More Headlines Receive SPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Simon Property Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/06/2023Ex-Dividend for 9/29 Dividend9/07/2023Dividend Payable9/29/2023Today11/30/2023Ex-Dividend for 12/29 Dividend12/07/2023Dividend Payable12/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:SPG CUSIP82880610 CIK1063761 Webwww.simon.com Phone(317) 636-1600Fax317-685-7222Employees3,300Year Founded1993Price Target and Rating Average Stock Price Target$128.90 High Stock Price Target$150.00 Low Stock Price Target$106.00 Potential Upside/Downside+5.0%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$6.75 Trailing P/E Ratio18.19 Forward P/E Ratio10.09 P/E Growth5.87Net Income$2.14 billion Net Margins39.93% Pretax Margin39.14% Return on Equity64.91% Return on Assets6.69% Debt Debt-to-Equity Ratio7.40 Current Ratio0.94 Quick Ratio0.94 Sales & Book Value Annual Sales$5.29 billion Price / Sales7.57 Cash Flow$10.06 per share Price / Cash Flow12.20 Book Value$10.33 per share Price / Book11.88Miscellaneous Outstanding Shares326,250,000Free Float298,516,000Market Cap$40.05 billion OptionableOptionable Beta1.58 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. David E. Simon (Age 61)Chairman, CEO & President Comp: $29.4MMr. Brian J. McDade (Age 44)Executive VP & CFO Comp: $4.34MMr. Adam J. Reuille (Age 48)Senior VP & Chief Accounting Officer Comp: $1.89MMr. John Rulli (Age 67)Chief Administrative Officer Comp: $2.95MMr. Steven E. Fivel (Age 62)General Counsel & Secretary Comp: $7.45MMr. Steven K. Broadwater (Age 56)Senior Vice President of Financial Reporting & Operations Mr. Stanley Shashoua (Age 52)Chief Investment Officer Joseph W. ChiappettaSenior VP & Chief Technology OfficerMr. Thomas Ward (Age 54)Senior Vice President of Investor Relations Ali SlocumVice President of Public RelationsMore ExecutivesKey CompetitorsRealty IncomeNYSE:OKimco RealtyNYSE:KIMDigital Realty TrustNYSE:DLRPublic StorageNYSE:PSACrown CastleNYSE:CCIView All CompetitorsInsiders & InstitutionsTrust Co. of VermontSold 206 shares on 11/27/2023Ownership: 0.001%Deutsche Bank AGSold 1,433,355 shares on 11/24/2023Ownership: 0.682%Public Sector Pension Investment BoardBought 3,917 shares on 11/22/2023Ownership: 0.020%Invst LLCSold 1,112 shares on 11/21/2023Ownership: 0.002%Oak Grove Capital LLCSold 400 shares on 11/21/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SPG Stock Analysis - Frequently Asked Questions Should I buy or sell Simon Property Group stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SPG shares. View SPG analyst ratings or view top-rated stocks. What is Simon Property Group's stock price target for 2024? 7 Wall Street analysts have issued 12 month target prices for Simon Property Group's shares. Their SPG share price targets range from $106.00 to $150.00. On average, they anticipate the company's share price to reach $128.90 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View analysts price targets for SPG or view top-rated stocks among Wall Street analysts. How have SPG shares performed in 2023? Simon Property Group's stock was trading at $117.48 on January 1st, 2023. Since then, SPG stock has increased by 4.5% and is now trading at $122.76. View the best growth stocks for 2023 here. Are investors shorting Simon Property Group? Simon Property Group saw a decline in short interest in October. As of October 31st, there was short interest totaling 3,970,000 shares, a decline of 17.1% from the October 15th total of 4,790,000 shares. Based on an average daily trading volume, of 1,510,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.2% of the shares of the stock are sold short. View Simon Property Group's Short Interest. When is Simon Property Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024. View our SPG earnings forecast. How were Simon Property Group's earnings last quarter? Simon Property Group, Inc. (NYSE:SPG) released its earnings results on Monday, February, 6th. The real estate investment trust reported $2.06 EPS for the quarter, missing the consensus estimate of $3.14 by $1.08. The real estate investment trust had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.29 billion. Simon Property Group had a trailing twelve-month return on equity of 64.91% and a net margin of 39.93%. The company's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $3.09 EPS. Read the conference call transcript. 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 Monday, October 30th. Investors of record on Friday, December 8th will be given a dividend of $1.90 per share on Friday, December 29th. This represents a $7.60 dividend on an annualized basis and a yield of 6.19%. The ex-dividend date is Thursday, December 7th. Read our dividend analysis for SPG. Is Simon Property Group a good dividend stock? Simon Property Group (NYSE:SPG) pays an annual dividend of $7.60 per share and currently has a dividend yield of 6.22%. SPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 112.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SPG will have a dividend payout ratio of 62.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SPG. What ETFs hold Simon Property Group's stock? ETFs with the largest weight of Simon Property Group (NYSE:SPG) stock in their portfolio include iShares US Credit Bond ETF (CRED), ALPS Active REIT ETF (REIT), iShares Cohen & Steers REIT ETF (ICF), FlexShares Global Quality Real Estate Index Fund (GQRE), Real Estate Select Sector SPDR Fund (XLRE), SPDR Dow Jones REIT ETF (RWR), iShares Core U.S. REIT ETF (USRT) and InfraCap Equity Income Fund ETF (ICAP). What guidance has Simon Property Group issued on next quarter's earnings? Simon Property Group issued an update on its FY 2023 earnings guidance on Monday, October, 30th. The company provided earnings per share guidance of $12.15-$12.25 for the period, compared to the consensus earnings per share estimate of $11.87. The company issued revenue guidance of -. What is David Simon's approval rating as Simon Property Group's CEO? 197 employees have rated Simon Property Group Chief Executive Officer David Simon on Glassdoor.com. David Simon has an approval rating of 44% among the company's employees. This puts David Simon in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 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), AbbVie (ABBV), Exxon Mobil (XOM), Intel (INTC), Johnson & Johnson (JNJ), Walt Disney (DIS), Pfizer (PFE), Verizon Communications (VZ), Cisco Systems (CSCO) and NVIDIA (NVDA). Who are Simon Property Group's major shareholders? Simon Property Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (1.81%), Morgan Stanley (1.79%), Daiwa Securities Group Inc. (1.58%), Northern Trust Corp (1.45%), JPMorgan Chase & Co. (1.41%) and Legal & General Group Plc (1.30%). Insiders that own company stock include Brian J Mcdade, Daniel C Smith, J Albert Smith Jr, Karen N Horn, Marta R Stewart, Peggy Fang Roe, Reuben S Leibowitz and Simon Property Group Inc /De/. View institutional ownership trends. How do I buy shares of Simon Property Group? Shares of SPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:SPG) was last updated on 11/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Simon Property Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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