Positive News SentimentPositive NewsNYSE:SPG Simon Property Group (SPG) Stock Forecast, Price & News $107.81 -1.02 (-0.94%) (As of 03:46 PM ET) Add Compare Share Share Today's Range$107.10▼$110.6850-Day Range$108.16▼$125.4552-Week Range$88.41▼$133.08Volume1.32 million shsAverage Volume1.52 million shsMarket Capitalization$35.28 billionP/E Ratio16.38Dividend Yield7.05%Price Target$128.36 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Simon Property Group MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside19.0% Upside$128.36 Price TargetShort InterestHealthy1.62% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment1.61Based on 6 Articles This WeekInsider TradingAcquiring Shares$21,838 Bought Last QuarterProj. Earnings Growth2.60%From $11.91 to $12.22 Per ShareSee 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.2.46 out of 5 starsFinance Sector422nd out of 868 stocksReal Estate Investment Trusts Industry85th out of 181 stocks 2.3 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $128.36, Simon Property Group has a forecasted upside of 19.0% from its current price of $107.91.Amount of Analyst CoverageSimon Property Group has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.62% 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 3.7, 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 6.69%, 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 6.96%, 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 115.50%. 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 62.19% 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 3.1 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of 1.61. 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 0.69 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 InterestOnly 20 people have searched for SPG on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows31 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is an increase of 121% 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 $21,838.00 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Simon Property Group are expected to grow by 2.60% in the coming year, from $11.91 to $12.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 16.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 16.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 71.70.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 4.45. 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 10.37. 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 (NYSE:SPG) StockSimon 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPG Stock News HeadlinesSeptember 13, 2023 | marketbeat.comAmerica's Favorite Dividend Is On Sale, Grab Realty Income Now (SPG)Realty Income is proving itself as the most promising large-cap REIT, a trifecta of management, analysts, and markets are all betting on THIS happening.September 28, 2023 | finance.yahoo.comCardless Unveils Enhanced Simon Card with 5% Cash Back at Every Store At Simon CentersSeptember 29, 2023 | Chaikin Analytics (Ad)"This Could be the Biggest Stock Story of 2023"A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. Learn what Wall Street insiders are buying here.September 28, 2023 | finance.yahoo.comSimon® Announces Date For Its Third Quarter 2023 Earnings Release And Conference CallSeptember 22, 2023 | americanbankingnews.comSimon Property Group, Inc. (NYSE:SPG) Given Consensus Recommendation of "Moderate Buy" by BrokeragesSeptember 21, 2023 | seekingalpha.comSimon Property Group Is Historically Undervalued At A Level Of 2000, 2008, Or 2020September 13, 2023 | seekingalpha.comSimon Property Group: Steep Pullback Present Another Buying OpportunitySeptember 12, 2023 | seekingalpha.comSimon Property Group, Inc. (SPG) Bank of America 2023 Global Real Estate Conference (Transcript)September 29, 2023 | Chaikin Analytics (Ad)"This Could be the Biggest Stock Story of 2023"A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. Learn what Wall Street insiders are buying here.September 12, 2023 | msn.comSimon Property: Solid Performer With Significant Potential UpsideSeptember 7, 2023 | finance.yahoo.comDelving into Simon Property Group Inc's Dividend PerformanceSeptember 7, 2023 | finance.yahoo.comSimon® to Present at BofA Securities 2023 Global Real Estate ConferenceSeptember 6, 2023 | marketwatch.comSimon Property Group Inc. stock rises Wednesday, outperforms marketSeptember 5, 2023 | msn.comSimon Property: Graham P/E Indicates Undervaluation, Insiders Are All BuyingSeptember 1, 2023 | seekingalpha.comSimon Property Group: The Rise And Fall Of Shopping Malls Is OverblownAugust 29, 2023 | msn.comJP Morgan Maintains Simon Property Group (SPG) Neutral RecommendationAugust 29, 2023 | msn.comTruist Securities Maintains Simon Property Group (SPG) Hold RecommendationAugust 29, 2023 | markets.businessinsider.com6 Analysts Have This to Say About Simon Property GroupAugust 24, 2023 | finance.yahoo.comShein Strikes Deal With Forever 21August 21, 2023 | finance.yahoo.comIs Simon Property Group Inc (SPG) Fairly Valued?August 10, 2023 | bizjournals.comSimon starts multimillion-dollar makeover of The DomainAugust 9, 2023 | markets.businessinsider.comSimon Property Group Stock (NYSE:SPG): Dividend Increases Signal More UpsideAugust 7, 2023 | finance.yahoo.comDespite Commercial Real Estate Worries, Simon Property's Business Remains StrongAugust 5, 2023 | msn.comSimon Property slashes annual net income forecastAugust 4, 2023 | finance.yahoo.comThis New Mall Is About More Than Just ShoppingAugust 4, 2023 | finance.yahoo.comThe Falls Debuts Miami's First-Of-Its-Kind, 120,000-Square-Foot Life Time Athletic Country Club on August 4August 3, 2023 | msn.comAnalyst Downgrade, Earnings Miss Drive Simon Property Group (NYSE:SPG) DownSee 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 SPG Company Calendar Last Earnings2/06/2023Ex-Dividend for 9/29 Dividend9/07/2023Today9/29/2023Dividend Payable9/29/2023Next Earnings (Confirmed)10/30/2023Fiscal Year End12/31/2023Get 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 Forecast$128.36 High Stock Price Forecast$150.00 Low Stock Price Forecast$106.00 Forecasted Upside/Downside+18.8%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$6.58 Trailing P/E Ratio16.42 Forward P/E Ratio9.07 P/E Growth4.45Net Income$2.14 billion Net Margins39.63% Pretax Margin36.85% Return on Equity63.01% Return on Assets6.53% Debt Debt-to-Equity Ratio7.67 Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$5.44 billion Price / Sales6.50 Cash Flow$10.00 per share Price / Cash Flow10.81 Book Value$10.41 per share Price / Book10.38Miscellaneous Outstanding Shares327,199,000Free Float299,387,000Market Cap$35.36 billion OptionableOptionable Beta1.54 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. David E. Simon (Age 61)Chairman, CEO & Pres Comp: $29.4MMr. Brian J. McDade (Age 44)Exec. VP & CFO Comp: $4.34MMr. Adam J. Reuille (Age 48)Sr. VP & Chief Accounting Officer Comp: $1.89MMr. John Rulli (Age 67)Chief Admin. Officer Comp: $2.95MMr. Steven E. Fivel (Age 62)Gen. Counsel & Sec. Comp: $7.45MMr. Steven K. Broadwater (Age 56)Sr. VP of Financial Reporting & Operations Mr. Stanley Shashoua (Age 52)Chief Investment Officer Joseph W. ChiappettaSr. VP & Chief Technology OfficerMr. Thomas Ward (Age 54)Sr. VP of Investor Relations Ali SlocumVP of PRMore ExecutivesKey CompetitorsRealty IncomeNYSE:OKimco RealtyNYSE:KIMDigital Realty TrustNYSE:DLRCrown CastleNYSE:CCIVICI PropertiesNYSE:VICIView All CompetitorsInsiders & InstitutionsBROOKFIELD Corp ON Sold 108,004 shares on 9/26/2023Ownership: 0.080%M Holdings Securities Inc.Sold 4,618 shares on 9/26/2023Ownership: 0.001%Portside Wealth Group LLCBought 4,290 shares on 9/1/2023Ownership: 0.001%Wolverine Trading LLCSold 103,500 shares on 8/23/2023Ownership: 0.000%CTC Alternative Strategies Ltd.Bought 2,085 shares on 8/23/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SPG Stock - Frequently Asked Questions Should I buy or sell Simon Property Group stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 8 brokers have issued 12-month price objectives for Simon Property Group's stock. Their SPG share price forecasts range from $106.00 to $150.00. On average, they anticipate the company's stock price to reach $128.36 in the next twelve months. This suggests a possible upside of 18.8% 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 at the start of the year. Since then, SPG stock has decreased by 8.0% and is now trading at $108.07. View the best growth stocks for 2023 here. When is Simon Property Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. View our SPG earnings forecast. How can I listen to Simon Property Group's earnings call? Simon Property Group will be holding an earnings conference call on Monday, October 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13741427". How were Simon Property Group's earnings last quarter? Simon Property Group, Inc. (NYSE:SPG) issued its earnings results on Monday, February, 6th. The real estate investment trust reported $2.06 earnings per share (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 analysts' expectations of $1.29 billion. Simon Property Group had a trailing twelve-month return on equity of 63.01% and a net margin of 39.63%. The business's revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm 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 declared a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Friday, September 8th will be given a dividend of $1.90 per share on Friday, September 29th. This represents a $7.60 annualized dividend and a dividend yield of 7.03%. The ex-dividend date of this dividend is Thursday, September 7th. This is an increase from the stock's previous quarterly dividend of $1.85. 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). 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 6.96%. 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 115.50%. 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 62.19% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SPG. 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 Wednesday, August, 2nd. The company provided EPS guidance of $11.85-$11.95 for the period, compared to the consensus earnings per share estimate of $11.91. 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). 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 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. What is Simon Property Group's stock price today? One share of SPG stock can currently be purchased for approximately $108.07. How much money does Simon Property Group make? Simon Property Group (NYSE:SPG) has a market capitalization of $35.36 billion and generates $5.44 billion in revenue each year. The real estate investment trust earns $2.14 billion in net income (profit) each year or $6.58 on an earnings per share basis. How many employees does Simon Property Group have? The company employs 3,300 workers across the globe. How can I contact Simon Property Group? Simon Property Group's mailing address is 225 WEST WASHINGTON STREET, INDIANAPOLIS IN, 46204. The official website for the company is www.simon.com. The real estate investment trust can be reached via phone at (317) 636-1600, via email at tom.ward@simon.com, or via fax at 317-685-7222. This page (NYSE:SPG) was last updated on 9/29/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.