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: $213.76
  • 50 Day Moving Average: $219.67
  • 200 Day Moving Average: $206.28
  • Trailing P/E Ratio: 37.97
  • Foreward P/E Ratio: 18.22
  • P/E Growth: 2.59
  • Market Cap: $67.17B
  • Outstanding Shares: 314,231,000
  • Beta: 0.74
Additional Links:
Companies Related to Simon Property Group:

Analyst Ratings

Consensus Ratings for Simon Property Group (NYSE:SPG) (?)
Ratings Breakdown: 3 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.81)
Consensus Price Target: $234.11 (9.52% upside)

Analysts' Ratings History for Simon Property Group (NYSE:SPG)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016BTIG ResearchInitiated CoverageBuy$266.00View Rating Details
8/17/2016Deutsche Bank AGBoost Price TargetBuy$232.00 -> $233.00View Rating Details
8/16/2016Canaccord GenuityBoost Price TargetBuy$235.00 -> $250.00View 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 8/29/2014 forward)

Earnings

Earnings History for Simon Property Group (NYSE:SPG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
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)

Estimates

Earnings Estimates for Simon Property Group (NYSE:SPG)
Current Year EPS Consensus Estimate: $10.86 EPS
Next Year EPS Consensus Estimate: $11.73 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$2.68$2.72$2.70
Q4 20162$2.88$2.94$2.91
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)

Dividends

Current Dividend Information for Simon Property Group (NYSE:SPG)
Annual Dividend:$6.60
Dividend Yield:3.09%
Payout Ratio:117.23% (Based on Trailing 12 Months of Earnings)
60.77% (Based on Current Year Consensus EPS Estimate)
56.27% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:13.80% (3 Year Average)

Dividend History for Simon Property Group (NYSE:SPG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2016quarterly$1.652.98%8/15/20168/17/20168/31/2016
4/26/2016quarterly$1.603.13%5/13/20165/17/20165/31/2016
1/29/2016quarterly$1.603.41%2/10/20162/12/20162/29/2016
10/27/2015quarterly$1.603.11%11/12/201511/16/201511/30/2015
7/24/2015quarterly$1.553.36%8/13/20158/17/20158/31/2015
4/24/2015quarterly$1.503.16%5/13/20155/15/20155/29/2015
2/2/2015quarterly$1.402.81%2/11/20152/13/20152/27/2015
10/22/2014quarterly$1.303.02%11/12/201411/14/201411/28/2014
7/23/2014quarterly$1.303.08%8/13/20148/15/20148/29/2014
4/22/2014quarterly$1.303.05%5/14/20145/16/20145/30/2014
1/31/2014quarterly$1.253.31%2/12/20142/14/20142/28/2014
10/25/2013quarterly$1.203.01%11/13/201311/15/201311/29/2013
7/29/2013quarterly$1.152.82%8/14/20138/16/20138/30/2013
4/26/2013quarterly$1.152.61%5/15/20135/17/20135/31/2013
2/4/2013quarterly$1.152.84%2/12/20132/14/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Simon Property Group (NYSE:SPG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Simon Property Group (NYSE:SPG)
DateHeadline
News IconAnalysts Valuations For Two Stocks: Tractor Supply Company (NASDAQ:TSCO), Simon Property Group Inc (NYSE:SPG) - The Voice Registrar (NYSE:SPG)
voiceregistrar.com - August 26 at 7:08 PM
News IconSimon Property Group Inc. (NYSE:SPG) from REIT – Retail – Todays Top Gains (NYSE:SPG)
twincountynews.com - August 25 at 12:35 PM
News IconSimon Property Group Inc. (NYSE:SPG) Earnings Preview: Should Investors Be Nervous? - The Voice Registrar (NYSE:SPG)
voiceregistrar.com - August 24 at 7:12 PM
publicnow.com logoInterim report - First half year of 2016 (NYSE:SPG)
www.publicnow.com - August 23 at 12:02 PM
News IconFinancial Stocks Analysis: Simon Property Group Inc (NYSE:SPG), CubeSmart (NYSE:CUBE) - share market updates (press release) (NYSE:SPG)
sharemarketupdates.com - August 22 at 12:05 PM
publicnow.com logoSimon Debuts AC Hotel Atlanta Buckhead At Phipps Plaza (NYSE:SPG)
www.publicnow.com - August 22 at 12:05 PM
forbes.com logoInteresting SPG Put And Call Options For April 2017 (NYSE:SPG)
www.forbes.com - August 22 at 11:36 AM
News IconREIT – Retail: Simon Property Group Inc. (NYSE:SPG) Position of the day (NYSE:SPG)
twincountynews.com - August 19 at 7:25 PM
fidaily.com logoSimon Property Group, Inc. Comm (SPG) Holdings Increased by Schwab Charles Investment Management Inc - Finance Daily (NYSE:SPG)
www.fidaily.com - August 18 at 7:46 PM
bizjournals.com logoKoP Mall expansion project complete (NYSE:SPG)
www.bizjournals.com - August 18 at 7:46 PM
finance.yahoo.com logoKing of Prussia Opens 155,000-square-foot Expansion (NYSE:SPG)
finance.yahoo.com - August 18 at 10:36 AM
News IconLarge Cap REIT – Retail: Simon Property Group Inc. (NYSE:SPG) (NYSE:SPG)
twincountynews.com - August 17 at 7:53 PM
News IconTop Gainers of the Day: Simon Property Group Inc. (NYSE:SPG) from REIT – Retail (NYSE:SPG)
twincountynews.com - August 17 at 10:32 AM
thestreet.com logoGet Ready to PLAY: Macy's Loss Could Be Dave & Buster's Gain (NYSE:SPG)
realmoney.thestreet.com - August 16 at 7:38 PM
News IconAnalysts Valuations For Two Stocks: Raytheon Company (NYSE ... - The Voice Registrar (NYSE:SPG)
voiceregistrar.com - August 16 at 10:51 AM
4-traders.com logoSIMON PROPERTY GROUP INC : ex-dividend day (NYSE:SPG)
www.4-traders.com - August 15 at 7:54 PM
publicnow.com logoW Magazine And Simon Malls Host Open Casting Calls Nationwide (NYSE:SPG)
www.publicnow.com - August 15 at 7:54 PM
News IconToday's Top Gainers in the Market Simon Property Group Inc. (NYSE ... - The Daily Leicester (NYSE:SPG)
thedailyleicester.com - August 14 at 11:52 AM
capitalcube.com logoSimon Property Group, Inc. breached its 50 day moving average in a Bearish Manner : SPG-US : August 12, 2016 (NYSE:SPG)
www.capitalcube.com - August 12 at 10:45 AM
thestreet.com logoSimon Property Group (SPG) Stock Falls on Macy's Store Closures (NYSE:SPG)
www.thestreet.com - August 11 at 8:05 PM
benzinga.com logoSimon Property Group Just Raised FFO Guidance, Could Raise It Again This Year (NYSE:SPG)
www.benzinga.com - August 11 at 10:52 AM
forbes.com logoEx-Dividend Reminder: Simon Property Group, Artisan Partners Asset Management and HR (NYSE:SPG)
www.forbes.com - August 11 at 10:40 AM
tradecalls.org logoOld Dominion Capital Management Inc Lowers stake in Simon Property Group Inc (SPG) - Trade Calls (NYSE:SPG)
www.tradecalls.org - August 9 at 7:50 PM
News IconIs Simon Property Group Inc. (NYSE:SPG), a large market cap stock a smart buy? (NYSE:SPG)
twincountynews.com - August 8 at 7:45 PM
News IconThis Hot Stock is Trending: Simon Property Group Inc. (NYSE:SPG) - News Oracle (NYSE:SPG)
www.newsoracle.com - August 8 at 12:18 PM
News IconLeading stocks in today’s market: Simon Property Group Inc. (NYSE:SPG) (NYSE:SPG)
twincountynews.com - August 5 at 7:46 PM
capitalcube.com logoETF’s with exposure to Simon Property Group, Inc. : August 5, 2016 (NYSE:SPG)
www.capitalcube.com - August 5 at 7:45 PM
prnewswire.com logoTechnical Roundup on Retail REIT Stocks -- Simon Property, Retail Properties of America, Pennsylvania REIT, and Weingarten Realty Investors (NYSE:SPG)
www.prnewswire.com - August 5 at 10:35 AM
nasdaq.com logoSPG Dividend Yield Pushes Past 3% (NYSE:SPG)
www.nasdaq.com - August 4 at 7:59 PM
News IconUpdate on Simon Property Group Inc. (NYSE:SPG) for the day (NYSE:SPG)
twincountynews.com - August 4 at 7:59 PM
biz.yahoo.com logoSIMON PROPERTY GROUP INC /DE/ Files SEC form 10-Q, Quarterly Report (NYSE:SPG)
biz.yahoo.com - August 4 at 10:43 AM
capitalcube.com logoSimon Property Group, Inc. :SPG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:SPG)
www.capitalcube.com - August 3 at 7:54 PM
News IconInvestor Catching Stock: Simon Property Group Inc. (NYSE:SPG) - News Oracle (NYSE:SPG)
www.newsoracle.com - August 3 at 10:48 AM
finance.yahoo.com logoSimon Properties downgraded by Mizuho (NYSE:SPG)
finance.yahoo.com - August 3 at 10:47 AM
feeds.benzinga.com logoRBC Analysts Say Take Profits On Simon Property Group; Downgrades To Sector Perform (NYSE:SPG)
feeds.benzinga.com - August 2 at 2:22 PM
seekingalpha.com logoRBC rings the register on Simon Property (NYSE:SPG)
seekingalpha.com - August 2 at 12:29 PM
cnbc.com logoCramer: US economy is like Washington — stuck in gridlock (NYSE:SPG)
www.cnbc.com - August 1 at 7:18 PM
forbes.com logoSPG Crosses Above Average Analyst Target (NYSE:SPG)
www.forbes.com - August 1 at 12:09 PM
seekingalpha.com logoExposing The Mediocrity Of The VNQ (NYSE:SPG)
seekingalpha.com - August 1 at 12:09 PM
tradecalls.org logoQuadrant Capital Management Lowers stake in Simon Property Group Inc (SPG) - Trade Calls (NYSE:SPG)
www.tradecalls.org - July 29 at 10:37 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Avalonbay Communities, Simon Property Group, Chesapeake Lodging Trust, Host Hotels & Resorts and Ventas (NYSE:SPG)
finance.yahoo.com - July 29 at 9:30 AM
thestreet.com logoWater-Logged And Getting Wetter: Simon Property Group (SPG) - TheStreet.com (NYSE:SPG)
www.thestreet.com - July 28 at 10:49 AM
bidnessetc.com logoSimon Property Group Inc (SPG) Misses Q2 FFO Estimates, Hikes Dividend - Bidness ETC (NYSE:SPG)
www.bidnessetc.com - July 28 at 10:49 AM
investors.com logoWith Yields As High As 10%, Real Estate Funds Drum Up Assets And Appeal (NYSE:SPG)
www.investors.com - July 28 at 5:00 AM
nasdaq.com logoSimon Property's Boosted Outlook Falls Below Expectations (NYSE:SPG)
www.nasdaq.com - July 27 at 7:58 PM
wsj.com logoSimon Says Profit Will Be Higher, but Wall Street Expected More (NYSE:SPG)
www.wsj.com - July 27 at 7:58 PM
finance.yahoo.com logoSimon Property (SPG) Beats Q2 FFO Estimates, Guides Up (NYSE:SPG)
finance.yahoo.com - July 27 at 4:08 PM
wsj.com logoSimon's Boosted Outlook Falls Below Expectations (NYSE:SPG)
www.wsj.com - July 27 at 1:13 PM
News IconSimon raises dividend, outlook on solid quarterly results (NYSE:SPG)
www.ibj.com - July 27 at 10:38 AM
rttnews.com logoEARNINGS SUMMARY: Details of Simon Property Group Inc Q2 Earnings Report (NYSE:SPG)
www.rttnews.com - July 27 at 10:38 AM

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Simon Property Group (NYSE:SPG) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff