Simon Property Group Stock Price, News & Analysis (NYSE:SPG) $131.27 -0.46 (-0.35%) (As of 03:09 PM ET) Add Compare Share Share Today's Range$129.08▼$131.3450-Day Range$103.34▼$131.7352-Week Range$100.17▼$133.08Volume1.11 million shsAverage Volume1.51 million shsMarket Capitalization$42.83 billionP/E Ratio19.45Dividend Yield5.79%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/Downside1.3% Downside$128.90 Price TargetShort InterestHealthy1.32% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.96Based on 15 Articles This WeekInsider TradingAcquiring Shares$103,022 Bought Last QuarterProj. Earnings Growth-0.08%From $12.17 to $12.16 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.1.99 out of 5 starsReal Estate Sector29th out of 46 stocksREIT - Retail Industry4th out of 5 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 downside of 1.3% from its current price of $130.54.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 5.90%, 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 62.50% 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 2.8 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of 0.96. 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 0.55 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Simon Property Group this week, compared to 7 articles on an average week.Search InterestOnly 30 people have searched for SPG on MarketBeat in the last 30 days. This is a decrease of -36% 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 -35% 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 8.58% 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 decrease by -0.08% in the coming year, from $12.17 to $12.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 19.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 19.34, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 156.27.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 6.19. 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 12.54. 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 optionDecember 7, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.December 7, 2023 | markets.businessinsider.comSimon Property Group Stock (NYSE:SPG): Strong Tenant Demand Suggests More UpsideDecember 7, 2023 | seekingalpha.comSimon Property: Graham's Wisdom On Interest Rates And REITsDecember 6, 2023 | gurufocus.comIs Simon Property Group Inc (SPG) Set to Underperform? Analyzing the Factors Limiting GrowthDecember 6, 2023 | finance.yahoo.comSimon Property Group Inc's Dividend AnalysisDecember 6, 2023 | americanbankingnews.comSimon Property Group, Inc. (NYSE:SPG) Receives Average Rating of "Moderate Buy" from AnalystsDecember 7, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.December 5, 2023 | investing.comSimon Property Group stock dips, ending six-day rally as markets retreatDecember 5, 2023 | seekingalpha.comSimon Property Group, Inc. (SPG) Goldman Sachs 2023 US Financial Services Conference (Transcript)December 2, 2023 | seekingalpha.comSimon Property Group: Buy Rating Fed By +6% Dividend Yield And Earnings GrowthDecember 1, 2023 | seekingalpha.comSimon Property Group Likely To Face Headwinds But Remains A BUYDecember 1, 2023 | seekingalpha.comSimon Property Group: Presents Technical Strength At Key LevelsNovember 30, 2023 | finance.yahoo.comSimon® to Present at the Goldman Sachs 2023 U.S. Financial Services ConferenceNovember 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 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 TranscriptSee 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 Payable9/29/2023Today12/07/2023Ex-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 REIT - Retail Sub-IndustryRetail REITs SectorReal Estate Current SymbolNYSE:SPG CUSIP82880610 CIK1063761 Webwww.simon.com Phone(317) 636-1600Fax317-685-7222Employees2,500Year 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-1.3%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$6.75 Trailing P/E Ratio19.36 Forward P/E Ratio10.74 P/E Growth6.19Net 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 / Sales8.06 Cash Flow$10.15 per share Price / Cash Flow12.87 Book Value$10.41 per share Price / Book12.55Miscellaneous Outstanding Shares326,250,000Free Float298,255,000Market Cap$42.62 billion OptionableOptionable Beta1.58 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsCorporación Inmobiliaria VestaNYSE:VTMXSBA CommunicationsNASDAQ:SBACCBRE GroupNYSE:CBREFour Corners Property TrustNYSE:FCPTWhitestone REITNYSE:WSRView All CompetitorsInsiders & InstitutionsDigitalBridge Group Inc.Bought 5,700 shares on 12/6/2023Ownership: 0.000%VisionPoint Advisory Group LLCSold 79 shares on 12/6/2023Ownership: 0.000%Wellington Management Group LLPSold 4,271 shares on 12/1/2023Ownership: 0.093%B. Riley Wealth Advisors Inc.Sold 826 shares on 12/1/2023Ownership: 0.003%American Century Companies Inc.Bought 337,430 shares on 11/30/2023Ownership: 0.262%View All Insider TransactionsView All Institutional Transactions Should I Buy Simon Property Group Stock? SPG Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Simon Property Group was last updated on Sunday, December 3, 2023 at 5:06 PM. Pros Here are some ways that investors could benefit from investing in Simon Property Group, Inc.: Strong institutional investor ownership: Simon Property Group has a high percentage of institutional investors and hedge funds, indicating confidence in the company's performance. Recent insider buying: CFO Brian J. Mcdade purchased shares of Simon Property Group, signaling confidence in the company's future prospects. Stable real estate investment: Simon Property Group is a real estate investment trust (REIT), which provides investors with stable income through rental payments from its properties. Positive momentum in apparel stocks: According to an article, apparel stocks, including Simon Property Group, have been soaring at 52-week highs, indicating potential growth opportunities. Attractive stock price: The current stock price of Simon Property Group is favorable for investors looking for potential value opportunities. Cons Investors should be bearish about investing in Simon Property Group, Inc. for these reasons: Decreased stake by Northern Trust Corp: Northern Trust Corp reduced its stake in Simon Property Group, which may indicate a lack of confidence in the company's future performance. Competitive retail market: Simon Property Group operates in a highly competitive retail market, which may pose challenges in maintaining market share and profitability. Potential impact of economic downturns: As a real estate investment trust, Simon Property Group's performance may be affected by economic downturns, which can impact consumer spending and demand for retail space. Regulatory risks: Changes in regulations related to real estate and retail industry can impact Simon Property Group's operations and profitability. Uncertainty in the post-pandemic recovery: The ongoing COVID-19 pandemic and its aftermath may continue to pose uncertainties for Simon Property Group's business, including potential disruptions in consumer behavior and retail trends. SPG Stock Analysis - Frequently Asked Questions Should I buy or sell Simon Property Group stock right now? 7 Wall Street equities 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 equities 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 research analysts have issued 12-month price targets for Simon Property Group's shares. Their SPG share price targets range from $106.00 to $150.00. On average, they predict the company's share price to reach $128.90 in the next year. This suggests that the stock has a possible downside of 1.4%. 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 shares have increased by 11.3% and is now trading at $130.76. View the best growth stocks for 2023 here. Are investors shorting Simon Property Group? Simon Property Group saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 3,970,000 shares, a decrease 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 short-interest ratio is presently 2.6 days. Approximately 1.2% of the shares of the company 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) posted its quarterly earnings results on Monday, February, 6th. The real estate investment trust reported $2.06 earnings per share 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 last year, the firm posted $3.09 earnings per share. 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 Monday, October 30th. Shareholders 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 annualized dividend and a yield of 5.81%. The ex-dividend date of this dividend 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 5.90%. 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 62.50% 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 EPS guidance of $12.15-$12.25 for the period, compared to the consensus 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 a number of retail and institutional investors. Top institutional investors 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 12/7/2023 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. 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