NYSE:SPG Simon Property Group (SPG) Stock Price, News & Analysis $152.45 +3.14 (+2.10%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$149.79▼$153.2550-Day Range$144.60▼$157.7452-Week Range$102.11▼$158.50Volume1.03 million shsAverage Volume1.33 million shsMarket Capitalization$49.69 billionP/E Ratio19.42Dividend Yield5.25%Price Target$149.89 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Simon Property Group alerts: Email Address Simon Property Group MarketRank™ Stock AnalysisAnalyst RatingHold2.44 Rating ScoreUpside/Downside1.7% Downside$149.89 Price TargetShort InterestHealthy1.41% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment1.06Based on 9 Articles This WeekInsider TradingAcquiring Shares$72,983 Bought Last QuarterProj. Earnings Growth-3.43%From $12.84 to $12.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.75 out of 5 starsFinance Sector315th out of 898 stocksReal Estate Investment Trusts Industry58th out of 181 stocks 1.2 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageSimon Property Group has only been the subject of 2 research reports in the past 90 days.Read more about Simon Property Group's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.41% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Simon Property Group has recently decreased by 0.65%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 5.36%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSimon Property Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Simon Property Group is 101.91%. 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 64.52% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend.Read more about Simon Property Group's 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 1.06. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Simon Property Group this week, compared to 9 articles on an average week.Search InterestOnly 22 people have searched for SPG on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.MarketBeat Follows16 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is an increase of 14% 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 $72,983.00 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 Institutions93.01% 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.Read more about Simon Property Group's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Simon Property Group are expected to decrease by -3.43% in the coming year, from $12.84 to $12.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 19.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 19.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.32.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 8.68. 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 15.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Simon Property Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWe’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! And how YOU can prepare for the next 2024 BOOM 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 HeadlinesJuly 3, 2024 | insidertrades.comInsider Buying: Simon Property Group, Inc. (NYSE:SPG) Director Buys 486 Shares of StockJuly 21, 2024 | americanbankingnews.comSimon Property Group, Inc. (NYSE:SPG) Receives $149.89 Consensus PT from BrokeragesJuly 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…July 21, 2024 | ca.finance.yahoo.comSPG Jan 2025 70.000 putJuly 20, 2024 | americanbankingnews.comSimon Property Group (NYSE:SPG) Hits New 52-Week High at $158.19July 18, 2024 | cnbc.comWhy outlets are lagging behind other mall categories in the U.S.July 13, 2024 | seekingalpha.comSimon Property Group: Still In My Portfolio But Certainly Not Adding MoreJuly 11, 2024 | prnewswire.comSimon® Announces Date For Its Second Quarter 2024 Earnings Release And Conference CallJuly 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…July 11, 2024 | investorplace.com3 Real Estate Stocks to Buy for Stable IncomeJuly 10, 2024 | prnewswire.combp signs deal with Simon® to expand ultra-fast EV charging network in USJuly 10, 2024 | reuters.comBP signs deal with mall owner Simon Property for over 900 EV chargersJuly 9, 2024 | investorplace.comMid-Year Market Rally: 3 Stocks to Bet On for 2024's Second HalfJuly 4, 2024 | investorplace.com7 REITs Yielding 5% (or More) With Strong Upside PotentialJune 28, 2024 | seekingalpha.comSimon Property Group: Further Stock Price Recovery Is UncertainJune 28, 2024 | investorplace.comThe 3 Best Dividend Stocks to Secure Steady Income This YearJune 19, 2024 | investorplace.com7 High-Yield Dividend Stock Heroes for Robust Passive IncomeJune 19, 2024 | investorplace.com3 Stocks to Sell in June Before They Crash & BurnSee 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 Earnings5/06/2024Ex-Dividend for 6/28 Dividend6/07/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:SPG CUSIP82880610 CIK1063761 Webwww.simon.com Phone(317) 636-1600Fax317-685-7222Employees3,000Year Founded1993Price Target and Rating Average Stock Price Target$149.89 High Stock Price Target$172.00 Low Stock Price Target$124.00 Potential Upside/Downside-1.7%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$7.85 Trailing P/E Ratio19.42 Forward P/E Ratio11.87 P/E Growth8.71Net Income$2.28 billion Net Margins46.49% Pretax Margin47.85% Return on Equity78.50% Return on Assets7.99% Debt Debt-to-Equity Ratio7.20 Current Ratio2.19 Quick Ratio2.19 Sales & Book Value Annual Sales$5.66 billion Price / Sales8.78 Cash Flow$11.72 per share Price / Cash Flow13.01 Book Value$10.06 per share Price / Book15.15Miscellaneous Outstanding Shares325,940,000Free Float298,239,000Market Cap$49.69 billion OptionableOptionable Beta1.75 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. David E. Simon (Age 62)Chairman, CEO & President Comp: $5.56MMr. Brian J. McDade (Age 45)Executive VP & CFO Comp: $1.56MMr. Adam J. Reuille (Age 49)Senior VP & Chief Accounting Officer Comp: $686.98kMr. John Rulli (Age 68)Chief Administrative Officer Comp: $1.59MMr. Steven E. Fivel (Age 63)General Counsel & Secretary Comp: $1.59MMr. Steven K. Broadwater (Age 57)Senior Vice President of Financial Reporting & Operations Mr. Stanley Shashoua (Age 53)Chief Investment Officer Joseph W. ChiappettaSenior VP of Business Solutions & Chief Technology OfficerMr. Thomas Ward (Age 55)Senior Vice President of Investor Relations Lee SterlingChief Marketing OfficerMore ExecutivesKey CompetitorsRealty IncomeNYSE:OKimco RealtyNYSE:KIMFederal Realty Investment TrustNYSE:FRTNNN REITNYSE:NNNAgree RealtyNYSE:ADCView All CompetitorsInsiders & InstitutionsKintegral Advisory LLCBought 313 shares on 7/27/2024Ownership: 0.002%AlphaStar Capital Management LLCBought 641 shares on 7/26/2024Ownership: 0.002%Checchi Capital Advisers LLCSold 104 shares on 7/26/2024Ownership: 0.002%Atomi Financial Group Inc.Bought 781 shares on 7/26/2024Ownership: 0.002%Simmons BankSold 83 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Simon Property Group Stock? SPG Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Simon Property Group, Inc.: Simon Property Group, Inc. is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations across North America, Europe, and Asia. Recent developments show that Simon Property Group, Inc. has been focusing on providing community gathering places, which can lead to increased foot traffic and revenue generation. With a strong presence in the real estate market, Simon Property Group, Inc. has the potential for long-term growth and stability. Investors may benefit from the diversified portfolio of properties owned by Simon Property Group, Inc., reducing risk exposure. Current stock price of Simon Property Group, Inc. is favorable for potential investors, providing an opportunity for value investing. Cons Investors should be bearish about investing in Simon Property Group, Inc. for these reasons: Spark Power Group Inc., a different company, provides electrical contracting services and energy sustainability solutions, which may cause confusion for investors looking for information on Simon Property Group, Inc. While Simon Property Group, Inc. owns premier destinations, recent challenges in the retail industry may impact the company's performance. Investors should consider the potential impact of economic downturns on the real estate market, affecting the profitability of Simon Property Group, Inc. Market competition in the real estate sector could pose challenges for Simon Property Group, Inc. in maintaining its market share and profitability. Investors need to carefully evaluate the risks associated with investing in real estate investment trusts like Simon Property Group, Inc., including interest rate fluctuations and regulatory changes. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these Simon Property Group pros and cons to contact@marketbeat.com. SPG Stock Analysis - Frequently Asked Questions How have SPG shares performed this year? Simon Property Group's stock was trading at $142.64 at the start of the year. Since then, SPG stock has increased by 6.9% and is now trading at $152.45. View the best growth stocks for 2024 here. How were Simon Property Group's earnings last quarter? Simon Property Group, Inc. (NYSE:SPG) posted its quarterly earnings results on Monday, May, 6th. The real estate investment trust reported $2.25 earnings per share for the quarter, missing the consensus estimate of $2.80 by $0.55. Simon Property Group's revenue was up 6.8% compared to the same quarter last year. Read the conference call transcript. How will Simon Property Group's stock buyback program work? Simon Property Group's board authorized a share repurchase plan on Thursday, February 8th 2024, which authorizes the company to buy back $2,000,000,000 in shares, according to EventVestor. This means that the company could buy up to 4.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued. 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. Who are Simon Property Group's major shareholders? Top institutional investors of Simon Property Group include Bank of New York Mellon Corp (0.75%), Sumitomo Mitsui Trust Holdings Inc. (0.45%), PGGM Investments (0.38%) and TCW Group Inc. (0.12%). Insiders that own company stock include Reuben S Leibowitz, Karen N Horn, Brian J Mcdade, Marta R Stewart, Peggy Fang Roe 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Simon Property Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Simon Property Group investors own include AT&T (T), AbbVie (ABBV), Exxon Mobil (XOM), Intel (INTC), Johnson & Johnson (JNJ), Walt Disney (DIS) and Pfizer (PFE). 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