NYSE:SPGSimon Property Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $62.91 +2.03 (+3.33 %) (As of 04/8/2020 04:00 PM ET) Add Compare Share Today's Range$60.30Now: $62.91▼$65.3550-Day Range$44.01MA: $91.55▼$142.2552-Week Range$42.25Now: $62.91▼$186.40Volume6.69 million shsAverage Volume4.31 million shsMarket Capitalization$20.16 billionP/E Ratio9.24Dividend Yield13.80%Beta1.31 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Simon is a global leader 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 Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 5 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $129.77, Simon Property Group has a potential upside of 106.3% from its current price of $62.91.Amount of Analyst CoverageSimon Property Group has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.2 Community Rank Outperform VotesSimon Property Group has received 798 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSimon Property Group has received 448 “underperform” votes. (Add your “underperform” vote.)Community SentimentSimon Property Group has received 64.04% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Simon Property Group and other stocks. Vote “Outperform” if you believe SPG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SPG will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 5.0 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 13.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSimon Property Group has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Simon Property Group is 69.77 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Simon Property Group will have a dividend payout ratio of 67.31 % next year. This indicates that Simon Property Group will be able to sustain or increase its dividend. Previous Next 4.0 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 $19,745,593.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.75% of the stock of Simon Property Group is held by insiders.Percentage Held by Institutions91.94% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Simon Property Group are expected to grow by 3.40% in the coming year, from $12.07 to $12.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 9.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 9.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.74.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 0.74. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSimon Property Group has a P/B Ratio of 7.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.2Community Rank: 3.2Dividend Strength: 5.0Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.90 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:SPG Previous Symbol CUSIP82880610 CIK1063761 Webhttp://www.simon.com/ Phone317-636-1600Debt Debt-to-Equity Ratio8.42 Current Ratio1.08 Quick Ratio1.08Price-To-Earnings Trailing P/E Ratio9.24 Forward P/E Ratio5.21 P/E Growth0.74 Sales & Book Value Annual Sales$5.76 billion Price / Sales3.50 Cash Flow$14.70 per share Price / Cash Flow4.28 Book Value$8.95 per share Price / Book7.03Profitability EPS (Most Recent Fiscal Year)$12.04 Net Income$2.10 billion Net Margins36.52% Return on Equity65.24% Return on Assets6.64%Miscellaneous Employees4,500 Outstanding Shares320,443,000Market Cap$20.16 billion Next Earnings Date5/5/2020 (Estimated) OptionableOptionable Receive SPG News and Ratings via Email Sign-up to receive the latest news and ratings for SPG and its competitors with MarketBeat's FREE daily newsletter. SPG Rates by TradingView Simon Property Group (NYSE:SPG) Frequently Asked Questions How has Simon Property Group's stock been impacted by COVID-19 (Coronavirus)? Simon Property Group's stock was trading at $101.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPG stock has decreased by 38.0% and is now trading at $62.91. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Simon Property Group? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Simon Property Group. When is Simon Property Group's next earnings date? Simon Property Group is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Simon Property Group. How were Simon Property Group's earnings last quarter? Simon Property Group Inc (NYSE:SPG) issued its quarterly earnings data on Tuesday, February, 4th. The real estate investment trust reported $1.66 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.95 by $1.29. The real estate investment trust earned $1.49 billion during the quarter, compared to analysts' expectations of $1.45 billion. Simon Property Group had a return on equity of 65.24% and a net margin of 36.52%. Simon Property Group's revenue was up 1.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.23 EPS. View Simon Property Group's earnings history. 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 Tuesday, February 4th. Investors of record on Friday, February 14th will be given a dividend of $2.10 per share on Friday, February 28th. This represents a $8.40 annualized dividend and a yield of 13.35%. The ex-dividend date of this dividend is Thursday, February 13th. View Simon Property Group's dividend history. How will Simon Property Group's stock buyback program work? Simon Property Group declared that its Board of Directors has authorized a share buyback plan on Tuesday, February 12th 2019, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued. What guidance has Simon Property Group issued on next quarter's earnings? Simon Property Group updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $12.25-12.40 for the period, compared to the Thomson Reuters consensus estimate of $12.62. What price target have analysts set for SPG? 13 brokerages have issued 1-year price targets for Simon Property Group's stock. Their forecasts range from $49.00 to $218.00. On average, they anticipate Simon Property Group's stock price to reach $129.77 in the next year. This suggests a possible upside of 106.3% from the stock's current price. View analysts' price targets for Simon Property Group. Has Simon Property Group been receiving favorable news coverage? News headlines about SPG stock have trended very negative on Wednesday, InfoTrie reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Simon Property Group earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutSimon Property Group. Are investors shorting Simon Property Group? Simon Property Group saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 16,097,700 shares, a decrease of 6.2% from the February 27th total of 17,160,000 shares. Based on an average daily trading volume, of 2,420,000 shares, the days-to-cover ratio is presently 6.7 days. Currently, 5.3% of the company's shares are sold short. View Simon Property Group's Current Options Chain. Who are some of Simon Property Group's key competitors? Some companies that are related to Simon Property Group include Realty Income (O), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Taubman Centers (TCO), Agree Realty (ADC), Weingarten Realty Investors (WRI), Alexander's (ALX), Acadia Realty Trust (AKR), Retail Properties of America (RPAI), Getty Realty (GTY), Retail Opportunity Investments (ROIC), Kite Realty Group Trust (KRG) and Macerich (MAC). 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), Verizon Communications (VZ), Johnson & Johnson (JNJ), Altria Group (MO), Walt Disney (DIS), Cisco Systems (CSCO), IBM (IBM) and Pfizer (PFE). Who are Simon Property Group's key executives? Simon Property Group's management team includes the following people: Mr. David E. Simon, Chairman, CEO & Pres (Age 57)Mr. Brian J. McDade, Exec. VP, CFO & Treasurer (Age 40)Mr. John Rulli, Chief Admin. Officer & Pres of Malls (Age 63)Mr. Steven E. Fivel, Gen. Counsel & Sec. (Age 58)Mr. Larry Clayborn Glasscock, Lead Independent Director (Age 71) What is Simon Property Group's stock symbol? Simon Property Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPG." 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 State of Alaska Department of Revenue (0.04%), Pensionfund DSM Netherlands (0.02%), Pensionfund Sabic (0.01%), Cullinan Associates Inc. (0.01%), Truehand Inc (0.01%) and IBM Retirement Fund (0.00%). Company insiders that own Simon Property Group stock include David Simon, Herbert Simon, John Rulli, Larry C Glasscock, Reuben S Leibowitz and Steven K Broadwater. View institutional ownership trends for Simon Property Group. Which major investors are selling Simon Property Group stock? SPG stock was sold by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, and Spirit of America Management Corp NY. View insider buying and selling activity for Simon Property Group. Which major investors are buying Simon Property Group stock? SPG stock was bought by a variety of institutional investors in the last quarter, including Cullinan Associates Inc., Truehand Inc, Pensionfund Sabic, IBM Retirement Fund, and State of Alaska Department of Revenue. Company insiders that have bought Simon Property Group stock in the last two years include David Simon, Herbert Simon, Larry C Glasscock, and Reuben S Leibowitz. View insider buying and selling activity for Simon Property Group. How do I buy shares of Simon Property Group? Shares of SPG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Simon Property Group's stock price today? One share of SPG stock can currently be purchased for approximately $62.91. How big of a company is Simon Property Group? Simon Property Group has a market capitalization of $20.16 billion and generates $5.76 billion in revenue each year. The real estate investment trust earns $2.10 billion in net income (profit) each year or $12.04 on an earnings per share basis. Simon Property Group employs 4,500 workers across the globe. View additional information about Simon Property Group. What is Simon Property Group's official website? The official website for Simon Property Group is http://www.simon.com/. How can I contact Simon Property Group? Simon Property Group's mailing address is 225 WEST WASHINGTON STREET, INDIANAPOLIS IN, 46204. The real estate investment trust can be reached via phone at 317-636-1600 or via email at [email protected] This page was last updated on 4/8/2020 by MarketBeat.com StaffFeatured Article: What is Net Asset Value (NAV)?
