NYSE:SPG Simon Property Group Stock Forecast, Price & News Adding Choose a watchlist: 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. $95.68 +0.76 (+0.80%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$93.79▼$95.9750-Day Range$94.62▼$126.2952-Week Range$93.20▼$171.12Volume1.71 million shsAverage Volume2.39 million shsMarket Capitalization$31.44 billionP/E Ratio14.11Dividend Yield7.11%Price Target$160.36 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Simon Property Group MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside67.6% Upside$160.36 Price TargetShort InterestHealthy2.18% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment-0.47Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth4.51%From $11.74 to $12.27 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.07 out of 5 starsFinance Sector508th out of 1,355 stocksReal Estate Investment Trusts Industry117th out of 233 stocks 3.4 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $160.36, Simon Property Group has a forecasted upside of 67.6% from its current price of $95.68.Amount of Analyst CoverageSimon Property Group has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.18% 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 3.2, 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 5.20%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 7.11%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSimon Property Group has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Simon Property Group is 100.30%. 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 55.42% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend. Previous Next 1.0 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 0.9 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of -0.47. 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 lower news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Simon Property Group this week, compared to 5 articles on an average week.Search InterestOnly 79 people have searched for SPG on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat FollowsOnly 23 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -18% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Simon Property Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.50% of the stock of Simon Property Group is held by insiders.Percentage Held by Institutions91.62% 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 4.51% in the coming year, from $11.74 to $12.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 14.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 67.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 14.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 80.27.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 2.24. 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 8.61. 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 View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 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 Stock News HeadlinesJuly 3, 2022 | americanbankingnews.comSimon Property Group (NYSE:SPG) Cut to Hold at Jefferies Financial GroupJuly 2, 2022 | americanbankingnews.comSimon Property Group, Inc. (NYSE:SPG) Receives $165.00 Average Price Target from AnalystsJune 29, 2022 | finance.yahoo.comChallenges facing ousted Bed Bath & Beyond CEO became ‘quickly insurmountable’: retail expertJune 28, 2022 | finance.yahoo.comSimon Property (SPG) Stock Moves -0.87%: What You Should KnowJune 24, 2022 | finance.yahoo.comLife Time, Simon Property Group plan luxury apartment tower at Edina's Southdale CenterJune 23, 2022 | americanbankingnews.comSimon Property Group (NYSE:SPG) Price Target Cut to $160.00 by Analysts at Compass PointJune 21, 2022 | finance.yahoo.comSimon® Announces New, Innovative Product Search PlatformJune 18, 2022 | americanbankingnews.comSimon Property Group (NYSE:SPG) Hits New 1-Year Low at $93.50June 15, 2022 | finance.yahoo.comInsiders might want to re-evaluate their US$1.2m stock purchase as Simon Property Group, Inc. (NYSE:SPG) drops to US$36bJune 15, 2022 | finance.yahoo.com1 Reason Not to Give Up on Retail REITs Even if a Recession HitsJune 13, 2022 | seekingalpha.comSimon Property: One Of The Best Yields Out ThereJune 11, 2022 | cnbc.comThe biggest mall owner in the U.S. hopes to create a new sales holiday as inflation surgesJune 9, 2022 | finance.yahoo.comMalls are seeing a ‘resurgence in suburbia,’ Simon Property Group CFO saysJune 9, 2022 | finance.yahoo.comSimon to resume development of Carson fashion outlet after legal dustupJune 8, 2022 | finance.yahoo.comThousands of jobs coming to Northgate, and that's just for startersJune 7, 2022 | finance.yahoo.comIs the Options Market Predicting a Spike in Simon Property (SPG) Stock?June 6, 2022 | finance.yahoo.comWayfair to open flagship store with a rooftop bar at King of Prussia MallJune 6, 2022 | finance.yahoo.comDown 30%, Is This Mall REIT Still a Buy?June 6, 2022 | finance.yahoo.com7 Dividend Stocks to Buy for June With Yields Over 6%June 2, 2022 | morningstar.comSimon Property Group Inc - Stock ChartMay 30, 2022 | morningstar.comSimon Property Group Inc - Stock Trailing Returns SPGMay 28, 2022 | seekingalpha.comSimon Property: Getting Interesting Near $100May 24, 2022 | finance.yahoo.comHere’s Why Baron Funds Trimmed its Simon Property Group (SPG) StakeMay 19, 2022 | finance.yahoo.comSimon Property Group, Inc.: Maintaining BUY on high-yielding REITMay 19, 2022 | seekingalpha.comIf Kohl's Agrees To Be Sold, Simon Property & Brookfield Are Logical BuyersSee More Headlines Industry, 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 Founded1993Company Calendar Last Earnings5/09/2022Ex-Dividend for 6/30 Dividend6/08/2022Dividend Payable6/30/2022Today7/03/2022Next Earnings (Estimated)8/01/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$160.36 High Stock Price Forecast$200.00 Low Stock Price Forecast$100.00 Forecasted Upside/Downside+67.6%Consensus RatingModerate Buy Rating Score (0-4)2.71428571428571 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$6.779990 Trailing P/E Ratio14.11 Forward P/E Ratio8.15 P/E Growth2.24Net Income$2.25 billion Net Margins43.12% Pretax Margin35.94% Return on Equity56.67% Return on Assets6.25% Debt Debt-to-Equity Ratio6.82 Current Ratio1.10 Quick Ratio1.10 Sales & Book Value Annual Sales$5.12 billion Price / Sales6.14 Cash Flow$10.42 per share Price / Cash Flow9.18 Book Value$11.11 per share Price / Book8.61Miscellaneous Outstanding Shares328,600,000Free Float300,665,000Market Cap$31.44 billion OptionableOptionable Beta1.48 Social Links Simon Property Group Frequently Asked Questions Should I buy or sell Simon Property Group stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last twelve months. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Simon Property Group stock. View analyst ratings for Simon Property Group or view top-rated stocks. What is Simon Property Group's stock price forecast for 2022? 14 Wall Street research analysts have issued twelve-month price targets for Simon Property Group's stock. Their SPG stock forecasts range from $100.00 to $200.00. On average, they anticipate Simon Property Group's share price to reach $160.36 in the next year. This suggests a possible upside of 67.6% from the stock's current price. View analysts' price targets for Simon Property Group or view top-rated stocks among Wall Street analysts. How has Simon Property Group's stock performed in 2022? Simon Property Group's stock was trading at $159.77 at the beginning of 2022. Since then, SPG stock has decreased by 40.1% and is now trading at $95.68. View the best growth stocks for 2022 here. When is Simon Property Group's next earnings date? Simon Property Group is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022. 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 earnings results on Monday, May, 9th. The real estate investment trust reported $1.30 earnings per share for the quarter, missing the consensus estimate of $2.74 by $1.44. The real estate investment trust earned $1.30 billion during the quarter, compared to analysts' expectations of $1.24 billion. Simon Property Group had a net margin of 43.12% and a trailing twelve-month return on equity of 56.67%. The firm's revenue was up 4.5% on a year-over-year basis. During the same period last year, the business earned $2.48 earnings per share. 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 declared a quarterly dividend on Monday, May 9th. Investors of record on Thursday, June 9th will be given a dividend of $1.70 per share on Thursday, June 30th. This represents a $6.80 dividend on an annualized basis and a yield of 7.11%. The ex-dividend date is Wednesday, June 8th. This is an increase from Simon Property Group's previous quarterly dividend of $1.65. View Simon Property Group's dividend history. Is Simon Property Group a good dividend stock? Simon Property Group(NYSE:SPG) pays an annual dividend of $6.80 per share and currently has a dividend yield of 7.11%. SPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Simon Property Group has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Simon Property Group is 100.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Simon Property Group will have a dividend payout ratio of 55.42% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend. View Simon Property Group's dividend history. What guidance has Simon Property Group issued on next quarter's earnings? Simon Property Group updated its FY 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share (EPS) guidance of $11.60-$11.75 for the period. The company issued revenue guidance of -. 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 60, Pay $5.02M)Mr. Brian J. McDade, Exec. VP, CFO & Treasurer (Age 43, Pay $1.19M)Mr. John Rulli, Chief Admin. Officer (Age 66, Pay $1.42M)Mr. Steven E. Fivel, Gen. Counsel & Sec. (Age 61, Pay $1.42M)Mr. Steven K. Broadwater, Sr. VP of Financial Reporting & Operations (Age 55)Mr. Stanley Shashoua, Chief Investment Officer (Age 51)Mr. Adam J. Reuille, Sr. VP & Chief Accounting Officer (Age 47)Joseph W. Chiappetta, Sr. VP & Chief Technology OfficerMr. Thomas Ward, Sr. VP of Investor Relations (Age 53)Ali Slocum, VP of PR What is David Simon's approval rating as Simon Property Group's CEO? 197 employees have rated Simon Property Group CEO David Simon on Glassdoor.com. David Simon has an approval rating of 44% among Simon Property Group's employees. This puts David Simon in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of Simon Property Group's key competitors? Some companies that are related to Simon Property Group include Realty Income (O), Kimco Realty (KIM), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Agree Realty (ADC), Kite Realty Group Trust (KRG), Retail Opportunity Investments (ROIC), Macerich (MAC), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Getty Realty (GTY), Saul Centers (BFS), RPT Realty (RPT), Urstadt Biddle Properties (UBA) and Cedar Realty Trust (CDR). View all of SPG's competitors. 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 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 $95.68. How much money does Simon Property Group make? Simon Property Group (NYSE:SPG) has a market capitalization of $31.44 billion and generates $5.12 billion in revenue each year. The real estate investment trust earns $2.25 billion in net income (profit) each year or $6.779990 on an earnings per share basis. How many employees does Simon Property Group have? Simon Property Group employs 3,300 workers across the globe. When was Simon Property Group founded? Simon Property Group was founded in 1993. 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 Simon Property Group 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 7/3/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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