NYSE:SPG Simon Property Group - SPG 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. $126.33 +1.14 (+0.91%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$124.88▼$126.4150-Day Range$115.06▼$126.3352-Week Range$86.02▼$149.98Volume1.21 million shsAverage Volume1.50 million shsMarket Capitalization$41.30 billionP/E Ratio21.09Dividend Yield5.75%Price Target$130.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Simon Property Group MarketRank™ ForecastAnalyst RatingHold2.45 Rating ScoreUpside/Downside2.9% Upside$130.00 Price TargetShort InterestHealthy1.95% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment1.19Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth3.77%From $11.68 to $12.12 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.2.10 out of 5 starsFinance Sector543rd out of 891 stocksReal Estate Investment Trusts Industry112th out of 192 stocks 1.2 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $130.00, Simon Property Group has a forecasted upside of 2.9% from its current price of $126.33.Amount of Analyst CoverageSimon Property Group has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.95% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Simon Property Group has recently decreased by 0.32%, 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 5.75%, 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 120.20%. 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 59.41% 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 3.4 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of 1.19. 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 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Simon Property Group this week, compared to 6 articles on an average week.Search Interest57 people have searched for SPG on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 Institutions83.89% 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 3.77% in the coming year, from $11.68 to $12.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 21.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 21.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 179.79.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 2.72. 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 11.37. 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 (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 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 SPG Stock News HeadlinesJanuary 24, 2023 | marketwatch.comSimon Property Group Inc. stock outperforms competitors on strong trading dayJanuary 24, 2023 | finance.yahoo.comInvicta Selects Clip to Manage Business DepositsJanuary 26, 2023 | PressReach (Ad)Stocks News AnnouncementDon't miss this update. Read the press release about Small Pharma.January 20, 2023 | americanbankingnews.comSimon Property Group, Inc. (NYSE:SPG) Receives $128.17 Average Target Price from AnalystsJanuary 19, 2023 | finance.yahoo.comClip Money Accelerates Network Growth in 2023 Following Successful 2022 U.S. LaunchJanuary 18, 2023 | finance.yahoo.comKowalski's Market to open Southdale Center grocery store in 2024January 17, 2023 | finance.yahoo.comOrlando International Premium Outlets sues shuttered Vinito Ristorante Italian eateryJanuary 17, 2023 | finance.yahoo.comExclusive: New shops headed to Florida Mall, Orlando Premium OutletsJanuary 26, 2023 | PressReach (Ad)Stocks News AnnouncementDon't miss this update. Read the press release about Small Pharma.January 17, 2023 | finance.yahoo.comSimon Property Group Announces Reporting Information For 2022 DistributionsJanuary 17, 2023 | americanbankingnews.comPiper Sandler Boosts Simon Property Group (NYSE:SPG) Price Target to $145.00January 15, 2023 | thestreet.comSimon Property Group (SPG) Is Today's Storm The Castle StockJanuary 12, 2023 | msn.comSimon Property Group Unusual Options Activity For January 12January 12, 2023 | finance.yahoo.comDespite delivering investors losses of 3.1% over the past 5 years, Simon Property Group (NYSE:SPG) has been growing its earningsJanuary 8, 2023 | finance.yahoo.comIs Simon Property Group, Inc.'s (NYSE:SPG) 56% ROE Better Than Average?January 6, 2023 | finance.yahoo.com2 Ridiculously Cheap Stocks With Dividends of 6% or MoreJanuary 4, 2023 | finance.yahoo.comBullish Simon Property Group, Inc. (NYSE:SPG) insiders filled their treasuries with US$1.4m worth of stock over last yearDecember 28, 2022 | finance.yahoo.comSimon Property (SPG) Shares Rally 31.6% QTD: Here's WhyDecember 27, 2022 | finance.yahoo.comDown 26% and 36%, These Dividend Stocks Could Be Picking Up SteamDecember 19, 2022 | finance.yahoo.comSimon Property (SPG) Stock Moves -0.6%: What You Should KnowDecember 19, 2022 | finance.yahoo.comSimon® and Jamestown Announce Closing of Strategic PartnershipDecember 16, 2022 | benzinga.comHopeful Golden Cross Forms On Simon Property Group's ChartDecember 16, 2022 | finance.yahoo.comIt’s Been a Brutal Year for REITs. This Mall Operator Now Looks Like a Bargain.December 15, 2022 | seekingalpha.comSimon Property: Cheaply Valued For The Long RunDecember 15, 2022 | marketwatch.comSimon Property Group Inc. stock outperforms market despite losses on the dayDecember 14, 2022 | marketwatch.comSimon Property Group Inc. stock falls Wednesday, still outperforms marketDecember 14, 2022 | finance.yahoo.comIs Simon Property Group a Great Buy Right Now?See More Headlines 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 SPG Company Calendar Last Earnings8/01/2022Ex-Dividend for 12/30 Dividend12/08/2022Dividend Payable12/30/2022Today1/26/2023Next Earnings (Confirmed)2/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded1993Price Target and Rating Average Stock Price Forecast$130.00 High Stock Price Forecast$165.00 Low Stock Price Forecast$100.00 Forecasted Upside/Downside+2.9%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$5.99 Trailing P/E Ratio21.09 Forward P/E Ratio10.82 P/E Growth2.72Net Income$2.25 billion Net Margins37.74% Pretax Margin33.92% Return on Equity54.59% Return on Assets5.92% Debt Debt-to-Equity Ratio7.17 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$5.12 billion Price / Sales8.07 Cash Flow$10.50 per share Price / Cash Flow12.03 Book Value$11.11 per share Price / Book11.37Miscellaneous Outstanding Shares326,954,000Free Float299,163,000Market Cap$41.30 billion OptionableOptionable Beta1.48 Social Links Key ExecutivesMr. David E. Simon (Age 61)Chairman, CEO & Pres Comp: $5.02MMr. Brian J. McDade (Age 44)Exec. VP & CFO Comp: $1.19MMr. John Rulli (Age 67)Chief Admin. Officer Comp: $1.42MMr. Steven E. Fivel (Age 62)Gen. Counsel & Sec. Comp: $1.42MMr. Steven K. Broadwater (Age 56)Sr. VP of Financial Reporting & Operations Mr. Stanley Shashoua (Age 52)Chief Investment Officer Mr. Adam J. Reuille (Age 48)Sr. VP & Chief Accounting Officer Joseph W. ChiappettaSr. VP & Chief Technology OfficerMr. Thomas Ward (Age 54)Sr. VP of Investor Relations Ali SlocumVP of PRMore ExecutivesKey CompetitorsRealty IncomeNYSE:OKimco RealtyNYSE:KIMWelltowerNYSE:WELLVICI PropertiesNYSE:VICISBA CommunicationsNASDAQ:SBACView All CompetitorsInsiders & InstitutionsSumitomo Mitsui DS Asset Management Company LtdBought 2,341 shares on 1/26/2023Ownership: 0.021%Dupont Capital Management CorpSold 4,035 shares on 1/26/2023Ownership: 0.008%Boenning & Scattergood Inc.Sold 195 shares on 1/26/2023Ownership: 0.002%Tokio Marine Asset Management Co. Ltd.Bought 441 shares on 1/26/2023Ownership: 0.002%Barry Investment Advisors LLCBought 2,372 shares on 1/26/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SPG Stock - Frequently Asked Questions Should I buy or sell Simon Property Group stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SPG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPG, but not buy additional shares or sell existing shares. View SPG analyst ratings or view top-rated stocks. What is Simon Property Group's stock price forecast for 2023? 11 analysts have issued 1-year target prices for Simon Property Group's shares. Their SPG share price forecasts range from $100.00 to $165.00. On average, they anticipate the company's share price to reach $130.00 in the next year. This suggests a possible upside of 3.9% from the stock's current price. 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 beginning of the year. Since then, SPG shares have increased by 6.5% and is now trading at $125.11. View the best growth stocks for 2023 here. When is Simon Property Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023. View our SPG earnings forecast. How can I listen to Simon Property Group's earnings call? Simon Property Group will be holding an earnings conference call on Monday, February 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735353". How were Simon Property Group's earnings last quarter? Simon Property Group, Inc. (NYSE:SPG) posted its quarterly earnings results on Monday, August, 1st. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.43 by $0.08. The real estate investment trust had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Simon Property Group had a net margin of 37.74% and a trailing twelve-month return on equity of 54.59%. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.92 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 announced a quarterly dividend on Tuesday, November 1st. Shareholders of record on Friday, December 9th will be paid a dividend of $1.80 per share on Friday, December 30th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date is Thursday, December 8th. This is a boost from the stock's previous quarterly dividend of $1.75. Read our dividend analysis for SPG. Is Simon Property Group a good dividend stock? Simon Property Group (NYSE:SPG) pays an annual dividend of $7.20 per share and currently has a dividend yield of 5.75%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 120.20%. 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 59.41% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SPG. What guidance has Simon Property Group issued on next quarter's earnings? Simon Property Group issued an update on its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of $11.83-$11.88 for the period, compared to the consensus estimate of $11.67. 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). 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 a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.09%), Douglas Lane & Associates LLC (0.08%), Capital Advisors Inc. OK (0.07%), State of Alaska Department of Revenue (0.06%), Presima Securities ULC (0.06%) and Artemis Investment Management LLP (0.05%). Insiders that own company stock include Daniel C Smith, David Simon, Glyn Aeppel, Herbert Simon, J Albert Smith Jr, Larry C Glasscock, 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. What is Simon Property Group's stock price today? One share of SPG stock can currently be purchased for approximately $125.11. How much money does Simon Property Group make? Simon Property Group (NYSE:SPG) has a market capitalization of $40.91 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 $5.99 on an earnings per share basis. How many employees does Simon Property Group have? The company employs 3,300 workers across the globe. 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 the company 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 1/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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