NYSE:SPG Simon Property Group Stock Forecast, Price & 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 $69.83 -2.05 (-2.85 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$69.59Now: $69.83▼$71.9050-Day Range$61.03MA: $66.58▼$74.1252-Week Range$42.25Now: $69.83▼$158.40Volume5.75 million shsAverage Volume6.33 million shsMarket Capitalization$22.38 billionP/E Ratio12.27Dividend Yield7.23%Beta1.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 4.1 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 5 buy ratings, 10 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $93.88, Simon Property Group has a forecasted upside of 34.4% from its current price of $69.83.Amount of Analyst CoverageSimon Property Group has been the subject of 5 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 814 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSimon Property Group has received 463 “underperform” votes. (Add your “underperform” vote.)Community SentimentSimon Property Group has received 63.74% “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 3.3 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 7.23%, 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 43.19%. 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 50.14% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend. Previous Next 1.0 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 8.93% of the stock of Simon Property Group is held by insiders.Percentage Held by Institutions84.72% 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 4.12% in the coming year, from $9.96 to $10.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 12.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 12.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.43.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 1.29. 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 7.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 3.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.71 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 Webwww.simon.com Phone317-636-1600Debt Debt-to-Equity Ratio11.89 Current Ratio3.91 Quick Ratio3.91Price-To-Earnings Trailing P/E Ratio12.27 Forward P/E Ratio7.01 P/E Growth1.29 Sales & Book Value Annual Sales$5.76 billion Price / Sales3.89 Cash Flow$11.88 per share Price / Cash Flow5.88 Book Value$8.95 per share Price / Book7.80Profitability EPS (Most Recent Fiscal Year)$12.04 Net Income$2.10 billion Net Margins32.88% Return on Equity65.60% Return on Assets5.25%Miscellaneous Employees4,500 Outstanding Shares320,563,000Market Cap$22.38 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $69.83 -2.05 (-2.85 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Simon Property Group (NYSE:SPG) Frequently Asked Questions How has Simon Property Group's stock price been impacted by Coronavirus? Simon Property Group's stock was trading at $101.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SPG shares have decreased by 31.2% and is now trading at $69.83. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Simon Property Group? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 1 sell rating, 10 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 Wednesday, November 4th 2020. View our earnings forecast for Simon Property Group. How were Simon Property Group's earnings last quarter? Simon Property Group Inc (NYSE:SPG) announced its quarterly earnings data on Monday, August, 10th. The real estate investment trust reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.98 by $0.15. The real estate investment trust earned $1.06 billion during the quarter, compared to analyst estimates of $1.13 billion. Simon Property Group had a return on equity of 65.60% and a net margin of 32.88%. Simon Property Group's quarterly revenue was down 24.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.60 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 Monday, June 29th. Stockholders of record on Friday, July 10th will be given a dividend of $1.30 per share on Friday, July 24th. This represents a $5.20 annualized dividend and a yield of 7.45%. The ex-dividend date is Thursday, July 9th. 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 initiated a stock buyback program on Tuesday, February 12th 2019, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued. What price target have analysts set for SPG? 16 analysts have issued 12-month price objectives for Simon Property Group's shares. Their forecasts range from $49.00 to $218.00. On average, they anticipate Simon Property Group's share price to reach $93.88 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View analysts' price targets for Simon Property Group. 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), Agree Realty (ADC), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Alexander's (ALX), Retail Opportunity Investments (ROIC), Macerich (MAC), Getty Realty (GTY), Kite Realty Group Trust (KRG) and Acadia Realty Trust (AKR). View all 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), Intel (INTC), Walt Disney (DIS), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ) and NVIDIA (NVDA). 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 investors include Vanguard Group Inc. (12.37%), BlackRock Inc. (9.90%), Nordea Investment Management AB (2.58%), APG Asset Management US Inc. (1.28%), Bank of New York Mellon Corp (1.25%) and PGGM Investments (1.22%). Company insiders that own Simon Property Group stock include David Simon, Glyn Aeppel, Herbert Simon, John Rulli, Larry C Glasscock and Reuben S Leibowitz. 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 APG Asset Management US Inc., Charles Schwab Investment Management Inc., Advisor Group Holdings Inc., Canada Pension Plan Investment Board, Vanguard Group Inc., First Trust Advisors LP, Bank of Montreal Can, and Stifel Financial Corp. View insider buying and selling activity for Simon Property Group. Which major investors are buying Simon Property Group stock? SPG stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, BlackRock Inc., FMR LLC, APG Asset Management N.V., Brookfield Asset Management Inc., FIL Ltd, ANTIPODES PARTNERS Ltd, and Cbre Clarion Securities LLC. Company insiders that have bought Simon Property Group stock in the last two years include David Simon, Glyn Aeppel, 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 $69.83. How big of a company is Simon Property Group? Simon Property Group has a market capitalization of $22.38 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. What is Simon Property Group's official website? The official website for Simon Property Group is 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 9/19/2020 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. 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