×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:SPG

Simon Property Group Stock Forecast, Price & News

$95.68
+0.76 (+0.80%)
(As of 07/1/2022 03:59 PM ET)
Add
Compare
Today's Range
$93.80
$95.97
50-Day Range
$94.62
$126.29
52-Week Range
$93.20
$171.12
Volume
88,066 shs
Average Volume
2.24 million shs
Market Capitalization
$31.44 billion
P/E Ratio
14.11
Dividend Yield
7.11%
Price Target
$160.36

Simon Property Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
62.4% Upside
$155.36 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.10
Upright™ Environmental Score
News Sentiment
-0.11mentions of Simon Property Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.51%
From $11.74 to $12.27 Per Share

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.

2.11 out of 5 stars

Finance Sector

497th out of 1,394 stocks

Real Estate Investment Trusts Industry

111th out of 235 stocks

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.

Simon Property Group logo

About Simon Property Group (NYSE:SPG) Stock

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.

SPG Stock News Headlines

Simon Property Group (NYSE:SPG) Hits New 1-Year Low at $93.50
Simon Property: One Of The Best Yields Out There
Down 30%, Is This Mall REIT Still a Buy?
Simon Property Group Inc - Stock Chart
Simon Property: Getting Interesting Near $100
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
82880610
Employees
3,300
Year Founded
1993

Company Calendar

Last Earnings
5/09/2022
Ex-Dividend for 6/30 Dividend
6/08/2022
Dividend Payable
6/30/2022
Today
7/04/2022
Next Earnings (Estimated)
8/01/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$155.36
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+67.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71428571428571
Research Coverage
14 Analysts

Profitability

Net Income
$2.25 billion
Pretax Margin
35.94%

Debt

Sales & Book Value

Annual Sales
$5.12 billion
Cash Flow
$10.42 per share
Book Value
$11.11 per share

Miscellaneous

Free Float
300,665,000
Market Cap
$31.44 billion
Optionable
Optionable
Beta
1.48

Social Links















Simon Property Group Frequently Asked Questions

Should I buy or sell Simon Property Group stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "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 1 year target prices for Simon Property Group's shares. Their SPG stock forecasts range from $100.00 to $180.00. On average, they predict Simon Property Group's stock price to reach $155.36 in the next twelve months. This suggests a possible upside of 62.4% 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 price performed in 2022?

Simon Property Group's stock was trading at $159.77 at the start of the year. 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) released its quarterly earnings data on Monday, May, 9th. The real estate investment trust reported $1.30 EPS for the quarter, missing analysts' consensus estimates of $2.74 by $1.44. The real estate investment trust had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.24 billion. Simon Property Group had a trailing twelve-month return on equity of 56.67% and a net margin of 43.12%. The company's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. Stockholders of record on Thursday, June 9th will be paid a dividend of $1.70 per share on Thursday, June 30th. This represents a $6.80 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date is Wednesday, June 8th. This is a boost 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 Officer
  • Mr. 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.

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 $6.78 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 7/4/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.