S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
NYSE:SPG

Simon Property Group Stock Forecast, Price & News

$156.25
+3.65 (+2.39%)
(As of 12/7/2021 04:00 PM ET)
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Today's Range
$154.95
$158.70
50-Day Range
$129.97
$170.50
52-Week Range
$82.02
$171.12
Volume
2.65 million shs
Average Volume
2.69 million shs
Market Capitalization
$51.35 billion
P/E Ratio
25.32
Dividend Yield
3.93%
Beta
1.5
30 days | 90 days | 365 days | Advanced Chart
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Simon Property Group logo

About Simon Property Group

Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust. It owns, develops and manages retail real estate properties which primarily consist of regional malls, premium outlets and mills. Simon Property Group specializes in the ownership, development, management, leasing, acquisition and expansion of income-producing retail real estate assets. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in December 1993 and is headquartered in Indianapolis, IN.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$4.61 billion
Cash Flow
$7.41 per share
Book Value
$11.66 per share

Profitability

Net Income
$1.11 billion
Pretax Margin
32.59%

Debt

Price-To-Earnings

Miscellaneous

Free Float
300,719,000
Market Cap
$51.35 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/08/2021
Dividend Payable
9/30/2021
Last Earnings
10/31/2021
Today
12/08/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/14/2022

Social Links


MarketRank

Overall MarketRank

2.63 out of 5 stars

Finance Sector

221st out of 1,342 stocks

Real Estate Investment Trusts Industry

39th out of 223 stocks

Analyst Opinion: 2.3Community Rank: 5.0Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 0.0 5 -4 -3 -2 -1 -












Simon Property Group (NYSE:SPG) Frequently Asked Questions

Is Simon Property Group a buy right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Simon Property Group stock.
View analyst ratings for Simon Property Group
or view top-rated stocks.

How has Simon Property Group's stock price 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 (WHO). Since then, SPG stock has increased by 53.9% and is now trading at $156.25.
View which stocks have been most impacted by COVID-19
.

When is Simon Property Group's next earnings date?

Simon Property Group is scheduled to release its next quarterly earnings announcement on Monday, February 14th 2022.
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 Sunday, October, 31st. The real estate investment trust reported $1.77 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.47 by $0.70. The real estate investment trust earned $1.30 billion during the quarter, compared to the consensus estimate of $1.20 billion. Simon Property Group had a trailing twelve-month return on equity of 53.12% and a net margin of 41.00%. Simon Property Group's revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.05 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, November 1st. Investors of record on Friday, December 10th will be given a dividend of $1.65 per share on Friday, December 31st. This represents a $6.60 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend is Thursday, December 9th. This is an increase from Simon Property Group's previous quarterly dividend of $1.50.
View Simon Property Group's dividend history
.

Is Simon Property Group a good dividend stock?

Simon Property Group pays an annual dividend of $6.00 per share and currently has a dividend yield of 3.93%. 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 97.24%. 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 52.36% 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 2021 earnings guidance on Monday, November, 8th. The company provided EPS guidance of $11.550-$11.650 for the period. The company issued revenue guidance of -.

What price target have analysts set for SPG?

18 equities research analysts have issued 12 month target prices for Simon Property Group's stock. Their forecasts range from $125.00 to $200.00. On average, they anticipate Simon Property Group's stock price to reach $159.47 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts' price targets for Simon Property Group
or view top-rated stocks among Wall Street analysts.

Who are Simon Property Group's key executives?

Simon Property Group's management team includes the following people:
  • David E. Simon, Chairman, President & Chief Executive Officer
  • Brian J. McDade, Chief Financial Officer, Treasurer & Executive VP
  • Adam J. Reuille, Chief Accounting Officer & Senior Vice President
  • Greg Vlahos, Senior Vice President
  • Ronald M. Tucker, Vice President & Bankruptcy Counsel

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."

Who are Simon Property Group's major shareholders?

Simon Property Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.30%), Cohen & Steers Inc. (6.72%), Geode Capital Management LLC (2.06%), Dimensional Fund Advisors LP (1.52%), Daiwa Securities Group Inc. (1.38%) and Bank of New York Mellon Corp (1.15%). Company insiders that own Simon Property Group stock include Daniel C Smith, David Simon, Glyn Aeppel, Herbert Simon, J Albert Smith Jr, Larry C Glasscock, Marta R Stewart, Reuben S Leibowitz and Simon Property Group Inc /De/.
View institutional ownership trends for Simon Property Group
.

Which institutional investors are selling Simon Property Group stock?

SPG stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Morgan Stanley, Invesco Ltd., State of Michigan Retirement System, BlackRock Inc., American Century Companies Inc., Polaris Wealth Advisory Group LLC, and SG Americas Securities LLC.
View insider buying and selling activity for Simon Property Group
or view top insider-selling stocks.

Which institutional investors are buying Simon Property Group stock?

SPG stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Natixis, Renaissance Technologies LLC, Candlestick Capital Management LP, LSV Asset Management, Royal Bank of Canada, Nan Shan Life Insurance Co. Ltd., and Duff & Phelps Investment Management Co.. Company insiders that have bought Simon Property Group stock in the last two years include Daniel C Smith, David Simon, Glyn Aeppel, Herbert Simon, J Albert Smith Jr, Larry C Glasscock, Marta R Stewart, Reuben S Leibowitz, and Simon Property Group Inc /De/.
View insider buying and selling activity for Simon Property Group
or or view top insider-buying stocks.

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 $156.25.

How much money does Simon Property Group make?

Simon Property Group has a market capitalization of $51.35 billion and generates $4.61 billion in revenue each year. The real estate investment trust earns $1.11 billion in net income (profit) each year or $6.17 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.

What is Simon Property Group's official website?

The official website for Simon Property Group is www.simon.com.

Where are Simon Property Group's headquarters?

Simon Property Group is headquartered at 225 WEST WASHINGTON STREET, INDIANAPOLIS IN, 46204.

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, via email at [email protected], or via fax at 317-685-7222.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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