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. For more information, visit simon.com.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:SPG
CUSIP82880610
Phone317-636-1600
Debt
Debt-to-Equity Ratio6.13
Current Ratio1.13
Quick Ratio1.13
Price-To-Earnings
Trailing P/E Ratio15.92
Forward P/E Ratio14.74
P/E Growth2.38
Sales & Book Value
Annual Sales$5.54 billion
Price / Sales10.32
Cash Flow$10.9095 per share
Price / Cash16.36
Book Value$13.10 per share
Price / Book13.62
Profitability
EPS (Most Recent Fiscal Year)$11.21
Net Income$1.95 billion
Net Margins40.11%
Return on Equity55.59%
Return on Assets7.20%
Miscellaneous
Employees5,000
Outstanding Shares320,330,000
Market Cap$55.86 billion
Simon Property Group (NYSE:SPG) Frequently Asked Questions
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 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, July 30th. Investors of record on Friday, August 17th will be paid a dividend of $2.00 per share on Friday, August 31st. This represents a $8.00 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date is Thursday, August 16th. This is a boost from Simon Property Group's previous quarterly dividend of $1.94. View Simon Property Group's Dividend History.
How were Simon Property Group's earnings last quarter?
Simon Property Group Inc (NYSE:SPG) posted its quarterly earnings data on Monday, July, 30th. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.64 by $0.13. The real estate investment trust had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Simon Property Group had a net margin of 40.11% and a return on equity of 55.59%. The business's revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.23 EPS. View Simon Property Group's Earnings History.
When is Simon Property Group's next earnings date?
What guidance has Simon Property Group issued on next quarter's earnings?
Simon Property Group updated its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share (EPS) guidance of $12.05-12.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $12.03.
What price target have analysts set for SPG?
12 analysts have issued 1 year target prices for Simon Property Group's stock. Their predictions range from $170.00 to $240.00. On average, they anticipate Simon Property Group's share price to reach $188.1667 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for Simon Property Group.
What is the consensus analysts' recommendation for Simon Property Group?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Simon Property Group.
What are Wall Street analysts saying about Simon Property Group stock?
Here are some recent quotes from research analysts about Simon Property Group stock:
- 1. According to Zacks Investment Research, "Shares of Simon Property have outperformed the industry it belongs to in the past six months. Notably, the company is focusing on overhauling its properties and increasingly adopting omni-channel strategies. These efforts will aid the company to beat retail blues and make its shopping malls more appealing. Further, in January, the company announced a hike in quarterly dividend. While Simon Property is putting in every effort to enhance the value of its assets, the implementation of such measures requires a decent upfront cost and therefore, would limit any robust growth in its profit margins in the near term. Also, rate hike have added to its woes." (3/20/2018)
- 2. Boenning Scattergood analysts commented, "Westfield’s valuation (more than 100 bps cheaper) while it boosts future earnings and NAV per share. We reiterate our Outperform rating on SPG and have marginally raised our NAV estimate." (2/1/2018)
Who are some of Simon Property Group's key competitors?
Some companies that are related to Simon Property Group include American Tower (AMT), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), DIGITAL RLTY TR/SH (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).
Who are Simon Property Group's key executives?
Simon Property Group's management team includes the folowing people:
- Mr. David E. Simon, Chairman & CEO (Age 56)
- Mr. Richard S. Sokolov, Pres, COO & Director (Age 68)
- Mr. Andrew A. Juster, Exec. VP & CFO (Age 65)
- Mr. John Rulli, Chief Admin. Officer & Pres of Malls (Age 62)
- Mr. Steven E. Fivel, Sec. & Gen. Counsel (Age 57)
Has Simon Property Group been receiving favorable news coverage?
Media coverage about SPG stock has trended somewhat positive recently, Accern reports. The research group scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Simon Property Group earned a media and rumor sentiment score of 0.10 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 47.77 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Simon Property Group.
Who are Simon Property Group's major shareholders?
Simon Property Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.56%), Morgan Stanley (2.41%), FMR LLC (2.02%), Dimensional Fund Advisors LP (1.44%), Bank of New York Mellon Corp (1.14%) and Cbre Clarion Securities LLC (1.06%). Company insiders that own Simon Property Group stock include Andrew Juster, John Rulli, Reuben S Leibowitz and Steven K Broadwater. 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 Morgan Stanley, Millennium Management LLC, Cbre Clarion Securities LLC, Standard Life Aberdeen plc, Eagle Asset Management Inc., Alpine Woods Capital Investors LLC, Presima Inc. and Barings LLC. Company insiders that have sold Simon Property Group company stock in the last year include John Rulli and Steven K Broadwater. View Insider Buying and Selling for Simon Property Group.
Which institutional investors are buying Simon Property Group stock?
SPG stock was purchased by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., BlackRock Inc., American Century Companies Inc., Natixis, Centersquare Investment Management LLC, Russell Investments Group Ltd., Los Angeles Capital Management & Equity Research Inc. and Massachusetts Financial Services Co. MA. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Simon Property Group's stock price today?
One share of SPG stock can currently be purchased for approximately $178.48.
How big of a company is Simon Property Group?
Simon Property Group has a market capitalization of $55.86 billion and generates $5.54 billion in revenue each year. The real estate investment trust earns $1.95 billion in net income (profit) each year or $11.21 on an earnings per share basis. Simon Property Group employs 5,000 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 real estate investment trust can be reached via phone at 317-636-1600 or via email at [email protected]
MarketBeat Community Rating for Simon Property Group (NYSE SPG)
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.
