Log in
NYSE:SPG

Simon Property Group Stock Forecast, Price & News

$85.55
-1.64 (-1.88 %)
(As of 11/27/2020 12:00 AM ET)
Add
Compare
Today's Range
$85.53
Now: $85.55
$88.60
50-Day Range
$60.76
MA: $70.08
$88.79
52-Week Range
$42.25
Now: $85.55
$151.59
Volume2.31 million shs
Average Volume6.23 million shs
Market Capitalization$26.17 billion
P/E Ratio15.04
Dividend Yield6.08%
Beta1.35
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.
Read More
Simon Property Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.1Community Rank: 3.2Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.23 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP82880610
Phone317-636-1600
Employees4,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.76 billion
Cash Flow$14.60 per share
Book Value$8.95 per share

Profitability

Net Income$2.10 billion

Miscellaneous

Market Cap$26.17 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$85.55
-1.64 (-1.88 %)
(As of 11/27/2020 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.

speech bubbles
speech bubbles











Simon Property Group (NYSE:SPG) Frequently Asked Questions

How has Simon Property Group's stock been impacted by Coronavirus (COVID-19)?

Simon Property Group's stock was trading at $101.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SPG stock has decreased by 15.7% and is now trading at $85.55.
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, 11 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Simon Property Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Simon Property Group?

Wall Street analysts have given Simon Property Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Simon Property Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Simon Property Group's next earnings date?

Simon Property Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
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 results on Monday, November, 9th. The real estate investment trust reported $0.48 EPS for the quarter, missing the Zacks' consensus estimate of $2.25 by $1.77. The real estate investment trust had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.16 billion. Simon Property Group had a net margin of 32.88% and a return on equity of 65.60%. The company's revenue was down 25.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.05 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 Tuesday, September 29th. Stockholders of record on Friday, October 9th will be given a dividend of $1.30 per share on Friday, October 23rd. This represents a $5.20 annualized dividend and a dividend yield of 6.08%. The ex-dividend date is Thursday, October 8th.
View Simon Property Group's dividend history
.

How will Simon Property Group's stock buyback program work?

Simon Property Group announced that its board has approved a stock buyback plan on Tuesday, February 12th 2019, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for SPG?

16 equities research analysts have issued 1-year price objectives for Simon Property Group's shares. Their forecasts range from $49.00 to $160.00. On average, they expect Simon Property Group's stock price to reach $84.71 in the next twelve months. This suggests that the stock has a possible downside of 1.0%.
View analysts' price targets for Simon Property Group
.

Who are some of Simon Property Group's key 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), Exxon Mobil (XOM), Intel (INTC), Johnson & Johnson (JNJ), The Walt Disney (DIS), Pfizer (PFE), Verizon Communications (VZ), Cisco Systems (CSCO) 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 58, Pay $4.12M)
  • Mr. Brian J. McDade, Exec. VP, CFO & Treasurer (Age 41, Pay $977.46k)
  • Mr. John Rulli, Chief Admin. Officer (Age 64, Pay $1.4M)
  • Mr. Steven E. Fivel, Gen. Counsel & Sec. (Age 59, Pay $1.55M)
  • Mr. Steven K. Broadwater, Sr. VP of Financial Reporting & Operations (Age 53)
  • Mr. Stanley Shashoua, Chief Investment Officer (Age 49)
  • Mr. Adam J. Reuille, Sr. VP & Chief Accounting Officer (Age 45)
  • Mr. Thomas Ward, Sr. VP of Investor Relations (Age 51)
  • Ali Slocum, VP of PR
  • Mr. Mikael Thygesen, Chief Marketing Officer & Pres of Simon Brand Ventures

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 investors include State Street Corp (5.72%), Daiwa Securities Group Inc. (2.01%), Morgan Stanley (1.89%), PGGM Investments (1.32%), Charles Schwab Investment Management Inc. (0.85%) and Principal Financial Group Inc. (0.80%). 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 State Street Corp, AQR Capital Management LLC, Heitman Real Estate Securities LLC, Los Angeles Capital Management & Equity Research Inc., Aew Capital Management L P, Morgan Stanley, UBS Asset Management Americas Inc., and Public Sector Pension Investment Board.
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 Daiwa Securities Group Inc., State of Tennessee Treasury Department, Prudential PLC, PGGM Investments, Sei Investments Co., NN Investment Partners Holdings N.V., Worldquant Millennium Advisors LLC, and GEM Realty Capital. 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 $85.55.

How big of a company is Simon Property Group?

Simon Property Group has a market capitalization of $26.17 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 11/30/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.