NYSE:SPGSimon Property Group Stock Price, Forecast & 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 $69.10 +3.64 (+5.56 %) (As of 08/11/2020 12:30 PM ET) Add Compare Share Today's Range$67.50Now: $69.11▼$70.9950-Day Range$60.42MA: $64.03▼$70.1352-Week Range$42.25Now: $69.11▼$163.60Volume9.34 million shsAverage Volume4.69 million shsMarket Capitalization$22.14 billionP/E Ratio10.70Dividend Yield8.36%Beta1.28 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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 $93.25, Simon Property Group has a potential upside of 32.1% from its current price of $70.59.Amount of Analyst CoverageSimon Property Group has been the subject of 8 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 461 “underperform” votes. (Add your “underperform” vote.)Community SentimentSimon Property Group has received 63.84% “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 8.36%, 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 48.51% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Simon Property Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,500.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.93% of the stock of Simon Property Group is held by insiders.Percentage Held by Institutions90.14% 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 3.47% in the coming year, from $10.36 to $10.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 10.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 10.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.80.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 1.20. 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 7.89. 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: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.31 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 Ratio11.16 Current Ratio3.60 Quick Ratio3.60Price-To-Earnings Trailing P/E Ratio10.70 Forward P/E Ratio6.67 P/E Growth1.2 Sales & Book Value Annual Sales$5.76 billion Price / Sales3.85 Cash Flow$12.12 per share Price / Cash Flow5.70 Book Value$8.95 per share Price / Book7.72Profitability EPS (Most Recent Fiscal Year)$12.04 Net Income$2.10 billion Net Margins35.20% Return on Equity68.08% Return on Assets6.13%Miscellaneous Employees4,500 Outstanding Shares320,440,000Market Cap$22.14 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $69.10 +3.64 (+5.56 %) (As of 08/11/2020 12:30 PM 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 been impacted by COVID-19? Simon Property Group's stock was trading at $101.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SPG shares have decreased by 32.7% and is now trading at $68.34. 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 earnings results on Monday, August, 10th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.31 by $1.48. The real estate investment trust earned $1.06 billion during the quarter, compared to the consensus estimate of $1.13 billion. Simon Property Group had a return on equity of 68.08% and a net margin of 35.20%. Simon Property Group's revenue for the quarter was down 24.0% compared to the same quarter last year. During the same quarter last year, the business 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. Shareholders of record on Friday, July 10th will be paid a dividend of $1.30 per share on Friday, July 24th. This represents a $5.20 annualized dividend and a dividend yield of 7.61%. 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 announced that its board has initiated a share repurchase 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 typically a sign that the company's leadership believes its stock is undervalued. What price target have analysts set for SPG? 16 analysts have issued 1 year price targets for Simon Property Group's shares. Their forecasts range from $49.00 to $218.00. On average, they expect Simon Property Group's share price to reach $93.25 in the next year. This suggests a possible upside of 36.5% from the stock's current price. View analysts' price targets for Simon Property Group. Has Simon Property Group been receiving favorable news coverage? Media coverage about SPG stock has trended neutral on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Simon Property Group earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Simon Property Group. Are investors shorting Simon Property Group? Simon Property Group saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 18,480,000 shares, an increase of 39.4% from the January 31st total of 13,260,000 shares. Based on an average trading volume of 2,010,000 shares, the days-to-cover ratio is presently 9.2 days. Approximately 6.1% of the company's shares are short sold. View Simon Property Group's Short Interest. 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), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Alexander's (ALX), Getty Realty (GTY), Macerich (MAC), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG). 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), Exxon Mobil (XOM), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Pfizer (PFE) and Cisco Systems (CSCO). 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 a number of institutional and retail investors. Top institutional shareholders include PGGM Investments (1.22%), Sumitomo Mitsui Trust Holdings Inc. (0.87%), Principal Financial Group Inc. (0.81%), State of Michigan Retirement System (0.52%), Russell Investments Group Ltd. (0.45%) and Prudential PLC (0.39%). 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 First Trust Advisors LP, Principal Financial Group Inc., Aew Capital Management L P, New York State Common Retirement Fund, Prudential PLC, Presima Inc., Strs Ohio, and State of Michigan Retirement System. View insider buying and selling activity for Simon Property Group. Which major investors are buying Simon Property Group stock? SPG stock was acquired by a variety of institutional investors in the last quarter, including ANTIPODES PARTNERS Ltd, Russell Investments Group Ltd., PGGM Investments, Duff & Phelps Investment Management Co., Duality Advisers LP, Zweig DiMenna Associates LLC, Meitav Dash Investments Ltd., and Adams Diversified Equity Fund Inc.. 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 $68.34. How big of a company is Simon Property Group? Simon Property Group has a market capitalization of $21.90 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 8/11/2020 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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