About Simon Property Group (NYSE:SPG)

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
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:SPG
CUSIP82880610
Phone317-636-1600
Debt
Debt-to-Equity Ratio5.87%
Current Ratio1.75%
Quick Ratio1.75%
Price-To-Earnings
Trailing P/E Ratio13.14
Forward P/E Ratio12.28
P/E Growth1.92
Sales & Book Value
Annual Sales$5.54 billion
Price / Sales8.52
Cash Flow$10.4433 per share
Price / Cash14.10
Book Value$13.10 per share
Price / Book11.24
Profitability
EPS (Most Recent Fiscal Year)$11.21
Net Income$1.95 billion
Net Margins35.14%
Return on Equity44.93%
Return on Assets6.22%
Miscellaneous
Employees5,000
Outstanding Shares320,340,000
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 Wednesday, January 31st. Shareholders of record on Wednesday, February 14th will be paid a dividend of $1.95 per share on Wednesday, February 28th. This represents a $7.80 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Tuesday, February 13th. This is a positive change from Simon Property Group's previous quarterly dividend of $1.85. View Simon Property Group's Dividend History.
How were Simon Property Group's earnings last quarter?
Simon Property Group (NYSE:SPG) posted its earnings results on Wednesday, January, 31st. The real estate investment trust reported $3.12 earnings per share for the quarter, hitting analysts' consensus estimates of $3.12. The real estate investment trust had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.45 billion. Simon Property Group had a net margin of 35.14% and a return on equity of 44.93%. The business's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. 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 Wednesday, January, 31st. The company provided earnings per share guidance of $11.90-12.02 for the period, compared to the Thomson Reuters consensus estimate of $12.11.
What price target have analysts set for SPG?
14 analysts have issued 12 month price targets for Simon Property Group's shares. Their forecasts range from $158.00 to $240.00. On average, they expect Simon Property Group's stock price to reach $185.8462 in the next year. 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 International (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Weyerhaeuser (WY), Unibail-Rodamco (UNRDY), AvalonBay Communities (AVB), Equity Residential (EQR), Digital Realty (DLR), Welltower (WELL), GGP (GGP), Boston Properties (BXP), Ventas (VTR), Essex Property Trust (ESS), Host Marriott L P (HST), Realty Income (O) and Gecina (GECFF).
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, Chief Operating Officer and Director (Age 68)
- Mr. Andrew A. Juster, Chief Financial Officer and Exec. VP (Age 65)
- Mr. John Rulli, Chief Admin. Officer, Sr. Exec. VP and Chief Operating Officer of Malls (Age 61)
- Mr. Larry Clayborn Glasscock, Lead Independent Director (Age 70)
Has Simon Property Group been receiving favorable news coverage?
News coverage about SPG stock has been trending positive this week, Accern reports. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Simon Property Group earned a media sentiment score of 0.29 on Accern's scale. They also assigned media coverage about the real estate investment trust an impact score of 45.94 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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 $147.25.
How big of a company is Simon Property Group?
Simon Property Group has a market capitalization of $48.14 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 (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.
Simon Property Group (NYSE:SPG) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for Simon Property Group in the last 12 months. Their average twelve-month price target is $185.8462, suggesting that the stock has a possible upside of 26.21%. The high price target for SPG is $240.00 and the low price target for SPG is $158.00. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Buy | Buy | Buy | Buy |
Consensus Rating Score: | 2.57 | 2.67 | 2.71 | 2.69 |
Ratings Breakdown: | 0 Sell Rating(s) 6 Hold Rating(s) 8 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 5 Hold Rating(s) 10 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 5 Hold Rating(s) 12 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 5 Hold Rating(s) 11 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | $185.8462 | $191.40 | $191.9412 | $194.2667 |
Price Target Upside: | 26.21% upside | 21.57% upside | 18.23% upside | 17.68% upside |
Simon Property Group (NYSE:SPG) Consensus Price Target History

Simon Property Group (NYSE:SPG) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
Simon Property Group (NYSE:SPG) Dividend Information
Simon Property Group pays an annual dividend of $7.80 per share, with a dividend yield of 5.30%. SPG's most recent quarterly dividend payment was Wednesday, February 28. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 11.60% each year. Simon Property Group pays out 69.58% of its earnings out as a dividend.
Most Recent Dividend: | 2/28/2018 |
Annual Dividend: | $7.80 |
Dividend Yield: | 5.30% |
Dividend Growth: | 11.60% (3 Year Average) |
Payout Ratio: | 69.58% (Trailing 12 Months of Earnings) 65.05% (Based on This Year's Estimates) 62.10% (Based on Next Year's Estimates)
|
Track Record: | 8 Years of Consecutive Dividend Growth |
Frequency: | Quarterly Dividend |
Simon Property Group (NYSE:SPG) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
1/31/2018 | quarterly | $1.95 | 5.05% | 2/13/2018 | 2/14/2018 | 2/28/2018 |
10/27/2017 | quarterly | $1.85 | 4.69% | 11/15/2017 | 11/16/2017 | 11/30/2017 |
8/1/2017 | Quarterly | $1.80 | 4.46% | 8/15/2017 | 8/17/2017 | 8/31/2017 |
4/27/2017 | quarterly | $1.75 | 4.24% | 5/15/2017 | 5/17/2017 | 5/31/2017 |
1/31/2017 | quarterly | $1.75 | 3.86% | 2/10/2017 | 2/14/2017 | 2/28/2017 |
10/26/2016 | quarterly | $1.65 | 3.61% | 11/14/2016 | 11/16/2016 | 11/30/2016 |
7/27/2016 | quarterly | $1.65 | 2.98% | 8/15/2016 | 8/17/2016 | 8/31/2016 |
4/26/2016 | quarterly | $1.60 | 3.13% | 5/13/2016 | 5/17/2016 | 5/31/2016 |
1/29/2016 | quarterly | $1.60 | 3.41% | 2/10/2016 | 2/12/2016 | 2/29/2016 |
10/27/2015 | quarterly | $1.60 | 3.11% | 11/12/2015 | 11/16/2015 | 11/30/2015 |
7/24/2015 | quarterly | $1.55 | 3.36% | 8/13/2015 | 8/17/2015 | 8/31/2015 |
4/24/2015 | quarterly | $1.50 | 3.16% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
2/2/2015 | quarterly | $1.40 | 2.81% | 2/11/2015 | 2/13/2015 | 2/27/2015 |
10/22/2014 | quarterly | $1.30 | 3.02% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
7/23/2014 | quarterly | $1.30 | 3.08% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
4/22/2014 | quarterly | $1.30 | 3.05% | 5/14/2014 | 5/16/2014 | 5/30/2014 |
1/31/2014 | quarterly | $1.25 | 3.31% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
10/25/2013 | quarterly | $1.20 | 3.01% | 11/13/2013 | 11/15/2013 | 11/29/2013 |
7/29/2013 | quarterly | $1.15 | 2.82% | 8/14/2013 | 8/16/2013 | 8/30/2013 |
4/26/2013 | quarterly | $1.15 | 2.61% | 5/15/2013 | 5/17/2013 | 5/31/2013 |
2/4/2013 | quarterly | $1.15 | 2.84% | 2/12/2013 | 2/14/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
Simon Property Group (NYSE SPG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 8.64%
Institutional Ownership Percentage: 94.79%
Simon Property Group (NYSE SPG) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
12/29/2017 | Steven K Broadwater | SVP | Sell | 621 | $171.95 | $106,780.95 | | |
12/29/2017 | Steven K Broadwater | CAO | Sell | 621 | $171.95 | $106,780.95 | 2,290 | |
3/28/2017 | Reuben S. Leibowitz | Director | Buy | 1,400 | $166.00 | $232,400.00 | | |
9/1/2016 | Steven K Broadwater | SVP | Sell | 945 | $215.41 | $203,562.45 | 2,965 | |
8/29/2016 | Andrew Juster | CFO | Sell | 7,000 | $215.68 | $1,509,760.00 | | |
4/28/2016 | Allan B Hubbard | Director | Buy | 136 | $204.92 | $27,869.12 | 8,809 | |
3/21/2016 | David J Contis | EVP | Sell | 11,000 | $202.63 | $2,228,930.00 | 15,163 | |
12/22/2015 | Allan B Hubbard | Director | Buy | 145 | $192.70 | $27,941.50 | 8,673 | |
8/18/2015 | Steven K Broadwater | CAO | Sell | 1,489 | $194.17 | $289,119.13 | | |
12/24/2014 | John Rulli | EVP | Sell | 5,400 | $186.28 | $1,005,912.00 | | |
12/23/2014 | Stephen E Sterrett | CFO | Sell | 9,369 | $186.21 | $1,744,601.49 | | |
12/22/2014 | Andrew Juster | EVP | Sell | 7,500 | $185.51 | $1,391,325.00 | | |
6/26/2014 | Steven K Broadwater | CAO | Sell | 1,370 | $165.88 | $227,255.60 | | |
3/5/2014 | David Contis | EVP | Sell | 4,000 | $164.27 | $657,080.00 | 26,163 | |
12/27/2013 | Stephen Sterrett | CFO | Sell | 8,955 | $153.14 | $1,371,368.70 | 94,693 | |
12/26/2013 | James Barkley | General Counsel | Sell | 4,000 | $154.40 | $617,600.00 | 89,288 | |
3/12/2013 | Larry C Glasscock | Director | Buy | 1,500 | $159.99 | $239,985.00 | | |
(Data available from 1/1/2013 forward)
Simon Property Group (NYSE SPG) News Headlines
Source: |
|
Date | Headline |
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 | Jefferies Group Reiterates "Buy" Rating for Simon Property Group (SPG) www.americanbankingnews.com - April 18 at 11:44 AM |
 | JACOBS DOUWE EGBERTS Holdings B.V. -- Moody's changes JDE's rating outlook to positive; Ba2 ratings affirmed finance.yahoo.com - April 18 at 10:02 AM |
 | Simon Property Group (SPG) Set to Announce Quarterly Earnings on Wednesday www.americanbankingnews.com - April 18 at 2:30 AM |
 | Simon Property Group (SPG) vs. Hammerson (HMSNF) Financial Comparison www.americanbankingnews.com - April 17 at 1:35 PM |
 | Jacobs Douwe Egberts International B.V. -- Moody's changes JDE's rating outlook to positive; Ba2 ratings affirmed finance.yahoo.com - April 17 at 9:53 AM |
 | Simon Property Group's (SPG) Buy Rating Reiterated at Jefferies Group www.americanbankingnews.com - April 16 at 12:03 PM |
 | Simon's Yield Above 5%: Safe Income Or Value Trap? seekingalpha.com - April 15 at 8:23 AM |
 | BidaskClub Upgrades Simon Property Group (SPG) to "Hold" www.americanbankingnews.com - April 14 at 9:13 PM |
 | Simon Property Group (SPG) Given a $240.00 Price Target at Boenning Scattergood www.americanbankingnews.com - April 14 at 10:05 AM |
 | Simon Property Group (SPG) Forecasted to Post Q1 2018 Earnings of $2.83 Per Share www.americanbankingnews.com - April 13 at 8:39 AM |
 | Simon Property Group Schedules First Quarter 2018 Earnings Release And Conference Call finance.yahoo.com - April 12 at 10:39 AM |
 | Simon (SPG) Announces Plan to Transform Former Sears Stores www.zacks.com - April 10 at 10:06 AM |
 | $1.38 Billion in Sales Expected for Simon Property Group (SPG) This Quarter www.americanbankingnews.com - April 10 at 2:55 AM |
 | Simon Begins Transformational Redevelopments At Five Properties finance.yahoo.com - April 9 at 4:16 PM |
 | Announcement of the Management's or Related parties' trading with SP Shares finance.yahoo.com - April 9 at 10:12 AM |
 | Simon Property Group (SPG) Expected to Announce Earnings of $2.83 Per Share www.americanbankingnews.com - April 8 at 5:20 PM |
 | Plans filed to kick off major redevelopment at Phipps Plaza (Renderings) www.bizjournals.com - April 5 at 4:14 PM |
 | After Plaza renovation, King of Prussia Mall looks to third phase www.bizjournals.com - April 5 at 4:14 PM |
 | Redemption of warrants - sale of treasury shares in SP Group A/S finance.yahoo.com - April 5 at 8:49 AM |
 | Notice of Annual General Meeting in SP Group A/S finance.yahoo.com - April 4 at 5:14 PM |
 | Boenning Scattergood Analysts Give Simon Property Group (SPG) a $240.00 Price Target www.americanbankingnews.com - April 4 at 3:32 PM |
 | Mizuho Analysts Give Simon Property Group (SPG) a $183.00 Price Target www.americanbankingnews.com - April 4 at 3:32 PM |
 | Simon Property Group (SPG) Given a $170.00 Price Target by SunTrust Banks Analysts www.americanbankingnews.com - April 4 at 3:32 PM |
 | Simon Property Group Inc (SPG) Receives Consensus Recommendation of "Hold" from Analysts www.americanbankingnews.com - March 31 at 5:26 PM |
 | Simon Property Group (SPG) Cut to "Sell" at Zacks Investment Research www.americanbankingnews.com - March 29 at 12:44 PM |
 | Stocks of mall owners sink as GGP accepts disappointing bid from rival Brookfield finance.yahoo.com - March 27 at 4:19 PM |
 | JPMorgan Chase & Co. Lowers Simon Property Group (SPG) to Neutral www.americanbankingnews.com - March 27 at 10:07 AM |
 | Simon Property Group (SPG) Stock Rating Reaffirmed by Boenning Scattergood www.americanbankingnews.com - March 25 at 10:56 PM |
 | Can Simon Property Group (SPG) Beat Mall Traffic Blues? - Nasdaq www.nasdaq.com - March 24 at 8:13 AM |
 | Simon Property Group Inc (SPG) Expected to Announce Quarterly Sales of $1.38 Billion www.americanbankingnews.com - March 24 at 4:30 AM |
 | Announcement of the Management's or Related parties' trading with SP Group shares finance.yahoo.com - March 23 at 6:22 PM |
 | Can Simon Property Group (SPG) Beat Mall Traffic Blues? www.zacks.com - March 23 at 9:28 AM |
 | New Share Buy-back programme at SP Group A/S finance.yahoo.com - March 22 at 4:23 PM |
 | Grant of warrants to the Executive Board and Managers finance.yahoo.com - March 22 at 4:23 PM |
 | Annual Report 2017 - SP Group A/S finance.yahoo.com - March 22 at 9:43 AM |
 | PREIT's (PEI) Dartmouth Mall to Undergo Remerchandising - Nasdaq www.nasdaq.com - March 21 at 4:25 PM |
 | Simon Property Group Announces Retirement Of Andrew Juster finance.yahoo.com - March 20 at 4:20 PM |
 | Simon Property Group (SPG) Raised to Hold at Zacks Investment Research www.americanbankingnews.com - March 20 at 2:58 PM |
 | Technology and real estate must blend together, mega mall owner says finance.yahoo.com - March 19 at 4:19 PM |
![[$$] Death of the Mall? Greatly Exaggerated, Says Big Money [$$] Death of the Mall? Greatly Exaggerated, Says Big Money](/images/news-sites/YahooFinance.jpg) | [$$] Death of the Mall? Greatly Exaggerated, Says Big Money finance.yahoo.com - March 19 at 4:19 PM |
 | HMG/Courtland Properties, Inc. (HMG) Ex-Dividend Date Scheduled for March 20, 2018 - Nasdaq www.nasdaq.com - March 19 at 10:31 AM |
 | UK Mall Operator Hammerson Rejects $6.8 Billion Bid From French Rival - Wall Street Journal www.wsj.com - March 19 at 10:31 AM |
 | EastGroup Properties, Inc. (EGP) Ex-Dividend Date Scheduled for March 20, 2018 - Nasdaq www.nasdaq.com - March 19 at 10:31 AM |
 | Crown Castle International Corporation (CCI) Ex-Dividend Date Scheduled for March 15, 2018 - Nasdaq www.nasdaq.com - March 14 at 12:36 PM |
 | Investors Real Estate Trust (IRET) Ex-Dividend Date Scheduled for March 14, 2018 - Nasdaq www.nasdaq.com - March 13 at 11:25 AM |
 | Medical Properties Trust, Inc. (MPW) Ex-Dividend Date Scheduled for March 14, 2018 - Nasdaq www.nasdaq.com - March 13 at 11:25 AM |
 | New-to-Houston retailers, restaurants opening in The Galleria finance.yahoo.com - March 9 at 4:29 PM |
 | Katy Mills mall to undergo renovations until 2020 (Video) www.bizjournals.com - March 8 at 4:22 PM |
 | $1.38 Billion in Sales Expected for Simon Property Group Inc (SPG) This Quarter www.americanbankingnews.com - March 7 at 2:40 PM |
 | Simon Property Group Inc (SPG) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - March 6 at 5:26 PM |
Simon Property Group (NYSE:SPG) SEC Filings
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Simon Property Group (NYSE:SPG) Income Statement, Balance Sheet and Cash Flow Statement
Simon Property Group (NYSE SPG) Stock Chart for Saturday, April, 21, 2018
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