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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:SPG

Simon Property Group Stock Forecast, Price & News

$111.17
+1.06 (+0.96 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$104.12
Now: $111.17
$112.29
50-Day Range
$92.46
MA: $102.54
$119.00
52-Week Range
$42.25
Now: $111.17
$121.31
Volume4.58 million shs
Average Volume4.14 million shs
Market Capitalization$34.02 billion
P/E Ratio25.27
Dividend Yield4.56%
Beta1.51
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.
Simon Property Group logo

Headlines

3 S&P 500 Laggards in 2020 Turned Leaders in 2021 (SPG)
February 18, 2021 |  marketbeat.com
Do You Think Malls Are Dead? Don't Be So Sure
February 27, 2021 |  finance.yahoo.com
Here's Why Simon Property Group Will Win Against E-Commerce
February 26, 2021 |  finance.yahoo.com
The future of America's shopping malls
February 22, 2021 |  finance.yahoo.com
Bruce Berkowitz Slims Berkshire Holding, Axes Kraft Heinz
February 19, 2021 |  finance.yahoo.com
How Risky Is Simon Property Group's Dividend?
February 12, 2021 |  finance.yahoo.com
Why I Sold Simon Property Group
February 12, 2021 |  seekingalpha.com
Simon Fighting Ascena Reorg: Here's Why
February 11, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP82880610
Phone317-636-1600
Employees4,500
Year Founded1993

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.76 billion
Cash Flow$13.64 per share
Book Value$8.95 per share

Profitability

Net Income$2.10 billion

Miscellaneous

Market Cap$34.02 billion
Next Earnings Date5/10/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.31 out of 5 stars

Finance Sector

73rd out of 1,942 stocks

Real Estate Investment Trusts Industry

11th out of 273 stocks

Analyst Opinion: 2.1Community Rank: 3.2Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$111.17
+1.06 (+0.96 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Simon Property Group (NYSE:SPG) Frequently Asked Questions

Is Simon Property Group a buy right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 2 sell ratings, 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Simon Property Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPG, but not buy additional shares or sell existing shares.
View analyst ratings for Simon Property Group
or view top-rated stocks.

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 past winning trading ideas 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 Monday, May 10th 2021.
View our earnings forecast for Simon Property Group
.

How were Simon Property Group's earnings last quarter?

Simon Property Group, Inc. (NYSE:SPG) issued its earnings results on Sunday, February, 7th. The real estate investment trust reported $0.86 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.19 by $1.33. The real estate investment trust had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.15 billion. Simon Property Group had a trailing twelve-month return on equity of 56.28% and a net margin of 27.22%. Simon Property Group's quarterly revenue was down 24.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.66 earnings per share.
View Simon Property Group's earnings history
.

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 shares have increased by 9.5% and is now trading at $111.17.
View which stocks have been most impacted by COVID-19
.

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, December 15th. Stockholders of record on Thursday, December 24th will be paid a dividend of $1.30 per share on Friday, January 22nd. This represents a $5.20 annualized dividend and a yield of 4.68%. The ex-dividend date of this dividend is Wednesday, December 23rd.
View Simon Property Group's dividend history
.

Is Simon Property Group a good dividend stock?

Simon Property Group pays an annual dividend of $5.20 per share and currently has a dividend yield of 4.56%. SPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Simon Property Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Simon Property Group is 43.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Simon Property Group will have a dividend payout ratio of 54.62% 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 FY21 earnings guidance on Monday, February, 8th. The company provided earnings per share (EPS) guidance of $9.50-9.75 for the period, compared to the Thomson Reuters consensus estimate of $9.57.

What price target have analysts set for SPG?

19 analysts have issued 12-month price targets for Simon Property Group's shares. Their forecasts range from $49.00 to $130.00. On average, they expect Simon Property Group's stock price to reach $92.44 in the next year. This suggests that the stock has a possible downside of 16.8%.
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:
  • Mr. David E. Simon, Chairman, CEO & Pres (Age 59, Pay $4.12M)
  • Mr. Brian J. McDade, Exec. VP, CFO & Treasurer (Age 42, Pay $977.46k)
  • Mr. John Rulli, Chief Admin. Officer (Age 65, Pay $1.4M)
  • Mr. Steven E. Fivel, Gen. Counsel & Sec. (Age 60, Pay $1.55M)
  • Mr. Steven K. Broadwater, Sr. VP of Financial Reporting & Operations (Age 54)
  • Mr. Stanley Shashoua, Chief Investment Officer (Age 50)
  • Mr. Adam J. Reuille, Sr. VP & Chief Accounting Officer (Age 46)
  • Mr. Thomas Ward, Sr. VP of Investor Relations (Age 52)
  • Ali Slocum, VP of PR
  • Mr. Mikael Thygesen, Chief Marketing Officer & Pres of Simon Brand Ventures

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.

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).

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 variety of retail and institutional investors. Top institutional investors include FMR LLC (3.83%), Northern Trust Corp (1.98%), Daiwa Securities Group Inc. (1.95%), Nuveen Asset Management LLC (1.74%), Dimensional Fund Advisors LP (1.65%) and Bank of New York Mellon Corp (1.51%). 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 institutional investors are selling Simon Property Group stock?

SPG stock was sold by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Morgan Stanley, Amundi Pioneer Asset Management Inc., Price T Rowe Associates Inc. MD, Sumitomo Mitsui Trust Holdings Inc., Prudential PLC, Daiwa Securities Group Inc., and State of Tennessee Treasury Department.
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 FMR LLC, Norges Bank, Nuveen Asset Management LLC, Brookfield Asset Management Inc., FIL Ltd, Bessemer Group Inc., UBS Asset Management Americas Inc., and Uniplan Investment Counsel 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
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 $111.17.

How much money does Simon Property Group make?

Simon Property Group has a market capitalization of $34.02 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.

How many employees does Simon Property Group have?

Simon Property Group employs 4,500 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 or via email at [email protected]


This page was last updated on 3/6/2021 by MarketBeat.com Staff

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