NYSE:SPG - Simon Property Group Stock Price, Price Target & More

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$170.50 -3.46 (-1.99 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$173.96
Today's Range$170.32 - $173.53
52-Week Range$145.78 - $174.39
Volume1.38 million shs
Average Volume1.72 million shs
Market Capitalization$54.69 billion
P/E Ratio15.37
Dividend Yield4.57%
Beta0.55
Simon Property Group logoSimon 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.

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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 Ratio5.93
Current Ratio0.89
Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio15.37
Forward P/E Ratio14.17
P/E Growth2.31

Sales & Book Value

Annual Sales$5.54 billion
Price / Sales9.86
Cash Flow$10.6429 per share
Price / Cash16.02
Book Value$13.10 per share
Price / Book13.02

Profitability

EPS (Most Recent Fiscal Year)$11.21
Net Income$1.95 billion
Net Margins37.36%
Return on Equity50.24%
Return on Assets6.67%

Miscellaneous

Employees5,000
Outstanding Shares320,340,000
Market Cap$54,687.76

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 Friday, April 27th. Shareholders of record on Thursday, May 17th will be given a dividend of $1.94 per share on Thursday, May 31st. This represents a $7.76 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend is Wednesday, May 16th. View Simon Property Group's Dividend History.

How were Simon Property Group's earnings last quarter?

Simon Property Group Inc (NYSE:SPG) announced its quarterly earnings results on Friday, April, 27th. The real estate investment trust reported $2.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.83 by $0.04. The real estate investment trust earned $1.40 billion during the quarter, compared to the consensus estimate of $1.38 billion. Simon Property Group had a return on equity of 50.24% and a net margin of 37.36%. The company's revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.53 earnings per share. View Simon Property Group's Earnings History.

When is Simon Property Group's next earnings date?

Simon Property Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Simon Property Group.

What guidance has Simon Property Group issued on next quarter's earnings?

Simon Property Group updated its FY18 earnings guidance on Friday, April, 27th. The company provided earnings per share (EPS) guidance of $11.95-12.05 for the period, compared to the Thomson Reuters consensus estimate of $12.00.

What price target have analysts set for SPG?

11 Wall Street analysts have issued 12-month price targets for Simon Property Group's stock. Their forecasts range from $170.00 to $240.00. On average, they expect Simon Property Group's stock price to reach $186.8182 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Ratings for Simon Property Group.

What is the consensus analysts' recommendation for Simon Property Group?

11 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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?

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?

Press coverage about SPG stock has trended somewhat positive on Friday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Simon Property Group earned a media sentiment score of 0.15 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 45.46 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Simon Property Group's major shareholders?

Simon Property Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include NN Investment Partners Holdings N.V. (0.15%), Westpac Banking Corp (0.15%), Bank of Montreal Can (0.12%), Factory Mutual Insurance Co. (0.10%), State of Alaska Department of Revenue (0.05%) and Retirement Systems of Alabama (0.05%). Company insiders that own Simon Property Group stock include Andrew Juster, 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 NN Investment Partners Holdings N.V., Bank of Montreal Can, State of Alaska Department of Revenue, Pendal Group Ltd, Hartford Investment Management Co., Nisa Investment Advisors LLC, Westpac Banking Corp and Creative Planning. View Insider Buying and Selling for Simon Property Group.

Which institutional investors are buying Simon Property Group stock?

SPG stock was bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Cardinal Capital Management Inc., David R. Rahn & Associates Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Calamos Advisors LLC, Capital Investment Advisors LLC, Gulf International Bank UK Ltd and IFM Investors Pty Ltd. 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 $170.50.

How big of a company is Simon Property Group?

Simon Property Group has a market capitalization of $54.69 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)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  653 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  938
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.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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