NYSE:SPG - Simon Property Group Stock Price, News, & Analysis

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$172.89 +1.66 (+0.97 %)
(As of 01/17/2019 03:54 AM ET)
Previous Close$171.23
Today's Range$170.50 - $173.06
52-Week Range$145.78 - $191.49
Volume1.36 million shs
Average Volume1.38 million shs
Market Capitalization$54.71 billion
P/E Ratio15.42
Dividend Yield4.61%
Beta0.53
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.

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Industry, Sector and Symbol

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

Debt

Current Ratio1.12
Quick Ratio1.12

Price-To-Earnings

Sales & Book Value

Annual Sales$5.54 billion
Price / Sales10.00
Cash Flow$10.7921 per share
Price / Cash Flow16.02
Book Value$13.10 per share
Price / Book13.20

Profitability

Net Income$1.95 billion
Net Margins40.83%
Return on Assets7.34%

Miscellaneous

Employees5,000
Market Cap$54.71 billion
OptionableOptionable

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 announced a quarterly dividend on Thursday, October 25th. Shareholders of record on Friday, November 16th will be paid a dividend of $2.00 per share on Friday, November 30th. This represents a $8.00 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend is Thursday, November 15th. View Simon Property Group's Dividend History.

How were Simon Property Group's earnings last quarter?

Simon Property Group Inc (NYSE:SPG) issued its quarterly earnings results on Thursday, October, 25th. The real estate investment trust reported $1.80 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.73 by $0.07. The real estate investment trust earned $1.41 billion during the quarter, compared to analysts' expectations of $1.42 billion. Simon Property Group had a return on equity of 57.87% and a net margin of 40.83%. 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 Friday, February 1st 2019. View Earnings Estimates for Simon Property Group.

How can I listen to Simon Property Group's earnings call?

Simon Property Group will be holding an earnings conference call on Friday, February 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8885284228.

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

Simon Property Group issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $12.09-12.13 for the period.

What price target have analysts set for SPG?

14 brokerages have issued 12 month price targets for Simon Property Group's stock. Their predictions range from $175.00 to $240.00. On average, they anticipate Simon Property Group's share price to reach $193.00 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for Simon Property Group.

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

14 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 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 its industry over the past three months. Also, the trend in estimate revisions of current-year funds from operations (FFO) per share indicates a favorable outlook for the company. Simon Property recently reported third-quarter 2018 FFO per share of $3.05, which surpassed the Zacks Consensus Estimate. Results highlight increase in base minimum rent per square foot and leasing spread per square foot at its U.S. malls and Premium Outlets. It also raised its outlook for 2018. Notably, Simon Property has a diversified exposure to retail assets in the United States and abroad. It has a strong and improving balance sheet. The company is poised to gain from new development, redevelopment, expansion and acquisition efforts. Nonetheless, the implementation of such measures requires a decent upfront cost and therefore, may limit any robust growth in its near-term profit margins. Rate hike has added to its woes." (10/29/2018)
  • 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)

Has Simon Property Group been receiving favorable news coverage?

News articles about SPG stock have trended positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Simon Property Group earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term.

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 57)
  • Mr. Richard S. Sokolov, Pres, COO & Director (Age 69)
  • Mr. John Rulli, Chief Admin. Officer & Pres of Malls (Age 63)
  • Mr. Steven E. Fivel, Sec. & Gen. Counsel (Age 58)
  • Mr. Andrew A. Juster, Exec. Officer (Age 66)

Who are Simon Property Group's major shareholders?

Simon Property Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Resolution Capital Ltd (0.54%), Factory Mutual Insurance Co. (0.10%), State of Alaska Department of Revenue (0.05%), 6 Meridian (0.03%), Cardinal Capital Management Inc. (0.03%) and Pensionfund DSM Netherlands (0.03%). Company insiders that own Simon Property Group stock include John Rulli, 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 Gulf International Bank UK Ltd, Resolution Capital Ltd, LGT Capital Partners LTD., Timbercreek Investment Management Inc., Cullinan Associates Inc., DNB Asset Management AS, Louisiana State Employees Retirement System and QUANTRES ASSET MANAGEMENT Ltd. Company insiders that have sold Simon Property Group company stock in the last year include John Rulli and Steven K Broadwater. View Insider Buying and Selling for Simon Property Group.

Which institutional investors are buying Simon Property Group stock?

SPG stock was purchased by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Pensionfund Sabic, Pennsylvania Trust Co, Advisors Preferred LLC, Fox Run Management L.L.C., YHB Investment Advisors Inc., Daiwa SB Investments Ltd. and State of Alaska Department of Revenue. 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 $172.89.

How big of a company is Simon Property Group?

Simon Property Group has a market capitalization of $54.71 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.

What is Simon Property Group's official website?

The official website for Simon Property Group is http://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]


MarketBeat Community Rating for Simon Property Group (NYSE SPG)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  714 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  1,068
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 1/17/2019 by MarketBeat.com Staff

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