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

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$184.06 +1.56 (+0.85 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$182.50
Today's Range$182.97 - $186.10
52-Week Range$145.78 - $191.49
Volume2.52 million shs
Average Volume1.63 million shs
Market Capitalization$60.06 billion
P/E Ratio16.42
Dividend Yield4.27%
Beta0.42
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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Current SymbolNYSE:SPG
Previous Symbol
CUSIP82880610
Phone317-636-1600

Debt

Debt-to-Equity Ratio6.14
Current Ratio1.12
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio16.42
Forward P/E Ratio15.17
P/E Growth2.6

Sales & Book Value

Annual Sales$5.54 billion
Price / Sales10.65
Cash Flow$10.4639 per share
Price / Cash Flow17.59
Book Value$13.10 per share
Price / Book14.05

Profitability

EPS (Most Recent Fiscal Year)$11.21
Net Income$1.95 billion
Net Margins40.83%
Return on Equity57.87%
Return on Assets7.34%

Miscellaneous

Employees5,000
Outstanding Shares320,420,000
Market Cap$60.06 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. Investors 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 4.35%. 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) announced its quarterly earnings results on Thursday, October, 25th. The real estate investment trust reported $1.80 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $1.42 billion. Simon Property Group had a net margin of 40.83% and a return on equity of 57.87%. 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 Wednesday, January 30th 2019. View Earnings Estimates for Simon Property Group.

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 (EPS) guidance of $12.09-12.13 for the period.

What price target have analysts set for SPG?

14 Wall Street analysts have issued 1 year price objectives for Simon Property Group's stock. Their forecasts range from $175.00 to $240.00. On average, they expect Simon Property Group's share price to reach $193.00 in the next twelve months. This suggests a possible upside of 4.9% 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?

Media coverage about SPG stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Simon Property Group earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

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. John Rulli, Chief Admin. Officer & Pres of Malls (Age 62)
  • Mr. Steven E. Fivel, Sec. & Gen. Counsel (Age 57)
  • Mr. Andrew A. Juster, Exec. Officer (Age 65)

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 Vanguard Group Inc. (12.60%), Vanguard Group Inc (12.60%), BlackRock Inc. (9.51%), Capital World Investors (5.95%), Cohen & Steers Inc. (2.33%) and Morgan Stanley (2.17%). 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 major investors are selling Simon Property Group stock?

SPG stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Morgan Stanley, Brookfield Asset Management Inc., Vanguard Group Inc., Vanguard Group Inc, Mitsubishi UFJ Trust & Banking Corp, Bank of New York Mellon Corp and Cohen & Steers Inc.. 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 major investors are buying Simon Property Group stock?

SPG stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Capital Research Global Investors, Los Angeles Capital Management & Equity Research Inc., JPMorgan Chase & Co., TIAA CREF Investment Management LLC, FMR LLC, Teachers Advisors LLC and Unigestion Holding SA. 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 $184.06.

How big of a company is Simon Property Group?

Simon Property Group has a market capitalization of $60.06 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:  3.4 out of 5 (star star star)
Outperform Votes:  710 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  1,057
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 12/13/2018 by MarketBeat.com Staff

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