Simon Property Group Stock Forecast, Price & News

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 1 sell rating, 9 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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.
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Simon Property Group is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Simon Property Group.

Simon Property Group, Inc. (NYSE:SPG) issued its quarterly earnings results on Monday, May, 10th. The real estate investment trust reported $1.36 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.25 by $0.89. The real estate investment trust earned $1.24 billion during the quarter. Simon Property Group had a net margin of 24.94% and a trailing twelve-month return on equity of 40.13%. The firm's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 earnings per share.
View Simon Property Group's earnings history.

Simon Property Group's stock was trading at $101.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SPG stock has increased by 28.6% and is now trading at $130.50.
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Simon Property Group announced a quarterly dividend on Monday, June 21st. Shareholders of record on Friday, July 2nd will be given a dividend of $1.40 per share on Friday, July 23rd. This represents a $5.60 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date is Thursday, July 1st. This is a positive change from Simon Property Group's previous quarterly dividend of $1.30.
View Simon Property Group's dividend history.

Simon Property Group pays an annual dividend of $5.20 per share and currently has a dividend yield of 3.99%. 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 strong track record of dividend growth. The dividend payout ratio of Simon Property Group is 57.08%. 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 50.88% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend.
View Simon Property Group's dividend history.

Simon Property Group issued an update on its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided EPS guidance of $9.700-9.800 for the period. The company issued revenue guidance of -.

18 equities research analysts have issued twelve-month price targets for Simon Property Group's shares. Their forecasts range from $80.00 to $150.00. On average, they anticipate Simon Property Group's stock price to reach $127.13 in the next year. This suggests that the stock has a possible downside of 2.6%.
View analysts' price targets for Simon Property Group or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Simon Property Group include Realty Income (O), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), National Retail Properties (NNN), Agree Realty (ADC), Weingarten Realty Investors (WRI), The Macerich (MAC), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), Kite Realty Group Trust (KRG), Getty Realty (GTY), Alexander's (ALX) and RPT Realty (RPT).
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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).

Simon Property Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPG."

Simon Property Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.49%), Cohen & Steers Inc. (5.97%), Geode Capital Management LLC (1.94%), Northern Trust Corp (1.72%), Bank of New York Mellon Corp (1.58%) and Dimensional Fund Advisors LP (1.55%). Company insiders that own Simon Property Group stock include Daniel C Smith, David Simon, Glyn Aeppel, Herbert Simon, J Albert Smith Jr, Larry C Glasscock and Reuben S Leibowitz.
View institutional ownership trends for Simon Property Group.

SPG stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Daiwa Securities Group Inc., Morgan Stanley, Brookfield Asset Management Inc., BlackRock Inc., Principal Financial Group Inc., Zimmer Partners LP, and Russell Investments Group Ltd..
View insider buying and selling activity for Simon Property Group or view top insider-selling stocks.

SPG stock was bought by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Canada Pension Plan Investment Board, Bank of New York Mellon Corp, Alliancebernstein L.P., Minneapolis Portfolio Management Group LLC, Strs Ohio, Fred Alger Management LLC, and Scopus Asset Management L.P.. Company insiders that have bought Simon Property Group stock in the last two years include Daniel C Smith, David Simon, Glyn Aeppel, Herbert Simon, J Albert Smith Jr, Larry C Glasscock, and Reuben S Leibowitz.
View insider buying and selling activity for Simon Property Group or or view top insider-buying stocks.

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.
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One share of SPG stock can currently be purchased for approximately $130.50.

Simon Property Group has a market capitalization of $42.87 billion and generates $4.61 billion in revenue each year. The real estate investment trust earns $1.11 billion in net income (profit) each year or $9.11 on an earnings per share basis.

Simon Property Group employs 2,400 workers across the globe.

Simon Property Group was founded in 1993.

The official website for Simon Property Group is www.simon.com.

Simon Property Group is headquartered at 225 WEST WASHINGTON STREET, INDIANAPOLIS IN, 46204.

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]