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. For more information, visit simon.com.
Industry, Sector and Symbol
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 Ratio15.42
Forward P/E Ratio14.37
P/E Growth2.22
Sales & Book Value
Annual Sales$5.54 billion
Price / Sales10.00
Cash Flow$10.9607 per share
Price / Cash15.77
Book Value$13.10 per share
Price / Book13.19
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
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 Friday, April 27th. Stockholders of record on Thursday, May 17th will be paid 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 4.49%. 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 the Zacks' consensus estimate of $2.83 by $0.04. The real estate investment trust had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.38 billion. Simon Property Group had a net margin of 37.36% and a return on equity of 50.24%. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.53 earnings per share. View Simon Property Group's Earnings History.
When is Simon Property Group's next earnings date?
What guidance has Simon Property Group issued on next quarter's earnings?
Simon Property Group issued an update on its FY18 earnings guidance on Friday, April, 27th. The company provided 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?
12 Wall Street analysts have issued 1-year price objectives for Simon Property Group's shares. Their forecasts range from $170.00 to $240.00. On average, they expect Simon Property Group's stock price to reach $187.00 in the next year. 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 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?
Some companies that are related to Simon Property Group include American Tower (AMT), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Prologis (PLD), Equinix (EQIX), Weyerhaeuser (WY), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL Rlty Tr/SH SH (DLR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).
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?
News coverage about SPG stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of 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 0.11 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 48.19 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company'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 BlackRock Inc. (9.45%), Principal Financial Group Inc. (1.90%), Northern Trust Corp (1.76%), Dimensional Fund Advisors LP (1.42%), JPMorgan Chase & Co. (1.22%) and Brookfield Asset Management Inc. (1.04%). 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 JPMorgan Chase & Co., Daiwa Securities Group Inc., Prudential Financial Inc., Duff & Phelps Investment Management Co., Swiss National Bank, American Century Companies Inc., Brookfield Asset Management Inc. and Sei Investments Co.. View Insider Buying and Selling for Simon Property Group.
Which institutional investors are buying Simon Property Group stock?
SPG stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, BlackRock Inc., Teachers Insurance & Annuity Association of America, Northern Trust Corp, Summit Trail Advisors LLC, Millennium Management LLC, Bahl & Gaynor Inc. and Schwab Charles Investment Management Inc.. 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 $172.85.
How big of a company is Simon Property Group?
Simon Property Group has a market capitalization of $53.84 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 (SPG)
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.
