Simon Property Group Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Simon Property Group or view top-rated stocks.

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Simon Property Group is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Simon Property Group.

Simon Property Group, Inc. (NYSE:SPG) announced its quarterly earnings data on Sunday, February, 7th. The real estate investment trust reported $0.86 earnings per share for the quarter, missing the consensus estimate of $2.19 by $1.33. The real estate investment trust had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.15 billion. Simon Property Group had a trailing twelve-month return on equity of 56.28% and a net margin of 27.22%. The business's revenue for the quarter was down 24.0% compared to the same quarter last year. During the same period last year, the business posted $1.66 EPS.
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 14.2% and is now trading at $115.91.
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Simon Property Group declared a quarterly dividend on Tuesday, March 30th. Shareholders of record on Friday, April 9th will be given a dividend of $1.30 per share on Friday, April 23rd. This represents a $5.20 annualized dividend and a yield of 4.49%. The ex-dividend date is Thursday, April 8th.
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 4.55%. 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 strock track record of dividend growth. The dividend payout ratio of Simon Property Group is 43.19%. 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 54.62% 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 updated its FY21 earnings guidance on Monday, February, 8th. The company provided earnings per share (EPS) guidance of $9.50-9.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.57.

18 Wall Street analysts have issued twelve-month price targets for Simon Property Group's stock. Their forecasts range from $50.00 to $135.00. On average, they anticipate Simon Property Group's stock price to reach $94.75 in the next year. This suggests that the stock has a possible downside of 18.3%.
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), Kimco Realty (KIM), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Agree Realty (ADC), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), The Macerich (MAC), Acadia Realty Trust (AKR), Kite Realty Group Trust (KRG), Tanger Factory Outlet Centers (SKT), Alexander's (ALX), Getty Realty (GTY) and Saul Centers (BFS).
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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 many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.05%), Pensionfund DSM Netherlands (0.02%), Thompson Investment Management Inc. (0.01%), Pensionfund Sabic (0.01%), Pacer Advisors Inc. (0.01%) and First Hawaiian Bank (0.00%). Company insiders that own Simon Property Group stock include Daniel C Smith, David Simon, Glyn Aeppel, Herbert Simon, John Rulli, 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 Pensionfund Sabic, Pensionfund DSM Netherlands, Thompson Investment Management Inc., and Pacer Advisors Inc..
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 State of Alaska Department of Revenue, Everence Capital Management Inc., First Hawaiian Bank, NBT Bank N A NY, NuWave Investment Management LLC, Carroll Financial Associates Inc., and Liberty One Investment Management LLC. Company insiders that have bought Simon Property Group stock in the last two years include Daniel C Smith, David Simon, Glyn Aeppel, Herbert Simon, 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 $115.91.

Simon Property Group has a market capitalization of $38.08 billion and generates $5.76 billion in revenue each year. The real estate investment trust earns $2.10 billion in net income (profit) each year or $12.04 on an earnings per share basis.

Simon Property Group employs 4,500 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]