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 twelve months. 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 saw a decrease in short interest in June. As of June 30th, there was short interest totaling 1,600 shares, a decrease of 100.0% from the June 15th total of 13,680,000 shares. Based on an average daily trading volume, of 2,460,000 shares, the days-to-cover ratio is currently 0.0 days.
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Simon Property Group is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Simon Property Group.

Simon Property Group will be holding an earnings conference call on Monday, August 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "7455849".

Simon Property Group, Inc. (NYSE:SPG) posted its quarterly earnings data on Monday, May, 10th. The real estate investment trust reported $1.36 EPS for the quarter, missing the consensus estimate of $2.25 by $0.89. The real estate investment trust had revenue of $1.24 billion for the quarter. Simon Property Group had a trailing twelve-month return on equity of 40.13% and a net margin of 24.94%. Simon Property Group's revenue was down 8.4% on a year-over-year basis. During the same period in the prior year, the company earned $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 shares have increased by 24.7% and is now trading at $126.52.
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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 yield of 4.43%. The ex-dividend date is Thursday, July 1st. This is an increase 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 $5.60 per share and currently has a dividend yield of 4.45%. 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 61.47%. 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 54.42% 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 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 analysts have issued 12 month price objectives for Simon Property Group's shares. Their forecasts range from $80.00 to $150.00. On average, they anticipate Simon Property Group's share price to reach $130.53 in the next year. This suggests a possible upside of 3.2% from the stock's current price.
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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), The Macerich (MAC), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Acadia Realty Trust (AKR), Tanger Factory Outlet Centers (SKT), Kite Realty Group Trust (KRG), 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 a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.06%), Oregon Public Employees Retirement Fund (0.03%), TCW Group Inc. (0.03%), TIAA FSB (0.02%), Usca Ria LLC (0.01%) and IFM Investors Pty Ltd (0.01%). 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, Marta R Stewart 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 Financial Sense Advisors Inc., TIAA FSB, TCW Group Inc., Teamwork Financial Advisors LLC, Oregon Public Employees Retirement Fund, Financial Management Network Inc., JLP Asset Management LLC, and Camelot Portfolios LLC.
View insider buying and selling activity for Simon Property Group or view top insider-selling stocks.

SPG stock was acquired by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, Brookstone Capital Management, State of Alaska Department of Revenue, Sound Income Strategies LLC, IFM Investors Pty Ltd, Usca Ria LLC, Vancity Investment Management Ltd, and New Mexico Educational Retirement Board. 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, Marta R Stewart, 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 $126.52.

Simon Property Group has a market capitalization of $41.57 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 3,300 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]