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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NYSE:SPG

Simon Property Group Stock Forecast, Price & News

$94.51
-0.78 (-0.82 %)
(As of 01/21/2021 12:00 AM ET)
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Today's Range
$93.70
Now: $94.51
$95.76
50-Day Range
$82.81
MA: $87.56
$95.29
52-Week Range
$42.25
Now: $94.51
$149.65
Volume2.99 million shs
Average Volume4.55 million shs
Market Capitalization$28.92 billion
P/E Ratio21.48
Dividend Yield5.46%
Beta1.51
Simon is a real estate investment trust engaged 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.
Simon Property Group logo

MarketRank

Overall MarketRank

2.43 out of 5 stars

Finance Sector

44th out of 1,942 stocks

Real Estate Investment Trusts Industry

10th out of 273 stocks

Analyst Opinion: 2.1Community Rank: 3.2Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP82880610
Phone317-636-1600
Employees4,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.76 billion
Cash Flow$11.60 per share
Book Value$8.95 per share

Profitability

Net Income$2.10 billion

Miscellaneous

Market Cap$28.92 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$94.51
-0.78 (-0.82 %)
(As of 01/21/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Simon Property Group (NYSE:SPG) Frequently Asked Questions

How has Simon Property Group's stock price been impacted by COVID-19 (Coronavirus)?

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 decreased by 6.9% and is now trading at $94.51.
View which stocks have been most impacted by COVID-19
.

Is Simon Property Group a buy right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last year. There are currently 2 sell ratings, 12 hold ratings and 4 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.
View analyst ratings for Simon Property Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Simon Property Group?

Wall Street analysts have given Simon Property Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Simon Property Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Simon Property Group's CEO?

6,978 employees have rated Simon Property Group CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Simon Property Group's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Simon Property Group's next earnings date?

Simon Property Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Simon Property Group
.

How were Simon Property Group's earnings last quarter?

Simon Property Group, Inc. (NYSE:SPG) released its quarterly earnings data on Monday, November, 9th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $2.25 by $1.77. The real estate investment trust earned $1.06 billion during the quarter, compared to analysts' expectations of $1.16 billion. Simon Property Group had a net margin of 27.22% and a return on equity of 56.28%. The firm's quarterly revenue was down 25.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.05 EPS.
View Simon Property Group's earnings history
.

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 Tuesday, December 15th. Stockholders of record on Thursday, December 24th will be paid a dividend of $1.30 per share on Friday, January 22nd. This represents a $5.20 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date is Wednesday, December 23rd.
View Simon Property Group's dividend history
.

Is Simon Property Group a good dividend stock?

Simon Property Group pays an annual dividend of $5.20 per share and currently has a dividend yield of 5.46%. 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.

How will Simon Property Group's stock buyback program work?

Simon Property Group declared that its board has authorized a share repurchase program on Tuesday, February 12th 2019, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

What price target have analysts set for SPG?

18 equities research analysts have issued 12 month target prices for Simon Property Group's shares. Their forecasts range from $49.00 to $160.00. On average, they anticipate Simon Property Group's stock price to reach $87.78 in the next twelve months. This suggests that the stock has a possible downside of 7.1%.
View analysts' price targets for Simon Property Group
or view Wall Street analyst' top-rated stocks.

Who are some of Simon Property Group's key competitors?

What other stocks do shareholders of Simon Property Group own?

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).

Who are Simon Property Group's key executives?

Simon Property Group's management team includes the following people:
  • Mr. David E. Simon, Chairman, CEO & Pres (Age 59, Pay $4.12M)
  • Mr. Brian J. McDade, Exec. VP, CFO & Treasurer (Age 42, Pay $977.46k)
  • Mr. John Rulli, Chief Admin. Officer (Age 65, Pay $1.4M)
  • Mr. Steven E. Fivel, Gen. Counsel & Sec. (Age 60, Pay $1.55M)
  • Mr. Steven K. Broadwater, Sr. VP of Financial Reporting & Operations (Age 54)
  • Mr. Stanley Shashoua, Chief Investment Officer (Age 50)
  • Mr. Adam J. Reuille, Sr. VP & Chief Accounting Officer (Age 46)
  • Mr. Thomas Ward, Sr. VP of Investor Relations (Age 52)
  • Ali Slocum, VP of PR
  • Mr. Mikael Thygesen, Chief Marketing Officer & Pres of Simon Brand Ventures

What is Simon Property Group's stock symbol?

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

Who are Simon Property Group's major shareholders?

Simon Property Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.07%), State of Alaska Department of Revenue (0.05%), Darrell & King LLC (0.04%), FWL Investment Management LLC (0.02%), Thompson Investment Management Inc. (0.02%) and DNB Asset Management AS (0.01%). Company insiders that own Simon Property Group stock include David Simon, Glyn Aeppel, Herbert Simon, John Rulli, Larry C Glasscock and Reuben S Leibowitz.
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 MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, Pacer Advisors Inc., Cullinan Associates Inc., Brookstone Capital Management, HGK Asset Management Inc., TAP Consulting LLC, Capital Investment Advisors LLC, and First Hawaiian Bank.
View insider buying and selling activity for Simon Property Group
or view top insider-selling stocks.

Which major investors are buying Simon Property Group stock?

SPG stock was bought by a variety of institutional investors in the last quarter, including Darrell & King LLC, FWL Investment Management LLC, State of Alaska Department of Revenue, Douglas Lane & Associates LLC, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Sound Income Strategies LLC, and Radnor Capital Management LLC. Company insiders that have bought Simon Property Group stock in the last two years include 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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Simon Property Group's stock price today?

One share of SPG stock can currently be purchased for approximately $94.51.

How big of a company is Simon Property Group?

Simon Property Group has a market capitalization of $28.92 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.

What is Simon Property Group's official website?

The official website for Simon Property Group is 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]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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