Simon Property Group, Inc. (SPG)
| Market Cap | 69.28B |
| Revenue (ttm) | 5.96B |
| Net Income (ttm) | 2.37B |
| Shares Out | 377.04M |
| EPS (ttm) | 7.26 |
| PE Ratio | 25.31 |
| Forward PE | 28.57 |
| Dividend | $8.25 (4.49%) |
| Ex-Dividend Date | Mar 10, 2025 |
| Volume | 612,771 |
| Open | 186.20 |
| Previous Close | 186.71 |
| Day's Range | 181.78 - 187.50 |
| 52-Week Range | 139.25 - 188.14 |
| Beta | 1.77 |
| Analysts | Buy |
| Price Target | 172.56 (-6.08%) |
| Earnings Date | Feb 4, 2025 |
About SPG
Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (“REIT”). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of ma... [Read more]
Financial Performance
In 2024, Simon Property Group's revenue was $5.96 billion, an increase of 5.39% compared to the previous year's $5.66 billion. Earnings were $2.37 billion, an increase of 3.85%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is $172.56, which is a decrease of -6.08% from the latest price.
News
Buy 5 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Simon® Announces Upcoming Transformation of Smith Haven Mall
LAKE GROVE, N.Y. , Feb. 10, 2025 /PRNewswire/ -- Simon ® , a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announce...
Simon (Properties) Says: Moats Matter (Rating Upgrade)
Simon Property Group is a "wide moat" REIT with a strong global footprint, owning 250 properties and leasing to over 3,000 market-leading brands. SPG boasts a fortress A-rated balance sheet, with $10 ...
Simon Property Group: I'm Betting On Robust Growth
Simon Property Group delivered strong Q4 results with record FFO, high occupancy rates, and robust leasing activity, highlighting its solid portfolio fundamentals. Strategic acquisitions, redevelopmen...
Simon Property Group Announces Retirement of Herbert Simon
INDIANAPOLIS , Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of Simon Property Group, Inc. (NYSE: SPG) today announced that Herbert Simon Chairman Emeritus of the Board of Directors has retired ...
Simon Property Group: The Mall Isn't Dead After Strong Earnings And Continued Dividend Increases
Simon Property Group delivered a top-line beat of $170 million and increased its quarterly dividend, showcasing strong performance in a post-pandemic environment. SPG's occupancy rates and base minimu...
Simon Property Group: Digital Ad Campaign Boosts Activity at Malls
Activity at malls is getting a boost from a digital advertising campaign and may get an additional push from a potential change to U.S. tariff laws, Simon Property Group Chairman, CEO and President Da...
Simon Property Group, Inc. (SPG) Q4 2024 Earnings Call Transcript
Simon Property Group, Inc. (NYSE:SPG) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Thomas Ward - Senior Vice President, Investor Relations David Simon - Chairman,...
Simon® Reports Fourth Quarter and Full Year 2024 Results
INDIANAPOLIS, Feb. 4, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported result...
World's First Holographic 3D Ad Network Launches at Simon Malls Nationwide
Exclusive partnership between Hologram Media Network and Proto brings cutting-edge 3D holograms to 30 premium locations, redefining interactive advertising Exclusive partnership between Hologram Media...
The Ten Commandments Of REIT Investing
The Chilton REIT Strategy, founded by Bruce Garrison, has achieved an annualized total return of +9.3% gross of fees over 20 years. Successful REITs are characterized by strong management, a focused s...
Kering: Press release - Kering and Simon announce the sale of The Mall Luxury Outlets
Press release_Kering and Simon announce the sale of The Mall Luxury Outlets 30 01 25
Kering and Simon® Announce The Completion Of The Sale Of 'The Mall Luxury Outlets'
INDIANAPOLIS and PARIS , Jan. 30, 2025 /PRNewswire/ --Kering and Simon ® today announced the finalization of the sale of 100% of The Mall Luxury Outlets entities held by Kering to Simon, the US real e...
Dividend Harvesting Portfolio Week 204: $20,400 Allocated, $1,963.80 In Projected Dividends
The Dividend Harvesting Portfolio has grown to $25,924.57 with a 27.08% return on invested capital and is on track to exceed $2,000 in forward dividend income soon. Recent additions include BP, Verizo...
Forget The Fed: A 3-Fund Portfolio That Likely Wins No Matter What
The Federal Reserve's path forward on interest rates remains highly uncertain. Interest rates have a huge impact on the importance of many high-yielding stocks. I share a 3-fund portfolio that should ...
Tomorrow's Stars on Stage Today at Simon® Malls
Simon ® teams up with music industry luminaries Randy Jackson and Paula Moore to bring music industry access and emerging artists to perform at Simon malls across the U.S. INDIANAPOLIS , Jan. 29, 202...
Simon® to Bring New Premium Outlets® to Metro Nashville
Construction expected to begin in 2026; Nashville Premium Outlets will become Simon's third investment in the area INDIANAPOLIS , Jan. 29, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust...
How The 'Smart Money' Is Investing In REITs Right Now
Passive investors commonly outperform active investors. REITs are an exception in which active strategies outperform. Here is what some of the world's best REIT investors are today buying.
Simon Property Group Announces Reporting Information For 2024 Distributions
INDIANAPOLIS , Jan. 21, 2025 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced 2024...
Simon® Announces Date For Its Fourth Quarter 2024 Earnings Release And Conference Call
INDIANAPOLIS , Jan. 15, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced de...
Dividend Harvesting Portfolio Week 201: $20,100 Allocated, $1,932.03 In Projected Dividends
Dividend Harvesting Portfolio Week 201: $20,100 Allocated, $1,932.03 In Projected Dividends
Buy 6 'Safer' Dividend Dogs Of 23 January Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB Dogs, including Altria, Pfizer, and Verizon, are ready to buy, with dividends from $1K invested exceeding single share prices. Analysts project 16.27% to 32.98% net ...
