Simon Property Group, Inc. (SPG)
| Market Cap | 64.43B |
| Revenue (ttm) | 5.91B |
| Net Income (ttm) | 2.45B |
| Shares Out | 375.47M |
| EPS (ttm) | 7.51 |
| PE Ratio | 22.86 |
| Forward PE | 26.91 |
| Dividend | $8.40 (4.90%) |
| Ex-Dividend Date | Dec 9, 2024 |
| Volume | 2,114,161 |
| Open | 171.06 |
| Previous Close | 169.26 |
| Day's Range | 170.33 - 174.13 |
| 52-Week Range | 135.15 - 186.00 |
| Beta | 1.78 |
| Analysts | Buy |
| Price Target | 168.40 (-1.87%) |
| Earnings Date | Feb 3, 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 2023, Simon Property Group's revenue was $5.66 billion, an increase of 6.94% compared to the previous year's $5.29 billion. Earnings were $2.28 billion, an increase of 6.72%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is $168.4, which is a decrease of -1.87% from the latest price.
News
Simon Property Group: Still An Opportunistic Buy For Long-Term Investors
Simon Property Group's strong fundamentals, frequent dividend increases, and high-quality property locations in affluent areas support a buy rating with potential upside over the next 12-24 months. De...
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Simon® to Present at the Goldman Sachs 2024 U.S. Financial Services Conference
INDIANAPOLIS , Dec. 9, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that ...
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
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 Property Group Remains A Valuable Investment
Simon Property Group, Inc., a leading American REIT, boasts a market capitalization of nearly $60 billion and a yield of almost 5%. Despite initial setbacks from COVID-19, SPG's share price has reboun...
Simon® Reports 6.4% Portfolio Traffic Increase on Black Friday Weekend, with a 7.1% gain reported at Simon's Malls nationwide
Preliminary data indicates strong traffic across Simon's Malls, Premium Outlets and Mills centers for the first holiday shopping weekend of the season INDIANAPOLIS , Dec. 2, 2024 /PRNewswire/ -- Simon...
Simon: Your One-Stop Shop for the Holidays
From hot holiday deals to visiting Santa, Simon invites shoppers to "Meet Me @themall™" and make memories across generations this season INDIANAPOLIS , Nov. 29, 2024 /PRNewswire/ -- Simon®, a real est...
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Sky Real Estate Acquires Osage Beach Outlet Marketplace
OSAGE BEACH, Mo. , Nov. 22, 2024 /PRNewswire/ -- Sky Real Estate is excited to announce its acquisition of the Osage Beach Outlet Marketplace from a subsidiary of Simon Property Group, Inc (NYSE: SPG)...
Realty Income Vs. Simon Property Group: Graham's Wisdom Favors Realty Income
I'm puzzled/alarmed by the yield spread between AAA bonds and Treasury rates, currently near a record thin level in at least 10 years. In confusing times, I always go back to timeless principles. This...
EPR Properties: The Simon Property Group Effect
EPR Properties remains a buy due to its attractive valuation, solid fundamentals, and focus on experiential assets despite recent share price declines. EPR's strategic shift from theaters to experient...
Dividend Harvesting Portfolio Week 193: $19,300 Allocated, $1,844.97 In Projected Dividends
The Dividend Harvesting Portfolio rebounded strongly post-election, with profitability increasing by $688.50, resulting in a 27.13% return on invested capital. I added to positions in Realty Income, S...
Simon Property Group Is Still Undervalued
Simon Property Group is trading at a discount despite improved fundamentals, making it an attractive investment opportunity with strong earnings growth potential. Malls are regaining popularity, espec...
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
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 Property Group: A High-Yield Value Gem In A Resilient Market
Simon Property Group remains an attractive choice for its high yield and total return potential. It's seeing respectable Portfolio NOI growth, along with increasing occupancy and sales per square foot...
Simon Property Group: Inexpensive And Still Increasing The Dividend Yielding Around 5%
Simon Property Group continues to increase its occupancy levels and has exceeded 95% for the past 5 quarters. SPG finished signing 1,200 leases in Q3 bringing their total to around 3,900 in the first ...
Simon Property Group, Inc. (SPG) Q3 2024 Earnings Call Transcript
Simon Property Group, Inc. (NYSE:SPG) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Tom Ward - Senior Vice President, Investor Relations David Simon - Chairman, P...
Simon® Reports Third Quarter 2024 Results, Affirms Full Year 2024 Guidance and Raises Quarterly Dividend
INDIANAPOLIS , Nov. 1, 2024 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported resu...
Dividend Harvesting Portfolio Week 191: $19,100 Allocated, $1,807.09 In Projected Dividends
Earning season is crucial, with big tech companies like Microsoft, Apple, Meta, Alphabet, and Amazon reporting, potentially driving the market higher. The Dividend Harvesting Portfolio saw a healthy r...
Simon® Announces Updated Date and Time For Its Third Quarter 2024 Earnings Conference Call
INDIANAPOLIS , Oct. 25, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced revi...
Simon Property Group: The Rebirth Of Malls Is Experiential
Simon Property Group remains a buy due to strong occupancy, robust financials, and a well-supported dividend yield of 4.7%. SPG's diverse portfolio and strategic investments in experiential properties...
Dividend Harvesting Portfolio Week 189: $18,900 Allocated, $1,775.79 In Projected Dividends
The markets had a strong week with the S&P 500 and Nasdaq reaching new highs, driven by declining inflation and stable factory gate prices. The Dividend Harvesting Portfolio hit an all-time high in va...
3 High-Yield Stocks to Lock in Steady Income This Quarter
Now that the stock market is going into a new trend and cycle, sparked by the recent Federal Reserve (the Fed) interest rate cuts initiating a potential money shift over the next few quarters, investo...
Dwindling Buying Opportunities? 2 Inexpensive Stocks With Further Upside Potential In An Expensive Market
The ongoing bull market and potential for lower interest rates make high-quality, dividend-paying REITs like Simon Property Group and Realty Income attractive investments. Despite recent price appreci...
8 Dividend Stocks On My Buy List As Inflation Keeps Dropping
Disinflationary trends persist, with CPI showing a steady decline, despite media drama over slightly higher-than-expected figures; energy stocks remain attractive for long-term investors. Realty Incom...