Simon Property Group, Inc. (SPG)
Market Cap | 62.58B |
Revenue (ttm) | 5.96B |
Net Income (ttm) | 2.37B |
Shares Out | 377.04M |
EPS (ttm) | 7.26 |
PE Ratio | 22.83 |
Forward PE | 25.82 |
Dividend | $8.25 (4.98%) |
Ex-Dividend Date | Mar 10, 2025 |
Volume | 1,044,791 |
Open | 166.29 |
Previous Close | 166.12 |
Day's Range | 164.28 - 168.70 |
52-Week Range | 139.25 - 190.14 |
Beta | 1.80 |
Analysts | Buy |
Price Target | 176.00 (+6.04%) |
Earnings Date | May 5, 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 8 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is $176.0, which is an increase of 6.04% from the latest price.
News

Simon Property Group: 5.2% Dividend Yield As U.S. Recession Fears Spike
Simon Property Group offers a 5.2% dividend yield that is 148% covered by the low end of its FFO guidance range for 2025. The 15% pullback possibly presents a buying opportunity in a REIT with a fortr...

2 Dirt-Cheap Dividend Sectors With Massive Tailwinds Investors Are Ignoring
These dividend-paying sectors are priced like they're in crisis — yet fundamentals have never looked stronger. One sector offers extremely compelling combinations of yields and growth. The other secto...

Simon Property Group Announces Retirement of Allan B. Hubbard
INDIANAPOLIS , March 20, 2025 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today tha...

Buy 7 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB "Safer" dividend stocks, including Altria, Verizon, and Conagra, meet the dogcatcher ideal of dividends from $1000 invested exceeding single share prices. Analysts p...

Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends
Despite a tough week for the market, the Dividend Harvesting Portfolio declined by only -1.8%, outperforming the S&P 500's -3.27% drop. The portfolio's diversification and focus on recurring income an...

Simon Property Group: Price Drop Creates Opportunity
Simon Property Group remains an attractive investment due to its strong dividend yield, robust cash flows, and high occupancy rates, despite recent price drops. SPG's Q4 earnings show solid performanc...

3 Popular REITs To Sell Before It Is Too Late
REITs are offering a historic opportunity. But not all REITs are worth buying. I highlight 3 popular to sell.

Simon Property Group, Inc. (SPG) Citi 2025 Global Property CEO Conference (Transcript)
Simon Property Group, Inc. (NYSE:SPG) Citi 2025 Global Property CEO Conference March 3, 2025 3:35 PM ET Company Participants Brian McDade - Executive Vice President and Chief Financial Officer Confer...

Simon® to Present at Citi's 2025 Global Property CEO Conference
INDIANAPOLIS , Feb. 27, 2025 /PRNewswire/ -- Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today tha...

Simon®, Shopify and Leap Collaborate to Deliver the Ultimate Omnichannel Experience Empowering Brands Like Ring Concierge to Expand Their Footprint
INDIANAPOLIS , Feb. 25, 2025 /PRNewswire/ -- Simon ® , a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a...

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 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...

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

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...