Simon Property Group, Inc. (SPG)
| Market Cap | 42.74B |
| Revenue (ttm) | 5.20B |
| Net Income (ttm) | 2.11B |
| Shares Out | 374.67M |
| EPS (ttm) | 6.56 |
| PE Ratio | 17.39 |
| Forward PE | 18.25 |
| Dividend | $6.50 (5.70%) |
| Ex-Dividend Date | Sep 8, 2022 |
| Volume | 1,801,450 |
| Open | 112.77 |
| Previous Close | 111.38 |
| Day's Range | 112.70 - 114.81 |
| 52-Week Range | 93.06 - 171.12 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 132.06 (+15.8%) |
| Earnings Date | Aug 1, 2022 |
About SPG
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. [Read more...]
Financial Performance
In 2021, SPG's revenue was $5.12 billion, an increase of 11.05% compared to the previous year's $4.61 billion. Earnings were $2.25 billion, an increase of 102.20%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is 132.06, which is an increase of 15.77% from the latest price.
News
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Simon Property (SPG) Q2 FFO Beats, View Up, Dividend Hiked
Simon Property's (SPG) Q2 results reflect healthy operating performance and year-over-year improvement in occupancy levels. This retail REIT also raises its 2022 FFO per share outlook and dividend.
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Retailers in the U.S. have announced 4,432 store openings so far this year, compared with 1,954 store closings, according to data from Coresight Research.
Simon Property (SPG) Q2 FFO Beat Estimates
Simon Property (SPG) delivered FFO and revenue surprises of 1.72% and 1.33%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Simon® Reports Second Quarter 2022 Results and Increases Full Year 2022 Guidance and Raises Quarterly Dividend
INDIANAPOLIS, Aug. 1, 2022 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results f...
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Simon® Announces New, Innovative Product Search Platform
INDIANAPOLIS , June 21, 2022 /PRNewswire/ -- Simon® is pleased to announce the launch of Simon Search™, a new and innovative search platform designed to enhance the shopping experience by giving shopper...
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