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Simon Property Group, Inc. (SPG)

Stock Price: $122.84 USD 0.60 (0.49%)
Updated May 18, 2021 2:25 PM EDT - Market open
Market Cap 40.14B
Revenue (ttm) 4.49B
Net Income (ttm) 1.12B
Shares Out 328.50M
EPS (ttm) 3.55
PE Ratio 34.56
Forward PE 28.65
Dividend $5.20
Dividend Yield 4.23%
Trading Day May 18
Last Price $122.84
Previous Close $122.24
Change ($) 0.60
Change (%) 0.49%
Day's Open 122.01
Day's Range 120.72 - 123.69
Day's Volume 1,806,007
52-Week Range 50.48 - 128.25

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Final Trades: AT&T, Simon Property Group, Unity Software & more

YouTube video

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: T, U
53 minutes ago - CNBC Television

The biggest mall owner made big progress in its post-pandemic recovery last quarter.

6 days ago - The Motley Fool

The country's largest mall owner said the improving domestic economy is driving an increase in shopper sentiment and improving foot traffic and sales across its global commercial real estate portfolio. ...

1 week ago - PYMNTS

Simon Property's (SPG) Q1 results reflect better-than-expected top-line growth. With an improving operating environment, the retail REIT also raised the 2021 FFO per share outlook.

1 week ago - Zacks Investment Research

It was a far more upbeat tone in an earnings report than has been heard in some time out of the nation's largest mall owner, Simon Property Group, as shoppers have reportedly started to return to physic...

1 week ago - PYMNTS

Simon Property (SPG) delivered FFO and revenue surprises of 10.22% and 8.10%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Mall owner Simon Property says shoppers are getting back to malls, but that it's hard to predict what traffic trends are going to look like one year from now.

1 week ago - CNBC

Courtney Reagan on Simon Property Group Q1 earnings

YouTube video

Courtney Reagan joins "Closing Bell" to discuss Simon Property Group's first quarter earnings. As of March 31, the mall operator had 90.8 percent occupancy levels.

1 week ago - CNBC Television

(Reuters) -Simon Property Group Inc reported an 8.4% drop in quarterly revenue on Monday, as the largest U.S. mall owner collected less rent from tenants who are still dealing with the effects of the CO...

1 week ago - Reuters

INDIANAPOLIS, May 10, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended Mar...

1 week ago - PRNewsWire

The mall operator's joint venture SPARC Group enters the outdoor apparel market this time.

1 week ago - The Motley Fool

Eddie Bauer, the 100-year-old outdoor sportswear retailer, will become the sixth retail brand added to the stable of SPARC Group, a four-year-old joint venture between mall owner Simon Property Group an...

1 week ago - PYMNTS

Top U.S. mall owner Simon Property Group Inc and Authentic Brands Group LLC have agreed to buy Eddie Bauer, adding the outdoor gear and apparel retailer to a brand marquee housing Aéropostale, Forever 2...

1 week ago - Reuters

While efforts to support omni-channel retailing and solid balance-sheet will help Simon Property (SPG) sail through, its Q1 results might reflect retail bankruptcies, store closings and rent-collection ...

1 week ago - Zacks Investment Research

How Biden's plan to tax real estate investors could affect the industry

YouTube video

Spencer Rascoff, Pacaso co-founder and former Zillow Group CEO, joins 'Squawk on the Street' to discuss Biden's proposed tax hike on real estate investors and what it could mean for the real estate indu...

Other stocks mentioned: AMT, DLR, PSA, STAG
2 weeks ago - CNBC Television

America's top shopping mall operator's plans to transform itself should reap dividends in the long run.

2 weeks ago - The Motley Fool

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned real estate companies have outperformed the S&P 500 Index over the past 12 months through April 29.

Other stocks mentioned: CBRE, CSGP, WELL, WY
2 weeks ago - GuruFocus

The turnaround might take longer than people expect.

2 weeks ago - The Motley Fool

Evercore ISI has upgraded its rating of Simon Property Group Inc (NYSE: SPG) from an Inline rating to an Outperform, with a price target upgraded from $112 to $128. Simon Says And Does: The Indianapolis...

3 weeks ago - Benzinga

These 7 stocks to buy should benefit from a reopening economy as people return to their old leisure activities. The post 7 Stocks That Will Benefit From Pent-Up Demand appeared first on InvestorPlace.

Other stocks mentioned: AMC, CCL, DIS, LUV, LYV, MGM
3 weeks ago - InvestorPlace

On the hunt for bargains? Here's how these three stocks can add muscle to your portfolio.

Other stocks mentioned: JD, TLRY
3 weeks ago - The Motley Fool

INDIANAPOLIS, April 22, 2021 /PRNewswire/ -- As part of its ongoing sustainability efforts, and in recognition of Earth Day, Simon encourages shoppers and retailers to reduce carbon emissions related to...

3 weeks ago - PRNewsWire

INDIANAPOLIS, April 22, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its first quarter ...

3 weeks ago - PRNewsWire

Owning your rent-paying tenants isn't a solution if those tenants are part of an industry that's fighting for its very survival.

1 month ago - The Motley Fool

INDIANAPOLIS--(BUSINESS WIRE)--Simon Property Group Acquisition Holdings, Inc. (the “Company”) announced that commencing April 12, 2021, holders of the units sold in the Company's initial public offerin...

1 month ago - Business Wire

After a six-week stretch of volatility, all the gauges look set to climb higher. Let's look at seven stocks to buy for April.

Other stocks mentioned: CAT, CHPT, DIS, DRI, FB, STT
1 month ago - InvestorPlace

J.C. Penney Co Inc said on Thursday it has agreed to transfer its pension obligations to annuities provider Athene Holding Ltd, ensuring that the U.S. department store chain's retired employees will con...

Other stocks mentioned: BPY, JCPNQ
1 month ago - Reuters

INDIANAPOLIS, March 30, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a common stock dividend for th...

1 month ago - PRNewsWire

Final Trades: Facebook, Las Vegas Sands, Simon Property Group & more

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The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: LVS, ATKR, FB
1 month ago - CNBC Television

When it comes to your retirement, these stocks have some qualities that investors should typically look for, but they have some less attractive qualities as well. The post 7 Stocks That You Should Leave...

Other stocks mentioned: DRI, FRT, HOG, NLSN, NOV, XRX
1 month ago - InvestorPlace

Not all SPACs will turn out to be good investments, but here's where I've put my own money.

Other stocks mentioned: IPOD, IPOE, IPOF, OPEN, PSTH, SPCE, TSIA
1 month ago - The Motley Fool

Although retail stocks are experiencing a rebound off the recovery narrative, some face longer-term relevancy challenges. The post 7 Retail Stocks That Are in Danger of Becoming the Next Sears appeared ...

Other stocks mentioned: CNK, M, SKT, TJX, ULTA, VRM
1 month ago - InvestorPlace

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--The Taubman Company LLC (“Taubman”) today announced that Michele Walton has been promoted to senior vice president, general counsel reporting to Chairman and Ch...

1 month ago - Business Wire

This mall REIT's shares are rebounding in 2021. Here's why Simon can keep the turnaround going.

2 months ago - The Motley Fool

INDIANAPOLIS, March 16, 2021 /PRNewswire/ -- Simon Property Group, Inc., a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations (the "Company"), today ann...

2 months ago - PRNewsWire

3 Retail REIT Stocks Set to Escape Pandemic-Led Industry Weakness

Other stocks mentioned: ADC, UBA
2 months ago - Zacks Investment Research

Although the SPAC space is getting crowded, this retail giant could have a unique advantage.

2 months ago - The Motley Fool

Final Trades: General Motors, Ford, American Water & more

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The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: AWK, F, GM, YY
2 months ago - CNBC Television

Simon Property (SPG) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

We kick off our SPAC series with a soon-to-be public fintech.

Other stocks mentioned: DKNG, DLR, FTOC, SVAC
2 months ago - The Motley Fool

Here's one new SPAC that has some interesting possibilities.

2 months ago - The Motley Fool

This week I'm featuring three stocks from my “See Through the Dip” series that recently reported earnings.

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2 months ago - Forbes

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--The Taubman Company LLC today announced that William S. Taubman has been promoted to president of the company and will also retain his role as chief operating o...

2 months ago - Business Wire

We've seen some mall operators go bankrupt during the pandemic, but don't think all malls are in trouble.

2 months ago - The Motley Fool

The retail sector has been struggling, and the coronavirus made it worse. But don't count retail landlords out just yet.

Other stocks mentioned: FRT, NNN
2 months ago - The Motley Fool

E-commerce is a legitimate concern for retail businesses, but this mall operator is in a league of its own.

2 months ago - The Motley Fool

The SPAC boom is showing no signs of slowing down, and real estate is one of the popular SPAC target sectors.

2 months ago - The Motley Fool

What do retail REITs have to do to compete with e-commerce disruptors?

Other stocks mentioned: SKT
2 months ago - The Motley Fool

INDIANAPOLIS--(BUSINESS WIRE)--Simon Property Group Acquisition Holdings, Inc. Completes $345 Million Initial Public offering

2 months ago - Business Wire

During the 1998 Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) meeting, Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) were asked a question about the return on equity of America...

Other stocks mentioned: MAC
2 months ago - GuruFocus

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.

Industry
REIT-Retail
IPO Date
Dec 13, 1993
CEO
David Simon
Employees
2,400
Stock Exchange
NYSE
Ticker Symbol
SPG
Full Company Profile

Financial Performance

In 2020, SPG's revenue was $4.61 billion, a decrease of -19.94% compared to the previous year's $5.76 billion. Earnings were $1.11 billion, a decrease of -47.06%.

Financial Statements

Analyst Forecasts

According to 19 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is 125.19, which is an increase of 1.91% from the latest price.

Price Target
$125.19
(1.91% upside)
Analyst Consensus: Buy