Simon Property Group, Inc. (SPG)
Market Cap | 48.33B |
Revenue (ttm) | 5.53B |
Net Income (ttm) | 2.21B |
Shares Out | 375.18M |
EPS (ttm) | 6.75 |
PE Ratio | 19.08 |
Forward PE | 19.68 |
Dividend | $7.60 (5.90%) |
Ex-Dividend Date | Dec 7, 2023 |
Volume | 1,830,801 |
Open | 125.04 |
Previous Close | 124.89 |
Day's Range | 124.64 - 128.91 |
52-Week Range | 100.17 - 133.08 |
Beta | 1.61 |
Analysts | Buy |
Price Target | 127.73 (-0.85%) |
Earnings Date | Oct 30, 2023 |
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 2022, SPG's revenue was $5.29 billion, an increase of 3.41% compared to the previous year's $5.12 billion. Earnings were $2.14 billion, a decrease of -4.90%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is $127.73, which is a decrease of -0.85% from the latest price.
News

Simon® to Present at the Goldman Sachs 2023 U.S. Financial Services Conference
INDIANAPOLIS , Nov. 30, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that...

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Now that the volatility index (VIX) has dipped below 15%, markets are calm; finding momentum and good trading opportunities may seem like finding a needle in a haystack. However, one can be your savio...

Kohl's, Simon Property and Klarna Sprinkle AI Magic to Boost Holiday Spend
The addition of artificial intelligence (AI) is proving to be a holiday miracle for brands, retailers and even payment providers, reshaping the way they connect with consumers.

Simon® Takes Holiday Shopping to a New Level Thanks to AI
First-of-its-kind experience to launch in New York and Los Angeles INDIANAPOLIS , Nov. 16, 2023 /PRNewswire/ -- To help shoppers instantly find the perfect present this holiday season, Simon® , a glob...

Simon Property Group Announces Offering Of Euro-Denominated Bonds Exchangeable Into Shares Of Klépierre S.A.
INDIANAPOLIS , Nov. 7, 2023 /PRNewswire/ -- Simon®, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced that its wholly-owned subsidiary, Simon Globa...

Simon Property Group Sells $1 Billion of Senior Notes
INDIANAPOLIS , Nov. 6, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that ...

Simon® Properties Closed Thanksgiving Day
INDIANAPOLIS , Nov. 1, 2023 /PRNewswire/ -- Simon ® announced today it will not open most domestic properties on Thanksgiving Day. Simon properties will reopen on Black Friday.

Simon Property Group Thrives With Strong Tenant Sales Growth and Tourism Rebound
In the realm of property leasing, Simon Property Group, the largest mall owner and developer in the U.S., is seeing growth in tenant sales, particularly in its tourism-centric properties, including bo...

Simon® Reports Third Quarter 2023 Results and Increases Full Year 2023 Guidance
INDIANAPOLIS , Oct. 30, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported resul...
Simon Property is a 'buy': Morgan Stanley's Ronald Kamdem
Ronald Kamdem, Morgan Stanley REIT analyst, joins 'The Exchange' to discuss the state of New York City's commercial real estate, investing opportunities in the broader market, and more.

Simon Property Group's 7.2% Dividend Has Insiders Buying In Bulk
People often forget that, despite the presence of trading bots and algorithms, the majority of the market is comprised of people with one common goal: to make the bottom number bigger. There is one ot...

Now Open: TYR Sport Unveils First-Ever Retail Location at Roosevelt Field
Dive into a World of Cutting-edge Footwear & Fitness Apparel at Long Island's Largest Retail Destination GARDEN CITY, N.Y. , Oct. 20, 2023 /PRNewswire/ -- TYR Sport is thrilled to announce the grand o...

The mall is not dead: buy Simon Property Group stock for its 7% yield
The Simon Property Group (NYSE: SPG) stock price has moved sideways in 2023 as concerns about high-interest rates and the upcoming wall of maturities. The stock has dropped by about 7.23% this year an...

Simon® Announces its 2023 "Shop with Purpose" Campaign to Benefit Susan G. Komen®
INDIANAPOLIS , Oct. 3, 2023 /PRNewswire/ -- Simon® , a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced its fall campaign to support Susan G. Komen ...

Simon® Earns GRESB Green Star
INDIANAPOLIS , Oct. 2, 2023 /PRNewswire/ -- Simon ® announced today it has received a four-star rating as a leading retail real estate company for its sustainability practices by The Global Real Estat...
Three-Stock Lunch: Simon Property, Paccar Inc, and Kroger
David Trainer, New Constructs CEO, joins 'Power Lunch' to discuss his investing take on three stocks: Simon Property, Paccar Inc, and Kroger.

Cardless Unveils Enhanced Simon Card with 5% Cash Back at Every Store At Simon Centers
The Simon® American Express® Credit Card will now begin offering 5% cash back on all purchases made at Simon centers alongside 1% cash back on purchases made elsewhere. SAN FRANCISCO , Sept.

Simon® Announces Date For Its Third Quarter 2023 Earnings Release And Conference Call
INDIANAPOLIS , Sept. 28, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced det...

Simon® to Present at BofA Securities 2023 Global Real Estate Conference
INDIANAPOLIS , Sept. 7, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that...

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The Falls Debuts Miami's First-Of-Its-Kind, 120,000-Square-Foot Life Time Athletic Country Club on August 4
Simon's premier shopping center now home to the ultimate in health and wellness with outdoor beach club, salt water pools, indoor pickleball and fitness spaces, kids academy, cafe, spa and more MIAMI ...

Simon® Reports Second Quarter 2023 Results and Increases Full Year 2023 Guidance and Raises Quarterly Dividend
INDIANAPOLIS, Aug. 2, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported result...

Simon® Announces Time Change For Its Second Quarter 2023 Earnings Conference Call
INDIANAPOLIS , July 20, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced revi...

Simon® Announces Date For Its Second Quarter 2023 Earnings Release And Conference Call
INDIANAPOLIS , July 14, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced det...

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