Simon Property Group, Inc. (SPG)
| Market Cap | 37.52B |
| Revenue (ttm) | 4.96B |
| Net Income (ttm) | 1.35B |
| Shares Out | 305.90M |
| EPS (ttm) | 3.59 |
| PE Ratio | 31.98 |
| Forward PE | 25.00 |
| Dividend | $6.00 |
| Dividend Yield | 5.23% |
| Trading Day | February 25 |
| Last Price | $114.82 |
| Previous Close | $119.00 |
| Change ($) | -4.18 |
| Change (%) | -3.51% |
| Day's Open | 119.85 |
| Day's Range | 113.65 - 121.31 |
| Day's Volume | 4,920,745 |
| 52-Week Range | 40.02 - 125.56 |
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 ...
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INDIANAPOLIS--(BUSINESS WIRE)--Simon Property Group Acquisition Holdings, Inc. Announces Pricing of $300,000,000 Initial Public Offering
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When we were kids, we used to play a game called "Simon says." Everyone would line up and if the leader said, "Simon says take two steps," you took two steps forward.
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While the retail REITs segment faces increasing secular challenges, Simon Property Group Inc (NYSE: SPG) has multiple drivers of earnings growth, according to Morgan Stanley. The Simon Propert...
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Authentic Brands has figured out how to bring the dead to life, not just celebrities but also brand names like Aeropostale. That's why Simon Property has good prospects.
Simon on raising its profit outlook for 2021
Simon Property Group raises its profit outlook for 2021, and Super Bowl LV viewership hit a 13-year low. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/...
Simon Property's (SPG) Q4 results reflect the pandemic's adverse impact on the company's domestic and international operations, partly mitigated by cost-reduction moves.
There's no shortage of brick-and-mortar-based retail executives who were happy to bid 2020 goodbye and turn the page on a new year. Arguably, no one is happier than Simon Property Group CEO Da...
Simon Property (SPG) delivered FFO and revenue surprises of -0.91% and -1.17%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Simon Property Group (NYSE: SPG) reported a year over year decline in its fourth-quarter profit and revenue on Monday due to the Coronavirus pandemic that continued to weigh on its business in...
Simon Property Group Inc forecast higher full-year profit on Monday as improving store traffic at brick-and-mortar retailers helped drive a rise in the largest U.S. mall owner's rent collection.
INDIANAPOLIS, Feb. 8, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter...
Retail real estate hasn't performed well during the pandemic. Could that change soon?
While efforts to support omni-channel retailing and solid balance-sheet will help Simon Property (SPG) sail, its Q4 results will likely reflect retail bankruptcies, store closings and rent-col...
It will target "the intersection of retail and technology" to transform the consumer experience.
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Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The company added, in a press re...
These dividends are high, but they have room to grow.
Simon Property Group, Inc. (NYSE:SPG) is one of the largest commercial real estate investment companies, with a market cap totaling $31.7 billion and properties across North America, Europe, a...
The commercial real estate services firm Green Street estimates so-called A-rated mall values have tumbled roughly 45% from 2016 levels.
Simon Property Group Announces Date For Its Fourth Quarter 2020 Earnings Release And Conference Call
INDIANAPOLIS, Jan. 22, 2021 /PRNewswire/ -- Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announce...
Retail-related stocks had a tough 2020, but this cheap stock should survive and thrive once the world gets past the coronavirus.
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INDIANAPOLIS, Jan. 15, 2021 /PRNewswire/ -- Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced toda...
This mall REIT has one big issue ahead of it, and how it handles it will help determine how well its business performs for years to come.
Proceeds from Simon Property's (SPG) $1.5-billion notes offering will primarily be used to repay debt due this July. By addressing near-term debt maturities, it is likely to boost financial fl...
Despite the bounce from lows, SPG still trades 50% lower than where it traded for only a few years prior. SPG has at its disposal between $5 billion and $9 billion in debt capacity available t...
INDIANAPOLIS, Jan. 11, 2021 /PRNewswire/ -- Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced toda...
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While markets are at all-time highs, a number of companies with strong balance sheets and solid cash flows continue to trade at depressed valuations. As vaccines are finally being administered...
Simon Property Group: Distortions Created By Yield Chasing
2021 could be a year in which value stocks outperform. Income potential remains a key theme for 2021 and beyond, as interest rates remain at record lows.
The retailer is appointing an interim CEO and creating a temporary group management arrangement.
J.C. Penney, now 118 years old, has, or had, a CEO who made it barely two years in the job.
J.C. Penney Co. Chief Executive Jill Soltau has been replaced by the beleaguered retailer's new owners.
The 118-year-old retail giant's new owners, Brookfield Partners and Simon Property Group, announced that they are looking for someone "focused on modern retail, the consumer experience, and th...
With Jill Soltau's exit this week, the search — not to mention the speculation — starts for her successor at one of the most high-profile, if less than appealing, jobs in retailing
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 | Country United States |
| Stock Exchange NYSE | Ticker Symbol SPG |
Financial Performance
In 2019, SPG's revenue was $5.76 billion, an increase of 1.95% compared to the previous year's $5.65 billion. Earnings were $2.10 billion, a decrease of -13.87%.
Analyst Forecasts
According to 19 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is 110.29, which is a decrease of -3.95% from the latest price.