Simon Property Group, Inc. (SPG)
| Market Cap | 40.76B |
| Revenue (ttm) | 4.49B |
| Net Income (ttm) | 1.12B |
| Shares Out | 328.50M |
| EPS (ttm) | 3.55 |
| PE Ratio | 34.93 |
| Forward PE | 28.82 |
| Dividend | $5.20 |
| Dividend Yield | 4.19% |
| Trading Day | July 23 |
| Last Price | $124.15 |
| Previous Close | $125.10 |
| Change ($) | -0.95 |
| Change (%) | -0.76% |
| Day's Open | 125.85 |
| Day's Range | 122.85 - 126.67 |
| Day's Volume | 1,364,630 |
| 52-Week Range | 55.81 - 135.23 |
Which of these retail REITs is the better fit for your portfolio now?
This REIT has more than doubled over the past year, but it is still unloved on Wall Street. That could change as dividend growth comes back.
Stifel has announced it is upgrading Simon Property Group Inc (NYSE:SPG) from Hold to Buy and raising its target price from $125 to $132. What Happened: The Indianapolis-headquartered Simon Property Gro...
Simon Property Group Announces Date For Its Second Quarter 2021 Earnings Release And Conference Call
INDIANAPOLIS, July 15, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its second quarter ...
FARGO, N.D., July 14, 2021 /PRNewswire/ -- SCHEELS , an employee-owned all sports retailer, is excited to announce its second SCHEELS location coming to Kansas.
Jim Cramer stock picks to benefit from enhanced child tax credit
CNBC's Jim Cramer breaks down why he expects Levi's, American Eagle Outfitters, Dick's Sporting Goods and Simon Property Group to receive a boost from the program.
Now that the economy is slowly getting back on its feet, there could be some really lucrative opportunities in real estate investing. One of the best ways to invest and see your income grow is by going ...
Authentic Brands, which owns retailers such as JCPenney and Forever 21, will go public with ticker symbol AUTH on the NYSE.
Simon Property's (SPG) leasing to Swiss chocolate retailer is in line with the company's strategy to boost its tenant mix and enhance shoppers' footfall at these properties.
This landlord was hit hard, but it's already showing signs of an important business upturn. If history is any guide, now is the time to act.
NEW YORK, July 7, 2021 /PRNewswire/ -- Läderach – chocolatier suisse has just announced it has signed lease agreements with Simon to open 15 new premium chocolate stores from coast-to-coast starting in ...
Despite the e-commerce headwinds in the retail industry, here's one stock to put on your radar.
Long-term investors could find tremendous value in this sector.
Final Trades: Morgan Stanley, Emerson Electric, Simon Property & more
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The shares of real estate concern Simon Property Group (SPG) have enjoyed a sunny year thus far, adding 53.9% in 2021 to hit a June 8, roughly two-year high of $136.70.
The mall industry was struggling even before the pandemic, so should investors stay away?
We now have three mall REITs that have declared bankruptcy in 2021.
Simon Property's (SPG) announcement of a dividend hike amid the resumption of the economy and improving leasing environment brings down concerns about its cash flows.
INDIANAPOLIS, June 21, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a 7.7% increase in its common s...
Within the last quarter, Simon Property Group (NYSE:SPG) has observed the following analyst ratings: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 1 1 0 Somewhat Bullish 1 2 1 1 Indiffere...
Simon Property (SPG) reported earnings 30 days ago. What's next for the stock?
There's still plenty of room to run for these businesses that also reward shareholders with juicy payouts.
A cheap price can sometimes disguise an outstanding opportunity.
The brand development and management company could seek a $10 billion valuation.
This out-of-favor REIT is already seeing business pick back up -- and it will only get better from here.
Adding more distressed retailers to its portfolio could hurt it down the road.
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The biggest mall owner made big progress in its post-pandemic recovery last quarter.
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. ...
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.
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...
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?
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.
Courtney Reagan on Simon Property Group Q1 earnings
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.
(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...
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...
The mall operator's joint venture SPARC Group enters the outdoor apparel market this time.
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...
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...
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 ...
How Biden's plan to tax real estate investors could affect the industry
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...
America's top shopping mall operator's plans to transform itself should reap dividends in the long run.
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.
The turnaround might take longer than people expect.
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...
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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 |
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%.
Analyst Forecasts
According to 19 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is 138.71, which is an increase of 11.73% from the latest price.