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Simon Property Group, Inc. (SPG)

NYSE: SPG · IEX Real-Time Price · USD
144.50
-0.64 (-0.44%)
After-hours:Oct 22, 2021 7:55 PM EDT
145.14
1.18 (0.82%)
At close: Oct 22, 4:00 PM
Market Cap47.50B
Revenue (ttm)4.69B
Net Income (ttm)1.48B
Shares Out328.54M
EPS (ttm)4.63
PE Ratio31.36
Forward PE25.77
Dividend$5.30 (3.65%)
Ex-Dividend DateSep 8, 2021
Volume1,217,822
Open144.78
Previous Close143.96
Day's Range144.00 - 145.60
52-Week Range56.52 - 145.60
Beta1.52
AnalystsBuy
Price Target151.50 (+4.4%)
Est. Earnings DateNov 1, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateDec 13, 1993
CEODavid Simon
Employees2,400
Stock ExchangeNYSE
Ticker SymbolSPG
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 Forecast

According to 19 analysts, the average rating for SPG stock is "Buy." The 12-month stock price forecast is 151.50, which is an increase of 4.38% from the latest price.

Price Target
$151.50
(4.38% upside)
Analyst Consensus: Buy

News

Klarna CEO on buy now pay later model and partnership with Simon Property Group

This segment originally aired on October 12, 2021. Klarna CEO Sebastian Siemiatkowski joins Yahoo Finance Live to discuss the company's latest partnership with Simon Property Group, as well as the futur...

5 days ago - Yahoo Finance

Simon Property Group Announces Date for its Third Quarter 2021 Earnings Release and Conference Call

INDIANAPOLIS, Oct. 15, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its third quarter 2...

1 week ago - PRNewsWire

3 Stocks to Watch If the Market Crashes

These retail REITs will tumble along with the market, but they have proven resilient, and that means a downturn is a buying opportunity.

Other symbols:FRTSTOR
1 week ago - The Motley Fool

Better REIT: Retail Opportunity Investments vs. Simon Property Group

These two REITs look similar, but comparing them side-by-side might not be the best route to go.

Other symbols:ROIC
2 weeks ago - The Motley Fool

This Value Stock Could Crush Expectations

Simon Property Group is still well off its 2016 high-water mark, but it is executing well and could outperform this holiday season.

2 weeks ago - The Motley Fool

Klarna and Simon Property Group Team on National BNPL Initiative

Buy now, pay later (BNPL) platform Klarna and Simon Property Group on Wednesday (Oct. 6) announced a national alliance and multi-year partnership that gives Simon shoppers access to Klarna's in-store pa...

2 weeks ago - PYMNTS

Klarna And Simon Enter Into New Partnership To Drive Traffic To Malls

Simon, the largest shopping center owner and operator in the U.S., and Klarna, which offers payment plans, social shopping and finance to consumers, today announced a strategic national multi-year allia...

2 weeks ago - Forbes

Final Trades: Netflix, Best Buy, Simon Property Group & more

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

Other symbols:BBYNFLX
3 weeks ago - CNBC Television

5 Top High-Yield Dividend Stocks to Buy Heading Into Q4

From the rise in bond yields, budget slowdown and dent in consumer confidence, things are looking volatile for stocks heading into Q4. This calls for investing in dividend stocks like Chemours (CC) & Ha...

Other symbols:AMNBCCHBIKMI
3 weeks ago - Zacks Investment Research

5 Top Dividend Payers of the S&P 500

Looking for dividends? This list of S&P 500 names offers a great combination of yield and dividend growth potential.

Other symbols:CVXDKKMI
3 weeks ago - The Motley Fool

Authentic Brands Is the Most Fascinating IPO of the Year

Expect Shaquille O'Neal to ring the bell when Authentic Brands goes public this fall to become AUTH stock. Then expect to be entertained.

Other symbols:DNUTPINSPZZA
1 month ago - InvestorPlace

Macy's just got an upgrade, but there's a better way to play department stores, trader says

Mall owner Simon Property Group is a high-yielding, under-the-radar way to benefit from greater retail spending, says Tocqueville's John Petrides.

1 month ago - CNBC

Shares Of Simon Property Group Inc. (SPG) Exceed 52-Week High

Simon Property Group Inc . (NYSE: SPG) traded at a new 52-week high today of $137.15.

1 month ago - Benzinga

Why Is Simon Property (SPG) Up 3.8% Since Last Earnings Report?

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

1 month ago - Zacks Investment Research

All You Need to Know About Simon Property (SPG) Rating Upgrade to Strong Buy

Simon Property (SPG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 30th

SPG, LAZ, MC, and IPG made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 30, 2021.

Other symbols:IPGLAZMC
1 month ago - Zacks Investment Research

Here's How Tanger Outlets Will Win the Fight Against E-Commerce

The outlet REIT's business has rebounded quite well, but could still have more improvement ahead.

Other symbols:CAKEGPSSKT
1 month ago - The Motley Fool

Simon Centers Nationwide Receive Sustainability Recognition, Certification

INDIANAPOLIS, Aug. 23, 2021 /PRNewswire/ -- Simon is pleased to announce it has been recognized by the Institute of Real Estate Management (IREM®) and eight Simon centers have received the IREM® Certifi...

1 month ago - PRNewsWire

8 Hot Stocks to Buy That Analysts Loved This Week

24/7 Wall St. reviews dozens of analyst research reports each day of the week with a goal of finding new ideas for investors and traders alike.

2 months ago - 24/7 Wall Street

Here Are 7 Stocks to Avoid Snapping Up in August

Many of the biggest losers in 2021 enjoyed big runs last year. But keeping up with shifting trends, here are some popular stocks to avoid.

Other symbols:HOODNKLANLSNTTMWKHS
2 months ago - InvestorPlace

6 Reasons to Add Simon Property Group (SPG) Stock Right Now

Simon Property's (SPG) portfolio of premium retail assets, efforts to support omni-channel retailing and solid balance-sheet strength will help it tap growth amid an improving environment.

2 months ago - Zacks Investment Research

3 REITs to Buy From the Rebounding Retail REIT Industry

The Zacks REIT and Equity Trust - Retail industry stocks SPG, O and REG are in focus amid reopening of the economy, widespread vaccination, stimulus, strong consumer spending despite e-commerce adoption...

Other symbols:OREG
2 months ago - Zacks Investment Research

Simon Property Group To Redeem $1.65 Billion Of Senior Notes

INDIANAPOLIS, Aug. 10, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operati...

2 months ago - PRNewsWire

Simon Property Group Sells $1.25 Billion Of Senior Notes

INDIANAPOLIS, Aug. 9, 2021 /PRNewswire/ -- Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operatin...

2 months ago - PRNewsWire

Goldman Sachs Raises Price Targets on 4 Sizzling Stocks That Crushed Earnings

With August and back-to-school season upon us, much of the outstanding second-quarter earnings results have been posted and analysts and investors on Wall Street are very satisfied with the results.

Other symbols:AMDFMCRPD
2 months ago - 24/7 Wall Street