Simon Property Group, Inc. (SPG)
| Market Cap | 47.50B |
| Revenue (ttm) | 4.69B |
| Net Income (ttm) | 1.48B |
| Shares Out | 328.54M |
| EPS (ttm) | 4.63 |
| PE Ratio | 31.36 |
| Forward PE | 25.77 |
| Dividend | $5.30 (3.65%) |
| Ex-Dividend Date | Sep 8, 2021 |
| Volume | 1,217,822 |
| Open | 144.78 |
| Previous Close | 143.96 |
| Day's Range | 144.00 - 145.60 |
| 52-Week Range | 56.52 - 145.60 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 151.50 (+4.4%) |
| Est. Earnings Date | Nov 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.
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 StatementsAnalyst 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.
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...
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...
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.
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.
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.
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...
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...
Final Trades: Netflix, Best Buy, Simon Property Group & more
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5 Top High-Yield Dividend Stocks to Buy Heading Into Q4
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Expect Shaquille O'Neal to ring the bell when Authentic Brands goes public this fall to become AUTH stock. Then expect to be entertained.
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.
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.
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?
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.
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.
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.
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...
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.
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...
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...
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...
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.