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Simon Property Group, Inc. (SPG)

Stock Price: $114.82 USD -4.18 (-3.51%)
Updated Feb 25, 2021 4:00 PM EST - Market closed
After-hours: $114.48 -0.34 (-0.30%) Feb 25, 5:20 PM
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

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GuruFocus - 2 days ago

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 ...

Other stocks mentioned: MAC
The Motley Fool - 6 days ago

A look at what's interesting to investors.

Other stocks mentioned: CHGG, EA, EBAY, GLUU
Business Wire - 1 week ago

INDIANAPOLIS--(BUSINESS WIRE)--Simon Property Group Acquisition Holdings, Inc. Announces Pricing of $300,000,000 Initial Public Offering

InvestorPlace - 1 week ago

Retailers that survived the pandemic have gotten better at e-commerce and merchandising. Now retail stocks have hopes for 2021 and beyond.

Other stocks mentioned: KSS, M, BBBY, JWN, KR, TJX
Forbes - 1 week ago

The bank thinks the broader market could be flat through year's end, but that doesn't mean there won't be big winners.

Other stocks mentioned: ALLY, CFG, DIS, HUM, JNJ, LIN, MA, PVH, TMUS
CNBC Television - 1 week ago

The risks former Walmart CEO Bill Simon sees for retail

Bill Simon, former Walmart CEO, joins 'Power Lunch' to discuss the year ahead for retail as the country recovers from the coronavirus pandemic, as well as the risks he sees for the sector.

Other stocks mentioned: WMT
GuruFocus - 1 week ago

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.

Other stocks mentioned: MAC, UHAL
The Motley Fool - 1 week ago

The REIT cut its dividend in 2020. Is the new level sustainable?

CNBC Television - 2 weeks ago

Calls of the day: Under Armour, Bed Bath & Beyond, and Simon Property Group

CNBC's Rahel Solomon discusses bullish analyst calls on Under Armour, Bed Bath & Beyond, and Simon Property Group

Other stocks mentioned: BBBY, UA, UAA
Benzinga - 2 weeks ago

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...

CNBC Television - 2 weeks ago

Chris Verrone of Strategas charts the ultimate safety play

Chris Verrone on why REITS are the ultimate safety play. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Bonawyn Eison.

Other stocks mentioned: EQR
InvestorPlace - 2 weeks ago

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.

CNBC Television - 2 weeks ago

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/...

Zacks Investment Research - 2 weeks ago

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.

PYMNTS - 2 weeks ago

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...

Zacks Investment Research - 2 weeks ago

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?

Invezz - 2 weeks ago

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...

Reuters - 2 weeks ago

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.

PRNewsWire - 2 weeks ago

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...

The Motley Fool - 2 weeks ago

Retail real estate hasn't performed well during the pandemic. Could that change soon?

Other stocks mentioned: O, PEI, SKT, STOR
Zacks Investment Research - 3 weeks ago

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...

The Motley Fool - 3 weeks ago

It will target "the intersection of retail and technology" to transform the consumer experience.

The Motley Fool - 3 weeks ago

Large, dominant companies with big yields are unlikely in today's record-setting markets. Here are three stocks that prove otherwise.

Other stocks mentioned: IBM, TOT
Seeking Alpha - 3 weeks ago

The Top 4 Dividend Dominators returned more than 5% in January, handily outperforming the S&P 500 Index's -1.1%. Still see 70%-plus upside for the basket of 4 Dividend Dominators for 2021.

Other stocks mentioned: T, XOM
PYMNTS - 3 weeks ago

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...

The Motley Fool - 3 weeks ago

These dividends are high, but they have room to grow.

Other stocks mentioned: PG, VZ
Schaeffers Research - 4 weeks ago

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...

CNBC - 4 weeks ago

The commercial real estate services firm Green Street estimates so-called A-rated mall values have tumbled roughly 45% from 2016 levels.

Other stocks mentioned: BAM
PRNewsWire - 1 month ago

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...

The Motley Fool - 1 month ago

Retail-related stocks had a tough 2020, but this cheap stock should survive and thrive once the world gets past the coronavirus.

Seeking Alpha - 1 month ago

Alert Bill Ackman: PREIT Could Be The Next GGP

Other stocks mentioned: GGP, MAC, PEI
Seeking Alpha - 1 month ago

The average REIT had a negative monthly return in 7 of the 12 months of 2020, with a 3.48% total return in December. Mid cap (+4.5%) and micro cap REITs (+3.45%) outperformed in December, whil...

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Seeking Alpha - 1 month ago

A rook is nothing to sneeze at. There's a reason why it's shaped like a castle.

Other stocks mentioned: FRT, O
Seeking Alpha - 1 month ago

How aggressive of an investor are you? How comfortable are you with market volatility and fluctuating portfolio values?

Other stocks mentioned: UBA, VICI
PRNewsWire - 1 month ago

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...

The Motley Fool - 1 month ago

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.

Zacks Investment Research - 1 month ago

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...

Seeking Alpha - 1 month ago

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...

PRNewsWire - 1 month ago

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...

Seeking Alpha - 1 month ago

Brookfield Asset Management recently made an offer to take its real estate partnership, Brookfield Property Partners L.P., private. This has ramifications far beyond investors in the partnersh...

Other stocks mentioned: BAM, BPY, BPYPO, BPYPP, BPYU, MAC, TCO
The Motley Fool - 1 month ago

Big-name stocks may not be exciting, but they could save your portfolio this year.

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InvestorPlace - 1 month ago

These real estate stocks have done exceedingly well during the pandemic and are likely to continue their great run in 2021 as well. The post 7 Hot Real Estate Stocks for 2021 appeared first on...

Other stocks mentioned: ARE, AVB, DHI, INVH, LOW, PSA
Seeking Alpha - 1 month ago

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...

Other stocks mentioned: T, XOM
Seeking Alpha - 1 month ago

Simon Property Group: Distortions Created By Yield Chasing

Seeking Alpha - 1 month ago

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.

Other stocks mentioned: ABBV, BMY, C, EPD, INTC, MPLX, PRU, SPY, T, WPC
The Motley Fool - 1 month ago

The retailer is appointing an interim CEO and creating a temporary group management arrangement.

Other stocks mentioned: BPY, JCPNQ
24/7 Wall Street - 1 month ago

J.C. Penney, now 118 years old, has, or had, a CEO who made it barely two years in the job.

Other stocks mentioned: JCPNQ, BPY
Market Watch - 1 month ago

J.C. Penney Co. Chief Executive Jill Soltau has been replaced by the beleaguered retailer's new owners.

Other stocks mentioned: BPY, JCPNQ
Fox Business - 1 month ago

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...

Other stocks mentioned: JCPNQ, BPY
Forbes - 1 month ago

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

Other stocks mentioned: JCPNQ, BPY

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$110.29
(-3.95% downside)
Analyst Consensus: Buy