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Simon Property Group (SPG)
:SPG
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SPG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$135.15 - $186.00
Previous CloseN/A
Volume400.48K
Average Volume (3M)1.53M
Market Cap
$64.19B
Enterprise Value$79.25B
Total Cash (Recent Filing)$560.06M
Total Debt (Recent Filing)$22.02B
Price to Earnings (P/E)22.3
Beta1.15
Next Earnings
Feb 10, 2025EPS Estimate
1.82Last Dividend Ex-Date
Dec 09, 2024Dividend Yield4.74%
Share Statistics
EPS (TTM)7.66
Shares Outstanding326,270,140
10 Day Avg. Volume1,391,228
30 Day Avg. Volume1,526,457
Standard Deviation0.12
R-Squared0.57
Alpha-0.00399
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)9.44
Price to Cash Flow (P/CF)15.60
P/FCF Ratio15.60
Enterprise Value/Market Cap1.23
Enterprise Value/Revenue13.68
Enterprise Value/Gross Profit17.11
Enterprise Value/Ebitda19.20
Forecast
1Y Price Target
$178.65Price Target Upside3.39% Upside
Rating ConsensusHold
Number of Analyst Covering13
Simon Property News
Bulls Say, Bears Say
Bulls Say
Development PipelineSPG sees a $4bn development pipeline with $1.2bn committed.
Dividend IncreaseDividend raised again to $2.10 quarterly run-rate, +2.4% q/q; now in-line with the previous levels.
Tenant DemandCore results were strong driven by record tenant demand across all 3 platforms.
Bears Say
Earnings3Q24 FFO missed expectations, reported below the Street and BMO estimates.
Financial PerformanceA profit in OPI was assumed instead of the reported loss.
Platform InvestmentsOther platform investments were below expectations, impacting overall results despite strong real estate performance.
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Ownership Overview
5.75% Insiders
26.87% Mutual Funds
0.19% Other Institutional Investors
40.34% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SPG FAQ
What was Simon Property Group’s price range in the past 12 months?
Simon Property Group lowest stock price was $135.15 and its highest was $186.00 in the past 12 months.
What is Simon Property Group’s market cap?
Simon Property Group’s market cap is $64.19B.
When is Simon Property Group’s upcoming earnings report date?
Simon Property Group’s upcoming earnings report date is Feb 10, 2025 which is in 26 days.
How were Simon Property Group’s earnings last quarter?
Simon Property Group released its earnings results on Nov 01, 2024. The company reported $1.46 earnings per share for the quarter, missing the consensus estimate of $1.493 by -$0.033.
Is Simon Property Group overvalued?
According to Wall Street analysts Simon Property Group’s price is currently Undervalued.
Does Simon Property Group pay dividends?
Simon Property Group pays a Quarterly dividend of $8.098 which represents an annual dividend yield of 4.74%. See more information on Simon Property Group dividends here
What is Simon Property Group’s EPS estimate?
Simon Property Group’s EPS estimate is 1.82.
How many shares outstanding does Simon Property Group have?
Simon Property Group has 326,270,140 shares outstanding.
What happened to Simon Property Group’s price movement after its last earnings report?
Simon Property Group reported an EPS of $1.46 in its last earnings report, missing expectations of $1.493. Following the earnings report the stock price went down -0.843%.
Which hedge fund is a major shareholder of Simon Property Group?
Among the largest hedge funds holding Simon Property Group’s share is AEW Capital Management, L.P.. It holds Simon Property Group’s shares valued at 46M.
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Simon Property Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$178.65 (3.39% Upside)
$178.65 (3.39% Upside)
Blogger Sentiment
Bullish
SPG Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 13.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.89%
12-Months-Change
Fundamentals
Return on Equity
87.52%
Trailing 12-Months
Asset Growth
0.94%
Trailing 12-Months
Company Description
Simon Property Group
Simon Property Group, Inc. is a real estate investment trust, which is engaged in owning, acquiring and leasing of dining, shopping, entertainment and mixed-use destinations. Its real estate portfolio consists of Premium Outlets, shopping malls and The Mills and International Properties across North America, Europe and Asia.
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SPG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong leasing activity, increased occupancy, and a dividend increase, indicating positive operational momentum. However, challenges remain with lower-income consumer spending and noncash losses from financial instruments. Despite these challenges, the overall sentiment remains positive due to strong financial and operational performance.Read More>---
SPG Revenue Breakdown
91.26% Lease income
2.23% Management fees and other revenues
6.51% Other
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SPG Stock 12 Month Forecast
Average Price Target
$178.65
▲(3.39% Upside)
Technical Analysis
Kimco Realty
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Macerich
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Federal Realty
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Realty Income
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Regency Centers
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Brixmor Property
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Best Analysts Covering SPG
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+40.26%
reiterated a buy rating 5 months ago
Copying Caitlin Burrows's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +40.26% per trade.
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