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Simon Property (SPG)
NYSE:SPG
Simon Property (SPG) Stock Price & Analysis
4,778 Followers
SPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$98.06 - $155.77
Previous Close$146.52
Volume1.14M
Average Volume (3M)1.44M
Market Cap
$54.91B
Enterprise Value$79.08B
Total Cash (Recent Filing)$2.55B
Total Debt (Recent Filing)$26.05B
Price to Earnings (P/E)18.6
Beta1.24
Next Earnings
Jul 31, 2024EPS Estimate
$1.42Last Dividend Ex-Date
Jun 07, 2024Dividend Yield5.01%
Share Statistics
EPS (TTM)7.87
Shares Outstanding325,943,826
10 Day Avg. Volume1,666,308
30 Day Avg. Volume1,443,770
Standard Deviation0.12
R-Squared0.54
Alpha-0.00878
Financial Highlights & Ratios
Price to Book (P/B)16.36
Price to Sales (P/S)33.02
Price to Cash Flow (P/CF)12.70
P/FCF Ratio13.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.19
Enterprise Value/Gross Profit14.71
Enterprise Value/Ebitda17.08
Forecast
1Y Price Target
$165.45Price Target Upside11.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Simon Property News
PremiumCompany Announcements
Simon Property CEO Continues Leadership Amid Cancer Treatment
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company raised its full year 2024 FFO guidance significantly, indicating a positive outlook on its financial performance.
Leasing And Tenant RelationshipsThe breadth and depth of the interested tenant base has expanded significantly, ranging from retailers like IKEA to luxury brands such as LVMH.
Tenant StabilityManagement expects tenant bankruptcy activity to be immaterial during the remainder of 2024.
Bears Say
Debt And Financial StabilityConcerns were raised about bad debt and watchlist.
Earnings GuidanceFFO guidance would be closer to $12.015/sh, slightly below expectations.
Net Operating IncomeOPI NOI loss of -$83m was higher than expected.
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Ownership Overview
1.20% Insiders
27.57% Mutual Funds
25.51% Other Institutional Investors
45.72% 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’s price range in the past 12 months?
Simon Property lowest stock price was $98.06 and its highest was $155.77 in the past 12 months.
What is Simon Property’s market cap?
Currently, no data Available
When is Simon Property’s upcoming earnings report date?
Simon Property’s upcoming earnings report date is Jul 31, 2024 which is in 28 days.
How were Simon Property’s earnings last quarter?
Simon Property released its earnings results on May 06, 2024. The company reported $2.25 earnings per share for the quarter, beating the consensus estimate of $1.357 by $0.893.
Is Simon Property overvalued?
According to Wall Street analysts Simon Property’s price is currently Undervalued.
Does Simon Property pay dividends?
Simon Property pays a Quarterly dividend of $2 which represents an annual dividend yield of 5.01%. See more information on Simon Property dividends here
What is Simon Property’s EPS estimate?
Simon Property’s EPS estimate is $1.42.
How many shares outstanding does Simon Property have?
Simon Property has 325,935,820 shares outstanding.
What happened to Simon Property’s price movement after its last earnings report?
Simon Property reported an EPS of $2.25 in its last earnings report, beating expectations of $1.357. Following the earnings report the stock price went up 2.427%.
Which hedge fund is a major shareholder of Simon Property?
Among the largest hedge funds holding Simon Property’s share is AEW Capital Management, L.P.. It holds Simon Property’s shares valued at 48M.
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Simon Property Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$165.45 (11.96% Upside)
$165.45 (11.96% Upside)
Blogger Sentiment
Bullish
SPG Sentiment 83%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 207.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.32%
12-Months-Change
Fundamentals
Return on Equity
84.82%
Trailing 12-Months
Asset Growth
1.20%
Trailing 12-Months
Company Description
Simon Property
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
Q1 2024
0:00 / 0:00
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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
$165.45
▲(11.96% Upside)
Technical Analysis
Best Analysts Covering SPG
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+28.60%
assigned a buy rating 28 days ago
Copying Caitlin Burrows's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +28.60% per trade.
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