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Simon Property (SPG)
NYSE:SPG
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SPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$113.46 - $181.86
Previous Close$181.34
Volume1.52M
Average Volume (3M)1.36M
Market Cap
$68.09B
Enterprise Value$92.03B
Total Cash (Recent Filing)$2.53B
Total Debt (Recent Filing)$25.81B
Price to Earnings (P/E)23.7
Beta1.08
Next Earnings
Feb 10, 2025EPS Estimate
$1.78Next Dividend Ex-Date
Dec 09, 2024Dividend Yield4.41%
Share Statistics
EPS (TTM)7.66
Shares Outstanding326,043,383
10 Day Avg. Volume1,280,352
30 Day Avg. Volume1,364,894
Standard Deviation0.12
R-Squared0.56
Alpha-0.00530
Financial Highlights & Ratios
Price to Book (P/B)20.35
Price to Sales (P/S)10.00
Price to Cash Flow (P/CF)13.70
P/FCF Ratio16.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.20
Enterprise Value/Gross Profit19.87
Enterprise Value/Ebitda18.53
Forecast
1Y Price Target
$172.32Price Target Upside-3.31% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Simon Property News
PremiumCompany Announcements
Simon Property Group Reports Q3 2024 Results
PremiumCompany Announcements
Simon Property Group Reports Strong Q3 2024 Results
Bulls Say, Bears Say
Bulls Say
Dividend IncreaseThe dividend has been raised again to $2.10 per share, reaching pre-COVID levels and indicating strong financial health.
Real Estate PerformanceStrong domestic property NOI growth fuels solid real estate FFO growth, highlighting robust operational performance.
Tenant DemandRecord tenant demand across all three platforms drives strong core results.
Bears Say
Debt And Interest RatesDebt refinancing is expected to be a negative headwind due to higher interest rates.
Financial Performance3Q24 FFO missed expectations, reported below the Street and BMO estimates.
Market SentimentShares now trade above NAV and face potentially uninspiring future FFO growth.
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Ownership Overview
5.75% Insiders
27.29% Mutual Funds
6.35% Other Institutional Investors
34.23% 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 $113.46 and its highest was $181.86 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 Feb 10, 2025 which is in 79 days.
How were Simon Property’s earnings last quarter?
Simon Property released its earnings results on Nov 01, 2024. The company reported $1.267 earnings per share for the quarter, missing the consensus estimate of $1.493 by -$0.226.
Is Simon Property overvalued?
According to Wall Street analysts Simon Property’s price is currently Overvalued.
Does Simon Property pay dividends?
Simon Property pays a Quarterly dividend of $2.1 which represents an annual dividend yield of 4.41%. See more information on Simon Property dividends here
What is Simon Property’s EPS estimate?
Simon Property’s EPS estimate is $1.78.
How many shares outstanding does Simon Property have?
Simon Property has 326,270,140 shares outstanding.
What happened to Simon Property’s price movement after its last earnings report?
Simon Property reported an EPS of $1.267 in its last earnings report, missing expectations of $1.493. Following the earnings report the stock price went down -0.84%.
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 47M.
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Simon Property Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$172.32 (-3.31% Downside)
$172.32 (-3.31% Downside)
Blogger Sentiment
Bullish
SPG Sentiment 86%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 16.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days >0.1%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.80%
12-Months-Change
Fundamentals
Return on Equity
87.52%
Trailing 12-Months
Asset Growth
0.94%
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
Q3 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
$172.32
▼(-3.31% Downside)
Technical Analysis
Best Analysts Covering SPG
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+42.66%
reiterated a buy rating 4 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 +42.66% per trade.
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