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Simon Property (SPG)
NYSE:SPG
Simon Property (SPG) Stock Price & Analysis
4,697 Followers
SPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$94.29 - $157.82
Previous Close$140.35
Volume1.30M
Average Volume (3M)1.54M
Market Cap
$53.37B
Enterprise Value$78.69B
Total Cash (Recent Filing)$837.47M
Total Debt (Recent Filing)$25.48B
Price to Earnings (P/E)20.5
Beta1.21
Next Earnings
May 06, 2024EPS Estimate
$1.36Last Dividend Ex-Date
Mar 07, 2024Dividend Yield5.34%
Share Statistics
EPS (TTM)6.95
Shares Outstanding325,899,010
10 Day Avg. Volume1,212,096
30 Day Avg. Volume1,541,374
Standard Deviation0.12
R-Squared0.52
Alpha-0.00847
Financial Highlights & Ratios
Price to Book (P/B)16.21
Price to Sales (P/S)8.77
Price to Cash Flow (P/CF)N/A
P/FCF Ratio62.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue19.50
Enterprise Value/Gross Profit16.93
Enterprise Value/Ebitda25.80
Forecast
1Y Price Target
$153.17Price Target Upside9.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Simon Property News
PremiumStock Analysis & Ideas
SPG Stock: Barrage of Dividend Increases Boosts Bull Case
PremiumCompany Announcements
Simon Property Announces $2 Billion Stock Buyback Plan
PremiumCompany Announcements
Simon Property Shares Latest Financial Performance UpdateBulls Say, Bears Say
Bulls Say
Dividend GrowthThe dividend was raised, reflecting confidence in the company's financial health and future prospects.
Financial PerformanceSimon Property Group Inc generated significant excess cash flow after capital expenditures and distributions.
Operational StrengthLeasing activity remained strong with the signing of new leases and renewals, indicating a solid demand for the company's properties.
Bears Say
Financial GuidanceFY24e FFO/sh guidance range implies less than 1% FFO growth at midpoint due to higher interest expense projected to offset occupancy gains and improved pricing power.
Redevelopment ImpactRedevelopment is expected to put pressure on near-term earnings as it will take time to ramp up.
ValuationStock appears inexpensive relative to REITs but trades approximately 1.5 times above its 5-year average and near pre-pandemic levels, lacking near-term earnings growth.
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Ownership Overview
1.19% Insiders
27.13% Mutual Funds
25.43% Other Institutional Investors
46.25% 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 $94.29 and its highest was $157.82 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 May 06, 2024 which is in 18 days.
How were Simon Property’s earnings last quarter?
Simon Property released its earnings results on Feb 05, 2024. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.884 by $0.406.
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 $1.95 which represents an annual dividend yield of 5.34%. See more information on Simon Property dividends here
What is Simon Property’s EPS estimate?
Simon Property’s EPS estimate is $1.36.
How many shares outstanding does Simon Property have?
Simon Property has 325,891,020 shares outstanding.
What happened to Simon Property’s price movement after its last earnings report?
Simon Property reported an EPS of $2.29 in its last earnings report, beating expectations of $1.884. Following the earnings report the stock price went up 4.821%.
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 72M.
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Simon Property Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$153.17 (9.13% Upside)
$153.17 (9.13% Upside)
Blogger Sentiment
Bullish
SPG Sentiment 88%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 29.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.62%
12-Months-Change
Fundamentals
Return on Equity
75.03%
Trailing 12-Months
Asset Growth
3.85%
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
Q4 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 Months Forecast
Average Price Target
$153.17
▲(9.13% Upside)
Technical Analysis
Best Analysts Covering SPG
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+32.54%
assigned a buy rating 2 months ago
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