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Simon Property (SPG)
NYSE:SPG
Holding SPG?
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SPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$102.11 - $169.19
Previous Close$164.9
Volume1.29M
Average Volume (3M)1.43M
Market Cap
$61.82B
Enterprise Value$85.76B
Total Cash (Recent Filing)$2.53B
Total Debt (Recent Filing)$25.81B
Price to Earnings (P/E)20.9
Beta1.01
Next Earnings
Oct 28, 2024EPS Estimate
$1.53Last Dividend Ex-Date
Sep 09, 2024Dividend Yield4.72%
Share Statistics
EPS (TTM)7.90
Shares Outstanding326,043,383
10 Day Avg. Volume1,536,905
30 Day Avg. Volume1,428,597
Standard Deviation0.12
R-Squared0.55
Alpha-0.00628
Financial Highlights & Ratios
Price to Book (P/B)18.51
Price to Sales (P/S)9.16
Price to Cash Flow (P/CF)12.60
P/FCF Ratio15.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.09
Enterprise Value/Gross Profit18.52
Enterprise Value/Ebitda22.32
Forecast
1Y Price Target
$168.00Price Target Upside2.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Simon Property News
Bulls Say, Bears Say
Bulls Say
Dividend IncreaseThe company recently increased its dividend to $2.05 per share, yielding 5.0%.
Leasing MomentumEncouraged by SPG's continued strong performance within its core real estate business, including leasing volume and pricing.
Strong PerformanceShares have significantly outperformed this year, up 19.5% compared to the RMS at 14.8%.
Bears Say
Consumer BehaviorThe lower-income consumer remains under pressure from inflation and is managing discretionary spend.
DebtDebt refinancing is expected to be a negative headwind due to higher interest rates.
Financial PerformanceShares now trade above NAV and face potentially uninspiring future FFO growth.
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Ownership Overview
1.22% Insiders
27.68% Mutual Funds
42.83% Other Institutional Investors
28.28% 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 $102.11 and its highest was $169.19 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 Oct 28, 2024 which is in 40 days.
How were Simon Property’s earnings last quarter?
Simon Property released its earnings results on Aug 05, 2024. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.447 by $0.063.
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 $2.05 which represents an annual dividend yield of 4.72%. See more information on Simon Property dividends here
What is Simon Property’s EPS estimate?
Simon Property’s EPS estimate is $1.53.
How many shares outstanding does Simon Property have?
Simon Property has 326,035,370 shares outstanding.
What happened to Simon Property’s price movement after its last earnings report?
Simon Property reported an EPS of $1.51 in its last earnings report, beating expectations of $1.447. Following the earnings report the stock price went up 5.062%.
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:
$168.00 (2.22% Upside)
$168.00 (2.22% Upside)
Blogger Sentiment
Bullish
SPG Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 16.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.37%
12-Months-Change
Fundamentals
Return on Equity
89.35%
Trailing 12-Months
Asset Growth
1.70%
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
Q2 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
$168.00
▲(2.22% Upside)
Technical Analysis
Best Analysts Covering SPG
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+35.44%
reiterated a buy rating last month
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 +35.44% per trade.
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