Simon Property Group, Inc. (SPG)
- Previous Close
148.44 - Open
149.43 - Bid 151.32 x 1200
- Ask 151.80 x 800
- Day's Range
148.79 - 151.49 - 52 Week Range
102.11 - 157.82 - Volume
2,373,731 - Avg. Volume
1,359,820 - Market Cap (intraday)
56.709B - Beta (5Y Monthly) 1.71
- PE Ratio (TTM)
19.28 - EPS (TTM)
7.85 - Earnings Date Jul 31, 2024 - Aug 5, 2024
- Forward Dividend & Yield 8.00 (5.39%)
- Ex-Dividend Date Jun 7, 2024
- 1y Target Est
160.00
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
www.simon.comRecent News: SPG
Performance Overview: SPG
Trailing total returns as of 5/31/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: SPG
Valuation Measures
Market Cap
48.38B
Enterprise Value
71.92B
Trailing P/E
18.91
Forward P/E
26.88
PEG Ratio (5yr expected)
7.79
Price/Sales (ttm)
8.43
Price/Book (mrq)
15.79
Enterprise Value/Revenue
12.51
Enterprise Value/EBITDA
13.56
Financial Highlights
Profitability and Income Statement
Profit Margin
44.57%
Return on Assets (ttm)
5.37%
Return on Equity (ttm)
79.01%
Revenue (ttm)
5.75B
Net Income Avi to Common (ttm)
2.56B
Diluted EPS (ttm)
7.85
Balance Sheet and Cash Flow
Total Cash (mrq)
1.25B
Total Debt/Equity (mrq)
692.30%
Levered Free Cash Flow (ttm)
1.9B
Research Analysis: SPG
Company Insights: SPG
SPG does not have Company Insights
Research Reports: SPG
Simon Property Group Earnings: Healthy Real Estate Fundamentals Mixed With Retail Charges and Gains
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 230 properties: 136 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $743 in sales per square foot in 2023 compared with $693 in sales per square foot over the 12 months before the pandemic. The company also owns a 21% interest in Klépierre, a European retail company with investments in shopping centers in 16 countries, and joint-venture interests in 33 premium outlets across 11 countries.
RatingPrice TargetFollowing Two Years of Rising Interest Rates, We Believe REITs Are Trading at Significant Discounts
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 230 properties: 136 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $743 in sales per square foot in 2023 compared with $693 in sales per square foot over the 12 months before the pandemic. The company also owns a 21% interest in Klépierre, a European retail company with investments in shopping centers in 16 countries, and joint-venture interests in 33 premium outlets across 11 countries.
RatingPrice TargetFundamentals in Simon Property Group's High-Quality Portfolio Have Returned to Prepandemic Levels
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 230 properties: 136 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $743 in sales per square foot in 2023 compared with $693 in sales per square foot over the 12 months before the pandemic. The company also owns a 21% interest in Klépierre, a European retail company with investments in shopping centers in 16 countries, and joint-venture interests in 33 premium outlets across 11 countries.
RatingPrice TargetThe Argus High-Yield Model Portfolio
Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. But the tide turned in 2022. The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters, and value stocks outpaced growth stocks that year. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income.