Simon Property Group (BVL:SPG) - Stock Price, News & Analysis

SPG Stock Overview

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).

About the company

SPG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	1/6
Dividends	5/6

Rewards

Trading at 10.4% below our estimate of its fair value

Earnings grew by 6.7% over the past year

Pays a reliable dividend of 5.52%

Risk Analysis

Debt is not well covered by operating cash flow

Simon Property Group, Inc. Competitors

Realty Income

NYSE:O

US$46.5b

Regency Centers

NasdaqGS:REG

US$11.0b

Scentre Group

ASX:SCG

AU$16.2b

Kimco Realty

NYSE:KIM

US$12.5b

Price History & Performance

Summary of all time highs, changes and price drops for Simon Property Group
Historical stock prices
Current Share Price	US$120.00
52 Week High	US$120.00
52 Week Low	US$106.70
Beta	1.7
1 Month Change	0%
3 Month Change	0%
1 Year Change	1.01%
3 Year Change	3.72%
5 Year Change	n/a
Change since IPO	12.63%

Recent updates

Shareholder Returns

	SPG	PE Retail REITs	PE Market
7D	0%	0%	0%
1Y	1.0%	0%	0%

Return vs Industry: SPG matched the PE Retail REITs industry which returned 1% over the past year.

Return vs Market: SPG underperformed the PE Market which returned 10% over the past year.

Price Volatility

Is SPG's price volatile compared to industry and market?
SPG volatility
SPG Average Weekly Movement	0%
Retail REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in PE Market	0%
10% least volatile stocks in PE Market	0%

Stable Share Price: SPG has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SPG's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1960	2,750	David Simon	www.simon.com

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.

Simon Property Group, Inc. Fundamentals Summary

How do Simon Property Group's earnings and revenue compare to its market cap?
SPG fundamental statistics
Market cap	US$52.51b
Earnings (TTM)	US$2.28b
Revenue (TTM)	US$5.66b

20.2x

P/E Ratio

8.1x

P/S Ratio

Is SPG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPG income statement (TTM)
Revenue	US$5.66b
Cost of Revenue	US$1.03b
Gross Profit	US$4.63b
Other Expenses	US$2.35b
Earnings	US$2.28b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 06, 2024

Earnings per share (EPS)	7.00
Gross Margin	81.83%
Net Profit Margin	40.29%
Debt/Equity Ratio	706.0%

How did SPG perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

52%

Payout Ratio

SPG Stock Overview

Rewards

Risk Analysis

Simon Property Group, Inc. Competitors

NYSE:O

US$46.5b

NasdaqGS:REG

US$11.0b

ASX:SCG

AU$16.2b

NYSE:KIM

US$12.5b

Price History & Performance

Recent News & Updates

Simon Property Group, Inc. to Report Q1, 2024 Results on May 06, 2024

Simon Property Group, Inc., Annual General Meeting, May 08, 2024

Upcoming dividend of US$1.95 per share

Fourth quarter dividend of US$1.95 announced

Simon Property Group, Inc. Appoints Nina P. Jones to the Board’s Audit Committee

Simon Property Group, Inc. (NYSE:SPG) announces an Equity Buyback for $2,000 million worth of its shares.

Recent updates

Simon Property Group, Inc. to Report Q1, 2024 Results on May 06, 2024

Simon Property Group, Inc., Annual General Meeting, May 08, 2024

Upcoming dividend of US$1.95 per share

Fourth quarter dividend of US$1.95 announced

Simon Property Group, Inc. Appoints Nina P. Jones to the Board’s Audit Committee

Simon Property Group, Inc. (NYSE:SPG) announces an Equity Buyback for $2,000 million worth of its shares.

Simon Property Group, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2024

Full year 2023 earnings released: EPS: US$6.98 (vs US$6.52 in FY 2022)

Simon Property Group, Inc. to Report Q4, 2023 Results on Feb 05, 2024

Simon Property Group Announces Appointment of Nina P. Jones to Board of Directors

Upcoming dividend of US$1.90 per share at 6.2% yield

New major risk - Revenue and earnings growth

Simon Property Group, Inc. Declares Quarterly Common Stock Dividend for the Fourth Quarter of 2023, Payable on December 29, 2023

Simon Property Group, Inc. Declares Quarterly Common Stock Dividend for the Fourth Quarter of 2023, Payable on December 29, 2023

Third quarter 2023 earnings released: FFO per share: US$3.7 (vs US$3.35 in 3Q 2022)

Simon Property Group, Inc. to Report Q3, 2023 Results on Oct 30, 2023

Upcoming dividend of US$1.90 per share at 6.7% yield

Simon Property Group, Inc. Declares Quarterly Dividend for Third Quarter of 2023, Payable on September 29, 2023

Second quarter 2023 earnings released: FFO per share: US$3.3 (vs US$3.33 in 2Q 2022)

Simon Property Group, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Upcoming dividend of US$1.85 per share at 7.0% yield

First quarter 2023 earnings released: EPS: US$1.38 (vs US$1.30 in 1Q 2022)

Independent Director recently bought US$75k worth of stock

Upcoming dividend of US$1.80 per share at 5.9% yield

Simon Property Group, Inc. Provides Earnings Guidance for the Year 2023

Full year 2022 earnings released: EPS: US$6.52 (vs US$6.84 in FY 2021)

Simon Property Group, Inc. to Report Q4, 2022 Results on Feb 06, 2023

Independent Director recently bought US$74k worth of stock

Upcoming dividend of US$1.80 per share

Investor sentiment improved over the past week

Third quarter 2022 earnings released: FFO per share: US$3.3 (vs US$3.61 in 3Q 2021)

Simon Property Group, Inc. Provides Earnings Estimate for the Year 2022

Cardless and Simon Launch Premium Retail Credit Card on American Express Network

Now 52% undervalued after recent price drop

Simon Property Group, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Independent Director recently bought US$71k worth of stock

Upcoming dividend of US$1.75 per share

Simon Property Group, Inc. Announces Management Promotions

Second quarter 2022 earnings released: FFO: US$1.27b per share (vs US$3.80 in 2Q 2021)

Simon Property Group, Inc. Provides Earnings Guidance for the Year 2022

Simon Property Group, Inc. to Report Q2, 2022 Results on Aug 01, 2022

Independent Director recently bought US$68k worth of stock

Simon(R) Announces New, Innovative Product Search Platform

Upcoming dividend of US$1.70 per share

Simon Property Reportedly Have No Plan to Make Bid for Kohl's

First quarter 2022 earnings released: FFO: US$1.30b per share (vs US$2.97 in 1Q 2021)

Simon Property Group, Inc. Provides Earnings Guidance for the Year Ending December 31, 2022

Simon Property Group, Inc. to Report Q1, 2022 Results on May 09, 2022

Independent Director recently bought US$62k worth of stock

Simon Property Group, Inc., Annual General Meeting, May 11, 2022

Upcoming dividend of US$1.65 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Simon Property Group, Inc. Provides Earnings Guidance for Ending December 31, 2022

Kitchen United and Simon Launch "Grab Go Eat" Platform

Independent Director recently bought US$62k worth of stock

Upcoming dividend of US$1.65 per share

Third quarter 2021 earnings released: EPS US$2.07 (vs US$0.48 in 3Q 2020)

Independent Director recently bought US$55k worth of stock

Upcoming dividend of US$1.50 per share