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Simon Property Group NYSE:SPG Stock Report

Last Price

US$150.77

Market Cap

US$56.5b

7D

0.6%

1Y

40.7%

Updated

18 Mar, 2024

Data

Company Financials +

Simon Property Group, Inc.

NYSE:SPG Stock Report

Market Cap: US$56.5b

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).

SPG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health1/6
Dividends6/6

Simon Property Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Simon Property Group
Historical stock prices
Current Share PriceUS$150.77
52 Week HighUS$153.50
52 Week LowUS$100.17
Beta1.68
1 Month Change0.54%
3 Month Change3.86%
1 Year Change40.75%
3 Year Change30.82%
5 Year Change-15.29%
Change since IPO570.09%

Recent News & Updates

Simon Property Group: Strong Fundamentals Make This REIT A Buy And Hold

Mar 18

Simon Property Group: Not Ready To Pull The Trigger

Feb 09

Recent updates

Simon Property Group: Strong Fundamentals Make This REIT A Buy And Hold

Mar 18

Simon Property Group: Not Ready To Pull The Trigger

Feb 09

Simon Property: The Upside Is Still Attractive, So It's A Buy

Jan 23

Simon Property Group: Simon Says 'Hold'

Dec 26

Buy Simon Property Group For The Future Yield

Dec 19

Simon Property Group Likely To Face Headwinds But Remains A BUY

Dec 01

Simon Property Group's 7% Dividend, Double Beat, And Increased Guidance Attractive

Oct 31

Simon Property Group: Malls Are Not Dead

Oct 25

Simon Property Group: Closing In On Sub-$100

Oct 10

Simon Property Group: One Of The Best 7% Dividend Yields

Oct 04

Simon Property Group Is Historically Undervalued At A Level Of 2000, 2008, Or 2020

Sep 21

Simon Property: Solid Performer With Significant Potential Upside

Sep 12

Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown

Sep 01

Simon Property Group: The Yield Will Get Fatter

Aug 03

Simon Property Group: A Fine REIT, But Better Alternatives Exist

Jul 14

Simon Property Group: Rethinking My Valuation Of The Stock (Rating Downgrade)

Jun 26

The Best Fixed-Rate Preferred Stock At Current Prices Comes From Simon Property Group

Jun 13

Simon Property Group: Interesting Undervaluation Levels Once Again

Jun 06

Simon Property: A 7.2% Yield For Cheap, I'm Jumping In

May 27

Why I Sold Simon Property Group - Again

Feb 19

Simon Property FFO of $3.15 beats by $0.02, revenue of $836.01M

Feb 06

Simon Property: The Bulls Will Likely Prevail

Dec 25

Simon Property: Cheaply Valued For The Long Run

Dec 15

Simon Property Group's Rally Can Continue Through The Holidays As Shares Are Still Undervalued

Nov 11

Simon Property Group Benefits From A Changing Real Estate Model

Oct 31

Simon Property launches its own American Express card with Cardless

Oct 18

Simon Property Group: The Mall Is Dead, Long Live The Mall

Oct 11

Buy Simon Property Group's 11% FFO Yield Before Everybody Else Does

Sep 12

Simon Property Group: A Switch Makes Sense

Aug 25

Simon Property Group: This Price Is Just Plain Silly

Aug 18

Simon Property raises dividend by 6% to $1.75

Aug 01

Simon Property Group: Pessimism Has Gone Too Far

Jul 18

Simon Property Group: My Oh My, A Mall REIT Buy?

Jul 07

Simon Property Group: It's A Buy Now!

Jun 30

Simon Property: One Of The Best Yields Out There

Jun 13

Simon Property: Buy Signal From 4% Yield Spread

May 28

Simon Property Group: Undervalued And Inflation Resistant

Apr 26

Shareholder Returns

SPGUS Retail REITsUS Market
7D0.6%-1.8%-0.1%
1Y40.7%7.8%28.4%

Return vs Industry: SPG exceeded the US Retail REITs industry which returned 7.8% over the past year.

Return vs Market: SPG exceeded the US Market which returned 28.4% over the past year.

Price Volatility

Is SPG's price volatile compared to industry and market?
SPG volatility
SPG Average Weekly Movement2.9%
Retail REITs Industry Average Movement2.7%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: SPG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19602,750David Simonhttps://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 capUS$56.51b
Earnings (TTM)US$2.28b
Revenue (TTM)US$5.66b

21.6x

P/E Ratio

8.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPG income statement (TTM)
RevenueUS$5.66b
Cost of RevenueUS$1.03b
Gross ProfitUS$4.63b
Other ExpensesUS$2.35b
EarningsUS$2.28b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)7.00
Gross Margin81.83%
Net Profit Margin40.29%
Debt/Equity Ratio706.0%

How did SPG perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

52%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.