NYSE:SPG Simon Property Group (SPG) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free SPG Stock Alerts $155.03 +0.70 (+0.45%) (As of 01:35 PM ET) Add Compare Share Share Today's Range$154.70▼$156.4550-Day Range$136.79▼$155.8152-Week Range$100.17▼$157.82Volume574,145 shsAverage Volume1.56 million shsMarket Capitalization$50.52 billionP/E Ratio22.21Dividend Yield5.03%Price Target$140.22 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Simon Property Group alerts: Email Address Simon Property Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.1% Downside$140.22 Price TargetShort InterestHealthy1.25% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.88Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth3.32%From $12.06 to $12.46 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.70 out of 5 starsFinance Sector355th out of 858 stocksReal Estate Investment Trusts Industry80th out of 180 stocks 1.3 Analyst's Opinion Consensus RatingSimon Property Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $140.22, Simon Property Group has a forecasted downside of 10.1% from its current price of $156.02.Amount of Analyst CoverageSimon Property Group has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.25% of the float of Simon Property Group has been sold short.Short Interest Ratio / Days to CoverSimon Property Group has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Simon Property Group has recently increased by 8.29%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 5.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSimon Property Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Simon Property Group is 111.75%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Simon Property Group will have a dividend payout ratio of 62.60% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSimon Property Group has received a -3.72% net impact score from Upright. The largest negative impact of Simon Property in category "GHG emissions" seems to be driven mostly by its "Parking lot services", "Real estate funds investing in office buildings", and "Real estate funds investing in shopping centers" products. See details.Environmental SustainabilityThe Environmental Impact score for Simon Property Group is -3.10. Previous Next 3.8 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Simon Property Group this week, compared to 8 articles on an average week.Search Interest55 people have searched for SPG on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.MarketBeat Follows30 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Simon Property Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.50% of the stock of Simon Property Group is held by insiders.Percentage Held by Institutions93.01% of the stock of Simon Property Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Simon Property Group are expected to grow by 3.32% in the coming year, from $12.06 to $12.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 22.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 22.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.09.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 7.91. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSimon Property Group has a P/B Ratio of 15.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Simon Property Group Stock (NYSE:SPG)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.Read More SPG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPG Stock News HeadlinesMarch 18, 2024 | marketbeat.com3 Large-Cap Stocks Buying Back Shares AggressivelyManagement buybacks and Wall Street analyst price target boosts are the common story across these three stocks; get your money's worth in themMarch 1, 2024 | marketbeat.com3 Hot Stocks Bought by Members of Congress: Follow the MoneyThe STOCK Act of 2012 was supposed to halt insider trading by members of Congress, but let's be honest. The STOCK Act can't really stop Congresspeople from trading on insider knowledge; they're in a position to get it, which will influence investment decisions.March 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 1, 2024 | marketbeat.com3 Hot Stocks Bought by Members of Congress: Follow the Money (SPG)Palo Alto Networks, Simon Property Group and JPMorgan Chase are the top three stocks bought by Members of Congress in February;March 26, 2024 | markets.businessinsider.comForecasting The Future: 5 Analyst Projections For Simon Property GroupMarch 26, 2024 | incomeinvestors.comSimon Property Group Stock: Inflation-Busting High-Yielder Hit Record HighMarch 26, 2024 | americanbankingnews.comTruist Financial Boosts Simon Property Group (NYSE:SPG) Price Target to $147.00March 23, 2024 | fool.com2 Stocks More Magnificent Than AmazonMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 21, 2024 | americanbankingnews.comSimon Property Group (NYSE:SPG) Sets New 1-Year High at $154.17March 14, 2024 | bizjournals.comNetflix plans two-story Netflix House at King of Prussia Mall with themed experiences and diningMarch 8, 2024 | bizjournals.comGucci, Burberry, Rolex, Coach coming to Edina's Southdale CenterMarch 8, 2024 | finance.yahoo.comA $400 Million Bet Says This Is the Mall of the FutureMarch 8, 2024 | 247wallst.com6 Of Goldman Sachs Top 2024 Stock Picks Also Pay Big DividendsMarch 6, 2024 | investorplace.comNancy Pelosi Alert: 3 Stocks That Members of Congress Are BuyingMarch 5, 2024 | seekingalpha.comSimon Property Group, Inc. (SPG) Citi's 2024 Global Property CEO Conference - TranscriptMarch 1, 2024 | finance.yahoo.comEarn a 5.3% Yield from Abercrombie & Fitch Using This HackFebruary 29, 2024 | prnewswire.comSimon® to Present at Citi's 2024 Global Property CEO ConferenceFebruary 29, 2024 | investorplace.comForget Bonds, Grab These 3 Dividend Stocks for Retirement IncomeFebruary 26, 2024 | investorplace.comThe 3 Most Popular Stocks Owned by Congress in Q1February 26, 2024 | markets.businessinsider.comSimon Property Group: Solid Leasing Activity and Stable Cash Flow Justify Hold RatingFebruary 26, 2024 | 247wallst.com3 Dividend Stocks I Wish I Bought Last Year And 1 I Like NowFebruary 24, 2024 | 247wallst.comWall Street's Top Investment Bank Loves 5 Big Dividend Stocks in 2024February 20, 2024 | 247wallst.com# High Yield Dividend Stocks Perfect For Baby BoomersFebruary 16, 2024 | benzinga.comRecent Report Shows That Rep. Victoria Spartz Bought Up to $130K Worth of Simon Property Group StockFebruary 16, 2024 | finance.yahoo.comCan These REITs Mirror Truth Social's 2024 Surge Amid Trump's Potential Return?February 14, 2024 | finance.yahoo.comSimon® Embraces Environmental Transparency by Disclosing through CDPSee More Headlines Receive SPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Simon Property Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/29 Dividend12/07/2023Dividend Payable12/29/2023Last Earnings2/05/2024Ex-Dividend for 3/29 Dividend3/07/2024Today3/28/2024Dividend Payable3/29/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:SPG CUSIP82880610 CIK1063761 Webwww.simon.com Phone(317) 636-1600Fax317-685-7222Employees3,000Year Founded1993Price Target and Rating Average Stock Price Target$140.22 High Stock Price Target$172.00 Low Stock Price Target$106.00 Potential Upside/Downside-9.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$6.98 Trailing P/E Ratio22.11 Forward P/E Ratio12.80 P/E Growth7.93Net Income$2.28 billion Net Margins42.30% Pretax Margin41.06% Return on Equity70.97% Return on Assets7.18% Debt Debt-to-Equity Ratio7.54 Current Ratio1.77 Quick Ratio1.77 Sales & Book Value Annual Sales$5.66 billion Price / Sales8.89 Cash Flow$11.77 per share Price / Cash Flow13.11 Book Value$10.06 per share Price / Book15.34Miscellaneous Outstanding Shares325,900,000Free Float297,937,000Market Cap$50.30 billion OptionableOptionable Beta1.65 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. David E. Simon (Age 62)Chairman, CEO & President Comp: $29.4MMr. Brian J. McDade (Age 45)Executive VP & CFO Comp: $4.34MMr. Adam J. Reuille (Age 49)Senior VP & Chief Accounting Officer Comp: $1.89MMr. John Rulli (Age 68)Chief Administrative Officer Comp: $2.95MMr. Steven E. Fivel (Age 63)General Counsel & Secretary Comp: $7.45MMr. Steven K. Broadwater (Age 57)Senior Vice President of Financial Reporting & Operations Mr. Stanley Shashoua (Age 53)Chief Investment Officer Joseph W. ChiappettaSenior VP & Chief Technology OfficerMr. Thomas Ward (Age 55)Senior Vice President of Investor Relations Susan MasselaSenior Vice President of Human ResourcesMore ExecutivesKey CompetitorsRealty IncomeNYSE:OKimco RealtyNYSE:KIMPublic StorageNYSE:PSAWelltowerNYSE:WELLCrown CastleNYSE:CCIView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 80,000 shares on 3/27/2024Ownership: 0.000%HighPoint Advisor Group LLCBought 3,213 shares on 3/26/2024Ownership: 0.001%Quadrature Capital LtdBought 9,607 shares on 3/25/2024Ownership: 0.003%PNC Financial Services Group Inc.Bought 4,615 shares on 3/22/2024Ownership: 0.062%B. Riley Wealth Advisors Inc.Sold 1,574 shares on 3/15/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions Should I Buy Simon Property Group Stock? SPG Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Simon Property Group was last updated on Tuesday, March 26, 2024 at 12:10 AM. Pros Here are some ways that investors could benefit from investing in Simon Property Group, Inc.: Simon Property Group, Inc. has a strong track record of owning premier shopping, dining, and entertainment destinations across North America, Europe, and Asia, generating billions in annual sales. The company is an S&P 100 company, indicating its significant market presence and stability. Recent insider selling at JPM, a similar company, suggests a potential buy opportunity in Simon Property Group, Inc. Stock sentiment analysis indicates positive market sentiment towards Simon Property Group, Inc., potentially leading to favorable stock performance. Workday Stock Price is showing a buy-the-dip opportunity, which could be advantageous for investors considering Simon Property Group, Inc. Cons Investors should be bearish about investing in Simon Property Group, Inc. for these reasons: Microcap stocks, like Simon Property Group, Inc., may carry higher risk due to their smaller market capitalization and potentially higher volatility. Quiet Period Expirations can lead to increased stock price volatility, which may impact investments in Simon Property Group, Inc. Investing in real estate investment trusts (REITs) like Simon Property Group, Inc. involves risks related to interest rate changes and economic downturns. Dividend tax implications should be considered when investing in companies like Simon Property Group, Inc. that pay dividends. Comparing stocks, such as casino stocks, to Simon Property Group, Inc. can highlight differences in industry performance and potential investment outcomes. SPG Stock Analysis - Frequently Asked Questions Should I buy or sell Simon Property Group stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Simon Property Group in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SPG shares. View SPG analyst ratings or view top-rated stocks. What is Simon Property Group's stock price target for 2024? 8 brokerages have issued twelve-month target prices for Simon Property Group's stock. Their SPG share price targets range from $106.00 to $172.00. On average, they anticipate the company's stock price to reach $140.22 in the next year. This suggests that the stock has a possible downside of 10.1%. View analysts price targets for SPG or view top-rated stocks among Wall Street analysts. How have SPG shares performed in 2024? Simon Property Group's stock was trading at $142.64 on January 1st, 2024. Since then, SPG stock has increased by 9.4% and is now trading at $156.02. View the best growth stocks for 2024 here. When is Simon Property Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our SPG earnings forecast. How were Simon Property Group's earnings last quarter? Simon Property Group, Inc. (NYSE:SPG) posted its quarterly earnings results on Monday, February, 5th. The real estate investment trust reported $2.29 EPS for the quarter, missing analysts' consensus estimates of $3.34 by $1.05. The real estate investment trust had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.38 billion. Simon Property Group had a trailing twelve-month return on equity of 70.97% and a net margin of 42.30%. Simon Property Group's quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $3.15 EPS. Read the conference call transcript. How often does Simon Property Group pay dividends? What is the dividend yield for Simon Property Group? Simon Property Group announced a quarterly dividend on Monday, February 5th. Investors of record on Friday, March 8th will be paid a dividend of $1.95 per share on Friday, March 29th. This represents a $7.80 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date is Thursday, March 7th. This is a boost from the stock's previous quarterly dividend of $1.90. Read our dividend analysis for SPG. Is Simon Property Group a good dividend stock? Simon Property Group (NYSE:SPG) pays an annual dividend of $7.80 per share and currently has a dividend yield of 5.18%. SPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 111.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SPG will have a dividend payout ratio of 62.60% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SPG. What ETFs hold Simon Property Group's stock? ETFs with the largest weight of Simon Property Group (NYSE:SPG) stock in their portfolio include iShares US Credit Bond ETF (CRED), ALPS Active REIT ETF (REIT), iShares Cohen & Steers REIT ETF (ICF), FlexShares Global Quality Real Estate Index Fund (GQRE), Real Estate Select Sector SPDR Fund (XLRE), SPDR Dow Jones REIT ETF (RWR), iShares Core U.S. REIT ETF (USRT) and InfraCap Equity Income Fund ETF (ICAP). How will Simon Property Group's stock buyback program work? Simon Property Group announced that its board has initiated a stock repurchase plan on Thursday, February 8th 2024, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 4.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued. What guidance has Simon Property Group issued on next quarter's earnings? Simon Property Group issued an update on its FY 2024 earnings guidance on Monday, February, 5th. The company provided earnings per share (EPS) guidance of 11.850-12.100 for the period, compared to the consensus earnings per share estimate of 12.200. The company issued revenue guidance of -. What is David Simon's approval rating as Simon Property Group's CEO? 197 employees have rated Simon Property Group Chief Executive Officer David Simon on Glassdoor.com. David Simon has an approval rating of 44% among the company's employees. This puts David Simon in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Simon Property Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Simon Property Group investors own include AT&T (T), AbbVie (ABBV), Exxon Mobil (XOM), Intel (INTC), Johnson & Johnson (JNJ), Walt Disney (DIS), Pfizer (PFE), Verizon Communications (VZ), Cisco Systems (CSCO) and NVIDIA (NVDA). Who are Simon Property Group's major shareholders? Simon Property Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.01%), Vanguard Group Inc. (14.03%), Cohen & Steers Inc. (7.04%), Norges Bank (5.50%), Daiwa Securities Group Inc. (1.51%) and Legal & General Group Plc (1.51%). Insiders that own company stock include Brian J Mcdade, J Albert Smith Jr, Karen N Horn, Marta R Stewart, Peggy Fang Roe, Reuben S Leibowitz and Simon Property Group Inc /De/. View institutional ownership trends. How do I buy shares of Simon Property Group? Shares of SPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SPG) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Simon Property Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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