NYSE:SPG Simon Property Group (SPG) Stock Price, News & Analysis → Mysterious Gold Leverage Just Announced (From Stansberry Research) (Ad) Free SPG Stock Alerts $142.73 -0.08 (-0.06%) (As of 05:33 PM ET) Add Compare Share Share Today's Range$140.59▼$143.7150-Day Range$140.35▼$156.4952-Week Range$100.17▼$157.82Volume1.56 million shsAverage Volume1.48 million shsMarket Capitalization$46.52 billionP/E Ratio20.45Dividend Yield5.46%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/Downside1.8% Downside$140.22 Price TargetShort InterestHealthy1.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment1.04Based on 11 Articles This WeekInsider TradingAcquiring Shares$24,054 Bought Last QuarterProj. Earnings Growth3.07%From $12.06 to $12.43 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.3.76 out of 5 starsFinance Sector357th out of 859 stocksReal Estate Investment Trusts Industry76th out of 181 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.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 Shorted1.48% 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 3.2, 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 3.24%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 5.43%, 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 62.75% 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 2.8 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of 1.04. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Simon Property Group this week, compared to 8 articles on an average week.Search InterestOnly 37 people have searched for SPG on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.MarketBeat FollowsOnly 27 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -4% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Simon Property Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,054.00 in company stock and sold $0.00 in 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 3.07% in the coming year, from $12.06 to $12.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Simon Property Group is 20.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 20.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.79.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 7.54. 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 14.19. 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 Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. 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 HeadlinesApril 13, 2024 | marketbeat.com5 Trends You Need to Know This QuarterThe global financial markets are like a machine, and each asset class acts as a cog that twists and turns each cycle. Today, there are a few key trends that investors should be aware of before the quarter ends to help them consider the best themes for growing their wealth.April 13, 2024 | marketbeat.com5 Trends You Need to Know This Quarter (SPG)Five key trends stand out for investors to keep in mind for the next quarter, all bringing their own set of opportunities that cannot be missed.April 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 3, 2024 | insidertrades.comSimon Property Group, Inc. (NYSE:SPG) Director Marta R. Stewart Purchases 156 SharesApril 24, 2024 | finance.yahoo.comSimon® Announces Exciting Additions to Woodbury Common Premium Outlets®April 23, 2024 | money.usnews.comSimon Property Group, Inc.April 23, 2024 | 247wallst.comGoldman Sachs Has 6 Dividend Blue Chips on Its Conviction List of Top StocksApril 22, 2024 | finance.yahoo.comMall Titans Team Up to Revive a Bankrupt Retail Tenant AgainApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 20, 2024 | americanbankingnews.comSimon Property Group (NYSE:SPG) Stock Rating Upgraded by StockNews.comApril 19, 2024 | 247wallst.com6 Left For Dead Blue Chip Dividend Stocks Could Rally Big This SummerApril 19, 2024 | 247wallst.com6 Left For Dead Blue Chip Dividend Stocks Could Rally Big This SummerApril 16, 2024 | prnewswire.comGive Old Electronics a New Life with Georgia Natural Gas and Lenox Square at Annual Earth Day Recycling DriveApril 14, 2024 | seekingalpha.comI Added Simon Property Group's 5.4% Dividend Yield To My ShoppingApril 14, 2024 | finance.yahoo.comInsiders are Amassing These 10 Stocks in AprilApril 11, 2024 | prnewswire.comSimon® Announces Date For Its First Quarter 2024 Earnings Release And Conference CallApril 10, 2024 | wsj.comReal Estate Stocks Slump After Inflation PrintApril 10, 2024 | fool.com2 Top Retail Stocks I'd Buy Right Now Without HesitationApril 5, 2024 | benzinga.comMarket Whales and Their Recent Bets on SPG OptionsApril 4, 2024 | investing.comSimon Property Group director buys $55k in company sharesApril 2, 2024 | msn.comIPO Roundup: Rubrik, Contineum Therapeutics, and moreApril 2, 2024 | msn.comAsia markets mixed as investors assess economic data in Australia and other regionApril 1, 2024 | bizjournals.comCharlotte Premium Outlets to open NC's first Greg Norman, Huk storesMarch 31, 2024 | nasdaq.comValidea Detailed Fundamental Analysis - SPGMarch 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 23, 2024 | fool.com2 Stocks More Magnificent Than AmazonSee 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 Last Earnings2/05/2024Ex-Dividend for 3/29 Dividend3/07/2024Dividend Payable3/29/2024Today4/25/2024Next Earnings (Confirmed)5/06/2024Fiscal 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-1.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$6.98 Trailing P/E Ratio20.46 Forward P/E Ratio11.84 P/E Growth7.54Net 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 / Sales8.23 Cash Flow$11.44 per share Price / Cash Flow12.48 Book Value$10.06 per share Price / Book14.20Miscellaneous Outstanding Shares325,900,000Free Float298,198,000Market Cap$46.55 billion OptionableOptionable Beta1.65 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. David E. Simon (Age 62)Chairman, CEO & President Comp: $5.56MMr. Brian J. McDade (Age 45)Executive VP & CFO Comp: $1.56MMr. Adam J. Reuille (Age 49)Senior VP & Chief Accounting Officer Comp: $686.98kMr. John Rulli (Age 68)Chief Administrative Officer Comp: $1.59MMr. Steven E. Fivel (Age 63)General Counsel & Secretary Comp: $1.59MMr. 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:PSADigital Realty TrustNYSE:DLRWelltowerNYSE:WELLView All CompetitorsInsiders & InstitutionsZurcher Kantonalbank Zurich Cantonalbank Sold 106,489 shares on 4/25/2024Ownership: 0.061%Fjarde AP Fonden Fourth Swedish National Pension FundBought 7,300 shares on 4/25/2024Ownership: 0.025%Cambridge Investment Research Advisors Inc.Sold 6,170 shares on 4/25/2024Ownership: 0.010%Cascade Investment Advisors Inc.Sold 565 shares on 4/25/2024Ownership: 0.004%Valeo Financial Advisors LLCBought 683 shares on 4/25/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions Should I Buy Simon Property Group Stock? SPG Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Simon Property Group, Inc.: Simon Property Group, Inc. has shown consistent growth in its stock price, indicating a positive trend in the market. The company has a strong presence in the global retail real estate market, providing stability and potential for long-term growth. Simon Property Group, Inc. is a part of the S&P100 index, signifying its position as a significant player in the industry. The company's diversified business interests, including ownership of the NBA franchise Indiana Pacers, offer additional revenue streams and investment opportunities. With a history of successful acquisitions and developments, Simon Property Group, Inc. has demonstrated its ability to adapt to changing market conditions. Cons Investors should be bearish about investing in Simon Property Group, Inc. for these reasons: The retail real estate sector can be sensitive to economic downturns, impacting the company's revenue and profitability. Changes in consumer behavior, such as the shift towards online shopping, may pose challenges to traditional retail real estate businesses like Simon Property Group, Inc. Market volatility and interest rate fluctuations can affect the company's financial performance and stock valuation. Increased competition in the retail real estate industry could pressure Simon Property Group, Inc.'s market share and margins. Regulatory changes or legal issues related to real estate development and ownership could pose risks to the company's operations and financial health. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Simon Property Group pros and cons to contact@marketbeat.com. 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 analysts have issued twelve-month target prices for Simon Property Group's shares. 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 1.8%. 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 at the start of the year. Since then, SPG shares have increased by 0.1% and is now trading at $142.73. 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 Monday, May 6th 2024. View our SPG earnings forecast. How can I listen to Simon Property Group's earnings call? Simon Property Group will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745980". How were Simon Property Group's earnings last quarter? Simon Property Group, Inc. (NYSE:SPG) released its quarterly earnings data on Monday, February, 5th. The real estate investment trust reported $2.29 earnings per share for the quarter, missing analysts' consensus estimates of $3.34 by $1.05. The real estate investment trust earned $1.53 billion during the quarter, compared to analyst estimates 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%. The firm's quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the business earned $3.15 earnings per share. 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 declared a quarterly dividend on Monday, February 5th. Stockholders of record on Friday, March 8th will be given 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 5.46%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change 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 5.43%. 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 62.75% 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), iShares Cohen & Steers REIT ETF (ICF), FlexShares Global Quality Real Estate Index Fund (GQRE), Real Estate Select Sector SPDR Fund (XLRE), ALPS Active REIT ETF (REIT), SPDR Dow Jones REIT ETF (RWR), IQ CBRE Real Assets ETF (IQRA) and Invesco Active U.S. Real Estate ETF (PSR). How will Simon Property Group's stock buyback program work? Simon Property Group declared that its board has approved a share repurchase plan on Thursday, February 8th 2024, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 4.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is 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 guidance of 11.850-12.100 for the period, compared to the consensus 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 shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.46%), Allspring Global Investments Holdings LLC (0.09%), Sapient Capital LLC (0.09%), Raymond James & Associates (0.08%), Douglas Lane & Associates LLC (0.08%) and Zurcher Kantonalbank Zurich Cantonalbank (0.06%). Insiders that own company stock include Brian J Mcdade, 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 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsYour Money is Not SafeAmerican AlternativeThe World's First "$20 Trillion Drug?"Behind the MarketsThe only accurate crypto trading system I know …Weiss RatingsFed launches fourth dollar overhaulStansberry Research 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. 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