NYSE:SPG Simon Property Group (SPG) Stock Price, News & Analysis → READ THIS – If You Missed Out On The AI Boom (From Banyan Hill Publishing) (Ad) Free SPG Stock Alerts $147.69 -1.44 (-0.97%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$147.64▼$150.0050-Day Range$140.18▼$156.4952-Week Range$100.17▼$157.82Volume1.31 million shsAverage Volume1.27 million shsMarket Capitalization$48.13 billionP/E Ratio18.81Dividend Yield5.28%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/Downside5.1% Downside$140.22 Price TargetShort InterestHealthy1.41% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.10Upright™ Environmental ScoreNews Sentiment0.66Based on 33 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.3.93 out of 5 starsFinance Sector341st out of 876 stocksReal Estate Investment Trusts Industry63rd out of 182 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.Read more about Simon Property Group's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.41% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Simon Property Group has recently decreased by 4.39%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipSimon Property Group is a leading dividend payer. It pays a dividend yield of 5.40%, 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 101.91%. 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 64.36% next year. This indicates that Simon Property Group will be able to sustain or increase its dividend.Read more about Simon Property Group's 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 2.6 News and Social Media Coverage News SentimentSimon Property Group has a news sentiment score of 0.66. 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 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 33 news articles for Simon Property Group this week, compared to 9 articles on an average week.Search InterestOnly 40 people have searched for SPG on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Simon Property Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -66% 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.Read more about Simon Property Group's insider trading history. 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 21.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Simon Property Group is 21.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.03.Price to Earnings Growth RatioSimon Property Group has a PEG Ratio of 7.50. 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 14.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Simon Property Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. 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 29, 2024 | marketbeat.com3 Companies Buying Back Cheap Stock LatelyInvestors tend to focus on two things when measuring the performance of their investments, particularly in stocks. The lion's share is taken by appreciation, the classic 'buy low and sell high' behavior, with a second focus on bragging about quarterly – and sometimes monthly – dividend income.April 29, 2024 | marketbeat.com3 Companies Buying Back Cheap Stock Lately (SPG)Three companies are now considered cheap enough for insiders to start buying; high profit margins and price discounts make for potential wealth compoundersMay 10, 2024 | Stansberry Research (Ad)Biggest hedge fund manager has huge warning for U.S. dollarPrescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."April 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.May 10, 2024 | seekingalpha.comSimon Property Group: Still A Buy For Long-Term Dividend Growth InvestorsMay 10, 2024 | markets.businessinsider.comAnalysts Conflicted on These Real Estate Names: Simon Property (SPG) and HASI (HASI)May 9, 2024 | finance.yahoo.comDecoding Simon Property Group Inc (SPG): A Strategic SWOT InsightMay 10, 2024 | Stansberry Research (Ad)Biggest hedge fund manager has huge warning for U.S. dollarPrescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."May 9, 2024 | americanbankingnews.comSimon Property Group, Inc. to Post Q1 2026 Earnings of $3.04 Per Share, Zacks Research Forecasts (NYSE:SPG)May 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on Real Estate Companies: Apple Hospitality REIT (APLE), Simon Property (SPG) and Vornado Realty (VNO)May 7, 2024 | seekingalpha.comSimon Property Group Q1 Results: A 'Hold' Due To Its Premium ValuationMay 7, 2024 | finance.yahoo.comSimon Property Group, Inc. (NYSE:SPG) Q1 2024 Earnings Call TranscriptMay 7, 2024 | investorplace.comThe 3 Best REITs to Buy in May 2024May 7, 2024 | finance.yahoo.comSimon Property Group Inc (SPG) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth and ...May 7, 2024 | pymnts.comSimon Property Group Sees ‘Big Comeback’ in MallsMay 7, 2024 | fool.comSimon Property Group (SPG) Q1 2024 Earnings Call TranscriptMay 6, 2024 | pymnts.comSimon Property Group Sees ‘Big Comeback' in MallsMay 6, 2024 | msn.comSimon Property lifts 2024 guidance, raises dividend; Q1 revenue beats easilyMay 6, 2024 | finance.yahoo.comSimon Property Group Surpasses Q1 Analyst Expectations with Robust Earnings GrowthMay 6, 2024 | prnewswire.comSimon® Reports First Quarter 2024 Results, Increases Full Year 2024 Guidance and Raises Quarterly DividendMay 4, 2024 | americanbankingnews.comSimon Property Group, Inc. (NYSE:SPG) Given Consensus Recommendation of "Moderate Buy" by AnalystsMay 2, 2024 | bizjournals.comEuropean retailer Mango to open third Houston location in The GalleriaMay 2, 2024 | investorplace.comStock Market Crash Warning: Don't Get Caught Holding These 3 REITsMay 2, 2024 | americanbankingnews.comDynex Capital (NYSE:DX) and Simon Property Group (NYSE:SPG) Financial ComparisonApril 30, 2024 | bizjournals.comArden Fair owners file lawsuit accusing Forever 21 of falling behind on rentApril 28, 2024 | finance.yahoo.com25 Richest Billionaires in Real Estate IndustrySee 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 3/29 Dividend3/07/2024Dividend Payable3/29/2024Last Earnings5/06/2024Today5/10/2024Ex-Dividend for 6/28 Dividend6/07/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/07/2024Fiscal 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-5.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$7.85 Trailing P/E Ratio21.19 Forward P/E Ratio12.26 P/E Growth7.5Net 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$5.75 billion Price / Sales8.38 Cash Flow$11.92 per share Price / Cash Flow12.41 Book Value$10.06 per share Price / Book14.70Miscellaneous Outstanding Shares325,899,000Free Float297,872,000Market Cap$48.20 billion OptionableOptionable Beta1.68 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 of Business Solutions & Chief Technology OfficerMr. Thomas Ward (Age 55)Senior Vice President of Investor Relations Lee SterlingChief Marketing OfficerMore ExecutivesKey CompetitorsRealty IncomeNYSE:OKimco RealtyNYSE:KIMPublic StorageNYSE:PSADigital Realty TrustNYSE:DLRCrown CastleNYSE:CCIView All CompetitorsInsiders & InstitutionsTocqueville Asset Management L.P.Sold 1,999 shares on 5/10/2024Ownership: 0.010%Intech Investment Management LLCSold 7,501 shares on 5/10/2024Ownership: 0.003%Banco Santander S.A.Bought 2,830 shares on 5/10/2024Ownership: 0.001%Viawealth LLCSold 190 shares on 5/10/2024Ownership: 0.000%Clearstead Trust LLCBought 158 shares on 5/10/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 brokers have issued 1 year price objectives for Simon Property Group's shares. Their SPG share price targets range from $106.00 to $172.00. On average, they predict the company's share price to reach $140.22 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. 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 at the beginning of 2024. Since then, SPG shares have increased by 3.5% and is now trading at $147.69. 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 Wednesday, August 7th 2024. View our SPG earnings forecast. How were Simon Property Group's earnings last quarter? Simon Property Group, Inc. (NYSE:SPG) posted its earnings results on Monday, May, 6th. The real estate investment trust reported $2.25 EPS for the quarter, missing the consensus estimate of $2.80 by $0.55. The real estate investment trust earned $1.44 billion during the quarter, compared to analysts' expectations of $1.31 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 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.74 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, May 6th. Investors of record on Friday, June 7th will be paid a dividend of $2.00 per share on Friday, June 28th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date of this dividend is Friday, June 7th. This is a boost from the stock's previous quarterly dividend of $1.95. Read our dividend analysis for SPG. Is Simon Property Group a good dividend stock? Simon Property Group (NYSE:SPG) pays an annual dividend of $8.00 per share and currently has a dividend yield of 5.40%. 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 101.91%. 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 64.36% 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), SPDR Dow Jones REIT ETF (RWR), ALPS Active REIT ETF (REIT), Invesco Active U.S. Real Estate ETF (PSR) and IQ CBRE Real Assets ETF (IQRA). How will Simon Property Group's stock buyback program work? Simon Property Group declared that its board has approved a stock buyback program on Thursday, February 8th 2024, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.2% of its shares through open market purchases. Shares repurchase programs are generally an indication 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, May, 6th. The company provided earnings per share guidance of 12.750-12.900 for the period, compared to the consensus estimate of 12.080. 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. (14.23%), Daiwa Securities Group Inc. (1.29%), Bank of New York Mellon Corp (0.78%), Centersquare Investment Management LLC (0.56%), Russell Investments Group Ltd. (0.49%) and Sumitomo Mitsui Trust Holdings Inc. (0.46%). 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 5/10/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingHe Is Giving Away BitcoinCrypto Swap ProfitsMissed NVDA? Buy this AI stock NOWChaikin AnalyticsCharles Payne Demystifies OptionsUnstoppable ProsperityYou need to know these two things about AI stocks ASAP…InvestorPlaceGold ManiaStansberry ResearchShocking: One AI startup's revenue could surge 4,735%Manward Press 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. 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