|Day's Range||8.93 - 9.15|
|52 Week Range||8.61 - 19.92|
|PE Ratio (TTM)||-52.09|
|Dividend & Yield||0.76 (8.48%)|
|1y Target Est||N/A|
During 1Q17, General Growth Properties' (GGP) occupancy rate (same-store leased percentage) fell to 95.9% from 96.6% in 1Q16.
General Growth Properties (GGP), the country's largest mall owner, has seen declining revenues for the past few quarters. GGP's revenues during 1Q17 came in at $566.3 million.
Despite the belief that US malls are giving way to e-commerce, malls are adapting to consumers' changing needs. Mall owner GGP (GGP) has been able to maintain its earnings streak since 2012.