|Bid||21.190 x 1400|
|Ask||21.200 x 6000|
|Day's Range||20.970 - 21.210|
|52 Week Range||18.830 - 24.230|
|PE Ratio (TTM)||33.68|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||0.88 (4.22%)|
|1y Target Est||23.40|
Simon Property Group (SPG) is set to release its second-quarter results on July 30. The figure reflects a potential YoY (year-over-year) improvement of 17.8%. Analysts seem to be backing their robust growth expectations given the improved economy, rising consumer spending, and Simon Property’s strategic initiatives to drive its mall traffic.
GGP Inc. (“GGP”) (GGP) today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”) have both recommended that GGP stockholders vote “FOR” the merger proposal (Proposal 1) and “FOR” the related charter and bylaws proposals (Proposals 2 – 7), each as described in GGP’s definitive proxy statement for the special meeting of its stockholders to be held on July 26, 2018 at 9:00 a.m. (Chicago Time) in connection with GGP’s proposed acquisition by Brookfield Property Partners L.P. (“BPY”).
As previously announced, on March 26, 2018, GGP Inc. (“GGP”) (GGP) and Brookfield Property Partners L.P. (“BPY”) entered into a definitive agreement pursuant to which BPY will acquire all of the shares of GGP common stock, par value $0.01 per share, that BPY and its affiliates do not already own, through a series of transactions (collectively, the “Transactions”), including the declaration of a special dividend. As more fully described in the Merger Agreement (as defined below), the special dividend is payable to the holders of record of shares of GGP common stock (not including restricted shares of GGP common stock) as of the end of trading on the New York Stock Exchange (the “NYSE”) on the first business day following receipt of the requisite stockholder approval of the Transactions and following the exchange of all shares of GGP common stock held by certain affiliates of BPY for series B preferred stock to be authorized and issued by GGP pursuant to the terms of the Merger Agreement (the “Pre-Closing Dividend”).
The proposed changes will redevelop the former Macy's location that closed in March. It spans nearly 300,000 square feet of space, and will give the regional mall a chance to attract new tenants and customers.
LONDON, UK / ACCESSWIRE / July 2, 2018 / If you want a free Stock Review on GGP sign up now at www.wallstequities.com/registration. On Friday, June 29, 2018, US markets saw broad based gains with six out of nine sectors finishing the trading sessions in green.
Round One continues Coronado Center's transformation. In just the past year the mall has seen a slew of restaurants and retail fronts, including The Container Store, Blaze Pizza, Roll Avenue, Lolli & Pops and the upcoming R Tacos.
NEW YORK, June 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Coca-Cola ...
The owner of Louisville's Oxmoor Center aims to add three new restaurants near a proposed three-story Topgolf facility on the south side of the complex. Chicago-based GGP Inc. filed a development plan with Louisville Metro Planning & Design Services on Monday to establish a little more than 34,000 square feet of new restaurant space adjacent to a proposed Topgolf on the site of a shuttered Sears store and its adjoining parking lot. According to a site plan filed with the application, a standalone restaurant of 6,500 square feet would be constructed next to the proposed Topgolf and include nearly 2,000 square feet of outdoor dining space.
Moody's Investors Service, ("Moody's") has upgraded the ratings on four classes and affirmed the ratings on ten classes in Morgan Stanley Bank of America Merrill Lynch Trust 2012-C6 as follows: ...
LAS VEGAS , June 14, 2018 /PRNewswire/ -- GES Events , which creates memorable and engaging brand experiences that drive traffic, announced it received two Silver ICSC Global MAXI Awards . The MAXI Awards ...
LONDON, UK / ACCESSWIRE / May 30, 2018 / If you want a free Stock Review on GGP sign up now at www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on DDR Corp. (NYSE: DDR), EPR Properties (NYSE: EPR), Federal Realty Investment Trust (NYSE: FRT), and GGP Inc. (NYSE: GGP). Companies in the Retail REIT space own and operate retail properties.
It’s never been tougher to be a mall operator, but some of the Bay Area’s biggest are spending heavily to meet the demands of the 21st Century.
LAS VEGAS, May 19, 2018 /PRNewswire/ -- Las Vegas' premier shopping destination, Fashion Show Las Vegas has doubled-down on its commitment to public art with the debut of a larger than life art light installation, Global Rainbow, along with its all-new sculpture garden. The pair of art displays were unveiled on Friday evening with a special lighting ceremony - showcasing a colorful future at Fashion Show.
GGP Inc (NYSE:GGP) generated a below-average return on equity of 6.93% in the past 12 months, while its industry returned 7.70%. An investor may attribute an inferior ROE to aRead More...
If you’re looking for the best income-producing investment, stocks that consistently increase their annual dividend are a great way to build passive income. While there is no best way to invest for income, there are some different methods you can use to grow your investment portfolio without taking a lot of risks. Here’s three stocks yielding 1%, 3%, and 5%, that I believe will help you generate passive income over the long haul.
NEW YORK, May 10, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of EQT ...
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. In the past 10 years GGP IncRead More...