We are experiencing some temporary issues. The market data on this page are currently delayed. Please bear with us as we address this and restore your personalized lists.

U.S. markets closed

Simon Property Group, Inc. (SPG)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
66.88+0.53 (+0.80%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Price Crosses Moving Average

Price Crosses Moving Average

Previous Close66.35
Open66.75
Bid66.50 x 1100
Ask66.90 x 1100
Day's Range65.92 - 67.80
52 Week Range42.25 - 158.40
Volume2,954,235
Avg. Volume4,897,607
Market Cap20.458B
Beta (5Y Monthly)1.36
PE Ratio (TTM)11.75
EPS (TTM)5.69
Earnings DateNov 09, 2020
Forward Dividend & Yield5.20 (7.78%)
Ex-Dividend DateOct 08, 2020
1y Target Est80.75
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-16% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • J.C. Penney Rescue Deal Takes Another Step Forward
    Motley Fool

    J.C. Penney Rescue Deal Takes Another Step Forward

    The struggling retailer is one step closer to selling its retail business to the two biggest U.S. mall owners.

  • J.C. Penney Looks to Exit Bankruptcy Before the Holidays
    Motley Fool

    J.C. Penney Looks to Exit Bankruptcy Before the Holidays

    J.C. Penney (OTC: JCPN.Q) says it's continuing to make progress on its planned deal to sell itself to Simon Property Group (NYSE: SPG) and Brookfield Property Group (NASDAQ: BPY), and if the courts approve its sale, the retailer should exit bankruptcy before the holiday season. J.C. Penney was in deep financial trouble well before the coronavirus pandemic, but the temporary closure of nonessential businesses this spring -- which shuttered all of its brick-and-mortar locations -- pushed the retailer over the edge. J.C. Penney has a presence in 63 of Simon's shopping malls -- about half of them -- and it's in 99 of Brookfield's. Although the landlords could conceivably have subdivided those large spaces and rented them out to multiple occupants, retailers are finding the pandemic an inopportune time to expand their physical store footprints, so Simon and Brookfield might have been hard-pressed to find new tenants.

  • Motley Fool

    Where Will Simon Property Group Be in 3 Years?

    This year hasn't gone quite according to plan for retail REIT Simon Property Group (NYSE: SPG). The leading mall owner began 2020 by making a massive contrarian bet the retail apocalypse wouldn't crush the sector by sealing a deal to buy rival Taubman Centers (NYSE: TCO) back in February at a more than 50% premium. It also created a much hazier near-term outlook for the REIT.

  • Moody's

    Wells Fargo Commercial Mortgage Trust 2014-LC16 -- Moody's affirms five classes and downgrades two classes of WFCM 2014-LC16

    Moody's rating action reflects a base expected loss of 13.6% of the current pooled balance, compared to 6.2% at Moody's last review. Nine loans, constituting 5.4% of the pool, have defeased and are secured by US government securities.

  • Moody's

    Wells Fargo Commercial Mortgage Tr 2014-LC16 -- Moody's affirms five classes and downgrades two classes of WFCM 2014-LC16

    Moody's rating action reflects a base expected loss of 13.6% of the current pooled balance, compared to 6.2% at Moody's last review. Nine loans, constituting 5.4% of the pool, have defeased and are secured by US government securities.

  • Simon Property Group Announces Date For Its Third Quarter 2020 Earnings Release And Conference Call
    PR Newswire

    Simon Property Group Announces Date For Its Third Quarter 2020 Earnings Release And Conference Call

    Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its third quarter 2020 earnings release and conference call.

  • Moody's

    Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28 -- Moody's affirms eight classes of MSBAM 2016-C28

    The ratings on six principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The ratings on two interest-only (IO) classes were affirmed based on the credit quality of the referenced classes.

  • JCP Bankruptcy Sale Talks Enter Mediation Phase
    WWD

    JCP Bankruptcy Sale Talks Enter Mediation Phase

    The retailer and its lenders, Simon and Brookfield, are in mediation to push through sales discussions amid timing pressures.

  • J.C. Penney Sale Talks Stall Ahead of Crucial Holiday Season
    Bloomberg

    J.C. Penney Sale Talks Stall Ahead of Crucial Holiday Season

    (Bloomberg) -- A plan to sell bankrupt J.C. Penney Co.’s retail operations to its two biggest landlords stalled this week, raising the prospect that creditors will carry the burden of millions of dollars in extra costs as the retailer prepares for the crucial holiday season.Talks between J.C. Penney’s lenders and the would-be buyers, mall owners Simon Property Group Inc. and Brookfield Property Partners LP, broke down in recent days, according to people with knowledge of the negotiations. The landlords missed several deal deadlines as communication between the parties lapsed, the people added.The two sides will now turn to mediation to help them determine if they can close the deal, and on what terms, according to the people, who asked not to be identified discussing private information. They met to begin that process Wednesday, the people said.An attorney for the company has said disputes won’t stand in the way of a final agreement. Representatives for Brookfield, Simon, J.C. Penney and its lender group didn’t comment.Holiday OrdersThe standstill comes ahead of J.C. Penney’s most crucial quarter, since retailers typically make much of their annual revenue in the period between Thanksgiving and the new year.At stake in coming weeks is financial responsibility for tens of millions of dollars of orders, including merchandise the company must have in stock for holiday shopping.Creditors say J.C. Penney’s original sale plan called for the deal to close around October 3, according to a regulatory filing Wednesday. A further delay in closing the deal threatens to put the holiday purchasing burden onto the group of creditors running J.C. Penney in its bankruptcy.If the sale closes after orders are made, the landlords would still reap the rewards of the holiday revenue without shouldering the inventory risk.Meanwhile, competitors like Walmart Inc. have moved holiday sales even earlier this year amid concerns about inventory availability and a worsening spread of the new coronavirus that could reduce in-person shopping.Purchase PriceJ.C. Penney said in the filing that the parties were discussing whether the price of the deal must change based on the shifting timeline. Under the original proposal, Simon and Brookfield would pay $800 million for Penney’s operations while lenders would swap $1 billion in debt for 160 stores, six distribution centers and a lease agreement with the landlords.The case has dragged on since the department store chain filed for bankruptcy in May, prompting worry from lenders as the retailer continued to bleed cash. The deal with Simon and Brookfield, announced last month, would preserve 70,000 jobs and keep the chain alive, but has sparked controversy from creditors.Aurelius Capital Management is part of a group that says it’s making its own cash bid for Penney to counter an offer from lenders led by H/2 Capital Partners.(Updates to reference ongoing mediation and lawyer comments in third, fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • The Hidden Loser in AMC Entertainment's Collapse
    Motley Fool

    The Hidden Loser in AMC Entertainment's Collapse

    The movie theater industry is vanishing before our eyes. After reopening theaters in August, Cineworld Group (LSE: CINE) (OTC: CNNW.F) subsidiary Regal Cinemas, the nation's No. 2 chain, said it would temporarily close all 536 of its theaters earlier this month, a reflection of lackluster demand and studio releases repeatedly being delayed until audiences feel comfortable crowding into a movie theater again. Now, there are signs that AMC Entertainment (NYSE: AMC), the biggest movie theater operator in the U.S. and globally, could file for Chapter 11 bankruptcy protection by the end of the year if it doesn't get additional financing.