U.S. Markets close in 5 hrs 44 mins

Simon Property Group, Inc. (SPG)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
88.74+1.49 (+1.71%)
As of 10:16AM EST. Market open.
Sign in to post a message.
  • T
    Tom
    Is there going to be any movement on an Amazon partnership? Amazon was also bidding on J.C.Penney I believe, because they want a mall-located presence for logistics, etc.. But maybe the ship has sailed on that? Any thoughts welcomed.
    Bullish
  • K
    Kazo
    tenants are not paying rent, foot traffic is down, hospitalization rate is picking... not good time for retail, better off wait till mid 2021 for the picture to clear. premature vaccine optimism does nothing for the company cash flow position
    Neutral
  • S
    Steve
    odd it's down pre market on good news
  • C
    Cheryl
    Vaccine available for first responders in the next two weeks and available for all end of March/April. Light at the end of the tunnel. SPG got JCP for nothing and TCO at a deep discount. History will show the pandemic to be company changing for SPG. David is a sharp cat!
  • R
    RetiredCEO
    $REI-UN.TO conversation
    Low rates for longer. Bullish tailwind for earnings and NAV increases.

    $SPG $BPY

    https://finance.yahoo.com/news/feds-evans-sees-no-rate-210530610.html
  • C
    Cheryl
    Will SPG hit my year end price target of $100?
  • R
    RetiredCEO
    $REI-UN.TO conversation
    Another institution buying up REIT units for the predictable recovery.

    $SPG $BPY

    https://finance.yahoo.com/news/josh-brown-predicts-end-market-163113425.html
  • E
    Effsocialism
    All the REITS are going to go higher. 0% interest rate environment and cash flows are still tremendous. Restore old dividends and SPG, SKT, MAC and others are just too heavily shorted for the definitive recovery.
  • R
    RetiredCEO
    $D-UN.TO conversation
    How many times in your investing lifetime can you buy such high quality REITs at such massive discounts to NAV? Look at the charts as far back as you can and see when it has been the best times to buy. Prime, top quality assets that pay big and arguably very safe yields currently on sale and primed for the recovery. Real assets. Real income.

    $SPG $BPY $MAC $RIOCF $HRUFF
    Bullish
  • z
    zeanah
    Does anyone else ever read (http://Pick-stocks.com)? They just mentioned SPG this morning.
  • R
    RetiredCEO
    $HR-UN.TO conversation
    NEW! UK may approve Pfizer vaccine next week, beating the USA to approval. The USA wont be far behind and lose their spot in line for vaccine deliveries. Link Below

    https://globalnews.ca/news/7490453/coronavirus-vaccine-uk-pfizer-approval/

    "Britain is set to approve the coronavirus vaccine developed by BioNTech and Pfizer next week and deliveries would begin within hours of the authorization, the Financial Times reported on Saturday."

    $SPG $BPY
  • G
    Gary
    good friday mall traffic down by more than 50% ...ok ...so what ...the markets expect that ... the rising price is due to expectations about the future. there will be some dark days before things improve, but smart investors see the light at the end of the tunnel and position themselves accordingly...gl
  • N
    Natacha
    I guess we will get the news secondary offering was a success with an average of 80$ instead of 72.50$
    Bullish
  • U
    Uzz
    this was a great short position for me, thanks Simon!
    Bearish
  • M
    Mr. Investor
    Okay. This is my opinion on the share dilution. Taubman Annual Diluted EPS pre-covid $3.32. Now SPG owns 80% of Taubman. Which gives us an addition Annual Diluted EPS of $2.65. SPG Annual diluted EPS pre-covid was $6.81. Add $2.65 gives us Annual Diluted EPS of $9.46. Now lets factor in share dilution. Total shares outstanding SPG 305 Million. Plus 20,125,000 new shares. That is an dilution of 6.6% to existing share holders. New Diluted EPS with taubman $9.46. Take away 6.6%. Gives existing shareholders $8.84 in EPS. An increase in EPS of $2.03! Way better than pre-covid levels!! So, there in no need to be bearish. This company is set to outperform as soon as this pandemic crisis ends!
    Bullish
  • M
    Mickey
    if they have an offering of 22 mil shares shouldnt the price be going down? what am I missing
  • G
    Gary
    drove past very large mall the other day and i was surprised to see so many cars there. it wasn't like last year, but there were still a lot of shoppers. i would say 85% full parking lot. last year you couldn't find parking. overall, though, the good malls like the one i drove past will survive until the vaccine is out - and then there will be this appreciation for being able to go out ...this pent up demand ....
  • T
    Tom
    Anyone have thoughts about when we might hear more news about an Amazon partnership? Joe said that David Simon said there would be no deal, but I listened to the earnings call and reading between the lines I think he said exactly the opposite. The analyst who asked was just sheepish and got an appropriately coy answer in return.
    Bullish
  • R
    RetiredCEO
    $REI-UN.TO conversation
    Link at bottom. Much more in depth explanation of how the EUA is expected to go down. I learned a lot. Interesting the EUA approval could be much earlier than I expected, as early as just after Thanksgiving, and the meeting on the 8th to 10th is only an outside party to review the data further. This is likely to get public confidence that it is not just the government OK'ing the vaccine.

    ----

    Concurrently, a group at the Centers for Disease Control and Prevention - the Advisory Committee on Immunization Practices (ACIP) - is scheduled to hold a meeting on Monday, November 23.

    However, once the FDA does authorize a vaccine, ACIP will meet within 24 to 48 hours and discuss if everyone should get the vaccine, or if some groups should be excluded, and who should receive it first.

    'If all this data holds true - and I'm hopeful that it will and I believe that it will - then I suspect we could have an EUA for one or potentially even two vaccines shorty after Thanksgiving,' he said.

    ----

    Cliff Notes
    FDA Meets and approves the Vaccine shortly after Thanksgiving. Then an outside party, Vaccines and Related Biological Products Advisory Committee will meet between December 8 and 10 for an outside review of the FDA's findings.

    $SPG $BPY $SPG

    https://www.dailymail.co.uk/health/article-8962409/FDAs-vaccine-advisory-meeting-planning-meet-early-December-discuss-coronavirus-jabs.html
  • j
    jack
    I was waiting for a pull back...but's it's not coming....it's only growing.... I wish they would go down a bit so I can invest in this amazing dividend & growth stock. Better than a FAANG stock.
    Bullish