SPG - Simon Property Group, Inc.
After hours:
Chart Events
Commodity Channel Index
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 102.36 |
| Open | 102.98 |
| Bid | 102.86 x 1100 |
| Ask | 104.50 x 800 |
| Day's Range | 102.70 - 103.86 |
| 52 Week Range | 86.02 - 133.08 |
| Volume | |
| Avg. Volume | 1,527,101 |
| Market Cap | 38.742B |
| Beta (5Y Monthly) | 1.54 |
| PE Ratio (TTM) | 15.68 |
| EPS (TTM) | 6.60 |
| Earnings Date | Jul 31, 2023 - Aug 04, 2023 |
| Forward Dividend & Yield | 7.40 (7.23%) |
| Ex-Dividend Date | Jun 08, 2023 |
| 1y Target Est | 130.27 |
Fair Value
Related Research
ZacksSimon (SPG) Partners With The Webster to Revamp Luxury Shopping
Simon (SPG) collaborates with The Webster to introduce three new luxury boutiques. This strategic move promises to transform the luxury shopping landscape.
PR NewswireThe Webster Set to Open Three New Locations by end of 2024 with Simon®
Luxury multi-branded retailer, The Webster, announced today that they will be expanding their physical store footprint with the opening of three new boutiques beginning in the fall of 2023. In collaboration with Simon®, the brand will open the new boutiques at The Shops at Riverside (New Jersey) in early October of 2023, Lenox Square (Atlanta) in late Summer 2024, and The Domain (Austin) in early Fall 2024. These new boutiques will build on an already successful collaboration between Simon and T
PR NewswireSimon® Expands Successful Digital Search Platform To The Mills® and Premium Outlets®
Simon® announced the expansion of its successful digital search platform, Simon Search™, to The Mills® and Premium Outlets®. Simon Search was launched in June 2022 and is now available at 187 Simon destinations, allowing shoppers to search their favorite Simon center for what they're looking for across 50+ brands at over 3,300 stores, conveniently accessible via the Simon website and app, as well as on-mall digital directories.
TheStreet.comBeloved Discount Retailer Makes a Bold Bet on Malls
A fan favorite discount retailer is going after retail space, that most companies are shying away from at this time, malls. Simon Property Group's mall locations were impacted by the closing of some major retail department stores like Sears, who had been around for over 100 years. Simon properties has made use of its vacancies even with a study done two years ago showing that roughly one out of every four shopping malls would be closed within three to five years.
Motley FoolWhy Is Simon Property's Dividend So High?
The Federal Reserve's spate of aggressive rate hikes has had all sorts of effects on the broader U.S. economy, including putting real estate investment trusts (REITs) in the discount bin. As a general rule, real estate investment trusts don't react well to rate hikes because they use a lot of debt to finance their operations and rising rates increase their borrowing costs. The market knows this and tends to sell off its holdings in REITs when rates start rising.
Motley Fool3 Dividend Stocks Yielding 4%+ That Are Screaming Buys Right Now
Crown Castle (NYSE: CCI), Brookfield Asset Management (NYSE: BAM), and Simon Property (NYSE: SPG) currently stand out to a few Fool.com contributors for their outsize yields. Marc Rapport (Crown Castle): If someone needs to get in touch with you right now and scream about a great stock buy, there's a decent chance that Crown Castle will be the subject of that message.
- Zacks
Simon (SPG) Partners With Five Below to Boost Sales & Traffic
Simon (SPG) declares a partnership expansion with a leading retailer of trendy products for teens and tweens to open more stores at its properties by 2023.
- PR Newswire
Simon® Expands Relationship with Five Below in 2023
Simon® and Five Below are expanding their relationship by adding more locations at Simon's industry leading portfolio, including Premium Outlets®. Five Below will bring an array of items for tweens, teens, and beyond, into at least seven different Premium Outlets.
BloombergChef Jose Andres Wins Exemption for Gas Stoves in New Restaurant
(Bloomberg) -- Celebrity chef Jose Andres was given an exception to use gas appliances in his new Palo Alto restaurant, illustrating the growing push back against gas-stove bans in the US.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballySingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsWall Street Fears $1 Trillion Aftershock From Debt DealThe $120 Million Ghost Ship Antigua
Motley FoolShould You Buy the 5 Highest-Paying Dividend Stocks In the S&P 500?
If you are looking to generate additional income or balance out your portfolio with some great dividend-paying stocks, there are many excellent options to choose from among the stocks in the S&P 500. Or you could go right to the S&P 500 and pick the stocks with the five highest dividend yields. The stocks that currently have the highest dividend yields on the S&P 500 are Altria Group (NYSE: MO) (8.2%); V.F. Corp (NYSE: VFC) (6.9%); Newell Brands (NASDAQ: NWL) and Verizon Communications (NYSE: VZ) (6.3% each); and Simon Property Group (NYSE: SPG) (6.1%).
Insider MonkeyMorgan Stanley’s Top 15 Stock Picks For 2023
In this piece, we will take a look at Morgan Stanley’s top 15 stock picks for 2023. For more Morgan Stanley stocks, head on over to Morgan Stanley’s Top 5 Stock Picks For 2023. If there’s one thing that can be said for sure about 2022, it’s that the year turned out to be a […]
- Insider Monkey
Morgan Stanley’s Top 5 Stock Picks For 2023
In this piece, we will take a look at Morgan Stanley’s top five stock picks for 2023. For more Morgan Stanley stocks, head on over to Morgan Stanley’s Top 15 Stock Picks For 2023. 5. Palo Alto Networks (NASDAQ:PANW) Share Price Upside: 34% Number of Hedge Fund Holders In Q4 2022: 85 Palo Alto Networks […]
InvestorPlace3 Dividend Stocks to Sell as the Real Estate Sector Crashes in 2023
Investors love high-yield dividend stocks with good reason. Dividend investments provide a strong income stream and can help investors remain calm in a volatile market. However, there are some dividend trap stocks out there as not all are created equal. After all, a dividend generally comes out of a company’s earnings and cash flows. If earnings and cash flows decline, the safety of the dividend must be called into question. Given the current economic storm, there is a particularly high level of
Barrons.comApple, Pepsi, and 4 More Companies That Raised Their Stock Dividends This Week
Apple PepsiCo and Simon Property Group were among the large U.S. companies that announced dividend increases this week. The next dividend is payable on May 18 to shareholders of record at the close of business on May 15. This marks the 11th straight year in which the company will have increased its quarterly dividend.
- Thomson Reuters StreetEvents
Q1 2023 Simon Property Group Inc Earnings Call
Q1 2023 Simon Property Group Inc Earnings Call
ZacksSimon Property (SPG) Misses on Q1 FFO, Raises '23 Outlook
Simon Property's (SPG) Q1 results reflect better-than-anticipated revenues. However, higher operating expenses were a woe. The company also raises its 2023 FFO per share outlook and dividend.
Motley FoolSimon Property Group (SPG) Q1 2023 Earnings Call Transcript
Presenting on today's call is David Simon, chairman, chief executive officer, and president. All platforms achieved record sales level, including the mills at $683 a foot, a 2.2%, and TRG was $1,100 per square foot, a 6% increase.
ZacksSimon Property (SPG) Q1 FFO Miss Estimates
Simon Property (SPG) delivered FFO and revenue surprises of -2.14% and 1.08%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
Simon® Reports First Quarter 2023 Results and Increases Full Year 2023 Guidance and Raises Quarterly Dividend
Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended March 31, 2023.
- Zacks
Is a Beat in Store for Simon Property (SPG) in Q1 Earnings?
Resilient demand for Simon Property's (SPG) properties and focus on mixed-use assets are likely to have aided its Q1 earnings.
ZacksKimco (KIM) Q1 FFO Meets, Revenues Beat, '23 View Revised
Kimco's (KIM) Q1 earnings outshine estimates on better-than-anticipated revenues. Rental rate growth and a rise in occupancy aid its performance. The company revises its 2023 FFO per share outlook.
ZacksSITE Centers (SITC) Stock Up on Q1 OFFO & Revenue Beat
SITE Centers (SITC) reports better-than-anticipated Q1 results on the back of healthy leasing activity and year-over-year growth in base rent per square foot. It raises its outlook for 2023.
ZacksSimon Property (SPG) Stock Sinks As Market Gains: What You Should Know
Simon Property (SPG) closed at $110.66 in the latest trading session, marking a -0.1% move from the prior day.
Motley FoolWhy Is Macerich's Dividend So High?
The mall REIT is counted among the industry leaders, but its finances aren't nearly as strong as its main peer.
- PR Newswire
Simon® Announces Date For Its First Quarter 2023 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 first quarter earnings release and conference call.
