Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
SPG

SPG - Simon Property Group Inc Stock Price, Fair Value and News

148.79USD+0.13 (+0.09%)Delayed

Market Summary

SPG
USD148.79+0.13
Delayed
0.09%

SPG Alerts

  • Big jump in Earnings (Y/Y)

SPG Stock Price

View Fullscreen

SPG RSI Chart

SPG Valuation

Market Cap

48.5B

Price/Earnings (Trailing)

16.5

Price/Sales (Trailing)

8.43

Price/Free Cashflow

12.51

SPG Price/Sales (Trailing)

SPG Profitability

Return on Equity

81.99%

Return on Assets

8.72%

Free Cashflow Yield

7.99%

SPG Fundamentals

SPG Revenue

Revenue (TTM)

5.8B

Rev. Growth (Yr)

6.79%

Rev. Growth (Qtr)

-5.55%

SPG Earnings

Earnings (TTM)

2.9B

Earnings Growth (Yr)

61.99%

Earnings Growth (Qtr)

-2.13%

Breaking Down SPG Revenue

Last 7 days

0.7%

Last 30 days

5.6%

Last 90 days

-0.8%

Trailing 12 Months

41.0%

How does SPG drawdown profile look like?

SPG Financial Health

Debt/Equity

7.12

Debt/Cashflow

0.15

SPG Investor Care

Buy Backs (1Y)

0.32%

Diluted EPS (TTM)

7.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20245.8B000
20235.3B5.4B5.5B5.7B
20225.2B5.2B5.2B5.3B
20214.5B4.7B4.9B5.1B
20205.7B5.3B5.0B4.6B
20195.7B5.7B5.7B5.8B
20185.6B5.6B5.6B5.6B
20175.4B5.5B5.5B5.5B
20165.4B5.4B5.4B5.4B
20154.9B5.1B5.2B5.3B
20144.6B4.7B4.8B4.9B
20134.8B4.7B4.6B4.5B
20124.4B4.6B4.7B4.9B
20114.1B4.2B4.3B4.3B
20103.8B3.8B3.9B4.0B
20093.8B3.8B3.8B3.8B
200803.7B3.7B3.8B
20070003.7B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Simon Property Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 08, 2024
aeppel glyn
acquired
-
-
1,312
-
May 08, 2024
jones nina p
acquired
-
-
1,277
-
May 08, 2024
glasscock larry c
acquired
-
-
1,486
-
May 08, 2024
lewis randall j
acquired
-
-
1,277
-
May 08, 2024
hubbard allan b
acquired
-
-
1,312
-
May 08, 2024
smith daniel c.
acquired
-
-
1,277
-
May 08, 2024
selig stefan m
acquired
-
-
1,329
-
May 08, 2024
rodkin gary m
acquired
-
-
1,259
-
May 08, 2024
leibowitz reuben s
acquired
-
-
1,399
-
May 08, 2024
stewart marta r
acquired
-
-
1,347
-

1–10 of 50

Which funds bought or sold SPG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 17, 2024
Kozak & Associates, Inc.
added
10.9
5,062
43,788
0.01%
May 17, 2024
Aspect Partners, LLC
added
3.51
1,102
9,233
0.01%
May 17, 2024
Plato Investment Management Ltd
added
2,869
2,044,730
2,109,480
0.22%
May 17, 2024
New Covenant Trust Company, N.A.
new
-
16,431
16,431
0.02%
May 17, 2024
CCM INVESTMENT ADVISERS LLC
reduced
-5.25
79,877
2,103,220
0.25%
May 16, 2024
Arete Wealth Advisors, LLC
sold off
-100
-527,580
-
-%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-7,560
-
-%
May 16, 2024
EJF Capital LLC
reduced
-50.00
-257,580
312,980
0.22%
May 16, 2024
Tidal Investments LLC
added
19.53
472,278
2,005,660
0.03%
May 16, 2024
SkyView Investment Advisors, LLC
new
-
509,000
509,000
0.09%

1–10 of 43

Are Funds Buying or Selling SPG?

Are funds buying SPG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SPG
No. of Funds

Unveiling Simon Property Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
cohen & steers, inc.
7.13%
23,271,653
SC 13G/A
Feb 13, 2024
melvin simon & associates inc
3.8%
12,523,916
SC 13G/A
Feb 13, 2024
vanguard group inc
14.01%
45,707,505
SC 13G/A
Jan 29, 2024
state street corp
6.99%
22,791,960
SC 13G/A
Jan 24, 2024
blackrock inc.
10.3%
33,591,302
SC 13G/A
Jan 03, 2024
norges bank
5.51%
17,986,613
SC 13G
Feb 14, 2023
cohen & steers, inc.
6.64%
22,717,288
SC 13G/A
Feb 14, 2023
melvin simon & associates inc
3.7%
12,523,916
SC 13G/A
Feb 10, 2023
state street corp
7.05%
23,033,402
SC 13G/A
Feb 09, 2023
vanguard group inc
14.78%
48,316,915
SC 13G/A

Recent SEC filings of Simon Property Group Inc

View All Filings
Date Filed Form Type Document
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading

Simon Property Group Inc News

Latest updates
MarketWatch44 hours ago
Yahoo New Zealand News17 May 202411:46 am
Seeking Alpha21 Apr 202407:00 am

Simon Property Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-5.6%1,4431,5271,4111,3701,3511,4001,3161,2801,2961,3261,2971,2541,2401,1311,0611,0621,3531,4891,4171,3971,453
Costs and Expenses-3.8%707735717712688716664653676735684649635669657611698707711717708
  S&GA Expenses-100.0%-10.009.0010.009.0010.008.009.008.0010.007.007.007.005.003.007.007.007.008.0010.009.00
Interest Expenses2.5%231225212218199201188187185194200200202198202197188190202198199
Net Income-2.1%841859681558519773622569488574779706510313169291505590629572632
Net Income Margin10.5%0.51*0.46*0.46*0.45*0.46*0.46*0.43*0.46*0.49*0.50*0.47*0.36*0.29*0.28*0.31*0.38*0.41*0.42*0.47*--
Free Cashflow-25.4%7731,0379361,1298299329421,1017928858751,00287689561773.00741960961--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.7%33,69734,28332,96532,81933,29833,01132,79533,07933,45133,77733,94634,82834,41234,78731,66234,02634,12131,23233,84430,73330,842
    Cash Equivalents7.0%1,2511,1697698371,1556226025415155344381,2919361,0121,0823,3063,7256693,647480437
Liabilities-2.2%29,93530,59629,35229,29229,62129,18728,75928,98229,16129,37729,51830,61330,38431,12929,45831,50331,39828,10130,53727,13826,916
  Long Term Debt-2.0%25,51926,03311524,99025,57024,96024,64024,88625,17018025,58426,232-26,72325,14050027,55324,16326,64423,32523,186
Shareholder's Equity18.6%3,5853,0232,9533,3013,4533,1393,4773,5313,7333,8533,8753,7073,5163,4722,0162,3352,5112,9113,0803,3643,700
  Retained Earnings1.8%-5,987-6,095-6,218-6,189-6,069-5,926-6,046-6,012-5,948-5,823-5,789-5,931-6,087-6,102-5,953-5,703-5,583-5,379-5,223-5,122-4,979
  Additional Paid-In Capital-0.3%11,37111,40611,39311,21111,23111,23311,23111,21811,21411,21311,20111,19411,17711,1809,7629,7639,7689,7569,7489,7239,706
Shares Outstanding---326327327-327327329-329329329-306306306-307308309
Minority Interest2.1%478469458429449473456460477492497476452433263306329385408444487
Float----37,467---30,812---42,527---20,734---48,849-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-25.4%7731,0379361,1298299329421,1017928858751,00287689561773.007419609611,050837
Cashflow From Investing179.6%693-870-179-153-159-262-137-126-99.90-53.90-166-194-138-3,518-111-134-213-490-284-188-113
Cashflow From Financing-692.2%-1,384234-824-1,294-135-649-743-947-710-735-1,560-452-8132,553-2,729-3562,528-3,4462,491-819-801
  Buy Backs-100.0%-35.00----36.00---------153-1791748.00
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

SPG Income Statement

2024-03-31
Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUE:  
Lease income$ 1,302,671$ 1,248,185
Management fees and other revenues29,45528,949
Other income110,46473,715
Total revenue1,442,5901,350,849
EXPENSES:  
Property operating126,114111,748
Depreciation and amortization307,369307,059
Real estate taxes109,210111,159
Repairs and maintenance25,72822,174
Advertising and promotion28,08124,159
Home and regional office costs60,72356,820
General and administrative9,1329,107
Other41,05345,900
Total operating expenses707,410688,126
OPERATING INCOME BEFORE OTHER ITEMS735,180662,723
Interest expense(230,623)(199,429)
Gain on disposal, exchange, or revaluation of equity interests, net (Notes 3 and 6)414,769 
Income and other tax (expense) benefit(47,603)13,453
(Loss) income from unconsolidated entities(34,342)21,900
Unrealized (losses) gains in fair value of publicly traded equity instruments and derivative instrument, net(7,192)20,608
Gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net10,966 
CONSOLIDATED NET INCOME841,155519,255
Net income attributable to noncontrolling interests108,61966,594
Preferred dividends834834
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 731,702$ 451,827
BASIC AND DILUTED EARNINGS PER COMMON SHARE:  
Net income attributable to common stockholders - basic (in dollars per share)$ 2.25$ 1.38
Net income attributable to common stockholders - diluted (in dollars per share)$ 2.25$ 1.38
Consolidated Net Income$ 841,155$ 519,255
Unrealized gain on derivative hedge agreements27,7445,672
Net gain reclassified from accumulated other comprehensive loss into earnings(1,611)(501)
Currency translation adjustments(17,429)(751)
Changes in available-for-sale securities and other(626)194
Comprehensive income849,233523,869
Comprehensive income attributable to noncontrolling interests109,70567,189
Comprehensive income attributable to common stockholders739,528456,680
Simon Property Group, L.P.  
REVENUE:  
Lease income1,302,6711,248,185
Management fees and other revenues29,45528,949
Other income110,46473,715
Total revenue1,442,5901,350,849
EXPENSES:  
Property operating126,114111,748
Depreciation and amortization307,369307,059
Real estate taxes109,210111,159
Repairs and maintenance25,72822,174
Advertising and promotion28,08124,159
Home and regional office costs60,72356,820
General and administrative9,1329,107
Other41,05345,900
Total operating expenses707,410688,126
OPERATING INCOME BEFORE OTHER ITEMS735,180662,723
Interest expense(230,623)(199,429)
Gain on disposal, exchange, or revaluation of equity interests, net (Notes 3 and 6)414,769 
Income and other tax (expense) benefit(47,603)13,453
(Loss) income from unconsolidated entities(34,342)21,900
Unrealized (losses) gains in fair value of publicly traded equity instruments and derivative instrument, net(7,192)20,608
Gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net10,966 
CONSOLIDATED NET INCOME841,155519,255
Net income attributable to noncontrolling interests(1,470)762
Preferred dividends1,2661,313
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS841,359517,180
NET INCOME ATTRIBUTABLE TO UNITHOLDERS ATTRIBUTABLE TO:  
General Partner731,702451,827
Limited Partners$ 109,657$ 65,353
BASIC AND DILUTED EARNINGS PER COMMON SHARE:  
Net income attributable to common stockholders - basic (in dollars per share)$ 2.25$ 1.38
Net income attributable to common stockholders - diluted (in dollars per share)$ 2.25$ 1.38
Consolidated Net Income$ 841,155$ 519,255
Unrealized gain on derivative hedge agreements27,7445,672
Net gain reclassified from accumulated other comprehensive loss into earnings(1,611)(501)
Currency translation adjustments(17,429)(751)
Changes in available-for-sale securities and other(626)194
Comprehensive income849,233523,869
Comprehensive income attributable to noncontrolling interests145190
Comprehensive income attributable to common stockholders$ 849,088$ 523,679

SPG Balance Sheet

2024-03-31
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS:  
Investment properties, at cost$ 39,494,402$ 39,285,138
Less - accumulated depreciation18,014,30317,716,788
Investment properties, at cost, net21,480,09921,568,350
Cash and cash equivalents1,251,1051,168,991
Short-term investments1,300,0001,000,000
Tenant receivables and accrued revenue, net793,437826,126
Right-of-use assets, net524,920484,073
Deferred costs and other assets1,124,8341,117,716
Total assets33,696,69134,283,495
LIABILITIES:  
Mortgages and unsecured indebtedness25,519,34026,033,423
Accounts payable, accrued expenses, intangibles, and deferred revenues1,527,8591,693,248
Cash distributions and losses in unconsolidated entities, at equity1,724,4941,760,922
Dividend payable1,4121,842
Lease liabilities525,681484,861
Other liabilities635,781621,601
Total liabilities29,934,56730,595,897
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests177,528195,949
Capital stock (850,000,000 total shares authorized, $0.0001 par value, 238,000,000 shares of excess common stock, 100,000,000 authorized shares of preferred stock):  
Series J 83/8% cumulative redeemable preferred stock, 1,000,000 shares authorized, 796,948 issued and outstanding with a liquidation value of $39,84741,02441,106
Capital in excess of par value11,370,74011,406,236
Accumulated deficit(5,987,514)(6,095,576)
Accumulated other comprehensive loss(165,796)(172,787)
Common stock held in treasury, at cost, 16,960,060 and 16,983,364 shares, respectively(2,152,382)(2,156,178)
Total stockholders' equity3,106,1053,022,834
Noncontrolling interests478,491468,815
Total equity3,584,5963,491,649
Total liabilities and equity33,696,69134,283,495
TRG  
ASSETS:  
Investment, at equity3,004,1293,049,719
Klepierre  
ASSETS:  
Investment, at equity1,447,5151,527,872
Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, at equity2,770,6523,540,648
Simon Property Group, L.P.  
ASSETS:  
Investment properties, at cost39,494,40239,285,138
Less - accumulated depreciation18,014,30317,716,788
Investment properties, at cost, net21,480,09921,568,350
Cash and cash equivalents1,251,1051,168,991
Short-term investments1,300,0001,000,000
Tenant receivables and accrued revenue, net793,437826,126
Right-of-use assets, net524,920484,073
Deferred costs and other assets1,124,8341,117,716
Total assets33,696,69134,283,495
LIABILITIES:  
Mortgages and unsecured indebtedness25,519,34026,033,423
Accounts payable, accrued expenses, intangibles, and deferred revenues1,527,8591,693,248
Cash distributions and losses in unconsolidated entities, at equity1,724,4941,760,922
Dividend payable1,4121,842
Lease liabilities525,681484,861
Other liabilities635,781621,601
Total liabilities29,934,56730,595,897
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests177,528195,949
Capital stock (850,000,000 total shares authorized, $0.0001 par value, 238,000,000 shares of excess common stock, 100,000,000 authorized shares of preferred stock):  
Preferred units, 796,948 units outstanding. Liquidation value of $39,84741,02441,106
General Partner, 325,943,826 and 325,920,522 units outstanding, respectively3,065,0812,981,728
Limited Partners, 48,844,151 and 48,913,717 units outstanding, respectively459,316447,494
Total partners' equity3,565,4213,470,328
Nonredeemable noncontrolling interests in properties, net19,17521,321
Total equity3,584,5963,491,649
Total liabilities and equity33,696,69134,283,495
Simon Property Group, L.P. | TRG  
ASSETS:  
Investment, at equity3,004,1293,049,719
Simon Property Group, L.P. | Klepierre  
ASSETS:  
Investment, at equity1,447,5151,527,872
Simon Property Group, L.P. | Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, at equity2,770,6523,540,648
Common stock  
Capital stock (850,000,000 total shares authorized, $0.0001 par value, 238,000,000 shares of excess common stock, 100,000,000 authorized shares of preferred stock):  
Common stock$ 33$ 33
SPG
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
 CEO
 WEBSITEsimon.com
 INDUSTRYREIT Mortgage
 EMPLOYEES2500

Simon Property Group Inc Frequently Asked Questions


What is the ticker symbol for Simon Property Group Inc? What does SPG stand for in stocks?

SPG is the stock ticker symbol of Simon Property Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Simon Property Group Inc (SPG)?

As of Fri May 17 2024, market cap of Simon Property Group Inc is 48.49 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SPG stock?

You can check SPG's fair value in chart for subscribers.

What is the fair value of SPG stock?

You can check SPG's fair value in chart for subscribers. The fair value of Simon Property Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Simon Property Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SPG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Simon Property Group Inc a good stock to buy?

The fair value guage provides a quick view whether SPG is over valued or under valued. Whether Simon Property Group Inc is cheap or expensive depends on the assumptions which impact Simon Property Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SPG.

What is Simon Property Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SPG's PE ratio (Price to Earnings) is 16.5 and Price to Sales (PS) ratio is 8.43. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SPG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Simon Property Group Inc's stock?

In the past 10 years, Simon Property Group Inc has provided 0.026 (multiply by 100 for percentage) rate of return.