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Simon Property Group Inc Stock Research

SPG

103.06USD-1.57(-1.50%)Delayedas of 03 Oct 2023, 02:08 pm
Watchlist

Market Summary

USD103.06-1.57
Delayedas of 03 Oct 2023, 02:08 pm
-1.50%

SPG Stock Price

SPG RSI Chart

SPG Valuation

SPG Price/Sales (Trailing)

SPG Profitability

Return on Equity

82.68%

Return on Assets

7.46%

SPG Fundamentals

SPG Revenue

Revenue (TTM)

5.4B

Revenue Y/Y

7.01%

Revenue Q/Q

1.39%

SPG Earnings

Earnings (TTM)

2.5B

Earnings Y/Y

-2.1%

Earnings Q/Q

7.37%

Price Action

52 Week Range

90.77133.08
(Low)(High)

Last 7 days

-6.7%

Last 30 days

-8.9%

Last 90 days

-10.6%

Trailing 12 Months

16.6%

SPG Financial Health

Debt/Equity

8.51

Debt/Cashflow

0.15

SPG Investor Care

Dividend Yield

5.34%

Diluted EPS (TTM)

6.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for SPG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-06-30
RODKIN GARY M
bought
26,833
116
231
-
2023-06-30
LEWIS RANDALL J
bought
3,252
116
28.00
-
2023-06-30
SELIG STEFAN M
bought
23,232
116
200
-
2023-06-30
Roe Peggy Fang
bought
6,621
116
57.00
-
2023-06-30
HUBBARD ALLAN B
bought
49,832
116
429
-
2023-06-30
Aeppel Glyn
bought
25,206
116
217
-
2023-06-30
Smith Daniel C.
bought
43,327
116
373
-
2023-06-30
GLASSCOCK LARRY C
bought
44,953
116
387
-
2023-06-30
LEIBOWITZ REUBEN S
bought
61,100
116
526
-
2023-06-30
STEWART MARTA R
bought
21,838
116
188
-

1–10 of 50

Which funds bought or sold SPG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
M Holdings Securities, Inc.
reduced
-57.85
-505,000
389,000
0.08%
2023-09-26
BROOKFIELD Corp /ON/
reduced
-29.09
-11,169,200
30,400,700
0.12%
2023-09-21
Baystate Wealth Management LLC
added
1.48
1,828
39,689
-%
2023-09-20
BARCLAYS PLC
added
32.19
17,825,000
66,888,000
0.04%
2023-09-12
Farther Finance Advisors, LLC
added
4.31
1,773
25,175
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
88.00
2,887
-%
2023-09-07
Strategic Financial Concepts, LLC
reduced
-3.55
-1,381
260,107
0.10%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
28.00
924
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
335
3,513
-%
2023-08-25
Yarbrough Capital, LLC
unchanged
-
75,465
2,482,820
0.14%

1–10 of 47

Latest Funds Activity

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

Schedule 13G FIlings of Simon Property Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 23, 2023
blackrock inc.
10.2%
35,015,087
SC 13G/A
Feb 14, 2022
cohen & steers, inc.
6.80%
22,346,774
SC 13G/A
Feb 14, 2022
state street corp
6.50%
21,369,438
SC 13G/A
Feb 14, 2022
melvin simon & associates inc
3.7%
12,523,916
SC 13G/A
Jan 27, 2022
blackrock inc.
10.7%
35,039,594
SC 13G/A
Jan 26, 2022
blackrock inc.
10.7%
35,039,594
SC 13G/A

Recent SEC filings of Simon Property Group

View All Filings
Date Filed Form Type Document
Aug 03, 2023
10-Q
Quarterly Report
Aug 02, 2023
8-K
Current Report
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading

Peers (Alternatives to Simon Property Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.1B
4.4B
-0.64% -17.74%
11.24
10.95
14.80% 87.79%
35.4B
5.1B
-10.51% 21.93%
82.68
6.9
13.73% -68.04%
21.9B
2.0B
-9.58% -13.91%
26.32
10.88
-22.97% -33.54%
20.0B
2.7B
-16.05% -29.97%
26.64
7.46
15.16% 88.51%
10.6B
1.8B
-9.43% -7.12%
26.2
6.03
6.75% -42.80%
MID-CAP
7.2B
1.1B
-9.72% -1.76%
18.62
6.52
8.31% 38.10%
4.6B
820.5M
-7.18% 23.16%
163.68
5.6
29.95% 125.56%
4.2B
1.8B
-10.24% -2.78%
-11.27
2.3
5.60% -286.96%
2.3B
866.2M
-8.46% 38.20%
-26.75
2.69
0.51% -335.26%
SMALL-CAP
2.4B
882.0M
-7.85% -1.63%
-5.34
2.67
11.76% -239.94%
2.3B
426.3M
-3.29% 65.38%
24.82
5.51
1.38% 137.97%
973.5M
732.3M
-12.67% -28.09%
-11.42
1.33
-0.03% -4012.90%
955.8M
339.3M
-13.75% -8.90%
-5.41
2.82
88.48% -168.70%

Simon Property Group News

Nasdaq
Retail Stores and Empty Malls Help Fulfill Online Orders.
Nasdaq,
5 hours ago
24/7 Wall St.
Marketscreener.com

Returns for SPG

Cumulative Returns on SPG

0.9%


10-Year Cumulative Returns

-5.1%


7-Year Cumulative Returns

-5.9%


5-Year Cumulative Returns

19.5%


3-Year Cumulative Returns

Risks for SPG

What is the probability of a big loss on SPG?

58.9%


Probability that Simon Property Group stock will be more than 20% underwater in next one year

42.3%


Probability that Simon Property Group stock will be more than 30% underwater in next one year.

31.5%


Probability that Simon Property Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SPG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Simon Property Group was unfortunately bought at previous high price.

Drawdowns

Financials for Simon Property Group

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.7%5,4365,3465,2915,2185,1985,1735,1174,9224,6864,4944,6084,9655,3215,6565,7555,7295,7165,7045,6455,6115,611
Costs and Expenses2.2%2,7792,7202,7082,7272,7472,7442,7042,6382,6112,5732,6362,6732,7282,8332,8422,8272,7972,7382,7192,6972,730
  S&GA Expenses1.9%37.0036.0035.0035.0034.0032.0030.0026.0022.0022.0023.0025.0030.0033.0035.0038.0042.0043.0047.0048.0048.00
Interest Expenses4.0%806776761754766779796800802799784776777778789804801809816817816
Net Income-0.5%2,4712,4832,4522,2532,4102,5472,5692,3081,6981,2821,2771,5552,0152,2972,4232,6662,6792,7392,8222,6492,599
Net Income Margin-100.0%-0.46*0.46*0.43*0.57*0.49*0.50*0.47*0.36*0.29*0.28*0.31*0.38*0.41*0.42*0.47*0.47*0.48*0.50*0.47*0.46*
Free Cashflow-100.0%-3,8033,7673,7193,6523,5543,6373,6483,3902,4612,3272,3912,7353,7123,8083,8483,8023,7453,7513,6263,621
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.4%32,81933,29833,01132,79533,07933,45133,77733,94634,82834,41234,78731,66234,02634,12131,23233,84430,73330,84230,68631,08030,843
    Cash Equivalents-27.5%8371,1556226025415155344381,2919361,0121,0823,3063,7256693,647480437514696714
Liabilities-1.1%29,29229,62129,18728,75928,98229,16129,37729,51830,61330,38431,12929,45831,50331,39828,10130,53727,13826,91626,65926,98426,767
  Long Term Debt-2.3%24,99025,57024,96024,64024,88625,17025,32125,58426,23226,15726,72325,14027,26927,55324,16326,64423,32523,18623,30623,67823,505
Shareholder's Equity-16.8%2,8723,4533,1393,0223,5313,7333,8533,8753,7073,5163,4722,0162,3352,5112,9113,0803,3643,7003,7973,8983,879
  Retained Earnings-2.0%-6,189-6,069-5,926-6,046-6,012-5,948-5,823-5,789-5,931-6,087-6,102-5,953-5,703-5,583-5,379-5,223-5,122-4,979-4,893-4,896-4,833
  Additional Paid-In Capital-0.2%11,21111,23111,23311,23111,21811,21411,21311,20111,19411,17711,1809,7629,7639,7689,7569,7489,7239,7069,7009,7379,658
Minority Interest-4.5%429449473456460477492497476452433263306329385408444487500514508
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations0.8%3,8323,8033,7673,7193,6523,5543,6373,6483,3902,4612,3272,3912,7353,7123,8083,8483,8023,7453,7513,6263,621
Cashflow From Investing-3.9%-712-686-626-417-446-514-552-4,017-3,962-3,902-3,978-950-1,123-1,176-1,076-613-519-226-236-604-530
Cashflow From Financing-14.0%-2,822-2,476-3,052-3,138-3,955-3,459-3,562-274-1,443-1,3471,994-4,0051,215753-2,576-283-3,516-3,448-4,482-2,834-2,865
  Buy Backs---180145288-----153153331505360407228134354318318

SPG Income Statement

2023-06-30
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUE:    
Lease income$ 1,254,958$ 1,194,700$ 2,503,143$ 2,402,566
Management fees and other revenues33,50728,81162,45756,398
Other income81,13656,331154,850116,799
Total revenue1,369,6011,279,8422,720,4502,575,763
EXPENSES:    
Property operating118,263112,408230,012216,071
Depreciation and amortization319,534298,273626,592608,436
Real estate taxes111,837111,989222,996223,680
Repairs and maintenance23,00220,05045,17642,354
Advertising and promotion33,74520,06457,90445,327
Home and regional office costs50,00647,516106,82699,713
General and administrative10,0589,36019,16417,194
Other45,23133,42191,13275,836
Total operating expenses711,676653,0811,399,8021,328,611
OPERATING INCOME BEFORE OTHER ITEMS657,925626,7611,320,6481,247,152
Interest expense(218,086)(187,316)(417,515)(372,473)
Gain on disposal, exchange, or revaluation of equity interests (Note 6)36,437 36,437 
Income and other tax (expense) benefit(10,487)(24,346)2,966(22,912)
Income from unconsolidated entities90,455190,073112,355271,257
Unrealized gains (losses) in fair value of publicly traded equity instruments, net5,617(17,817)26,225(48,850)
Loss on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net(4,356)(17,875)(4,356)(16,384)
CONSOLIDATED NET INCOME557,505569,4801,076,7601,057,790
Net income (loss) attributable to noncontrolling interests70,32871,903136,921132,747
Preferred dividends8348341,6691,669
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 486,343$ 496,743$ 938,170$ 923,374
BASIC AND DILUTED EARNINGS PER COMMON SHARE:    
Net income attributable to common stockholders - basic (in dollars per share)$ 1.49$ 1.51$ 2.87$ 2.81
Net income attributable to common stockholders - diluted (in dollars per share)$ 1.49$ 1.51$ 2.87$ 2.81
Consolidated Net Income$ 557,505$ 569,480$ 1,076,760$ 1,057,790
Unrealized gain on derivative hedge agreements15,32028,02420,99244,858
Net gain reclassified from accumulated other comprehensive loss into earnings(697)(401)(1,198)(789)
Currency translation adjustments(32,936)(24,644)(33,687)(23,339)
Changes in available-for-sale securities and other1,070(552)1,264(1,073)
Comprehensive income540,262571,9071,064,1311,077,447
Comprehensive income attributable to noncontrolling interests68,19772,130135,386135,112
Comprehensive income attributable to common stockholders472,065499,777928,745942,335
Simon Property Group, L.P.    
REVENUE:    
Lease income1,254,9581,194,7002,503,1432,402,566
Management fees and other revenues33,50728,81162,45756,398
Other income81,13656,331154,850116,799
Total revenue1,369,6011,279,8422,720,4502,575,763
EXPENSES:    
Property operating118,263112,408230,012216,071
Depreciation and amortization319,534298,273626,592608,436
Real estate taxes111,837111,989222,996223,680
Repairs and maintenance23,00220,05045,17642,354
Advertising and promotion33,74520,06457,90445,327
Home and regional office costs50,00647,516106,82699,713
General and administrative10,0589,36019,16417,194
Other45,23133,42191,13275,836
Total operating expenses711,676653,0811,399,8021,328,611
OPERATING INCOME BEFORE OTHER ITEMS657,925626,7611,320,6481,247,152
Interest expense(218,086)(187,316)(417,515)(372,473)
Gain on disposal, exchange, or revaluation of equity interests (Note 6)36,437 36,437 
Income and other tax (expense) benefit(10,487)(24,346)2,966(22,912)
Income from unconsolidated entities90,455190,073112,355271,257
Unrealized gains (losses) in fair value of publicly traded equity instruments, net5,617(17,817)26,225(48,850)
Loss on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net(4,356)(17,875)(4,356)(16,384)
CONSOLIDATED NET INCOME557,505569,4801,076,7601,057,790
Net income (loss) attributable to noncontrolling interests(364)(122)398(1,118)
Preferred dividends1,3131,3132,6262,626
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS556,556568,2891,073,7361,056,282
NET INCOME ATTRIBUTABLE TO UNITHOLDERS ATTRIBUTABLE TO:    
General Partner486,343496,744938,170923,374
Limited Partners$ 70,213$ 71,545$ 135,566$ 132,908
BASIC AND DILUTED EARNINGS PER COMMON SHARE:    
Net income attributable to common stockholders - basic (in dollars per share)$ 1.49$ 1.51$ 2.87$ 2.81
Net income attributable to common stockholders - diluted (in dollars per share)$ 1.49$ 1.51$ 2.87$ 2.81
Consolidated Net Income$ 557,505$ 569,480$ 1,076,760$ 1,057,790
Unrealized gain on derivative hedge agreements15,32028,02420,99244,858
Net gain reclassified from accumulated other comprehensive loss into earnings(697)(401)(1,198)(789)
Currency translation adjustments(32,936)(24,644)(33,687)(23,339)
Changes in available-for-sale securities and other1,070(552)1,264(1,073)
Comprehensive income540,262571,9071,064,1311,077,447
Comprehensive income attributable to noncontrolling interests258(258)44815
Comprehensive income attributable to common stockholders$ 540,004$ 572,165$ 1,063,683$ 1,077,432

SPG Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS:  
Investment properties, at cost$ 38,749,494$ 38,326,912
Less - accumulated depreciation17,126,18616,563,749
Investment properties, at cost, net21,623,30821,763,163
Cash and cash equivalents837,465621,628
Tenant receivables and accrued revenue, net738,170823,540
Right-of-use assets, net492,253496,930
Deferred costs and other assets1,167,8911,159,293
Total assets32,818,99633,011,274
LIABILITIES:  
Mortgages and unsecured indebtedness24,990,48024,960,286
Accounts payable, accrued expenses, intangibles, and deferred revenues1,543,8481,491,583
Cash distributions and losses in unconsolidated entities, at equity1,749,9601,699,828
Dividend payable2,8851,997
Lease liabilities493,193497,953
Other liabilities511,400535,736
Total liabilities29,291,76629,187,383
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests226,659212,239
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 $39,84741,27041,435
Capital in excess of par value11,211,42511,232,881
Accumulated deficit(6,189,540)(5,926,974)
Accumulated other comprehensive loss(175,967)(164,873)
Common stock held in treasury, at cost, 15,709,631 and 15,959,628 shares, respectively(2,015,585)(2,043,979)
Total stockholders' equity2,871,6373,138,524
Noncontrolling interests428,934473,128
Total equity3,300,5713,611,652
Total liabilities and equity32,818,99633,011,274
TRG  
ASSETS:  
Investment, in equity2,978,0243,074,345
Klepierre  
ASSETS:  
Investment, in equity1,542,6341,561,112
Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, in equity3,439,2513,511,263
Simon Property Group, L.P.  
ASSETS:  
Investment properties, at cost38,749,49438,326,912
Less - accumulated depreciation17,126,18616,563,749
Investment properties, at cost, net21,623,30821,763,163
Cash and cash equivalents837,465621,628
Tenant receivables and accrued revenue, net738,170823,540
Right-of-use assets, net492,253496,930
Deferred costs and other assets1,167,8911,159,293
Total assets32,818,99633,011,274
LIABILITIES:  
Mortgages and unsecured indebtedness24,990,48024,960,286
Accounts payable, accrued expenses, intangibles, and deferred revenues1,543,8481,491,583
Cash distributions and losses in unconsolidated entities, at equity1,749,9601,699,828
Dividend payable2,8851,997
Lease liabilities493,193497,953
Other liabilities511,400535,736
Total liabilities29,291,76629,187,383
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests226,659212,239
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 $39,84741,27041,435
General Partner, 327,199,040 and 326,953,791 units outstanding, respectively2,830,3673,097,089
Limited Partners, 47,208,886 and 47,302,958 units outstanding, respectively408,371448,076
Total partners' equity3,280,0083,586,600
Nonredeemable noncontrolling interests in properties, net20,56325,052
Total equity3,300,5713,611,652
Total liabilities and equity32,818,99633,011,274
Simon Property Group, L.P. | TRG  
ASSETS:  
Investment, in equity2,978,0243,074,345
Simon Property Group, L.P. | Klepierre  
ASSETS:  
Investment, in equity1,542,6341,561,112
Simon Property Group, L.P. | Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, in equity3,439,2513,511,263
Common stock  
Capital stock (850,000,000 total shares authorized, $0.0001 par value, 238,000,000 shares of excess common stock, 100,000,000 authorized shares of preferred stock):  
Common stock$ 34$ 34
David E. Simon
3300
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.