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SPG

117.49USD-0.20(-0.17%)Delayedas of 06 Dec 2022, 12:40 pm

Simon Property Group Inc

Market Summary

USD117.49-0.20Delayedas of 06 Dec 2022, 12:40 pm
-0.17%

SPG Stock Price

RSI Chart

Valuation

Market Cap

36.1B

Price/Earnings

14.04

Price/Sales

7.05

Price/Cashflow

9.92

Price/Sales

Profitability

Return on Equity

78.47%

Return on Assets

7.29%

Fundamentals

Revenue

Revenue (TTM)

5.2B

Revenue Y/Y

2.05%

Revenue Q/Q

-1.24%

Earnings

Earnings (TTM)

2.4B

Earnings Y/Y

-19.32%

Earnings Q/Q

16.62%

Price Action

52 Week Range

86.02161.27
(Low)(High)

Last 7 days

1.7%

Last 30 days

1.8%

Last 90 days

18.5%

Trailing 12 Months

-18.0%

Financial Health

Debt/Equity

8.1

Debt/Cashflow

0.15

Investor Care

Dividend Yield

6.15%

Dividend/Share (TTM)

6.7

Diluted EPS (TTM)

6.41

Peers (Alternatives to Simon Property Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
4.22% -8.55%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
1.83% -18.02%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
12.80% -32.25%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
3.21% -23.63%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
2.79% -23.58%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
3.22% -0.93%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
1.83% -12.48%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
-0.99% -39.94%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
5.02% 12.68%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
-1.58% -41.95%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
3.09% -28.58%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
1.07% 0.07%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-10.43% -27.80%
538.82
1.96
2.16% 107.41%
1.2B
-
7.86% 8.14%
5
3.44
120.87% 1462.96%

Financials for Simon Property Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue0.5%5,1985,1735,1174,9224,686
  S&GA Expenses6.7%3432302622
Net Income-5.4%2,4102,5472,5692,3081,698
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-1.1%33,07933,45133,77733,94634,828
    Cash Equivalents5.1%5415155344381,291
  Goodwill-20----
Liabilities-0.6%28,98229,16129,37729,51830,613
  Long Term Debt-1.1%24,88625,17025,32125,58426,232
Shareholder's Equity-5.7%3,0713,2563,3613,3783,232
  Retained Earnings-1.1%-6,012.76-5,948.26-5,823.71-5,789.33-5,931.12
  Additional Paid-In Capital0.0%11,21811,21411,21311,20111,194
Minority Interest-3.6%460477492497476
Float-42,527----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations2.8%3,6523,5543,6373,6483,390
Cashflow From Investing13.2%-446.83-514.61-552.76-4,017.18-3,962.41
Cashflow From Financing-14.3%-3,955.20-3,459.81-3,562.31-274.26-1,443.03
  Buy Backs-288

Risks

What is the probability of a big loss on SPG?

42.3%


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

36.5%


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

30%


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.

Returns

Cumulative Returns on SPG

1.9%


10-Year Cumulative Returns

-2.1%


7-Year Cumulative Returns

-1.7%


5-Year Cumulative Returns

-2.9%


3-Year Cumulative Returns

What are the long-term rolling returns for SPG?

FIve years rolling returns for Simon Property Group.

Which funds bought or sold SPG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
204,000
204,000
0.21%
2022-11-23
Eagle Bay Advisors LLC
ADDED
32.35
773
4,000
-%
2022-11-23
Toroso Investments, LLC
ADDED
3.1
-17,000
635,000
0.03%
2022-11-23
Invst, LLC
ADDED
24.5
27,000
822,000
0.14%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,748,000
2,748,000
0.03%
2022-11-22
CVA Family Office, LLC
-
-
-17,000
48,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
11.8
52,000
953,000
0.03%
2022-11-21
DEARBORN PARTNERS LLC
-
-
-4,000
423,000
0.02%
2022-11-21
FourThought Financial, LLC
-
-
-2,000
29,000
-%
2022-11-21
Sunbelt Securities, Inc.
-
-
20,000
285,000
0.06%

1–10 of 46

Latest Funds Activity

Are funds buying SPG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SPG

Simon Property Group News

Seeking Alpha

RFI: This High-Yielding CEF Is Beating The Index (NYSE:RFI).55 minutes ago

Seeking Alpha

SPG Fair Value

Recent SEC filings of Simon Property Group

View All Filings
Date Filed Form Type Document
Nov 03, 2022
10-Q
Quarterly Report
Nov 01, 2022
8-K
Current Report
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for SPG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-06-30
RODKIN GARY M
BOUGHT
20,549.2
93.8319
219
-
2022-06-30
LEIBOWITZ REUBEN S
BOUGHT
49,543.2
93.8319
528
-
2022-06-30
HUBBARD ALLAN B
BOUGHT
40,066.2
93.8319
427
-
2022-06-30
Roe Peggy Fang
BOUGHT
3,190.28
93.8319
34
-
2022-06-30
Aeppel Glyn
BOUGHT
18,954
93.8319
202
-
2022-06-30
STEWART MARTA R
BOUGHT
15,951.4
93.8319
170
-
2022-06-30
HORN KAREN N
BOUGHT
54,047.2
93.8319
576
-
2022-06-30
Smith Daniel C.
BOUGHT
34,624
93.8319
369
-
2022-06-30
SMITH J ALBERT JR
BOUGHT
67,652.8
93.8319
721
-
2022-06-30
GLASSCOCK LARRY C
BOUGHT
35,562.3
93.8319
379
-

1–10 of 50

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.

SPG Income Statement

2022-09-30
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUE:    
Lease income$ 1,215,470$ 1,207,923$ 3,618,035$ 3,511,806
Management fees and other revenues28,65427,02485,05178,381
Other income71,66261,607188,464200,465
Total revenue1,315,7861,296,5543,891,5503,790,652
EXPENSES:    
Property operating120,858108,556336,929291,248
Depreciation and amortization301,754311,381910,190942,851
Real estate taxes109,932117,094333,611347,800
Repairs and maintenance21,63921,73563,99362,126
Advertising and promotion27,10238,63572,42987,685
Home and regional office costs43,71148,667143,424132,365
General and administrative7,7846,90924,97720,739
Other30,81031,253106,64984,180
Total operating expenses663,590684,2301,992,2021,968,994
OPERATING INCOME BEFORE OTHER ITEMS652,196612,3241,899,3481,821,658
Interest expense(187,878)(199,772)(560,353)(602,207)
Loss on extinguishment of debt (28,593) (31,552)
Gain on sale or exchange of equity interests (Note 6) 159,828 159,828
Income and other tax expense(8,256)(67,262)(31,168)(108,367)
Income from unconsolidated entities163,086198,524434,343562,138
Unrealized losses in fair value of equity instruments(14,563)(4,944)(63,412)(8,121)
Gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net17,262108,543879201,600
CONSOLIDATED NET INCOME621,847778,6481,679,6371,994,977
Net income (loss) attributable to noncontrolling interests81,97597,878214,722249,421
Preferred dividends8348342,5032,503
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 539,038$ 679,936$ 1,462,412$ 1,743,053
BASIC AND DILUTED EARNINGS PER COMMON SHARE:    
Net income attributable to common stockholders - basic (in dollars per share)$ 1.65$ 2.07$ 4.46$ 5.30
Net income attributable to common stockholders - diluted (in dollars per share)$ 1.65$ 2.07$ 4.46$ 5.30
Consolidated Net Income$ 621,847$ 778,648$ 1,679,637$ 1,994,977
Unrealized gain on derivative hedge agreements35,4708,28080,32745,366
Net gain reclassified from accumulated other comprehensive loss into earnings(403)(404)(1,191)(7,022)
Currency translation adjustments(26,143)(11,199)(49,482)(40,968)
Changes in available-for-sale securities and other(546)(71)(1,619)(304)
Comprehensive income630,225775,2541,707,6721,992,049
Comprehensive income attributable to noncontrolling interests83,00797,451218,119249,091
Comprehensive income attributable to common stockholders547,218677,8031,489,5531,742,958
Simon Property Group, L.P.    
REVENUE:    
Lease income1,215,4701,207,9233,618,0353,511,806
Management fees and other revenues28,65427,02485,05178,381
Other income71,66261,607188,464200,465
Total revenue1,315,7861,296,5543,891,5503,790,652
EXPENSES:    
Property operating120,858108,556336,929291,248
Depreciation and amortization301,754311,381910,190942,851
Real estate taxes109,932117,094333,611347,800
Repairs and maintenance21,63921,73563,99362,126
Advertising and promotion27,10238,63572,42987,685
Home and regional office costs43,71148,667143,424132,365
General and administrative7,7846,90924,97720,739
Other30,81031,253106,64984,180
Total operating expenses663,590684,2301,992,2021,968,994
OPERATING INCOME BEFORE OTHER ITEMS652,196612,3241,899,3481,821,658
Interest expense(187,878)(199,772)(560,353)(602,207)
Loss on extinguishment of debt (28,593) (31,552)
Gain on sale or exchange of equity interests (Note 6) 159,828 159,828
Income and other tax expense(8,256)(67,262)(31,168)(108,367)
Income from unconsolidated entities163,086198,524434,343562,138
Unrealized losses in fair value of equity instruments(14,563)(4,944)(63,412)(8,121)
Gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net17,262108,543879201,600
CONSOLIDATED NET INCOME621,847778,6481,679,6371,994,977
Net income (loss) attributable to noncontrolling interests3,616(405)2,498(2,875)
Preferred dividends1,3131,3133,9393,939
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS616,918777,7401,673,2001,993,913
NET INCOME ATTRIBUTABLE TO UNITHOLDERS ATTRIBUTABLE TO:    
General Partner539,038679,9361,462,4121,743,053
Limited Partners$ 77,880$ 97,804$ 210,788$ 250,860
BASIC AND DILUTED EARNINGS PER COMMON SHARE:    
Net income attributable to common stockholders - basic (in dollars per share)$ 1.65$ 2.07$ 4.46$ 5.30
Net income attributable to common stockholders - diluted (in dollars per share)$ 1.65$ 2.07$ 4.46$ 5.30
Consolidated Net Income$ 621,847$ 778,648$ 1,679,637$ 1,994,977
Unrealized gain on derivative hedge agreements35,4708,28080,32745,366
Net gain reclassified from accumulated other comprehensive loss into earnings(403)(404)(1,191)(7,022)
Currency translation adjustments(26,143)(11,199)(49,482)(40,968)
Changes in available-for-sale securities and other(546)(71)(1,619)(304)
Comprehensive income630,225775,2541,707,6721,992,049
Comprehensive income attributable to noncontrolling interests1,3663361,381(215)
Comprehensive income attributable to common stockholders$ 628,859$ 774,918$ 1,706,291$ 1,992,264

SPG Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS:  
Investment properties, at cost$ 37,982,665$ 37,932,366
Less - accumulated depreciation16,245,40915,621,127
Investment properties, at cost, net21,737,25622,311,239
Cash and cash equivalents601,520533,936
Tenant receivables and accrued revenue, net794,599919,654
Right-of-use assets, net497,490504,119
Investments held in trust - special purpose acquisition company345,000345,000
Deferred costs and other assets1,174,8571,121,011
Total assets32,795,36333,777,379
LIABILITIES:  
Mortgages and unsecured indebtedness24,640,37025,321,022
Accounts payable, accrued expenses, intangibles, and deferred revenues1,421,4431,433,216
Cash distributions and losses in unconsolidated entities, at equity1,698,9171,573,105
Dividend payable2,7331,468
Lease liabilities500,197506,931
Other liabilities495,142540,912
Total liabilities28,758,80229,376,654
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests559,482547,740
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 $39,84741,51741,763
Capital in excess of par value11,231,48311,212,990
Accumulated deficit(6,046,981)(5,823,708)
Accumulated other comprehensive loss(160,549)(185,186)
Common stock held in treasury, at cost, 15,959,628 and 14,295,983 shares, respectively(2,043,979)(1,884,441)
Total stockholders' equity3,021,5253,361,452
Noncontrolling interests455,554491,533
Total equity3,477,0793,852,985
Total liabilities and equity32,795,36333,777,379
TRG  
ASSETS:  
Investment, in equity3,150,1693,305,102
Klepierre  
ASSETS:  
Investment, in equity1,378,0501,661,943
Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, in equity3,116,4223,075,375
Simon Property Group, L.P.  
ASSETS:  
Investment properties, at cost37,982,66537,932,366
Less - accumulated depreciation16,245,40915,621,127
Investment properties, at cost, net21,737,25622,311,239
Cash and cash equivalents601,520533,936
Tenant receivables and accrued revenue, net794,599919,654
Right-of-use assets, net497,490504,119
Investments held in trust - special purpose acquisition company345,000345,000
Deferred costs and other assets1,174,8571,121,011
Total assets32,795,36333,777,379
LIABILITIES:  
Mortgages and unsecured indebtedness24,640,37025,321,022
Accounts payable, accrued expenses, intangibles, and deferred revenues1,421,4431,433,216
Cash distributions and losses in unconsolidated entities, at equity1,698,9171,573,105
Dividend payable2,7331,468
Lease liabilities500,197506,931
Other liabilities495,142540,912
Total liabilities28,758,80229,376,654
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests559,482547,740
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 $39,84741,51741,763
General Partner, 326,953,791 and 328,619,625 units outstanding, respectively2,980,0083,319,689
Limited Partners, 47,303,768 and 47,247,936 units outstanding, respectively431,145477,292
Total partners' equity3,452,6703,838,744
Nonredeemable noncontrolling interests in properties, net24,40914,241
Total equity3,477,0793,852,985
Total liabilities and equity32,795,36333,777,379
Simon Property Group, L.P. | TRG  
ASSETS:  
Investment, in equity3,150,1693,305,102
Simon Property Group, L.P. | Klepierre  
ASSETS:  
Investment, in equity1,378,0501,661,943
Simon Property Group, L.P. | Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, in equity3,116,4223,075,375
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