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SPG

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

147.19USD-0.76 (-0.51%)Delayed as of 08 May 2024, 01:39 pm ET

Market Summary

SPG
USD147.19-0.76
Delayedas of 08 May 2024, 01:39 pm
-0.51%

SPG Alerts

  • 8 major insider buys recently.
  • Big jump in Earnings (Y/Y)

SPG Stock Price

View Fullscreen

SPG RSI Chart

SPG Valuation

Market Cap

48.2B

Price/Earnings (Trailing)

16.41

Price/Sales (Trailing)

8.38

Price/Free Cashflow

12.44

SPG Price/Sales (Trailing)

SPG Profitability

Return on Equity

81.99%

Return on Assets

8.72%

Free Cashflow Yield

8.04%

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

52 Week Range

100.17148.98
(Low)(High)

Last 7 days

5.3%

Last 30 days

-1.5%

Last 90 days

3.1%

Trailing 12 Months

37.0%

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
rodkin gary m
bought
29,604
154
192
-
Apr 01, 2024
mcdade brian j.
acquired
-
-
3,263
evp/cfo
Apr 01, 2024
kelly kevin m
acquired
-
-
1,632
asst. general counsel/sec.
Apr 01, 2024
lewis randall j
bought
3,700
154
24.00
-
Apr 01, 2024
reuille adam
sold (taxes)
-77,619
156
-496
svp & chief accounting officer
Apr 01, 2024
fivel steven e
sold (taxes)
-96,867
156
-619
general counsel
Apr 01, 2024
frey donald g
acquired
-
-
3,263
evp, treasurer
Apr 01, 2024
smith daniel c.
bought
47,798
154
310
-
Apr 01, 2024
fivel steven e
acquired
-
-
3,263
general counsel
Apr 01, 2024
jackson matthew a
acquired
-
-
1,306
svp, assistant treasurer

1–10 of 50

Which funds bought or sold SPG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Atlas Private Wealth Advisors
sold off
-100
-285,280
-
-%
May 06, 2024
SG Americas Securities, LLC
added
586
29,804,000
34,369,000
0.16%
May 06, 2024
GABLES CAPITAL MANAGEMENT INC.
reduced
-1.4
41,552
550,064
0.30%
May 06, 2024
NOVARE CAPITAL MANAGEMENT LLC
added
19.68
98,682
413,917
0.04%
May 06, 2024
Merit Financial Group, LLC
reduced
-7.68
-27,673
341,859
0.01%
May 06, 2024
HBC Financial Services, PLLC
unchanged
-
-1,000
53,000
0.04%
May 06, 2024
STALEY CAPITAL ADVISERS INC
reduced
-9.04
-19,038
9,358,260
0.44%
May 06, 2024
Empowered Funds, LLC
added
3.68
649,888
5,378,400
0.10%
May 06, 2024
Carnegie Capital Asset Management, LLC
reduced
-3.22
13,698
235,361
0.01%
May 06, 2024
Advisory Services Network, LLC
reduced
-16.39
-330,748
3,669,290
0.08%

1–10 of 50

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 07, 2024
10-Q
Quarterly Report
May 06, 2024
8-K
Current Report
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading

Simon Property Group Inc News

Latest updates
MarketWatch20 hours ago
Zacks Investment Research03 May 202403:00 pm

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
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SPG Income Statement

2023-12-31
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUE:   
Lease income$ 5,164,335$ 4,905,175$ 4,736,719
Management fees and other revenues125,995116,904106,483
Other income368,506269,368273,587
Total revenue5,658,8365,291,4475,116,789
EXPENSES:   
Property operating489,346464,135415,720
Depreciation and amortization1,262,1071,227,3711,262,715
Real estate taxes441,783443,224458,953
Repairs and maintenance97,25793,59596,391
Advertising and promotion127,346107,793114,303
Home and regional office costs207,618184,592184,660
General and administrative38,51334,97130,339
Other187,844152,213140,518
Total operating expenses2,851,8142,707,8942,703,599
OPERATING INCOME BEFORE OTHER ITEMS2,807,0222,583,5532,413,190
Interest expense(854,648)(761,253)(795,712)
Loss on extinguishment of debt  (51,841)
Gain on disposal, exchange, or revaluation of equity interests, net (Notes 3 and 6)362,019121,177178,672
Income and other tax expense(81,874)(83,512)(157,199)
Income from unconsolidated entities375,663647,977782,837
Unrealized gains (losses) in fair value of publicly traded equity instruments and derivative instrument, net11,892(61,204)(8,095)
(Loss) gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net(3,056)5,647206,855
CONSOLIDATED NET INCOME2,617,0182,452,3852,568,707
Net income attributable to noncontrolling interests333,892312,850319,076
Preferred dividends3,3373,3373,337
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$ 2,279,789$ 2,136,198$ 2,246,294
BASIC AND DILUTED EARNINGS PER COMMON SHARE:   
Net income attributable to common stockholders - basic (in dollars per share)$ 6.98$ 6.52$ 6.84
Net income attributable to common stockholders - diluted (in dollars per share)$ 6.98$ 6.52$ 6.84
Consolidated Net Income$ 2,617,018$ 2,452,385$ 2,568,707
Unrealized gain on derivative hedge agreements18,35054,80851,114
Net gain reclassified from accumulated other comprehensive loss into earnings(4,084)(1,595)(7,285)
Currency translation adjustments(26,513)(28,119)(38,772)
Changes in available-for-sale securities and other2,254(2,009)(1,014)
Comprehensive income2,607,0252,475,4702,572,750
Comprehensive income attributable to noncontrolling interests331,814315,622319,629
Comprehensive income attributable to common stockholders2,275,2112,159,8482,253,121
Simon Property Group, L.P.   
REVENUE:   
Lease income5,164,3354,905,1754,736,719
Management fees and other revenues125,995116,904106,483
Other income368,506269,368273,587
Total revenue5,658,8365,291,4475,116,789
EXPENSES:   
Property operating489,346464,135415,720
Depreciation and amortization1,262,1071,227,3711,262,715
Real estate taxes441,783443,224458,953
Repairs and maintenance97,25793,59596,391
Advertising and promotion127,346107,793114,303
Home and regional office costs207,618184,592184,660
General and administrative38,51334,97130,339
Other187,844152,213140,518
Total operating expenses2,851,8142,707,8942,703,599
OPERATING INCOME BEFORE OTHER ITEMS2,807,0222,583,5532,413,190
Interest expense(854,648)(761,253)(795,712)
Loss on extinguishment of debt  (51,841)
Gain on disposal, exchange, or revaluation of equity interests, net (Notes 3 and 6)362,019121,177178,672
Income and other tax expense(81,874)(83,512)(157,199)
Income from unconsolidated entities375,663647,977782,837
Unrealized gains (losses) in fair value of publicly traded equity instruments and derivative instrument, net11,892(61,204)(8,095)
(Loss) gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net(3,056)5,647206,855
CONSOLIDATED NET INCOME2,617,0182,452,3852,568,707
Net income attributable to noncontrolling interests(1,336)2,738(6,053)
Preferred dividends5,2375,2525,252
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS2,613,1172,444,3952,569,508
NET INCOME ATTRIBUTABLE TO UNITHOLDERS ATTRIBUTABLE TO:   
General Partner2,279,7892,136,1982,246,294
Limited Partners$ 333,328$ 308,197$ 323,214
BASIC AND DILUTED EARNINGS PER COMMON SHARE:   
Net income attributable to common stockholders - basic (in dollars per share)$ 6.98$ 6.52$ 6.84
Net income attributable to common stockholders - diluted (in dollars per share)$ 6.98$ 6.52$ 6.84
Consolidated Net Income$ 2,617,018$ 2,452,385$ 2,568,707
Unrealized gain on derivative hedge agreements18,35054,80851,114
Net gain reclassified from accumulated other comprehensive loss into earnings(4,084)(1,595)(7,285)
Currency translation adjustments(26,513)(28,119)(38,772)
Changes in available-for-sale securities and other2,254(2,009)(1,014)
Comprehensive income2,607,0252,475,4702,572,750
Comprehensive income attributable to noncontrolling interests6101,572(2,634)
Comprehensive income attributable to common stockholders$ 2,606,415$ 2,473,898$ 2,575,384

SPG Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS:  
Investment properties, at cost$ 39,285,138$ 38,326,912
Less - accumulated depreciation17,716,78816,563,749
Investment properties, at cost, net21,568,35021,763,163
Cash and cash equivalents1,168,991621,628
Short-term investments1,000,000 
Tenant receivables and accrued revenue, net826,126823,540
Right-of-use assets, net484,073496,930
Deferred costs and other assets1,117,7161,159,293
Total assets34,283,49533,011,274
LIABILITIES:  
Mortgages and unsecured indebtedness26,033,42324,960,286
Accounts payable, accrued expenses, intangibles, and deferred revenues1,693,2481,491,583
Cash distributions and losses in unconsolidated entities, at equity1,760,9221,699,828
Dividend payable1,8421,997
Lease liabilities484,861497,953
Other liabilities621,601535,736
Total liabilities30,595,89729,187,383
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests195,949212,239
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 $39,84741,10641,435
Capital in excess of par value11,406,23611,232,881
Accumulated deficit(6,095,576)(5,926,974)
Accumulated other comprehensive loss(172,787)(164,873)
Common stock held in treasury, at cost, 16,983,364 and 15,959,628 shares, respectively(2,156,178)(2,043,979)
Total stockholders' equity3,022,8343,138,524
Noncontrolling interests468,815473,128
Total equity3,491,6493,611,652
Total liabilities and equity34,283,49533,011,274
TRG  
ASSETS:  
Investment, in equity3,049,7193,074,345
Klepierre  
ASSETS:  
Investment, in equity1,527,8721,561,112
Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, in equity3,540,6483,511,263
Simon Property Group, L.P.  
ASSETS:  
Investment properties, at cost39,285,13838,326,912
Less - accumulated depreciation17,716,78816,563,749
Investment properties, at cost, net21,568,35021,763,163
Cash and cash equivalents1,168,991621,628
Short-term investments1,000,000 
Tenant receivables and accrued revenue, net826,126823,540
Right-of-use assets, net484,073496,930
Deferred costs and other assets1,117,7161,159,293
Total assets34,283,49533,011,274
LIABILITIES:  
Mortgages and unsecured indebtedness26,033,42324,960,286
Accounts payable, accrued expenses, intangibles, and deferred revenues1,693,2481,491,583
Cash distributions and losses in unconsolidated entities, at equity1,760,9221,699,828
Dividend payable1,8421,997
Lease liabilities484,861497,953
Other liabilities621,601535,736
Total liabilities30,595,89729,187,383
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests195,949212,239
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 $39,84741,10641,435
General Partner, 325,920,522 and 326,953,791 units outstanding, respectively2,981,7283,097,089
Limited Partners, 48,913,717 and 47,302,958 units outstanding, respectively447,494448,076
Total partners' equity3,470,3283,586,600
Nonredeemable noncontrolling interests in properties, net21,32125,052
Total equity3,491,6493,611,652
Total liabilities and equity34,283,49533,011,274
Simon Property Group, L.P. | TRG  
ASSETS:  
Investment, in equity3,049,7193,074,345
Simon Property Group, L.P. | Klepierre  
ASSETS:  
Investment, in equity1,527,8721,561,112
Simon Property Group, L.P. | Unconsolidated Investments excluding Klepierre and TRG  
ASSETS:  
Investment, in equity3,540,6483,511,263
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 stock3334
Class B 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
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 Tue May 07 2024, market cap of Simon Property Group Inc is 48.21 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 Tue May 07 2024, SPG's PE ratio (Price to Earnings) is 16.41 and Price to Sales (PS) ratio is 8.38. 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.