Simon Property Story Overview

SPG -- USA Stock  

USD 165.16  0.68  0.41%

Macroaxis News
  
By Nathan Young

Simon Property Group is a company that purchases real estate, most notably retail real estate including malls and shopping centers. Retail has been struggling these last several quarters and many fear it still could fall even lower. The biggest day in retail is rapidly approaching and it may be a time to monitor investments that are related to this category. The reason property is in focus in this article is with all of the stores going bankrupt, you want to ensure that the companies owning retail real estate are properly diversified and able to handle the slow down.

Trading
Fama & French Classification
Retail Real Estate Has Cooled off Creating Potential Buying Opportunities

Simon Property Group released their latest quarterly numbers in late October and net income was $513.8M compared to $504.7M in the prior year for the same period. This number contains income related to disposition and acquisition activity. Comparing the last nine months, net income has come in at $1.374B, compared to $1.441B in the prior year for the same period. Numbers have remained steady and as a real estate company, this is what investors want to see. It may be beneficial to wait for full year numbers as that will take into account the large sell off in the retail space.




David Simon, Chairman and CEO of Simon Property Group stated he was “very pleased” with quarterly results. Occupancy numbers were solid and leasing was sound as well, indicating their investments are doing well.  

There are two ways to place Simon Property Group and the first is a real estate play. For comparisons, you could venture into the REIT space. Real estate has done well over the last several years, but since this is specific to retail, it may move differently than traditional real estate. Secondly, you can play this as a retail investment considering it depends on companies occupying store space. This is why it may be more beneficial to wait for full year numbers to get a solid feel for the markets health.  

The stock has increased over the long term, but has since retraced a bit due to the slowing retail market. Now would be a good time for due diligence because price may be at a discount compared against current market conditions. One aspect that you may note as well is Simon Property Group invests in higher end malls, which can help with the stability of the company.  

For those who are uninvested at this point, I highly recommend completing your due diligence and seeing if this is a sound investment. Read the reports and get a feel for what management is saying and feeling for the future. Simon Property Group is a very flexible investment given their business plan, but make sure you are not overly invested by having this company and other retail companies in your portfolio.

Story Momentum

This article from Macroaxis published on 20 of November contributed to the next trading period price escalation.The trading price change to the next next day price was 0.09% . The trading price change when the story was published to current price is 3.35% .

Similar stores for Simon Property

2 days ago at www.macroaxis.com 
Sale by Mautner Hans C of 400 shares of Simon Property
Macroaxis News
Filed transaction by Simon Property Group Inc officer. General open market or private sale of non-derivative or derivative security
few days ago at www.macroaxis.com 
Sale by York M Denise Debartolo of 8300 shares of Simon Property
Macroaxis News
Filed transaction by Simon Property Group Inc director. General open market or private sale of non-derivative or derivative security
over a week ago at www.macroaxis.com 
Sale by Bloom David C of 100000 shares of Simon Property
Macroaxis News
Filed transaction by Simon Property Group Inc executive. General open market or private sale of non-derivative or derivative security
over a week ago at www.macroaxis.com 
Acquisition by Brian McDade of 650 shares of Simon Property subject to Rule 16b-3
Macroaxis News
Filed transaction by Simon Property Group Inc officer. Grant, award or other acquisition pursuant to Rule 16b-3
over two weeks ago at http://thewellesleysnews.com 
Equity Research Analysts Stock Ratings Mizuho Financial Group, Inc. , Simon Property Group, Inc.
news
Analyst JournalFull coverage
over two weeks ago at http://www.nasdaq.com 
AGNC Investment Corp. Ex-Dividend Date Scheduled for May 30, 2018
nasdaq News
NasdaqFull coverage
over three weeks ago at http://stocknewsgazette.com 
Are These Stocks A Sure Bet Simon Property Group, Inc. , Welbilt, Inc.
news
StockNewsGazetteSimon Property Group Receives Average Rating of Hold from Brokerages Week HeraldSimon Ppty Group INC New Shareholder Twin Tree Management LP Has Cut Holding as Market Value ... Frisco FastballSimon Celebrates Members of Armed Forces with Year-Round Military Appreciation Programming PR NewswireFull coverage
over three weeks ago at www.macroaxis.com 
Sale by York M Denise Debartolo of 1200 shares of Simon Property
Macroaxis News
Filed transaction by Simon Property Group Inc director. General open market or private sale of non-derivative or derivative security
over a month ago at http://macondaily.com 
State of Wisconsin Investment Board Reduces Holdings in Simon Property Group
news
Macon DailyWhich is more compelling pick right now Kinross Gold Corporation , Simon Property Group, Inc. StockNewsGazetteSimon Property Group Holdings Lifted by Lincluden Management Ltd. The Ledger GazetteFull coverage
over a month ago at http://www.nasdaq.com 
Summit Hotel Properties, Inc. Ex-Dividend Date Scheduled for May 15, 2018
nasdaq News
NasdaqQuotidian Technical Highlights on Selected Real Estate Development Stocks -- Invitation Homes, LGI Homes, Summit ... PR NewswireFull coverage
over a month ago at http://seekingalpha.com 
Should CBL Eliminate The Dividend
seekingalpha News
Seeking AlphaFull coverage
over two months ago at http://stocksmarketcap.com 
Price to Earnings Ratio under Consideration Simon Property Group Inc
news
Stocks Market CapPhilip Morris International Inc. - PM - Stock Price Today - Zacks ZacksFull coverage
over three months ago at http://stockspen.com 
Stock to Watch Simon Property Group
news
Stocks PenFull coverage

Latest Stories

Recently Published Stories

Compare

Compare Simon Property To Peers

Revenue

Revenue Comparative Analysis
  Revenue 
      Simon Property Comparables 
Simon Property is rated third in revenue category among related companies. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Also please take a look at Simon Property Hype Analysis, Simon Property Correlation and Simon Property Performance. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.