Simon Property Group Stock Today
| SPG Stock | USD 152.45 3.14 2.10% |
Performance6 of 100
| Odds Of DistressLess than 8
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Simon Property is trading at 152.45 as of the 26th of July 2024. This is a 2.10 percent increase since the beginning of the trading day. The stock's lowest day price was 149.79. Simon Property has only a 8 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Note, on July 25, 2024, Representative Victoria Spartz of US Congress acquired $50k to $100k worth of Simon Property Group's common stock.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 13th of December 1993 | Category Real Estate |
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an SP 100 company . Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. The company has 325.94 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 3.06 days to cover. More on Simon Property Group
Moving together with Simon Stock
| 0.63 | FR | First Industrial Realty | PairCorr |
| 0.84 | HR | Healthcare Realty Trust Earnings Call This Week | PairCorr |
| 0.78 | PW | Power REIT | PairCorr |
Moving against Simon Stock
Follow Valuation Options Odds of Bankruptcy
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Simon Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | David Simon | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 5 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Spark Power Group Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Retail REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Stock Exchange Of, SP 500 Index, SP 100 Index, SP 100, NYSE 100 Index, OMX Copenhagen All, Stores, Marketing, SRI Sustainable Growth, FinTech, Real Estate, Retail REITs, REIT—Retail, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsSimon Property can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Simon Property's financial leverage. It provides some insight into what part of Simon Property's total assets is financed by creditors.
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Simon Property Group (SPG) is traded on New York Stock Exchange in USA. It is located in 225 West Washington Street, Indianapolis, IN, United States, 46204-3438 and employs 2,500 people. Simon Property is listed under Retail REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 57.14 B. Simon Property Group runs under Retail REITs sector within Real Estate industry. The entity has 325.94 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 3.06 days to cover.
Simon Property Group has about 621.63 M in cash with 3.93 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.84.
Check Simon Property Probability Of Bankruptcy
Ownership AllocationThe majority of Simon Property Group outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Simon Property to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Simon Property Group. Please pay attention to any change in the institutional holdings of Simon Property Group as this could imply that something significant has changed or is about to change at the company. Please note that on July 25, 2024, Representative Victoria Spartz of US Congress acquired $50k to $100k worth of Simon Property Group's common stock.
Check Simon Ownership Details
Simon Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| T. Rowe Price Associates, Inc. | 2024-03-31 | 4.4 M | |
| Nuveen Asset Management, Llc | 2024-03-31 | 4.4 M | |
| Daiwa Securities Group Inc | 2024-03-31 | 4.2 M | |
| Northern Trust Corp | 2024-03-31 | 3.9 M | |
| Charles Schwab Investment Management Inc | 2024-03-31 | 3.6 M | |
| Amvescap Plc. | 2024-03-31 | 3.4 M | |
| Deutsche Bank Ag | 2024-03-31 | 2.8 M | |
| Ubs Asset Mgmt Americas Inc | 2024-03-31 | 2.7 M | |
| Bank Of New York Mellon Corp | 2024-03-31 | 2.5 M | |
| Vanguard Group Inc | 2024-03-31 | 46.4 M | |
| Blackrock Inc | 2024-03-31 | 33.8 M |
Simon Property Historical Income Statement
Simon Stock Against Markets
Simon Property Corporate Directors
| Reuben Leibowitz | Independent Director | Profile | |
| Glyn Aeppel | Independent Director | Profile | |
| Larry Glasscock | Lead Independent Director | Profile | |
| Daniel Smith | Independent Director | Profile |
Additional Information and Resources on Investing in Simon Stock
When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simon Property. If investors know Simon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simon Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.627 | Dividend Share 7.6 | Earnings Share 7.85 | Revenue Per Share 17.61 | Quarterly Revenue Growth 0.068 |
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simon Property's market value can be influenced by many factors that don't directly affect Simon Property's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.