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Simon Property Group Inc

SPG.N

Latest Trade

134.23USD

Change

-0.31(-0.23%)

Volume

617,275

Today's Range

133.33

 - 

134.70

52 Week Range

59.04

 - 

136.70

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
134.54
Open
134.70
Volume
617,275
3M AVG Volume
57.84
Today's High
134.70
Today's Low
133.33
52 Week High
136.70
52 Week Low
59.04
Shares Out (MIL)
328.54
Market Cap (MIL)
44,099.84
Forward P/E
30.37
Dividend (Yield %)
3.87

Next Event

Dividend For SPG_pj.N - 1.0469 USD

Latest Developments

More

Simon Property Sees FY FFO Per Share $9.70 To $9.80

Simon Property Group Announces Offering Of Euro-Denominated Notes

Simon Property Group Sees FY 2021 FFO Per Share $9.50 To $9.75

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About Simon Property Group Inc

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills. Simon Property Group, L.P. (Operating Partnership), is the Company's partnership subsidiary that owns all of its real estate properties and other assets. As of December 31, 2016, the Company owned or held an interest in 206 income-producing properties in the United States, which consisted of 108 malls, 67 Premium Outlets, 14 Mills, four lifestyle centers, and 13 other retail properties in 37 states and Puerto Rico. As of December 31, 2016, it had redevelopment and expansion projects, including the addition of anchors, big box tenants, and restaurants, underway at 27 properties in the United States and it had one outlet and one other retail project under development.

Industry

Real Estate Operations

Contact Info

225 W Washington St

INDIANAPOLIS, IN

46204-3438

United States

+1.317.6361600

http://www.simon.com

Executive Leadership

David E. Simon

Chairman of the Board, President, Chief Executive Officer

Herbert Simon

Chairman Emeritus

Richard S. Sokolov

Vice Chairman of the Board

Brian J. McDade

Chief Financial Officer, Executive Vice President, Treasurer

Adam J. Reuille

Senior Vice President, Chief Accounting Officer

Key Stats

2.42 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

5.7K

2019

5.2K

2020

4.3K

2021(E)

4.6K
EPS (USD)

2018

7.870

2019

6.810

2020

3.590

2021(E)

4.346
Price To Earnings (TTM)
38.10
Price To Sales (TTM)
9.81
Price To Book (MRQ)
14.59
Price To Cash Flow (TTM)
16.80
Total Debt To Equity (MRQ)
853.61
LT Debt To Equity (MRQ)
853.61
Return on Investment (TTM)
4.28
Return on Equity (TTM)
3.74

Latest News

Latest News

Apollo Global to add five new board members

Private equity firm Apollo Global Management Inc said on Friday it will add David Simon, chief executive officer of Simon Property Group Inc, to its board along with four members from Athene Holding Ltd.

Simon Property beats profit estimates as Americans return to malls

Simon Property Group Inc reported better-than-expected quarterly results on Monday, as the largest U.S. mall operator benefited from the return of pandemic-weary shoppers to brick-and-mortar stores.

Mall landlord Simon Property reports 8.4% fall in revenue

Simon Property Group Inc reported an 8.4% fall in quarterly revenue on Monday, as the largest U.S. mall owner collected less rent from tenants who are still dealing with the effects of the COVID-19 pandemic.

Simon Property, Authentic Brands to buy outdoor gear label Eddie Bauer

Top U.S. mall owner Simon Property Group Inc and Authentic Brands Group LLC have agreed to buy Eddie Bauer, adding the outdoor gear and apparel retailer to a brand marquee housing Aéropostale, Forever 21 and Brooks Brothers.

Simon Property forecasts higher annual profit as rent collection improves

Simon Property Group Inc forecast a rise in its 2021 profit on Monday as the U.S. mall operator benefits from improving rent collection and a recovery in the retail industry, pushing its shares up 2% in extended trading.

Mall landlord Simon Property reports 24% fall in revenue

Simon Property Group Inc reported a 24% fall in quarterly revenue on Monday as the largest U.S. mall owner reduced and delayed rent collection from retail tenants struggling to cope with the COVID-19 pandemic.

J.C. Penney starts search for new CEO as Soltau to exit

Department store chain J.C. Penney Co Inc said on Wednesday new owners Simon Property Group and Brookfield Asset Management Inc have begun a search for a new chief executive officer to replace Jill Soltau.

J.C. Penney's retail and operating assets to exit Chapter 11

J.C. Penney Co Inc said on Monday its retail and operating assets would exit Chapter 11 as two of its biggest landlords, Simon Property Group and Brookfield Asset Management Inc, have acquired nearly all such assets.

J.C. Penney's retail and operating assets to exit Chapter 11

J.C. Penney Co Inc said on Monday its retail and operating assets would exit Chapter 11 as two of its biggest landlords, Simon Property Group and Brookfield Asset Management Inc, have acquired nearly all such assets.

Simon Property cuts purchase price for Taubman stake amid COVID hit

Simon Property Group Inc <SPG.N>, the biggest U.S. mall operator, will cut its purchase price for an 80% stake of rival Taubman Centers Inc <TCO.N> by 18%, both companies said on Sunday, as the coronavirus upends the retail industry sector.

Simon Property's results miss due to unpaid rents, retail bankruptcies

America's largest mall operator Simon Property Group Inc <SPG.N> on Monday missed quarterly estimates for earnings and lease income, as retailers ravaged by the COVID-19 pandemic shut stores, paid lower rents or delayed payments.

Mall landlord Simon Property's revenue falls 25%

Simon Property Group Inc on Monday reported a 25% fall in quarterly revenue, as the COVID-19 pandemic ravaged the retail industry leading to dwindling traffic, store closures and retail bankruptcies.

J.C. Penney enters asset purchase agreement with Brookfield, Simon

J.C. Penney Co Inc said on Wednesday it has entered an asset purchase agreement with Brookfield Asset Management Inc, Simon Property Group and a majority of the company's first lien lenders.

J.C. Penney lenders fling accusations of 'economic terrorism' ahead of bankruptcy sale

J.C. Penney on Monday obtained court approval to move ahead with its proposed sale process as a fight between two groups of lenders intensified.

J.C. Penney sale talks stall: Bloomberg News

Talks between J.C. Penney Co's lenders and the would-be buyers, Simon Property Group Inc <SPG.N> and Brookfield Property Partners LP <BPY.O>, broke down in recent days, Bloomberg News reported on Thursday, citing people with knowledge of the negotiations.

Mall owner Simon adds intriguing new claim in Taubman MAE case

Covering M&A litigation in the COVID-19 era can be a little like shopping in a luxury mall – your attention is constantly being diverted by something new. One minute it’s Victoria’s Secret. The next it’s Tiffany and Louis Vuitton. Shiny objects abound.

J.C. Penney reaches tentative rescue deal, averting liquidation

J.C. Penney Co Inc reached a tentative deal with landlords and lenders valued at $1.75 billion (1.35 billion pounds) to rescue the beleaguered department store chain from bankruptcy proceedings, averting a liquidation that would have threatened roughly 70,000 jobs and represented...

EXCLUSIVE-J.C. Penney on cusp of rescue deal with landlords -sources

J.C. Penney Co Inc's landlords are nearing a deal to rescue the beleaguered department store chain from bankruptcy proceedings, averting a liquidation that would have threatened roughly 70,000 jobs and represented one of the most significant business collapses following...

Breakingviews - Corona Capital: “Halo”, Salesforce, Brooks Bros

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Mall owner Simon Property profit disappoints as pandemic cuts shopping days

Simon Property Group Inc <SPG.N> missed Wall Street estimates for quarterly profit on Monday, hurt by unpaid rent from retailers across its U.S. malls who suffered a total loss of 10,500 shopping days due to coronavirus-led lockdowns.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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