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Real Estate - REIT - Retail - NYSE - US
$ 150.71
-2.13 %
$ 49.2 B
Market Cap
20.28
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SPG stock under the worst case scenario is HIDDEN Compared to the current market price of 151 USD, Simon Property Group, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SPG stock under the base case scenario is HIDDEN Compared to the current market price of 151 USD, Simon Property Group, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SPG stock under the best case scenario is HIDDEN Compared to the current market price of 151 USD, Simon Property Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SPG

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$190.0$190.0$185.0$185.0$180.0$180.0$175.0$175.0$170.0$170.0$165.0$165.0$160.0$160.0$155.0$155.0$150.0$150.0$145.0$145.0$140.0$140.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
5.96 B REVENUE
5.39%
3.09 B OPERATING INCOME
10.18%
2.37 B NET INCOME
3.84%
3.81 B OPERATING CASH FLOW
-2.95%
1.41 B INVESTING CASH FLOW
203.31%
-4.99 B FINANCING CASH FLOW
-147.08%
1.58 B REVENUE
6.86%
836 M OPERATING INCOME
8.85%
772 M NET INCOME
5.66%
1.09 B OPERATING CASH FLOW
48.57%
8.82 M INVESTING CASH FLOW
-99.13%
-1.86 B FINANCING CASH FLOW
-142.56%
Balance Sheet Simon Property Group, Inc.
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Current Assets 2.2 B
Cash & Short-Term Investments 1.4 B
Receivables 797 M
Other Current Assets 0
Non-Current Assets 29.6 B
Long-Term Investments 7.12 B
PP&E 21.7 B
Other Non-Current Assets 738 M
4.41 %22.42 %68.34 %Total Assets$31.8b
Current Liabilities 3.4 B
Accounts Payable 1.71 B
Short-Term Debt 0
Other Current Liabilities 1.68 B
Non-Current Liabilities 25.4 B
Long-Term Debt 24.8 B
Other Non-Current Liabilities 626 M
5.94 %5.84 %86.04 %Total Liabilities$28.8b
EFFICIENCY
Earnings Waterfall Simon Property Group, Inc.
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Revenue 5.96 B
Cost Of Revenue 938 M
Gross Profit 5.03 B
Operating Expenses 1.93 B
Operating Income 3.09 B
Other Expenses 722 M
Net Income 2.37 B
6b6b5b5b4b4b3b3b2b2b1b1b006b(938m)5b(2b)3b(722m)2bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
84.27% GROSS MARGIN
84.27%
51.86% OPERATING MARGIN
51.86%
0.00% NET MARGIN
0.00%
0.00% ROE
0.00%
0.00% ROA
0.00%
10.81% ROIC
10.81%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Simon Property Group, Inc.
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4b4b3b3b3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.37 B
Depreciation & Amortization 1.36 B
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 0
Others 83.9 M
Free Cash Flow 3.06 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Simon Property Group, Inc.
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Wall Street analysts predict an average 1-year price target for SPG of $169 , with forecasts ranging from a low of $152 to a high of $190 .
SPG Lowest Price Target Wall Street Target
152 USD 0.86%
SPG Average Price Target Wall Street Target
169 USD 12.33%
SPG Highest Price Target Wall Street Target
190 USD 26.07%
Price
Max Price Target
Min Price Target
Average Price Target
190190180180170170160160150150140140130130Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
1.40% DIVIDEND YIELD
2.1 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
9.009.008.008.007.007.006.006.005.005.004.004.003.003.002.002.001.001.000.000.001.41.61.751.952.052.11.651.81.952.11.51.61.751.952.051.31.71.8521.551.651.822.11.31.41.51.751.92.051.66.051.656.501.857.1527.902.18.301.36.001.36.051.656.801.87.501.95.902.14.152015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership Simon Property Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
416 K USD 11
0-3 MONTHS
410 K USD 11
3-6 MONTHS
396 K USD 11
6-9 MONTHS
381 K USD 11
9-12 MONTHS
7. News
Jim Cramer: Simon Property Is A 'Terrific' Company, Says Don't Sell CarMax On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Simon Property Group, Inc. SPG calling it a “terrific” company. benzinga.com - 1 week ago
Don't Put All Of Your REIT Eggs In One Basket Reflecting on past financial losses, I emphasize the importance of diversification to mitigate risks, as exemplified by my own experience with real estate investments. I advocate for a diversified investment portfolio, including REITs, BDCs, MLPs, Preferreds, Asset Managers, and Dividend Aristocrats, to ensure sustained high cash flow. Highlighting eight high-yielding REITs in the S&P 500, I provide insights into their performance, risks, and growth potential, emphasizing the need for diversification within the REIT sector. seekingalpha.com - 1 week ago
The Perfect Storm Is Forming For REIT Outperformance REITs have been in the doghouse for years. However, that could all be changing soon—don't miss the window. I also discuss one near-zero net debt REIT offers inflation protection, recession resistance, and deep value. seekingalpha.com - 2 weeks ago
Hold Simon Property If You're Sick Of The Tariff Rollercoaster SPG is less sensitive to tariff changes due to several reasons and thus can help to stabilize your portfolio with the undergoing uncertainties. The top reasons are its domestic retail focus, diversified tenants, and relatively long-duration leases. Besides such macroscopic considerations, I also see several company-specific catalysts judging from its latest earnings report, such as strong occupancy rates and rents. seekingalpha.com - 2 weeks ago
Simon Property Group: Price Drop Is A Major Opportunity For Long-Term Investors Simon Property Group remains attractive for long-term dividend investors despite recent market volatility and recently hitting a 52-week low share price of $136.34. SPG's strong fundamentals, premium malls in affluent locations, and international expansion position it for growth, with a projected 2.3% FFO growth rate in 2025. The REIT's A-rated balance sheet, robust liquidity, and conservative 62% payout ratio ensure dividend safety and flexibility amid potential economic slowdowns. seekingalpha.com - 2 weeks ago
Simon® Announces Date For Its First Quarter 2025 Earnings Release And Conference Call INDIANAPOLIS , April 16, 2025 /PRNewswire/ --  Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its first quarter earnings release and conference call.  Simon's financial and operational results for the quarter ending March 31, 2025, will be released after the market close on May 12, 2025. prnewswire.com - 2 weeks ago
O vs. SPG: Which Retail REIT Stock is the Smarter Buy? In the world of retail real estate investment trusts (REITs), two names consistently dominate investor conversations: Realty Income Corporation O and Simon Property Group, Inc. SPG. Both are giants in their respective corners of the retail landscape — Realty Income with its single-tenant net lease portfolio and Simon Property with its premium mall and outlet centers. zacks.com - 2 weeks ago
Buy 9 'Safer' Dividend Dogs Of 23 April Barron's Better Bets Than T-Bills Nine out of ten "Safest" BBB dividend dogs are ready to buy, with annual dividends from $1K invested exceeding single share prices. Analysts expect 32.86% to 53.48% net gains from top-ten BBB dogs by April 2026, with an average net gain of 43.38%. Best Buy, LyondellBasell, and Pfizer are among the top projected profit-generating trades based on dividends and target price estimates. seekingalpha.com - 2 weeks ago
Is it the Right Time to Retain SPG Stock in Your Portfolio Now? Simon Property Group gains from its portfolio of premium assets, focus on omnichannel retailing and strategic buyouts, though higher e-commerce adoption is worrisome. zacks.com - 3 weeks ago
Simon Property (SPG) Surges 9.1%: Is This an Indication of Further Gains? Simon Property (SPG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions could translate into further price increase in the near term. zacks.com - 3 weeks ago
Inspired by the First-Ever Big Screen Adaptation of the Bestselling Video Game of All Time, A Minecraft Movie Hologram Experience Launches Nationwide Warner Bros. Pictures and Hologram Media Network have partnered to place an exclusive, immersive A Minecraft Movie show in the network's Proto Hologram units at top malls; Snapchat will debut a first of its kind 3D Body Tracking lens to transform fans into holograms of iconic movie creatures like the Zombie or Skeleton Warner Bros. Pictures and Hologram Media Network have partnered to place an exclusive, immersive A Minecraft Movie show in the network's Proto Hologram units at top malls; Snapchat will debut a first of its kind 3D Body Tracking lens to transform fans into holograms of iconic movie creatures like the Zombie or Skeleton globenewswire.com - 3 weeks ago
Why Investors Need to Take Advantage of These 2 Finance Stocks Now The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now. zacks.com - 3 weeks ago
8. Profile Summary

Simon Property Group, Inc. SPG

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COUNTRY US
INDUSTRY REIT - Retail
MARKET CAP $ 49.2 B
Dividend Yield 1.40%
Description 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.
Contact 225 West Washington Street, Indianapolis, IN, 46204 https://www.simon.com
IPO Date Dec. 14, 1993
Employees 2600
Officers Mr. Steven K. Broadwater Senior Vice President of Financial Reporting & Operations Mr. Adam J. Reuille Senior Vice President & Chief Accounting Officer Mr. Eli M. Simon Executive Vice President, Chief Investment Officer & Director Joseph W. Chiappetta Senior Vice President of Business Solutions & Chief Technology Officer Lee Sterling Chief Marketing Officer Mr. Thomas Ward Senior Vice President of Investor Relations Mr. John Rulli Chief Administrative Officer Mr. Steven E. Fivel J.D. General Counsel & Secretary Mr. Brian J. McDade Executive Vice President & Chief Financial Officer Mr. David E. Simon Chairman, Chief Executive Officer & President