Simon Property Group Inc

Company Profile

Simon Property Group Inc had its IPO on 1993-12-13 under the ticker symbol SPG.

The company operates in the Real Estate sector and REIT-Retail industry. Simon Property Group Inc has a staff strength of 2,500 employees.

Stock update

Shares of Simon Property Group Inc opened at $114.25 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $114.17 - $116.08, and closed at $115.48.

This is a +0.64% increase from the previous day's closing price.

A total volume of 1,313,921 shares were traded at the close of the day’s session.

In the last one week, shares of Simon Property Group Inc have increased by +2.17%.

Simon Property Group Inc's Key Ratios

Simon Property Group Inc has a market cap of $42.96 billion, indicating a price to book ratio of 13.1341 and a price to sales ratio of 8.4826.

In the last 12-months Simon Property Group Inc’s revenue was $5.44 billion with a gross profit of $4.29 billion and an EBITDA of $3.93 billion. The EBITDA ratio measures Simon Property Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Simon Property Group Inc’s operating margin was 48.88% while its return on assets stood at 5.04% with a return of equity of 64.83%.

In Q2, Simon Property Group Inc’s quarterly earnings growth was a negative -1.6% while revenue growth was a positive 7%.

Simon Property Group Inc’s PE and PEG Ratio

Forward PE

17.9211

Trailing PE

17.4377

PEG

2.059

Its diluted EPS in the last 12-months stands at $6.58 per share while it has a forward price to earnings multiple of 17.9211 and a PEG multiple of 2.059. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Simon Property Group Inc’s profitability.

Simon Property Group Inc stock is trading at a EV to sales ratio of 12.2123 and a EV to EBITDA ratio of 14.3147. Its price to sales ratio in the trailing 12-months stood at 8.4826.

Simon Property Group Inc stock pays annual dividends of $7.2 per share, indicating a yield of 6.63% and a payout ratio of 111.7%.

Balance sheet and cash flow metrics

Total Assets

$32.82 billion

Total Liabilities

$3.30 billion

Operating Cash Flow

$-153221000.00

Capital Expenditure

$221.23 million

Dividend Payout Ratio

111.7%

Simon Property Group Inc ended 2024 with $32.82 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $32.82 billion while shareholder equity stood at $2.87 billion.

Simon Property Group Inc ended 2024 with $0 in deferred long-term liabilities, $3.30 billion in other current liabilities, 34000.00 in common stock, $-6189540000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $837.47 million and cash and short-term investments were $837.47 million. The company’s total short-term debt was $0 while long-term debt stood at $24.99 billion.

Simon Property Group Inc’s total current assets stands at $1.58 billion while long-term investments were $7.96 billion and short-term investments were $0. Its net receivables were $738.17 million compared to accounts payable of $1.54 billion and inventory worth $0.

In 2024, Simon Property Group Inc's operating cash flow was $-153221000.00 while its capital expenditure stood at $221.23 million.

Comparatively, Simon Property Group Inc paid $1.12 in dividends in 2024.

Other key metrics

Current Trading Price

$115.48

52-Week High

$126.8501

52-Week Low

$80.7534

Analyst Target Price

$131.43

Simon Property Group Inc stock is currently trading at $115.48 per share. It touched a 52-week high of $126.8501 and a 52-week low of $126.8501. Analysts tracking the stock have a 12-month average target price of $131.43.

Its 50-day moving average was $116.57 and 200-day moving average was $111.88 The short ratio stood at 4.42 indicating a short percent outstanding of 0%.

Around 90% of the company’s stock are held by insiders while 8902.1% are held by institutions.