ducovest

SPG-PJ:NYE-Simon Property Group Inc (USD)

PREFERRED STOCK | REIT - Retail |

Last Closing

USD 61.9629

Change

+0.59 (+0.97)%

Market Cap

USD 53.68B

Volume

1.68K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust ("REIT"). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At June 30, 2024, we owned or had an interest in 230 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 84% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at June 30, 2024, we had a 22.4% ownership interest in Klépierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries.

Company Website : https://www.simon.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for REIT - Retail

Symbol Name Price(Change) Market Cap
SPG Simon Property Group Inc

N/A

 USD 60.71B
O Realty Income Corporation

-0.30 (-0.48%)

 USD 54.61B
FRT Federal Realty Investment Trus..

-0.11 (-0.10%)

 USD 9.90B
FRT-PC Federal Realty Investment Trus..

-0.06 (-0.26%)

 USD 9.23B
NNN National Retail Properties Inc

-0.11 (-0.23%)

 USD 8.93B
BRX Brixmor Property

+0.05 (+0.18%)

 USD 8.28B
KIM-PM Kimco Realty Corporation

-0.04 (-0.16%)

 USD 7.96B
ADC Agree Realty Corporation

-0.33 (-0.43%)

 USD 7.67B
KIM-PL Kimco Realty Corporation

-0.04 (-0.17%)

 USD 7.61B
SITC Site Centers Corp

-0.24 (-0.41%)

 USD 3.17B

ETFs Containing SPG-PJ

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Retail) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.49% 34% F 43% F
Dividend Return 7.06% 94% A 92% A
Total Return 11.55% 41% F 58% F
Trailing 12 Months  
Capital Gain 6.71% 25% F 37% F
Dividend Return 7.21% 84% B 82% B
Total Return 13.92% 22% F 45% F
Trailing 5 Years  
Capital Gain -15.56% 32% F 26% F
Dividend Return 25.68% 76% C+ 79% B-
Total Return 10.12% 50% F 38% F
Average Annual (5 Year Horizon)  
Capital Gain -2.47% 22% F 25% F
Dividend Return 3.14% 31% F 41% F
Total Return 5.61% 78% C+ 84% B
Risk Return Profile  
Volatility (Standard Deviation) 10.07% 94% A 78% C+
Risk Adjusted Return 31.15% 53% F 50% F
Market Capitalization 53.68B 91% A- 96% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector