Shares of Real Estate sector company Simon Property moved 1.8% today, and are now trading at a price of $123.15. The large-cap stock's daily volume was 461,680 compared to its average volume of 1,453,062. The S&P 500 index returned a 0.0% performance.
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. The company is based in Indianapolis and has 2,500 full time employees. Its market capitalization is $46,092,210,176. Simon Property currently offers its equity investors a dividend that yields 5.8% per year.
15 analysts are following Simon Property and have set target prices ranging from $106.0 to $160.0 per share. On average, they have given the company a rating of buy. At today's prices, SPG is trading -5.41% away from its average analyst target price of $130.2 per share.
The stock's 52 week high is $133.08 per share whereas its 52 week low is $86.02. With average free cash flows of $2.75 Billion that have been growing at an average rate of 1.5% over the last 4 years, Simon Property is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 3,766,604 | -650,024 | 3,116,580 | 0.23 |
| 2021-12-31 | 3,637,402 | -527,935 | 3,109,467 | 68.76 |
| 2020-12-31 | 2,326,698 | -484,119 | 1,842,579 | -37.15 |
| 2019-12-31 | 3,807,831 | -876,011 | 2,931,820 | n/a |
