Shares of Simon Property have moved 0.4% today, and are now trading at a price of $118.8. Today's trading volume is 675,686 compared to the stock's average volume of 1,484,072.
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. Based in Indianapolis, United States the company has 2,500 full time employees and a market cap of $44,464,107,520. Simon Property currently offers its equity investors a dividend that yields 6.0% per year.
The company is now trading -9.61% away from its average analyst target price of $131.43 per share. The 14 analysts following the stock have set target prices ranging from $106.0 to $160.0, and on average give Simon Property a rating of buy.
Over the last 52 weeks, SPG stock has risen 17.0%, which amounts to a 7.0% difference compared to the S&P 500. The stock's 52 week high is $133.08 whereas its 52 week low is $86.02 per share. Based on Simon Property's average net margin growth over the last 4 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-23 | 5,291,447 | 2,139,535 | 40.43 | -8.05 |
| 2022-02-24 | 5,116,789 | 2,249,631 | 43.97 | 82.07 |
| 2021-02-25 | 4,607,503 | 1,112,564 | 24.15 | -33.87 |
| 2020-02-21 | 5,755,189 | 2,101,584 | 36.52 | n/a |
