What Are the Fundamentals Of SPG?

By Chris Stiles • Monday, October 23 15:37 • Permanent Link

Simon Property logged a -0.8% change during today's afternoon session, and is now trading at a price of $105.31 per share. The S&P 500 index moved -0.0%. SPG's trading volume is 1,084,103 compared to the stock's average volume of 1,451,800.

Simon Property trades -18.41% away from its average analyst target price of $129.07 per share. The 15 analysts following the stock have set target prices ranging from $110.0 to $160.0, and on average have given Simon Property a rating of buy.

Anyone interested in buying SPG should be aware of the facts below:

Simon Property's current price is 155.3% above its Graham number of $41.25, which implies that at its current valuation it does not offer a margin of safety
Simon Property has moved 6.0% over the last year, and the S&P 500 logged a change of 12.0%
Based on its trailing earnings per share of 6.58, Simon Property has a trailing 12 month Price to Earnings (P/E) ratio of 16.0 while the S&P 500 average is 15.97
SPG has a forward P/E ratio of 16.6 based on its forward 12 month price to earnings (EPS) of $6.36 per share
The company has a price to earnings growth (PEG) ratio of 2.04 — a number near or below 1 signifying that Simon Property is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 12.17 compared to its sector average of 2.24
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, the company has 2,500 full time employees and a market cap of $39.43 Billion. Simon Property currently returns an annual dividend yield of 6.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.