Don't Buy Simon Property Before Checking Its Fundamentals!

By Naomi Wentworth • Tuesday, October 24 09:53 • Permanent Link

Join us for a quick overview of Simon Property, a Specialty Real Estate Investment Trust company whose shares moved 1.3% today. Here are some facts about the stock that should help you see the bigger picture:

Simon Property has moved 4.0% over the last year, and the S&P 500 logged a change of 11.0%
SPG has an average analyst rating of buy and is -17.42% away from its mean target price of $129.07 per share
Its trailing earnings per share (EPS) is $6.58
Simon Property has a trailing 12 month Price to Earnings (P/E) ratio of 16.2 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $6.36 and its forward P/E ratio is 16.8
The company has a Price to Book (P/B) ratio of 12.32 in contrast to the S&P 500's average ratio of 2.95
Simon Property is part of the Real Estate sector, which has an average P/E ratio of 24.81 and an average P/B of 2.24
SPG has reported YOY quarterly earnings growth of -1.6% and gross profit margins of 0.8%
The company has a free cash flow of $2.27 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 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.