Simon Property logged a -0.2% change during today's morning session, and is now trading at a price of $134.46 per share. The S&P 500 index moved 0.0%. SPG's trading volume is 239,252 compared to the stock's average volume of 1,567,725.
Simon Property trades 2.33% away from its average analyst target price of $131.4 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.
If you are considering an investment in SPG, you'll want to know the following:
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Simon Property's current price is 626.4% above its Graham number of $18.51, which implies that at its current valuation it does not offer a margin of safety
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Simon Property has moved 12.1% over the last year, and the S&P 500 logged a change of 15.0%
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Based on its trailing earnings per share of 6.74, Simon Property has a trailing 12 month Price to Earnings (P/E) ratio of 19.9 while the S&P 500 average is 15.97
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SPG has a forward P/E ratio of 21.8 based on its forward 12 month price to earnings (EPS) of $6.17 per share
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The company has a price to earnings growth (PEG) ratio of 2.57 — a number near or below 1 signifying that Simon Property is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 15.07 compared to its sector average of 2.1
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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.
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Based in Indianapolis, the company has 2,500 full time employees and a market cap of $50.45 Billion. Simon Property currently returns an annual dividend yield of 5.5%.