Shares of Simon Property have moved -0.8% today, and are now trading at a price of $161.14. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 720,423 compared to the stock's average volume of 1,426,396.
Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT). Based in Indianapolis, United States the company has 2,500 full time employees and a market cap of $60,409,290,752. Simon Property currently offers its equity investors a dividend that yields 4.8% per year.
The company is now trading -3.14% away from its average analyst target price of $166.37 per share. The 15 analysts following the stock have set target prices ranging from $145.0 to $200.0, and on average give Simon Property a rating of buy.
Over the last 52 weeks, SPG stock has risen 43.4%, which amounts to a 22.8% difference compared to the S&P 500. The stock's 52 week high is $169.19 whereas its 52 week low is $102.11 per share. With its net margins declining an average -1.3% over the last 6 years, Simon Property may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 5,658,836 | 2,617,018 | 46 | 0.0 |
| 2022 | 5,291,447 | 2,452,385 | 46 | -8.0 |
| 2021 | 5,116,789 | 2,568,707 | 50 | 78.57 |
| 2020 | 4,607,503 | 1,277,324 | 28 | -33.33 |
| 2019 | 5,755,189 | 2,423,188 | 42 | -16.0 |
| 2018 | 5,645,288 | 2,822,343 | 50 |
