Understanding Simon Property Stocks – A Fundamental Analysis

By Kim Brooks • Saturday, December 07 15:10 • Permanent Link

Large-cap Real Estate company Simon Property has moved 1.1% so far today on a volume of 1,390,679, compared to its average of 1,423,939. In contrast, the S&P 500 index moved 0.0%.

Simon Property trades 0.51% away from its average analyst target price of $182.91 per share. The 17 analysts following the stock have set target prices ranging from $150.0 to $220.0, 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:

Simon Property's current price is 381.8% above its Graham number of $38.16, which implies that at its current valuation it does not offer a margin of safety
Simon Property has moved 36.4% over the last year, and the S&P 500 logged a change of 31.8%
Based on its trailing earnings per share of 7.52, Simon Property has a trailing 12 month Price to Earnings (P/E) ratio of 24.4 while the S&P 500 average is 29.3
SPG has a forward P/E ratio of 27.1 based on its forward 12 month price to earnings (EPS) of $6.78 per share
Its Price to Book (P/B) ratio is 22.45 compared to its sector average of 2.15
Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT).
Based in Indianapolis, the company has 2,500 full time employees and a market cap of $69.03 Billion. Simon Property currently returns an annual dividend yield of 4.3%.

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.