Shares of Real Estate sector company Simon Property moved 0.5% today, and are now trading at a price of $183.44. The Large-Cap stock's daily volume was 143,145 compared to its average volume of 1,612,546. The S&P 500 index returned a 0.0% performance.
Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT). The company is based in Indianapolis and has 2,600 full time employees. Its market capitalization is $69,188,796,416. Simon Property currently offers its equity investors a dividend that yields 4.6% per year.
20 analysts are following Simon Property and have set target prices ranging from $169.0 to $225.0 per share. On average, they have given the company a rating of buy. At today's prices, SPG is trading -2.64% away from its average analyst target price of $188.4 per share.
Over the last year, SPG's share price has increased by 5.2%, which represents a difference of -9.0% when compared to the S&P 500. The stock's 52 week high is $190.14 per share whereas its 52 week low is $136.34. With average free cash flows of $2.87 Billion that have been growing at an average rate of 0.9% over the last 5 years, Simon Property is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 3,814,655 | 755,584 | 3,059,071 | -2.5 |
| 2023 | 3,930,793 | 793,283 | 3,137,510 | 0.67 |
| 2022 | 3,766,604 | 650,024 | 3,116,580 | 0.23 |
| 2021 | 3,637,402 | 527,935 | 3,109,467 | 68.76 |
| 2020 | 2,326,698 | 484,119 | 1,842,579 | -37.15 |
| 2019 | 3,807,831 | 876,011 | 2,931,820 |
