Revenue segments as reported by the company.

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Simon Property Group

Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust. It owns, develops and manages retail real estate properties which primarily consist of regional malls, premium outlets and mills. Simon Property Group specializes in the ownership, development, management, leasing, acquisition and expansion of income-producing retail real estate assets. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in December 1993 and is headquartered in Indianapolis, IN.

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Simon Property Group reports solid Q4 performance amidst challenges

Simon Property Group's Q4 2022 performance reflects steady growth in FFO per share and domestic property NOI, driven by strategic investments and strong retailer sales.
Despite challenges from rising interest rates and inflation, the company remains focused on dividend growth, lease renewals, and portfolio optimization for sustained success.
Opportunities lie in redevelopment projects, lease renewals, and expected NOI contributions from new stores, positioning Simon Property Group for continued growth and profitability.

Simon Property Group exceeds Q1 expectations, eyes growth opportunities

Simon Property Group (SPG) delivered strong Q1 2023 results, showcasing growth in property NOI, leasing activity, and retail sales per square foot, supported by enhanced liquidity and strategic investments.
While facing challenges from currency headwinds and lease dynamics, the company's focus on base rent growth, OPI investments, and mixed-use development positions it well for future growth.
Opportunities lie in expanding mixed-use developments, leveraging OPI investments for EBITDA growth, and capitalizing on strong leasing demand and property NOI growth expectations.
Overall, Simon Property Group's performance, strengths, and opportunities indicate a resilient and forward-looking approach to navigating the evolving real estate landscape.

Simon Property Group posts strong Q2 results amidst retail optimism

Simon Property Group delivered a strong Q2 performance with increased FFO and NOI, supported by robust leasing activity.
While facing challenges from Taubman's lower performance, the company aims to sustain growth and capitalize on retail sales optimism.
Opportunities lie in diversification strategies, sustained NOI growth targets, and managing risks from market uncertainties.
Overall, Simon Property Group's financial outlook remains positive, with a focus on maximizing revenue and shareholder value.

Simon Property Group posts strong Q3 results amidst market challenges

Simon Property Group delivered a strong Q3 performance with robust financial results and operational metrics, showcasing resilience and strategic decision-making.
Despite facing challenges related to interest rates, leasing dynamics, and retail market uncertainties, SPG remains proactive in addressing these issues and exploring growth opportunities.
The company's focus on asset optimization, leasing activity, and financial prudence positions it well to navigate market headwinds and capitalize on future opportunities for growth.
Investors should monitor SPG's continued leasing momentum, asset sales strategy, and response to evolving market conditions to assess its long-term performance and value creation.

Simon Property Group posts robust Q4 results and strategic growth outlook

SPG's Q4 2023 earnings call showcased strong financial performance, strategic focus on growth, and operational resilience.
The company's emphasis on portfolio management, value creation, and shareholder returns positions it well for sustained success.
While facing challenges with select retailers and operational efficiencies, SPG's liquidity, dividend increase, and growth outlook offer a positive outlook for investors.

Simon Property Group surpasses Q1 earnings targets amidst industry challenges

Simon Property Group (SPG) delivered strong Q1 results exceeding expectations, showcasing resilience in its operations and strategic investments.
While facing challenges from restructuring charges and macroeconomic uncertainties, SPG leverages its expertise to navigate through industry pressures.
The company's focus on capital recycling, stock buybacks, and strategic investments highlights its commitment to maximizing shareholder value and growth.

Simon Property Group posts robust Q2 results, raises full-year guidance

SPG's Q2 performance reflects resilience, operational strength, and strategic agility amidst market challenges and uncertainties.
The company's financial discipline, portfolio diversification, and shareholder-friendly initiatives position it well for sustained growth and value creation.
By addressing challenges, leveraging opportunities, and maintaining a focus on innovation, SPG aims to drive long-term success and shareholder value.

Simon Property Group reports resilient Q3 performance amidst evolving retail landscape

Simon Property Group (SPG) delivered a solid performance in Q3 2024, marked by strong financial metrics, strategic expansions, and a focus on enhancing customer experience.
While facing challenges in certain segments, SPG remains resilient through financial maneuvers and a commitment to rewarding shareholders, positioning itself for long-term success.
With opportunities in market expansion, strategic initiatives, and addressing changing consumer behaviors, SPG is poised to navigate challenges and drive growth in the dynamic retail landscape.

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Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust, which engages in the ownership, development, and management of shopping, dining, entertainment, and mixed-used destinations, which consist primarily of malls, Premium Outlets, and the Mills. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in 1993 and is headquartered in Indianapolis, IN.

INDIANAPOLIS , Nov. 6, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the "Operating Partnership"), has agreed to sell: $500 million aggregate principal amount of its 6.250% Notes due 2034, and $500 million aggregate principal amount of its 6.650% Notes due 2054.

Simon Property Group Sells $1 Billion of Senior Notes

Simon Property Group is currently paying out a 6.5% dividend yield that's 168% covered by fiscal 2023 third quarter FFO. The REIT has a healthy liquidity profile and manageable debt maturities. FFO for the third quarter beat analyst consensus, with the outlook for the full year increased to set the backdrop for a possible dividend raise.

Simon Property Group's 6.5% Yield Is A Compelling Buy

INDIANAPOLIS , Nov. 1, 2023 /PRNewswire/ -- Simon ® announced today it will not open most domestic properties on Thanksgiving Day. Simon properties will reopen on Black Friday.

Simon® Properties Closed Thanksgiving Day

Simon Property's (SPG) Q3 results reflect better-than-anticipated revenues. The retail REIT also raises its 2023 outlook.

Simon Property (SPG) Tops Q3 FFO Estimates, Raises 2023 Outlook

REITs have declined in the rising rate environment, but Simon Property Group delivered strong Q3 earnings and raised guidance. SPG's properties are thriving, with increased revenue, net income, and portfolio net operating income. SPG's malls are still popular destinations for human engagement, and the company is generating and distributing cash to shareholders.

Simon Property Group's 7% Dividend, Double Beat, And Increased Guidance Attractive

In the realm of property leasing, Simon Property Group, the largest mall owner and developer in the U.S., is seeing growth in tenant sales, particularly in its tourism-centric properties, including both outlets and malls.  While overall foot traffic was reported to be slightly higher compared to the previous year, it remains slightly below 2019 levels.

Simon Property Group Thrives With Strong Tenant Sales Growth and Tourism Rebound

Simon Property Group, Inc. (NYSE:SPG ) Q3 2023 Earnings Call Transcript October 30, 2023 5:00 PM ET Company Participants Tom Ward - SVP, IR David Simon - Chairman, CEO and President Brian McDade - CFO Conference Call Participants Ron Kamdem - Morgan Stanley Caitlin Burrows - Goldman Sachs Samir Khanal - Evercore ISI Alexander Goldfarb - Piper Sandler Jeff Spector - Bank of America Michael Goldsmith - UBS Floris van Dijkum - Compass Point Vince Tibone - Green Street Greg McGinniss - Scotiabank Mike Mueller - JPMorgan Nick Joseph - Citigroup Linda Tsai - Jefferies Haendel St. Juste - Mizuho Juan Sanabria - BMO Capital Markets Operator Greetings. Welcome to the Simon Property Group Third Quarter 2023 Earnings Conference Call.

Simon Property Group, Inc. (SPG) Q3 2023 Earnings Call Transcript

Simon Property (SPG) came out with quarterly funds from operations (FFO) of $3.20 per share, beating the Zacks Consensus Estimate of $2.98 per share. This compares to FFO of $2.97 per share a year ago.

Simon Property (SPG) Q3 FFO and Revenues Surpass Estimates

Although the revenue and EPS for Simon Property (SPG) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Simon Property (SPG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

INDIANAPOLIS , Oct. 30, 2023 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended September 30, 2023. "We produced an excellent quarter highlighted by strong financial and operational performance," said David Simon, Chairman, Chief Executive Officer and President.

Simon® Reports Third Quarter 2023 Results and Increases Full Year 2023 Guidance

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The healthy demand for Simon Property's (SPG) properties, efforts to support omnichannel retailing, a focus on mixed-use assets and solid balance-sheet strength are likely to have aided its Q3 earnings.

Is a Beat in Store for Simon Property (SPG) in Q3 Earnings?

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REITs are down 33% in the 4th worst bear market in history. Outside of the GFC and Pandemic, REITs have never fallen more than 34%. There is a 97% statistical probability that REITs are within 5% of their final bottom. This is as close to "ringing a bell at the bottom" as you'll ever find on Wall Street.

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People often forget that, despite the presence of trading bots and algorithms, the majority of the market is comprised of people with one common goal: to make the bottom number bigger. There is one other thing these participants shared: the same psychological drivers.

Simon Property Group's 7.2% Dividend Has Insiders Buying In Bulk

SPG has had its price beaten up and now presents an interesting opportunity. The starting dividend yield is now 7% and the upside potential sits at 23%. Malls are shifting from retail to experiential, incorporating activities and attractions that will contribute to SPG's success.

Simon Property Group: Malls Are Not Dead

Simon Property (SPG) closed at $105.97 in the latest trading session, marking a +0.72% move from the prior day.

Simon Property (SPG) Advances But Underperforms Market: Key Facts

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Dive into a World of Cutting-edge Footwear & Fitness Apparel at Long Island's Largest Retail Destination GARDEN CITY, N.Y. , Oct. 20, 2023 /PRNewswire/ -- TYR Sport is thrilled to announce the grand opening of its inaugural brick-and-mortar retail location at Roosevelt Field in Garden City, N.Y.

Now Open: TYR Sport Unveils First-Ever Retail Location at Roosevelt Field

The Simon Property Group (NYSE: SPG) stock price has moved sideways in 2023 as concerns about high-interest rates and the upcoming wall of maturities. The stock has dropped by about 7.23% this year and is 14.6% below the YTD high.

The mall is not dead: buy Simon Property Group stock for its 7% yield

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Simon Property (SPG) closed the most recent trading day at $108.33, moving +1.21% from the previous trading session.

Simon Property (SPG) Exceeds Market Returns: Some Facts to Consider

Simon Property Group is the largest owner of shopping malls in the US, but there are better alternatives in the REIT retail segment. The company's revenues primarily come from rental income and are not well-diversified internationally. Despite the impact of COVID-19, SPG has shown resilience with a recovery in occupancy and operating profitability, but its growth prospects are not particularly impressive.

News for Simon Property Group Stock (SPG)