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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.

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

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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.

Simon Property Group, Inc. reported $4.4 billion in FFO for 2022, a 5% increase compared to pre-pandemic levels in 2019, showing its resilience during crisis periods. Despite a slight potential undervaluation, I suggest considering alternatives to Simon Property Group, such as Unibail-Rodamco-Westfield SE or W. P. Carey Inc. These two alternative ideas may offer higher total returns while suiting different types of investors who are, however, considering maintaining their exposure within the REIT space.

Simon Property Group: A Fine REIT, But Better Alternatives Exist

I was too cautious on Simon Property Group stock previously. The company's robust business model has proved me wrong, as astute buyers bought aggressively late last year. SPG's premium retail properties and unique experiences are expected to provide a strong advantage. A more positive macro outlook should also improve buying sentiments. SPG remains relatively undervalued when compared to its long-term averages. The market remains focused on high interest rates in the near term, opening up fantastic opportunities for long-term buyers.

Simon Property Stock: Still Undervalued, Not Appreciated

INDIANAPOLIS , July 14, 2023  /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its second quarter earnings release and conference call.  Simon's financial and operational results for the quarter ending June 30, 2023, will be released after the market close on August 2, 2023.

Simon® Announces Date For Its Second Quarter 2023 Earnings Release And Conference Call

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This article was targeted for my mother who is looking to put some dry powder to work so she can take advantage of the opportunities in the REIT sector. The article is the first in a two-part series such that my Mom can use this blueprint for her new REIT portfolio. The objective is to construct a diversified portfolio of 20 REITs that consists of some of the highest-quality REITs that are trading at a wide margin of safety.

Mom's All-Weather REIT Portfolio (Part 1)

Simon has limited near-term debt maturities. The company's dividend is well covered.

Here's How Simon Property Group Can Afford Its 6.5% Dividend Yield

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The 7 Highest-Yielding S&P 500 Stocks Could Be Huge ‘Strong Buy' Winners for the Second Half of 2023

Using my own experience with Simon Property Group's valuation as an example, I discuss the challenges of human thinking and its impact on financial analysis. I highlight the importance of considering changing discount rates and growth rates in valuation, and how these factors can significantly impact the perceived value of a stock. My previous valuation of Simon Property Group stands revised, now estimating a price range of $140 to $170, which still offers a solid upside potential for investors.

Simon Property Group: Rethinking My Valuation Of The Stock (Rating Downgrade)

Simon Property Group is a fundamentally sound business. The company's market-crushing dividend looks safe.

Is Simon Property Group Stock a Buy?

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Alexandria Real Estate Equities provides office and lab space for work that can't be done at home. Prologis's stock has plunged even though its underlying business is still growing strongly.

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This real estate company's leadership just made the case that it's extremely cheap right now.

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Simon Property (SPG) announces collaboration with Razer to bring award-winning gaming products to five of its shopping centers, bolstering the in-person shopping experience for customers.

Simon (SPG) Bolsters Shopping Experience With Razer Collab

There are many reasons why investors will sell a stock. We're only human after all.

Insider Buying Supports a Bullish Case for Simon Property Group

INDIANAPOLIS , June 13, 2023 /PRNewswire/ -- Simon ® and Razer, the leading global lifestyle brand for gamers, announced their collaboration for five RazerStore shops as the brand continues its experiential retail expansion in 2023. Each RazerStore offers premium gaming hardware and gear created for gamers by gamers.

Simon® and Razer™ Expand Experiential Retail Footprint in 2023

INDIANAPOLIS , June 8, 2023 /PRNewswire/ -- Simon ® will launch its second annual National Outlet Shopping Day™ this Saturday, June 10, and Sunday, June 11, at Simon Premium Outlets® and The Mills® properties throughout the United States, Canada and across the globe. Following on the success of last year's inaugural event, which attracted millions of deal hunters to Simon centers across the country, the 2023 celebration will be even bigger and better.

Simon® Centers Gear Up for Millions of Deal Hunters During This Weekend's Second Annual National Outlet Shopping Day™

Market Data shows top tier malls are thriving in the years coming out of the Covid Pandemic. Simon continues to adapt and invest in growth by investing in undervalued retailers, executing accretive redevelopments, and taking steps to enter the Asset Management business. Simon is severely undervalued by almost every observable metric including FFO Multiple, Dividend Yield, and Net Asset Value.

Simon Property Group: Fundamentals And Price Don't Align

It's been some time since I last reviewed Simon Property Group, Inc. A big part of my position was established at double-digit lows 1-2 years ago. For that reason, I've been hesitant to expand upon Simon Property Group stock at prices above $110, even though $110 may be a good price from a long-term perspective. However, right now, the company is touching triple-digit lows and skirting double-digit pricing. I believe the time has come to revisit SPG.

Simon Property Group: Interesting Undervaluation Levels Once Again

Macerich

Mall REITs are today hated and deeply discounted. We think that Simon Property Group and Macerich are both attractive. But which one is the best buying opportunity today?

Simon Property Vs. Macerich: What's The Best Mall REIT To Buy Today?

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Macerich owns a collection of high-performing malls. The stock has a large 7.2% dividend yield.

Leverage Is a Lead Weight On This High-Yielder's Recovery

Simon's (SPG) landmark venture represents the latest transformation in mixed-use development, marking the first hotel within the Northgate Station complex.

Simon (SPG) Boosts Northgate Station With New Residence Inn

SEATTLE , May 31, 2023 /PRNewswire/ -- Simon® , a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced construction has commenced on a new Residence Inn® by Marriott® at Northgate Station . The first hotel at Northgate Station is the latest transformation in this world-class, mixed-use development in the heart of the Northgate Station and will be an important amenity for the community.

Simon's Northgate Station Breaks Ground on Residence Inn® by Marriott® as Next Phase of the Transformational Development

Simon Property Group has recovered from the pandemic, with improved occupancy rates, retailer sales per square foot, and average base rent for its U.S. malls and premium outlets. Despite challenges from e-commerce and a potential recession, SPG has managed to raise rents and maintain occupancy rates, indicating a healthy business environment for malls. SPG is currently undervalued, offering investors a wide margin of safety and the potential for double-digit returns in the coming years.

News for Simon Property Group Stock (SPG)