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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.

Earnings data Q1 2021

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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.

Macerich

Tanger Factory Outlet Centers

The ICSC conference in Las Vegas provided valuable information and enthusiasm about the retail industry. I've been saying for a decade and a half now that America built too many malls. Today, I will focus on the mall REIT sector, specifically Simon Property Group, Tanger Inc., and Macerich.

Mall Mania

British American Tobacco

Kinder Morgan

Realty Income Corp

Pfizer

Neos S&P 500 High Income ETF

The stock market closed at record highs in the third week of May, with the S&P 500 exceeding 40,000. The Dividend Harvesting Portfolio reached another all-time high, with an ROI of 14.44% and a forward projected dividend income of $1,496.16. The portfolio is diversified across various asset classes, with equities, ETFs, REITs, CEFs, and BDCs generating significant dividend income.

Dividend Harvesting Portfolio Week 168: $16,800 Allocated, $1,496.16 In Projected Dividends

In a strategic move to transform the luxury shopping landscape, Simon Property (SPG) announces a revitalization project at Fashion Valley, San Diego.

Simon Property (SPG) Announces a Revamp of Fashion Valley

Center Uniquely Positioned to Serve Greater San Diego and Beyond, as Growth Continues INDIANAPOLIS , May 20, 2024 /PRNewswire/ -- Simon ® , a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, today announced significant reinvestment to integrate luxury living at Fashion Valley . Following the recent completion of a multimillion-dollar revitalization, the new development further positions the center as the epicenter of upscale shopping, dining, and living in the San Diego area.

SIMON® ANNOUNCES NEW LUXURY LIFESTYLE MIXED-USE DEVELOPMENT AT FASHION VALLEY, SAN DIEGO'S TOP SHOPPING DESTINATION

In the ever-evolving landscape of retail real estate, Simon Property Group (SPG) announces reinvesting in Houston's iconic The Galleria.

Simon Property (SPG) Announces Revamp of Houston's The Galleria

Dream Finders Homes

Ryman Hospitality Properties

Dream Finders Homes has taken advantage of an excellent environment for homebuilders. Ryman Hospitality Properties has shown the resilience of group travel.

3 Stocks That Have Doubled My Money Already but Still Look Like Dirt Cheap Bargains

Luxury Offering Continues to Expand Due to Strong Demand INDIANAPOLIS , May 16, 2024 /PRNewswire/ -- Simon® , a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, today announced its plans to further invest in Houston's The GalleriaTM  with an interior and exterior revitalization. In addition, several renowned brands have invested in their Galleria boutiques with significant expansions and updates.

Simon® Reinvesting in Houston's The Galleria™, One of the Most Iconic, Luxurious Shopping Centers in the U.S.

Equinix

Prologis

Rexford Industrial Realty

Real estate stocks have underperformed due to higher inflation and no rate cuts, but certain subsectors like regional malls and data centers have done well. REITs are currently cheap and historically performed well after the last rate hike by the Fed. Will this time be different? I share my take on it and 2 top REIT buys.

Don't Miss The Best Time To Buy REITs Since The Great Financial Crisis Of 2009

Park Hotels & Resorts

Ventas

Real estate is the worst-performing sector, down over 5% year-to-date (YTD). Due to higher for longer rates, there has been a broad-based selloff.

3 Cheap REITs to Buy Now: May 2024

Wells Fargo

Exxon Mobil

Morgan Stanley (NYSE: MS ) strategists are urging investors to snap up U.S. government bonds, even if the economy doesn't slow down, as they believe bond yields could fall dramatically driven by “residual seasonality,” a statistical quirk that can sway economic data even after seasonal adjustments, leading them to predict a more rapid decline in inflation than the market is currently pricing in. This has led to my list of three stocks to sell in light of this prediction by MS.

Shock Economic Slowdown: 3 Stocks to Sell NOW as Residual Seasonality Upends Forecasts

Express

Asbury Automotive Group

Express Inc

U.S. mall giant Simon Property Group Simon Property Group has exited Authentic Brands Group (ABG), selling off its near 10% stake in the international brand management business for nearly $1.2 billion.

Simon Sells ABG Stake, Eyes Express Despite Cooling Retail Holdings

Simon Property Group has shown strong growth year-over-year and is a resilient REIT despite challenging economic conditions. SPG reported a strong Q1, with FFO increasing double-digits for the full-year and beating revenue expectations. The company has made new developments and renovations to retain and attract customers, and has raised its dividend, making it an attractive long-term investment.

Simon Property Group: Still A Buy For Long-Term Dividend Growth Investors

Alexandria Real Estate Equities

Opportunities for deploying sizable capital are limited for Berkshire Hathaway, but there are abundant opportunities for retail investors in dividend stocks.

2 Top-Tier REITs You Can Buy At Big Discounts

American Tower

Crown Castle International

The real estate investment trust ( REIT ) universe could be worth monitoring this summer as investors hope for the Federal Reserve to deliver the first interest rate cut. Undoubtedly, there's a lot more to REITs than just where interest rates are headed next.

The 3 Best REITs to Buy in May 2024

Simon Property's (SPG) Q1 results reflect a better-than-expected top line. This retail REIT behemoth raises its 2024 FFO per share outlook and dividend.

Simon Property (SPG) Up on Q1 FFO Beat, Outlook & Dividend Raise

Simon Property Group has seen a “big comeback” in malls, driven in part by domestic tourism. The company, which is a real estate investment trust that owns shopping, dining, entertainment and mixed-use destinations, saw its occupancy rise 1.1% year over year (YoY) and reach 95.

Simon Property Group Sees ‘Big Comeback' in Malls

Simon Property Group, Inc. (NYSE:SPG ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Tom Ward - Senior Vice President, Investor Relations David Simon - Chairman, Chief Executive Officer and President Brian McDade - Executive Vice President and Chief Financial Officer Conference Call Participants Caitlin Burrows - Goldman Sachs Lizzy Doykan - Bank of America Samir Khanal - Evercore ISI Ronald Kamdem - Morgan Stanley Michael Goldsmith - UBS Alexander Goldfarb - Piper Sandler Nicholas Joseph - Citi Floris van Dijkum - Compass Point Vince Tibone - Green Street Juan Sanabria - BMO Capital Markets Haendel St. Juste - Mizuho Securities Linda Tsai - Jefferies Simon Hong - JPMorgan Greg McGinniss - Scotiabank Operator Greetings and welcome to the Simon Property Group First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Simon Property Group, Inc. (SPG) Q1 2024 Earnings Call Transcript

The headline numbers for Simon Property (SPG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Simon Property (SPG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Simon Property (SPG) came out with quarterly funds from operations (FFO) of $3.56 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to FFO of $2.74 per share a year ago.

Simon Property (SPG) Tops Q1 FFO and Revenue Estimates

INDIANAPOLIS , May 6, 2024 /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 March 31, 2024. "We delivered strong results to start the year," said David Simon, Chairman, Chief Executive Officer and President.

Simon® Reports First Quarter 2024 Results, Increases Full Year 2024 Guidance and Raises Quarterly Dividend

Digital Realty Trust

Office Properties Income Trust

There are some REITs to avoid in this continued “higher for longer” interest rate environment. These investment vehicles are particularly sensitive to rising interest rates due to their reliance on debt financing.

Stock Market Crash Warning: Don't Get Caught Holding These 3 REITs

Canadian Natural Resources

Enterprise Products Partners

EPR Properties

TC Energy

Vici Properties

Income from investments is crucial for retirement and can provide stability during market turmoil. Investors should prioritize companies with solid balance sheets, safe payout ratios, and business models that can sustain and grow dividends. I share here why these six companies are my top picks as income investments.

My Top 6 Income Investments Right Now

Real estate investment trust (REIT) Simon Property Group Inc (NYSE:SPG) has fallen since its March 21 two-year high of $157.82, last seen trading at $142.03.

Simon Property Group: Worst REIT to Own in May

Besides Wall Street's top -and-bottom-line estimates for Simon Property (SPG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Insights Into Simon Property (SPG) Q1: Wall Street Projections for Key Metrics

Archer-Daniels-Midland Company

Ulta Beauty

Investors tend to focus on two things when measuring the performance of their investments, particularly in stocks. The lion's share is taken by appreciation, the classic 'buy low and sell high' behavior, with a second focus on bragging about quarterly – and sometimes monthly – dividend income.

News for Simon Property Group Stock (SPG)