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Simon Property Group (SPG)

(Delayed Data from NYSE)

$147.88 USD

147.88
1,410,143

+3.22 (2.23%)

Updated May 24, 2024 04:00 PM ET

After-Market: $148.10 +0.22 (0.15%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 42% (145 out of 249)

Industry: REIT and Equity Trust - Retail

Better trading starts here.

Zacks News

Simon Unveils $4B Investment for Transformational Projects

Simon Property Group (SPG) aimed at creating value and driving footfall at the company's properties through a $4+ billion of investment plan to transform its properties.

    Will Mall Traffic Blues Further Impact Simon Property Group?

    Though shrinking mall traffic, store closures and retailer bankruptcies continue to paralyse the retail real estate market, Simon Property Group (SPG) remains well poised to sail through.

      GGP's FFO Misses Estimates in Q1, Revenues Increase Y/Y

      GGP Inc's (GGP) Q1 revenues up year over year. However, decline in same-store net operating income (NOI) and higher expenses impact results.

        Annaly (NLY) Meets Q1 Earnings, Announces MTGE Acquisition

        Though Annaly Capital's (NLY) Q1 performance reflects rise in net interest income, it also underscores impact of investment at fair value of Agency mortgage-backed securities and book value per share.

          Macerich (MAC) Q1 FFO Beats Estimates, Revenues Fall Y/Y

          Macerich's (MAC) Q1 results underscore a fall in occupancy in the quarter. Nonetheless, robust growth in re-leasing spreads and high liquidity remain tailwinds for the company.

            Simon Property's (SPG) Q1 FFO Beats Estimates, Guides Up

            Simon Property Group (SPG) Q1 performance reflects growth in net operating income, increase in base minimum rent per square foot and leasing spread, encouraging the company to raise its outlook.

              Simon Property (SPG) Q1 FFO & Revenues Beat Estimates

              Simon Property Group's (SPG) Q1 results reflect increase in base minimum rent per square foot and leasing spread per square foot at U.S. malls and Premium Outlets.

                REITs to Watch for Q1 Earnings on Apr 27: SPG, VTR & NRZ

                Asset location, changing landscape of the REIT sector and supply concerns expected to predominantly impact Q1 performance of companies in the sector.

                  Extra Space Storage (EXR) Q1 Earnings: What's in Store?

                  Extra Space Storage (EXR) is poised to gain from its high brand value, strategic acquisitions and robust presence in key cities. However, rising supply remains a concern.

                    Should You Buy Simon Property (SPG) Ahead of Earnings?

                    Simon Property (SPG) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.

                      Why Is an Earnings Beat Unlikely for Regency (REG) in Q1?

                      The increased popularity of online retail leads to declining mall traffic and store closures. Regency Centers (REG) faces stiff competition, which is likely to affect Q1 results.

                        Forget Rate Hikes, Bet on 3 REITs with Beat Potential in Q1

                        Prospects of a number of REIT stocks are getting a boost as growth in the economy translates into greater demand for real estate and higher occupancy levels.

                          What's in Store for Vornado (VNO) Stock in Q1 Earnings?

                          Vornado's (VNO) Q1 results are expected to bear the brunt of issuance costs and net loss from other items. Further, spins-offs are likely to dent the results.

                            What's in Store for Alexandria (ARE) This Earnings Season?

                            Alexandria Real Estate Equities (ARE) Q1 results to reflect the benefit from its convenient portfolio location in high barrier-to-entry markets, despite rise in vacancy rates in the Jan-Mar quarter.

                              What's in the Cards for Simon Property (SPG) Q1 Earnings?

                              Simon Property's (SPG) efforts to beat retail blues by adopting strategies to differentiate the company from peers expected to boost the company's Q1 performance.

                                Digital Realty (DLR) to Post Q1 Earnings: What's in Store?

                                Robust industry fundamentals and strategic acquisitions will drive Digital Realty's (DLR) Q1 performance. Yet, aggressive pricing pressure might impact its business.

                                  What's in the Offing for Iron Mountain (IRM) in Q1 Earnings?

                                  Iron Mountain (IRM) is expected to witness an impressive rise in storage rentals and service revenues. Nonetheless, a highly-levered balance sheet is a concern.

                                    Ventas (VTR) to Post Q1 Earnings: What's in the Offing?

                                    Ventas' (VTR) Q1 performance is expected to reflect the benefits from favorable demographics and portfolio-diversification initiatives. However, elevated supply remains a concern for the company.

                                      Public Storage (PSA) to Post Q1 Earnings: What's in Store?

                                      Public Storage (PSA) expected to experience solid demand in Q1. Though the company's robust presence, acquisition and expansion efforts will likely drive growth, high supply remains a concern.

                                        Duke Realty (DRE) to Post Q1 Earnings: What's in the Offing?

                                        Duke Realty (DRE) is anticipated to gain from rising demand for the industrial real estate in Q1 results. However, the dilutive impact of asset sales and stiff competition remain concerns.

                                          UDR to Post Q1 Earnings: What's in Store for the Stock?

                                          UDR's Q1 results are likely to gain from elevated demand as a result of favorable demographics and household formation. However, rising supply might partially mar the positives.

                                            Why is Earnings Beat Unlikely for Kimco Realty (KIM) in Q1?

                                            The increased popularity of online retail has led to declining mall traffic and store closures. Further, Kimco Realty's (KIM) asset dispositions are likely to affect its Q1 results.

                                              AvalonBay (AVB) to Post Q1 Earnings: What's in the Cards?

                                              AvalonBay (AVB) Q1 results likely to gain from favorable demographics and job growth. However, rising supply is anticipated to partially offset the positives.

                                                What's in Store for Boston Properties This Earnings Season?

                                                Boston Properties' (BXP) Q1 results are anticipated to gain traction from solid demand for its properties. However, rising supply and stiff competition remain concerns for the company.

                                                  Equity Residential (EQR) Q1 Earnings: What's in the Cards?

                                                  Equity Residential (EQR) is likely to have gained from steady rental demand in its markets. However, increasing supply is anticipated to have partially dented the company's growth tempo in Q1.