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Simon Property Group (SPG)

(Delayed Data from NYSE)

$147.72 USD

147.72
1,305,261

-1.41 (-0.95%)

Updated May 10, 2024 04:00 PM ET

After-Market: $147.66 -0.06 (-0.04%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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 A Momentum C 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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Top 40% (100 out of 251)

Industry: REIT and Equity Trust - Retail

Better trading starts here.

Zacks News

Simon Property (SPG) & Life Time to Create Athletic Resort

Simon Property Group Inc. (SPG) joined forces with health and lifestyle company, Life Time, for changing consumer experience at Southdale Center in Edina with a planned athletic resort.

    Simon Property (SPG) Plans to Invest $1B in its Portfolio

    Simon Property Group, Inc. (SPG) is continuing with its strategy to invest in its portfolio.

      Eric Dutram headshot

      The Guide to REIT Investing in a Rising Rate Environment

      Many assume that rate hikes are bad news for REITs, but is that always the case? Today's podcast takes a look at some areas in the REIT world that could be winners despite an increase in interest rates.

        REITs Record Solid Occupancy Levels Amid Soft Q1 Performance

        While occupancy rates touched record level in Q1 this year, FFO reported a decline from the last quarter, per a NAREIT media release.

          Is it Wise to Hold Simon (SPG) in Your Portfolio Right Now?

          We updated our research report on Simon Property Group, Inc. (SPG) on May 15.

            Simon Property (SPG) Q1 FFO Lags Estimates, Revenues Rise

            Simon Property Group, Inc. (SPG) reported first-quarter 2017 funds from operations of $2.74 per share, which missed the Zacks Consensus Estimate by 2 cents.

              Simon Property (SPG) Q1 FFO Miss Estimate, Revenues Beat

              Simon Property came out with funds from operations per share of $2.74, up from the year-ago quarter figure of $2.63.

                Realty Income (O) Beats Q1 FFO Estimates, Revenues Up Y/Y

                Realty Income Corp's (O) first-quarter 2017 adjusted FFO per share of 76 cents exceeded the Zacks Consensus Estimate of 75 cents. Results reflect better-than-expected growth in revenue.

                  Liberty (LPT) Beats Q1 FFO & Revenue Estimates, Stock Up

                  Shares of Liberty Property Trust (LPT) inched up 0.27%, during Tuesday's regular trading session, after the company reported better-than-expected FFO per share and revenues for first-quarter 2017.

                    Boston Properties (BXP) Q1 FFO Lags Estimates, Revenues Top

                    Boston Properties Inc.'s (BXP) first-quarter 2017 FFO per share of $1.48 missed the Zacks Consensus Estimate of $1.50.

                      REIT Stocks' Q1 Earnings Due on Apr 27: AMT, AIV, DLR & SPG

                      A few REITs, which are set to release results on Apr 27, are American Tower Corporation (AMT), Apartment Investment and Management Company (AIV), Digital Realty Trust, Inc. (DLR) and Simon Property Group, Inc. (SPG).

                        Equity Residential's (EQR) Q1 FFO in Line, Revenues Miss

                        Equity Residential (EQR) reported first-quarter 2017 normalized FFO per share of 74 cents, in line with the Zacks Consensus Estimate.

                          Simon Property (SPG) to Report Q1 Earnings: What's in Store?

                          Simon Property Group Inc. (SPG) is expected to report first-quarter 2017 results on Apr 27, before the market opens.

                            Retail REITs GGP, Simon Property Collaborate with Life Time

                            GGP and Simon Property's (SPG) venture with Life Time comes at a point when mall traffic has been declining owing to a change in shopping patterns, with online shopping taking precedence over in-store purchase.

                              Simon JV Unveils Fourth Premium Outlet Center in South Korea

                              Simon Property Group, Inc. (SPG) is enhancing its retail portfolio worldwide. Recently, the company's joint venture with Shinsegae Group opened Siheung Premium Outlets in South Korea.

                                Simon Property (SPG) Stifled Online: Will You Stay Away?

                                We updated our research report on Simon Property Group, Inc. (SPG) on Mar 22.

                                  Simon Property Amends & Extends Revolving Credit Facility

                                  Simon Property Group, Inc. (SPG) has announced the extension and amendment of its $4 billion unsecured multi-currency revolving credit facility.

                                    Mark Vickery headshot

                                    Top Research Reports for Merck, GE and Others

                                    Today's Research Daily features new research reports on 16 major stocks, including Merck (MRK), General Electric (GE), MasterCard (MA) and NVIDIA (NVDA).

                                      The Zacks Analyst Blog Highlights: Amazon, Simon Property Group, Halliburton, IBM and Netflix

                                      The Zacks Analyst Blog Highlights: Amazon, Simon Property Group, Halliburton, IBM and Netflix

                                        Mark Vickery headshot

                                        Top Research Reports for March 8, 2017

                                        Today's Research Daily features new research reports on 16 major stocks, including Amazon (AMZN), Simon Property Group (SPG) and Halliburton (HAL).

                                          The Zacks Analyst Blog Highlights: Simon Property Group, Boston Properties, Host Hotels & Resorts and Public Storage

                                          The Zacks Analyst Blog Highlights: Simon Property Group, Boston Properties, Host Hotels & Resorts and Public Storage

                                            Forget a Rate Hike, REITs Thrive Throughout Earnings Season

                                            In Q4, the real estate industry delivered the second highest earnings growth among the S&P 500 headline sectors.

                                              Simon Property Extends Stock Repurchase Program by 2 Years

                                              Simon Property Group, Inc. (SPG) has announced the extension of its $2 billion stock repurchase program by two years.

                                                Macerich (MAC) Q4 FFO Top Estimates, Revenues Decline Y/Y

                                                The Macerich Company (MAC) came up with fourth-quarter 2016 FFO per share of $1.17, a cent above the Zacks Consensus Estimate and a nickel ahead of the prior-year quarter tally of $1.12.

                                                  Kimco Realty (KIM) Meets Q4 FFO Estimates, Revenues Down Y/Y

                                                  Kimco Realty Corporation's (KIM) fourth-quarter 2016 FFO adjusted came in at 38 cents per share, in line with the Zacks Consensus Estimate and up a cent from the prior-year quarter figure of 37 cents.