We would love for you to become a part of our community. Join our Discord to connect with us and other members!
- Ticker
- SPG
- Price
- 172.01
- Stock movement down
- -1.79 (-1.03%)
- Company name
- Simon Property Group Inc
- Exchange
- (NYSE ,
- Currency
- USD )
- Sector
- Real Estate >REIT - Retail
- Market cap
- 56.12B
- Ent value
- 83.91B
- Price/Sales
- 9.50
- Price/Book
- 16.89
- Div yield
- 4.88%
- Div growth
- -1.17%
- Growth years
- 2
- FCF payout
- 92.89%
- Trailing P/E
- 22.64
- Forward P/E
- 26.94
- PEG
- 2.63
- EPS growth
- 0.32%
- 1 year return
- 19.73%
- 3 year return
- 3.43%
- 5 year return
- 3.37%
- 10 year return
- -0.86%
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
BUSINESS INSIGHT
US Malls and Premium Outlets Lease Expirations (%)
SPG's ownership interests in properties outside the United States are primarily owned through joint venture arrangements. With the exception of our Premium Outlets in Canada, all of SPG's international properties are managed by related parties
Occupancy as of year end (%)
The Japan data is for SPG's Premium Outlets in Japan. The information used to prepare these statistics has been supplied by their managing venture partner (meaning SPG does not directly manage these properties)
The 2007 data for "US Malls and Premium Outlets" is an estimation. This year the company still reported 2 different segments: Regional Malls and Premium Outlet Centers. Occupancy numbers from 2007 to 2008 decreased 1.3% for Regional Malls and 0.8% for Premium Outlet Centers
Average Base Minimum Rent per Square Foot ($)
Japan numbers are reported in JPY (Japanese Yen). We used the USD/JPY exchange rate at the 31st of December 2020 to calculate the rent in USD
We used a single exchange rate to better reflect the price trend, but as a result, in the past at year's end, based on the exchange rates, prices in USD might have differed slightly
The 2007 data for "US Malls and Premium Outlets" is an estimation. This year the company still reported 2 different segments: Regional Malls and Premium Outlet Centers. Base minimum rent from 2007 to 2008 increased 6.5% for Regional Malls and 7.7% for Premium Outlet Centers
Capital Expenditures ($M)
Revenue composition ($M)
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
DIVIDENDS
Dividend yield - 5y
| Dividend per share | 8.40 |
| Dividend yield | 4.88% |
| Payout frequency | Quarterly |
| Maximum yield | 11.82% |
| Average yield | 5.91% |
| Minimum yield | 3.66% |
| Discount to avg yield | -21.00% |
| Upside potential | -17.36% |
| Yield as % of max yield | 41.33% |
Yield distribution (inverse percentile) - 5y
| Dividend yield | 4.88% |
| Current yield distribution | 76.35% |
| Yield at 100% (Min) | 3.66% |
| Yield at 90% | 4.49% |
| Yield at 80% | 4.76% |
| Yield at 50% (Median) | 5.70% |
| Yield at 20% | 6.95% |
| Yield at 10% | 7.68% |
| Yield at 0% (Max) | 11.82% |
Dividend per share
| Years of growth | 2 years |
| CCC status | - |
| Dividend per share | 8.40 |
| Payout frequency | Quarterly |
| Ex-div date | 9 Dec 2024 |
| EPS (TTM) | 7.60 |
| EPS (1y forward) | 6.38 |
| EPS growth (5y) | 0.32% |
| EPS growth (5y forward) | 8.60% |
Dividend growth
| SPG | S&P500 | |
| DGR MR | 2.44% | 12.57% |
| DGR TTM | 8.72% | 6.51% |
| DGR 3 years | 7.48% | 5.24% |
| DGR 5 years | -1.17% | 5.40% |
| DGR 10 years | 5.47% | 7.07% |
| DGR 15 years | 5.41% | 6.12% |
| Time since last change announced | 59 days |
| EPS growth (5y) | 0.32% |
| EPS growth (5y forward) | 8.60% |
Payout ratio
| EPS coverage | FCF coverage | |
| TTM | 108.09% | 92.89% |
| Average | - | - |
| Forward | 131.58% | - |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
VALUATION
Valuation Ratios
| Trailing P/E | 22.64 |
| Price to OCF | 14.90 |
| Price to FCF | 19.45 |
| Price to EBITDA | 12.85 |
| EV to EBITDA | 19.21 |
Valuation (Sales/Book Value)
| Price to Sales | 9.50 |
| Price to Book | 16.89 |
| EV to Sales | 14.20 |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
FINANCIALS
Per share
| Current share count | 326.27M |
| EPS (TTM) | 7.60 |
| FCF per share (TTM) | 8.85 |
Income statement
| Revenue (TTM) | 5.91B |
| Gross profit (TTM) | 4.32B |
| Operating income (TTM) | 3.05B |
| Net income (TTM) | 2.48B |
| EPS (TTM) | 7.60 |
| EPS (1y forward) | 6.38 |
Margins
| Gross margin (TTM) | 73.06% |
| Operating margin (TTM) | 51.59% |
| Profit margin (TTM) | 41.96% |
Balance Sheet
| Cash | 2.17B |
| Net receivables | 767.76M |
| Total current assets | 3.24B |
| Goodwill | 0.00 |
| Intangible assets | 1.62B |
| Property, plant and equipment | 521.39M |
| Total assets | 33.28B |
| Accounts payable | 1.62B |
| Short/Current long term debt | 25.42B |
| Total current liabilities | 3.36B |
| Total liabilities | 29.95B |
| Shareholder's equity | 3.32B |
| Net tangible assets | 0.00 |
Cash flow
| Operating cash flow (TTM) | 3.77B |
| Capital expenditures (TTM) | 880.97M |
| Free cash flow (TTM) | 2.88B |
| Dividends paid (TTM) | 2.68B |
Financial returns
| Return on Equity | 74.63% |
| Return on Assets | 7.45% |
| Return on Invested Capital | 8.63% |
| Cash Return on Invested Capital | 10.04% |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
STOCK INFORMATION
Stock chart
| Open | 172.35 |
| Daily high | 174.29 |
| Daily low | 171.32 |
| Daily Volume | 734K |
| All-time high | 227.60 |
| 1y analyst estimate | 183.50 |
| Beta | 1.77 |
| EPS (TTM) | 7.60 |
| Dividend per share | 8.40 |
| Ex-div date | 9 Dec 2024 |
| Next earnings date | 3 Feb 2025 |
Downside potential
| SPG | S&P500 | |
| Current price drop from All-time high | -24.42% | -2.11% |
| Highest price drop | -80.66% | -56.47% |
| Date of highest drop | 2 Apr 2020 | 9 Mar 2009 |
| Avg drop from high | -20.45% | -11.13% |
| Avg time to new high | 25 days | 12 days |
| Max time to new high | 2117 days | 1805 days |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
