Streetbeat News

SPG

Simon Property Group, Inc.

https://www.simon.com

Industry

REIT - Retail

Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

Open

183.75

Mkt cap

61B

Volume

2.6M

High

186.23

P/E Ratio

25.63

52-wk high

188.14

Low

182.31

Div yield

0.04

52-wk low

139.25

Simon Property Group, Inc. (SPG) participated in the Citi 2025 Global Property CEO Conference, with key company figures like Brian McDade, EVP and CFO, present. The conference included discussions led by Citi's Nicholas Joseph and Craig Mailman.

Portfolio Pulse from

March 04, 2025 | 1:30 am

The article discusses whether Simon Property (SPG) is a suitable choice for momentum investors, highlighting its potential as a top stock pick.

Portfolio Pulse from

February 12, 2025 | 6:15 pm

Simon Property Group (SPG) has announced a multimillion-dollar transformation project for Smith Haven Mall, aiming to enhance its shopping, dining, and entertainment offerings.

Portfolio Pulse from

February 10, 2025 | 1:15 pm

Simon Property Group, a 'wide moat' REIT, has been upgraded due to its strong financial health, including a robust balance sheet and positive earnings outlook. The company owns 250 properties and leases to over 3,000 brands, with a well-covered dividend and solid 2024 earnings.

Portfolio Pulse from

February 08, 2025 | 12:15 pm

Simon Property Group reported strong Q4 results with record FFO, high occupancy rates, and robust leasing activity. Strategic acquisitions, redevelopment projects, and international expansion, including a new Jakarta outlet, support SPG's growth outlook. The company maintains a strong balance sheet with significant liquidity.

Portfolio Pulse from

February 07, 2025 | 3:00 pm

Simon Property Group announced the retirement of Herbert Simon, Chairman Emeritus, effective February 4, 2025. Herbert Simon co-founded the company 65 years ago.

Portfolio Pulse from

February 06, 2025 | 9:30 pm

Simon Property Group reported strong earnings, surpassing expectations by $170 million, and increased its quarterly dividend. The company shows high demand for physical retail spaces with rising occupancy rates and base minimum rent per sq foot. SPG's price to FFO ratio is attractive, and its 4.85% dividend yield is well-covered, indicating potential for future increases.

Portfolio Pulse from

February 06, 2025 | 4:30 am

Simon Property Group's digital advertising campaign is increasing activity at malls, with potential further boosts from changes in U.S. tariff laws.

Portfolio Pulse from

February 06, 2025 | 2:15 am

Simon Property Group (SPG) reported better-than-expected Q4 FFO, driven by increased revenues due to high occupancy rates and higher rent per square foot.

Portfolio Pulse from

February 05, 2025 | 3:15 pm

Simon Property Group, Inc. (SPG) held its Q4 2024 earnings conference call on February 4, 2025. The call featured key company executives and various analysts from major financial institutions.

Portfolio Pulse from

February 05, 2025 | 1:30 am

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