SPG-PJ Company Profile and Key Details

The prior quarter beat by 11.04%. Over the last six quarters, Apple has recorded several small beats. These include -13.33% in May 11, 2020.

SPG-PJ has shown mixed momentum, losing -1.59% over the past week and -1.54% over the past quarter, though year-to-date performance is up 3.22%. Average 10-day trading volume of 3.43 thousand shares is in line with the 3-month average of 3.23 thousand, indicating normal recent market interest.

Simon Property Group, Inc. last paid a dividend of 4.19 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $152.12. This means the shares are trading below this model’s fair value.

Simon Property Group, Inc. (NYSE:SPG-PJ) closed at $54.66 USD, gaining $0.38 (0.70%) from the previous close of $54.28. The stock is currently within 5% of its 52-week low $52.57 and $60.97. With a market capitalization of about $56.45 billion, Simon Property Group, Inc. is classified as a large-cap and shows higher-than-market volatility (beta ~1.40). Key stats such as the average daily volume over the past year has been around 3.18 thousand shares, trading with heavier-than-usual volume. Headquartered in Indianapolis, IN, Simon Property Group, Inc. operates in the Real Estate sector and the REIT - Retail industry. Led by CEO David E. Simon, the company employs approximately 2,600 people and listed since December 16, 2004. 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).

Simon Property Group, Inc. trades at a P/E ratio of 14.1, slightly below the S&P 500 average, with a price-to-sales ratio of 10.24 and a price-to-book ratio of -171.74 indicating negative book value, which may reflect financial stress. The P/FCF stands at 28.92, also above market averages.

Our AI price prediction model suggests that Simon Property Group, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 3.37%, with price expected at $56.50 by November 24, 2023, within a range of $55.58 to $57.46

Simon Property Group, Inc. (NYSE:SPG-PJ) shares are flat 3.22% year-to-date Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Simon Property Group, Inc. trading at a premium to the broader market with a P/E of 14.1.