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.

Simon Property Group, Inc. (NYSE:SPG-PJ) closed at $53.51 USD, gaining $0.11 (0.20%) from the previous close of $53.40. The stock is currently within 5% of its 52-week low $52.57 and $60.97. With a market capitalization of about $55.27 billion, Simon Property Group, Inc. is classified as a large-cap and shows higher-than-market volatility (beta ~1.39). Key stats such as the average daily volume over the past year has been around 3.36 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).

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 10.81 thousand shares is significantly above the 3-month average of 3.38 thousand, indicating heightened 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 $199.92. This means the shares are trading below this model’s fair value.

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 5.81%, 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 27.08.

Simon Property Group, Inc. trades at a P/E ratio of 27.08, slightly below the S&P 500 average, with a price-to-sales ratio of 9.81 and a price-to-book ratio of 25.75 reflecting a rich premium to book value. The P/FCF stands at 15.89, also below market averages. Compared to sector medians, Simon Property Group, Inc. P/S is trading rich, and the P/B is far higher than peers, underscoring the brand and earnings power premium investors assign to the stock.