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Simon Property Group, Inc (SPG) is a leading reit-retail business with stocks listed in the US. It opened the day at US$131.19 after a previous close of US$131.5. During the day the price has varied from a low of USD129.24 to a high of USD131.4. The latest price was USD130.25 (25 minute delay). Simon Property Group is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Simon Property Group
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Simon Property Group. Find the share by name or ticker symbol: SPG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Simon Property Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$132.27, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Simon Property Group, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Simon Property Group. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Simon Property Group key stats
- Compare share trading platforms
- Is Simon Property Group stock a buy or sell?
- Simon Property Group performance over time
- Can I short Simon Property Group shares?
- Is Simon Property Group suitable for ethical investing?
- Are Simon Property Group shares over-valued?
- Simon Property Group's financials
- How volatile are Simon Property Group shares?
- Does Simon Property Group pay a dividend?
- Have Simon Property Group shares ever split?
- Other common questions
Simon Property Group share priceUse our graph to track the performance of SPG stocks over time.
Simon Property Group shares at a glance
|52-week range||US$56.416 - US$136.7|
|50-day moving average||US$126.8091|
|200-day moving average||US$108.707|
|Dividend yield||US$5.2 (3.98%)|
|Earnings per share (TTM)||US$3.554|
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Is it a good time to buy Simon Property Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Simon Property Group price performance over time
|1 week (2021-06-16)||-0.37%|
|1 month (2021-05-21)||6.43%|
|3 months (2021-03-23)||17.97%|
|6 months (2020-12-23)||55.71%|
|1 year (2020-06-23)||85.73%|
|2 years (2019-06-21)||-20.62%|
|3 years (2018-06-22)||-24.65%|
|5 years (2016-06-23)||-37.71%|
Is Simon Property Group under- or over-valued?
Valuing Simon Property Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Simon Property Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Simon Property Group's P/E ratio
Simon Property Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Simon Property Group shares trade at around 36x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Simon Property Group's PEG ratio
Simon Property Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.3842. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Simon Property Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Simon Property Group's EBITDA
Simon Property Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$3.2 billion.
The EBITDA is a measure of a Simon Property Group's overall financial performance and is widely used to measure a its profitability.
Simon Property Group financials
|Revenue TTM||US$4.5 billion|
|Operating margin TTM||42.73%|
|Gross profit TTM||US$3.7 billion|
|Return on assets TTM||3.5%|
|Return on equity TTM||37.99%|
|Market capitalisation||US$41.8 billion|
TTM: trailing 12 months
Shorting Simon Property Group shares
There are currently 14.0 million Simon Property Group shares held short by investors – that's known as Simon Property Group's "short interest". This figure is 2.3% down from 14.3 million last month.
There are a few different ways that this level of interest in shorting Simon Property Group shares can be evaluated.
Simon Property Group's "short interest ratio" (SIR)
Simon Property Group's "short interest ratio" (SIR) is the quantity of Simon Property Group shares currently shorted divided by the average quantity of Simon Property Group shares traded daily (recently around 2.6 million). Simon Property Group's SIR currently stands at 5.38. In other words for every 100,000 Simon Property Group shares traded daily on the market, roughly 5380 shares are currently held short.
However Simon Property Group's short interest can also be evaluated against the total number of Simon Property Group shares, or, against the total number of tradable Simon Property Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Simon Property Group's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Simon Property Group shares in existence, roughly 40 shares are currently held short) or 0.0429% of the tradable shares (for every 100,000 tradable Simon Property Group shares, roughly 43 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Simon Property Group.
Find out more about how you can short Simon Property Group stock.
Simon Property Group's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Simon Property Group.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Simon Property Group's total ESG risk score
Total ESG risk: 20.16
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Simon Property Group's overall score of 20.16 (as at 12/31/2018) is excellent – landing it in it in the 15th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Simon Property Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Simon Property Group's environmental score
Environmental score: 12.03/100
Simon Property Group's environmental score of 12.03 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Simon Property Group is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Simon Property Group's social score
Social score: 10.25/100
Simon Property Group's social score of 10.25 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Simon Property Group is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Simon Property Group's governance score
Governance score: 8.88/100
Simon Property Group's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Simon Property Group is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Simon Property Group's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Simon Property Group scored a 1 out of 5 for controversy – the highest score possible, reflecting that Simon Property Group has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||20.16|
|Total ESG percentile||14.64|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||1|
Simon Property Group share dividends
Dividend payout ratio: 58.96% of net profits
Recently Simon Property Group has paid out, on average, around 58.96% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.98% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Simon Property Group shareholders could enjoy a 3.98% return on their shares, in the form of dividend payments. In Simon Property Group's case, that would currently equate to about $5.2 per share.
Simon Property Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Simon Property Group's most recent dividend payout was on 22 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 7 April 2021 (the "ex-dividend date").
Have Simon Property Group's shares ever split?
Simon Property Group's shares were split on a 1063:1000 basis on 28 May 2014. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1063 shares. This wouldn't directly have changed the overall worth of your Simon Property Group shares – just the quantity. However, indirectly, the new 5.9% lower share price could have impacted the market appetite for Simon Property Group shares which in turn could have impacted Simon Property Group's share price.
Simon Property Group share price volatility
Over the last 12 months, Simon Property Group's shares have ranged in value from as little as US$56.416 up to US$136.7. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Simon Property Group's is 1.544. This would suggest that Simon Property Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Simon Property Group overview
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.
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