How to buy Simon Property Group (SPG) shares in Australia

Learn how to easily invest in Simon Property Group shares.

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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$131.56 after a previous close of US$129.97. During the day the price has varied from a low of USD130.17 to a high of USD134.16. The latest price was USD133.14 (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

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Decide on how many to buy. At last close price of US$129.97, 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.
  6. 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.

Simon Property Group stock price (NYSE:SPG)

Use our graph to track the performance of SPG stocks over time.

Simon Property Group shares at a glance

Information last updated 2021-10-01.
OpenUS$131.56
HighUS$134.16
LowUS$130.17
CloseUS$133.14
Previous closeUS$129.97
Change US$3.17
Change % 2.439%
Volume 2,160,469
Information last updated 2022-01-25.
52-week rangeUS$86.6875 - US$169.3268
50-day moving average US$157.9984
200-day moving average US$137.7993
Target priceUS$177.17
PE ratio 23.6523
Dividend yield US$5.5 (4.49%)
Earnings per share (TTM) US$6.177

Where to buy Simon Property Group stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
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SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

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. However, this is not a recommendation. 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 share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Simon Property Group price performance over time

Historical closes compared with the last close of $133.14

1 week (2022-01-20) -9.69%
1 month (2021-12-27) -15.96%
3 months (2021-10-27) -7.50%
6 months (2021-07-27) 5.78%
1 year (2021-01-27) 37.77%
2 years (2020-01-27) -5.99%
3 years (2019-01-25) -24.83%
5 years (2017-01-27) -25.83%

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 24x. In other words, Simon Property Group shares trade at around 24x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-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 1.8111. 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$3.6 billion (£2.6 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$4.9 billion
Operating margin TTM 46.39%
Gross profit TTM US$3.7 billion
Return on assets TTM 4.35%
Return on equity TTM 69.6%
Profit margin 41%
Book value 10.152
Market capitalisation US$48 billion

TTM: trailing 12 months

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

Simon Property Group Inc was last rated for ESG on: 2019-01-01.

Total ESG score 20.16
Total ESG percentile 14.64
Environmental score 12.03
Environmental score percentile 8
Social score 10.25
Social score percentile 8
Governance score 8.88
Governance score percentile 8
Level of controversy 1

Simon Property Group share dividends

53%

Dividend payout ratio: 53.09% of net profits

Recently Simon Property Group has paid out, on average, around 53.09% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.49% 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 4.49% return on their shares, in the form of dividend payments. In Simon Property Group's case, that would currently equate to about $5.5 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 30 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 8 December 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 the split, the next day you would own 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$86.6875 up to US$169.3268. A popular way to gauge a stock's volatility is its "beta".

SPG.US volatility(beta: 1.52)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Simon Property Group's is 1.5205. 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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