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Simon Property Group (SPG)

(Delayed Data from NYSE)

$147.59 USD

147.59
1,674,616

-0.28 (-0.19%)

Updated Jun 26, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 36% (90 out of 250)

Industry: REIT and Equity Trust - Retail

Better trading starts here.

Zacks News

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Zacks Podcast Highlights: Looking for Top REIT Investments? Start Here for Your Guide

rising rates often scare investors off from the REIT market. Is this a sound decision though? We explore this topic and more in this podcast.

    Simon Property (SPG) to Report Q2 Earnings: What's in Store?

    Diversified retail asset exposure and portfolio revamp moves will likely drive Simon Property's (SPG) Q2 results. But, choppy retail real estate market with high store closures can mar performance.

      Simon Property Unveils Norfolk Premium Outlets in Virginia

      Simon Property Group, Inc. (SPG) recently opened the Norfolk Premium Outlets in Norfolk, VA. The move marks the company's effort to enhance its portfolio with premium properties in vibrant locations.

        Can Simon Property (SPG) Combat Mall Traffic Challenges?

        Mall traffic is facing challenges with online shopping taking precedence over in-store purchase. However, Simon Property is making concerted efforts to beat the blues.

          Simon Property (SPG) & Life Time to Create Athletic Resort

          Simon Property Group Inc. (SPG) joined forces with health and lifestyle company, Life Time, for changing consumer experience at Southdale Center in Edina with a planned athletic resort.

            Simon Property (SPG) Plans to Invest $1B in its Portfolio

            Simon Property Group, Inc. (SPG) is continuing with its strategy to invest in its portfolio.

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              The Guide to REIT Investing in a Rising Rate Environment

              Many assume that rate hikes are bad news for REITs, but is that always the case? Today's podcast takes a look at some areas in the REIT world that could be winners despite an increase in interest rates.

                REITs Record Solid Occupancy Levels Amid Soft Q1 Performance

                While occupancy rates touched record level in Q1 this year, FFO reported a decline from the last quarter, per a NAREIT media release.

                  Is it Wise to Hold Simon (SPG) in Your Portfolio Right Now?

                  We updated our research report on Simon Property Group, Inc. (SPG) on May 15.

                    Simon Property (SPG) Q1 FFO Lags Estimates, Revenues Rise

                    Simon Property Group, Inc. (SPG) reported first-quarter 2017 funds from operations of $2.74 per share, which missed the Zacks Consensus Estimate by 2 cents.

                      Simon Property (SPG) Q1 FFO Miss Estimate, Revenues Beat

                      Simon Property came out with funds from operations per share of $2.74, up from the year-ago quarter figure of $2.63.

                        Realty Income (O) Beats Q1 FFO Estimates, Revenues Up Y/Y

                        Realty Income Corp's (O) first-quarter 2017 adjusted FFO per share of 76 cents exceeded the Zacks Consensus Estimate of 75 cents. Results reflect better-than-expected growth in revenue.

                          Liberty (LPT) Beats Q1 FFO & Revenue Estimates, Stock Up

                          Shares of Liberty Property Trust (LPT) inched up 0.27%, during Tuesday's regular trading session, after the company reported better-than-expected FFO per share and revenues for first-quarter 2017.

                            Boston Properties (BXP) Q1 FFO Lags Estimates, Revenues Top

                            Boston Properties Inc.'s (BXP) first-quarter 2017 FFO per share of $1.48 missed the Zacks Consensus Estimate of $1.50.

                              REIT Stocks' Q1 Earnings Due on Apr 27: AMT, AIV, DLR & SPG

                              A few REITs, which are set to release results on Apr 27, are American Tower Corporation (AMT), Apartment Investment and Management Company (AIV), Digital Realty Trust, Inc. (DLR) and Simon Property Group, Inc. (SPG).

                                Equity Residential's (EQR) Q1 FFO in Line, Revenues Miss

                                Equity Residential (EQR) reported first-quarter 2017 normalized FFO per share of 74 cents, in line with the Zacks Consensus Estimate.

                                  Simon Property (SPG) to Report Q1 Earnings: What's in Store?

                                  Simon Property Group Inc. (SPG) is expected to report first-quarter 2017 results on Apr 27, before the market opens.

                                    Retail REITs GGP, Simon Property Collaborate with Life Time

                                    GGP and Simon Property's (SPG) venture with Life Time comes at a point when mall traffic has been declining owing to a change in shopping patterns, with online shopping taking precedence over in-store purchase.

                                      Simon JV Unveils Fourth Premium Outlet Center in South Korea

                                      Simon Property Group, Inc. (SPG) is enhancing its retail portfolio worldwide. Recently, the company's joint venture with Shinsegae Group opened Siheung Premium Outlets in South Korea.

                                        Simon Property (SPG) Stifled Online: Will You Stay Away?

                                        We updated our research report on Simon Property Group, Inc. (SPG) on Mar 22.

                                          Simon Property Amends & Extends Revolving Credit Facility

                                          Simon Property Group, Inc. (SPG) has announced the extension and amendment of its $4 billion unsecured multi-currency revolving credit facility.

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                                            Top Research Reports for Merck, GE and Others

                                            Today's Research Daily features new research reports on 16 major stocks, including Merck (MRK), General Electric (GE), MasterCard (MA) and NVIDIA (NVDA).

                                              The Zacks Analyst Blog Highlights: Amazon, Simon Property Group, Halliburton, IBM and Netflix

                                              The Zacks Analyst Blog Highlights: Amazon, Simon Property Group, Halliburton, IBM and Netflix

                                                Mark Vickery headshot

                                                Top Research Reports for March 8, 2017

                                                Today's Research Daily features new research reports on 16 major stocks, including Amazon (AMZN), Simon Property Group (SPG) and Halliburton (HAL).

                                                  The Zacks Analyst Blog Highlights: Simon Property Group, Boston Properties, Host Hotels & Resorts and Public Storage

                                                  The Zacks Analyst Blog Highlights: Simon Property Group, Boston Properties, Host Hotels & Resorts and Public Storage