Simon Property Group, Inc. (spg)
SPG — Company Overview
Simon Property Group, Inc. (SPG) is a large-cap company in the Real Estate sector, operating in REIT - Retail.
| Ticker | SPG |
| Sector | Real Estate |
| Industry | REIT - Retail |
| Exchange | NYQ |
| Market cap | $77.50B |
| Last price | $204.16 |
| Size category | Large Cap |
SPG — Business Description
Simon Property Group, Inc. (SPG) operates in REIT - Retail within the broader Real Estate market. Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America…
Official website: https://www.simon.com.
SPG — Investment Thesis
The investment thesis for Simon Property Group, Inc. (SPG) rests on how Real Estate dynamics, profitability, and valuation interact at today's price.
- Revenue is expanding at roughly 19.5% year-over-year (public data).
- Trailing P/E of 14.53× sits in a moderate band relative to high-growth peers.
- Dividend yield near 4.3% adds an income component to total return.
- Equity market capitalization is approximately $77.50B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
SPG — Financial Health
Financial health for Simon Property Group, Inc. (SPG) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin of 66.6% indicates solid bottom-line conversion. Positive free cash flow of $2.60B supports balance-sheet flexibility. Debt-to-equity of 503.50 warrants monitoring in a higher-rate environment.
| Trailing P/E | 14.53× |
| Forward P/E | 30.04× |
| Price / Sales | 11.17× |
| Price / Book | 15.03× |
| Gross margin | 81.4% |
| Operating margin | 46.0% |
| Profit margin | 66.6% |
| Return on equity | 120.5% |
| Debt / Equity | 503.50 |
| Free cash flow | $2.60B |
SPG — Growth Outlook
Growth outlook for Simon Property Group, Inc. (SPG) depends on demand trends in REIT - Retail and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 19.5% indicates strong top-line momentum.
- Earnings declined -12.5% year-over-year — margin or volume pressure may be in play.
- Price is 14.4% below the 52-week high.
- Shares trade 18.6% above the 52-week low — limited rebound so far.
SPG — Competitive Position
Simon Property Group, Inc. (SPG) is evaluated against peers on scale, margin structure, and capital efficiency within Real Estate.
- Competes within Real Estate, specifically in REIT - Retail.
- Market capitalization of $77.50B places SPG among large-cap peers.
- Gross margin near 81.4% may reflect pricing power or favorable mix.
SPG — Strengths
Strengths for Simon Property Group, Inc. (SPG) inferred from public financial metrics:
- Revenue growth of 19.5% year-over-year.
- Return on equity near 120.5% — efficient use of shareholder capital.
- Gross margin of 81.4% supports competitive unit economics.
- Positive free cash flow ($2.60B).
- Dividend yield of 4.3% for income-oriented holders.
- Large Cap scale ($77.50B) may provide distribution and funding advantages.
SPG — Weaknesses
Weaknesses and pressure points for Simon Property Group, Inc. (SPG) based on available data:
- Earnings decline of -12.5% year-over-year.
- Elevated debt-to-equity (503.50).
SPG — Opportunities
- Sustained revenue growth (19.5%) could support multiple expansion if margins hold.
- Trading 18.6% above the 52-week low — potential recovery if fundamentals stabilize.
- Dividend yield of 4.3% appeals to total-return investors.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
SPG — Risks
- Beta of 1.31 implies above-market volatility.
- Leverage (debt/equity 503.50) raises sensitivity to credit conditions.
SPG — Summary
Simon Property Group, Inc. (SPG) is a large-cap Real Estate company focused on REIT - Retail, listed on NYQ. Last price $204.16 with market cap $77.50B. Trailing P/E 14.53×. Revenue grew 19.5% year-over-year per public data. Notable strengths include revenue growth of 19.5% year-over-year. Key watch items include earnings decline of -12.5% year-over-year. Public estimates and earnings snapshots for Simon Property Group, Inc. are on this site; ownership, live news, and deeper models remain in Vest Terminal.
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Simon Property Group, Inc. FAQ
What does Simon Property Group, Inc. (SPG) do?
Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this pa…
What is SPG's P/E ratio?
Simon Property Group, Inc. has a trailing P/E of 14.53× based on publicly available market data.
Does SPG pay a dividend?
Indicated dividend yield: 4.3%. Confirm ex-dates and payout history in Vest Terminal.
What sector is SPG in?
Simon Property Group, Inc. is classified in Real Estate (REIT - Retail) on NYQ.
What is SPG's market capitalization?
Approximate market cap: $77.50B.
What are the main risks for SPG?
Key risks include above-average volatility (beta 1.31), among factors on this page.
What are the strengths of SPG?
Potential positives include revenue growth of 19.5% year-over-year, return on equity near 120.5% — efficient use of shareholder capital.
Where can I get analyst estimates for SPG?
Public analyst price targets and consensus for Simon Property Group, Inc. are on the free /stocks/spg/estimates page. Deeper estimate history and models are available in Vest Terminal.