Simon Property Group, Inc.
SPG
Market Cap$48.67B
Close$
Earnings Call Q2 2024
August 5, 2024 - AI Summary
Simon Property Group reported strong financial and operational performance in the second quarter, with increased leasing volumes, occupancy gains, shopper traffic, and retail sales volumes.
Demand for space from a broad spectrum of tenants remains strong and steady, and the company is focused on creating value through disciplined investment activities.
Second quarter funds from operations (FFO) were $1.09 billion or $2.90 per share, compared to $1.8 billion or $2.88 per share in the previous year.
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$87.03
46.9% downside
Current Fair Value
46.9% downsideOvervalued by 46.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $48.67 Billion |
|---|---|
| Enterprise Value | $74.78 Billion |
| Dividend Yield | $7.6005 (5.09%) |
| Earnings per Share | $7.84 |
| Beta | 1.0 |
| Outstanding Shares | 325,935,826 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 19.01 |
|---|---|
| PEG | 1300.53 |
| Price to Sales | 9.64 |
| Price to Book Ratio | 14.91 |
| Enterprise Value to Revenue | 12.81 |
| Enterprise Value to EBIT | 24.35 |
| Enterprise Value to Net Income | 41 |
| Total Debt to Enterprise | 0.37 |
| Debt to Equity | 9.29 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Simon Property Group, Inc.
2,018 employees
CEO: David Simon Simon Property Group, Inc. 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 Its properties across North America, Europe and Asia prov...