Simon Property Group, Inc.
SPG
Market Cap$53.23B
Close$
Earnings Call Q1 2025
May 12, 2025 - AI Summary
Strong Financial Performance: Simon Property Group reported a first quarter FFO of $2.95 per share, up from $2.91 year-over-year, demonstrating a solid growth trajectory despite macroeconomic uncertainties. Domestic and international operations contributed positively with a 5% increase in lease income.
Occupancy Rates and Leasing Activity: The company secured 1,500 leases covering over 5.1 million square feet, with mall and premium outlet occupancy standing at 95.9%, a 40 basis points improvement from the previous year. This indicates sustained demand and solid leasing activity, crucial for revenue stability.
Dividend Increase: Simon announced a 5% dividend increase to $2.10 per share for the second quarter, reflecting confidence in cash flow and operational stability, payable on June 30, emphasizing its commitment to return capital to shareholders.
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$183.01
13.1% upside
Current Fair Value
13.1% upsideUndervalued by 13.1% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $53.23 Billion |
|---|---|
| Enterprise Value | $77.12 Billion |
| Dividend Yield | $8.25 (5.05917704053474%) |
| Earnings per Share | $7.26 |
| Beta | 1.46 |
| Outstanding Shares | 326,313,432 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 25.92 |
|---|---|
| PEG | -59.71 |
| Price to Sales | 8.99 |
| Price to Book Ratio | 16.18 |
| Enterprise Value to Revenue | 12.87 |
| Enterprise Value to EBIT | 25.25 |
| Enterprise Value to Net Income | 84 |
| Total Debt to Enterprise | 0.33 |
| Debt to Equity | 9.7 |
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...