Simon Property Group, Inc.

Simon Property Group, Inc.

SPG

Market Cap$49.07B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Simon Property Group, Inc.Simon Property Group, Inc.20.85.49%-5717%8.210.4

Earnings Call Q4 2024

February 4, 2025 - AI Summary

Strong Financial Performance: Simon Property Group (SPG) reported record total funds from operation (FFO) of $4.9 billion, equating to $12.99 per share, reflecting a year-over-year growth of 3.9% in real estate FFO at $12.24 per share. The company returned over $3 billion to shareholders in cash dividends, totaling approximately $45 billion in dividends paid since going public.
Leasing Momentum: SPG signed a record 5,500 leases amounting to over 21 million square feet in 2024, with occupancy rates reaching 96.5% across malls and outlets— the highest in eight years. This strong leasing performance indicates robust tenant demand and positions the company well for future revenue growth.
Guidance and Growth Expectations: For 2025, SPG provided guidance for real estate FFO between $12.40 to $12.65 per share, which reflects at least 3% growth in domestic net operating income (NOI) and includes a projected increase in net interest expenses of $0.25 to $0.30 per share compared to 2024.

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$186.00

Target Price by Analysts

26.4% upsideSimon Property Group Target Price DetailsTarget Price
$215.42

Current Fair Value

46.3% upside

Undervalued by 46.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$49.07 Billion
Enterprise Value$48.87 Billion
Dividend Yield$8.25 (5.48537234042553%)
Earnings per Share$7.26
Beta1.48
Outstanding Shares327,482,843

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio20.77
PEG-190.29
Price to Sales8.18
Price to Book Ratio-147.2
Enterprise Value to Revenue8.19
Enterprise Value to EBIT15.8
Enterprise Value to Net Income39
Total Debt to Enterprise0
Debt to Equity10.37

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...