MARKET COMPOSITE
SPG - Simon Property Group, Inc.3:54:54 PM 4/26/2024
Price
$143.40
+ 0.67 (0.47%)
Simon Property Group, Inc. is an American commercial real estate company, one of the largest retail real estate investment trusts , and the largest shopping mall operator in the US. The company operates five retail real estate platforms: regional malls, premium outlet centers, The Mills, community/lifestyle centers and international properties. It owns or has an interest in more than 204 properties comprising approximately 241,000,000 square feet of gross leasable area in North America and Asia. The company is headquartered in Indianapolis, Indiana, and employs more than 5,000 people. It is publicly traded on the NYSE under the symbol SPG and is part of the S&P 100.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue-2.6B-285%
Operating Income-1.2B-276%
Operating Expenses-1.4B-
Net Income-898MM-232%
G&A10.3MM+13%
Amortization320.3MM+2%
Interest Expense224.9MM+6%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

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Stock news

    Simon®, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced its plans to add customer experience enhancements and a new store line-up to Woodbury Common Premium Outlets®. Woodbury Common is one of the world's most successful outlet centers and features the largest collection of luxury outlets in North America. Located in the heart of New York's bucolic Hudson Valley just one hour from Manhattan, the outlet center is a destination for local resid

    Openings so far this year and through 2023 were David Yurman, Roberto Cavalli, Maison Margiela, Ladurée, Bogne, Sferra, Jil Sander, Zadig & Voltaire, Eleventy, Wilson's Sporting Goods, and Reformation.

    A group led by brand-management firm WHP Global plans to buy a substantial majority of the company’s retail stores and operations.

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    Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its first quarter earnings release and conference call.

    Wednesday was not the day to bet on real-estate stocks. The sector was down 4.5% in recent trading, easily the worst performance of the S&P 500's 11 segments. The decline put it on pace for its worst day since June 2022.

    Simon Property (SPG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.