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Walter Bibikow Today's article examines Simon Property Group, Inc. (NYSE:SPG), a U.S.-centric real estate investment trust that invests in high-quality malls. Simon Property Group's market value has increased by more than 45% year-over-year. Therefore, the question becomes: Is Simon Property Group overvalued, or does it have additional room to roam? Data by YCharts I assessed various fundamental, systematic, and market-based variables to address the central question. Let's traverse into a discussion abo ...

Simon Property Group (SPG) , the retail REIT behemoth, is well-poised to ride on this growth curve, backed by its portfolio of premium retail assets in the United States and abroad, solid operating fundamentals and strategic moves. Earlier in August, Simon Property reported second-quarter 2024 funds from operations (FFO) per share of $2.90, which increased from $2.88 reported in the year-ago period. An increase in revenues, backed by a rise in the base rent per square foot and occupancy levels, supported th ...

Allkindza Simon Property Group, Inc. (NYSE:SPG) announced another dividend increase that has the company inching closer to the rate it paid before the COVID-19 challenges and worries about the economy committed management to preemptively cutting the distribution “just in case” the worst happened. Yet as the economy has continued to well, the fears about the worst happening are fading, even though there is a periodic scare about inflation. As long as David Simon, CEO, remains at the helm, this stock shou ...

PM Images At the time, many investors thought the impacts of the pandemic would cripple the economy and the stock market for a longer duration of time than they did. While some industries rebounded much quicker than others, many will look back on the early days of the pandemic and wish they had put more capital to work. I certainly didn't catch Simon Property Group (NYSE:SPG) at the bottom, but in 2022, I paid as much as $114.61 and as little as $89.32 when I was building my position in what I consider ...

Table of Contents J UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 SIMON PROPERTY GROUP, INC. SIMON PROPERTY GROUP, L.P. (Exact name of registrant as specified in its charter) Delaware (Simon Property Group, Inc.) Delaware (Simon Propert ...

Simon Property Group, Inc. (SPG) reported second-quarter funds from operations (FFO) per share of $2.90, missing the Zacks Consensus Estimate of $2.93. It generated revenues of $1.46 billion in the quarter, which surpassed the Zacks Consensus Estimate of $1.43 billion.On a year-over-year basis, FFO per share reported a marginal increase, while the top line rose 6.5%.Increase in Lease & Other Income Boosts RevenuesSPG’s lease income grew 4.8% year over year to $1.32 billion in the second quarter of 2024. The ...

Simon Property Group, Inc. (SPG) reported second-quarter funds from operations (FFO) per share of $2.90, missing the Zacks Consensus Estimate of $2.93. However, the figure increased from $2.88 reported in the year-ago period.Results reflect higher interest expenses on a year-over-year basis. However, an increase in revenues, backed by a rise in the base rent per square foot and occupancy levels supported the results to some extent. SPG also increased its 2024 FFO per share outlook and raised its dividend.Si ...

TABLE OF CONTENTS SIMON PROPERTY GROUPEARNINGS RELEASE & SUPPLEMENTAL INFORMATION UNAUDITED SECOND QUARTER TABLE OF CONTENTS TABLE OF CONTENTS EARNINGS RELEASE AND SUPPLEMENTAL INFORMATION | --- | --- | |-------------------------------------|-------| | FOR THE QUARTER ENDED JUNE 30, 2024 | PAGE | | (1)Earnings Release | 2−11 | | --- | --- | |----------------------------------------------------------------------------------|-------| | Overview | 12 | | The Company | 12 | | Stock Information, Credit Ratings a ...

In its upcoming report, Simon Property (SPG) is predicted by Wall Street analysts to post quarterly earnings of $2.92 per share, reflecting an increase of 1.4% compared to the same period last year. Revenues are forecasted to be $1.43 billion, representing a year-over-year increase of 4.4%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections duri ...