The upcoming report from Simon Property (SPG) is expected to reveal quarterly earnings of $3.01 per share, indicating a decline of 5.9% compared to the year-ago period. Analysts forecast revenues of $1.46 billion, representing an increase of 3.6% year over year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course ...

INDIANAPOLIS, Oct. 25, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced revised details for its third quarter earnings conference call. Simon's financial and operational results for the quarter ending September 30, 2024, will be released before the market open on November 1, 2024.  The Company will host its quarterly earnings conference call and an audio webcast on November 1 from 10:00 ...

I previously covered Simon Property Group (NYSE: SPG ) back in June and issued a buy rating due to the stock remaining undervalued and the dividend being supported with a large cushion by the current earnings. Since that prior Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking ...

For prudent dividend investors, the challenge is to find a balance between high yield and stability. While they are strategies that are indeed focused on ultra-high double-digit yielders, where even with some dividend cuts the adjusted yields wouldRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost ...

Shares of Simon Property Group (SPG) have soared 17.4%% in the year-to-date period compared with its industry’s growth of 7.8%.This retail real estate investment trust’s (REITs) portfolio of premium retail assets in the United States and abroad, the adoption of omnichannel retailing, focus on mixed-use developments and healthy balance sheet strength have enabled it to ride the growth curve so far. Image Source: Zacks Investment Research Let us now decipher the factors behind the increase in the stock price ...

INDIANAPOLIS, Oct. 4, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its third quarter earnings release and conference call. Simon's financial and operational results for the quarter ending September 30, 2024, will be released after the market close on November 5, 2024.  The Company will host its quarterly earnings conference call and an audio webcast on November 5 from 5: ...

Nationwide campaign features acclaimed director Matty Peacock and a network of social influencers to inspire generations of shoppers to meet @themallINDIANAPOLIS, Sept. 30, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced the launch of a new nationwide campaign to celebrate the shopping mall's continuing cachet as the go-to destination for generations.Simon Malls - Meet Me At The Mall C ...

Investors now have one more item and trend to worry about in the stock market: how lower interest rates set by the Federal Reserve (the Fed) might affect the future growth prospects for different companies, especially those that rely on steady cash flows to pay out dividends. Historically, lower rates mean lower earnings and dividends for the financial sector, but just the opposite can be said about the real estate sector.Simon Property Group TodaySPGSimon Property Group$167.71 +1.30 (+0.78%) 52-Week Range$ ...

INDIANAPOLIS, Sept. 23, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the "Operating Partnership"), has agreed to sell $1.0 billion aggregate principal amount of its 4.750% Notes due 2034.The new issue of senior notes has a term of 10 years and a coupon rate of 4.750%. The offering is expected to cl ...

Simon Property Group (SPG) boasts a portfolio of premium retail assets in the United States and abroad. Focus on supporting omnichannel retailing and developing mixed-use assets are encouraging. Also, accretive buyouts and redevelopment efforts augur well for long-term growth. A healthy balance sheet will likely aid growth endeavors. However, growing e-commerce adoption and limited consumers’ willingness to spend amid persistent macroeconomic uncertainties raise concerns.What’s Supporting SPG Stock?This ret ...