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 ...

Giulio Fornasar/iStock via Getty Images SPG Stock: I used to like it too Wall Street analysts are currently bullish on Simon Property Group (NYSE:SPG). More specifically, the chart below summarizes the current sentiment on SPG stock from Wall Street. As seen, SPG stock currently receives a solid buy rating (with an average rating of 3.66). In the last 90 days, 18 Wall Street analysts have weighed in on the stock, with 5 strong buy ratings, 2 buy ratings, 11 hold ratings, and no sell or strong sell ratin ...

wxin My last article on Simon Property Group (NYSE:NYSE:SPG) was issued way back in March, 2020 when the stock had dropped by circa 60% since the start of the year. My thesis was bullish and supported by SPG's upper investment grade credit rating and access to ample amounts of liquidity, which in my eyes were totally sufficient to cover the costs for couple of years in a row even assuming that majority of its malls will not be open during this period. In other words, the scenario had to be very pessimis ...

INDIANAPOLIS, July 11, 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 second quarter earnings release and conference call. Simon's financial and operational results for the quarter ending June 30, 2024, will be released after the market close on August 5, 2024.  The Company will host its quarterly earnings conference call and an audio webcast on August 5 from 5:00 p.m. ...