Morgan Stanley (NYSE:MS) strategists are urging investors to snap up U.S. government bonds, even if the economy doesn’t slow down. They believe bond yields could fall dramatically driven by “residual seasonality,” a statistical quirk that can sway economic data even after seasonal adjustments. This could lead to predicting a more rapid decline in inflation than the market is currently pricing in, and three stocks to sell in light of MS’s prediction.As bond yields fall, bond prices rise. However, the cooling ...

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 March 31, 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 001-14469 04-6268599 (Simon Property Gr oup, Inc.) ...

Shares of Simon Property Group, Inc. (SPG) have been up more than 2% during today’s pre-market session on the NYSE today after this retail REIT behemoth came up with better-than-expected first-quarter funds from operations (FFO) per share yesterday. SPG also increased its 2024 FFO per share outlook and raised its dividend.Simon Property's first-quarter 2024 FFO per share of $3.56 surpassed the Zacks Consensus Estimate of $2.80. Also, the figure increased from $2.74 reported in the year-ago period.Results re ...

Simon Property Group has seen a “big comeback” in malls, driven in part by domestic tourism.The company, which is a real estate investment trust that owns shopping, dining, entertainment and mixed-use destinations, saw its occupancy rise 1.1% year over year (YoY) and reach 95.5% as of March 31, Simon said in a Monday (May 6) earnings release.It also saw its base minimum rent per square foot rise 3% YoY, reaching $57.53 on March 31, according to the release.“Needless to say, I’m very pleased with our first q ...

Simon Property Group, Inc. (NYSE:SPG) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Tom Ward - Senior Vice President, Investor Relations David Simon - Chairman, Chief Executive Officer and President Brian McDade - Executive Vice President and Chief Financial Officer Conference Call Participants Caitlin Burrows - Goldman Sachs Lizzy Doykan - Bank of America Samir Khanal - Evercore ISI Ronald Kamdem - Morgan Stanley Michael Goldsmith - UBS Alexander Goldfarb - Piper Sandler Nich ...

For the quarter ended March 2024, Simon Property (SPG) reported revenue of $1.44 billion, up 6.8% over the same period last year. EPS came in at $3.56, compared to $1.38 in the year-ago quarter.The reported revenue represents a surprise of +2.47% over the Zacks Consensus Estimate of $1.41 billion. With the consensus EPS estimate being $2.80, the EPS surprise was +27.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Simon Property (SPG) came out with quarterly funds from operations (FFO) of $3.56 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to FFO of $2.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 27.14%. A quarter ago, it was expected that this shopping mall real estate investment trust would post FFO of $3.34 per share when it actually produced FFO of $3.69, delivering a surprise of 10.48%.Over the ...

TABLE OF CONTENTS EARNINGS RELEASE & SIMON PROPERTY GROUP SUPPLEMENTAL INFORM ATION UNAUDITED FIRST QUARTER TABLE OF CONTENTS TABLE OF CONTENTS EARNINGS RELEASE AND SUPPLEMENTAL INFORMATION FOR THE QUARTER ENDED MARCH 31, 2024 PAGE Earnings Release (1) 2-11 Overview 12 The Company 12 ...

SPG stock settled lower in May lower in most of the past 10 yearsReal estate investment trust (REIT) Simon Property Group Inc (NYSE:SPG) has fallen since its March 21 two-year high of $157.82, last seen trading at $142.03. Support at the $140 level has mostly kept the stock afloat in 2024, but we'll see how it fares during a historically bearish month. Simon Property Group stock is second on Schaeffer's Senior Quantitative Analyst Rocky White's list of 25 worst S&P 500 Index (SPX) stocks in May in the last ...

In its upcoming report, Simon Property (SPG) is predicted by Wall Street analysts to post quarterly earnings of $2.80 per share, reflecting an increase of 2.2% compared to the same period last year. Revenues are forecasted to be $1.41 billion, representing a year-over-year increase of 4.2%.Over the last 30 days, there has been a downward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their init ...