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SPG / Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown

Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown
Simon Property Group was forced to cut its dividend during the pandemic but has shown resilience and continued to grow its FFO and revenue ever since. SPG has an A-rated balance sheet and trades at a discount to its 5-year P/AFFO ratio. I rate SPG a buy. The real estate sector may continue to face headwinds due to high interest rates, but investors with a long-term outlook should consider SPG. Read More
Posted: Sep 1 2023, 10:00
Author Name: Seeking Alpha
Views: 092032

SPG News  

Simon Property (SPG) Tops Q3 FFO Estimates, Raises 2023 Outlook

By Zacks Investment Research
October 31, 2023

Simon Property (SPG) Tops Q3 FFO Estimates, Raises 2023 Outlook

Simon Property's (SPG) Q3 results reflect better-than-anticipated revenues. The retail REIT also raises its 2023 outlook. more_horizontal

Simon Property Group Thrives With Strong Tenant Sales Growth and Tourism Rebound

By PYMNTS
October 30, 2023

Simon Property Group Thrives With Strong Tenant Sales Growth and Tourism Rebound

In the realm of property leasing, Simon Property Group, the largest mall owner and developer in the U.S., is seeing growth in tenant sales, particular more_horizontal

Simon Property Group, Inc. (SPG) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 30, 2023

Simon Property Group, Inc. (SPG) Q3 2023 Earnings Call Transcript

Simon Property Group, Inc. (NYSE:SPG ) Q3 2023 Earnings Call Transcript October 30, 2023 5:00 PM ET Company Participants Tom Ward - SVP, IR David Simo more_horizontal

Simon Property is a 'buy': Morgan Stanley's Ronald Kamdem

By CNBC Television
October 30, 2023

Simon Property is a 'buy': Morgan Stanley's Ronald Kamdem

Ronald Kamdem, Morgan Stanley REIT analyst, joins 'The Exchange' to discuss the state of New York City's commercial real estate, investing opportuniti more_horizontal

Is a Beat in Store for Simon Property (SPG) in Q3 Earnings?

By Zacks Investment Research
October 27, 2023

Is a Beat in Store for Simon Property (SPG) in Q3 Earnings?

The healthy demand for Simon Property's (SPG) properties, efforts to support omnichannel retailing, a focus on mixed-use assets and solid balance-shee more_horizontal

Simon Property Group's 7.2% Dividend Has Insiders Buying In Bulk

By MarketBeat
October 25, 2023

Simon Property Group's 7.2% Dividend Has Insiders Buying In Bulk

People often forget that, despite the presence of trading bots and algorithms, the majority of the market is comprised of people with one common goal: more_horizontal

Simon Property Group: Malls Are Not Dead

By Seeking Alpha
October 25, 2023

Simon Property Group: Malls Are Not Dead

SPG has had its price beaten up and now presents an interesting opportunity. The starting dividend yield is now 7% and the upside potential sits at 23 more_horizontal

Why Simon Property (SPG) Dipped More Than Broader Market Today

By Zacks Investment Research
October 18, 2023

Why Simon Property (SPG) Dipped More Than Broader Market Today

Simon Property (SPG) reachead $108.55 at the closing of the latest trading day, reflecting a -1.45% change compared to its last close. more_horizontal


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