Simon Property Group Inc. (SPG, Financial), Ford Motor Co. (F, Financial), W.W. Grainger Inc. (GWW, Financial) and Macy's Inc. (M, Financial) have declined to their three-year lows.
Simon Property Group Inc. (SPG, Financial) declined to $157.26
The prices of Simon Property Group Inc. (SPG, Financial) shares have declined to $157.26 on May 26, which is only 3.3% above the three-year low of $152.09.
Simon Property Group Inc. is an American international real estate company that is currently the largest real estate investment trust in the U.S. It is also the largest shopping mall operator in the U.S. The company operates from five retail real estate platforms, including regional malls, premium outlet centers, The Mills, community centers and international properties.
Simon Property Group Inc. has a market cap of $49.1 billion; its shares were traded around $157.26 with a P/E ratio of 26.87 and P/S ratio of 9.03. The trailing 12-month dividend yield of Simon Property Group Inc. stocks is 4.32%. The forward dividend yield of Simon Property Group Inc. stocks is 4.36%. Simon Property Group Inc. had an annual average earnings growth of 3.4% over the past 10 years.
On May 25, Simon Property Group Inc. announced that it will redeem all $1.25 billion in aggregate principal amount of its outstanding 5.65% notes due 2020. The redemption date for the notes will be June 26, at a redemption price of $1,123.10 per $1,000 principal amount of the notes. A charge of approximately $128.6 million, to net income and funds from operations is expected to be recorded in the second quarter of 2017 as a result of the redemption of the notes.
Ford Motor Co. (F, Financial) declined to $10.93
The prices of Ford Motor Co. (F, Financial) shares have declined to $10.93 on May 26, which is only 4.5% above the three-year low of $10.44.
Ford Motor Co. is an American international automaker that sells automobiles and commercial vehicles under the Ford brand and most luxury models under the Lincoln brand. The company also owns Brazilian SUV manufacturer Troller and Australian performance car manufacturer FPV. The company has multiple joint-ventures in China, Taiwan, Thailand, Turkey and Russia.
Ford Motor Co. has a market cap of $43.52 billion; its shares were traded around $10.93 with a P/E ratio of 11.75 and P/S ratio of 0.28. The trailing 12-month dividend yield of Ford Motor Co. stocks is 5.48%. The forward dividend yield of Ford Motor Co. stocks is 5.52%. Ford Motor Co. had an annual average earnings growth of 3.7% over the past five years.
On March 31, Ford Motor Co. released its 2016 full-year financial report. For full year 2016, the company had $4.6 billion in net income and a total company adjusted pre-tax profit of $10.4 billion. The company also distributed $3.5 billion to shareholders, including the first supplemental dividend of $1 billion.
W.W. Grainger Inc. (GWW, Financial) declined to $173.58
The prices of W.W. Grainger Inc. (GWW, Financial) shares have declined to $173.58 on May 26, which is only 1.9% above the three-year low of $170.21.
W.W. Grainger Inc. is an American Fortune 500 industrial supply company and distribution company. The company is a business to business distributor of products used to maintain, repair and operate facilities. The company has customers in industries including health care, manufacturing, government and hospitality.
W.W. Grainger Inc. has a market cap of $10.14 billion; its shares were traded around $173.58 with a P/E ratio of 17.65 and P/S ratio of 1.02. The trailing 12-month dividend yield of W.W. Grainger Inc. stocks is 2.83%. The forward dividend yield of W.W. Grainger Inc. stocks is 2.9%. W.W. Grainger Inc. had an annual average earnings growth of 11.4% over the past 10 years.
On April 18, W.W. Grainger announced financial results for the first quarter 2017. The company reported net sales of $2.5 billion, a 1% increase compared to first quarter 2016. Net earnings for the quarter was $175 million, down 6% versus $187 million during first quarter 2016. Furthermore, earnings per share was $2.93, down 2% versus $2.98 in first quarter 2016.
Macy's Inc. (M, Financial) declined to $23.44
The prices of Macy's Inc. (M, Financial) shares have declined to $23.44 on May 26, which is only 4.3% above the three-year low of $22.43.
Macy's Inc. is an American holding company that owns the department store chains Macy’s and Bloomingdale’s, both of which specialize in the sales of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products and various household items.
Macy's Inc. has a market cap of $7.14 billion; its shares were traded around $23.44 with a P/E ratio of 12.74 and P/S ratio of 0.28. The trailing 12-month dividend yield of Macy's Inc stocks is 6.43%. The forward dividend yield of Macy's Inc. stocks is 6.46%. Macy's Inc. had an annual average earnings growth of 0.2% over the past five years.
On March 27, Macy's Inc. announced an agreement with G-III Apparel Group Ltd. under which Macy’s will serve beginning February 2018 as the exclusive U.S. department store for sales of KDNY women’s apparel and accessories. Under the agreement, Macy’s exclusivity covers DKNY women’s apparel, handbags, shoes, outerwear and swim. The two companies will also work closely on brand extensions and exclusive products.
Disclosure: I do not own stock in any of the companies mentioned in the article.
