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Simon Property Group Inc $ 61.02 -3.39 (-5.26%)

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Volume:
9,252,514
Avg Vol (1m):
10,090,077
Market Cap $:
18.66 Bil
Enterprise Value $:
43.38 Bil
P/E (TTM):
9.44
P/B:
8.70
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SPG News and Headlines - Simon Property Group

GuruFocus Articles Total 131
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The cap rate is discussed in the context of the Covid-19 crisis

Cap rate is a financial metric used by real estate investors to analyze real estate investments to determine their potential rate of return. It is calculated based on the net income from operations that a real estate investment is expected to generate over the course of one year, which can help an investor make a decision on whether to buy, sell or hold and compare it with other similar investments.

When calculating the cap rate, we take the ratio of the net operating income to the asset value of the property. The property asset value, in this

198 Views    Praveen Chawla    2020-07-08 13:57
The largest mall REIT has an obviously attractive yield but an unsustainable payout ratio

Simon Property Group (SPG) has so far been able to withstand the pandemic onslaught, though its business has sufferred for obvious reasons. Dividend investors may easily be lured by the dividend yield that the largest mall REIT in the U.S. currently provides.

On March 18, just a few days before the pandemic-induced market bottom, the Indianapolis, Indiana-based mall operator announced that it would close all of its stores nationwide for at least 11 days. Simon Property Group had 133 properties about to close its doors to. A month and a half later, the mall REIT finally

77 Views    Mark Yu    2020-07-07 16:18
S&P 500 gains 1.47%

The Dow Jones Industrial Average closed at 25,595.80 on Monday with a gain of 580.25 points or 2.32%. The S&P 500 closed at 3,053.24 for a gain of 44.19 points or 1.47%. The Nasdaq Composite closed at 9,874.15 for a gain of 116.93 points or 1.20%. The VIX Volatility Index was lower at 31.95 for a loss of 2.78 points or -8.00%.

Monday’s market movers

U.S. indexes closed with gains Monday, following a down week. Investors continued to watch coronavirus cases. Globally, cases surpassed 10 million. In the U.S., Florida, Texas, California and Arizona have accounted for most of the

137 Views    Julie Young    2020-06-29 20:42
T. Rowe Price on the list

Companies that have positive and steady net margins and operating margins are often good investments because they can return a solid profit to investors.

According to the GuruFocus discounted cash flow calculator as of June 25, the following undervalued companies have a high margin of safety and have grown their margins over a 10-year period.

Cognizant

Cognizant Technology Solutions Corp.'s (CTSH) net margin and operating margin have grown 13.49% and 17.93% per annum, respectively, over the past 10 years.

According to the DCF calculator, the stock is undervalued with a 7.74% margin of safety at $53.85 per share. The

146 Views    Tiziano Frateschi    2020-06-25 15:18
S&P 500 down 2.59%

The Dow Jones Industrial Average closed at 25,445.94 on Wednesday with a loss of 710.16 points or -2.72%. The S&P 500 closed at 3,050.33 for a loss of 80.96 points or -2.59%. The Nasdaq Composite closed at 9,909.17 for a loss of 222.20 points or -2.19%. The VIX Volatility Index was higher at 33.75 for a gain of 2.38 points or 7.59%.

Wednesday’s market movers

Stocks sold off Wednesday with rising concerns over coronavirus infections. The seven-day infection count average increased 30% across the U.S. Texas, Florida, Arizona and California are showing some substantial increases. Florida and California set daily

113 Views    Julie Young    2020-06-24 20:50
Nasdaq gains 0.74%

The Dow Jones Industrial Average closed at 26,156.10 on Tuesday with a gain of 131.14 points or 0.50%. The S&P 500 closed at 3,131.29 for a gain of 13.43 points or 0.43%. The Nasdaq Composite closed at 10,131.37 for a gain of 74.89 points or 0.74%. The VIX Volatility Index was lower at 31.37 for a loss of 0.40 points or -1.26%.

Tuesday’s market movers

U.S. stocks ended with gains Tuesday. Investors were watching uncertainty over the China trade deal after comments from Trade Advisor Peter Navarro suggested there could be problems. Navarro and President Trump confirmed Tuesday that the

29 Views    Julie Young    2020-06-23 22:08
Nasdaq up 10.85% for the year

The Dow Jones Industrial Average closed at 25,871.46 on Friday with a loss of 208.64 points or -0.80%. The S&P 500 closed at 3,097.74 for a loss of 17.60 points or -0.56%. The Nasdaq Composite closed at 9,946.12 for a gain of 3.07 points or 0.03%. The VIX Volatility Index was higher at 34.48 for a gain of 1.54 points or 4.68%.

For the week, the Nasdaq gained 3.7%, the S&P 500 gained 1.9% and the Dow Jones gained 1%. For the year, the Nasdaq is up 10.85%, the S&P 500 is down 4.12% and the Dow Jones is down

56 Views    Julie Young    2020-06-19 21:43
S&P 500 down 0.36%

The Dow Jones Industrial Average closed at 26,119.61 on Wednesday with a loss of 170.37 points or -0.65%. The S&P 500 closed at 3,113.49 for a loss of 11.25 points or -0.36%. The Nasdaq Composite closed at 9,910.53 for a loss of 14.66 points or 0.15%. The VIX Volatility Index was lower at 33.57 for a loss of 0.100 points or -0.30%.

Wednesday’s market movers

U.S. indexes retreated Wednesday after a three-day rally. From the major indexes, only the Nasdaq closed higher. The Nasdaq was helped by biotech, with some reports showing the steroid drug dexamethasone is increasing the recovery

30 Views    Julie Young    2020-06-17 21:18
VMware on the list

According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of June 16.

VMware

VMware Inc. (VMW) has a business predictability rank of 4 out of 5 stars and, according to the discounted cash flow calculator, a 67.96% margin of safety at an average price of $136.89 per share.

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The Dell-subsidiary and leader in virtual machines and data centers has a market cap of $57.3 billion and an enterprise value of $59.9 billion. Over the past five years, its

395 Views    Tiziano Frateschi    2020-06-16 16:28
Nasdaq up 6.87% for the year

The Dow Jones Industrial Average closed at 25,605.54 on Friday with a gain of 477.37 points or 1.90%. The S&P 500 closed at 3,041.31 for a gain of 39.21 points or 1.31%. The Nasdaq Composite closed at 9,588.81 for a gain of 96.08 points or 1.01%. The VIX Volatility Index was lower at 36.09 for a loss of 4.70 points or -11.52%.

For the week, the Nasdaq was down 2.3%, the S&P 500 was down 4.8% and the Dow Jones returned -5.6%. For the year, the Nasdaq is up 6.87%, the S&P 500 is down 5.86% and the Dow Jones

162 Views    Julie Young    2020-06-12 22:21
S&P 500 gains 1.20%, Nasdaq Closes at Record High

The Dow Jones Industrial Average closed at 27,572.44 on Monday with a gain of 461.46 points or 1.70%. The S&P 500 closed at 3,232.39 for a gain of 38.46 points or 1.20%. The Nasdaq Composite closed at 9,924.74 for a gain of 110.66 points or 1.13%. The VIX Volatility Index was higher at 25.81 for a gain of 1.29 points or 5.26%.

Monday’s market movers

U.S. indexes ended higher Monday. The Nasdaq reported a new record close. Investors showed optimism over the economy as reopening progress and Friday’s strong labor market results carried into the new week.

In the S&P

36 Views    Julie Young    2020-06-09 13:56
S&P 500 gains 2.62%

The Dow Jones Industrial Average closed at 27,110.98 on Friday with a gain of 829.16 points or 3.15%. The S&P 500 closed at 3,193.93 for a gain of 81.58 points or 2.62%. The Nasdaq Composite closed at 9,814.08 for a gain of 198.27 points or 2.06%. The VIX Volatility Index was lower at 24.18 for a loss of 1.63 points or -6.32%.

Friday’s market movers

U.S. indexes jumped on Friday after a much better-than-expected May jobs report. The labor market added 2.509 million jobs, beating the estimate of -8.870 million. The unemployment rate decreased to 13.3% from 14.7% and beat

65 Views    Julie Young    2020-06-05 21:09
S&P 500 up 1.36%

The Dow Jones Industrial Average closed at 26,269.89 on Wednesday with a gain of 527.24 points or 2.05%. The S&P 500 closed at 3,122.87 for a gain of 42.05 points or 1.36%. The Nasdaq Composite closed at 9,682.91 for a gain of 74.54 points or 0.78%. The VIX Volatility Index was lower at 25.66 for a loss of 1.18 points or -4.40%.

Wednesday’s market movers

U.S. stocks gained for a fourth day with several economic improvements. ADP provided an upbeat private sector employment report, showing a decrease of -2.760 million payrolls. ADP’s report beat economists’ estimate of -9.600 million and

41 Views    Julie Young    2020-06-03 22:18
Markets in the green, Campbell Soup down after earnings report

US markets

U.S. stocks were in the green on Wednesday morning. The Dow Jones Industrial Average gained 1.68% to 26,174, the S&P 500 index rose 1.22% to 3,118 and the Nasdaq Composite Index was up 0.67% to 9,672.

Gainers

• Simon Property Group Inc (SPG) +14%

• MGM Resorts International (MGM) +11%

• Alliance Data Systems Corp (ADS) +10.7%

• Mosaic Co (MOS) +9.7%

• SL Green Realty Corp (SLG) +8.5%

• Las Vegas Sands Corp (LVS) +8%

Losers

• Newmont Corporation (NEM) -4.2%

• General Mills Inc (GIS) -2.7%

• Hormel Foods Corp (HRL) -1.9%

• Abbott Laboratories

59 Views    Omar Venerio    2020-06-03 15:51
S&P 500 down 0.12%

The Dow Jones Industrial Average closed at 25,400.64 on Thursday with a loss of 147.63 points or -0.58%. The S&P 500 closed at 3,029.73 for a loss of 6.40 points or -0.21%. The Nasdaq Composite closed at 9,368.99 for a loss of 43.37 points or -0.46%. The VIX Volatility Index was higher at 28.90 for a gain of 1.28 points or 4.63%.

Thursday’s market movers

U.S. stocks ended lower Thursday. Social media stocks were all mostly lower after the president threatened an executive order that increases regulatory pressure on them. The executive order is expected for tomorrow and would increase

153 Views    Julie Young    2020-05-28 21:07
Fairholme leader introduces 4 new holdings to equity portfolio

Bruce Berkowitz (Trades, Portfolio), founder and managing partner of the Fairholme Fund (Trades, Portfolio), disclosed last week that his top buys for the first quarter included a position expansion in Warren Buffett (Trades, Portfolio)’s conglomerate Berkshire Hathaway Inc. (BRK.A)(BRK.B) and new holdings in The Kraft Heinz Co. (KHC), Occidental Petroleum Corp. (OXY), Simon Property Group Inc. (SPG) and Western Midstream Partners LP (WES).

Berkowitz concentrates his investments in a relatively small number of companies, believing that the more diversified the portfolio is, the more likely the portfolio performance will be just

748 Views    James Li    2020-05-19 19:34
S&P 500 down 1.40%

The Dow Jones Industrial Average closed at 24,101.55 on Tuesday with a loss of 32.23 points or -0.13%. The S&P 500 closed at 2,863.39 for a loss of 15.09 points or -0.52%. The Nasdaq Composite closed at 8,607.73 for a loss of 122.43 points or -1.40%. The VIX Volatility Index was higher at 34.01 for a gain of 0.72 points or 2.16%.

Tuesday’s market movers

U.S. stocks ended lower Tuesday. Shelter releases and closures continued to be lifted. President Trump took executive actions to help meat processors after Tyson Foods (TSN) warned of supply decreases from shutdowns. Coronavirus cases increased

37 Views    Julie Young    2020-04-28 21:29
Simon Property Group makes the list

As of Wednesday, April 22, the GuruFocus All-in-One Screener, a Premium feature, found that the following utility stocks have low price-earnings ratios and have been bought by gurus. While some of them are great value investments, others may need to be researched more carefully, according to the discounted cash flow calculator.

Simon Property Group

With a market cap of $16.37 billion, Simon Property Group Inc. (SPG) has a price-earnings ratio of 7.86. According to the DCF calculator, the stock has a fair value of $161.10 while trading at $53.56.

The stock has lost 69.67% over the last 12

194 Views    Tiziano Frateschi    2020-04-22 16:38
Retailer's stock is trading far below the value of its properties

In 2003, Mohnish Pabrai (Trades, Portfolio), then a relatively unknown investor, made a bet on an obscure Norwegian oil shipping company called Frontline Ltd. (FRO), which at the time was suffering from a cyclical contraction in the crude oil industry.

Oil tanker rates vary somewhere between $6,000 a day to $80,000 a day, and they need about $18,000 a day to break even. But at that particular time, the rate was at $6,000 a day and the stock went from $11 per share to $3. The company owned about 60 to 70 ships and if it simply

481 Views    Micah Gerelnyam    2020-04-16 16:09
S&P 500 down 2.20%

The Dow Jones Industrial Average closed at 23,504.35 on Wednesday with a loss of 445.41 points or -1.86%. The S&P 500 closed at 2,783.36 for a loss of 62.70 points or -2.20%. The Nasdaq Composite closed at 8,393.18 for a loss of 122.56 points or -1.44%. The VIX Volatility Index was higher at 40.81 for a gain of 3.05 points or 8.08%.

Wednesday’s market movers

U.S. indexes closed lower Wednesday, unable to continue Tuesday’s rally. Coronavirus cases increased to over 600,000. The Trump administration continued to discuss plans for reopening, suggesting the least infected states could potentially reopen before May

45 Views    Julie Young    2020-04-15 20:57

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