simon is a global leader in retail real estate ownership, management and development and a s&p 100 company (simon property group, nyse: spg). our industry-leading retail properties and investments across north america, europe and asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales. our portfolio includes assets of national and international renown - proven assets that are the preferred location for retailers. in addition to our high quality properties, simon is also known for our strong balance sheet, a long-tenured and well-respected senior management team, and our innovative spirit, as reflected in a 50 + year history of successful retail real estate development, management & leasing. employment at simon is considered the pinnacle of a career by real estate professionals due to our leadership position in the industry. with a total market capitalization of over $80 billion, we are well positioned to continue to deliver
Company profile
Ticker
SPG, SPG-PJ
Exchange
Website
CEO
David Simon
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CORPORATE PROPERTY INVESTORS INC
SEC CIK
Corporate docs
Subsidiaries
Simon Property Group, L.P. • Simon Property Group • M.S. Management Associates, Inc. • Kravco Simon Investments, L.P. • Premium Outlet Partners, L.P. • SPG Mayflower, LLC • Silver Merger Sub 1, LLC • Silver Merger Sub 2, LLC • Simon Services, Inc. • Simon Global Development B.V. ...
IRS number
46268599
SPG stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
S-3ASR
Automatic shelf registration
23 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K/A
Departure of Directors or Certain Officers
9 Feb 24
8-K
Simon® Announces New $2.0 Billion
8 Feb 24
8-K
Results of Operations and Financial Condition
5 Feb 24
8-K
Simon Property Group Announces Appointment of Nina P. Jones to Board of Directors
9 Jan 24
8-K/A
Departure of Directors or Certain Officers
8 Nov 23
Transcripts
SPG
Earnings call transcript
2023 Q4
5 Feb 24
SPG
Earnings call transcript
2023 Q3
30 Oct 23
SPG
Earnings call transcript
2023 Q2
2 Aug 23
SPG
Earnings call transcript
2023 Q1
2 May 23
SPG
Earnings call transcript
2022 Q4
6 Feb 23
SPG
Earnings call transcript
2022 Q3
1 Nov 22
SPG
Earnings call transcript
2022 Q2
2 Aug 22
SPG
Earnings call transcript
2022 Q1
10 May 22
SPG
Earnings call transcript
2021 Q4
8 Feb 22
SPG
Earnings call transcript
2021 Q3
2 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 769.03 mm | 769.03 mm | 769.03 mm | 769.03 mm | 769.03 mm | 769.03 mm |
Cash burn (monthly) | 22.81 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 136.41 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 632.62 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 27.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
72.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 861 |
Opened positions | 140 |
Closed positions | 243 |
Increased positions | 282 |
Reduced positions | 311 |
13F shares | Current |
---|---|
Total value | 23.31 tn |
Total shares | 234.61 mm |
Total puts | 845.71 k |
Total calls | 511.84 k |
Total put/call ratio | 1.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 45.71 mm | $6.52 tn |
CNS Cohen & Steers | 22.97 mm | $3.28 bn |
STT State Street | 22.74 mm | $3.24 tn |
Norges Bank | 17.99 mm | $0.00 |
Melvin Simon & Associates | 12.52 mm | $0.00 |
MS Morgan Stanley | 5.78 mm | $824.74 bn |
FMR | 5.67 mm | $809.42 bn |
DSECF Daiwa Securities | 4.92 mm | $701.45 mm |
LGEN Legal & General | 4.91 mm | $700.77 bn |
Dimensional Fund Advisors | 4.64 mm | $662.26 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Mar 24 | Brian J. McDade | RSU Common Stock | Grant | Acquire A | No | No | 0 | 4,924 | 0.00 | 4,924 |
6 Mar 24 | Brian J. McDade | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 19,036 | 0.00 | 24,047 |
6 Mar 24 | David Simon | RSU Common Stock | Grant | Acquire A | No | No | 0 | 16,413 | 0.00 | 16,413 |
6 Mar 24 | David Simon | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 57,867 | 0.00 | 965,231 |
6 Mar 24 | Kevin M Kelly | RSU Common Stock | Grant | Acquire A | No | No | 0 | 411 | 0.00 | 411 |
6 Mar 24 | Simon Eli | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,283 | 0.00 | 3,283 |
6 Mar 24 | Simon Eli | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 7,615 | 0.00 | 7,615 |
6 Mar 24 | Adam Reuille | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,231 | 0.00 | 1,231 |
6 Mar 24 | Adam Reuille | LTIP Units Common Stock | Grant | Acquire A | No | No | 0 | 3,808 | 0.00 | 5,690 |
News
Looking At Simon Property Group's Recent Unusual Options Activity
25 Mar 24
Forecasting The Future: 5 Analyst Projections For Simon Property Group
25 Mar 24
Disney To Rally Around 17%? Here Are 10 Top Analyst Forecasts For Monday
25 Mar 24
Truist Securities Maintains Hold on Simon Property Group, Raises Price Target to $147
25 Mar 24
Peering Into Simon Property Group's Recent Short Interest
15 Mar 24
Press releases
Thinking about trading options or stock in Tesla, Shopify, Crowdstrike, Marathon Digital, or Simon Property?
16 Feb 24
Simon® Embraces Environmental Transparency by Disclosing through CDP
14 Feb 24
Simon® Announces New $2.0 Billion Common Stock Repurchase Program
8 Feb 24
Simon® Reports Fourth Quarterand Full Year 2023 Resultsand Raises Quarterly Dividend
5 Feb 24
Simon Property Group Announces Reporting Information For 2023 Distributions
16 Jan 24