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Simon Property Group Inc

Real Estate
$108.84
- $1.20 (1.09%) 1D
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Performance

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      Open PricePrev. CloseVolumeAvg. Volume
      $111.00$110.043,296,7612,100,406

      Fundamentals

      Market Cap$35.76B
      P/B Ratio11
      P/E Ratio16.1
      Enterprise Value$60.92B
      Div. Yield6.18%
      Book Value9.91
      EPS(TTM)1.30
      ROENA
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      About the Company

      Simon Property Group is a self-administered real estate investment trust (REIT) that develops, owns, and operates retail real estate properties in America. It is the largest mall operator in the country; its real estate properties include regional ma
      Simon Property Group is a self-administered real estate investment trust (REIT) that develops, owns, and operates retail real estate properties in America. It is the largest mall operator in the country; its real estate properties include regional malls and premium outlets. Simon Property Group shares are traded on the New York Stock Exchange (NYSE) under the ticker symbol “SPG”. Headquartered in Indianapolis, Indiana, it has more than 4,000 employees. SPG holds interest in more than 200 income generating properties in the United States which include more than 100 shopping malls, over 60 premium outlets, nearly 15 mills, and more than 10 other retail properties in over 35 states in Puerto Rico. Some of the subsidiaries of SPG are Simon Ventures, LLC, Forever 21, Simon Management Associates, LLC, Simon Brand Ventures, LLC, Simon Services, Inc, Rosewood Indemnity Ltd, and Bridgewood Insurance Co Ltd. SPG was incorporated in 1993 when Melvin Simon & Associates, owned by Melvin Simon and Herbert Simon, made an initial public offering of $840 million. It was the largest IPO in the history of America at that time. Following the acquisition of Corporate Property Investors in 1998, the company changed its name back to the original, Simon Property Group. Moreover, this acquisition added 23 malls and 4 office buildings to SPG’s portfolio. In 1997, SPG completed the acquisition of The Retail Property Trust, a private business based in Massachusetts. In 2002, the company acquired several properties from Rodamco North America which included Houston Galleria, Dadeland Mall, Fashion Valley Mall, Fashion Centre at Pentagon City, SouthPark Mall in Charlotte, North Carolina and Stanford Shopping Centre. In 2011, SPG partnered with Nintendo to provide 3DS Wi-Fi hotspots at close to 200 shopping malls in America. In the same year, it purchased the Edina-based Southdale Centre. One of the most noteworthy announcements of Simon Property Group was made on February 10, 2020, when it announced that it had reached an agreement to acquire one of its competitors, Taubman Centres, for approximately $3.6 billion. In 2018, Fortune named Simon Property Group the World’s Most Admired Real Estate Company for the eighth time. Between 2014 and 2015, SPG was named on the Climate “A” list for the second year in a row. In 2018, Forbes ranked SPG 182nd on the list of America’s Largest Public Companies. Two years later, it was ranked 668th on the Forbes Global 2000 2020 list. Moreover, in the same year, SPG occupied the 497th position on the list of Fortune 500 companies.
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      OrganisationSimon Property Group Inc
      IndustryREIT—Retail
      HeadQuartersIndianapolis, IN

      Company Financials

      *All values are in Million $
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      FAQs on Simon Property Group Inc

      Can I Buy Simon Property Group Inc Shares in India?

      Yes, Simon Property Group Inc shares can be bought in India by opening an international trading account with Groww.

      How to Buy Simon Property Group Inc Shares in India?

      One can easily invest in Simon Property Group Inc shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Simon Property Group Inc shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of Simon Property Group Inc.

      What is the Share Price of Simon Property Group Inc?

      The share price of Simon Property Group Inc is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current Simon Property Group Inc share price is $108.84 as of 20 May ‘22

      What is the Market Cap of Simon Property Group Inc?

      The Simon Property Group Inc market cap is $35.76B as of 20 May ‘22

      What is the PE and PB ratio of Simon Property Group Inc?

      The PE and PB ratio of Simon Property Group Inc is 16.1 and 11 as of 20 May ‘22
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