Simon Property Group Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Indianapolis , may 6, 2024 /prnewswire/ -- simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended march 31, 2024. "we delivered strong results to start the year," said david simon, chairman, chief executive officer and president.

World-renowned shopping destination adds premium amenity, new stores  and shares update on future expansion plans  indianapolis , april 24, 2024 /prnewswire/ -- simon® , a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced its plans to add customer experience enhancements and a new store line-up to woodbury common premium outlets® . woodbury common is one of the world's most successful outlet centers and features the largest collection of luxury outlets in north america.

Atlanta , april 16, 2024 /prnewswire/ -- georgia natural gas, the state's leading natural gas provider, is teaming up with  lenox square to encourage georgia residents and businesses to drive down waste by recycling unwanted electronics at their annual electronic recycling drive. in honor of earth day, used electronics will be collected at lenox square, located at 3393 peachtree rd.

Indianapolis , april 11, 2024 /prnewswire/ --  simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its first quarter earnings release and conference call.  simon's financial and operational results for the quarter ending march 31, 2024, will be released after the market close on may 6, 2024.

Indianapolis , feb. 29, 2024 /prnewswire/ --  simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that the company will present at citi's 2024 global property ceo conference on tuesday, march 5, 2024 at 9:35 a.m. eastern time.

2 Top-Tier REITs You Can Buy At Big Discounts

The real estate investment trust ( REIT ) universe could be worth monitoring this summer as investors hope for the Federal Reserve to deliver the first interest rate cut. Undoubtedly, there's a lot more to REITs than just where interest rates are headed next.

Simon Property's (SPG) Q1 results reflect a better-than-expected top line. This retail REIT behemoth raises its 2024 FFO per share outlook and dividend.

Real estate sector has underperformed this year, but I believe it is due to an erosion of perception, not value. Top real estate stocks have generally reported strong earnings results, beating estimates and raising guidance. Here are two top REITs to buy hand over fist.

Simon Property Group has seen a “big comeback” in malls, driven in part by domestic tourism. The company, which is a real estate investment trust that owns shopping, dining, entertainment and mixed-use destinations, saw its occupancy rise 1.1% year over year (YoY) and reach 95.

Simon Property Group, Inc. (NYSE:SPG ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Tom Ward - Senior Vice President, Investor Relations David Simon - Chairman, Chief Executive Officer and President Brian McDade - Executive Vice President and Chief Financial Officer Conference Call Participants Caitlin Burrows - Goldman Sachs Lizzy Doykan - Bank of America Samir Khanal - Evercore ISI Ronald Kamdem - Morgan Stanley Michael Goldsmith - UBS Alexander Goldfarb - Piper Sandler Nicholas Joseph - Citi Floris van Dijkum - Compass Point Vince Tibone - Green Street Juan Sanabria - BMO Capital Markets Haendel St. Juste - Mizuho Securities Linda Tsai - Jefferies Simon Hong - JPMorgan Greg McGinniss - Scotiabank Operator Greetings and welcome to the Simon Property Group First Quarter 2024 Earnings Conference Call...

The headline numbers for Simon Property (SPG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Simon Property (SPG) came out with quarterly funds from operations (FFO) of $3.56 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to FFO of $2.74 per share a year ago.

Jeff Kilburg, CEO and CIO of KKM Financial, joins CNBC's 'The Exchange' to share outlooks on three stocks: Disney, Simon Property Group, and Lucid Motors.

While Simon Property (SPG) is poised to benefit from its efforts to support omnichannel retailing and solid balance sheet strength, high interest rates are likely to have acted as a spoilsport.