![]() It is a trending stock that is worth watching. On Stockchase covered Simon Property Group Inc. Simon Property Group (SPG) is categorized under the Financials sector to. stock dropping?Įarnings reports or recent company news can cause the stock price to drop.įor help on deciding if you should buy, sell or hold the stock. Read the latest stock experts ratings for Simon Property Group Inc. Read the latest stock experts' ratings for Simon Property Group Inc. ![]() The latest stock analyst recommendation is. is a American stock, trading under the symbol Simon Property Group has an average rating of Outperform and price targets ranging from 110 to 172, according to analysts polled by Capital IQ. The business’s growth outlook is not impressive, and SPG may face potential headwinds for growth due to the transition to e-commerce. ![]() Total debt is around 6.5x times trailing twelve-month cash flow of $3.8B, and cash flow grew slightly around 3% compared to $3.6B last year.īased on consensus estimates, sales are expected to grow by 2% - 3% on average going forward.The company has been resilient and managed to pay predictable dividends.Īlthough the dividend yield looks attractive and would likely be sustainable in the near term, the potential of consistently increasing dividends in a foreseeable future and long-term capital appreciation is not high. The balance sheet is quite leveraged like other REITs, with net debt of $24.8B. The company’s revenue was hit quite hard during the pandemic and SPG’s revenue and EBIT in the trailing twelve-month did not recover to 2019’s levels. SPG is now trading at 17.5x times' Forward P/E. Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
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