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Is this Large Market Cap Stock target price reasonable for Simon Property Group Inc. (NYSE:SPG)?

The company in question is, Simon Property Group Inc. (NYSE:SPG) currently with a stock price of 197.49 (0.25% today). The market cap for Simon Property Group Inc. is 62624.08, and is in the sector Financial, and REIT – Retail industry. The target price for Simon Property Group Inc. is 238.95. Currently Simon Property Group Inc. is trading with a P/E of 35.06, and a forward P/E of 28.75. Average volume for Simon Property Group Inc. is 1228.35 and so far today it is 995900.

Performance in the last year for Simon Property Group Inc. has been 2.76%. For EPS growth, Simon Property Group Inc. has seen a growth of 32.90%, and is looking to grow in the next year to 10.61%. More long term stats show that EPS growth has been 22.90% over the last five years and could be 7.60% for the next five years. Simon Property Group Inc. has seen sales growth quarter over quarter at -2.50%, with EPS growth quarter over quarter at -4.60%. The 20-day simple moving average is -6.04%, with the 200-day simple moving average coming to -2.23%.

Since the IPO date for Simon Property Group Inc. on the 12/14/1993, Simon Property Group Inc. has seen performance year to date to be 4.09%. With Simon Property Group Inc. trading at 197.49, the dividend yield is 3.34%, and the EPS is 5.63.

So could Simon Property Group Inc., be undervalued? Well as said before P/E is 35.06. The PEG is 4.61, P/S is 11.7 and the P/B is at 13.52. The P/cash is 70.82, with P/free cash flow at 26.99.

Simon Property Group Inc. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 5.01, and total debt/equity at 5.01.

In terms of margins, Simon Property Group Inc. has a gross margin of 81.90%, an operating margin of 49.40% and a profit margin of 32.70%.Payout ratio for Simon Property Group Inc. is 112.70%. Return on assets come to 5.60% with return on investment coming to 10.40%.

Insider ownership for Simon Property Group Inc., is at 0.72% and institutional ownership comes to 100.00%. Outstanding shares are at 317.1. While shares float is 311.54. The float short is currently 1.79%, and short ratio is 4.55.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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