Stock Updates

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 221.09 (0.63% today). The market cap for Simon Property Group Inc. is 71489.24, and is in the sector Financial, and REIT – Retail industry. The target price for Simon Property Group Inc. is 235.63. Currently Simon Property Group Inc. is trading with a P/E of 38.53, and a forward P/E of 31.81. Average volume for Simon Property Group Inc. is 1359.67 and so far today it is 409878.

Performance in the last year for Simon Property Group Inc. has been 19.61%. For EPS growth, Simon Property Group Inc. has seen a growth of 32.90%, and is looking to grow in the next year to 9.06%. More long term stats show that EPS growth has been 22.90% over the last five years and could be 20.74% for the next five years. Simon Property Group Inc. has seen sales growth quarter over quarter at 9.90%, with EPS growth quarter over quarter at -10.30%. The 20-day simple moving average is 3.72%, with the 200-day simple moving average coming to 11.57%.

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 14.92%. With Simon Property Group Inc. trading at 221.09, the dividend yield is 3.00%, and the EPS is 5.7.

So could Simon Property Group Inc., be undervalued? Well as said before P/E is 38.53. The PEG is 1.86, P/S is 13.27 and the P/B is at 14.95. The P/cash is 88.8, with P/free cash flow at 34.21.

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 5.05, and total debt/equity at 5.05.

In terms of margins, Simon Property Group Inc. has a gross margin of 82.10%, an operating margin of 50.10% and a profit margin of 32.80%.Payout ratio for Simon Property Group Inc. is 109.60%. Return on assets come to 5.70% with return on investment coming to 10.40%.

Insider ownership for Simon Property Group Inc., is at 0.72% and institutional ownership comes to 96.60%. Outstanding shares are at 325.38. While shares float is 317.34. The float short is currently 1.88%, and short ratio is 4.38.

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

Stephen Butters

Leave a Comment