How to Buy Simon Property Group Stock
Simon Property Group Inc
Simon Property Group is a retail REIT company located in Indiana, United States, which is part of the Real Estate sector, and is traded under the ticker SPG on the NYSE exchange.
Simon Property Group stock last closed at $142.36, down 0.26% from the previous day, and has increased 31.4% in one year. It has overperformed other stocks in the REIT - Retail industry by 0.25 percentage points. Simon Property Group stock is currently +42.12% from its 52-week low of $100.17, and -9.8% from its 52-week high of $157.82.
There are currently 325.9M SPG shares outstanding. The market capitalization of SPG is $46.39B. In the past 24 hours, 859,442 SPG shares were traded.
How to Buy Simon Property Group Stock
Not sure how to invest in Simon Property Group stock? Here's how.
- Decide where to buy Simon Property Group stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Simon Property Group stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your details.
- Evaluate Simon Property Group stock: The Simon Property Group ticker symbol is SPG. Is Simon Property Group stock a good investment? Should you buy shares of SPG? How do SPG's underlying business fundamentals look? Do top analysts think Simon Property Group is a good buy? Why has SPG's stock price moved recently? (Hint: Our stock research tools can help you figure out if SPG is a good stock to buy).
- Make your SPG purchase: Decide if you will purchase SPG shares at the current market price or use a limit order to buy SPG stock at a particular price.
- Get the latest scoop on your SPG investment: Create a watchlist to keep track of your new investment in Simon Property Group stock.
Step 1: Decide where to buy Simon Property Group stock
You will need an online brokerage account in order to access the NYSE market and buy SPG shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you can buy SPG today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the best stock broker app, you can securely and quickly fund your account:
Check out this video walkthrough for more details transferring funds into your investment account.
Step 4: Evaluate Simon Property Group stock
Once you have selected the best place to buy Simon Property Group stock, it's important to evaluate their stock before you buy, so you can comprehend the risk as well as the opportunity.
Simon Property Group stock quick numbers
SPG Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SPG's stock page.
Is SPG stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SPG's true value.
Using relative valuations methods:
- SPG may be undervalued based on its P/E ratio of 20.4x, relative to REIT - Retail industry P/E ratio of 34.54x
- SPG may be overvalued based on its P/B ratio of 15.35x, relative to REIT - Retail industry P/B ratio of 1.97x
- SPG may be undervalued based on its PEG ratio of 0.41x
You can do additional valuation analysis on SPG's stock here.
A quick look at SPG Financials
Signs that SPG is not financially healthy:
- Total SPG debt is higher than 5 years ago, relative to shareholder equity.
- SPG's operating cash flow of $3.93B allows it to safely service it's debt of $26.52B.
- SPG has a relatively high debt to equity ratio of 10.12.
- SPG earnings of $3.22B is not sufficient to cover its interest payments.
- SPG profit margin has gone down from 40.4% to 40.3% in the past year.
Do Wall Street analysts think it's a good time to buy SPG stock
Out of 6 Equities analysts who give ratings on SPG, the consensus analyst rating on SPG is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest SPG Analyst Upgrades/Downgrades
Simon Yarmak, a top 25% analyst from Stifel Nicolaus maintains SPG with a strong buy rating and lowers their SPG price target from $139.00 to $130.00, on Oct 31, 2023.
You can dig deeper into what analysts are forecasting on the Simon Property Group stock forecast page.
Metrics for Advanced SPG Traders
SPG Performance Numbers
Last year, SPG earnings were $2.28B. During the past five year, SPG's earnings have increased by -2.37% per year. This was slower than the REIT - Retail industry average of 1.87%.
Last year, SPG revenue was $5.66B. Over the last 5 year, SPG's revenue has grown by 0.05% per year. This was slower than the REIT - Retail industry average of 11.52%.
You can research SPG's earnings and revenue performance here.
Who is buying/selling SPG?
In the last year, insiders at SPG have sold more shares than they have bought.
Glyn Aeppel, Director of SPG, was the latest SPG insider to buy. They bought $27,908.39 worth of SPG shares on Apr 1, 2024.
Dig into more about who owns SPG stock here.
Can I get consistent income from SPG stock?
Simon Property Group pays a dividend of 5.34%, compared to the REIT - Retail industry's average dividend yield of 4.48%. If you owned $1,000 worth of SPG stock, you would have received $53.39 last year.
Simon Property Group dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Simon Property Group dividend yield and history here.
What others are saying about SPG
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your SPG purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you require more help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your SPG investment
Now that you own some SPG stock, you'll want to stay up-to-date on your company.
Make a watchlist to get notified of the latest news about your SPG stock.
SPG Feed
How to Buy Stock in Simon Property Group
To summarize, here are the 6 steps to buy stock in Simon Property Group:
- Decide where to buy Simon Property Group stock
- Open your brokerage account
- Fund your investment account
- Evaluate Simon Property Group stock
- Make your SPG purchase
- Get the latest scoop on your SPG investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Simon Property Group, click the button below.
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