Simon Property Group announced that more than half of its outlets will be open by next week. The mall operator also said that it will continue paying out dividends to shareholders.
The coronavirus crisis compelled Simon to close more than 200 of its properties .The company reported a -20% decline in quarterly earnings, and withdrew its full-year profit guidance.
But as of now, around 77 have been re-opened in states that have eased lockdown restrictions, and a least half will be up-and-running by next week - the company said.
CEO David Simon said that the Board will announce a second quarter dividend before the end of June and that dividend will be paid in cash. "We expect to pay out at least 100% of our taxable income in 2020 in cash", said Simon.
SPG saw its Momentum Indicator move above the 0 level on June 26, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 99 similar instances where the indicator turned positive. In of the 99 cases, the stock moved higher in the following days. The odds of a move higher are at .
The Moving Average Convergence Divergence (MACD) for SPG just turned positive on June 26, 2025. Looking at past instances where SPG's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPG advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for SPG moved out of overbought territory on July 07, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 73 cases where SPG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SPG broke above its upper Bollinger Band on July 01, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SPG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: SPG's P/B Ratio (16.779) is very high in comparison to the industry average of (1.997). P/E Ratio (21.989) is within average values for comparable stocks, (63.028). Projected Growth (PEG Ratio) (8.059) is also within normal values, averaging (6.654). Dividend Yield (0.049) settles around the average of (0.070) among similar stocks. P/S Ratio (8.865) is also within normal values, averaging (7.058).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a real estate investment trust
Industry RealEstateInvestmentTrusts