Simon Property Group (SPG) has had significant activity recently, drawing attention from investors and analysts. They have made the headlines for selling $1.0 billion of Senior Notes and securing a $3.5 billion revolving credit facility. The company also underwent several key developments such as launching the ShopSimon service and a luxury lifestyle mixed-use development at Fashion Valley. They demonstrated strong performance, hitting a 52-week high on strong trading days, while the group's shares were bought by TTP Investments Inc. and Gary Rodkin while being held by Norges Bank, Diversified Trust Co and SG Americas Securities LLC. Simon's Q2 2024 earnings call took place, reporting mixed results that included an EPS miss, but revenue beat. Their dividends have grown and their 2024 outlook has been raised. However, the stock's performance has been a mixture of underperforming and outperforming the market. Additionally, Simon Property Group has been on the receiving end of both upgrades and downgrades from different market analysts.
Simon Property Group SPG News Analytics from Tue, 09 Jan 2024 08:00:00 GMT to Fri, 18 Oct 2024 21:50:00 GMT -
Rating 5
- Innovation 1
- Information 8
- Rumor -3
