Simon Property Group Reports Third Quarter 2021 Results; Increases Full Year 2021 Guidance And Raises Quarterly Dividend

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Go back to Simon Property Group Reports Third Quarter 2021 Results; Increases Full Year 2021 Guidance And Raises Quarterly Dividend

Simon Property Group (SPG) PT Raised to $175 at BofA Securities

November 3, 2021 8:45 AM EDT

BofA Securities analyst Craig Schmidt raised the price target on Simon Property Group (NYSE: SPG) to $175.00 (from $165.00) while maintaining a Buy rating.

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Simon Property Group (SPG) Reports Q3 FFO of $3.13

November 1, 2021 4:18 PM EDT

Simon Property Group (NYSE: SPG) reported Q3 FFO of $3.13, versus $2.05 reported last year. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.16 billion.

GUIDANCE:

Simon Property Group sees FY2021 FFO of $11.55-$11.65.

For earnings history and earnings-related data on Simon Property Group (SPG) click here.

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