Simon Property Group Inc (NYSE:SPG) is a component of the 180 company Equity Real Estate Investment Trusts (REITs) GICS industry group, which is a segment of the 221 company GICS Real Estate sector. SPG's market value is $50.4 billion which places it in the top 10% of its industry group. The ranking for SPG by Portfolio Grader places it 130 among the 180 companies in this industry group, giving it a lower than average position; in the third quartile of the sector with a ranking of 161 among the 221 companies in the sector, and number 2,923 in the nearly 5,000 company Portfolio Grader universe.
Portfolio Grader currently ranks SPG as a Hold. The approach to investing incorporated in this tool, developed by Louis Navellier, assesses and ranks approximately 5,000 stocks each week from a fundamental and quantitative perspective. SPG has been upgraded from a Sell to a Hold in the last week.
Currently, Portfolio Grader ranks the Real Estate sector number 4 among the 12 sectors in its universe putting it in the second quartile of all the GICS sectors. The Equity Real Estate Investment Trusts (REITs) industry group is ranked 21 among the 69 industry groups within the GICS sectors, placing it near the average in terms of the Navellier scoring system.
Simon Property Group has received above-average scores in 3 of the 8 fundamental metrics used by Portfolio Grader and average or below-average scores in 5 of the areas evaluated in the ranking of company stocks.
SPG's operational scores provide mixed results with rankings for operating margin and earnings growth that are above average, while the score for sales growth is below average. Scores for visibility of earnings are worse than the industry norms for earnings revisions, earnings surprises, and earnings momentum. SPG's ranking for return on equity is significantly better than its industry group average but its grade for cash flow is below-average. Simon Property Group's fundamental scores give SPG a place in the top quartile of the industry group.
Quantitatively, Portfolio Grader uses the Navellier Proprietary Quantitative Score to gauge SPG's shares from the angle of risk/reward. This unique scoring approach weighs the relative value of SPG's shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Using this risk/reward calculation, the company currently scores below-average in its industry group compared to its peers.
Louis Navellier's proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results, with A being 'strong buy' and F being 'strong sell'. Explore the tool here.
Commentary provided by UpTick Data Technologies.
