Simon Ppty Group Inc New (NYSE:SPG)

CAPS Rating: 1 out of 5

A self-administered and self-managed real estate investment trust, engaged primarily in the ownership, development, and management of retail real estate, primarily regional malls, Premium Outlet® centers and community/lifestyle centers.


Player Avatar JackCaps (25.08) Submitted: 4/2/2010 6:15:40 PM : Underperform Start Price: $78.93 SPG Score: -70.90

SPG is currently priced at about 5X of book value and has a dividend payout ratio of 145%. Also, revenue and earnings growth have been nonexistent for the past few years. Thumbs down on this one.

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