Herbert Simon - Simon Property Chairman Emeritus

SPG Stock  USD 181.14  0.66  0.36%   

Chairman

Mr. Herbert Simon is Chairman Emeritus of the Board of Simon Property Group, Inc. since 2007. Chairman Emeritus of the Board of the Company since 2007. CoChairman of the Board of the Company or its predecessor from 1995 to 2007. Mr. Simon was Chief Executive Officer and a director of the Company predecessor from its incorporation in 1993 to 1995. He also serves on the Board of Governors for the National Basketball Association and as Chairman of the Board of MSA. He is the uncle of David Simon, Chairman and CEO of the Company. He is our cofounder and Chairman Emeritus. The retail real estate business that he and his brother, the late Melvin Simon, started decades ago established the foundation for all of our current operations and record of achievement since 2007.
Age 86
Tenure 17 years
Address 225 West Washington Street, Indianapolis, IN, United States, 46204-3438
Phone317 636 1600
Webhttps://www.simon.com
Simon leadership of the Indiana Pacers NBA basketball franchise has led to his service on the Board of Governors of the NBA.

Simon Property Management Efficiency

The company has Return on Asset of 0.0575 % which means that on every $100 spent on assets, it made $0.0575 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.8123 %, implying that it generated $0.8123 on every 100 dollars invested. Simon Property's management efficiency ratios could be used to measure how well Simon Property manages its routine affairs as well as how well it operates its assets and liabilities.
Simon Property Group has 26.52 B in debt with debt to equity (D/E) ratio of 6.23, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Simon Property Group has a current ratio of 0.37, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Simon to invest in growth at high rates of return.

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Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an SP 100 company . Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. Simon Property operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 2400 people. Simon Property Group (SPG) is traded on New York Stock Exchange in USA. It is located in 225 West Washington Street, Indianapolis, IN, United States, 46204-3438 and employs 2,500 people. Simon Property is listed under Retail REITs category by Fama And French industry classification.

Management Performance

Simon Property Group Leadership Team

Elected by the shareholders, the Simon Property's board of directors comprises two types of representatives: Simon Property inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Simon. The board's role is to monitor Simon Property's management team and ensure that shareholders' interests are well served. Simon Property's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Simon Property's outside directors are responsible for providing unbiased perspectives on the board's policies.
Reuben Leibowitz, Independent Director
Glyn Aeppel, Independent Director
Larry Glasscock, Lead Independent Director
Thomas Ward, Senior Relations
Victoria Hanor, Senior Leasing
Daniel Smith, Independent Director
David Simon, Chairman of the Board, President, Chief Executive Officer
Alexander Snyder, Assistant General Counsel, Assistant Secretary
Richard Sokolov, President, COO and Director
John Rulli, Senior Executive Vice President Chief Administrative Officer
Marta Stewart, Independent Director
Stefan Selig, Independent Director
Karen Horn, Independent Director
Allan Hubbard, Independent Director
Susan Massela, Senior Resources
Joseph Chiappetta, Senior Officer
Steven Broadwater, Chief Accounting Officer and Sr. VP
Gary Rodkin, Independent Director
J Smith, Independent Director
Adam Reuille, Senior Vice President Chief Accounting Officer
Ali Slocum, VP PR
Herbert Simon, Chairman Emeritus
Russell Tuttle, Senior Officer
W Cole, Senior Outlets
Peggy Roe, Independent Director
Stanley Shashoua, Chief Officer
Steven Fivel, Assistant General Counsel, Assistant Secretary
Brian McDade, Chief Financial Officer, Executive Vice President, Treasurer
Lee Sterling, Chief Officer

Simon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Simon Property a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simon Property. If investors know Simon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simon Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
7.9
Earnings Share
7.52
Revenue Per Share
18.125
Quarterly Revenue Growth
0.049
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simon Property's market value can be influenced by many factors that don't directly affect Simon Property's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.