Simon Property Group Inc (SPG): Today's Featured Real Estate Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Simon Property Group ( SPG) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole was unchanged today. By the end of trading, Simon Property Group rose $1.89 (1.3%) to $151.06 on average volume. Throughout the day, 1,306,747 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1,293,300 shares. The stock ranged in a price between $147.60-$151.73 after having opened the day at $147.71 as compared to the previous trading day's close of $149.17. Other companies within the Real Estate industry that increased today were: Gramercy Property ( GKK), up 10.6%, Gramercy Property ( GPT), up 10.6%, China Housing & Land Development ( CHLN), up 6.1% and American Realty Investors ( ARL), up 5.8%.

Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. Simon Property Group has a market cap of $46.5 billion and is part of the financial sector. Shares are down 5.1% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Vestin Realty Mortgage I ( VRTA), down 9.0%, CKX Lands ( CKX), down 8.2%, Doral Financial ( DRL), down 6.2% and Institutional Financial Markets ( IFMI), down 5.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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