Richard Sokolov - Simon Property President, COO and Director

SPG Stock  USD 142.36  0.37  0.26%   

President

Mr. Richard S. Sokolov is Vice Chairman of the Board of Simon Property Group, Inc., effective February 15, 2019. Mr. Sokolov Vice Chairman of the Company since February 2019 and a director of the Company or its predecessor since 1996. President and Chief Operating Officer of the Company or its predecessor from 1996 to February 2019. President and Chief Executive Officer of DeBartolo Realty Corporation from its incorporation in 1994 until it merged with our predecessors in 1996. Mr. Sokolov joined its predecessor, The Edward J. DeBartolo Corporationrationration, in 1982 as Vice President and General Counsel and was named Senior Vice President, Development and General Counsel in 1986. In the past five years, he previously served as a director of Washington Prime Group. Mr. Sokolov has served as our Vice Chairman since February 2019 and a director of the Company or its predecessor since 1996. He served as President and Chief Operating Officer of the Company or its predecessor from 1996, immediately following our acquisition of DeBartolo Realty Corporationrationration, to February 2019. Mr. Sokolov had served as Chief Executive Officer and President of DeBartolo Realty Corporation and Senior Vice President Development and General Counsel of its predecessor operations for a number of years. Mr. Sokolov is a past Chairman of the International Council of Shopping Centers and previously served as a trustee and a member of the ICSC Nominating Committee. since 2019.
Age 71
Tenure 5 years
Address 225 West Washington Street, Indianapolis, IN, United States, 46204-3438
Phone317 636 1600
Webhttps://www.simon.com
Sokolov joined its predecessor, The Edward J. DeBartolo Corporationrationrationration, in 1982 as Vice President and General Counsel and was named Senior Vice President, Development and General Counsel in 1986.

Richard Sokolov Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Sokolov against Simon Property stock is an integral part of due diligence when investing in Simon Property. Richard Sokolov insider activity provides valuable insight into whether Simon Property is net buyers or sellers over its current business cycle. Note, Simon Property insiders must abide by specific rules, including filing SEC forms every time they buy or sell Simon Property'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Simon Property Management Efficiency

The company has Return on Asset of 0.0521 % which means that on every $100 spent on assets, it made $0.0521 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.6968 %, implying that it generated $0.6968 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. The current Return On Tangible Assets is estimated to decrease to 0.00. The current Return On Capital Employed is estimated to decrease to 0.06. At this time, Simon Property's Fixed Asset Turnover is most likely to slightly grow in the upcoming years. The Simon Property's current Asset Turnover is estimated to increase to 0.18, while Non Current Assets Total are projected to decrease to roughly 23.1 B.
The company 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. Debt can assist Simon Property until it has trouble settling it off, either with new capital or with free cash flow. So, Simon Property's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Simon Property Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Simon to invest in growth at high rates of return. When we think about Simon Property's use of debt, we should always consider it together with cash and equity.

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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 Diversified 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
Melvyn Bergstein, Independent Director
Glyn Aeppel, Independent Director
Stephen Sterrett, CFO and Sr. Executive VP
James Barkley, General Counsel and Secretary
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
Andrew Juster, CFO and Executive VP
Ali Slocum, VP PR
Herbert Simon, Chairman Emeritus
Russell Tuttle, Senior Officer
David Contis, Sr. Executive VP and President of Simon Malls
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
Albert Smith, Independent Director

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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
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When running Simon Property's price analysis, check to measure Simon Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simon Property is operating at the current time. Most of Simon Property's value examination focuses on studying past and present price action to predict the probability of Simon Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simon Property's price. Additionally, you may evaluate how the addition of Simon Property to your portfolios can decrease your overall portfolio volatility.
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Is Simon Property's industry 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
0.113
Dividend Share
7.45
Earnings Share
6.98
Revenue Per Share
17.316
Quarterly Revenue Growth
0.091
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.