HighGravityData

Simon Property Group — Feb 4, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-009105
Open on SEC.gov ↗
Showing in the filing
Estimated net income attributable to common stockholders per diluted share
“$6.95” – “$7.20”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 29
Quarterly common stock dividend for Q1 FY2025
“$2.10”
Quarterly dividend on 8 3/8% Series J Cumula… for FY2025
“$1.046875 per share”
Quarterly dividend on 8 3/8% Series J Cumula…
“$1.046875 per share”
Estimated net income attributable to common … for FY2025
“$6.95” – “$7.20”
Estimated net income per diluted share for FY2025
“$6.95 to $7.20”
Estimated Real Estate FFO and FFO per dilute… for FY2025
“$12.40 to $12.65”
Estimated Real Estate FFO and Estimated FFO … for FY2025
“$12.40” – “$12.65”
Malls - Redevelopments: Our Share of Net Inv… for the long term
“$1,004,036”
Malls - Redevelopments: Forecasted Investment for FY2025
“$535,803”
Malls - Redevelopments: Forecasted Total Inv… for FY2024
“$807,958”
Premium Outlets - New Developments: Our Shar… for the long term
“$184,626”
Premium Outlets - New Developments: Forecast… for FY2025
“$37,134”
Premium Outlets - New Developments: Forecast… for FY2024
“$117,383”
Premium Outlets - Redevelopments: Our Share … for the long term
“$57,924”
Premium Outlets - Redevelopments: Expected S… for the long term
“10%”
Premium Outlets - Redevelopments: Forecasted… for FY2025
“$4,004”
Premium Outlets - Redevelopments: Forecasted… for FY2024
“$40,504”
The Mills - Redevelopments: Our Share of Net… for the long term
“$37,867”
The Mills - Redevelopments: Expected Stabili… for the long term
“15%”
The Mills - Redevelopments: Forecasted Inves… for FY2025
“$32,915”
The Mills - Redevelopments: Forecasted Total… for FY2024
“$37,365”
Total Investment: Our Share of Net Investment for the long term
“$1,284,453”
Total Investment: Forecasted Investment for FY2025
“$609,856”
Total Investment: Forecasted Total Investment for FY2024
“$1,003,210”
Total Net Cash Investment for the long term
“$1,078,416”
Total Net Cash Investment: Forecasted for FY2025
“$552,117”
Total Net Cash Investment: Forecasted Total for FY2024
“$858,804”
Malls - Redevelopments: Expected Stabilized … for the long term
“8%”
Premium Outlets - New Developments: Expected… for the long term
“8%”
Exhibit 99.1 · the passage around this item
… earlier in the release
  ​   4Q 2024 SUPPLEMENTAL ​ ​ ​ ​ 3   ​ TABLE OF CONTENTS   EARNINGS RELEASE 2025 Guidance The Company currently estimates net income to be within a range of  $6.95 to $7.20 per diluted share and Real Estate FFO and FFO to be within a range of $12.40 to $12.65 per diluted share for the year ending December 31, 2025. The following table provides the GAAP to non-GAAP reconciliation for the expected range of estimated net income attributable to common stockholders per diluted share to estimated Real Estate FFO and FFO per diluted share: For the year ending December 31, 2025 ​ ​ ​ ​ Low End ​ ​ High End ​ ​ Estimated net income attributable to common stockholders per diluted share ​ ​ ​ $ 6.95 ​ ​ ​ ​ $ 7.20 ​ ​ ​ Depreciation and amortization including Simon’s share of unconsolidated entities ​ ​ ​ ​ 5.45 ​ ​ ​ ​ ​ 5.45 ​ ​ ​ Estimated Real Estate FFO and Estimated FFO per diluted share ​ ​ ​ $ 12.40 ​ ​ ​ ​ $ 12.65 ​ ​ The Company is not providing guidance for Other Platform Investments. Conference Call Simon will hold a conference call to discuss the quarterly financial results today from 5:00 p.m. to 6:00 p.m. Eastern Time, Tuesday, February 4, 2025. A live webcast of the con
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.