Realty Income Corp vs Simon Property Group Inc — how do they compare? Realty Income Corp trades at $65.09 (market cap $60.60B), while Simon Property Group Inc trades at $227.7 (market cap $73.55B). The key difference: Simon Property Group Inc is the larger of the two by market cap, and Realty Income Corp pays the higher dividend (5%). Which is the better fit depends on your goals.
| O | SPG | |
|---|---|---|
Market Cap | $60.60B | $73.55B |
Sector | Real Estate | Real Estate |
52-Week High | $67.56 | $228.70 |
52-Week Low | $55.93 | $160.68 |
Enterprise Value | $90.40B | $102.03B |
Dividend Yield | 5% | 3.88% |
Trailing returns across standard periods
Latest headlines on both assets
Realty Income owns roughly 11,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.
Read more on O →Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →