Simon Property Group Inc vs T Rowe Price Group Inc — how do they compare? Simon Property Group Inc trades at $227 (market cap $74.00B), while T Rowe Price Group Inc trades at $115.59 (market cap $25.14B). The key difference: Simon Property Group Inc is far larger — about 2.9× T Rowe Price Group Inc's market cap, and T Rowe Price Group Inc pays the higher dividend (4.43%). Which is the better fit depends on your goals.
| SPG | TROW | |
|---|---|---|
Market Cap | $74.00B | $25.14B |
Sector | Real Estate | Financials |
52-Week High | $228.70 | $120.16 |
52-Week Low | $160.68 | $86.19 |
Enterprise Value | $102.48B | $21.85B |
Dividend Yield | 3.86% | 4.43% |
Trailing returns across standard periods
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 →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
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