Simon Property Group, Inc. (NYSE:SPG – Free Report) – Equities research analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for Simon Property Group in a report issued on Tuesday, February 25th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $2.87 for the quarter, up from their previous forecast of $2.86. The consensus estimate for Simon Property Group’s current full-year earnings is $12.54 per share. Zacks Research also issued estimates for Simon Property Group’s Q4 2025 earnings at $3.50 EPS, Q3 2026 earnings at $3.13 EPS, Q4 2026 earnings at $3.42 EPS and FY2027 earnings at $12.98 EPS.
A number of other research firms have also commented on SPG. Piper Sandler raised Simon Property Group from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $175.00 to $205.00 in a report on Wednesday, February 5th. Mizuho raised their price target on shares of Simon Property Group from $158.00 to $182.00 and gave the company a “neutral” rating in a report on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of Simon Property Group in a report on Tuesday, December 17th. They set a “hold” rating and a $195.00 price objective for the company. Finally, Jefferies Financial Group upgraded shares of Simon Property Group from a “hold” rating to a “buy” rating and raised their target price for the stock from $179.00 to $198.00 in a report on Thursday, January 2nd. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Simon Property Group presently has an average rating of “Hold” and a consensus target price of $178.44.
Simon Property Group Trading Up 0.1 %
NYSE:SPG opened at $183.99 on Thursday. Simon Property Group has a 52 week low of $139.25 and a 52 week high of $188.13. The stock has a market cap of $60.03 billion, a price-to-earnings ratio of 25.34, a PEG ratio of 10.10 and a beta of 1.74. The company’s 50 day moving average price is $176.75 and its 200-day moving average price is $173.32. The company has a quick ratio of 2.00, a current ratio of 1.28 and a debt-to-equity ratio of 7.19.
Simon Property Group (NYSE:SPG – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $3.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $1.70. Simon Property Group had a net margin of 41.49% and a return on equity of 74.02%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Hopwood Financial Services Inc. bought a new stake in Simon Property Group during the 4th quarter worth approximately $28,000. WR Wealth Planners LLC boosted its position in shares of Simon Property Group by 328.2% in the fourth quarter. WR Wealth Planners LLC now owns 167 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 128 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Simon Property Group in the third quarter worth $30,000. New England Capital Financial Advisors LLC bought a new stake in shares of Simon Property Group during the 4th quarter valued at $30,000. Finally, Caisse Des Depots ET Consignations purchased a new position in shares of Simon Property Group during the 4th quarter valued at $31,000. Institutional investors own 93.01% of the company’s stock.
Insider Transactions at Simon Property Group
In related news, Director Reuben S. Leibowitz bought 465 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average cost of $168.59 per share, for a total transaction of $78,394.35. Following the completion of the transaction, the director now owns 55,919 shares of the company’s stock, valued at approximately $9,427,384.21. This trade represents a 0.84 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 8.50% of the company’s stock.
Simon Property Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be issued a dividend of $2.10 per share. The ex-dividend date is Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a yield of 4.57%. Simon Property Group’s dividend payout ratio is currently 115.70%.
Simon Property Group Company Profile
Simon Property Group, Inc (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc, the Operating Partnership, and its subsidiaries.
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