Simon Property Group, Inc. (NYSE:SPG – Free Report) – Investment analysts at Zacks Research raised their Q1 2025 earnings estimates for Simon Property Group in a research report issued to clients and investors on Tuesday, February 25th. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $2.87 per share for the quarter, up from their prior estimate 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 analysts have also recently weighed in on SPG. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Simon Property Group in a report on Tuesday, December 17th. They issued a “hold” rating and a $195.00 price objective on the stock. Jefferies Financial Group raised shares of Simon Property Group from a “hold” rating to a “buy” rating and increased their price objective for the stock from $179.00 to $198.00 in a report on Thursday, January 2nd. Piper Sandler raised shares of Simon Property Group from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $175.00 to $205.00 in a report on Wednesday, February 5th. Mizuho increased their price objective on shares of Simon Property Group from $158.00 to $182.00 and gave the stock a “neutral” rating in a report on Wednesday, December 4th. Finally, StockNews.com raised shares of Simon Property Group from a “hold” rating to a “buy” rating in a report on Friday. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Simon Property Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $178.44.
Simon Property Group Stock Up 1.9 %
SPG stock opened at $186.13 on Thursday. 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 has a fifty-two week low of $139.25 and a fifty-two week high of $188.13. The firm’s 50-day simple moving average is $177.31 and its 200 day simple moving average is $173.62. The stock has a market cap of $60.73 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 10.10 and a beta of 1.74.
Simon Property Group (NYSE:SPG – Get Free Report) last issued its earnings results on Tuesday, February 4th. The real estate investment trust reported $3.68 earnings per share for the quarter, topping 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%.
Simon Property Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be paid a dividend of $2.10 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $8.40 annualized dividend and a yield of 4.51%. Simon Property Group’s payout ratio is 115.70%.
Insider Buying and Selling at Simon Property Group
In other Simon Property Group news, Director Reuben S. Leibowitz acquired 465 shares of Simon Property Group stock in a transaction dated Monday, December 30th. The stock was bought at an average price of $168.59 per share, for a total transaction of $78,394.35. Following the transaction, the director now owns 55,919 shares in the company, valued at approximately $9,427,384.21. This trade represents a 0.84 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.50% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Simon Property Group
Several large investors have recently made changes to their positions in SPG. Norges Bank bought a new position in shares of Simon Property Group during the 4th quarter valued at about $2,059,505,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Simon Property Group by 617.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,191,296 shares of the real estate investment trust’s stock valued at $539,393,000 after purchasing an additional 2,746,503 shares in the last quarter. Northern Trust Corp boosted its position in shares of Simon Property Group by 45.9% during the 4th quarter. Northern Trust Corp now owns 5,462,856 shares of the real estate investment trust’s stock valued at $940,758,000 after purchasing an additional 1,718,398 shares in the last quarter. Resolution Capital Ltd bought a new position in shares of Simon Property Group during the 4th quarter valued at about $212,592,000. Finally, Los Angeles Capital Management LLC boosted its position in shares of Simon Property Group by 373.6% during the 3rd quarter. Los Angeles Capital Management LLC now owns 1,259,648 shares of the real estate investment trust’s stock valued at $212,906,000 after purchasing an additional 993,694 shares in the last quarter. Institutional investors own 93.01% of the company’s stock.
About Simon Property Group
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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