Simon Property Group (SPG) Projected to Post Earnings on Monday

Simon Property Group (NYSE:SPG) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 12th. Analysts expect Simon Property Group to post earnings of $2.90 per share and revenue of $1.34 billion for the quarter.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $3.68 EPS for the quarter, beating the consensus estimate of $1.98 by $1.70. Simon Property Group had a net margin of 41.49% and a return on equity of 74.02%. On average, analysts expect Simon Property Group to post $13 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Simon Property Group Stock Up 0.2 %

NYSE:SPG opened at $163.26 on Friday. The firm has a market capitalization of $53.27 billion, a P/E ratio of 22.49, a PEG ratio of 10.10 and a beta of 1.43. The company’s fifty day moving average price is $158.81 and its 200-day moving average price is $171.17. Simon Property Group has a 1-year low of $136.34 and a 1-year high of $190.14. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.28 and a quick ratio of 2.00.

Institutional Investors Weigh In On Simon Property Group

A hedge fund recently bought a new stake in Simon Property Group stock. Brighton Jones LLC purchased a new position in Simon Property Group, Inc. (NYSE:SPG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,713 shares of the real estate investment trust’s stock, valued at approximately $295,000. Institutional investors and hedge funds own 93.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SPG shares. Scotiabank reduced their price objective on Simon Property Group from $186.00 to $159.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 23rd. Piper Sandler upgraded Simon Property Group from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $175.00 to $205.00 in a research report on Wednesday, February 5th. Stifel Nicolaus upgraded Simon Property Group from a “hold” rating to a “buy” rating and set a $168.50 price objective on the stock in a research report on Wednesday, April 9th. Finally, StockNews.com lowered shares of Simon Property Group from a “buy” rating to a “hold” rating in a report on Saturday, March 29th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $178.39.

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.