Simon Property Group (NYSE:SPG) Issues FY 2025 Earnings Guidance

Simon Property Group (NYSE:SPG) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 12.400-12.650 for the period, compared to the consensus EPS estimate of 12.560. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research firms have commented on SPG. Scotiabank reduced their price objective on shares of 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. StockNews.com lowered shares of Simon Property Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 29th. Stifel Nicolaus raised shares of Simon Property Group from a “hold” rating to a “buy” rating and set a $168.50 price target for the company in a research report on Wednesday, April 9th. Finally, Piper Sandler raised shares of Simon Property Group from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $175.00 to $205.00 in a research report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.39.

Simon Property Group Stock Performance

SPG traded up $8.62 during trading on Monday, reaching $171.81. 2,801,083 shares of the company’s stock were exchanged, compared to its average volume of 1,515,347. The company has a market capitalization of $56.06 billion, a P/E ratio of 23.67, a PEG ratio of 10.10 and a beta of 1.43. The business has a 50 day moving average price of $158.81 and a 200 day moving average price of $171.14. Simon Property Group has a fifty-two week low of $136.34 and a fifty-two week high of $190.14. 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) last released its quarterly earnings results on Monday, May 12th. The real estate investment trust reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. Simon Property Group had a return on equity of 74.02% and a net margin of 41.49%. As a group, analysts predict that Simon Property Group will post 12.54 earnings per share for the current fiscal year.

Institutional Trading of Simon Property Group

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

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.