Zacks Research Issues Optimistic Forecast for SPG Earnings

Simon Property Group, Inc. (NYSE:SPG - Free Report) - Research analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Simon Property Group in a research report issued on Thursday, April 10th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings per share of $2.90 for the quarter, up from their prior forecast of $2.87. 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 Q2 2025 earnings at $3.02 EPS, Q3 2025 earnings at $3.08 EPS, Q4 2025 earnings at $3.51 EPS, FY2025 earnings at $12.51 EPS, Q1 2026 earnings at $3.09 EPS, Q2 2026 earnings at $3.15 EPS, FY2026 earnings at $12.87 EPS, Q1 2027 earnings at $3.16 EPS and FY2027 earnings at $13.04 EPS.

Simon Property Group (NYSE:SPG - Get Free Report) last announced 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%.

A number of other brokerages have also weighed in on SPG. Scotiabank set a $186.00 target price on Simon Property Group in a research report on Friday, February 28th. Piper Sandler raised shares of Simon Property Group from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $175.00 to $205.00 in a research note on Wednesday, February 5th. StockNews.com downgraded shares of Simon Property Group from a "buy" rating to a "hold" rating in a research report on Saturday, March 29th. Jefferies Financial Group raised shares of Simon Property Group from a "hold" rating to a "buy" rating and upped their price target for the stock from $179.00 to $198.00 in a research report on Thursday, January 2nd. Finally, Stifel Nicolaus raised shares of Simon Property Group from a "hold" rating to a "buy" rating and set a $168.50 price objective on the stock in a report on Wednesday, April 9th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $181.39.

Simon Property Group Trading Up 1.5 %

Shares of NYSE SPG traded up $2.26 during trading hours on Monday, reaching $150.31. The stock had a trading volume of 1,267,314 shares, compared to its average volume of 1,503,931. Simon Property Group has a 52-week low of $136.34 and a 52-week high of $190.14. The firm has a market cap of $49.04 billion, a price-to-earnings ratio of 20.70, a P/E/G ratio of 10.10 and a beta of 1.45. The business's fifty day moving average price is $166.96 and its two-hundred day moving average price is $172.57. The company has a current ratio of 1.28, a quick ratio of 2.00 and a debt-to-equity ratio of 7.19.

Hedge Funds Weigh In On Simon Property Group

A number of large investors have recently made changes to their positions in SPG. Pitcairn Co. grew its stake in Simon Property Group by 0.6% during the 4th quarter. Pitcairn Co. now owns 9,895 shares of the real estate investment trust's stock worth $1,704,000 after buying an additional 55 shares during the last quarter. Colonial Trust Co SC grew its stake in shares of Simon Property Group by 37.5% during the fourth quarter. Colonial Trust Co SC now owns 209 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 57 shares during the last quarter. Childress Capital Advisors LLC increased its holdings in shares of Simon Property Group by 3.6% during the fourth quarter. Childress Capital Advisors LLC now owns 1,689 shares of the real estate investment trust's stock valued at $291,000 after acquiring an additional 58 shares in the last quarter. Global X Japan Co. Ltd. raised its position in shares of Simon Property Group by 9.9% in the 4th quarter. Global X Japan Co. Ltd. now owns 655 shares of the real estate investment trust's stock valued at $113,000 after purchasing an additional 59 shares during the last quarter. Finally, HighPoint Advisor Group LLC boosted its stake in Simon Property Group by 1.8% in the 4th quarter. HighPoint Advisor Group LLC now owns 3,396 shares of the real estate investment trust's stock worth $626,000 after purchasing an additional 60 shares in the last quarter. 93.01% of the stock is owned by institutional investors and hedge funds.

Simon Property Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 10th were paid a $2.10 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 annualized dividend and a yield of 5.59%. Simon Property Group's dividend payout ratio (DPR) is 115.70%.

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.