Simon Property Group (SPG) Expected to Announce Earnings on Monday

Simon Property Group (NYSE:SPG - Get Free Report) is projected to release its Q1 2025 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 has set its FY 2025 guidance at 12.400-12.650 EPS.

Simon Property Group (NYSE:SPG - Get Free Report) last posted its earnings results on Tuesday, February 4th. The real estate investment trust reported $3.68 EPS 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%. 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 Price Performance

NYSE SPG opened at $161.77 on Monday. The firm's fifty day simple moving average is $161.11 and its two-hundred day simple moving average is $171.58. The firm has a market capitalization of $52.78 billion, a P/E ratio of 22.28, a P/E/G ratio of 10.10 and a beta of 1.43. The company has a current ratio of 1.28, a quick ratio of 2.00 and a debt-to-equity ratio of 7.19. Simon Property Group has a 12-month low of $136.34 and a 12-month high of $190.14.

Simon Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were paid a dividend of $2.10 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 annualized dividend and a yield of 5.19%. Simon Property Group's dividend payout ratio (DPR) is 115.70%.

Wall Street Analyst Weigh In

SPG has been the subject of several recent analyst reports. StockNews.com downgraded Simon Property Group from a "buy" rating to a "hold" rating in a report 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 target price on the stock in a research report on Wednesday, April 9th. Piper Sandler raised shares of Simon Property Group from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $175.00 to $205.00 in a report on Wednesday, February 5th. Finally, Scotiabank dropped their price objective on shares of Simon Property Group from $186.00 to $159.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 23rd. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $178.39.

Institutional Trading of Simon Property Group

An institutional investor recently bought a new position in Simon Property Group stock. Brighton Jones LLC acquired a new position in Simon Property Group, Inc. (NYSE:SPG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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.

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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