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

Simon Property Group (NYSE:SPG) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 12.400-12.650 for the period, compared to the consensus estimate of 12.510. The company issued revenue guidance of -.

Simon Property Group Stock Down 0.1 %

NYSE:SPG traded down $0.11 during midday trading on Tuesday, hitting $173.30. 1,040,009 shares of the company were exchanged, compared to its average volume of 1,269,664. Simon Property Group has a fifty-two week low of $135.15 and a fifty-two week high of $186.00. The company has a market capitalization of $56.54 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 9.31 and a beta of 1.74. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 8.20. The company has a fifty day simple moving average of $175.95 and a 200 day simple moving average of $169.92.

Simon Property Group (NYSE:SPG) last posted its earnings results on Tuesday, February 4th. The real estate investment trust reported $3.68 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $1.70. Simon Property Group had a return on equity of 76.21% and a net margin of 43.36%. As a group, equities analysts anticipate that Simon Property Group will post 12.72 earnings per share for the current fiscal year.

Simon Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued a $2.10 dividend. This represents a $8.40 annualized dividend and a dividend yield of 4.85%. Simon Property Group’s payout ratio is currently 111.85%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on SPG shares. Jefferies Financial Group raised shares of Simon Property Group from a “hold” rating to a “buy” rating and lifted their target price for the company from $179.00 to $198.00 in a report on Thursday, January 2nd. Mizuho increased their target price on shares of Simon Property Group from $158.00 to $182.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 4th. StockNews.com cut Simon Property Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 10th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Simon Property Group in a research report on Tuesday, December 17th. They set a “hold” rating and a $195.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $172.10.

Insiders Place Their Bets

In related news, Director Reuben S. Leibowitz purchased 465 shares of the stock in a transaction dated Monday, December 30th. The shares were acquired at an average cost of $168.59 per share, with a total value of $78,394.35. Following the purchase, the director now directly owns 55,919 shares in the company, valued at $9,427,384.21. This trade represents a 0.84 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 8.60% of the stock is currently owned by insiders.

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.