Zacks Research Issues Positive Estimate for SPG Earnings

Simon Property Group, Inc. (NYSE:SPG) – Research analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for shares of Simon Property Group in a note issued to investors on Thursday, April 10th. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $2.90 per share for the quarter, up from their previous 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) last posted its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $3.68 earnings per share for the quarter, beating the consensus estimate of $1.98 by $1.70. Simon Property Group had a return on equity of 74.02% and a net margin of 41.49%.

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

Simon Property Group Price Performance

Shares of Simon Property Group stock opened at $149.89 on Monday. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.28 and a quick ratio of 2.00. The company has a market cap of $48.91 billion, a PE ratio of 20.65, a price-to-earnings-growth ratio of 10.10 and a beta of 1.45. The firm has a fifty day moving average price of $169.49 and a two-hundred day moving average price of $173.17. Simon Property Group has a fifty-two week low of $136.34 and a fifty-two week high of $190.14.

Institutional Trading of Simon Property Group

Several hedge funds have recently modified their holdings of the company. Norges Bank bought a new stake in Simon Property Group during the 4th quarter worth approximately $2,059,505,000. Northern Trust Corp grew its holdings in shares of Simon Property Group by 45.9% during the fourth quarter. Northern Trust Corp now owns 5,462,856 shares of the real estate investment trust’s stock worth $940,758,000 after purchasing an additional 1,718,398 shares during the last quarter. Resolution Capital Ltd acquired a new stake in shares of Simon Property Group in the fourth quarter valued at $212,592,000. GAMMA Investing LLC raised its holdings in shares of Simon Property Group by 16,346.0% in the first quarter. GAMMA Investing LLC now owns 876,736 shares of the real estate investment trust’s stock valued at $145,608,000 after buying an additional 871,405 shares during the last quarter. Finally, Capital World Investors bought a new stake in Simon Property Group during the 4th quarter worth about $119,777,000. Institutional investors and hedge funds own 93.01% of the company’s stock.

Simon Property Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 10th were given a $2.10 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a yield of 5.60%. Simon Property Group’s dividend payout ratio (DPR) is presently 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.