Q1 2025 EPS Estimates for Simon Property Group, Inc. (NYSE:SPG) Cut by Analyst

Simon Property Group, Inc. (NYSE:SPG) – Research analysts at Zacks Research cut their Q1 2025 earnings estimates for shares of Simon Property Group in a note issued to investors on Monday, August 26th. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $2.85 per share for the quarter, down from their prior estimate of $2.89. The consensus estimate for Simon Property Group’s current full-year earnings is $12.85 per share. Zacks Research also issued estimates for Simon Property Group’s Q3 2025 earnings at $3.07 EPS, Q1 2026 earnings at $3.03 EPS, Q2 2026 earnings at $3.07 EPS and FY2026 earnings at $12.71 EPS.

Simon Property Group (NYSE:SPG) last released its earnings results on Monday, August 5th. The real estate investment trust reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.93 by ($1.42). Simon Property Group had a net margin of 45.90% and a return on equity of 78.14%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the company earned $2.88 earnings per share. The business’s revenue was up 4.8% on a year-over-year basis.

SPG has been the subject of several other research reports. Truist Financial lifted their price objective on Simon Property Group from $147.00 to $158.00 and gave the stock a “hold” rating in a report on Wednesday. Mizuho boosted their price target on shares of Simon Property Group from $155.00 to $158.00 and gave the company a “neutral” rating in a research report on Monday, August 19th. StockNews.com upgraded shares of Simon Property Group from a “hold” rating to a “buy” rating in a research note on Friday, August 16th. Argus lifted their price objective on shares of Simon Property Group from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, June 11th. Finally, Scotiabank increased their target price on Simon Property Group from $152.00 to $169.00 and gave the stock a “sector perform” rating in a research report on Monday, August 26th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $160.94.

Simon Property Group Stock Up 1.1 %

Simon Property Group stock opened at $167.40 on Thursday. The firm has a 50 day moving average price of $153.90 and a 200-day moving average price of $150.35. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 7.53. Simon Property Group has a twelve month low of $102.11 and a twelve month high of $169.18. The company has a market capitalization of $54.56 billion, a P/E ratio of 21.32, a P/E/G ratio of 9.17 and a beta of 1.75.

Institutional Investors Weigh In On Simon Property Group

Several hedge funds have recently added to or reduced their stakes in the company. Choreo LLC purchased a new position in shares of Simon Property Group in the fourth quarter worth about $216,000. Van ECK Associates Corp increased its position in shares of Simon Property Group by 14.4% in the fourth quarter. Van ECK Associates Corp now owns 134,346 shares of the real estate investment trust’s stock valued at $19,163,000 after acquiring an additional 16,897 shares during the period. Kestra Private Wealth Services LLC bought a new position in shares of Simon Property Group during the fourth quarter valued at about $368,000. Hexagon Capital Partners LLC boosted its holdings in shares of Simon Property Group by 40.9% during the fourth quarter. Hexagon Capital Partners LLC now owns 665 shares of the real estate investment trust’s stock worth $95,000 after purchasing an additional 193 shares during the period. Finally, New York Life Investment Management LLC grew its stake in shares of Simon Property Group by 0.4% in the fourth quarter. New York Life Investment Management LLC now owns 50,819 shares of the real estate investment trust’s stock worth $7,249,000 after purchasing an additional 185 shares during the last quarter. Institutional investors own 93.01% of the company’s stock.

Insider Buying and Selling

In other Simon Property Group news, Director Reuben S. Leibowitz purchased 486 shares of the company’s stock in a transaction dated Friday, June 28th. The stock was purchased at an average price of $150.17 per share, for a total transaction of $72,982.62. Following the transaction, the director now owns 55,001 shares in the company, valued at approximately $8,259,500.17. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 8.50% of the stock is currently owned by company insiders.

Simon Property Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 9th will be issued a $2.05 dividend. The ex-dividend date is Monday, September 9th. This represents a $8.20 annualized dividend and a dividend yield of 4.90%. This is a boost from Simon Property Group’s previous quarterly dividend of $2.00. Simon Property Group’s dividend payout ratio is presently 104.46%.

About Simon Property Group

Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.