Simon Property Group, Inc.: How Leading Wall Street Experts See Things

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Simon Property Group, Inc. kicked off the trading day on 08/14/19 with a price decrease of -2.09%, equivalent to -$3.24 relative change for the day. Taking a more long-term approach, SPG had a 52-week range of $150.80 to $191.49. At the time of this article’s publishing, this stock is trading at $152.12 after starting the trading session at $153.95. Moving on, the stock has demonstrated a 52-week change amounting to -7.37, alongside an S&P500 52-Week Change of -13.13. At the time of writing, this stock’s 50-day Moving Average stands at $160.43, while the 200-day Moving Average of this stock is currently $173.74.

Currently, this company’s share volume is sitting at $2,985,569, but has maintained average daily volume of $1.52M. This stock has generated an average Year to Date volume of $1.45 million, alongside an average 20-day volume of $1.72 million. This publicly-traded company’s shares outstanding now amounts to $320.86 million, simultaneously with a float of $319.86 million. The organization now has a market capitalization sitting at $48.81 billion.

Simon Property Group, Inc.(SPG) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Simon Property Group, Inc.’s current insider ownership accounts for 0.10%, in contrast to 94.80% institutional ownership. According to the most recent latest insider trade that took place on May 16 this organization’s Pres Malls/Chief Admin Offcr sold 9,160 at the rate of 176.17, making the entire transaction hit 1,613,717 in total value, affecting insider ownership by 29,646. Preceding that transaction, on Oct 30 Company’s Pres Malls/Chief Admin Offcr sold 6,000 at a price of 186.52, making the whole transaction’s value amount to 1,119,120. This particular insider is now the holder of 38,806 in total.

If we take a glance at the Ownership summary of Simon Property Group, Inc.’s stock, 867 Institutional holders make up 95.11% of its total stock ownership. All together, they are the legal holders of 292,942,439 shares, which are valued at about $45,511,537,323 in total. If we focus on the top 3 stockholders for this publicly-traded organization, VANGUARD GROUP INC owns 41.03 million shares, with BLACKROCK INC. in 2nd place owning 31.05 million shares and STATE STREET CORP in third place with total ownership of 20.88 million shares.

Simon Property Group, Inc. (SPG) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Mar-19, the organization reported $3.04 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $3.04) by $0.00.

The corporation racked up revenue of $1,460.74million for the previous financial quarter, compared to the mean analyst estimate of $1,460.03 million. This company achieved a net margin of 40.49 while generating a return on equity of 71.46. Simon Property Group, Inc.’s full-quarter revenue increased by 3.79%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.06 per share during the current fiscal year.

Simon Property Group, Inc.’s EPS increase for this current 12-month fiscal period is 26.10%, and is forecasted to reach 2.37% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 8.60% through the next 5 years, which can be compared against the 16.60% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

The company has managed to achieve an average true range (ATR) of 3.01. Alongside those, its PE Ratio stands at $20.33, and its Beta score is 0.54.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.53 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 93.90. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 14.83, whereas its price to cash per share for the last quarter landed at 1.36.

In the same vein, SPG’s Diluted EPS (Earnings per Share) trailing twelve month was posted at 7.48, a figure that is expected to reach 1.70 in the next reported quarter, and analysts expect it will be 2.37% at the market close of one year from today’s date.