Simon Property Group, Inc. (NYSE: SPG) started the day on Wednesday, with a price decrease of -0.59% at $173.82, before settling in for the price of $174.85 at the close. Taking a more long-term approach, SPG posted a 52-week range of $104.05-$177.08.
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The company of the Real Estate sector’s yearbook sales growth during the past 5- year span was recorded 0.64%. Meanwhile, its Annual Earning per share during the time was 0.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -0.78%. This publicly-traded company’s shares outstanding now amounts to $325.91 million, simultaneously with a float of $323.17 million. The organization now has a market capitalization sitting at $56.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $166.86, while the 200-day Moving Average is $152.83.
Simon Property Group, Inc. (SPG) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Retail Industry. Simon Property Group, Inc.’s current insider ownership accounts for 0.88%, in contrast to 88.81% institutional ownership. According to the most recent insider trade that took place on Sep 30 ’24, this organization’s Director bought 370 shares at the rate of 167.30, making the entire transaction reach 61,901 in total value, affecting insider ownership by 34,301. Preceding that transaction, on Sep 30 ’24, Company’s Director bought 172 for 167.30, making the whole transaction’s value amount to 28,776. This particular insider is now the holder of 14,287 in total.
Simon Property Group, Inc. (SPG) Earnings and Revenue Records
Simon Property Group, Inc.’s EPS decrease for this current 12-month fiscal period is -0.78% and is forecasted to reach 6.26 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.61% through the next 5 years, which can be compared against the 0.03% growth it accomplished over the previous five years trading on the market.
Simon Property Group, Inc. (NYSE: SPG) Trading Performance Indicators
Let’s observe the current performance indicators for Simon Property Group, Inc. (SPG). The Stock has managed to achieve an average true range (ATR) of 2.93. Alongside those numbers, its PE Ratio stands at $22.01, and its Beta score is 1.77. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.71. Similarly, its price to free cash flow for trailing twelve months is now 15.94.
In the same vein, SPG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.90, a figure that is expected to reach 1.47 in the next quarter, and analysts are predicting that it will be 6.26 at the market close of one year from today.
Technical Analysis of Simon Property Group, Inc. (SPG)
If we take a close look at the recent performances of Simon Property Group, Inc. (NYSE: SPG), its last 5-days Average volume was 1.0 million that shows plunge from its year to date volume of 1.46 million. During the previous 9 days, stock’s Stochastic %D was recorded 70.62% While, its Average True Range was 2.88.
Raw Stochastic average of Simon Property Group, Inc. (SPG) in the period of the previous 100 days is set at 89.87%, which indicates a major rise in contrast to 70.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.30% that was lower than 22.09% volatility it exhibited in the past 100-days period.
