On Tuesday, Simon Property Group, Inc (NYSE: SPG) was 0.20% up from the session before settling in for the closing price of $180.85. A 52-week range for SPG has been $119.92 – $182.84.
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Real Estate Sector giant saw their annual sales surged by 0.64% over the last five years. When this article was written, the company’s average yearly earnings per share was at -0.53%. With a float of $323.51 million, this company’s outstanding shares have now reached $325.91 million.
The firm has a total of 3000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.06%, operating margin of 51.59%, and the pretax margin is 46.78%.
Simon Property Group, Inc (SPG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Simon Property Group, Inc stocks. The insider ownership of Simon Property Group, Inc is 0.85%, while institutional ownership is 90.68%. The most recent insider transaction that took place on Sep 30 ’24, was worth 61,901. In this transaction Director of this company bought 370 shares at a rate of $167.30, taking the stock ownership to the 34,301 shares. Before that another transaction happened on Sep 30 ’24, when Company’s Director bought 172 for $167.30, making the entire transaction worth $28,776. This insider now owns 14,287 shares in total.
Simon Property Group, Inc (SPG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -0.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.57% during the next five years compared to 0.03% growth over the previous five years of trading.
Simon Property Group, Inc (NYSE: SPG) Trading Performance Indicators
You can see what Simon Property Group, Inc (SPG) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.52. Likewise, its price to free cash flow for the trailing twelve months is 19.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.66, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 6.25 in one year’s time.
Technical Analysis of Simon Property Group, Inc (SPG)
Analysing the last 5-days average volume posted by the [Simon Property Group, Inc, SPG], we can find that recorded value of 1.16 million was lower than the volume posted last year of 1.44 million. As of the previous 9 days, the stock’s Stochastic %D was 81.01%. Additionally, its Average True Range was 3.37.
During the past 100 days, Simon Property Group, Inc’s (SPG) raw stochastic average was set at 95.64%, which indicates a significant increase from 90.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.75% in the past 14 days, which was lower than the 22.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $171.49, while its 200-day Moving Average is $156.02. Now, the first resistance to watch is $182.25. This is followed by the second major resistance level at $183.30. The third major resistance level sits at $184.86. If the price goes on to break the first support level at $179.64, it is likely to go to the next support level at $178.08. Should the price break the second support level, the third support level stands at $177.03.
Simon Property Group, Inc (NYSE: SPG) Key Stats
There are 326,278K outstanding shares of the company, which has a market capitalization of 68.04 billion. As of now, sales total 5,659 M while income totals 2,283 M. Its latest quarter income was 1,481 M while its last quarter net income were 476,000 K.
