Simon Property Group, Inc (NYSE: SPG) kicked off on Tuesday, down -1.10% from the previous trading day, before settling in for the closing price of $165.29. Over the past 52 weeks, SPG has traded in a range of $139.22-$190.13.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 1.65%. While this was happening, its average annual earnings per share was recorded -11.03%. With a float of $323.51 million, this company’s outstanding shares have now reached $326.27 million.
Let’s determine the extent of company efficiency that accounts for 3000 employees. In terms of profitability, gross margin is 73.07%, operating margin of 51.86%, and the pretax margin is 45.83%.
Simon Property Group, Inc (SPG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the REIT – Retail Industry. The insider ownership of Simon Property Group, Inc is 0.85%, while institutional ownership is 91.22%. The most recent insider transaction that took place on Dec 30 ’24, was worth 29,840. In this transaction Director of this company bought 177 shares at a rate of $168.59, taking the stock ownership to the 14,464 shares. Before that another transaction happened on Dec 30 ’24, when Company’s Director bought 334 for $168.59, making the entire transaction worth $56,309. This insider now owns 30,113 shares in total.
Simon Property Group, Inc (SPG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.49% during the next five years compared to 2.13% growth over the previous five years of trading.
Simon Property Group, Inc (NYSE: SPG) Trading Performance Indicators
Take a look at Simon Property Group, Inc’s (SPG) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.34. Likewise, its price to free cash flow for the trailing twelve months is 17.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.55, a number that is poised to hit 1.41 in the next quarter and is forecasted to reach 6.84 in one year’s time.
Technical Analysis of Simon Property Group, Inc (SPG)
Looking closely at Simon Property Group, Inc (NYSE: SPG), its last 5-days average volume was 2.07 million, which is a jump from its year-to-date volume of 1.45 million. As of the previous 9 days, the stock’s Stochastic %D was 7.48%. Additionally, its Average True Range was 4.35.
During the past 100 days, Simon Property Group, Inc’s (SPG) raw stochastic average was set at 10.68%, which indicates a significant increase from 10.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.27% in the past 14 days, which was higher than the 21.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $177.41, while its 200-day Moving Average is $167.17. However, in the short run, Simon Property Group, Inc’s stock first resistance to watch stands at $166.20. Second resistance stands at $168.93. The third major resistance level sits at $171.88. If the price goes on to break the first support level at $160.52, it is likely to go to the next support level at $157.57. Should the price break the second support level, the third support level stands at $154.85.
Simon Property Group, Inc (NYSE: SPG) Key Stats
The company with the Market Capitalisation of 61.64 billion has total of 326,278K Shares Outstanding. Its annual sales at the moment are 5,964 M in contrast with the sum of 2,371 M annual income. Company’s last quarter sales were recorded 1,582 M and last quarter income was 668,070 K.
