A new trading day began on Tuesday, with Simon Property Group, Inc (NYSE: SPG) stock price up 0.23% from the previous day of trading, before settling in for the closing price of $166.08. SPG’s price has ranged from $139.22 to $190.13 over the past 52 weeks.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 1.65%. Meanwhile, its annual earnings per share averaged -11.97%. With a float of $323.46 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Retail Industry. The insider ownership of Simon Property Group, Inc is 0.86%, while institutional ownership is 91.11%. 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
According to the Wall Street analysts, stocks earnings will be around -11.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.58% 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
Here are Simon Property Group, Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.52. Likewise, its price to free cash flow for the trailing twelve months is 18.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.55, a number that is poised to hit 1.39 in the next quarter and is forecasted to reach 6.76 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 1.7 million, which is a jump from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 59.07%. Additionally, its Average True Range was 4.19.
During the past 100 days, Simon Property Group, Inc’s (SPG) raw stochastic average was set at 25.85%, which indicates a significant decrease from 72.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.50% in the past 14 days, which was higher than the 22.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $174.90, while its 200-day Moving Average is $168.27. However, in the short run, Simon Property Group, Inc’s stock first resistance to watch stands at $168.09. Second resistance stands at $169.70. The third major resistance level sits at $171.91. If the price goes on to break the first support level at $164.27, it is likely to go to the next support level at $162.06. Should the price break the second support level, the third support level stands at $160.45.
Simon Property Group, Inc (NYSE: SPG) Key Stats
With a market capitalization of 62.76 billion, the company has a total of 326,278K Shares Outstanding. Currently, annual sales are 5,964 M while annual income is 2,371 M. The company’s previous quarter sales were 1,582 M while its latest quarter income was 668,070 K.
