Zacks Research Has Positive Forecast for SPG Q1 Earnings

Simon Property Group, Inc. (NYSE:SPG) – Analysts at Zacks Research increased their Q1 2025 earnings per share estimates for shares of Simon Property Group in a note issued to investors on Tuesday, February 25th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $2.87 per share for the quarter, up from their prior forecast of $2.86. The consensus estimate for Simon Property Group’s current full-year earnings is $12.54 per share. Zacks Research also issued estimates for Simon Property Group’s Q4 2025 earnings at $3.50 EPS, Q3 2026 earnings at $3.13 EPS, Q4 2026 earnings at $3.42 EPS and FY2027 earnings at $12.98 EPS.

Simon Property Group (NYSE:SPG) last posted its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $3.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $1.70. Simon Property Group had a return on equity of 74.02% and a net margin of 41.49%.

A number of other equities analysts have also recently commented on the stock. Jefferies Financial Group raised shares of Simon Property Group from a “hold” rating to a “buy” rating and boosted their price target for the stock from $179.00 to $198.00 in a research note on Thursday, January 2nd. Piper Sandler upgraded shares of Simon Property Group from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $175.00 to $205.00 in a research report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft assumed coverage on Simon Property Group in a research note on Tuesday, December 17th. They issued a “hold” rating and a $195.00 target price on the stock. Finally, Mizuho lifted their price target on Simon Property Group from $158.00 to $182.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 4th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Simon Property Group currently has an average rating of “Hold” and a consensus price target of $178.44.

Simon Property Group Stock Up 0.1 %

SPG stock opened at $183.99 on Thursday. The company’s 50 day moving average is $176.75 and its 200 day moving average is $173.32. The stock has a market cap of $60.03 billion, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 10.10 and a beta of 1.74. The company has a current ratio of 1.28, a quick ratio of 2.00 and a debt-to-equity ratio of 7.19. Simon Property Group has a 1-year low of $139.25 and a 1-year high of $188.13.

Simon Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a dividend of $2.10 per share. The ex-dividend date is Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 4.57%. Simon Property Group’s dividend payout ratio is presently 115.70%.

Insider Buying and Selling

In other news, Director Reuben S. Leibowitz bought 465 shares of Simon Property Group stock in a transaction on Monday, December 30th. The shares were purchased at an average price of $168.59 per share, for a total transaction of $78,394.35. Following the acquisition, the director now owns 55,919 shares of the company’s stock, valued at approximately $9,427,384.21. The trade was a 0.84 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Simon Property Group

Hedge funds have recently made changes to their positions in the company. Yoffe Investment Management LLC bought a new position in Simon Property Group in the fourth quarter worth $583,000. Ascent Group LLC grew its position in shares of Simon Property Group by 17.3% in the 4th quarter. Ascent Group LLC now owns 2,677 shares of the real estate investment trust’s stock worth $461,000 after buying an additional 395 shares during the period. AlphaCore Capital LLC bought a new position in shares of Simon Property Group in the 4th quarter worth about $522,000. Michels Family Financial LLC purchased a new position in Simon Property Group during the 4th quarter valued at about $764,000. Finally, Toronto Dominion Bank boosted its stake in Simon Property Group by 7.0% during the fourth quarter. Toronto Dominion Bank now owns 166,671 shares of the real estate investment trust’s stock worth $28,702,000 after acquiring an additional 10,966 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors.

About Simon Property Group

Simon Property Group, Inc (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc, the Operating Partnership, and its subsidiaries.