The price-to-earnings ratio for Simon Property Group, Inc (NYSE: SPG) is above average at 22.66x. The 36-month beta value for SPG is also noteworthy at 1.78. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 13 rating it as “hold,” and 0 rating it as “sell.”
The public float for SPG is 323.51M, and at present, short sellers hold a 1.61% of that float. The average trading volume of SPG on January 03, 2025 was 1.35M shares.
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SPG) stock’s latest price update
Simon Property Group, Inc (NYSE: SPG) has seen a rise in its stock price by 0.77 in relation to its previous close of 172.21. However, the company has experienced a 0.10% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-26 that REITs have strongly recovered. As a result, some have become overvalued. I highlight 3 REITs to sell before 2025.
SPG’s Market Performance
Simon Property Group, Inc (SPG) has seen a 0.10% rise in stock performance for the week, with a -4.32% decline in the past month and a 2.96% surge in the past quarter. The volatility ratio for the week is 1.52%, and the volatility levels for the past 30 days are at 1.92% for SPG. The simple moving average for the past 20 days is -1.50% for SPG’s stock, with a 8.29% simple moving average for the past 200 days.
Analysts’ Opinion of SPG
Deutsche Bank, on the other hand, stated in their research note that they expect to see SPG reach a price target of $195. The rating they have provided for SPG stocks is “Hold” according to the report published on December 17th, 2024.
Evercore ISI gave a rating of “Outperform” to SPG, setting the target price at $172 in the report published on September 16th of the previous year.
SPG Trading at -1.85% from the 50-Day Moving Average
After a stumble in the market that brought SPG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.70% of loss for the given period.
Volatility was left at 1.92%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares sank -3.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.39% lower at present.
During the last 5 trading sessions, SPG rose by +0.10%, which changed the moving average for the period of 200-days by +14.20% in comparison to the 20-day moving average, which settled at $176.17. In addition, Simon Property Group, Inc saw 0.77% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SPG starting from STEWART MARTA R, who purchase 177 shares at the price of $168.59 back on Dec 30 ’24. After this action, STEWART MARTA R now owns 14,464 shares of Simon Property Group, Inc, valued at $29,840 using the latest closing price.
Smith Daniel C., the Director of Simon Property Group, Inc, purchase 334 shares at $168.59 during a trade that took place back on Dec 30 ’24, which means that Smith Daniel C. is holding 30,113 shares at $56,309 based on the most recent closing price.
Stock Fundamentals for SPG
Current profitability levels for the company are sitting at:
- 0.52 for the present operating margin
- 0.73 for the gross margin
The net margin for Simon Property Group, Inc stands at 0.42. The total capital return value is set at 0.1. Equity return is now at value 87.52, with 7.49 for asset returns.
Based on Simon Property Group, Inc (SPG), the company’s capital structure generated 0.9 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 9.37. The interest coverage ratio of the stock is 3.37.
Currently, EBITDA for the company is 4.07 billion with net debt to EBITDA at 4.99. When we switch over and look at the enterprise to sales, we see a ratio of 13.52. The receivables turnover for the company is 7.7for trailing twelve months and the total asset turnover is 0.18.
Conclusion
In summary, Simon Property Group, Inc (SPG) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
