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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.67 million shares were traded. SPG stock price reached its highest trading level at $166.0 during the session, while it also had its lowest trading level at $162.86.
Ratios:
For a deeper understanding of Simon Property Group, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.03. In the meantime, Its Debt-to-Equity ratio is 8.43 whereas as Long-Term Debt/Eq ratio is at 7.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 05, 2025, Upgraded its rating to Overweight and sets its target price to $205 from $175 previously.
On January 02, 2025, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $179 to $198.
On December 17, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $195.Deutsche Bank initiated its Hold rating on December 17, 2024, with a $195 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 30 ’24 when STEWART MARTA R bought 177 shares for $168.59 per share. The transaction valued at 29,840 led to the insider holds 14,464 shares of the business.
Smith Daniel C. bought 334 shares of SPG for $56,309 on Dec 30 ’24. The Director now owns 30,113 shares after completing the transaction at $168.59 per share. On Dec 30 ’24, another insider, SELIG STEFAN M, who serves as the Director of the company, bought 187 shares for $168.59 each. As a result, the insider paid 31,526 and bolstered with 30,260 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPG now has a Market Capitalization of 62135865344 and an Enterprise Value of 77853376512. As of this moment, Simon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.84, and their Forward P/E ratio for the next fiscal year is 24.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.42 while its Price-to-Book (P/B) ratio in mrq is 18.53. Its current Enterprise Value per Revenue stands at 13.054 whereas that against EBITDA is 17.6.
Stock Price History:
The Beta on a monthly basis for SPG is 1.48, which has changed by 0.05769849 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, SPG has reached a high of $190.13, while it has fallen to a 52-week low of $139.22. The 50-Day Moving Average of the stock is -6.52%, while the 200-Day Moving Average is calculated to be -1.71%.
Shares Statistics:
For the past three months, SPG has traded an average of 1.50M shares per day and 1957160 over the past ten days. A total of 326.27M shares are outstanding, with a floating share count of 323.50M. Insiders hold about 0.85% of the company’s shares, while institutions hold 91.14% stake in the company. Shares short for SPG as of 1740700800 were 4198184 with a Short Ratio of 2.80, compared to 1738281600 on 5094056. Therefore, it implies a Short% of Shares Outstanding of 4198184 and a Short% of Float of 1.95.
Dividends & Splits
According to the company, the forward annual dividend rate for SPG is 8.25, from 8.1 in the trailing year. Against a Trailing Annual Dividend Yield of 0.049150486The stock’s 5-year Average Dividend Yield is 6.16. The current Payout Ratio is 107.34% for SPG, which recently paid a dividend on 2025-03-10 with an ex-dividend date of 1741564800. Stock splits for the company last occurred on 2014-05-29 when the company split stock in a 1063:1000 ratio.
