EPS for Simon Property Group, Inc. (SPG) Expected At $3.24

Simon Property Group, Inc. (NYSE:SPG) Logo
Investors sentiment increased to 1.04 in 2018 Q3. Its up 0.02, from 1.02 in 2018Q2. It improved, as 29 investors sold Simon Property Group, Inc. shares while 218 reduced holdings. 75 funds opened positions while 181 raised stakes. 284.88 million shares or 1.89% less from 290.37 million shares in 2018Q2 were reported.
British Columbia stated it has 99,667 shares. Raymond James Finance Ser Inc reported 22,437 shares. Raymond James Tru Na holds 0.06% or 5,719 shares. Price T Rowe Associate Inc Md reported 0.08% in Simon Property Group, Inc. (NYSE:SPG). Paloma Ptnrs Mngmt Communication invested in 0.07% or 20,270 shares. Lombard Odier Asset Mgmt (Europe) reported 3,268 shares stake. Utah Retirement has 0.25% invested in Simon Property Group, Inc. (NYSE:SPG) for 74,020 shares. Prudential Plc invested in 406,618 shares. Moreover, Bailard Inc has 0.02% invested in Simon Property Group, Inc. (NYSE:SPG). Moreover, Peapack Gladstone Fincl has 0.01% invested in Simon Property Group, Inc. (NYSE:SPG). Canada Pension Plan Board invested in 114,036 shares. 5,198 are owned by Lourd Capital Ltd Limited Liability Company. Ar Asset Mngmt has 1.02% invested in Simon Property Group, Inc. (NYSE:SPG) for 15,700 shares. Great West Life Assurance Com Can, Manitoba – Canada-based fund reported 646,978 shares. Whitnell & accumulated 3,325 shares.

Since October 30, 2018, it had 0 insider buys, and 1 sale for $1.12 million activity.

Analysts expect Simon Property Group, Inc. (NYSE:SPG) to report $3.24 EPS on January, 30.They anticipate $0.12 EPS change or 3.85 % from last quarter’s $3.12 EPS. SPG’s profit would be $1.16B giving it 13.21 P/E if the $3.24 EPS is correct. After having $3.05 EPS previously, Simon Property Group, Inc.’s analysts see 6.23 % EPS growth. The stock decreased 1.22% or $2.12 during the last trading session, reaching $171.23. About 763,769 shares traded. Simon Property Group, Inc. (NYSE:SPG) has risen 14.83% since January 11, 2018 and is uptrending. It has outperformed by 14.83% the S&P500.

Simon Property Group, Inc. (NYSE:SPG) Ratings Coverage

Among 8 analysts covering Simon Property Group (NYSE:SPG), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Simon Property Group had 9 analyst reports since July 17, 2018 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Overweight” on Friday, October 5. The firm has “Outperform” rating by Raymond James given on Monday, October 29. The company was maintained on Tuesday, October 30 by Citigroup. Wells Fargo maintained Simon Property Group, Inc. (NYSE:SPG) rating on Tuesday, July 31. Wells Fargo has “Outperform” rating and $183 target. The stock has “Buy” rating by Bank of America on Monday, September 10. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, July 17. The firm has “Buy” rating given on Tuesday, July 31 by Citigroup.

Simon Property Group, Inc. is an equity real estate investment trust. The company has market cap of $61.05 billion. The firm invests in the real estate markets across the globe. It has a 23.14 P/E ratio. It engages in investment, ownership, management, and development of properties.

Simon Property Group, Inc. (NYSE:SPG) Institutional Positions Chart

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