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 increased, 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.
Cbre Clarion Lc has invested 7.37% in Simon Property Group, Inc. (NYSE:SPG). Royal Retail Bank Of Canada holds 0.11% or 1.49 million shares in its portfolio. Guggenheim Cap Limited holds 0.18% or 157,960 shares. Cibc Asset Management owns 96,636 shares or 0.11% of their US portfolio. Renaissance Grp Ltd holds 0.01% or 1,235 shares in its portfolio. Capital Research Global Investors accumulated 2.04M shares. First Midwest Bancorporation Tru Division accumulated 2,576 shares. Cleararc Cap Inc holds 51,438 shares or 1.19% of its portfolio. First Hawaiian State Bank owns 5,732 shares or 0.05% of their US portfolio. Bb&T Securities Ltd Com invested in 108,171 shares. Public Employees Retirement Systems Of Ohio has 0.48% invested in Simon Property Group, Inc. (NYSE:SPG) for 549,566 shares. Hightower Limited Liability has invested 0.12% in Simon Property Group, Inc. (NYSE:SPG). Ameriprise Fin holds 0.08% or 1.27 million shares. Lourd Limited Liability Co invested 0.06% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). Jump Trading Limited Liability Company owns 1,564 shares.

Since October 30, 2018, it had 0 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 13.14 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 1.17% or $2.03 during the last trading session, reaching $170.32. About 395,469 shares traded. Simon Property Group, Inc. (NYSE:SPG) has risen 14.83% since January 14, 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. As per Friday, October 5, the company rating was upgraded by JP Morgan. The company was maintained on Tuesday, July 31 by Citigroup. Bank of America maintained the stock with “Buy” rating in Monday, September 10 report. The firm earned “Outperform” rating on Monday, October 29 by Raymond James. On Tuesday, July 17 the stock rating was maintained by Barclays Capital with “Overweight”. Citigroup maintained Simon Property Group, Inc. (NYSE:SPG) rating on Tuesday, October 30. Citigroup has “Buy” rating and $200 target. Wells Fargo maintained the stock with “Outperform” rating in Tuesday, July 31 report.

Simon Property Group, Inc. is an equity real estate investment trust. The company has market cap of $60.73 billion. The firm invests in the real estate markets across the globe. It has a 23.01 P/E ratio. It engages in investment, ownership, management, and development of properties.

More notable recent Simon Property Group, Inc. (NYSE:SPG) news were published by: Benzinga.com which released: “Morgan Stanley: Taubman (NYSE:TCO) Could Be More Attractive M&A Candidate Than Macerich (NYSE:MAC) – Benzinga” on November 27, 2018, also Fool.com with their article: “Sears Is Closing More Stores — and This Mall Operator Is Happy About It – The Motley Fool” published on June 19, 2018, Fool.com published: “The 10 Largest REIT Stocks — Which Are the Best Buys Now? – Motley Fool” on June 21, 2018. More interesting news about Simon Property Group, Inc. (NYSE:SPG) were released by: Seekingalpha.com and their article: “Washington Prime Group Offers Favorable Risk-Reward – Seeking Alpha” published on August 27, 2018 as well as Seekingalpha.com‘s news article titled: “Simon Property Group: In Case REITs Roll Over – Seeking Alpha” with publication date: December 13, 2018.

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

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