Is Simon Property Group Inc. (SPG) Stock Cheap Or Risky?


As of Friday close, Simon Property Group Inc.’s (NYSE:SPG) stock was down -$4.89, moving down -4.48 percent to $104.31. The average number of shares traded per day over the past five days has been 2,646,560 shares. 2 times new highs have been achieved over the past 5 days, with a -$7.19 fall in that time frame. In the last twenty days, the average volume was 1,718,970, while in the previous 50 days, it was 1,624,960.

Since last month, SPG stock retreated -16.90%. Shares of the company fell to $104.23 on 03/17/23, the lowest level in the past month. A 52-week high of $138.65 was reached on 02/02/23 after having rallying from a 52-week low of $86.02. Since the beginning of this year, SPG’s stock price has dropped by -11.21% or -$13.17, and marked a new high 6 times. However, the stock has declined by -24.77% since its 52-week high.

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SPG stock investors should be aware that Simon Property Group Inc. (SPG) stock had its last reported insider trading activity 78 days ago on Dec 30. SMITH J ALBERT JR, the Director of the company, purchased of 639 shares for $116.42 on Dec 30. It resulted in a $74,392 investment by the insider. HORN KAREN N added 510 shares at an average price of $116.42 on Dec 30. The insider now owns 33,528 shares following the transaction. On Dec 30, Director LEIBOWITZ REUBEN S bought 468 shares at $116.42 apiece. The transaction was valued at $54,485.

Valuation Metrics

Right now, Simon Property Group Inc. (SPG) has a P/E ratio of about 16.00. The stock’s beta is 1.56. Besides these, the trailing price-to-sales (P/S) ratio of 6.78, the price-to-book (PB) ratio of 11.01, and the price-to-cash flow ratio of 42.08 may also be considered.

The latest dividend of $1.80 per share was paid out, remained unchanged from last year’s $1.80. On Tuesday November 1 2022, a $0.05 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 8.06, and the total debt-to-equity ratio was 8.06. On the profitability front, the trailing twelve-month gross margin is 81.10% percent. In the year ended December 30, operating margins totaled 48.80%. Based on annual data, SPG earned $2.58 billion in gross profit and brought in $5.29 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.20%. Return on equity (ROE) for the past 12 months was 69.40%.

In Simon Property Group Inc.’s quarter-end financial report for December 30, it reported total debt of $24.64 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SPG’s revenue rose 1.46% to $1.28 billion during the quarter, while net income inched up to $1.32 billion. While analysts expected Simon Property Group Inc. to report $1.7 quarterly earnings, the actual figure was $2.06 per share, beating the consensus estimate by 21.20%. During the quarter, the company generated $1.02 billion in EBITDA. The value of shareholders’ equity is $326.93 million.

Technical Picture

This quick technical analysis looks at Simon Property Group Inc.’s (SPG) price momentum. With a historical volatility rate of 31.91%, the RSI 9-day stood at 15.50% on 17 March.

With respect to its five-day moving average, the current Simon Property Group Inc. price is down by -6.45% percent or -$7.19. At present, SPG shares trade -16.12% below its 20-day simple moving average and +3.24% percent above its 100-day simple moving average. However, the stock is currently trading approximately -13.91% below its SMA50 and -9.02% below its SMA200.

Stochastic coefficient K was 9.79% and Stochastic coefficient D was 14.51%, while ATR was 3.84. Given the Stochastic reading of 0.38% for the 14-day period, the RSI (14) reading has been calculated as 21.83%. As of today, the MACD Oscillator reading stands at -5.42, while the 14-day reading stands at -8.88.

Analyst Ratings

Wolfe Research launched its rating on Simon Property Group Inc. (NYSE: SPG) to a Peer perform in a note to investors on October 18, 2022. Simon Property Group Inc. (SPG) has been rated Overweight by analysts. According to 0 brokerage firms, SPG is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Simon Property Group Inc. stock as buy, with 8 recommending it as overweight.

With a median target price of $131.00, the current consensus forecast for the stock is $111.00 – $160.00. Based on these forecasts, analysts predict Simon Property Group Inc. (SPG) will achieve an average price target of $131.00.


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