Simon Property Group (SPG) Scheduled to Post Earnings on Wednesday
Simon Property Group (NYSE:SPG) is scheduled to post its Q214 quarterly earnings results on Wednesday, July 23rd. Analysts expect Simon Property Group to post earnings of $2.13 per share and revenue of $1.25 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Shares of Simon Property Group (NYSE:SPG) opened at 170.41 on Tuesday. Simon Property Group has a 52 week low of $134.026 and a 52 week high of $171.27. The stock’s 50-day moving average is $167.1 and its 200-day moving average is $157.4. The company has a market cap of $52.939 billion and a price-to-earnings ratio of 38.62.
A number of research firms have recently commented on SPG. Analysts at Barclays raised their price target on shares of Simon Property Group from $185.00 to $199.00 in a research note on Monday. They now have an “overweight” rating on the stock. On the ratings front, analysts at Jefferies Group cut their price target on shares of Simon Property Group from $200.00 to $190.00 in a research note on Wednesday, June 25th. Finally, analysts at Cowen and Company cut their price target on shares of Simon Property Group from $196.00 to $189.00 in a research note on Monday, June 9th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Simon Property Group has a consensus rating of “Buy” and a consensus price target of $186.21.
Simon Property Group, Inc(NYSE:SPG), is a self-administered and self-managed real estate investment trust (REIT).
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