Simon Property Group, Inc. (NYSE:SPG) Releases FY17 Earnings Guidance

Marco Green
November 14, 2017

(SPG) performance during the last one year degraded -12.21 percent, while its year to date (YTD) performance showed a negative trend of -9.77 percent. The company had a trading volume of 1,118,870 shares.

Shares of Simon Property Group, Inc. The stock rose 0.34% or $0.55 reaching $164.3 per share. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares. Simon Property Group had a return on equity of 36.22% and a net margin of 35.37%.

Ironwood Pharmaceuticals, Inc.is a biotechnology company.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $56,896 activity. Hedge funds and other institutional investors own 95.24% of the company's stock. Quick and current ratio is valued at 1 and 1 respectively. Rampart Invest Mgmt Co Ltd Llc, Massachusetts-based fund reported 3,701 shares.

Among 25 analysts covering Concho Resources Inc. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company's stock. Simon Property Group has a 12-month low of $150.15 and a 12-month high of $189.25. IRWD was included in 4 notes of analysts from September 27, 2016. The firm earned "Buy" rating on Tuesday, June 20 by Goldman Sachs. (NASDAQ:IRWD) earned "Neutral" rating by Wedbush on Monday, October 24. The stock of Concho Resources Inc (NYSE:CXO) has "Buy" rating given on Tuesday, October 10 by Jefferies.

Southwest Airlines Co. has a beta of 0.6, offering the possibility of a higher rate of return, but also posing more risk.

Analysts await Ironwood Pharmaceuticals, Inc.

Analysts await Markel Corporation (NYSE:MKL) to report earnings on February, 14. They expect $-0.22 earnings per share, down 83.33% or $0.10 from last year's $-0.12 per share. The 1 year EPS growth rate is -0.20%.

About 144,275 shares traded. It is down 0.00% since November 13, 2016 and is. It has outperformed by 40.70% the S&P500. Arrowstreet Cap Lp reported 17,400 shares stake. Simon Property Group's dividend payout ratio is 126.98%. Therefore 72% are positive. Simon Property Group, L.P. Zacks upgraded it to "Hold" rating and $198 target in Wednesday, August 26 report. The firm has "Hold" rating given on Friday, July 14 by Stifel Nicolaus. Simon Property Group updated its FY17 guidance to $11.17-11.22 EPS. Finally, Boenning Scattergood set a $240.00 price objective on shares of Simon Property Group and gave the company a "buy" rating in a report on Wednesday, August 2nd. The stock of Simon Property Group Inc (NYSE:SPG) has "Hold" rating given on Friday, October 27 by SunTrust. Finally, Royal Bank Of Canada reissued a hold rating and set a $176.00 price objective on shares of Simon Property Group in a research note on Thursday, November 2nd. Stifel Nicolaus maintained the shares of SPG in report on Wednesday, October 28 with "Buy" rating.

Investors sentiment is 0.76 in 2017 Q2. Its the same as in 2017Q1.

Several other large investors have also added to or reduced their stakes in SPG. 298.66 million shares or 0.53% less from 300.27 million shares in 2017Q1 were reported. American National Ins Tx owns 13,172 shares. Aviva Public Ltd owns 808,351 shares or 0.73% of their USA portfolio. Highland Ltd Liability Corp has 0.04% invested in Simon Property Group Inc (NYSE:SPG). State Of Wisconsin Invest Board holds 0.21% or 393,897 shares in its portfolio.

The P/E of CME Group Inc.is now valued at 31.29 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes. First Personal Financial Services holds 580 shares. Ftb Advsrs reported 815 shares stake. The percentage of shares being held by the company management was 0.69% while institutional stake was 97.7%. Marshall Wace Llp accumulated 4,348 shares. Profund, Maryland-based fund reported 19,657 shares. (NYSE:SPG) is expected to pay $1.85 on Nov 30, 2017. Revenue during the quarter was $5.27 billion, representing 3% growth from $5.14 billion in year-ago quarter. SPG's profit will be $1.00B for 12.80 P/E if the $3.13 EPS becomes a reality. More interesting news about Simon Property Group Inc (NYSE:SPG) were released by: Nasdaq.com and their article: "Ex-Dividend Reminder: Summit Hotel Properties, Simon Property Group and ..." published on November 13, 2017 as well as Investorplace.com's news article titled: "Shrinking Earnings Momentum Keeps Simon Property Group (SPG) a Sell" with publication date: November 01, 2017.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER