After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Simon® Announces Date For Its First Quarter 2024 Earnings Release And Conference Call.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
SPG belongs to the Real Estate sector of the NYSE while operating in the REIT – Retail industry. At the end of the last regular session, the stock closed at $146.86 and fluctuated between $148.20 as its day high and $144.65 as its day low. The current market capitalization of Simon Property Group, Inc. is $47.86B. A total of 1.33 million shares were traded on the day, compared to an average of 1.57M shares.
In the most recent transaction, LEIBOWITZ REUBEN S bought 438 shares of SPG for 154.19 per share on Apr 01 ’24. After the transaction, the Director now owns 53,116 company shares. In a previous transaction on Apr 01 ’24, HUBBARD ALLAN B bought 357 shares at 154.19 per share. SPG shares that Director owns now total 32,222.
Among the insiders who bought shares, GLASSCOCK LARRY C acquired of 321 shares on Apr 01 ’24 at a per-share price of $154.19. This resulted in the Director holding 38,541 shares of SPG after the transaction. In another insider transaction, Smith Daniel C. bought 310 shares at $154.19 per share on Apr 01 ’24. Company shares held by the Director now total 27,829.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Simon Property Group, Inc. pays an annual dividend of $7.60, resulting in a dividend yield of 5.17%, and it has a price to earnings (P/E) ratio of 21.13. SPG’s most recent ex-dividend date was 3/7/2024 when it declared a $1.95 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/7/2023. The SPG stock dividend was $1.90 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SPG has a high of $157.82 and a low of $100.17.
As of this writing, SPG has an earnings estimate of $1.38 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $1.55 per share and a lower estimate of $1.21. The company reported an EPS of $1.82 in the last quarter, which was 17.40% higher than expectations of $1.55.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SPG’s latest balance sheet shows that the firm has $533.94M in Cash & Short Term Investments as of fiscal 2021. There were $25.83B in debt and $3.51B in liabilities at the time. Its Book Value Per Share was $9.15, while its Total Shareholder’s Equity was $4.40B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SPG is Buy with a score of 3.82.
