From MarketWatch:

Simon Property (SPG) closed at $140.65, up 0.28% from the previous trading day. SPG exceeded the S&P 500 and Dow, which registered gains of 0.18% and 0.07%, respectively. The technology-centric Nasdaq increased by 0.1%. In the past month, SPG gained 6.78%, while the Finance sector gained 4.37%.

Investors are closely monitoring the performance of Simon Property in its upcoming earnings report. The company is expected to report EPS of $3.34, a 6.03% increase from the prior-year quarter. Revenue is expected to be $1.47 billion, a 4.78% escalation year-over-year. The company presently features a Zacks Rank of #3 (Hold).

The REIT and Equity Trust – Retail industry currently has a Zacks Industry Rank of 56, putting it in the top 23% of industries. The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Simon Property is currently trading at a Forward P/E ratio of 11.53, indicating a discount relative to its industry’s Forward P/E of 13.19.

SPG is currently trading at a PEG ratio of 6.74, while the REIT and Equity Trust – Retail industry was holding an average PEG ratio of 3.21 at yesterday’s closing price. These and other stock-moving metrics can be tracked at Zacks.com in the upcoming trading sessions.

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Read more: Why Simon Property (SPG) Outpaced the Stock Market Today