Simon Property Group (NYSE:SPG) Issues FY 2026 Earnings Guidance

by · The Markets Daily

Simon Property Group (NYSE:SPG – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 13.300-13.400 for the period, compared to the consensus EPS estimate of 13.240.

Analysts Set New Price Targets

SPG has been the subject of a number of recent analyst reports. Piper Sandler cut their target price on Simon Property Group from $285.00 to $254.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. LADENBURG THALM/SH SH raised their price target on Simon Property Group from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Scotiabank dropped their price target on Simon Property Group from $222.00 to $221.00 and set a “sector perform” rating for the company in a research note on Thursday, September 17th. The Goldman Sachs Group decreased their price objective on shares of Simon Property Group from $242.00 to $228.00 in a research note on Wednesday, October 7th. Finally, Truist Financial initiated coverage on shares of Simon Property Group in a research note on Friday, October 2nd. They set a “hold” rating and a $215.00 target price on the stock. Nine investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, Simon Property Group has an average rating of “Hold” and a consensus target price of $228.67.

Read Our Latest Report on Simon Property Group

Simon Property Group Stock Performance

NYSE SPG opened at $227.00 on Friday. The company has a market capitalization of $73.45 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 3.52 and a beta of 1.27. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.19. Simon Property Group has a twelve month low of $177.88 and a twelve month high of $238.50. The stock has a fifty day simple moving average of $207.69 and a 200 day simple moving average of $206.54.

Simon Property Group (NYSE:SPG – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $1.68. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.63 billion. Simon Property Group had a return on equity of 89.32% and a net margin of 66.56%. The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $3.22 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.300-13.400 EPS. Sell-side analysts expect that Simon Property Group will post 13.24 EPS for the current year.

Simon Property Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 10th will be given a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a yield of 4.1%. This is an increase from Simon Property Group’s previous quarterly dividend of $2.25. The ex-dividend date of this dividend is Thursday, December 10th. Simon Property Group’s payout ratio is currently 63.47%.

Insider Buying and Selling at Simon Property Group

In other Simon Property Group news, Director Reuben S. Leibowitz purchased 480 shares of the business’s stock in a transaction on Wednesday, September 30th. The shares were purchased at an average cost of $202.78 per share, for a total transaction of $97,334.40. Following the acquisition, the director owned 56,277 shares of the company’s stock, valued at approximately $11,411,850.06. This represents a 0.86% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stefan M. Selig acquired 208 shares of Simon Property Group stock in a transaction dated Wednesday, September 30th. The shares were bought at an average cost of $202.78 per share, with a total value of $42,178.24. Following the transaction, the director owned 34,020 shares in the company, valued at approximately $6,898,575.60. This trade represents a 0.62% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 1,668 shares of company stock valued at $338,237 over the last ninety days. Insiders own 8.73% of the company’s stock.

More Simon Property Group News

Here are the key news stories impacting Simon Property Group this week:

  • Positive Sentiment: Simon raised its 2026 real estate FFO-per-share guidance to $13.30–$13.40, above the roughly $13.24 analyst consensus. Higher guidance signals confidence in full-year performance. Article
  • Positive Sentiment: Operating results were strong, including 6.6% domestic net operating income growth and 96.5% mall and outlet occupancy. The company also reported $1.81 billion in revenue, up 13.3% year over year, and EPS of $3.37. Article
  • Positive Sentiment: The quarterly dividend rose 2.2% to $2.30 per share, equivalent to $9.20 annualized. The increase may appeal to income-focused investors. Article
  • Neutral Sentiment: FFO comparisons were mixed across reports: one cited $3.37 per share, above its estimate, while another reported real estate FFO of $3.09 versus a $3.31 FactSet estimate. Investors may focus on the specific FFO measure underlying the guidance increase. Article
  • Negative Sentiment: Higher interest costs and mark-to-market FFO pressures remain risks that could temper the positive operating and guidance news. Article

About Simon Property Group

(Get Free Report)

Simon Property Group, Inc is a self-administered and self-managed real estate investment trust that owns, develops, and operates premier shopping, dining, entertainment, and mixed-use destinations. Its portfolio includes regional malls, premium outlet centers, and other retail properties designed to serve both local shoppers and visitors.

The company’s properties feature a broad mix of retailers, restaurants, entertainment venues, and experiential offerings. Simon also provides property management, leasing, development, redevelopment, and marketing services associated with its real estate portfolio.

Simon Property Group was formed in 1993 through the combination of the retail real estate interests of the Simon and DeBartolo families.

Read More