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

Simon Property Group (NYSE:SPG) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 13.100-13.250 for the period, compared to the consensus EPS estimate of 13.190. The company issued revenue guidance of -.

Simon Property Group Stock Up 2.2%

Simon Property Group stock opened at $205.52 on Wednesday. The firm has a market cap of $66.78 billion, a price-to-earnings ratio of 14.28, a P/E/G ratio of 6.61 and a beta of 1.33. The company has a debt-to-equity ratio of 4.42, a current ratio of 0.90 and a quick ratio of 0.90. Simon Property Group has a fifty-two week low of $155.44 and a fifty-two week high of $208.28. The firm has a fifty day moving average price of $195.37 and a two-hundred day moving average price of $189.66.

Simon Property Group (NYSE:SPG) last released its earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.02. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.54 billion. Simon Property Group had a net margin of 70.60% and a return on equity of 118.05%. The business’s revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.95 EPS. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. As a group, analysts forecast that Simon Property Group will post 13.19 earnings per share for the current year.

Simon Property Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $2.25 dividend. The ex-dividend date is Tuesday, June 9th. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.20. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.4%. Simon Property Group’s dividend payout ratio is currently 62.06%.

Simon Property Group declared that its Board of Directors has approved a share repurchase plan on Thursday, February 5th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the real estate investment trust to purchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

SPG has been the subject of several recent research reports. Citigroup increased their price target on shares of Simon Property Group from $185.00 to $189.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Truist Financial increased their price objective on Simon Property Group from $181.00 to $196.00 and gave the stock a “hold” rating in a research note on Monday, March 2nd. Scotiabank increased their price objective on Simon Property Group from $189.00 to $192.00 and gave the stock a “sector perform” rating in a research note on Tuesday, March 24th. Evercore set a $207.00 price objective on Simon Property Group in a research note on Tuesday. Finally, Stifel Nicolaus increased their price objective on Simon Property Group from $185.00 to $194.00 and gave the stock a “hold” rating in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Simon Property Group currently has a consensus rating of “Hold” and an average price target of $201.43.

Key Stories Impacting Simon Property Group

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

• Positive Sentiment: Simon Property Group delivered stronger-than-expected Q1 results, with FFO and revenue both topping estimates and operating metrics showing healthy occupancy and leasing demand. Simon Property (SPG) Q1 FFO and Revenues Top Estimates
• Positive Sentiment: The company raised its 2026 FFO guidance and boosted its quarterly dividend, signaling confidence in cash flow and capital returns. Can Simon Property Group (SPG) Keep Climbing After Strong Q1 Results?
• Positive Sentiment: Goldman Sachs reiterated a Buy rating and Stifel raised its price target on SPG, reflecting continued analyst optimism after the earnings beat. Analyst Reiterates Buy on Simon Property Group Amid Raised FFO Guidance and Resilient Operating Performance
• Neutral Sentiment: Stifel’s new $194 price target is still below the recent trading level, suggesting limited upside in the near term despite the firm’s unchanged Hold view. Simon Property Group (NYSE:SPG) Given New $194.00 Price Target at Stifel Nicolaus
• Negative Sentiment: A new risk note flagged Simon Property’s expanded share buybacks as potentially increasing capital allocation pressure, liquidity concerns, and refinancing risk. Simon Property’s Expanded Buybacks Raise Capital Allocation, Liquidity, and Refinancing Risks

Institutional Trading of Simon Property Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stance Capital LLC acquired a new stake in shares of Simon Property Group in the third quarter valued at approximately $26,000. Wilkerson Advisory Group LLC acquired a new stake in Simon Property Group in the fourth quarter worth about $29,000. Sfam LLC acquired a new stake in Simon Property Group in the fourth quarter worth about $57,000. Quarry LP increased its position in Simon Property Group by 109.5% in the fourth quarter. Quarry LP now owns 308 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 161 shares during the period. Finally, Fairscale Capital LLC grew its holdings in Simon Property Group by 194.5% during the 4th quarter. Fairscale Capital LLC now owns 324 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 214 shares during the period. Institutional investors and hedge funds own 93.01% of the company’s stock.

Simon Property Group Company Profile

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.