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

Simon Property Group (NYSE:SPG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 13.300-13.400 for the period, compared to the consensus earnings per share estimate of 13.240.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SPG. Jefferies Financial Group cut their price objective on Simon Property Group from $278.00 to $252.00 and set a “buy” rating for the company in a report on Monday, October 12th. BNP Paribas Exane initiated coverage on Simon Property Group in a report on Friday, October 9th. They set a “neutral” rating and a $222.00 price objective on the stock. UBS Group dropped their target price on Simon Property Group from $222.00 to $205.00 and set a “neutral” rating for the company in a research report on Friday, October 9th. JPMorgan Chase & Co. cut their target price on Simon Property Group from $231.00 to $223.00 and set a “neutral” rating for the company in a research note on Thursday, September 10th. Finally, Piper Sandler reduced their price target on shares of Simon Property Group from $285.00 to $254.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. Nine equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $228.67.

Simon Property Group Trading Down 0.7%

NYSE SPG traded down $1.50 during trading on Thursday, hitting $227.00. 1,355,595 shares of the company’s stock traded hands, compared to its average volume of 1,594,897. The stock has a fifty day moving average of $207.49 and a two-hundred day moving average of $206.33. The company has a debt-to-equity ratio of 5.19, a current ratio of 1.05 and a quick ratio of 1.05. Simon Property Group has a 12-month low of $177.88 and a 12-month high of $238.50. The firm has a market cap of $73.45 billion, a P/E ratio of 16.01, a PEG ratio of 3.42 and a beta of 1.27.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings data on Monday, August 10th. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.15). The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.61 billion. Simon Property Group had a net margin of 66.56% and a return on equity of 89.32%. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period last year, the business posted $1.70 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. As a group, sell-side analysts expect that Simon Property Group will post 13.24 EPS for the current year.

Simon Property Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th were given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a yield of 4.0%. The ex-dividend date was Wednesday, September 9th. Simon Property Group’s dividend payout ratio (DPR) is presently 63.47%.

Insider Buying and Selling at Simon Property Group

In related news, Director Marta R. Stewart acquired 199 shares of the stock in a transaction on Wednesday, September 30th. The stock was purchased at an average price of $202.78 per share, for a total transaction of $40,353.22. Following the completion of the transaction, the director owned 18,199 shares of the company’s stock, valued at $3,690,393.22. This trade represents a 1.11% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gary M. Rodkin acquired 232 shares of the company’s 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 $47,044.96. Following the purchase, the director owned 21,248 shares of the company’s stock, valued at approximately $4,308,669.44. This trade represents a 1.10% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 1,668 shares of company stock worth $338,237 over the last quarter. Company insiders own 8.73% of the company’s stock.

Simon Property Group Company Profile

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.