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 EPS guidance of 13.300-13.400 for the period, compared to the consensus earnings per share estimate of 13.240.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. BMO Capital Markets raised their price objective on shares of Simon Property Group from $230.00 to $250.00 and gave the company a “market perform” rating in a research note on Monday, August 17th. Truist Financial began coverage on shares of Simon Property Group in a research report on Friday, October 2nd. They issued a “hold” rating and a $215.00 target price for the company. Piper Sandler dropped their price objective on Simon Property Group from $285.00 to $254.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Barclays cut their price objective on Simon Property Group from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, September 28th. Finally, The Goldman Sachs Group dropped their target price on shares of Simon Property Group from $242.00 to $228.00 in a research report on Wednesday, October 7th. Nine investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $228.67.

Simon Property Group Trading Up 1.1%

SPG stock opened at $228.96 on Friday. The company’s 50-day simple moving average is $207.97 and its 200-day simple moving average is $206.76. The firm has a market cap of $74.08 billion, a P/E ratio of 16.84, a PEG ratio of 3.41 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 52-week low of $177.88 and a 52-week high of $238.50.

Simon Property Group (NYSE:SPG) last announced its earnings results on Thursday, November 5th. The real estate investment trust reported $3.37 earnings per share for the quarter, beating the consensus estimate of $1.69 by $1.68. The company had revenue of $1.81 billion for 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 company’s revenue was up 13.3% on a year-over-year basis. During the same period last year, the business posted $3.22 EPS. Simon Property Group has set its FY 2026 guidance at 13.300-13.400 EPS. As a group, equities analysts forecast that Simon Property Group will post 13.24 EPS for the current fiscal year.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 10th will be issued a dividend of $2.30 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $9.20 annualized dividend and a yield of 4.0%. This is an increase from Simon Property Group’s previous quarterly dividend of $2.25. Simon Property Group’s dividend payout ratio (DPR) is presently 63.47%.

Insider Activity at Simon Property Group

In related news, Director Daniel C. Smith acquired 350 shares of Simon Property Group stock in a transaction dated Wednesday, September 30th. The shares were purchased at an average cost of $202.78 per share, with a total value of $70,973.00. Following the completion of the purchase, the director owned 34,830 shares of the company’s stock, valued at $7,062,827.40. This represents a 1.02% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Marta R. Stewart bought 199 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was purchased at an average cost of $202.78 per share, with a total value of $40,353.22. Following the completion of the acquisition, the director directly owned 18,199 shares of the company’s stock, valued at approximately $3,690,393.22. The trade was a 1.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 1,668 shares of company stock worth $338,237 in the last three months. 8.73% of the stock is owned by company insiders.

Trending Headlines about Simon Property Group

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

• Positive Sentiment: Q3 funds from operations (FFO) were $3.37 per share, topping the $3.32 consensus estimate and rising from $3.22 a year earlier. Revenue increased 13.3% to $1.81 billion, above expectations. SPG Q3 FFO Tops Estimates on Leasing Strength, Outlook Raised
• Positive Sentiment: Management raised 2026 real estate FFO guidance to $13.30–$13.40 per share, above the cited $13.24 analyst consensus. Domestic net operating income grew 6.6%, while mall and outlet occupancy reached 96.5%. Q3 Earnings Call Highlights
• Positive Sentiment: SPG raised its quarterly dividend 2.2% to $2.30 per share, equivalent to $9.20 annually and a reported 4.1% yield. The increase may support investor demand for the stock’s income. Simon Property Reports Third-Quarter Growth, Increases Quarterly Dividend
• Neutral Sentiment: An article argues the stock may remain undervalued despite a 131% three-year run; this is a valuation opinion and does not guarantee further gains. Simon Property Group Stock Looks Undervalued
• Negative Sentiment: Higher interest costs and mark-to-market FFO pressures remain potential headwinds, tempering the otherwise strong operating picture. Q3 Earnings Call Highlights

Simon Property Group Company Profile

Simon Property Group is a real estate investment trust that owns, develops and manages shopping, dining and entertainment destinations. Its portfolio includes regional malls, premium outlet centers and mixed-use properties, which combine retail with other uses such as restaurants and entertainment.

The company’s properties are located primarily in the United States, with additional investments and operations in international markets, including Europe and Asia. Its business activities include leasing space to retailers and other tenants, operating properties and investing in redevelopment and expansion projects.

Simon Property Group was established in 1993, when it became a publicly traded company following a spin-off from Melvin Simon & Associates.