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

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

Simon Property Group Price Performance

NYSE:SPG traded down $1.50 on Thursday, reaching $227.00. The stock had a trading volume of 2,007,237 shares, compared to its average volume of 1,598,635. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.19. The company has a market capitalization of $73.45 billion, a P/E ratio of 16.01, a price-to-earnings-growth ratio of 3.42 and a beta of 1.27. Simon Property Group has a 1-year low of $177.88 and a 1-year high of $238.50. The stock has a fifty day moving average price of $207.49 and a 200-day moving average price of $206.33.

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

Simon Property Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 9th were issued a dividend of $2.25 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $9.00 dividend on an annualized basis and a yield of 4.0%. Simon Property Group’s dividend payout ratio is currently 63.47%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Barclays reduced their target price on shares of Simon Property Group from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, September 28th. BNP Paribas Exane started coverage on shares of Simon Property Group in a research note on Friday, October 9th. They set a “neutral” rating and a $222.00 price target for the company. Argus increased their price target on Simon Property Group from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday, September 16th. JPMorgan Chase & Co. cut their target price on Simon Property Group from $231.00 to $223.00 and set a “neutral” rating on the stock in a research note on Thursday, September 10th. Finally, Truist Financial started coverage on shares of Simon Property Group in a research report on Friday, October 2nd. They issued a “hold” rating and a $215.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $228.67.

Insiders Place Their Bets

In related news, Director Stefan Selig acquired 208 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was bought at an average price of $202.78 per share, for a total transaction of $42,178.24. Following the acquisition, the director directly owned 34,020 shares of the company’s stock, valued at approximately $6,898,575.60. The trade was a 0.62% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary Rodkin acquired 232 shares of the company’s stock in a transaction dated Wednesday, September 30th. The shares were bought at an average price of $202.78 per share, for a total transaction of $47,044.96. Following the purchase, the director owned 21,248 shares in the company, valued at approximately $4,308,669.44. This represents a 1.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 1,668 shares of company stock valued at $338,237 over the last 90 days. 8.73% of the stock is currently owned by company insiders.

Trending Headlines about Simon Property Group

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

• Positive Sentiment: Simon raised its 2026 real-estate FFO-per-share outlook to $13.30–$13.40, above the $13.24 consensus cited in the reports, and increased its quarterly dividend. The higher outlook and payout support the income and growth case for investors. Simon third-quarter results and guidance
• Positive Sentiment: Third-quarter revenue was $1.81 billion, above analyst estimates of $1.63 billion, indicating better-than-expected top-line performance. Simon Property Q3 earnings snapshot
• Neutral Sentiment: Simon refinanced Colorado Mills with a $93 million loan, including an $80 million CMBS component. The report does not provide enough loan terms to assess the financing’s effect on costs or risk. Colorado Mills refinancing
• Negative Sentiment: Third-quarter real-estate FFO was $3.09 per share, missing FactSet’s $3.31 estimate. The shortfall in this key REIT performance measure may have offset the positives from revenue and guidance. Q3 FFO results

About Simon Property Group

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.