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

Simon Property Group (NYSE:SPG) updated its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 13.200-13.300 for the period, compared to the consensus earnings per share estimate of 13.210. The company issued revenue guidance of -.

Simon Property Group Stock Performance

Shares of NYSE:SPG traded down $2.81 during trading on Monday, hitting $220.10. 1,231,583 shares of the company were exchanged, compared to its average volume of 1,733,253. Simon Property Group has a 52-week low of $163.29 and a 52-week high of $238.50. The stock has a 50 day moving average of $220.80 and a 200 day moving average of $204.84. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $71.38 billion, a PE ratio of 15.30, a P/E/G ratio of 2.88 and a beta of 1.30.

Simon Property Group (NYSE:SPG) last issued its quarterly earnings data on Monday, August 10th. The real estate investment trust reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $1.65. Simon Property Group had a return on equity of 104.54% and a net margin of 70.60%.Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. As a group, equities research analysts predict that Simon Property Group will post 13.21 EPS for the current year.

Analyst Ratings Changes

SPG has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on shares of Simon Property Group from $210.00 to $217.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Wolfe Research cut shares of Simon Property Group from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 30th. Stifel Nicolaus raised their target price on shares of Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research note on Tuesday, May 12th. Bank of America boosted their price target on shares of Simon Property Group from $225.00 to $236.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Finally, Evercore set a $215.00 price target on shares of Simon Property Group in a report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $216.14.

Insider Buying and Selling

In related news, Director Daniel C. Smith acquired 372 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was acquired at an average cost of $223.31 per share, for a total transaction of $83,071.32. Following the acquisition, the director owned 34,480 shares of the company’s stock, valued at $7,699,728.80. This trade represents a 1.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Larry C. Glasscock bought 397 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was bought at an average cost of $223.38 per share, with a total value of $88,681.86. Following the completion of the transaction, the director owned 45,902 shares in the company, valued at approximately $10,253,588.76. This trade represents a 0.87% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 2,387 shares of company stock valued at $533,056 over the last three months. Insiders own 8.73% of the company’s stock.

Hedge Funds Weigh In On Simon Property Group

A number of institutional investors have recently bought and sold shares of SPG. Stance Capital LLC purchased a new position in shares of Simon Property Group during the 3rd quarter worth approximately $26,000. Wilkerson Advisory Group LLC purchased a new position in shares of Simon Property Group in the 4th quarter valued at approximately $29,000. Sfam LLC purchased a new position in shares of Simon Property Group in the 4th quarter valued at approximately $57,000. Quarry LP boosted its position in shares of Simon Property Group by 109.5% during the fourth quarter. Quarry LP now owns 308 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 161 shares in the last quarter. Finally, Fairscale Capital LLC boosted its position in shares of Simon Property Group by 194.5% during the fourth quarter. Fairscale Capital LLC now owns 324 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 214 shares in the last quarter. 93.01% of the stock is owned by institutional investors.

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.