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 Monday. The company provided earnings per share (EPS) guidance of 13.200-13.300 for the period, compared to the consensus estimate of 13.210. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

SPG has been the subject of a number of recent analyst reports. Truist Financial lifted their price objective on shares of Simon Property Group from $196.00 to $215.00 and gave the company a “hold” rating in a report on Tuesday, June 23rd. Weiss Ratings upgraded Simon Property Group from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, July 14th. Scotiabank lifted their target price on shares of Simon Property Group from $206.00 to $220.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft cut shares of Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 target price for the company. in a research note on Thursday, July 9th. Finally, Stifel Nicolaus raised their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $216.14.

Simon Property Group Price Performance

SPG traded down $2.81 on Monday, hitting $220.10. 1,227,990 shares of the company’s stock were exchanged, compared to its average volume of 1,729,853. Simon Property Group has a fifty-two week low of $163.29 and a fifty-two week high of $238.50. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 4.68. The firm has a 50-day moving average price of $220.80 and a 200-day moving average price of $204.84. The stock has a market cap of $71.38 billion, a price-to-earnings 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 earnings results on Monday, May 11th. The real estate investment trust reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.02. The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The company’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same period in the prior year, the business earned $2.95 earnings per share. As a group, equities analysts anticipate that Simon Property Group will post 13.21 earnings per share for the current year.

Insider Activity at Simon Property Group

In other Simon Property Group news, Director Larry C. Glasscock acquired 397 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was bought at an average price of $223.38 per share, for a total transaction of $88,681.86. Following the acquisition, the director owned 45,902 shares in the company, valued at approximately $10,253,588.76. The trade was a 0.87% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Glyn Aeppel bought 243 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was acquired at an average cost of $223.36 per share, for a total transaction of $54,276.48. Following the completion of the purchase, the director directly owned 21,067 shares in the company, valued at approximately $4,705,525.12. This represents a 1.17% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 2,387 shares of company stock worth $533,056 in the last 90 days. 8.73% of the stock is owned by insiders.

Institutional Trading of Simon Property Group

Several large investors have recently added to or reduced their stakes in SPG. Stance Capital LLC acquired a new position in shares of Simon Property Group during the 3rd quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new position in Simon Property Group during the fourth quarter worth about $29,000. Sfam LLC purchased a new position in Simon Property Group during the fourth quarter worth about $57,000. Quarry LP boosted its holdings in Simon Property Group by 109.5% in the 4th 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 during the last quarter. Finally, Fairscale Capital LLC grew its stake in shares of Simon Property Group by 194.5% in the 4th quarter. Fairscale Capital LLC now owns 324 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 214 shares during the period. 93.01% of the stock is currently owned by hedge funds and other institutional investors.

About Simon Property Group

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.