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

Simon Property Group (NYSE:SPG) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 13.100-13.250 for the period, compared to the consensus earnings per share estimate of 13.190. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Simon Property Group from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research report on Tuesday, January 20th. Evercore upped their price objective on shares of Simon Property Group from $188.00 to $198.00 and gave the company an “in-line” rating in a research note on Tuesday, February 3rd. Barclays lifted their target price on shares of Simon Property Group from $193.00 to $201.00 and gave the stock an “equal weight” rating in a research note on Monday, April 13th. Piper Sandler reiterated an “overweight” rating and issued a $230.00 price target (up from $225.00) on shares of Simon Property Group in a report on Tuesday, February 3rd. Finally, Morgan Stanley set a $205.00 price target on Simon Property Group in a research note on Friday, January 16th. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Simon Property Group presently has an average rating of “Hold” and a consensus target price of $200.14.

Simon Property Group Trading Down 0.5%

Shares of SPG stock traded down $1.08 during mid-day trading on Monday, reaching $201.04. The company’s stock had a trading volume of 1,719,201 shares, compared to its average volume of 1,580,807. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 4.42. The firm has a market capitalization of $65.33 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 6.65 and a beta of 1.33. The company’s 50 day simple moving average is $195.35 and its 200-day simple moving average is $189.16. Simon Property Group has a 12-month low of $155.44 and a 12-month high of $208.28.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.01). Simon Property Group had a return on equity of 124.12% and a net margin of 72.71%.The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. On average, research analysts predict that Simon Property Group will post 13.19 EPS for the current fiscal year.

Simon Property Group announced that its Board of Directors has authorized a stock buyback program on Thursday, February 5th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the real estate investment trust to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Simon Property Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC acquired a new position in shares of Simon Property Group during the fourth quarter worth $295,000. Marshall Wace LLP grew its holdings in Simon Property Group by 316.2% during the 2nd quarter. Marshall Wace LLP now owns 19,787 shares of the real estate investment trust’s stock valued at $3,181,000 after purchasing an additional 15,033 shares in the last quarter. Jump Financial LLC increased its stake in Simon Property Group by 80.1% during the 2nd quarter. Jump Financial LLC now owns 16,881 shares of the real estate investment trust’s stock worth $2,714,000 after buying an additional 7,506 shares during the period. Cerity Partners LLC increased its stake in Simon Property Group by 1.7% during the 2nd quarter. Cerity Partners LLC now owns 35,740 shares of the real estate investment trust’s stock worth $5,745,000 after buying an additional 598 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Simon Property Group by 13.4% in the 2nd quarter. NewEdge Advisors LLC now owns 28,444 shares of the real estate investment trust’s stock worth $4,573,000 after buying an additional 3,372 shares in the last quarter. 93.01% of the stock is owned by institutional investors and hedge funds.

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.