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 morning. The company provided earnings per share (EPS) guidance of 13.100-13.250 for the period, compared to the consensus estimate of 13.190. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of research analysts have issued reports on SPG shares. Morgan Stanley set a $205.00 price target on shares of Simon Property Group in a report on Friday, January 16th. Piper Sandler reissued an “overweight” rating and issued a $230.00 price objective (up from $225.00) on shares of Simon Property Group in a report on Tuesday, February 3rd. Citigroup raised their target price on Simon Property Group from $185.00 to $189.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Scotiabank lifted their price target on Simon Property Group from $189.00 to $192.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 24th. Finally, Barclays boosted their target price on shares of Simon Property Group from $193.00 to $201.00 and gave the company an “equal weight” rating in a research note on Monday, April 13th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $200.14.

Simon Property Group Price Performance

SPG traded down $1.08 on Monday, hitting $201.04. 1,668,385 shares of the company’s stock were exchanged, compared to its average volume of 1,580,769. Simon Property Group has a fifty-two week low of $155.44 and a fifty-two week high of $208.28. The stock has a market cap of $65.33 billion, a price-to-earnings ratio of 14.18, a P/E/G ratio of 6.65 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 4.42. The firm has a 50-day moving average price of $195.35 and a 200-day moving average price of $189.16.

Simon Property Group (NYSE:SPG) last released its 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 during 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. As a group, equities analysts anticipate that Simon Property Group will post 13.19 earnings per share for the current year.

Simon Property Group declared that its board has approved a stock repurchase program on Thursday, February 5th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy up to 3.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Institutional Trading of Simon Property Group

A number of hedge funds and other institutional investors have recently modified their holdings of SPG. Brighton Jones LLC acquired a new stake in shares of Simon Property Group during the fourth quarter valued at about $295,000. XXI Wealth LLC acquired a new stake in Simon Property Group during the 4th quarter worth approximately $256,000. Caxton Associates LLP purchased a new position in Simon Property Group in the 3rd quarter valued at approximately $242,000. Harvest Fund Management Co. Ltd grew its stake in shares of Simon Property Group by 1,915.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 1,290 shares of the real estate investment trust’s stock worth $242,000 after acquiring an additional 1,226 shares in the last quarter. Finally, NCM Capital Management LLC acquired a new position in shares of Simon Property Group in the third quarter worth $212,000. 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.