Simon Property Group, Inc. (NYSE:SPG) Expected to Earn Q1 2026 Earnings of $3.04 Per Share

Simon Property Group, Inc. (NYSE:SPG) – Analysts at Zacks Research lowered their Q1 2026 EPS estimates for Simon Property Group in a report released on Monday, May 6th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings of $3.04 per share for the quarter, down from their previous estimate of $3.06. The consensus estimate for Simon Property Group’s current full-year earnings is $12.06 per share. Zacks Research also issued estimates for Simon Property Group’s FY2026 earnings at $12.78 EPS.

Other equities research analysts have also issued research reports about the stock. Evercore ISI boosted their price target on shares of Simon Property Group from $142.00 to $150.00 and gave the company an “in-line” rating in a report on Wednesday, February 28th. Morgan Stanley boosted their target price on shares of Simon Property Group from $143.00 to $145.00 and gave the company an “equal weight” rating in a research note on Monday, February 26th. StockNews.com raised Simon Property Group from a “hold” rating to a “buy” rating in a research report on Thursday, April 18th. Finally, Truist Financial upped their price target on Simon Property Group from $139.00 to $147.00 and gave the company a “hold” rating in a research report on Friday, March 22nd. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Simon Property Group has an average rating of “Moderate Buy” and an average target price of $140.22.

Simon Property Group Price Performance

NYSE SPG opened at $149.11 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 7.54. Simon Property Group has a 1 year low of $100.17 and a 1 year high of $157.82. The company has a market cap of $48.59 billion, a PE ratio of 18.99, a PEG ratio of 7.50 and a beta of 1.68. The stock’s 50-day moving average price is $148.04 and its two-hundred day moving average price is $139.04.

Simon Property Group (NYSE:SPG) last issued its earnings results on Monday, May 6th. The real estate investment trust reported $2.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.80 by ($0.55). Simon Property Group had a return on equity of 70.97% and a net margin of 42.30%. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the firm earned $2.74 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year.

Simon Property Group declared that its board has authorized a stock repurchase program on Thursday, February 8th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the real estate investment trust to reacquire up to 4.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Simon Property Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 7th will be given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 5.37%. This is an increase from Simon Property Group’s previous quarterly dividend of $1.95. The ex-dividend date is Friday, June 7th. Simon Property Group’s dividend payout ratio is presently 101.91%.

Institutional Trading of Simon Property Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new position in shares of Simon Property Group in the 4th quarter valued at approximately $2,561,181,000. Northern Trust Corp lifted its stake in shares of Simon Property Group by 1.9% in the third quarter. Northern Trust Corp now owns 4,745,198 shares of the real estate investment trust’s stock worth $512,624,000 after buying an additional 86,778 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Simon Property Group by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,537,655 shares of the real estate investment trust’s stock worth $504,611,000 after buying an additional 72,645 shares during the period. Invesco Ltd. grew its stake in Simon Property Group by 3.1% in the 3rd quarter. Invesco Ltd. now owns 2,409,189 shares of the real estate investment trust’s stock valued at $260,265,000 after buying an additional 71,751 shares during the last quarter. Finally, Boston Partners raised its holdings in Simon Property Group by 9.0% in the 4th quarter. Boston Partners now owns 2,228,580 shares of the real estate investment trust’s stock worth $317,881,000 after acquiring an additional 183,702 shares during the period. Institutional investors and hedge funds own 93.01% of the company’s stock.

Simon Property Group Company Profile

Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.