Q1 2026 EPS Estimates for Simon Property Group, Inc. Reduced by Zacks Research (NYSE:SPG)

Simon Property Group, Inc. (NYSE:SPG) – Zacks Research decreased their Q1 2026 EPS estimates for Simon Property Group in a report issued on Monday, May 6th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings per share of $3.04 for the quarter, down from their prior forecast 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.

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

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

Simon Property Group Price Performance

Simon Property Group stock opened at $147.88 on Wednesday. Simon Property Group has a 52-week low of $100.17 and a 52-week high of $157.82. The firm has a fifty day moving average of $148.08 and a 200-day moving average of $138.97. The firm has a market capitalization of $48.19 billion, a P/E ratio of 21.19, a PEG ratio of 7.50 and a beta of 1.68. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 7.54.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. DT Investment Partners LLC lifted its position in Simon Property Group by 714.3% in the 3rd quarter. DT Investment Partners LLC now owns 228 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Selway Asset Management bought a new stake in shares of Simon Property Group during the 3rd quarter worth about $26,000. Cape Investment Advisory Inc. raised its position in shares of Simon Property Group by 3,200.0% during the 4th quarter. Cape Investment Advisory Inc. now owns 198 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 192 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Simon Property Group during the 3rd quarter worth about $33,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in shares of Simon Property Group during the 4th quarter worth about $34,000. 93.01% of the stock is currently owned by institutional investors.

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

Simon Property Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 7th will be given a $2.00 dividend. This is an increase from Simon Property Group’s previous quarterly dividend of $1.95. This represents a $8.00 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date of this dividend is Friday, June 7th. Simon Property Group’s dividend payout ratio (DPR) is presently 111.75%.

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.