Equities Analysts Set Expectations for SPG Q1 Earnings

Simon Property Group, Inc. (NYSE:SPG) – Analysts at Zacks Research decreased their Q1 2026 EPS estimates for Simon Property Group in a research note issued to investors on Monday, November 24th. Zacks Research analyst Team now anticipates that the real estate investment trust will earn $2.94 per share for the quarter, down from their previous forecast of $2.95. The consensus estimate for Simon Property Group’s current full-year earnings is $12.54 per share. Zacks Research also issued estimates for Simon Property Group’s Q3 2026 earnings at $3.22 EPS, Q2 2027 earnings at $3.16 EPS and FY2027 earnings at $13.06 EPS.

Several other equities research analysts also recently commented on SPG. Weiss Ratings reiterated a “buy (b)” rating on shares of Simon Property Group in a report on Tuesday, October 14th. Stifel Nicolaus increased their price objective on shares of Simon Property Group from $179.00 to $184.00 and gave the company a “hold” rating in a research report on Tuesday, November 4th. Truist Financial boosted their target price on shares of Simon Property Group from $168.00 to $169.00 and gave the stock a “hold” rating in a research report on Monday, August 25th. Scotiabank upped their target price on shares of Simon Property Group from $173.00 to $186.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Finally, Morgan Stanley raised their price target on shares of Simon Property Group from $170.00 to $180.00 and gave the company an “equal weight” rating in a report on Thursday, September 11th. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $189.93.

Simon Property Group Trading Up 0.3%

NYSE:SPG opened at $185.74 on Wednesday. The business’s 50-day moving average is $180.84 and its two-hundred day moving average is $171.79. The firm has a market capitalization of $60.64 billion, a PE ratio of 28.71, a price-to-earnings-growth ratio of 12.73 and a beta of 1.50. Simon Property Group has a 12 month low of $136.34 and a 12 month high of $190.13. The company has a debt-to-equity ratio of 9.05, a current ratio of 1.23 and a quick ratio of 1.23.

Simon Property Group (NYSE:SPG) last posted its earnings results on Monday, November 3rd. The real estate investment trust reported $3.22 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.13. Simon Property Group had a net margin of 36.78% and a return on equity of 72.38%. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the business posted $3.05 EPS. The business’s quarterly revenue was up 8.2% on a year-over-year basis. Simon Property Group has set its FY 2025 guidance at 12.600-12.700 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SPG. Brighton Jones LLC bought a new position in Simon Property Group during the fourth quarter worth $295,000. Avantax Advisory Services Inc. raised its holdings in shares of Simon Property Group by 32.3% during the first quarter. Avantax Advisory Services Inc. now owns 19,195 shares of the real estate investment trust’s stock worth $3,188,000 after purchasing an additional 4,691 shares during the period. Cetera Investment Advisers raised its holdings in shares of Simon Property Group by 6.2% during the first quarter. Cetera Investment Advisers now owns 45,776 shares of the real estate investment trust’s stock worth $7,602,000 after purchasing an additional 2,669 shares during the period. Assetmark Inc. lifted its position in shares of Simon Property Group by 12.8% in the 1st quarter. Assetmark Inc. now owns 9,636 shares of the real estate investment trust’s stock worth $1,600,000 after buying an additional 1,091 shares during the last quarter. Finally, HB Wealth Management LLC boosted its holdings in shares of Simon Property Group by 11.6% in the 1st quarter. HB Wealth Management LLC now owns 6,530 shares of the real estate investment trust’s stock valued at $1,085,000 after buying an additional 679 shares during the period. Institutional investors and hedge funds own 93.01% of the company’s stock.

Insider Activity at Simon Property Group

In related news, Director Larry C. Glasscock bought 351 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was bought at an average price of $185.95 per share, with a total value of $65,268.45. Following the transaction, the director owned 43,536 shares of the company’s stock, valued at approximately $8,095,519.20. This trade represents a 0.81% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Reuben S. Leibowitz purchased 464 shares of Simon Property Group stock in a transaction dated Tuesday, September 30th. The shares were bought at an average cost of $185.95 per share, for a total transaction of $86,280.80. Following the transaction, the director directly owned 58,659 shares of the company’s stock, valued at approximately $10,907,641.05. The trade was a 0.80% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 2,121 shares of company stock worth $394,400 over the last 90 days. Company insiders own 8.66% of the company’s stock.

Simon Property Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th will be paid a dividend of $2.20 per share. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.15. The ex-dividend date is Wednesday, December 10th. This represents a $8.80 dividend on an annualized basis and a yield of 4.7%. Simon Property Group’s payout ratio is currently 128.09%.

Simon Property Group Company Profile

Simon Property Group, Inc (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc, the Operating Partnership, and its subsidiaries.