Q1 2026 EPS Estimates for Simon Property Group, Inc. Decreased by Analyst (NYSE:SPG)

Simon Property Group, Inc. (NYSE:SPG - Free Report) - Equities research analysts at Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for shares of Simon Property Group in a report issued on Monday, May 6th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will earn $3.04 per share 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.

A number of other research analysts have also issued reports on the company. Evercore ISI boosted their price objective on Simon Property Group from $142.00 to $150.00 and gave the company an "in-line" rating in a research report on Wednesday, February 28th. StockNews.com upgraded Simon Property Group from a "hold" rating to a "buy" rating in a research report on Thursday, April 18th. Truist Financial boosted their price objective 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. Finally, Morgan Stanley boosted their price objective on Simon Property Group from $143.00 to $145.00 and gave the company an "equal weight" rating in a research report on Monday, February 26th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $140.22.

Simon Property Group Stock Performance

Shares of SPG traded down $0.07 during mid-day trading on Wednesday, hitting $147.88. The stock had a trading volume of 1,378,951 shares, compared to its average volume of 1,492,443. The company has a market cap of $48.19 billion, a PE ratio of 21.19, a PEG ratio of 7.50 and a beta of 1.68. The company's fifty day simple moving average is $148.08 and its two-hundred day simple moving average is $138.97. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 7.54. Simon Property Group has a fifty-two week low of $100.17 and a fifty-two week high of $157.82.

Simon Property Group (NYSE:SPG - Get Free Report) last released 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 firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.31 billion. Simon Property Group had a net margin of 42.30% and a return on equity of 70.97%. Simon Property Group's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.74 earnings per share.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 7th will be paid a $2.00 dividend. 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. This is an increase from Simon Property Group's previous quarterly dividend of $1.95. Simon Property Group's payout ratio is currently 111.75%.

Simon Property Group announced that its board has authorized a stock repurchase plan on Thursday, February 8th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the real estate investment trust to purchase up to 4.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its stock is undervalued.

Institutional Investors Weigh In On Simon Property Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Simon Property Group during the fourth quarter worth $2,561,181,000. Northern Trust Corp lifted its position in shares of Simon Property Group by 1.9% during the 3rd quarter. Northern Trust Corp now owns 4,745,198 shares of the real estate investment trust's stock worth $512,624,000 after purchasing an additional 86,778 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position 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 purchasing an additional 72,645 shares during the last quarter. Invesco Ltd. raised its holdings 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 acquiring an additional 71,751 shares in 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 valued at $317,881,000 after acquiring an additional 183,702 shares in the last quarter. 93.01% of the stock is owned by institutional investors and hedge funds.

About Simon Property Group

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.