What is Zacks Research's Estimate for SPG Q3 Earnings?

Simon Property Group, Inc. (NYSE:SPG - Free Report) - Stock analysts at Zacks Research lowered their Q3 2025 earnings estimates for Simon Property Group in a research report issued on Monday, June 2nd. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $3.07 per share for the quarter, down from their prior forecast of $3.08. 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 Q4 2025 earnings at $3.43 EPS, FY2025 earnings at $12.49 EPS, Q1 2026 earnings at $2.96 EPS, Q4 2026 earnings at $3.44 EPS, FY2026 earnings at $12.75 EPS and Q1 2027 earnings at $3.09 EPS.

Simon Property Group (NYSE:SPG - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The real estate investment trust reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $0.04. Simon Property Group had a net margin of 41.49% and a return on equity of 74.02%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the company posted $3.56 earnings per share. The company's revenue for the quarter was up 2.1% compared to the same quarter last year.

SPG has been the subject of several other research reports. Piper Sandler reduced their price target on shares of Simon Property Group from $205.00 to $200.00 and set an "overweight" rating for the company in a report on Friday, May 23rd. Stifel Nicolaus boosted their price target on shares of Simon Property Group from $168.50 to $180.00 and gave the company a "buy" rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. cut their price objective on shares of Simon Property Group from $192.00 to $180.00 and set a "neutral" rating on the stock in a research note on Thursday, May 22nd. Scotiabank cut their price objective on shares of Simon Property Group from $186.00 to $159.00 and set a "sector perform" rating on the stock in a research note on Wednesday, April 23rd. Finally, Wall Street Zen cut shares of Simon Property Group from a "buy" rating to a "hold" rating in a research note on Saturday, March 29th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $179.20.

Simon Property Group Stock Performance

Shares of SPG traded up $1.44 during midday trading on Thursday, hitting $162.19. 1,303,749 shares of the stock traded hands, compared to its average volume of 1,546,659. Simon Property Group has a 1-year low of $136.34 and a 1-year high of $190.14. The firm has a market capitalization of $52.94 billion, a PE ratio of 22.34, a price-to-earnings-growth ratio of 10.10 and a beta of 1.47. The company has a debt-to-equity ratio of 7.19, a quick ratio of 2.00 and a current ratio of 1.28. The business's 50 day moving average price is $156.92 and its two-hundred day moving average price is $169.14.

Institutional Investors Weigh In On Simon Property Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Simon Property Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 45,689,998 shares of the real estate investment trust's stock worth $7,588,195,000 after purchasing an additional 267,503 shares in the last quarter. Norges Bank purchased a new position in Simon Property Group in the 4th quarter worth about $2,059,505,000. Geode Capital Management LLC increased its stake in Simon Property Group by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 9,160,242 shares of the real estate investment trust's stock worth $1,577,600,000 after purchasing an additional 230,982 shares in the last quarter. Northern Trust Corp increased its stake in Simon Property Group by 1.8% in the 1st quarter. Northern Trust Corp now owns 5,558,982 shares of the real estate investment trust's stock worth $923,236,000 after purchasing an additional 96,126 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Simon Property Group by 3.0% in the 1st quarter. JPMorgan Chase & Co. now owns 4,852,195 shares of the real estate investment trust's stock worth $805,853,000 after purchasing an additional 141,657 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors.

Simon Property Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 9th will be given a $2.10 dividend. This represents a $8.40 annualized dividend and a yield of 5.18%. The ex-dividend date is Monday, June 9th. Simon Property Group's dividend payout ratio (DPR) is presently 133.76%.

About Simon Property Group

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.