Zacks Research Analysts Lower Earnings Estimates for SPG

Key Points

• Zacks Research has lowered its Q1 2026 earnings estimate for Simon Property Group to $2.95 per share, down from a previous estimate of $2.96.
• The company reported $3.05 EPS in its most recent quarterly earnings, exceeding the consensus estimate of $3.04, with revenue rising 13.9% year-over-year to $1.50 billion.
• Simon Property Group has announced a quarterly dividend of $2.15 per share, an increase from its previous dividend of $2.10, representing a yield of 4.8%.

Simon Property Group, Inc. (NYSE:SPG - Free Report) - Research analysts at Zacks Research dropped their Q1 2026 earnings estimates for shares of Simon Property Group in a research report issued on Monday, August 25th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings of $2.95 per share for the quarter, down from their previous estimate of $2.96. 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 $3.21 EPS, Q1 2027 earnings at $3.08 EPS and FY2027 earnings at $13.13 EPS.

Simon Property Group (NYSE:SPG - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The real estate investment trust reported $3.05 EPS for the quarter, topping the consensus estimate of $3.04 by $0.01. The business had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.40 billion. Simon Property Group had a net margin of 36.78% and a return on equity of 72.38%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.90 earnings per share. Simon Property Group has set its FY 2025 guidance at 12.450-12.650 EPS.

SPG has been the topic of several other reports. Stifel Nicolaus set a $179.00 price target on Simon Property Group and gave the company a "buy" rating in a research report on Tuesday, August 5th. Scotiabank increased their target price on shares of Simon Property Group from $159.00 to $163.00 and gave the stock a "sector perform" rating in a report on Tuesday, June 17th. Barclays began coverage on shares of Simon Property Group in a research report on Wednesday, July 2nd. They issued an "equal weight" rating and a $170.00 price target on the stock. Piper Sandler lowered their price objective on shares of Simon Property Group from $205.00 to $200.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. Finally, LADENBURG THALM/SH SH initiated coverage on shares of Simon Property Group in a research note on Friday, July 18th. They set a "buy" rating and a $225.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $184.00.

Simon Property Group Trading Up 0.9%

Shares of NYSE SPG opened at $178.42 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 9.05. The stock's 50 day moving average price is $166.01 and its two-hundred day moving average price is $164.73. Simon Property Group has a 52-week low of $136.34 and a 52-week high of $190.13. The stock has a market capitalization of $58.25 billion, a P/E ratio of 27.58, a PEG ratio of 10.71 and a beta of 1.48.

Institutional Trading of Simon Property Group

Hedge funds have recently added to or reduced their stakes in the business. Colonial Trust Co SC grew its stake in shares of Simon Property Group by 37.5% in the fourth quarter. Colonial Trust Co SC now owns 209 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 57 shares in the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in Simon Property Group by 0.5% in the second quarter. Legacy Wealth Asset Management LLC now owns 13,768 shares of the real estate investment trust's stock worth $2,213,000 after purchasing an additional 66 shares during the period. Great Lakes Advisors LLC grew its position in Simon Property Group by 3.7% in the 1st quarter. Great Lakes Advisors LLC now owns 1,908 shares of the real estate investment trust's stock valued at $317,000 after buying an additional 68 shares in the last quarter. Wedmont Private Capital increased its stake in Simon Property Group by 1.0% during the 2nd quarter. Wedmont Private Capital now owns 7,040 shares of the real estate investment trust's stock valued at $1,147,000 after buying an additional 68 shares during the period. Finally, PFS Partners LLC increased its stake in Simon Property Group by 13.6% during the 2nd quarter. PFS Partners LLC now owns 568 shares of the real estate investment trust's stock valued at $91,000 after buying an additional 68 shares during the period. Institutional investors own 93.01% of the company's stock.

Insider Activity

In other Simon Property Group news, Director Glyn Aeppel purchased 234 shares of the business's stock in a transaction dated Monday, June 30th. The shares were bought at an average price of $159.29 per share, with a total value of $37,273.86. Following the completion of the acquisition, the director owned 19,057 shares in the company, valued at approximately $3,035,589.53. This represents a 1.24% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary M. Rodkin acquired 246 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The stock was acquired at an average cost of $159.29 per share, with a total value of $39,185.34. Following the completion of the acquisition, the director directly owned 19,010 shares in the company, valued at approximately $3,028,102.90. This represents a 1.31% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 2,428 shares of company stock worth $387,271 over the last three months. Insiders own 8.66% of the company's stock.

Simon Property Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 9th will be paid a dividend of $2.15 per share. This represents a $8.60 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, September 9th. This is a positive change from Simon Property Group's previous quarterly dividend of $2.10. Simon Property Group's dividend payout ratio (DPR) is presently 129.83%.

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.

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