Simon Property Group, Inc. to Post Q1 2026 Earnings of $3.04 Per Share, Zacks Research Forecasts (NYSE:SPG)

Simon Property Group, Inc. (NYSE:SPG) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share estimates for Simon Property Group in a research report issued to clients and investors 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 estimate 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 issued its earnings results on Monday, May 6th. The real estate investment trust reported $2.25 earnings per share (EPS) 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 net margin of 42.30% and a return on equity of 70.97%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.74 earnings per share.

Several other research firms have also issued reports on SPG. Morgan Stanley increased their target price on shares of Simon Property Group from $143.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Monday, February 26th. Truist Financial increased their target price on shares of Simon Property Group from $139.00 to $147.00 and gave the stock a “hold” rating in a research note on Friday, March 22nd. 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 research note on Wednesday, February 28th. Finally, StockNews.com raised shares of Simon Property Group from a “hold” rating to a “buy” rating in a research note on Thursday, April 18th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.22.

Simon Property Group Stock Performance

Shares of SPG stock opened at $147.88 on Wednesday. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 7.54. The firm has a market cap of $48.19 billion, a price-to-earnings ratio of 21.19, a PEG ratio of 7.50 and a beta of 1.68. The company’s 50 day moving average is $148.08 and its 200 day moving average is $138.97. Simon Property Group has a 52-week low of $100.17 and a 52-week high of $157.82.

Simon Property Group declared that its Board of Directors has initiated a share repurchase program on Thursday, February 8th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the real estate investment trust to purchase up to 4.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Simon Property Group Increases Dividend

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

Institutional Investors Weigh In On Simon Property Group

A number of institutional investors and hedge funds have recently bought and sold shares of SPG. Cape Investment Advisory Inc. increased its stake in Simon Property Group by 3,200.0% in the fourth quarter. Cape Investment Advisory Inc. now owns 198 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 192 shares during the period. DT Investment Partners LLC increased its stake in Simon Property Group by 714.3% in the third 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 period. BOK Financial Private Wealth Inc. acquired a new position in Simon Property Group in the fourth quarter valued at $34,000. Selway Asset Management acquired a new position in Simon Property Group in the third quarter valued at $26,000. Finally, Indiana Trust & Investment Management CO acquired a new position in shares of Simon Property Group during the first quarter worth about $41,000. 93.01% of the stock is owned by hedge funds and other institutional investors.

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.