Zacks Research Has Optimistic Outlook of SPG Q2 Earnings

Simon Property Group, Inc. (NYSE:SPG) – Investment analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of Simon Property Group in a research report issued on Monday, June 2nd. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings per share of $3.03 for the quarter, up from their previous estimate of $3.02. 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 Q2 2026 earnings at $3.17 EPS.

A number of other analysts also recently commented on SPG. Scotiabank dropped their price objective on 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. JPMorgan Chase & Co. cut their price objective on Simon Property Group from $192.00 to $180.00 and set a “neutral” rating for the company in a report on Thursday, May 22nd. Stifel Nicolaus upped their price objective on Simon Property Group from $168.50 to $180.00 and gave the company a “buy” rating in a report on Tuesday, May 13th. Piper Sandler cut their price objective on Simon Property Group from $205.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, May 23rd. Finally, Wall Street Zen lowered Simon Property Group from a “buy” rating to a “hold” rating in a report on Saturday, March 29th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $179.20.

Simon Property Group Trading Down 0.6%

Shares of SPG stock opened at $161.96 on Wednesday. The company has a debt-to-equity ratio of 7.19, a quick ratio of 2.00 and a current ratio of 1.28. Simon Property Group has a 1 year low of $136.34 and a 1 year high of $190.14. The stock has a fifty day moving average of $157.17 and a two-hundred day moving average of $169.64. The firm has a market capitalization of $52.87 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 10.10 and a beta of 1.43.

Simon Property Group (NYSE:SPG) 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, topping analysts’ consensus estimates of $2.91 by $0.04. Simon Property Group had a return on equity of 74.02% and a net margin of 41.49%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the firm posted $3.56 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis.

Simon Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 9th will be given a dividend of $2.10 per share. This represents a $8.40 annualized dividend and a yield of 5.19%. The ex-dividend date of this dividend is Monday, June 9th. Simon Property Group’s payout ratio is 133.76%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Simon Property Group by 0.6% during the first quarter. Vanguard Group Inc. now owns 45,689,998 shares of the real estate investment trust’s stock valued at $7,588,195,000 after buying an additional 267,503 shares during the period. Norges Bank acquired a new position in Simon Property Group in the 4th quarter worth about $2,059,505,000. Geode Capital Management LLC increased its position 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 during the last quarter. Northern Trust Corp increased its position 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 during the last quarter. Finally, JPMorgan Chase & Co. increased its position 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 during the last quarter. 93.01% of the stock is owned by institutional investors and hedge funds.

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.