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    S

    Simon Property Group Inc (SPG)

    Official site

    REAL ESTATE • REIT - RETAIL • NYSE

    $198.75
    -1.90 (-0.95%)

    Market Cap: $75.43B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    51%(20/39)
    Avg Surprise
    -4.27%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.62
    Range$1.53 - $1.72
    3 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$1.64-0.8%
    60d ago$1.64-0.8%
    30d ago$1.64-1.2%
    7d ago$1.63-0.2%
    Current$1.62
    Revenue Consensus
    $1.7B
    Range$1.6B - $1.7B
    7 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.17
    Range$1.17 - $1.17
    1 analysts
    Revenue Consensus
    $1.9B
    Range$1.8B - $1.9B
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.17---
    Sep 26EST
    		-$1.62---
    Jun 26
    Reported Aug 10
    		$3.29$3.18+3.46%Beat+141.9%
    Mar 26
    Reported May 11
    		$1.22$1.49-18.12%Miss-15.9%
    Dec 25
    Reported Feb 2
    		$1.04$1.97-47.21%Miss-41.9%
    Sep 25
    Reported Nov 3
    		$1.60$1.68-4.76%Miss+9.6%
    Jun 25
    Reported Aug 4
    		$1.36$1.61-15.53%Miss-9.9%
    Mar 25
    Reported May 12
    		$1.45$1.44+0.69%Beat+72.6%
    Dec 24
    Reported Feb 4
    		$1.79$1.85-3.24%Miss+15.5%
    Sep 24
    Reported Nov 1
    		$1.46$1.53-4.58%Miss+22.7%
    Jun 24
    Reported Aug 5
    		$1.51$1.44+4.86%Beat+1.3%
    Mar 24
    Reported May 6
    		$0.84$1.48-43.24%Miss-39.1%
    Dec 23
    Reported Feb 5
    		$1.55$1.84-15.76%Miss+6.2%
    Sep 23
    Reported Oct 30
    		$1.19$1.47-19.05%Miss-16.8%
    Jun 23
    Reported Aug 2
    		$1.49$1.46+2.05%Beat-8.0%
    Mar 23
    Reported May 2
    		$1.38$1.35+2.22%Beat+14.0%
    Dec 22
    Reported Feb 6
    		$1.46$1.77-17.51%Miss-3.9%
    Sep 22
    Reported Nov 1
    		$1.43$1.54-7.14%Miss+21.2%
    Jun 22
    Reported Aug 1
    		$1.62$1.56+3.85%Beat+3.8%
    Mar 22
    Reported May 9
    		$1.21$1.29-6.20%Miss+11.0%
    Dec 21
    Reported Feb 7
    		$1.52$1.45+4.83%Beat+67.0%
    Sep 21
    Reported Nov 1
    		$1.18$1.08+9.26%Beat+145.8%
    Jun 21
    Reported Aug 2
    		$1.56$1.04+50.00%Beat+88.0%
    Mar 21
    Reported May 10
    		$1.09$1.14-4.39%Miss-23.8%
    Dec 20
    Reported Feb 8
    		$0.91$1.07-14.95%Miss-54.3%
    Sep 20
    Reported Nov 9
    		$0.48$0.96-50.00%Miss-72.9%
    Jun 20
    Reported Aug 10
    		$0.83$0.94-11.70%Miss-48.1%
    Mar 20
    Reported May 11
    		$1.43$1.61-11.18%Miss-19.7%
    Dec 19
    Reported Feb 4
    		$1.99$1.55+28.39%Beat+4.2%
    Sep 19
    Reported Oct 30
    		$1.77$1.72+2.91%Beat-1.7%
    Jun 19
    Reported Jul 31
    		$1.60$1.69-5.33%Miss-9.6%
    Mar 19
    Reported Apr 30
    		$1.78$1.65+7.88%Beat+9.9%
    Dec 18
    Reported Feb 1
    		$1.91$1.90+0.53%Beat+3.8%
    Sep 18
    Reported Oct 25
    		$1.80$1.74+3.45%Beat+9.1%
    Jun 18
    Reported Jul 30
    		$1.77$1.64+7.93%Beat+11.3%
    Mar 18
    Reported Apr 27
    		$1.62$1.54+5.19%Beat+5.9%
    Dec 17
    Reported Jan 31
    		$1.84$1.79+2.79%Beat+12.2%
    Sep 17
    Reported Oct 27
    		$1.65$1.62+1.85%Beat-
    Jun 17
    Reported Aug 1
    		$1.59$1.58+0.63%Beat-
    Mar 17
    Reported Apr 27
    		$1.53$1.52+0.66%Beat-
    Dec 16
    Reported Jan 31
    		$1.64$1.82-9.89%Miss-

    Dividends

    Dividend Metrics

    Forward Yield4.53%
    Forward Annual Dividend$9.00
    Payout Ratio69.85%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+7.41%
    5Y CAGR+7.34%
    SPG dividend history and ex-dividend datesRun SPG in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio27.80EV/EBITDA18.52x
    Price/FCF19.99xFCF Yield5.00%
    Profitability
    Profit Margin66.60%Operating Margin46.00%
    ROE120.50%ROIC9.37%
    Financial Health
    Debt/Equity6.47xInterest Coverage2.90x
    Current Ratio1.05xQuick Ratio1.05x
    Trading Statistics
    Beta1.33Avg Volume1.27M
    52-Week High$235.9752-Week Low$164.57

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$200.23
    SMA 20$202.31
    SMA 50$208.88
    SMA 200$201.75
    EMA 10$200.57
    EMA 20$202.32
    EMA 50$206.93
    EMA 200$201.16

    MACD

    Line: -2.59Signal: -2.80Hist: 0.20

    ADX

    ADX: 42.9+DI: 13.8-DI: 25.7

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down84.0
    PSAR$196.90

    Bollinger Bands

    Upper Band$207.34
    Lower Band$197.29
    %B Position497%(Upper)
    Band Width0.15

    RSI (14-Day)

    Neutral
    35.4

    Momentum Oscillators

    Stoch %K37.2
    Stoch %D37.5
    Williams %R-78.9
    ROC (10d)-1.0%
    Momentum-2.01
    CCI (20d)-98.7
    MFI (14d)45.7

    Volatility Measures

    ATR (14d)$3.16(1.6%)
    StdDev (20d)2.51
    Hist Vol12.6%(Low)

    Volume Flow

    VWAP$199.28
    OBV30.5M
    AD Line-1.4B
    CMF (20d)-0.041

    Volume Metrics

    Avg Vol (20d)1.3M
    Vol Ratio1.0x
    VWMA (20d)$202.36

    Pivot Points

    R3$207.26
    R2$205.42
    R1$203.03
    Pivot Point$201.19
    S1$198.80
    S2$196.96
    S3$194.57

    Advanced Oscillators

    TSI-29.58
    Ultimate Osc40.2
    KST-41.64

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.79B$1.76B$1.79B$1.60B$1.50B$1.47B$1.58B$1.48B$1.46B$1.44B$1.53B$1.41B
    Cost of Revenue$204.13M$210.96M$342.28M$25.59M$166.05M$166.96M$-366,771,000$164.13M$155.82M$151.84M$152.22M$159.20M
    Gross Profit$1.59B$1.55B$1.45B$1.58B$1.33B$1.31B$1.95B$1.32B$1.30B$1.29B$1.38B$1.25B
    Operating Expenses$762.37M$783.97M$558.51M$763.06M$588.21M$578.43M$1.11B$548.81M$548.35M$555.57M$583.08M$557.51M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$61.69M$87.53M$53.24M$56.29M$49.96M$43.61M$44.90M$46.95M$52.38M$50.19M$65.75M$50.31M
    Operating Income$824.10M$762.16M$890.67M$812.91M$744.20M$727.62M$835.75M$767.77M$754.10M$735.18M$792.14M$694.23M
    Interest Income$0$0$0$10.40M$0$0$0$0$0$0$0$95.48M
    Interest Expense$281.16M$275.66M$272.33M$242.79M$232.72M$227.00M$227.41M$226.42M$221.34M$230.62M$224.92M$212.21M
    Income Before Tax$530.98M$480.12M$446.04M$575.80M$615.97M$476.63M$99.45M$541.35M$532.76M$919.33M$526.77M$735.70M
    Income Tax Expense$10.81M$-19,934,000$-6,796,000$15.11M$35.11M$-7,637,000$-31,907,000$2.60M$4.96M$47.60M$41.62M$43.22M
    Net Income$630.55M$543.15M$3.56B$702.70M$694.14M$514.63M$717.63M$596.02M$567.03M$848.35M$847.60M$680.76M
    EBITDA$1.31B$1.29B$1.19B$1.18B$1.22B$1.06B$763.28M$1.11B$1.09B$1.47B$1.28B$1.19B
    EBIT$812.15M$755.78M$728.76M$808.19M$848.70M$703.62M$402.68M$767.77M$754.10M$1.15B$937.63M$852.43M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Simon Property Group stock: Piper Sandler cuts target for Simon Property Group stock to USD 254.00

    Piper Sandler has lowered its price target for Simon Property Group (SPG) stock from $285.00 to $254.00, while maintaining an "Overweight" rating. The company is set to report its third-quarter results on November 5...

    ad-hoc-news.de•10/16/26•Somewhat-Bearish

    The Zacks Analyst Blog Highlights Host Hotels & Resorts, Realty Income and Simon Property

    The Zacks Analyst Blog features Host Hotels & Resorts (HST), Realty Income (O), and Simon Property Group (SPG) as three REITs with potential upside for the current earnings season. These companies are identified based...

    The Globe and Mail•10/16/26•Somewhat-Bullish

    The Zacks Analyst Blog Highlights Host Hotels & Resorts, Realty Income and Simon Property

    The Zacks Analyst Blog highlights three REITs—Host Hotels & Resorts (HST), Realty Income (O), and Simon Property Group (SPG)—that are poised for potential upside this earnings season. These companies are identified using...

    Yahoo Finance•10/16/26•Bullish

    Simon Property Group sets its next results date for Simon Property Group stock

    Simon Property Group (SPG) has scheduled its Q3 2026 earnings release for November 5, 2026, after market close...

    ad-hoc-news.de•10/16/26•Neutral

    Simon Property Group Inc. stock outperforms competitors on strong trading day

    Shares of Simon Property Group Inc. (SPG) rallied 2.36% to $203.39 on Thursday, outperforming the broader market. This rise snapped a two-day losing streak for the stock...

    MarketWatch•10/15/26•Bullish

    SPG Valuation and Fair Value

    P/E
    27.8x
    Forward P/E
    30.7x
    EV/EBITDA
    18.5x
    P/FCF
    20.0x
    PEG
    8.7x
    P/B
    14.6x
    See GNG's fair value

    SPG Profitability: Margins, ROIC and FCF

    Gross margin
    88.7%
    Operating margin
    46.0%
    Net margin
    66.6%
    ROIC
    9.4%
    ROE
    120.5%
    FCF margin
    46.4%
    FCF yield
    5.0%

    SPG Competitors

    CompanyTicker
    American Tower CorpAMT
    Vanguard Real Estate Index Fund ETF SharesVNQ
    Equinix IncEQIX
    Digital Realty Trust IncDLR
    Prologis IncPLD
    Public StoragePSA
    Welltower IncWELL
    Realty Income CorporationO

    Sector: Real Estate

    SPG Analyst Ratings

    Consensus
    Hold
    Analysts
    20
    Strong Buy
    1
    Buy
    5
    Hold
    14
    Sell
    0
    Strong Sell
    0

    SPG Bull Case vs Bear Case

    Bull case

    • SPG converts 46.4% of revenue into free cash flow.
    • SPG has a 66.6% net profit margin.
    • SPG grew quarterly revenue 19.5% year over year.

    Bear case

    • SPG beat EPS estimates in 25.0% of its last 8 reported quarters.
    • SPG has a debt-to-equity ratio of 6.5x.

    SPG Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    -11.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.62
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    SPG Dividend

    Forward yield
    4.5%
    Payout ratio
    69.8%
    3Y DPS growth
    7.4%
    5Y DPS growth
    7.3%
    Pay months
    Mar, Jun, Sep, Dec
    SPG dividend history

    Frequently Asked Questions About SPG

    What is SPG's current dividend yield?

    Simon Property Group Inc (SPG) has a forward dividend yield of 4.53%.

    Does SPG pay dividends?

    Yes, Simon Property Group Inc pays dividends with a forward dividend yield of 4.53%.

    What is SPG's P/E ratio?

    Simon Property Group Inc has a price-to-earnings (P/E) ratio of 27.80.

    What is SPG's market cap?

    Simon Property Group Inc (SPG) has a market capitalization of $75.43B with a current stock price of $198.75.

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