SPG
Simon Property GroupPrevious close
217.75
Change
+2.03 / +0.94%
P/E (TTM) ?
15.3
Market Cap
$70.6B
1M
+8.46%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.7M / 1.0M
1.61× average
Latest earnings analysisFY2026 Q2Reported 2026-08-10
Simon Property Q2 2026: Real Estate FFO per share up 7.9%, guidance raised
Simon Property's quarter was strong where it counts for a landlord: revenue rose 19.5% to $1.79 billion and Real Estate FFO per share rose 7.9% to $3.29, and management raised full-year guidance. GAAP net income fell 13.1% to $483.1 million, or $1.49 a share, but that drop lines up with a $0.21 per share non-cash investment gain booked in last year's quarter.
Read the full analysis →Revenue$1.79BYoY +19.50%
EPS (non-GAAP)$3.29Beatest. $1.69
Next-day move−0.46%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-10 | $1.8B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-11 | $1.8B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-02 | $1.8B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-11-03 | $1.6B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-04 | $1.5B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-12 | $1.5B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 17 of its 5-year rangeCheap
5-year range 14.1 – 27.8 · Median 21.2
Last 4 quarters: $336M in buybacks + $0 in dividends, 0.48% of market cap combined
P/E (TTM)
15.3
P/B
15.9
P/S
10.2
Dividend Yield
6.29%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.8% on average on the first trading day after, rising 3 times
Most recent −0.46%
Volatility & Correlation
1-year beta 0.19 · Correlation with S&P 500 0.12Low beta
Annualized volatility 19% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 11 · $0.46MSell 0 · $0.00MNet buying $0.46M
- 09-30Aeppel GlynDirectorBuy$0.05M222 shares · Avg price 202.78
- 09-30Cicco Martin JDirectorBuy$0.00M15 shares · Avg price 202.78
- 09-30GLASSCOCK LARRY CDirectorBuy$0.07M367 shares · Avg price 202.78
- 09-30Jones Nina PDirectorBuy$0.01M46 shares · Avg price 202.78
- 09-30LEIBOWITZ REUBEN SDirectorBuy$0.10M480 shares · Avg price 202.78
- 09-30LEWIS RANDALL JDirectorBuy$0.01M65 shares · Avg price 202.78
- 09-30RODKIN GARY MDirectorBuy$0.05M232 shares · Avg price 202.78
- 09-30SELIG STEFAN MDirectorBuy$0.04M208 shares · Avg price 202.78
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 1.79 | +19.5% | — | — | 1.49 |
| FY2026 Q1 | 1.76 | +19.3% | — | — | 1.48 |
| FY2025 Q4 | 1.79 | +13.2% | — | — | 9.35 |
| FY2025 Q3 | 1.60 | +8.2% | — | — | 1.86 |
| FY2025 Q2 | 1.50 | +2.8% | — | — | 1.70 |
| FY2025 Q1 | 1.47 | +2.1% | — | — | 1.27 |
| FY2024 Q4 | 1.58 | +3.6% | — | — | 2.04 |
| FY2024 Q3 | 1.48 | +4.9% | — | — | 1.46 |
| FY2024 Q2 | 1.46 | +6.5% | — | — | 1.51 |
| FY2024 Q1 | 1.44 | +6.8% | — | — | 2.25 |
| FY2023 Q4 | 1.53 | +9.1% | — | — | 2.29 |
| FY2023 Q3 | 1.41 | +7.2% | — | — | 1.82 |