Simon Property Group stock trades 14.24 percent below its yearly high

Published on 09/29/2026 at 08:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Simon Property Group stock carries a USD 228.14 consensus target after second-quarter FFO rose 7.9 percent year over year. The 2026 guidance range is USD 13.20-13.30 per share.

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Simon Property Group stock (ISIN US8288061091) was last at USD 204.53 on the NYSE on September 28, 2026, 14.24 percent below its 52-week high of USD 238.50. The latest operating signal is a higher 2026 Real Estate FFO outlook, although the second-quarter GAAP earnings per share figure missed consensus.

Guidance moves higher

According to Trivano, Simon reported second-quarter 2026 revenue of USD 1.79 billion for the period ended June 30, 2026. Real Estate FFO reached USD 1.25 billion, or USD 3.29 per diluted share, up 7.9 percent from USD 3.05 a year earlier.

The company raised its full-year 2026 Real Estate FFO guidance to USD 13.20-13.30 per share from USD 13.10-13.25. The midpoint increased by USD 0.08, giving the guidance change more weight than the headline revenue figure alone.

Earnings and analyst expectations diverge

Yahoo Finance reported that second-quarter Real Estate FFO of USD 3.29 per share exceeded the USD 3.18 consensus estimate by 3.46 percent. Total revenue rose 19.5 percent year over year to USD 1.79 billion, while domestic property NOI increased 8.5 percent to USD 1.51 billion.

The GAAP picture was less favorable. Simon recorded diluted earnings per share of USD 1.49 in the second quarter of 2026, versus USD 1.70 in the year-ago period, and MarketBeat reported a consensus Hold rating with an average 12-month price target of USD 228.14.

Stock remains below its yearly high

Simon Property Group stock was last at USD 204.53 on September 28, 2026 at 4:00 p.m. ET, versus a prior close of USD 204.82, a daily change of -0.14 percent. The session range was USD 203.49 to USD 205.56, with volume of 926,288 shares and market capitalization of USD 66.3 billion.