HighGravityData

Simon Property Group

Guidance from Simon Property Group’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Current guidance
33 items
Releases tracked
8
Latest release
Aug 10, 2026
Data checked
Aug 10, 2026
On this page:Latest changes·Current guidance·Your sector group·History

What changed in the Aug 10, 2026 release

Each item compared with the same item in the previous release (May 11, 2026). Values in quotation marks are the company’s words.

New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
ChangeMetricPeriodPreviousNowSource
NewDevelopment Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investmentfor FY2027—“$193,136”Filing ↗
NewDevelopment Activity Summary — The Mills Redevelopments: Forecasted Investmentfor FY2027—“$7,058”Filing ↗
NewDevelopment Activity Summary — Total Investment: Forecasted Investmentfor FY2027—“$200,194”Filing ↗
LoweredEstimated net income attributable to common stockholders per diluted shareNo period stated“$6.61”“$6.47”Filing ↗
NewDevelopment Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investmentfor Q3 FY2026—“$234,919”Filing ↗
NewDevelopment Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investmentfor FY2026—“$419,786”Filing ↗
NewDevelopment Activity Summary — Malls and Premium Outlets Redevelopments: Total Forecasted Investmentfor FY2026—“$612,922”Filing ↗
NewDevelopment Activity Summary — The Mills Redevelopments: Forecasted Investmentfor Q3 FY2026—“$2,934”Filing ↗
NewDevelopment Activity Summary — The Mills Redevelopments: Forecasted Investmentfor FY2026—“$4,169”Filing ↗
NewDevelopment Activity Summary — The Mills Redevelopments: Total Forecasted Investmentfor FY2026—“$11,227”Filing ↗
NewDevelopment Activity Summary — Total Investment: Forecasted Investmentfor Q3 FY2026—“$237,853”Filing ↗
NewDevelopment Activity Summary — Total Investment: Forecasted Investmentfor FY2026—“$423,955”Filing ↗
NewDevelopment Activity Summary — Total Investment: Total Forecasted Investmentfor FY2026—“$624,149”Filing ↗
NewEstimated Real Estate FFO per diluted share (full year outlook)for FY2026—“$13.20 to $13.30”Filing ↗
NewDevelopment Activity Summary — Malls and Premium Outlets Redevelopments: Expected Stabilized Rate of Returnfor the long term—“9%”Filing ↗
NewDevelopment Activity Summary — The Mills Redevelopments: Expected Stabilized Rate of Returnfor the long term—“15%”Filing ↗
NewEstimated Real Estate FFO per shareNo period stated—“$13.20”Filing ↗
Show 16 items not restated in this release
ChangeMetricPeriodPreviousNowSource
Not restatedEstimated net income attributable to common stockholders per diluted sharefor FY2026“$6.87 to $7.12”—Filing ↗
Not restatedNet incomefor FY2026“$6.87 to $7.12 per diluted share”—Filing ↗
Not restatedDevelopment Activity Summary - Malls Redevelopments, Forecasted Investment (our share, in thousands)for FY2026“$392,111”—Filing ↗
Not restatedDevelopment Activity Summary - Premium Outlets Redevelopments, Forecasted Investment (our share, in thousands)for FY2026“$6,191”—Filing ↗
Not restatedDevelopment Activity Summary - The Mills Redevelopments, Forecasted Investment (our share, in thousands)for FY2026“$11,472”—Filing ↗
Not restatedDevelopment Activity Summary - Total Investment, Forecasted (our share, in thousands)for FY2026“$409,774”—Filing ↗
Not restatedDevelopment Activity Summary - Total Net Cash Investment, Forecasted (our share, in thousands)for FY2026“$348,112”—Filing ↗
Not restatedMalls - Redevelopments: Expected Stabilized Rate of Returnfor the long term“8%”—Filing ↗
Not restatedMalls - Redevelopments: Our Share of Net Investmentfor the long term“$1,004,036”—Filing ↗
Not restatedPremium Outlets - New Developments: Expected Stabilized Rate of Returnfor the long term“8%”—Filing ↗
Not restatedPremium Outlets - New Developments: Our Share of Net Investmentfor the long term“$184,626”—Filing ↗
Not restatedPremium Outlets - Redevelopments: Our Share of Net Investmentfor the long term“$57,924”—Filing ↗
Not restatedReal Estate FFO per diluted shareNo period stated“$13.00”—Filing ↗
Not restatedThe Mills - Redevelopments: Our Share of Net Investmentfor the long term“$37,867”—Filing ↗
Not restatedTotal Investment: Our Share of Net Investmentfor the long term“$1,284,453”—Filing ↗
Not restatedTotal Net Cash Investmentfor the long term“$1,078,416”—Filing ↗

Current guidance

Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.

Current fiscal year
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Estimated net income attributable to common stockholders per diluted share“$6.87 to $7.12”for FY2026GAAP-tiedFeb 2, 20261Filing ↗
Net income“$6.87 to $7.12 per diluted share”for FY2026GAAP-tiedFeb 2, 20261Filing ↗
Development Activity Summary - Malls Redevelopments, Forecasted Investment (our share, in thousands)“$392,111”for FY2026Company-definedNov 3, 20251Filing ↗
Development Activity Summary - Premium Outlets Redevelopments, Forecasted Investment (our share, in thousands)“$6,191”for FY2026Company-definedNov 3, 20251Filing ↗
Development Activity Summary - The Mills Redevelopments, Forecasted Investment (our share, in thousands)“$11,472”for FY2026Company-definedNov 3, 20251Filing ↗
Development Activity Summary - Total Investment, Forecasted (our share, in thousands)“$409,774”for FY2026Company-definedNov 3, 20251Filing ↗
Development Activity Summary - Total Net Cash Investment, Forecasted (our share, in thousands)“$348,112”for FY2026Company-definedNov 3, 20251Filing ↗
Development Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investment“$234,919”for Q3 FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investment“$419,786”for FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — Malls and Premium Outlets Redevelopments: Total Forecasted Investment“$612,922”for FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — The Mills Redevelopments: Forecasted Investment“$2,934”for Q3 FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — The Mills Redevelopments: Forecasted Investment“$4,169”for FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — The Mills Redevelopments: Total Forecasted Investment“$11,227”for FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — Total Investment: Forecasted Investment“$237,853”for Q3 FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — Total Investment: Forecasted Investment“$423,955”for FY2026Company-definedAug 10, 20261Filing ↗
Development Activity Summary — Total Investment: Total Forecasted Investment“$624,149”for FY2026Company-definedAug 10, 20261Filing ↗
Estimated Real Estate FFO per diluted share“$13.10 to $13.25”for FY2026GAAP-tiedFeb 2, 20262Filing ↗
Estimated Real Estate FFO per diluted share (full year outlook)“$13.20 to $13.30”for FY2026GAAP-tiedAug 10, 20261Filing ↗
Quarterly common stock dividend“$2.25”for Q3 FY2026Declared actionAug 10, 20261Filing ↗
Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock (SPGPrJ)“$1.046875 per share”for Q3 FY2026Declared actionAug 10, 20261Filing ↗
Next year and medium term
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Development Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investment“$193,136”for FY2027Company-definedAug 10, 20261Filing ↗
Development Activity Summary — The Mills Redevelopments: Forecasted Investment“$7,058”for FY2027Company-definedAug 10, 20261Filing ↗
Development Activity Summary — Total Investment: Forecasted Investment“$200,194”for FY2027Company-definedAug 10, 20261Filing ↗
Long term
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Development Activity Summary — Malls and Premium Outlets Redevelopments: Expected Stabilized Rate of Return“9%”for the long termCompany-definedAug 10, 20261Filing ↗
Development Activity Summary — The Mills Redevelopments: Expected Stabilized Rate of Return“15%”for the long termCompany-definedAug 10, 20261Filing ↗
Malls - Redevelopments: Expected Stabilized Rate of Return“8%”for the long termCompany-definedFeb 4, 20251Filing ↗
Malls - Redevelopments: Our Share of Net Investment“$1,004,036”for the long termCompany-definedFeb 4, 20251Filing ↗
Premium Outlets - New Developments: Expected Stabilized Rate of Return“8%”for the long termCompany-definedFeb 4, 20251Filing ↗
Premium Outlets - New Developments: Our Share of Net Investment“$184,626”for the long termCompany-definedFeb 4, 20251Filing ↗
Premium Outlets - Redevelopments: Expected Stabilized Rate of Return“10%”for the long termCompany-definedFeb 4, 20251Filing ↗
Premium Outlets - Redevelopments: Our Share of Net Investment“$57,924”for the long termCompany-definedFeb 4, 20251Filing ↗
The Mills - Redevelopments: Expected Stabilized Rate of Return“15%”for the long termCompany-definedFeb 4, 20251Filing ↗
The Mills - Redevelopments: Our Share of Net Investment“$37,867”for the long termCompany-definedFeb 4, 20251Filing ↗
Total Investment: Our Share of Net Investment“$1,284,453”for the long termCompany-definedFeb 4, 20251Filing ↗
Total Net Cash Investment“$1,078,416”for the long termCompany-definedFeb 4, 20251Filing ↗
No period stated
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock“$1.046875 per share”—Declared actionNov 1, 20246Filing ↗

How one item moved

Estimated net income attributable to common stockholders per diluted share, No period stated — every statement across the year, each linked to its filing.

May 12, 2025
New
“$6.67”
Aug 4, 2025
Lowered
“$6.63”
Nov 3, 2025
Raised
“$6.74”
Feb 2, 2026
Raised
“$6.87”

How your Logistics & diversified REITs sector group guides

12 companies in Logistics & diversified REITs. What they guide on, and who reported this season.

Most-guided metric families
GAAP EPS
11
Dividends
8
Revenue
7
Capex
6
Buybacks
6
Adjusted EBITDA
5
Interest expense
4
Same-store sales
3
This season’s releases
PrologisOct 15, 202618 changes
Simon Property GroupAug 10, 202617 changes
Realty IncomeAug 5, 20268 changes
EquinixJul 29, 202626 changes
Public StorageJul 29, 202619 changes
VentasJul 29, 202614 changes
American TowerJul 28, 202639 changes
Extra Space StorageJul 28, 20266 changes
Get this for your own peer set — Peer Guidance Briefing, $3,000.

Full history

Every metric, every release, eight quarters — the complete record as one table.

MetricFY2027FY2026FY2025FY2024Long-termNo period
Estimated net income attributable to common stockholders per diluted share—1 statement—1 statement—6 statements
Estimated net income attributable to common stockholders per diluted share——1 statement———
Estimated net income per diluted share——1 statement1 statement——
Net income—1 statement————
Depreciation and amortization including Simon's share of unconsolidated entities (High End)———1 statement——
The full record for Simon Property Group and its Logistics & diversified REITs peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.

Filings

The 8 earnings releases this page is built from.

FiledFiscal periodAccessionGuidance items
Aug 10, 2026FY2026 Q20001104659-26-09336120Open filing ↗
May 11, 2026FY2026 Q10001104659-26-0586466Open filing ↗
Feb 2, 2026FY2025 Q40001104659-26-0092097Open filing ↗
Nov 3, 2025FY2025 Q30001104659-25-10554529Open filing ↗
Aug 4, 2025FY2025 Q20001104659-25-0736305Open filing ↗
May 12, 2025FY2025 Q10001104659-25-0472995Open filing ↗
Feb 4, 2025FY2024 Q40001104659-25-00910529Open filing ↗
Nov 1, 2024FY2024 Q30001104659-24-11327211Open filing ↗

Not located in filing

2 values were detected in these releases but could not be matched to an exact sentence in the filing body, so they are not shown as guidance. We surface the count rather than drop it silently.

Show the 2 unmatched spans
SpanWhyFiled
Depreciation and amortization including Simon's share of unconsolidated entities (Low End) = $5.45span gate: value not verbatim in filingFeb 4, 2025
Depreciation and amortization including Simon's share of unconsolidated entities (High End) = $5.45span gate: value not verbatim in filingFeb 4, 2025
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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