HighGravityDataSigned in · PRO
Guidance history, every release
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
| Metric | Nov 1, 2024 FY24 Q3 | Feb 4, 2025 FY24 Q4 | May 12, 2025 FY25 Q1 | Aug 4, 2025 FY25 Q2 | Nov 3, 2025 FY25 Q3 | Feb 2, 2026 FY25 Q4 | May 11, 2026 FY26 Q1 | Aug 10, 2026 FY26 Q2 |
|---|---|---|---|---|---|---|---|---|
| For FY2027 | ||||||||
| Development Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investment | — | — | — | — | — | — | — | New“$193,136” |
| Development Activity Summary — The Mills Redevelopments: Forecasted Investment | — | — | — | — | — | — | — | New“$7,058” |
| Development Activity Summary — Total Investment: Forecasted Investment | — | — | — | — | — | — | — | New“$200,194” |
| For FY2026 | ||||||||
| Estimated net income attributable to common stockholders per diluted share | — | — | — | — | — | New“$6.87 to $7.12” | — | — |
| Net income | — | — | — | — | — | New“$6.87 to $7.12 per diluted share” | — | — |
| Development Activity Summary - Malls Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$392,111” | — | — | — |
| Development Activity Summary - Premium Outlets Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$6,191” | — | — | — |
| Development Activity Summary - The Mills Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$11,472” | — | — | — |
| Development Activity Summary - Total Investment, Forecasted (our share, in thousands) | — | — | — | — | New“$409,774” | — | — | — |
| Development Activity Summary - Total Net Cash Investment, Forecasted (our share, in thousands) | — | — | — | — | New“$348,112” | — | — | — |
| Development Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investment | — | — | — | — | — | — | — | New“$234,919” |
| Development Activity Summary — Malls and Premium Outlets Redevelopments: Forecasted Investment | — | — | — | — | — | — | — | New“$419,786” |
| Development Activity Summary — Malls and Premium Outlets Redevelopments: Total Forecasted Investment | — | — | — | — | — | — | — | New“$612,922” |
| Development Activity Summary — The Mills Redevelopments: Forecasted Investment | — | — | — | — | — | — | — | New“$2,934” |
| Development Activity Summary — The Mills Redevelopments: Forecasted Investment | — | — | — | — | — | — | — | New“$4,169” |
| Development Activity Summary — The Mills Redevelopments: Total Forecasted Investment | — | — | — | — | — | — | — | New“$11,227” |
| Development Activity Summary — Total Investment: Forecasted Investment | — | — | — | — | — | — | — | New“$237,853” |
| Development Activity Summary — Total Investment: Forecasted Investment | — | — | — | — | — | — | — | New“$423,955” |
| Development Activity Summary — Total Investment: Total Forecasted Investment | — | — | — | — | — | — | — | New“$624,149” |
| Estimated Real Estate FFO per diluted share | — | — | — | — | — | New“$13.00 to $13.25” | Narrowed“$13.10 to $13.25” | — |
| Estimated Real Estate FFO per diluted share (full year outlook) | — | — | — | — | — | — | — | New“$13.20 to $13.30” |
| Quarterly common stock dividend | — | — | — | — | — | — | — | New“$2.25” |
| Quarterly common stock dividend | — | — | — | — | — | — | New“$2.25” | — |
| Quarterly common stock dividend | — | — | — | — | — | New“$2.20” | — | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock (NYSE: SPGPrJ) | — | — | — | — | — | — | New“$1.046875 per share” | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock (SPGPrJ) | — | — | — | — | — | — | — | New“$1.046875 per share” |
| For FY2025 | ||||||||
| Estimated net income attributable to common stockholders per diluted share | — | New“$6.95” – “$7.20” | — | — | — | — | — | — |
| Estimated net income per diluted share | — | New“$6.95 to $7.20” | — | — | — | — | — | — |
| Development Activity Summary - Malls Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$116,921” | — | — | — |
| Development Activity Summary - Malls Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$369,615” | — | — | — |
| Development Activity Summary - Malls Redevelopments, Forecasted Total Investment (our share, in thousands) | — | — | — | — | New“$761,726” | — | — | — |
| Development Activity Summary - Premium Outlets New Developments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$1,380” | — | — | — |
| Development Activity Summary - Premium Outlets New Developments, Forecasted Total Investment (our share, in thousands) | — | — | — | — | New“$13,163” | — | — | — |
| Development Activity Summary - Premium Outlets Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$3,095” | — | — | — |
| Development Activity Summary - Premium Outlets Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$7,331” | — | — | — |
| Development Activity Summary - Premium Outlets Redevelopments, Forecasted Total Investment (our share, in thousands) | — | — | — | — | New“$13,522” | — | — | — |
| Development Activity Summary - The Mills Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$10,218” | — | — | — |
| Development Activity Summary - The Mills Redevelopments, Forecasted Investment (our share, in thousands) | — | — | — | — | New“$24,916” | — | — | — |
| Development Activity Summary - The Mills Redevelopments, Forecasted Total Investment (our share, in thousands) | — | — | — | — | New“$36,388” | — | — | — |
| Development Activity Summary - Total Investment, Forecasted (our share, in thousands) | — | — | — | — | New“$131,614” | — | — | — |
| Development Activity Summary - Total Investment, Forecasted (our share, in thousands) | — | — | — | — | New“$415,025” | — | — | — |
| Development Activity Summary - Total Investment, Forecasted Total (our share, in thousands) | — | — | — | — | New“$824,799” | — | — | — |
| Development Activity Summary - Total Net Cash Investment, Forecasted (our share, in thousands) | — | — | — | — | New“$128,830” | — | — | — |
| Development Activity Summary - Total Net Cash Investment, Forecasted (our share, in thousands) | — | — | — | — | New“$390,103” | — | — | — |
| Development Activity Summary - Total Net Cash Investment, Forecasted Total (our share, in thousands) | — | — | — | — | New“$738,215” | — | — | — |
| Estimated Real Estate FFO and Estimated FFO per diluted share | — | New“$12.40” – “$12.65” | — | — | — | — | — | — |
| Estimated Real Estate FFO and FFO per diluted share | — | New“$12.40 to $12.65” | — | — | — | — | — | — |
| Estimated Real Estate FFO per diluted share | — | — | — | New“$12.45 to $12.65” | Raised“$12.60 to $12.70” | — | — | — |
| Malls - Redevelopments: Forecasted Investment | — | New“$535,803” | — | — | — | — | — | — |
| Premium Outlets - New Developments: Forecasted Investment | — | New“$37,134” | — | — | — | — | — | — |
| Premium Outlets - Redevelopments: Forecasted Investment | — | New“$4,004” | — | — | — | — | — | — |
| Quarterly common stock dividend | — | — | — | — | New“$2.20” | — | — | — |
| Quarterly common stock dividend | — | — | — | New“$2.15” | — | — | — | — |
| Quarterly common stock dividend | — | — | New“$2.10” | — | — | — | — | — |
| Quarterly common stock dividend | — | New“$2.10” | — | — | — | — | — | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock | — | — | — | New“$1.046875 per share” | — | — | — | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock | — | — | New“$1.046875 per share” | — | — | — | — | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock (NYSE: SPGPrJ) | — | New“$1.046875 per share” | — | — | — | — | — | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock (SPGPrJ) | — | — | — | — | New“$1.046875 per share” | — | — | — |
| Real Estate FFO | — | — | — | — | New“$12.60 to $12.70 per diluted share” | — | — | — |
| Real Estate FFO per diluted share | — | — | New“$12.40 to $12.65 per diluted share” | — | — | — | — | — |
| The Mills - Redevelopments: Forecasted Investment | — | New“$32,915” | — | — | — | — | — | — |
| Total Investment: Forecasted Investment | — | New“$609,856” | — | — | — | — | — | — |
| Total Net Cash Investment: Forecasted | — | New“$552,117” | — | — | — | — | — | — |
| For FY2024 | ||||||||
| Estimated net income attributable to common stockholders per diluted share | New“$7.18” – “$7.28” | — | — | — | — | — | — | — |
| Net income per diluted share | New“$7.18 to $7.28” | — | — | — | — | — | — | — |
| Depreciation and amortization including Simon's share of unconsolidated entities (High End) | New“5.50” | — | — | — | — | — | — | — |
| Estimated FFO per diluted share | New“$12.66” – “$12.76” | — | — | — | — | — | — | — |
| Estimated FFO per diluted share, excluding unrealized losses in fair value adjustments of the Klépierre exchangeable bonds and publicly traded equity instruments, net | New“$12.80” – “$12.90” | — | — | — | — | — | — | — |
| FFO per diluted share | New“$12.80 to $12.90” | — | — | — | — | — | — | — |
| Gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interest in unconsolidated entities and impairment, net (High End) | New“(0.02)” | — | — | — | — | — | — | — |
| Malls - Redevelopments: Forecasted Total Investment | — | New“$807,958” | — | — | — | — | — | — |
| Premium Outlets - New Developments: Forecasted Total Investment | — | New“$117,383” | — | — | — | — | — | — |
| Premium Outlets - Redevelopments: Forecasted Total Investment | — | New“$40,504” | — | — | — | — | — | — |
| Quarterly common stock dividend | New“$2.10” | — | — | — | — | — | — | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock (NYSE: SPGPrJ) | New“$1.046875 per share” | — | — | — | — | — | — | — |
| The Mills - Redevelopments: Forecasted Total Investment | — | New“$37,365” | — | — | — | — | — | — |
| Total Investment: Forecasted Total Investment | — | New“$1,003,210” | — | — | — | — | — | — |
| Total Net Cash Investment: Forecasted Total | — | New“$858,804” | — | — | — | — | — | — |
| Unrealized losses in fair value adjustments of the Klépierre exchangeable bonds and publicly traded equity instruments, net (High End) | New“0.14” | — | — | — | — | — | — | — |
| No period stated | ||||||||
| Estimated net income attributable to common stockholders per diluted share | — | — | New“$6.67” | Lowered“$6.63” | Raised“$6.74” | Raised“$6.87” | Lowered“$6.61” | Lowered“$6.47” |
| Development Activity Summary — Malls and Premium Outlets Redevelopments: Expected Stabilized Rate of Return | — | — | — | — | — | — | — | New“9%” |
| Development Activity Summary — The Mills Redevelopments: Expected Stabilized Rate of Return | — | — | — | — | — | — | — | New“15%” |
| Estimated Real Estate FFO per diluted share | — | — | New“$12.40” | Raised“$12.45” | Raised“$12.60” | — | Raised“$13.10” | — |
| Estimated Real Estate FFO per share | — | — | — | — | — | — | — | New“$13.20” |
| Malls - Redevelopments: Expected Stabilized Rate of Return | — | New“8%” | — | — | — | — | — | — |
| Malls - Redevelopments: Our Share of Net Investment | — | New“$1,004,036” | — | — | — | — | — | — |
| Premium Outlets - New Developments: Expected Stabilized Rate of Return | — | New“8%” | — | — | — | — | — | — |
| Premium Outlets - New Developments: Our Share of Net Investment | — | New“$184,626” | — | — | — | — | — | — |
| Premium Outlets - Redevelopments: Expected Stabilized Rate of Return | — | New“10%” | — | — | — | — | — | — |
| Premium Outlets - Redevelopments: Our Share of Net Investment | — | New“$57,924” | — | — | — | — | — | — |
| Quarterly dividend on 8 3/8% Series J Cumulative Redeemable Preferred Stock | New“$1.046875 per share” | Reiterated“$1.046875 per share” | — | — | Reiterated“$1.046875 per share” | Reiterated“$1.046875 per share” | Reiterated“$1.046875 per share” | Reiterated“$1.046875 per share” |
| Real Estate FFO per diluted share | — | — | — | — | — | New“$13.00” | — | — |
| The Mills - Redevelopments: Expected Stabilized Rate of Return | — | New“15%” | — | — | — | — | — | — |
| The Mills - Redevelopments: Our Share of Net Investment | — | New“$37,867” | — | — | — | — | — | — |
| Total Investment: Our Share of Net Investment | — | New“$1,284,453” | — | — | — | — | — | — |
| Total Net Cash Investment | — | New“$1,078,416” | — | — | — | — | — | — |
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.