Simon Property Group, Inc. (SPG) earnings on May 11, 2026
More Simon Property Group, Inc. earnings
Prior outlook: Pessimistic Outcome: Partial
The stock opened lower but turned around to close 2.32% higher, despite some investors betting against it before the results came out.
SPG price around the earnings
205.01
Change: +2.0%
2026-05-12, 23:58 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
Limited upside, analysts cautious on earnings.
Analysts anticipate positive earnings growth for SPG, but the potential for significant price increases appears limited. The company also has a history of not meeting earnings expectations.
Context analyzed before publication
- Summary
- Limited upside, analysts cautious on earnings.
- Reasoning
- Analysts anticipate positive earnings growth for SPG, but the scenario appears limited. The company also has a history of not meeting earnings expectations.
- Playbook
- Given the limited upside and past earnings misses, the scenario suggests waiting for a clearer context of upward momentum before investing.
- Trend
- Recent strength fading, the scenario is shrinking.
Analysts
Drivers
-
Analysts
Neutral
The average price target suggests only a small optimistic scenario for SPG's stock price. Most analysts rate it as equal-weight.
Evidence
- Analysts covering the stock
- 20
- Average price target
- 208.55
- Lowest price target
- 185
- Highest price target
- 250
- Upside to price target
- 4.1%
- Quarterly earnings growth
- 356.4%
- Revenue growth
- 13.2%
- Forward EPS
- 6.91
- Trailing EPS
- 14.17
- Analyst moves in the last 60 days
- 2
- Strong buy: 1
- Buy: 8
- Hold: 12
- Sell: 0
- Strong sell: 0
- Strong buy
- 1
- Buy
- 8
- Hold
- 12
- Sell
- 0
- Strong sell
- 0
- April 13, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- March 24, 2026 · Scotiabank: Maintains rating (Sector Perform → Sector Perform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (1)
- Barclays Maintains Equal-Weight on Simon Property Group, Raises Price Target to $201 — Benzinga
Technicals
Drivers
-
Technical
Negative
SPG's recent stock performance has lagged behind the broader market, and it is facing resistance near current price levels with weakening momentum.
Evidence
- Average true range (ATR)
- 1.5%
- Distance to 52-week high
- -3.8%
- 14-day change (14d)
- -0.7%
- 30-day change
- +9.8%
- 30-day relative strength
- -6.7%
- Benchmark change
- +16.5%
- Nearest support
- 181.88
- Nearest resistance
- 208.26
- Volume accumulation ratio
- 0.78
Trends
Evidence
- Average earnings surprise
- -16.5%
- February 2, 2026: actual EPS 1.04 vs estimate 1.97 (surprise -47.1%)
- November 3, 2025: actual EPS 1.6 vs estimate 1.68 (surprise -4.7%)
- August 4, 2025: actual EPS 1.36 vs estimate 1.61 (surprise -15.5%)
- May 12, 2025: actual EPS 1.45 vs estimate 1.44 (surprise +1.1%)
Expected move
Drivers
-
Past earnings
Negative
SPG has missed earnings expectations in the past, with a low beat rate and significant negative surprises.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.3%
- 75th percentile move
- 4.6%
- 90th percentile move
- 5.2%
- Up / down moves
- 11 / 8
- Average up move
- +3.7%
- Average down move
- -3.3%
Monitoring and close
What Simon Property Group, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Partial
- Consolidated
- +2.3%
- Max favorable move (MFE)
- 1.5%
- Max adverse move (MAE)
- 2.6%