Simon Property Group (SPG) News Today

Simon Property Group (NYSE:SPG) shares moved today after a series of strong Q2 operating results, guidance bumps and analyst notes. Below are the key drivers influencing investor sentiment.

• Positive Sentiment: Q2 EPS of $3.05 topped consensus by $0.01 per share. SPG Q2 EPS Beats
• Positive Sentiment: Raised full-year 2025 EPS guidance to $12.45–$12.65, above the Street’s $12.30 estimate. Updated Guidance
• Positive Sentiment: Q2 FFO beat estimates on higher revenues and occupancy, prompting an upward revision of the guidance midpoint and dividend. FFO Beats Estimates
• Positive Sentiment: Declared a quarterly dividend of $2.15 per share, up 2.4% and yielding about 5.3%. Dividend Increase
• Positive Sentiment: Earnings call highlighted record occupancy rates and strong leasing activity across its portfolio. Earnings Call Highlights
• Positive Sentiment: Guidance was further lifted after robust second-quarter growth in occupancy and same-store net operating income. Guidance Raised
• Neutral Sentiment: An overview piece compiles ratings and price targets from eight analysts, reflecting a range of Buy and Hold opinions. Expert Outlook
• Negative Sentiment: Stifel Nicolaus trimmed its SPG price target slightly from $180 to $179, though it kept a Buy rating. Stifel Lowers Target