Simon Property Group stock reports Q2 earnings miss
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Simon Property Group stock was trading at USD 204.74 on the NYSE on September 23, 2026, down 0.59 percent during the session and 14.2 percent below its 52-week high of USD 238.50. The latest operating picture combines strong revenue growth with an earnings miss in the second quarter. Simon Property Group reported Q2 2026 revenue of USD 1.79 billion, up 19.5 percent from the prior-year quarter and above the USD 1.61 billion consensus estimate, according to MarketBeat. Reported EPS was USD 1.49, below the USD 1.64 consensus and the USD 1.70 recorded in the same quarter of 2025. The comparison matters because the top line exceeded expectations by USD 180 million, while earnings fell USD 0.15 short of consensus. For investors, that split puts operating demand and financing costs on different sides of the equation. Real estate FFO rose to USD 3.29 per share in Q2 2026 from USD 3.05 a year earlier, an increase of 7.9 percent, according to The Globe and Mail. Portfolio NOI increased 8.3 percent, while domestic property NOI advanced 8.5 percent during the quarter. Simon declared a Q3 dividend of USD 2.25 per share, up 4.7 percent year over year. The payment is scheduled for September 30, 2026, and the annualized dividend is USD 9.00 per share. Simon Property Group agreed on September 9, 2026, to sell USD 800 million of senior notes, consisting of USD 400 million due in 2032 and...
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