Simon Property Group (NYSE:SPG) Announces Quarterly Earnings Results, Beats Expectations By $5.89 EPS

Market Beat
2026.02.02 21:33
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Simon Property Group (NYSE:SPG) reported quarterly earnings of $9.35 EPS, exceeding expectations by $5.89. The firm achieved a revenue of $1.79 billion, surpassing the $1.50 billion estimate. The company has a return on equity of 79.30% and a net margin of 38.18%. Despite a slight stock decline of 0.1%, analysts maintain a consensus rating of "Hold" with an average price target of $194.64. Recent insider transactions show increased ownership by directors, and institutional investors hold 93.01% of the stock.