--- title: "Simon Property Q2 Real Estate FFO per share rises on leasing demand" type: "News" locale: "en" url: "https://longbridge.com/en/news/295444917.md" datetime: "2026-08-10T20:15:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295444917.md) - [en](https://longbridge.com/en/news/295444917.md) - [zh-HK](https://longbridge.com/zh-HK/news/295444917.md) generator: "portal-rs" --- # Simon Property Q2 Real Estate FFO per share rises on leasing demand ) Overview - U.S. retail REIT’s Q2 Real Estate FFO per share rose 7.9% yr/yr - Net income per share declined from prior year, which included a non-cash after-tax gain Outlook - Simon Property raises 2026 Real Estate FFO per share outlook to $13.20-$13.30 - Company sees 2026 net income per share between $6.47 and $7.47 Result Drivers - LEASING DEMAND - Co said consistent broad-based leasing demand supported Q2 results - RETAILER SALES - Co reported retailer sales per square foot rose 13.9% yr/yr, contributing to performance - RENT GROWTH - Base minimum rent per square foot increased 6.3% yr/yr, aiding revenue Company press release: Key Details Metric Beat/Mis Actual Consensu s s Estimate ### Q2 $1.79 Revenue bln ### Q2 EPS $1.49 ### Q2 $574.13 Consolid mln ated Net Income Analyst Coverage - The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 7 “strong buy” or “buy”, 15 “hold” and no “sell” or “strong sell” - The average consensus recommendation for the commercial reits peer group is “buy” - Wall Street’s median 12-month price target for Simon Property Group Inc is $220.00, about 1.3% below its August 7 closing price of $222.91 - The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 31 three months ago Reuters Recommended Reads - Aug 10 - JBG SMITH Q2 Core FFO falls, net loss widens - Aug 10 - China’s Midea Real Estate interim revenue falls, hurt by real estate technology - Aug 10 - Ryman Hospitality strikes $1.38 billion deal for Grande Lakes Orlando For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.) ### Related Stocks - [SPG.US](https://longbridge.com/en/quote/SPG.US.md) - [JBGS.US](https://longbridge.com/en/quote/JBGS.US.md) - [03990.HK](https://longbridge.com/en/quote/03990.HK.md) - [RHP.US](https://longbridge.com/en/quote/RHP.US.md) - [SPG-J.US](https://longbridge.com/en/quote/SPG-J.US.md) - [SPGSW.US](https://longbridge.com/en/quote/SPGSW.US.md) ## Related News & Research - [4,674 Shares in Simon Property Group, Inc. $SPG Acquired by Trust Co. of Vermont](https://longbridge.com/en/news/296333879.md) - [Are Wall Street Analysts Bullish on Simon Property Stock?](https://longbridge.com/en/news/296359600.md) - [Is Simon Property Group (SPG) Fully Priced Following Raised Guidance And A Higher Dividend?](https://longbridge.com/en/news/296154635.md) - [Simon Property Group declares Q3 2026 distribution of R$ 0.48 per unit](https://longbridge.com/en/news/296644634.md) - [19,456 Shares in Simon Property Group, Inc. $SPG Acquired by B. Metzler seel. Sohn & Co. AG](https://longbridge.com/en/news/296675085.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**