Simon Reports Third-Quarter Results, Raises 2026 FFO Guidance and Dividend
Simon reported results for the quarter ended September 30, 2026, increased its full-year 2026 real estate FFO-per-share guidance and raised its quarterly dividend.
Story updates
09:06:57 PM UTC
SquawkNews
Simon raised its 2026 Real Estate FFO per diluted share outlook by $0.10 to $13.30—$13.40 and declared a fourth-quarter common dividend of $2.30, up $0.10 or 4.5% year over year.Material DetailsContext by AI AnalystThis is a quarterly earnings update with an increased full-year outlook, following m…
09:34:20 PM UTC
SquawkNews
Simon Property Group, Inc. reported third-quarter 2026 revenue of $1.81 billion, exceeding the FactSet consensus estimate of $1.63 billion. The company reported funds from operations (FFO) of $3.09 per share, compared to the FactSet estimate of $3.31 per share. Alongside the quarterly results, the company increased its full-year 2026 Real Estate FFO guidance to a range of $13.30 to $13.40 per share. Additionally, the company announced an increase to its quarterly dividend. These results reflect the company's ongoing performance as a major operator of shopping, dining, and mixed-use destinations.
INDIANAPOLIS, Nov. 5, 2026 // -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter ended September 30, 2026."We delivered another quarter of excellent financial and…