Simon Property Group reported second-quarter 2026 Real Estate FFO of $3.29 per diluted share, up 7.9% from a year earlier, and raised its full-year 2026 Real Estate FFO per share guidance to a range of $13.20 to $13.30, an increase of $0.08 at the midpoint. Net income attributable to common stockholders was $483.1 million, or $1.49 per diluted share, compared with $556.1 million, or $1.70 per diluted share, in the prior-year period, which included a $0.21 per share non-cash after-tax gain. Domestic property net operating income rose 8.5% and portfolio NOI increased 8.3% year-over-year. The company also declared a quarterly common stock dividend of $2.25 per share, a 4.7% increase, and repurchased $211.4 million of common stock and limited partnership units during the quarter.
Simon Property Group IncRaises full-year FFO guidance and beats Q2 estimates, with dividend increase and buybacks.
