Simon Property Group raises 2026 earnings forecast after strong Q2 results with 7.9% FFO growth.

Simon Property Group reported strong financial results for Q2 2026, with Real Estate Funds From Operations (FFO) per share rising 7.9% year-over-year, driven by robust leasing demand, increased shopper traffic, and acquisitions. Net income was $483.1 million, slightly down from last year due to a prior non-cash gain, but operating income and portfolio net operating income grew significantly. The company increased its full-year 2026 Real Estate FFO per share guidance to $13.20-$13.30 and declared a 4.7% higher quarterly dividend. Simon also maintained high occupancy rates and strong retailer sales per square foot, signaling continued operational strength and investor confidence.