Gekko Brief
AI summaryNov 4 close
Simon Property heads into its Q3 2026 earnings report, due 5 November, with attention on whether strong leasing activity, FFO growth and rising rents can offset increasing debt costs. Analysts project FFO of $3.31 per share and revenue of $1.66 billion for the quarter, with separate estimates citing $3.32 per share and $1.73 billion in revenue for the period ahead. Coverage also notes the stock's recent momentum heading into the print, alongside routine seasonal-return charts tracking the shares across several listings.
Shares closed at $228.50, up 2.9%, sitting above both the 50-day average of $207.51 and the 200-day average of $206.50, with the 50-day above the 200-day. The GekkoIndex reads 42.3, placing SPG in the Distribution zone, down 11 points over the last five readings. The price sits 2.3% above Gekko Fair Value of $223.37.
Earnings arrive after the close on 5 November, zero days away, placing the report inside the next 20-trading-day stretch; the prior quarter saw an EPS beat of $3.29 versus $3.18 estimated, with a -1.5% reaction, and SPG has beaten in 5 of the last 8 quarters with an average absolute move of 2.5%. Over the last 90 days, insiders made 3 open-market purchases totaling $242,727, and one billionaire holder is recorded. Seasonally, the next 20 trading days have averaged a 1.5% return over 5 years, positive in 3 of them. Analyst consensus across 15 firms shows 3 buy and 12 hold ratings, with a consensus target of $228.89.