Regency Centers Corporation (NASDAQ:REG – Get Free Report) has received a consensus rating of “Moderate Buy” from the eighteen brokerages that are covering the firm, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $83.21.
Several research analysts have recently issued reports on REG shares. Argus set a $85.00 price objective on shares of Regency Centers in a report on Monday, August 10th. JPMorgan Chase & Co. raised Regency Centers from a “neutral” rating to an “overweight” rating and set a $83.00 target price on the stock in a report on Thursday, September 24th. The Goldman Sachs Group set a $83.00 target price on Regency Centers in a research report on Thursday, September 24th. Scotiabank decreased their price target on Regency Centers from $82.00 to $81.00 and set a “sector perform” rating for the company in a research note on Thursday, September 17th. Finally, Mizuho decreased their price target on Regency Centers from $82.00 to $76.00 and set a “neutral” rating for the company in a research note on Thursday, September 24th.
Check Out Our Latest Stock Analysis on REG
Regency Centers Price Performance
Shares of NASDAQ REG opened at $72.41 on Tuesday. The stock has a market cap of $13.26 billion, a P/E ratio of 24.55, a P/E/G ratio of 4.39 and a beta of 0.80. The firm’s 50-day simple moving average is $74.14 and its 200 day simple moving average is $77.34. Regency Centers has a fifty-two week low of $66.86 and a fifty-two week high of $83.66. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71.
Regency Centers (NASDAQ:REG – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The firm had revenue of $413.51 million during the quarter, compared to analyst estimates of $411.07 million. During the same quarter in the prior year, the firm posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts expect that Regency Centers will post 4.86 EPS for the current year.
Regency Centers Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 11th were paid a $0.7550 dividend. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, September 11th. Regency Centers’s payout ratio is currently 102.37%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of REG. Elevation Wealth Partners LLC lifted its holdings in Regency Centers by 541.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 481 shares of the company’s stock valued at $38,000 after acquiring an additional 406 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Regency Centers in the 2nd quarter worth approximately $65,000. Banque Cantonale Vaudoise acquired a new stake in Regency Centers during the first quarter valued at approximately $67,000. Caitong International Asset Management Co. Ltd lifted its stake in Regency Centers by 1,057.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 891 shares of the company’s stock valued at $62,000 after purchasing an additional 814 shares during the last quarter. Finally, Contravisory Investment Management Inc. bought a new stake in Regency Centers during the first quarter worth approximately $79,000. Institutional investors own 96.07% of the company’s stock.
About Regency Centers
Regency Centers Corporation is a real estate investment trust that owns, operates, develops and redevelops grocery-anchored shopping centers in the United States. Its properties are designed to serve everyday consumer needs and typically include supermarkets, restaurants, service providers, retailers and other commercial tenants.
The company focuses primarily on high-quality shopping centers located in established and growing communities, often in affluent or densely populated trade areas.
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