Regency Centers (REG) Stock Price, News & Analysis

$59.00
-1.02 (-1.70%)
(As of 05/3/2024 ET)
Today's Range
$58.08
$61.07
50-Day Range
$56.98
$62.90
52-Week Range
$54.72
$68.47
Volume
2.14 million shs
Average Volume
1.36 million shs
Market Capitalization
$10.90 billion
P/E Ratio
28.78
Dividend Yield
4.54%
Price Target
$70.73

Regency Centers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
19.9% Upside
$70.73 Price Target
Short Interest
Healthy
1.45% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.98
Upright™ Environmental Score
News Sentiment
0.50mentions of Regency Centers in the last 14 days
Based on 39 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.77%
From $4.19 to $4.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.43 out of 5 stars

Finance Sector

1161st out of 5,270 stocks

Real Estate Investment Trusts Industry

175th out of 1,086 stocks

REG stock logo

About Regency Centers Stock (NASDAQ:REG)

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

REG Stock Price History

REG Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Regency Centers Q1 Profit Rises
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
See More Headlines
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Company Calendar

Last Earnings
8/04/2023
Ex-Dividend for 4/3 Dividend
3/12/2024
Dividend Payable
4/03/2024
Today
5/04/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NASDAQ:REG
Employees
492
Year Founded
1963

Price Target and Rating

Average Stock Price Target
$70.73
High Stock Price Target
$75.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+19.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$364.56 million
Pretax Margin
24.22%

Debt

Sales & Book Value

Annual Sales
$1.32 billion
Cash Flow
$3.71 per share
Book Value
$37.74 per share

Miscellaneous

Free Float
182,926,000
Market Cap
$10.90 billion
Optionable
Optionable
Beta
1.16

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REG Stock Analysis - Frequently Asked Questions

Should I buy or sell Regency Centers stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Regency Centers in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" REG shares.
View REG analyst ratings
or view top-rated stocks.

What is Regency Centers' stock price target for 2024?

10 Wall Street analysts have issued 12 month price objectives for Regency Centers' shares. Their REG share price targets range from $60.00 to $75.00. On average, they anticipate the company's stock price to reach $70.73 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price.
View analysts price targets for REG
or view top-rated stocks among Wall Street analysts.

How have REG shares performed in 2024?

Regency Centers' stock was trading at $67.00 at the beginning of the year. Since then, REG shares have decreased by 11.9% and is now trading at $59.00.
View the best growth stocks for 2024 here
.

Are investors shorting Regency Centers?

Regency Centers saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,750,000 shares, an increase of 22.8% from the March 15th total of 2,240,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is presently 2.2 days.
View Regency Centers' Short Interest
.

When is Regency Centers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our REG earnings forecast
.

How were Regency Centers' earnings last quarter?

Regency Centers Co. (NASDAQ:REG) announced its earnings results on Friday, August, 4th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $1.01 by $0.51. The business earned $314.25 million during the quarter, compared to analysts' expectations of $313.32 million. Regency Centers had a net margin of 27.31% and a trailing twelve-month return on equity of 5.57%. During the same period last year, the company earned $1.00 earnings per share.
Read the conference call transcript
.

How often does Regency Centers pay dividends? What is the dividend yield for Regency Centers?

Regency Centers declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Wednesday, June 12th will be paid a dividend of $0.67 per share on Wednesday, July 3rd. This represents a $2.68 annualized dividend and a yield of 4.54%. The ex-dividend date is Wednesday, June 12th.
Read our dividend analysis for REG
.

Is Regency Centers a good dividend stock?

Regency Centers (NASDAQ:REG) pays an annual dividend of $2.68 per share and currently has a dividend yield of 4.47%. REG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 130.73%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, REG will have a dividend payout ratio of 61.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REG.

How will Regency Centers' stock buyback program work?

Regency Centers declared that its Board of Directors has authorized a share repurchase plan on Thursday, February 9th 2023, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 2.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

What guidance has Regency Centers issued on next quarter's earnings?

Regency Centers updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 4.150-4.210 for the period, compared to the consensus EPS estimate of 4.180. The company issued revenue guidance of -.

Who are Regency Centers' major shareholders?

Regency Centers' stock is owned by a number of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (4.64%), Sumitomo Mitsui Trust Holdings Inc. (0.52%), BNP Paribas Financial Markets (0.24%), New York State Teachers Retirement System (0.10%), Zurcher Kantonalbank Zurich Cantonalbank (0.08%) and Raymond James & Associates (0.06%). Insiders that own company stock include Alan Todd Roth, J Christian Leavitt, James D Thompson, Lisa Palmer, Martin E Stein Jr, Nicholas Andrew Wibbenmeyer and Thomas G Wattles.
View institutional ownership trends
.

How do I buy shares of Regency Centers?

Shares of REG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:REG) was last updated on 5/4/2024 by MarketBeat.com Staff

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