Regency Centers Corporation (NASDAQ:REG) Given Consensus Rating of “Hold” by Analysts

Regency Centers Corporation (NASDAQ:REG) has earned an average recommendation of “Hold” from the fifteen brokerages that are currently covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $78.4167.

Several analysts have commented on the stock. Argus upgraded shares of Regency Centers to a “strong-buy” rating in a research note on Wednesday, November 5th. Jefferies Financial Group set a $79.00 target price on shares of Regency Centers in a report on Monday, December 15th. Wells Fargo & Company boosted their target price on shares of Regency Centers from $81.00 to $82.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $76.00 price target (down from $81.00) on shares of Regency Centers in a research report on Thursday, December 18th. Finally, Royal Bank Of Canada upgraded Regency Centers to a “sector perform” rating in a research note on Friday.

Insider Transactions at Regency Centers

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $70.02, for a total value of $1,050,300.00. Following the sale, the chairman owned 272,958 shares in the company, valued at approximately $19,112,519.16. This represents a 5.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Regency Centers

A number of hedge funds have recently bought and sold shares of the business. Inspire Investing LLC boosted its position in shares of Regency Centers by 441.4% during the 3rd quarter. Inspire Investing LLC now owns 21,736 shares of the company’s stock worth $1,585,000 after purchasing an additional 17,721 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in Regency Centers by 14.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,589 shares of the company’s stock worth $256,000 after purchasing an additional 463 shares in the last quarter. Achmea Investment Management B.V. boosted its position in shares of Regency Centers by 641.3% during the second quarter. Achmea Investment Management B.V. now owns 116,046 shares of the company’s stock worth $8,266,000 after buying an additional 100,391 shares during the period. Geode Capital Management LLC boosted its position in shares of Regency Centers by 1.4% during the second quarter. Geode Capital Management LLC now owns 4,786,646 shares of the company’s stock worth $339,669,000 after buying an additional 65,719 shares during the period. Finally, Generate Investment Management Ltd grew its stake in shares of Regency Centers by 73.2% in the third quarter. Generate Investment Management Ltd now owns 115,457 shares of the company’s stock valued at $8,417,000 after buying an additional 48,803 shares in the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Regency Centers Stock Down 1.3%

Regency Centers stock opened at $69.72 on Friday. The business’s 50-day simple moving average is $69.38 and its two-hundred day simple moving average is $70.66. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $12.75 billion, a PE ratio of 32.13, a PEG ratio of 2.61 and a beta of 0.93. Regency Centers has a fifty-two week low of $63.44 and a fifty-two week high of $78.18.

Regency Centers (NASDAQ:REG) last released its earnings results on Tuesday, October 28th. The company reported $1.15 EPS for the quarter, hitting analysts’ consensus estimates of $1.15. The firm had revenue of $387.57 million during the quarter, compared to the consensus estimate of $374.83 million. Regency Centers had a return on equity of 6.14% and a net margin of 27.04%.During the same quarter in the previous year, the company posted $1.07 earnings per share. Regency Centers has set its FY 2025 guidance at 4.620-4.640 EPS. Equities analysts anticipate that Regency Centers will post 4.54 EPS for the current year.

Regency Centers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were given a dividend of $0.755 per share. This is an increase from Regency Centers’s previous quarterly dividend of $0.71. This represents a $3.02 annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, December 15th. Regency Centers’s dividend payout ratio (DPR) is 139.17%.

About Regency Centers

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.