Regency Centers Corporation (REG)

NASDAQ
Currency in USD
71.66
+0.49(+0.69%)
Closed
After Hours
71.07-0.59(-0.82%)
REG Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
71.2872.07
52 wk Range
56.5176.53
Key Statistics
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Prev. Close
71.66
Open
71.29
Day's Range
71.28-72.07
52 wk Range
56.51-76.53
Volume
580.27K
Average Volume (3m)
1.09M
1-Year Change
14.71%
Book Value / Share
36.14
Fair Value
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Fair Value Upside
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REG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
79.42
Upside
+10.83%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 11 consecutive years
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Regency Centers Corporation Company Profile

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.

Regency Centers Corporation SWOT Analysis


Premium Positioning
Regency Centers outperforms peers with a 14% stock increase, but trades at premium multiples, raising questions about future upside potential
Development-Driven Growth
Explore REG's strategic focus on development projects, leveraging strong retailer demand to drive superior NOI and FFO growth
Resilient Portfolio
Delve into REG's high-quality, grocery-anchored centers, providing stability and consistent foot traffic in challenging retail landscapes
Financial Projections
Analysts project FFO/sh of $4.23, $4.41, and $4.61 for 2024-2026, with an average price target range of $73-$75, reflecting optimistic growth outlook
Read full SWOT analysis

Regency Centers Corporation Earnings Call Summary for Q2/2024

  • Q2 2024 shows strong performance with increased sales, traffic, and record shop lease rates; full-year guidance raised
  • Strategic acquisitions and $1B+ development pipeline planned over 5 years; $250M earmarked for 2024
  • Strong balance sheet with $1.5B revolver capacity; 6% YoY foot traffic increase and 80%+ retention rates
  • Majority of pipeline income expected in 2025; cap rates projected to remain stable or decrease
  • Focus on sustainability and value creation; well-positioned for market opportunities and shareholder value delivery
Last Updated: 08/05/2024, 06:20 PM
Read Full Transcript

Compare REG to Peers and Sector

Metrics to compare
REG
Peers
Sector
Relationship
P/E Ratio
33.3x75.9x7.7x
PEG Ratio
-0.230.01
Price/Book
2.0x2.6x0.9x
Price / LTM Sales
8.7x7.6x3.8x
Upside (Analyst Target)
11.6%14.4%20.5%
Fair Value Upside
Unlock−16.8%1.6%Unlock

Analyst Ratings

14 Buy
6 Hold
0 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 79.42

(+10.83% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.12
Dividend Yield
3.94%
Industry Median 5.06%
Annualized payout
2.8200
Paid quarterly
5-Years Growth
+3.02%
Growth Streak

Earnings

Latest Release
Oct 28, 2024
EPS / Forecast
0.4807 / 0.4603
Revenue / Forecast
363.10M / 369.92M
EPS Revisions
Last 90 days

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FAQ

What Is the Regency Centers (REG) Stock Price Today?

The Regency Centers stock price today is 71.66

What Stock Exchange Does Regency Centers Trade On?

Regency Centers is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Regency Centers?

The stock symbol for Regency Centers is "REG."

Does Regency Centers Pay Dividends? What’s The Current Dividend Yield?

The Regency Centers dividend yield is 3.94%.

What Is the Regency Centers Market Cap?

As of today, Regency Centers market cap is 12.97B.

What is Regency Centers Earnings Per Share?

The Regency Centers EPS is 2.12.

What Is the Next Regency Centers Earnings Date?

Regency Centers will release its next earnings report on Feb 05, 2025.

From a Technical Analysis Perspective, Is REG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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