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.
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 |
Metrics to compare | REG | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipREGPeersSector | |
---|---|---|---|---|
P/E Ratio | 33.3x | 75.9x | 7.7x | |
PEG Ratio | - | 0.23 | 0.01 | |
Price/Book | 2.0x | 2.6x | 0.9x | |
Price / LTM Sales | 8.7x | 7.6x | 3.8x | |
Upside (Analyst Target) | 11.6% | 14.4% | 20.5% | |
Fair Value Upside | Unlock | −16.8% | 1.6% | Unlock |