JPMorgan Chase & Co. upgraded shares of Regency Centers (NASDAQ:REG – Free Report) from a neutral rating to an overweight rating in a report issued on Thursday morning,Benzinga reports. The firm currently has $83.00 target price on the stock.
Other analysts have also issued reports about the stock. Jefferies Financial Group raised shares of Regency Centers to a “strong-buy” rating in a research note on Friday, June 26th. LADENBURG THALM/SH SH lifted their price objective on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a report on Friday, July 31st. The Goldman Sachs Group set a $83.00 price objective on shares of Regency Centers in a research report on Thursday. Weiss Ratings downgraded shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. Finally, Raymond James Financial restated an “outperform” rating and issued a $88.00 target price on shares of Regency Centers in a research note on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $84.05.
Get Our Latest Analysis on REG
Regency Centers Price Performance
Regency Centers (NASDAQ:REG – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $0.59 by $0.62. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.The company had revenue of $413.51 million for the quarter, compared to the consensus estimate of $411.07 million. During the same quarter in the prior year, the company posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, sell-side analysts anticipate that Regency Centers will post 4.86 EPS for the current year.
Regency Centers Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a dividend of $0.7550 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $3.02 dividend on an annualized basis and a yield of 4.1%. Regency Centers’s dividend payout ratio is presently 102.37%.
Hedge Funds Weigh In On Regency Centers
Several institutional investors and hedge funds have recently bought and sold shares of the company. Havemeyer Place LP acquired a new position in shares of Regency Centers during the fourth quarter worth $26,000. Hantz Financial Services Inc. boosted its position in shares of Regency Centers by 388.9% in the 4th quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock worth $30,000 after purchasing an additional 350 shares in the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Regency Centers by 541.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 481 shares of the company’s stock worth $38,000 after purchasing an additional 406 shares in the last quarter. IFP Advisors Inc grew its stake in Regency Centers by 528.6% during the 4th quarter. IFP Advisors Inc now owns 572 shares of the company’s stock worth $39,000 after buying an additional 481 shares during the last quarter. Finally, Clearstead Advisors LLC grew its stake in Regency Centers by 81.5% during the 4th quarter. Clearstead Advisors LLC now owns 777 shares of the company’s stock worth $54,000 after buying an additional 349 shares during the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Regency Centers
Here are the key news stories impacting Regency Centers this week:
- Positive Sentiment: JPMorgan upgraded REG to “Overweight” from “Neutral” and set an $83 price target, implying meaningful upside from recent trading levels. The upgrade is likely the primary positive catalyst, suggesting the bank sees an attractive risk-reward profile. JPMorgan upgrades Regency Centers
- Positive Sentiment: JPMorgan also upgraded Regency Centers’ preferred stock to “Overweight” from “Neutral.” This reflects improved sentiment toward the company’s preferred securities, although the direct impact on REG common shares may be limited. JP Morgan upgrades Regency Centers preferred stock
- Positive Sentiment: Coverage highlighting the continued strength of Regency’s grocery-anchored shopping centers supports the company’s defensive retail real-estate profile and recurring tenant demand. Regency’s grocery-anchored shopping centers still thriving
- Neutral Sentiment: A market comparison asks whether REG has been underperforming the Nasdaq, highlighting the importance of relative performance and valuation for investors. A separate value-investing analysis compares REG with Phillips Edison, without providing a clear new catalyst. Is Regency Centers Underperforming the Nasdaq?
- Negative Sentiment: Mizuho reduced its REG price target to $76 from $82 while maintaining a “Neutral” rating. Although the revised target still indicates limited upside, the cut signals more cautious expectations and offsets some of JPMorgan’s optimism. Mizuho revises Regency Centers price target
Regency Centers Company Profile
Regency Centers Corporation (NASDAQ: REG) is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail properties in the United States. The company primarily focuses on high-quality, grocery-anchored shopping centers designed to serve the daily needs of surrounding communities.
Regency’s properties typically include supermarkets, restaurants, specialty retailers, service providers and other complementary tenants. Its activities include leasing and managing shopping centers, pursuing redevelopment opportunities and developing new retail properties in established, attractive trade areas.
Headquartered in Jacksonville, Florida, Regency Centers traces its roots to 1963 and serves communities across major metropolitan areas in the United States.
Read More
- Five stocks we like better than Regency Centers
- 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
- SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
- These 3 Overlooked Stocks Have Big Money Behind Them
- Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
Receive News & Ratings for Regency Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Centers and related companies with MarketBeat.com's FREE daily email newsletter.
