Regency Centers Corporation (NASDAQ:REG – Get Free Report) has received an average rating of “Moderate Buy” from the nineteen research firms that are covering the stock, Marketbeat reports. Ten analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $83.8235.
Several analysts have weighed in on REG shares. Deutsche Bank Aktiengesellschaft cut Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a report on Friday, May 29th. Wells Fargo & Company cut their price objective on Regency Centers from $90.00 to $88.00 and set an “overweight” rating for the company in a report on Wednesday, August 19th. Raymond James Financial restated an “outperform” rating and issued a $88.00 price objective on shares of Regency Centers in a research report on Monday, June 29th. LADENBURG THALM/SH SH lifted their target price on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Finally, Citigroup boosted their price target on shares of Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th.
Check Out Our Latest Stock Report on REG
Regency Centers Stock Performance
Regency Centers (NASDAQ:REG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $0.59 by $0.62. The firm had revenue of $413.51 million during the quarter, compared to the consensus estimate of $411.07 million. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. During the same period last year, the firm earned $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, analysts expect that Regency Centers will post 4.86 earnings per share for the current fiscal year.
Regency Centers Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 11th will be issued a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers’s payout ratio is currently 102.37%.
Insider Transactions at Regency Centers
In related news, insider Terah L. Devereaux sold 1,240 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $80.14, for a total value of $99,373.60. Following the transaction, the insider owned 17,990 shares of the company’s stock, valued at $1,441,718.60. This represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.
Hedge Funds Weigh In On Regency Centers
Institutional investors have recently modified their holdings of the company. Havemeyer Place LP bought a new stake in Regency Centers in the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. grew its position in Regency Centers by 388.9% during the fourth quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock valued at $30,000 after acquiring an additional 350 shares during the last quarter. Brown Brothers Harriman & Co. grew its position in Regency Centers by 63.1% during the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after acquiring an additional 157 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Regency Centers during the second quarter worth approximately $31,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Regency Centers during the second quarter worth approximately $34,000. 96.07% of the stock is currently owned by institutional investors.
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.
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