Regency Centers (NASDAQ:REG) Updates FY 2025 Earnings Guidance

Key Points

• Regency Centers has updated its FY 2025 earnings guidance, projecting earnings per share between $4.590 and $4.630, exceeding the consensus estimate of $4.551.
• The company reported a net margin of 27.21% and a return on equity of 5.98% in its latest quarterly earnings.
• Regency Centers recently declared a quarterly dividend of $0.705, yielding approximately 3.93% with a payout ratio of 133.02%.

Regency Centers (NASDAQ:REG - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.590-4.630 for the period, compared to the consensus estimate of 4.551. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Robert W. Baird boosted their target price on shares of Regency Centers from $78.00 to $80.00 and gave the company an "outperform" rating in a research note on Wednesday. Truist Financial lifted their price target on Regency Centers from $78.00 to $79.00 and gave the company a "buy" rating in a report on Monday, May 19th. Scotiabank cut their price target on Regency Centers from $76.00 to $75.00 and set a "sector perform" rating for the company in a report on Monday, May 12th. Evercore ISI lifted their price target on Regency Centers from $79.00 to $80.00 and gave the company an "in-line" rating in a report on Wednesday. Finally, Barclays began coverage on Regency Centers in a report on Wednesday, July 2nd. They issued an "equal weight" rating and a $77.00 price target for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $77.92.

Regency Centers Trading Down 1.3%

Regency Centers stock traded down $0.92 during trading hours on Friday, reaching $70.48. 1,141,645 shares of the company's stock traded hands, compared to its average volume of 1,067,626. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.01 and a current ratio of 1.13. Regency Centers has a fifty-two week low of $63.44 and a fifty-two week high of $78.18. The firm has a market capitalization of $12.79 billion, a price-to-earnings ratio of 32.93, a PEG ratio of 3.43 and a beta of 1.05. The firm's 50 day moving average is $70.88 and its 200-day moving average is $71.81.

Regency Centers (NASDAQ:REG - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.04. Regency Centers had a net margin of 27.00% and a return on equity of 6.05%. The company had revenue of $369.85 million for the quarter, compared to the consensus estimate of $366.35 million. During the same period in the prior year, the company posted $1.06 EPS. The company's revenue was up 6.6% compared to the same quarter last year. On average, analysts predict that Regency Centers will post 4.54 earnings per share for the current year.

Regency Centers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 2nd. Shareholders of record on Wednesday, June 11th were given a dividend of $0.705 per share. The ex-dividend date was Wednesday, June 11th. This represents a $2.82 dividend on an annualized basis and a yield of 4.0%. Regency Centers's dividend payout ratio is presently 131.78%.

Insider Transactions at Regency Centers

In other news, insider Nicholas Andrew Wibbenmeyer sold 4,158 shares of the company's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $72.44, for a total value of $301,205.52. Following the completion of the sale, the insider directly owned 33,069 shares of the company's stock, valued at $2,395,518.36. This represents a 11.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company's stock.

Institutional Trading of Regency Centers

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Intech Investment Management LLC increased its stake in shares of Regency Centers by 47.6% in the 1st quarter. Intech Investment Management LLC now owns 20,011 shares of the company's stock valued at $1,476,000 after acquiring an additional 6,451 shares during the last quarter. Jane Street Group LLC increased its stake in Regency Centers by 81.5% during the 1st quarter. Jane Street Group LLC now owns 8,247 shares of the company's stock worth $608,000 after purchasing an additional 3,702 shares in the last quarter. Empowered Funds LLC increased its stake in Regency Centers by 9.6% during the 1st quarter. Empowered Funds LLC now owns 5,856 shares of the company's stock worth $432,000 after purchasing an additional 511 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Regency Centers by 3.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company's stock worth $1,099,000 after purchasing an additional 557 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Regency Centers by 15.4% during the 1st quarter. AQR Capital Management LLC now owns 64,337 shares of the company's stock worth $4,701,000 after purchasing an additional 8,563 shares in the last quarter. 96.07% of the stock is owned by institutional investors.

Regency Centers 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.