Regency Centers (NASDAQ:REG) Issues 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 -.

Analysts Set New Price Targets

REG has been the topic of a number of research analyst reports. Barclays initiated coverage on shares of Regency Centers in a research report on Wednesday, July 2nd. They set an "equal weight" rating and a $77.00 price objective on the stock. Wall Street Zen cut shares of Regency Centers from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Truist Financial increased their price objective on shares of Regency Centers from $78.00 to $79.00 and gave the stock a "buy" rating in a research report on Monday, May 19th. Mizuho dropped their price target on shares of Regency Centers from $79.00 to $74.00 and set an "outperform" rating on the stock in a research report on Thursday, July 17th. Finally, Scotiabank dropped their price target on shares of Regency Centers from $76.00 to $75.00 and set a "sector perform" rating on the stock in a research report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $77.54.

Regency Centers Trading Up 2.5%

NASDAQ REG traded up $1.72 during mid-day trading on Tuesday, hitting $71.76. The company's stock had a trading volume of 1,734,364 shares, compared to its average volume of 1,084,241. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.01 and a quick ratio of 1.01. Regency Centers has a 52-week low of $63.44 and a 52-week high of $78.18. The stock's fifty day simple moving average is $70.89 and its two-hundred day simple moving average is $71.80. The firm has a market capitalization of $13.03 billion, a P/E ratio of 33.85, a price-to-earnings-growth ratio of 3.47 and a beta of 1.00.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.61. Regency Centers had a net margin of 27.21% and a return on equity of 5.98%. Research analysts expect that Regency Centers will post 4.54 EPS for the current year.

Regency Centers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Wednesday, June 11th were given a $0.705 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $2.82 dividend on an annualized basis and a yield of 3.93%. Regency Centers's payout ratio is 133.02%.

Insiders Place Their Bets

In other Regency Centers news, insider Nicholas Andrew Wibbenmeyer sold 4,158 shares of the company's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $72.44, for a total value of $301,205.52. Following the transaction, 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 filing with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On Regency Centers

Several large investors have recently bought and sold shares of the company. Intech Investment Management LLC grew its stake in Regency Centers by 47.6% in the first 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 period. Jane Street Group LLC increased its holdings in Regency Centers by 81.5% during the first quarter. Jane Street Group LLC now owns 8,247 shares of the company's stock worth $608,000 after buying an additional 3,702 shares during the last quarter. Empowered Funds LLC increased its holdings in Regency Centers by 9.6% during the first quarter. Empowered Funds LLC now owns 5,856 shares of the company's stock worth $432,000 after buying an additional 511 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Regency Centers by 3.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company's stock worth $1,099,000 after buying an additional 557 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in Regency Centers by 15.4% during the first quarter. AQR Capital Management LLC now owns 64,337 shares of the company's stock worth $4,701,000 after buying an additional 8,563 shares during the last quarter. 96.07% of the stock is currently 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.

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