Regency Centers (REG) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regency Centers in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REG shares.
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8 equities research analysts have issued 1-year price objectives for Regency Centers' stock. Their REG share price forecasts range from $63.00 to $74.00. On average, they expect the company's stock price to reach $69.70 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for REG or view top-rated stocks among Wall Street analysts.

Regency Centers' stock was trading at $62.50 at the beginning of the year. Since then, REG shares have decreased by 2.8% and is now trading at $60.77.
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Regency Centers saw a decrease in short interest in August. As of August 31st, there was short interest totaling 2,560,000 shares, a decrease of 23.1% from the August 15th total of 3,330,000 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is currently 2.5 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our REG earnings forecast.

Regency Centers Co. (NASDAQ:REG) issued its quarterly earnings data on Friday, August, 4th. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $1.01 by $0.51. The firm earned $314.25 million during the quarter, compared to analysts' expectations of $313.32 million. Regency Centers had a net margin of 29.33% and a trailing twelve-month return on equity of 5.75%. During the same period in the prior year, the company earned $1.00 earnings per share.
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Regency Centers announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Thursday, September 14th will be paid a dividend of $0.65 per share on Wednesday, October 4th. This represents a $2.60 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date is Wednesday, September 13th.
Read our dividend analysis for REG.

ETFs with the largest weight of Regency Centers (NASDAQ:REG) stock in their portfolio include Invesco S&P 500 Equal Weight Real Estate ETF (RSPR), Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), Invesco Real Assets ESG ETF (IVRA), Fidelity Real Estate Investment ETF (FPRO), iShares US Credit Bond ETF (CRED), AAM S&P 500 High Dividend Value ETF (SPDV), ALPS Active REIT ETF (REIT) and Thrivent Small-Mid Cap ESG ETF (TSME).

Regency Centers (NASDAQ:REG) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.24%. REG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 121.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, REG will have a dividend payout ratio of 61.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REG.

Regency Centers announced that its board has approved a stock repurchase program on Thursday, February 9th 2023, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

Regency Centers issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $4.11-$4.15 for the period, compared to the consensus EPS estimate of $4.11. The company issued revenue guidance of -.

Regency Centers trades on the NASDAQ under the ticker symbol "REG."

Regency Centers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.37%), State Street Corp (7.03%), Principal Financial Group Inc. (4.23%), JPMorgan Chase & Co. (2.56%), Boston Partners (2.37%) and Geode Capital Management LLC (2.25%). Insiders that own company stock include Alan Todd Roth, Dan M Chandler III, J Christian Leavitt, James D Thompson, Lisa Palmer, Martin E Stein Jr, Nicholas Andrew Wibbenmeyer and Thomas G Wattles.
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Shares of REG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of REG stock can currently be purchased for approximately $60.77.

Regency Centers (NASDAQ:REG) has a market capitalization of $10.39 billion and generates $1.22 billion in revenue each year. The company earns $482.86 million in net income (profit) each year or $2.14 on an earnings per share basis.

The company employs 440 workers across the globe.

Regency Centers' mailing address is ONE INDEPENDENT DRIVE SUITE 114, JACKSONVILLE FL, 32202. The official website for the company is www.regencycenters.com. The company can be reached via phone at (904) 598-7000, via email at irinfo@regencycenters.com, or via fax at 904-634-3428.