Regency Centers - REG Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regency Centers in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REG shares.
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9 brokerages have issued twelve-month target prices for Regency Centers' stock. Their REG share price forecasts range from $62.00 to $75.00. On average, they anticipate the company's stock price to reach $68.36 in the next year. This suggests a possible upside of 11.7% 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 2023. Since then, REG stock has decreased by 2.1% and is now trading at $61.18.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our REG earnings forecast.

Regency Centers will be holding an earnings conference call on Friday, May 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Regency Centers Co. (NASDAQ:REG) posted its earnings results on Friday, February, 10th. The company reported $0.98 earnings per share for the quarter, hitting analysts' consensus estimates of $0.98. The firm earned $314.52 million during the quarter, compared to the consensus estimate of $305.23 million. Regency Centers had a trailing twelve-month return on equity of 7.59% and a net margin of 39.45%. During the same period in the prior year, the firm posted $1.01 EPS.
Read the conference call transcript.

Regency Centers declared a quarterly dividend on Thursday, February 9th. Investors of record on Wednesday, March 15th will be given a dividend of $0.65 per share on Wednesday, April 5th. This represents a $2.60 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend is Tuesday, March 14th.
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 (EWRE), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Fidelity Real Estate Investment ETF (FPRO), Thrivent Small-Mid Cap ESG ETF (TSME), AAM S&P 500 High Dividend Value ETF (SPDV), ETFB Green SRI REITs ETF (RITA), FlexShares Global Quality Real Estate Index Fund (GQRE) and 2ndVote Society Defended ETF (EGIS).

Regency Centers (NASDAQ:REG) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.45%. 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 92.20%. 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 61.90% 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 initiated a share repurchase program on Thursday, February 9th 2023, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

Regency Centers issued an update on its FY 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share (EPS) guidance of $4.03-$4.11 for the period, compared to the consensus EPS estimate of $4.05. The company issued revenue guidance of -.

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

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 $61.18.

Regency Centers (NASDAQ:REG) has a market capitalization of $10.48 billion and generates $1.22 billion in revenue each year. The company earns $482.86 million in net income (profit) each year or $2.82 on an earnings per share basis.

The company employs 432 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.