Regency Centers Stock Price, News & Analysis (NASDAQ:REG)

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Regency Centers in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" REG shares.
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6 Wall Street research analysts have issued 12 month price objectives for Regency Centers' shares. Their REG share price targets range from $69.00 to $74.00. On average, they predict the company's share price to reach $71.14 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
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Regency Centers' stock was trading at $62.50 at the beginning of 2023. Since then, REG stock has decreased by 1.6% and is now trading at $61.47.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
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Regency Centers Co. (NASDAQ:REG) issued its earnings results on Friday, August, 4th. The company reported $0.50 EPS 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 trailing twelve-month return on equity of 5.81% and a net margin of 28.97%. During the same quarter in the prior year, the firm posted $1.00 EPS.
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Regency Centers declared a quarterly dividend on Thursday, November 2nd. Investors of record on Thursday, December 14th will be given a dividend of $0.67 per share on Wednesday, January 3rd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend is Wednesday, December 13th. This is a positive change from the stock's previous quarterly dividend of $0.65.
Read our dividend analysis for REG.

Regency Centers (NASDAQ:REG) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.21%. 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 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 122.07%. 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 61.61% next year. This indicates that the company will be able to sustain or increase its dividend.
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 announced that its Board of Directors has initiated a stock buyback plan 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 repurchase up to 2.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Regency Centers' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (4.29%), JPMorgan Chase & Co. (2.90%), Invesco Ltd. (2.63%), FMR LLC (2.21%), Boston Partners (2.37%) and Resolution Capital Ltd (2.02%). 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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