Regency Centers Corp. Company Profile (NYSE:REG)

About Regency Centers Corp.

Regency Centers Corp. logoRegency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers, L.P. (Operating Partnership). The Company's operating, investing and financing activities are performed through the Operating Partnership, its subsidiaries and through its co-investment partnerships. The Company owns direct or partial interests in approximately 320 shopping centers, which are grocery-anchored community and neighborhood centers. The Company's centers are located in over 30 states and the District of Columbia, and contain approximately 38.0 million square feet of gross leasable area (GLA). The Company's properties are leased to tenants under operating leases. Its leases for tenant space under approximately 5,000 square feet have terms ranging from three to five years. The Company's leases over 10,000 square feet have lease terms in excess of five years, which consists of anchor tenants.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: REG
  • CUSIP: 75884910
Key Metrics:
  • Previous Close: $73.76
  • 50 Day Moving Average: $76.84
  • 200 Day Moving Average: $78.46
  • 52-Week Range: $64.28 - $85.35
  • Trailing P/E Ratio: 46.36
  • Foreward P/E Ratio: 21.26
  • P/E Growth: 3.47
  • Market Cap: $7.31B
  • Outstanding Shares: 99,142,000
  • Beta: 0.78
  • Net Margins: 29.19%
  • Return on Equity: 10.04%
  • Return on Assets: 4.13%
  • Debt-to-Equity Ratio: 1.06%
  • Current Ratio: 0.80%
  • Quick Ratio: 0.80%
Additional Links:
Companies Related to Regency Centers Corp.:

Analyst Ratings

Consensus Ratings for Regency Centers Corp. (NYSE:REG) (?)
Ratings Breakdown: 10 Hold Ratings, 2 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $77.50 (5.07% upside)

Analysts' Ratings History for Regency Centers Corp. (NYSE:REG)
DateFirmActionRatingPrice TargetDetails
9/3/2016ArgusReiterated RatingHoldView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/23/2016Jefferies GroupBoost Price TargetHold$83.00 -> $84.00View Rating Details
8/17/2016Deutsche Bank AGBoost Price TargetHold$69.00 -> $77.00View Rating Details
8/12/2016Citigroup Inc.Boost Price TargetNeutral$76.00 -> $81.00View Rating Details
8/5/2016RBC Capital MarketsReiterated RatingTop Pick$82.00 -> $91.00View Rating Details
8/5/2016Royal Bank Of CanadaBoost Price TargetTop Pick$82.00 -> $91.00View Rating Details
6/28/2016Boenning ScattergoodInitiated CoverageNeutralView Rating Details
5/5/2016Credit Suisse Group AGReiterated RatingHold$74.00View Rating Details
3/21/2016Evercore ISIBoost Price Target$71.00View Rating Details
2/29/2016Barclays PLCBoost Price TargetEqual Weight$63.00 -> $68.00View Rating Details
1/12/2016Cowen and CompanyReiterated RatingMarket Perform$65.00View Rating Details
10/16/2015Morgan StanleyBoost Price TargetOverweight$71.00 -> $74.00View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetHold$70.00 -> $67.00View Rating Details
3/24/2015Robert W. BairdInitiated CoverageNeutral$66.00View Rating Details
1/7/2015Raymond James Financial Inc.UpgradeMarket Perform -> OutperformView Rating Details
12/4/2014Bank of America Corp.UpgradeNeutral -> Buy$62.00 -> $67.00View Rating Details
(Data available from 10/21/2014 forward)


Earnings History for Regency Centers Corp. (NYSE:REG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2016Q216$0.81$0.81$151.65 millionViewN/AView Earnings Details
5/3/2016Q116$0.79$0.86$147.60 millionViewN/AView Earnings Details
2/10/2016Q4$0.74$0.79$138.60 millionViewListenView Earnings Details
10/28/2015Q315$0.74$0.76$134.40 millionViewListenView Earnings Details
8/5/2015Q215$0.73$0.75$135.11 millionViewN/AView Earnings Details
5/6/2015$0.72$0.74$135.81 millionViewN/AView Earnings Details
2/11/2015Q414$0.72$0.71$130.11 millionViewN/AView Earnings Details
11/3/2014Q314$0.69$0.71$127.30 millionViewN/AView Earnings Details
8/6/2014Q214$0.67$0.71$126.83 millionViewN/AView Earnings Details
5/7/2014Q114$0.65$0.69$122.09 millionViewN/AView Earnings Details
2/11/2014Q413$0.64$0.66$118.68 millionViewN/AView Earnings Details
10/31/2013Q313$0.30$0.65$117.87 millionViewN/AView Earnings Details
7/31/2013Q213$0.64$0.67$121.19 millionViewN/AView Earnings Details
5/7/2013Q113$0.62$0.64$117.73 millionViewN/AView Earnings Details
1/30/2013Q412$0.59$0.63$114.78 millionViewN/AView Earnings Details
11/7/2012Q312$0.58$0.62$115.63 millionViewN/AView Earnings Details
7/31/2012$0.63$0.69ViewN/AView Earnings Details
5/2/2012$0.57$0.62ViewN/AView Earnings Details
2/1/2012$0.62$0.63ViewN/AView Earnings Details
11/3/2011$0.59$0.61ViewN/AView Earnings Details
8/3/2011$0.62$0.56ViewN/AView Earnings Details
5/5/2011$0.59$0.56ViewN/AView Earnings Details
2/2/2011$0.53$0.55ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Regency Centers Corp. (NYSE:REG)
Current Year EPS Consensus Estimate: $3.26 EPS
Next Year EPS Consensus Estimate: $3.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.76$0.80$0.78
Q2 20163$0.80$0.81$0.80
Q3 20164$0.80$0.81$0.80
Q4 20164$0.81$0.84$0.83
Q1 20171$0.86$0.86$0.86
Q2 20172$0.86$0.86$0.86
Q3 20171$0.88$0.88$0.88
Q4 20172$0.87$0.91$0.89
Q1 20181$0.90$0.90$0.90
Q2 20181$0.91$0.91$0.91
(Data provided by Zacks Investment Research)


Current Dividend Information for Regency Centers Corp. (NYSE:REG)
Annual Dividend:$2.00
Dividend Yield:2.71%
Dividend Growth:1.60% (3 Year Average)
Payout Ratio:125.79% (Based on Trailing 12 Months of Earnings)
61.35% (Based on Current Year Consensus EPS Estimate)
57.64% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Regency Centers Corp. (NYSE:REG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Regency Centers Corp. (NYSE:REG)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 95.89%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/23/2016Bryce BlairDirectorBuy1,251$79.79$99,817.29View SEC Filing  
6/13/2016Dan M Chandler IIIVPSell2,000$79.55$159,100.00View SEC Filing  
6/9/2016James D ThompsonVPSell4,000$79.75$319,000.00View SEC Filing  
6/3/2016James D ThompsonVPSell3,500$78.00$273,000.00View SEC Filing  
5/11/2016John S DelatourDirectorSell5,000$78.05$390,250.00View SEC Filing  
5/10/2016Alan Todd RothDirectorSell3,000$79.77$239,310.00View SEC Filing  
5/9/2016Dan M Chandler IIIVPSell2,000$78.97$157,940.00View SEC Filing  
5/9/2016J Christian LeavittCAOSell3,000$79.28$237,840.00View SEC Filing  
5/6/2016Lisa PalmerCFOSell10,000$77.80$778,000.00View SEC Filing  
5/6/2016Nicholas Andrew WibbenmeyerDirectorSell1,969$78.10$153,778.90View SEC Filing  
2/18/2016Dan M Chandler IIIVPSell1,000$70.36$70,360.00View SEC Filing  
2/17/2016Dan M Chandler IIIVPSell1,000$70.07$70,070.00View SEC Filing  
12/29/2015James D ThompsonDirectorSell1,500$69.13$103,695.00View SEC Filing  
12/2/2015Mary Lou FialaDirectorSell9,000$67.13$604,170.00View SEC Filing  
11/27/2015Dan M Chandler IIIDirectorSell1,500$67.52$101,280.00View SEC Filing  
11/19/2015Brian M. SmithCOOSell65,578$66.57$4,365,527.46View SEC Filing  
9/30/2015Dan M Chandler IIIDirectorSell1,500$62.05$93,075.00View SEC Filing  
5/20/2015Bryce BlairDirectorBuy1,500$65.00$97,500.00View SEC Filing  
3/30/2015Dan M Chandler IIIDirectorSell1,000$67.74$67,740.00View SEC Filing  
3/20/2015J Christian LeavittCAOSell3,000$69.15$207,450.00View SEC Filing  
3/18/2015Lisa PalmerCFOSell3,723$67.70$252,047.10View SEC Filing  
3/17/2015Dan M Chandler IIIDirectorSell2,500$66.45$166,125.00View SEC Filing  
12/18/2014James D ThompsonDirectorSell2,500$63.75$159,375.00View SEC Filing  
12/8/2014James D ThompsonDirectorSell2,500$63.00$157,500.00View SEC Filing  
11/20/2014Mary Lou FialaDirectorSell7,000$60.10$420,700.00View SEC Filing  
11/7/2014J Christian LeavittCAOSell1,000$61.74$61,740.00View SEC Filing  
8/29/2014Dan M Chandler IIIDirectorSell1,000$57.06$57,060.00View SEC Filing  
8/18/2014Brian M SmithCOOSell10,000$56.81$568,100.00View SEC Filing  
6/20/2014Mary Lou FialaDirectorSell3,000$25.58$76,740.00View SEC Filing  
6/16/2014Dan M Chandler IIIDirectorSell2,000$54.00$108,000.00View SEC Filing  
6/3/2014J Christian LeavittInsiderSell6,500$54.04$351,260.00View SEC Filing  
3/28/2014James ThompsonDirectorSell3,000$50.80$152,400.00View SEC Filing  
3/27/2014Brian SmithCOOSell11,500$50.53$581,095.00View SEC Filing  
3/27/2014James ThompsonDirectorSell3,000$50.50$151,500.00View SEC Filing  
3/18/2014Dan Chandler IIIDirectorSell2,000$50.30$100,600.00View SEC Filing  
2/25/2014J Christian LeavittInsiderSell1,000$50.84$50,840.00View SEC Filing  
2/18/2014Mary Lou FialaDirectorSell8,339$50.65$422,370.35View SEC Filing  
11/7/2013Mary Lou FialaDirectorSell5,015$50.17$251,602.55View SEC Filing  
11/4/2013John S DelatourDirectorSell4,000$51.53$206,120.00View SEC Filing  
8/6/2013Raymond BankDirectorSell4,900$51.89$254,261.00View SEC Filing  
5/10/2013John S DelatourDirectorSell10,000$58.48$584,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Regency Centers Corp. (NYSE:REG)
DateHeadline logoResearch Reports Coverage on REIT Stocks -- Regency Centers, Tanger Factory Outlet Centers, Ramco-Gershenson, and Kite Realty (NYSE:REG) - October 19 at 3:38 PM logoRegency Centers Corp. : REG-US: Dividend Analysis : August 17th, 2016 (record date) : By the numbers : October 19, 2016 (NYSE:REG) - October 19 at 3:38 PM
News IconUpdate on Regency Centers Corporation (NYSE:REG) for the day (NYSE:REG) - October 14 at 6:47 PM logoInvestors Land REG 9.2% Cheaper Than Its Secondary Stock Offering (NYSE:REG) - October 13 at 12:24 PM logoRegency Centers: Minimal damage from Matthew (NYSE:REG) - October 11 at 7:20 PM
News IconMarketing and Events Manager (NYSE:REG) - October 11 at 7:20 PM logoRegency Centers Reports Minimal Damage from Hurricane Matthew (NYSE:REG) - October 10 at 6:32 PM logoBRIEF-Regency Centers reports minimal damage from hurricane Matthew (NYSE:REG) - October 10 at 3:49 PM
News IconVernon Hills wary of size of financial incentive for retail center (NYSE:REG) - October 6 at 12:35 PM
News Icon5 High-Quality Stocks to Weather Any Market (NYSE:REG) - October 4 at 11:45 AM logoDowntown Investment Authority approves Brooklyn land "swap" with Regency (NYSE:REG) - September 29 at 12:08 PM logoRegency Centers : Declares Quarterly Cash Dividend on Preferred Stock (NYSE:REG) - September 16 at 10:34 AM
News IconLong Term Growth Stock in Review: Regency Centers Corporation (NYSE:REG) (NYSE:REG) - September 9 at 11:47 AM logoRegency Centers Corp. breached its 50 day moving average in a Bearish Manner : REG-US : September 9, 2016 (NYSE:REG) - September 9 at 11:47 AM logoRegency Centers Series 7 Cumulative Redeemable Preferred Stock Ex-Dividend Reminder (NYSE:REG) - September 7 at 7:07 PM logoRegency Centers Corporation (NYSE:REG): The Buzzing Stock (NYSE:REG) - September 7 at 7:07 PM logoRegency Centers Invites you to listen to its Presentation at the Bank of America Merrill Lynch 2016 Global Real Estate Conference (NYSE:REG) - September 7 at 7:07 PM
News IconEl Cerrito shopping center relents on doughnut shop relocation (NYSE:REG) - September 7 at 10:38 AM logoResearch Reports Initiation on REIT Stocks -- Retail Opportunity Investments ... (NYSE:REG) - September 2 at 11:55 AM logoRegency Centers Declares Quarterly Cash Dividend on Preferred Stock (NYSE:REG) - September 2 at 11:55 AM logoRegency Stock Is Fully Valued (NYSE:REG) - September 1 at 6:57 PM logoSnag This Deal Even Lower Than Director Blair Did (NYSE:REG) - August 30 at 11:26 AM logoRegency Focuses on Building Premium Portfolio: Time to Hold? (NYSE:REG) - August 22 at 11:42 AM logoWill Regency Centers Corporation (NYSE:REG) Surprise Analysts This Quarter? (NYSE:REG) - August 15 at 7:30 PM logoREGENCY CENTERS CORP : ex-dividend day (NYSE:REG) - August 15 at 7:30 PM logoETF’s with exposure to Regency Centers Corp. : August 15, 2016 (NYSE:REG) - August 15 at 7:30 PM logoRegency Centers Corp. breached its 50 day moving average in a Bearish Manner : REG-US : August 12, 2016 (NYSE:REG) - August 12 at 10:18 AM logoEx-Dividend Reminder: Regency Centers, Assured Guaranty and j2 Global (NYSE:REG) - August 11 at 10:40 AM logoRegency Centers Corporation: Regency Centers Invites You to Join Its Third Quarter Conference Call (NYSE:REG) - August 10 at 10:12 AM logoRegency Centers Invites You to Join Its Third Quarter Conference Call (NYSE:REG) - August 9 at 7:22 PM
News IconRegency Centers Adds Retail at SoCal’s Tustin Legacy (NYSE:REG) - August 8 at 11:48 AM logoRegency Centers Corp. :REG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:REG) - August 8 at 11:48 AM
News IconReal estate briefly: Stater Bros. will anchor The Village at Tustin Legacy; Savi Tech Center in Yorba Linda sells again (NYSE:REG) - August 7 at 11:05 AM logoREGENCY CENTERS CORP Files SEC form 10-Q, Quarterly Report (NYSE:REG) - August 5 at 7:20 PM logoPublix-anchored retail plaza near large mall begins redevelopment (NYSE:REG) - August 5 at 7:20 PM logoRegency Centers Announces the Village at Tustin Legacy in Orange County, California (NYSE:REG) - August 5 at 10:06 AM logoEnd of an office park: Residential may join Wegmans at Chantilly's Commonwealth Centre (NYSE:REG) - August 4 at 7:34 PM
News IconPhillips Edison & Company Appoints Dawn Stamper to Regional Vice President of Property Management (NYSE:REG) - August 4 at 10:16 AM logoRegency Centers' (REG) CEO Hap Stein on Q2 2016 Results - Earnings Call Transcript (NYSE:REG) - August 4 at 10:16 AM logoBRIEF-Regency Centers Q2 core FFO per share $0.82 (NYSE:REG) - August 3 at 10:21 AM logoRegency Centers Corp. Announces 14% Rise In Q2 Earnings (NYSE:REG) - August 3 at 10:21 AM logoRegency Centers Reports Second Quarter 2016 Results (NYSE:REG) - August 3 at 10:21 AM logoRegency Centers reports 2Q results (NYSE:REG) - August 2 at 7:26 PM logoFitch Upgrades Regency Centers to 'BBB+'; Outlook Stable (NYSE:REG) - August 1 at 11:46 AM
News IconProposed Charleston apartment building headed back to BAR; other new buildings up for review (NYSE:REG) - July 26 at 7:29 PM logoAvalonBay (AVB) Lags Q2 FFO Estimates but Revenues Beat (NYSE:REG) - July 26 at 9:37 AM logoRegis Healthcare Ltd. :REG-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 25, 2016 (NYSE:REG) - July 25 at 2:40 AM
News IconForty-Nine Acres Soon Home to 500,000-SF Retail Center (NYSE:REG) - July 22 at 6:53 PM logoRegency Centers : Announces the Acquisition of Klahanie Shopping Center in Seattle, Washington (NYSE:REG) - July 20 at 9:55 AM logoRegency Centers Corporation Com (REG) – Barclays Maintains Rating And Raises Price Target (NYSE:REG) - July 20 at 9:55 AM


Regency Centers Corp. (NYSE:REG) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff