Regency Centers Corporation Company Profile (NYSE:REG)

About Regency Centers Corporation

Regency Centers Corporation 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: $70.01
  • 50 Day Moving Average: $69.82
  • 200 Day Moving Average: $72.45
  • 52-Week Range: $65.16 - $85.35
  • Trailing P/E Ratio: 49.96
  • Foreward P/E Ratio: 40.22
  • P/E Growth: 4.39
  • Market Cap: $7.45B
  • Outstanding Shares: 104,971,000
  • Beta: 0.58
  • Net Margins: 25.88%
  • Return on Equity: 8.04%
  • Return on Assets: 3.76%
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 0.93%
  • Quick Ratio: 1.02%
Additional Links:
Companies Related to Regency Centers Corporation:

Analyst Ratings

Consensus Ratings for Regency Centers Corporation (NYSE:REG) (?)
Ratings Breakdown: 8 Hold Ratings, 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $78.73 (10.59% upside)

Analysts' Ratings History for Regency Centers Corporation (NYSE:REG)
DateFirmActionRatingPrice TargetDetails
1/19/2017SunTrust Banks, Inc.UpgradeHold -> Buy$77.00View Rating Details
1/17/2017Robert W. BairdReiterated RatingOutperform$76.00View Rating Details
1/9/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformView Rating Details
1/3/2017RBC Capital MarketsDowngradeTop Pick -> Outperform$86.00 -> $78.00View Rating Details
12/12/2016ArgusUpgradeHold -> Buy$80.00View Rating Details
11/9/2016Jefferies Group LLCReiterated RatingHoldView Rating Details
11/3/2016Evercore ISIUpgradeHold -> Buy$80.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView 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
8/5/2016Royal Bank of CanadaBoost Price TargetTop Pick$82.00 -> $91.00View Rating Details
6/28/2016Boenning ScattergoodInitiated CoverageNeutralView Rating Details
5/5/2016Credit Suisse GroupReiterated RatingHold$74.00View 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
(Data available from 2/24/2015 forward)


Earnings History for Regency Centers Corporation (NYSE:REG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/8/2017Q416$0.84$0.86$148.80 millionViewListenView Earnings Details
11/1/2016Q316$0.80$0.81$154.08 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 Corporation (NYSE:REG)
Current Year EPS Consensus Estimate: $1.45 EPS
Next Year EPS Consensus Estimate: $1.77 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$0.86$0.84
Q1 20173$0.70$0.85$0.79
Q2 20173$0.86$0.89$0.87
Q3 20173$0.85$0.91$0.88
Q4 20173$0.86$0.90$0.88
Q1 20181$0.89$0.89$0.89
Q2 20181$0.90$0.90$0.90
Q3 20181$0.95$0.95$0.95
(Data provided by Zacks Investment Research)


Current Dividend Information for Regency Centers Corporation (NYSE:REG)
Annual Dividend:$2.00
Dividend Yield:2.81%
Dividend Growth:2.60% (3 Year Average)
Payout Ratio:140.85% (Based on Trailing 12 Months of Earnings)
137.93% (Based on Current Year Consensus EPS Estimate)
112.99% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

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

Insider Trades

Insider Trading History for Regency Centers Corporation (NYSE:REG)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 98.46%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/22/2016Bryce BlairDirectorBuy1,486$66.92$99,443.12View SEC Filing  
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 Corporation (NYSE:REG)
DateHeadline logoRegency Centers Promotes Michael Mas to Managing Director (NYSE:REG) - February 23 at 7:36 PM logoIncyte, CBOE Holdings, Regency Centers to join S&P 500 (NYSE:REG) - February 23 at 6:25 PM logoREGENCY CENTERS CORP : ex-dividend day (NYSE:REG) - February 22 at 7:40 PM logoREGENCY CENTERS CORPORATION (NYSE:REG) Files An 8-K Other Events (NYSE:REG) - February 20 at 6:43 PM logoREGENCY CENTERS CORP : Other Events (form 8-K) (NYSE:REG) - February 18 at 8:15 AM logoREGENCY CENTERS CORP Files SEC form 8-K, Other Events (NYSE:REG) - February 17 at 7:58 PM logoRegency Centers Corp. :REG-US: Earnings Analysis: 2016 By the Numbers : February 13, 2017 (NYSE:REG) - February 14 at 5:24 AM logoRegency Centers Corp. :REG-US: Earnings Analysis: Q4, 2016 By the Numbers : February 10, 2017 (NYSE:REG) - February 10 at 10:25 PM logo​Another organic grocer plants its flag in the D.C. area (NYSE:REG) - February 10 at 10:25 PM logoBRIEF-Regency Centers Corp reports net income for Q4 of $55.9 million (NYSE:REG) - February 9 at 11:07 PM logoRegency Centers' (REG) CEO Hap Stein on Q4 2016 Results - Earnings Call Transcript (NYSE:REG) - February 9 at 11:07 PM logoRegency Centers Reports Fourth Quarter and Full Year 2016 Results (NYSE:REG) - February 8 at 10:48 PM logoRegency Centers reports 4Q results (NYSE:REG) - February 8 at 10:48 PM logoWhy Earnings Season Could Be Great for Regency Centers (REG) (NYSE:REG) - February 6 at 7:36 PM
News IconRegency Centers Corporation (NYSE:REG) - January 29 at 12:38 AM
News IconPower Shopping: Behind the Regency/Equity One Mega-Merger (NYSE:REG) - January 24 at 9:17 PM logoRegency Centers upgraded by SunTrust (NYSE:REG) - January 20 at 10:17 PM logoFitch Rates Regency Centers' 2027 and 2047 Notes 'BBB+'; Outlook Stable (NYSE:REG) - January 18 at 8:12 AM logoRegency (REG) Prices Senior Notes for Equity One Merger (NYSE:REG) - January 18 at 8:12 AM logoMacerich, StepsAway Expand Allaince to Connect Shoppers (NYSE:REG) - January 18 at 8:12 AM logoREGENCY CENTERS CORP : Other Events, Financial Statements and Exhibits (form 8-K) (NYSE:REG) - January 18 at 12:52 AM logoRegency Centers Prices $650 Million of Senior Unsecured Notes (NYSE:REG) - January 17 at 7:51 PM logo4:08 pm Regency Centers prices $350 mln 3.6% notes due 2027 and $300 mln 4.4% notes due 2047 (NYSE:REG) - January 17 at 7:51 PM logoRegency Centers Announces Redemption of Series 6 Preferred Shares (NYSE:REG) - January 17 at 7:51 PM logoRegency Centers Announces Tax Information for 2016 Distributions (NYSE:REG) - January 17 at 7:51 PM logoREGENCY CENTERS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:REG) - January 17 at 12:13 PM
News IconVernon Hills OKs $20 million incentive for Mellody Farm development (NYSE:REG) - January 14 at 7:34 PM
News IconFacelift planned for north Napa's Silverado Plaza (NYSE:REG) - January 14 at 5:33 AM logoRegency Centers Corp. : REG-US: Dividend Analysis : November 16th, 2016 (record date) : By the numbers : January 13, 2017 (NYSE:REG) - January 14 at 5:33 AM logoBRIEF-Regency Centers sees FY 2016 earnings per share $1.41 - $1.43 (NYSE:REG) - January 12 at 8:11 PM logoForm 8-K REGENCY CENTERS CORP For: Jan 12 (NYSE:REG) - January 12 at 8:11 PM logoRegency Centers Updates 2016 and Introduces 2017 Earnings Guidance (NYSE:REG) - January 12 at 8:11 PM logoREGENCY CENTERS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NYSE:REG) - January 12 at 8:11 PM logo8:36 am Regency Centers raises FY16 FFO guidance; sees FY17 FFO in line with expectations (NYSE:REG) - January 12 at 8:11 PM
News IconRegency Centers Purchases Shopping Center Along Orlando’s ‘Restaurant Row’ for $92.5M (NYSE:REG) - January 6 at 8:23 PM logoResearch Reports Initiation on REIT Stocks -- SL Green Realty, Retail Opportunity Investments, Regency Centers, and Weingarten Realty Investors (NYSE:REG) - January 5 at 1:18 AM logoAnalyst Downgrades – Regency Centers Corporation (NYSE:REG) Stock Gets Downgraded By RBC Capital Markets from Top Pick to Outperform (NYSE:REG) - January 4 at 12:18 AM logoRegency Centers Corp. breached its 50 day moving average in a Bullish Manner : REG-US : January 2, 2017 (NYSE:REG) - January 2 at 8:16 AM logoForm 4 REGENCY CENTERS CORP For: Dec 22 Filed by: THOMPSON JAMES D. (NYSE:REG) - December 29 at 8:49 AM logoBetter Buy: Realty Income Corporation vs. Regency Centers Corporation (NYSE:REG) - December 28 at 10:51 AM
News IconPlaza on Orlando’s Restaurant Row goes for $92.5M (NYSE:REG) - December 24 at 6:58 PM
News IconDr. Phillips' Restaurant Row shopping center sells for $92.5M (NYSE:REG) - December 23 at 8:07 AM
News IconDirector of Regency Centers Corporation Com (NYSE:REG), Blair Bryce, buys 1,486 shares worth $99,443 (NYSE:REG) - December 22 at 7:52 PM logoPlaza Venezia sales price revealed: $92.5M (NYSE:REG) - December 22 at 7:52 PM logoBRIEF-Regency Centers acquires Plaza Venezia (NYSE:REG) - December 21 at 9:07 PM logoRegency Centers Announces the Acquisition of Plaza Venezia (NYSE:REG) - December 21 at 9:07 PM logoJacksonville REIT buys big Dr. Phillips retail center (NYSE:REG) - December 21 at 9:07 PM logoRegency Centers Wins Two Commendations in the ICSC 2016 U.S. Design and Development Awards (NYSE:REG) - December 16 at 12:30 AM logoRegency (REG) Declares Retail Development Project in Texas (NYSE:REG) - December 16 at 12:29 AM
News IconDeveloper to build $30.5 million retail center in Sugar Land (NYSE:REG) - December 15 at 2:35 AM


What is Regency Centers Corporation's stock symbol?

Regency Centers Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "REG."

How often does Regency Centers Corporation pay dividends? What is the dividend yield for Regency Centers Corporation?

Regency Centers Corporation announced a quarterly dividend on Wednesday, February 8th. Shareholders of record on Friday, February 24th will be paid a dividend of $0.51 per share on Wednesday, March 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend is Wednesday, February 22nd. This is an increase from Regency Centers Corporation's previous quarterly dividend of $0.50.

Where is Regency Centers Corporation's stock going? Where will Regency Centers Corporation's stock price be in 2017?

14 brokerages have issued twelve-month price targets for Regency Centers Corporation's shares. Their predictions range from $68.00 to $91.00. On average, they anticipate Regency Centers Corporation's stock price to reach $78.73 in the next year.

When will Regency Centers Corporation announce their earnings?

Regency Centers Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about Regency Centers Corporation stock?

Here are some recent quotes from research analysts about Regency Centers Corporation stock:

  • According to Zacks Investment Research, "Shares of Regency outperformed the Zacks categorized REIT and Equity Trust – Retail industry over the past three months. However, the company’s estimate for full-year 2017 funds from operations (FFO) per share remained unchanged over the past seven days. Notably, backed by better-than-expected growth in revenue, Regency’s fourth-quarter 2016 core FFO per share came ahead of the Zacks Consensus. The company’s focus on building a premium portfolio of grocery-anchored shopping centers augurs well for the long term. Such centers are usually necessity driven and attract huge traffic. Further, the pending merger with Equity One is expected to bolster the company’s position in the retail real estate market and offer it solid scope for long-term growth. However, the shift in retail shopping from brick and mortar stores to internet sales, and rate hike are concerns for the company." (2/17/2017)

  • Robert W. Baird analysts commented, "We are updating our estimates to reflect updated 2016 and initial 2017 guidance (released yesterday). The newly issued 2017 guidance implies above average FFO per share growth (+5.5%) and above-average internal growth (+2.75% SSNOI growth) vs. the shopping center peer group. With shares of REG currently trading at a 4% discount to NAV, we believe this is an attractive entry point for a high quality portfolio that should deliver outsized NAV growth over the next two years." (1/17/2017)

Who owns Regency Centers Corporation stock?

Regency Centers Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (5.08%), Dimensional Fund Advisors LP (1.30%), Renaissance Technologies LLC (0.97%), NN Investment Partners Holdings N.V. (0.50%), Janus Capital Management LLC (0.45%) and Russell Investments Group Ltd. (0.44%). Company insiders that own Regency Centers Corporation stock include Alan Todd Roth, Brian M Smith, Bryce Blair, Dan M Chandler III, J Christian Leavitt, James D Thompson, John S Delatour, Lisa Palmer, Mary Lou Fiala and Nicholas Andrew Wibbenmeyer.

Who sold Regency Centers Corporation stock? Who is selling Regency Centers Corporation stock?

Regency Centers Corporation's stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Employees Retirement System of Texas, Franklin Resources Inc., Janus Capital Management LLC, State Street Corp, Cipher Capital LP, Rafferty Asset Management LLC and AQR Capital Management LLC. Company insiders that have sold Regency Centers Corporation stock in the last year include Alan Todd Roth, Dan M Chandler III, J Christian Leavitt, James D Thompson, John S Delatour, Lisa Palmer and Nicholas Andrew Wibbenmeyer.

Who bought Regency Centers Corporation stock? Who is buying Regency Centers Corporation stock?

Regency Centers Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Two Sigma Investments LP, Asset Management One Co. Ltd., Waterfront Capital Partners LLC, Davis Selected Advisers, Dimensional Fund Advisors LP and United Capital Financial Advisers LLC.

How do I buy Regency Centers Corporation stock?

Shares of Regency Centers Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Regency Centers Corporation stock cost?

One share of Regency Centers Corporation stock can currently be purchased for approximately $71.19.

Regency Centers Corporation (NYSE:REG) Chart for Friday, February, 24, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Regency Centers Corporation (NYSE:REG)

Earnings History Chart

Earnings by Quarter for Regency Centers Corporation (NYSE:REG)

Dividend History Chart

Dividend Payments by Quarter for Regency Centers Corporation (NYSE:REG)

Last Updated on 2/24/2017 by Staff