About Regency Centers (NYSE:REG)
Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership. The Company's properties include Palm Valley Marketplace, Shops at Arizona, Amerige Heights Town Center, Clayton Valley Shopping Center, Five Points Shopping Center, French Valley Village Center, Hasley Canyon Village, Pleasant Hill Shopping Center, Snell & Branham Plaza, Applewood Shopping Center, Kent Place, Black Rock, Spring Valley Shopping Center and Pebblebrook Plaza. As of December 31, 2016, the Company owned all of the Preferred Units of the Operating Partnership and approximately 99.9% of the Units in the Operating Partnership. As of December 31, 2016, it owned direct or partial interests in 307 shopping centers.
Industry, Sector and Symbol
Industry REAL ESTATE
Trailing P/E Ratio64.9540229885057
Forward P/E Ratio14.91
Sales & Book Value
Annual Sales$984.33 million
Price / Sales9.83
Cash Flow$2.90 per share
Price / Cash19.51
Book Value$39.58 per share
Price / Book1.43
Net Income$176.07 million
Return on Equity2.71%
Return on Assets1.62%
Regency Centers (NYSE:REG) Frequently Asked Questions
What is Regency Centers' stock symbol?
Regency Centers trades on the New York Stock Exchange (NYSE) under the ticker symbol "REG."
How often does Regency Centers pay dividends? What is the dividend yield for Regency Centers?
Regency Centers declared a quarterly dividend on Thursday, February 8th. Shareholders of record on Tuesday, February 20th will be given a dividend of $0.555 per share on Friday, March 2nd. This represents a $2.22 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend is Friday, February 16th. This is an increase from Regency Centers's previous quarterly dividend of $0.38. View Regency Centers' Dividend History.
How will Regency Centers' stock buyback program work?
Regency Centers announced that its board has approved a share repurchase plan on Friday, February 9th 2018, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.
How were Regency Centers' earnings last quarter?
Regency Centers Corp (NYSE:REG) announced its quarterly earnings results on Thursday, February, 8th. The real estate investment trust reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by $0.42. The real estate investment trust had revenue of $257.95 million for the quarter, compared to the consensus estimate of $257.60 million. Regency Centers had a net margin of 18.16% and a return on equity of 2.71%. During the same period in the prior year, the business earned $0.86 EPS. View Regency Centers' Earnings History.
When will Regency Centers make its next earnings announcement?
What guidance has Regency Centers issued on next quarter's earnings?
Regency Centers issued an update on its FY18 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of $3.48-3.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.78.
Where is Regency Centers' stock going? Where will Regency Centers' stock price be in 2018?
12 brokerages have issued twelve-month price objectives for Regency Centers' stock. Their predictions range from $62.50 to $75.00. On average, they anticipate Regency Centers' share price to reach $69.13 in the next twelve months. View Analyst Ratings for Regency Centers.
Who are some of Regency Centers' key competitors?
Some companies that are related to Regency Centers include Boston Properties (BXP), Ventas (VTR), CBRE Group (CBRE), Essex Property Trust (ESS), New World Development (NDVLY), Realty Income (O), Host Hotels and Resorts (HST), GECINA (GECFF), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Annaly Capital Management (NLY), Zillow Group (Z), Sino Land (SNLAY), Extra Space Storage (EXR), HCP (HCP), Mid-America Apartment Communities (MAA), Land Securities Gp (LSGOF) and UDR (UDR).
Who are Regency Centers' key executives?
Regency Centers' management team includes the folowing people:
- Martin Edward Stein Jr., Chairman of the Board, Chief Executive Officer (Age 64)
- Lisa Palmer, President, Chief Financial Officer (Age 49)
- Dan Mcfarland Chandler III, Executive Vice President - Development (Age 49)
- James D. Thompson, Executive Vice President - Operations (Age 61)
- Michael Mas, Managing Director - Finance
- John C. Schweitzer, Lead Independent Director (Age 72)
- Joseph F. Azrack, Independent Director (Age 70)
- Raymond L. Bank, Independent Director (Age 63)
- Bryce Blair, Independent Director (Age 58)
- C. Ronald Blankenship, Independent Director (Age 67)
Has Regency Centers been receiving favorable news coverage?
News headlines about REG stock have been trending somewhat positive on Thursday, Accern reports. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Regency Centers earned a news impact score of 0.06 on Accern's scale. They also gave headlines about the real estate investment trust an impact score of 44.86 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Regency Centers' major shareholders?
Regency Centers' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.06%), APG Asset Management US Inc. (3.08%), Cbre Clarion Securities LLC (2.99%), Daiwa Securities Group Inc. (2.22%), Bank of New York Mellon Corp (2.22%) and Boston Partners (1.59%). Company insiders that own Regency Centers stock include Alan Todd Roth, Anthony Grant Hawkshaw, Bryce Blair, Chaim Katzman, Dan M Chandler III, H Craig Ramey, J Christian Leavitt, James D Thompson, John C Schweitzer, John S Delatour, Lisa Palmer, Mary Lou Fiala and Nicholas Andrew Wibbenmeyer. View Institutional Ownership Trends for Regency Centers.
Which institutional investors are selling Regency Centers stock?
REG stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., PGGM Investments, Lasalle Investment Management Securities LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Duff & Phelps Investment Management Co. and Sei Investments Co.. Company insiders that have sold Regency Centers company stock in the last year include Alan Todd Roth, Anthony Grant Hawkshaw, Chaim Katzman, H Craig Ramey, J Christian Leavitt, James D Thompson, John C Schweitzer and Mary Lou Fiala. View Insider Buying and Selling for Regency Centers.
Which institutional investors are buying Regency Centers stock?
REG stock was acquired by a variety of institutional investors in the last quarter, including Cbre Clarion Securities LLC, Deutsche Bank AG, Alliancebernstein L.P., American Century Companies Inc., BlackRock Inc., Millennium Management LLC, Resolution Capital Ltd and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Regency Centers.
How do I buy shares of Regency Centers?
Shares of REG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Regency Centers' stock price today?
One share of REG stock can currently be purchased for approximately $56.64.
How big of a company is Regency Centers?
Regency Centers has a market capitalization of $9.73 billion and generates $984.33 million in revenue each year. The real estate investment trust earns $176.07 million in net income (profit) each year or $0.87 on an earnings per share basis. Regency Centers employs 446 workers across the globe.
How can I contact Regency Centers?
Regency Centers' mailing address is ONE INDEPENDENT DRIVE SUITE 114, JACKSONVILLE FL, 32202. The real estate investment trust can be reached via phone at 904-598-7000.
MarketBeat Community Rating for Regency Centers (REG)MarketBeat's community ratings are surveys of what our community members think about Regency Centers and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Regency Centers (NYSE:REG) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Hold|
|Consensus Rating Score: ||2.58||2.60||2.50||2.45|
|Ratings Breakdown: ||0 Sell Rating(s)|
6 Hold Rating(s)
5 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
4 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
3 Buy Rating(s)
1 Strong Buy Rating(s)
|1 Sell Rating(s)|
5 Hold Rating(s)
4 Buy Rating(s)
1 Strong Buy Rating(s)
|Consensus Price Target: ||$69.13||$71.05||$70.39||$71.45|
|Price Target Upside: ||22.04% upside||26.27% upside||0.56% upside||9.23% upside|
Regency Centers (NYSE:REG) Consensus Price Target History
Regency Centers (NYSE:REG) Analyst Ratings History
(Data available from 3/22/2016 forward)
Regency Centers (NYSE:REG) Earnings History and Estimates Chart
Regency Centers (NYSE REG) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/8/2018||Q4 2017||$0.92||$0.50||$257.60 million||$257.95 million||View||Listen|
|11/1/2017||Q3 2017||$0.91||$0.95||$254.04 million||$262.14 million||View||N/A|
|8/3/2017||Q2 2017||$0.90||$0.93||$248.50 million||$240.42 million||View||Listen|
|5/9/2017||Q1 2017||$0.83||$0.90||$185.43 million||$189.43 million||View||Listen|
|2/8/2017||Q416||$0.84||$0.86||$147.54 million||$152.99 million||View||Listen|
|11/1/2016||Q316||$0.80||$0.81||$148.82 million||$152.77 million||View||N/A|
|8/2/2016||Q2 2016||$0.81||$0.35||$147.51 million||$152.41 million||View||N/A|
|5/3/2016||Q116||$0.79||$0.86||$144.84 million||$142.86 million||View||N/A|
|2/10/2016||Q4||$0.74||$0.79||$141.72 million||$138.64 million||View||Listen|
|10/28/2015||Q315||$0.74||$0.76||$135.24 million||$136.28 million||View||Listen|
|8/5/2015||Q215||$0.73||$0.75||$133.09 million||$141.13 million||View||N/A|
|5/6/2015||$0.72||$0.74||$131.83 million||$163.95 million||View||N/A|
|2/11/2015||Q414||$0.72||$0.71||$133.74 million||$130.42 million||View||N/A|
|11/3/2014||Q314||$0.69||$0.71||$129.65 million||$127.78 million||View||N/A|
|8/6/2014||Q214||$0.67||$0.71||$128.44 million||$134.89 million||View||N/A|
|5/7/2014||Q114||$0.65||$0.69||$123.16 million||$133.28 million||View||N/A|
|2/11/2014||Q413||$0.64||$0.66||$118.68 million||$121.06 million||View||N/A|
|10/31/2013||Q313||$0.30||$0.65||$117.87 million||$117.74 million||View||N/A|
|7/31/2013||Q213||$0.64||$0.67||$121.19 million||$120.68 million||View||N/A|
|5/7/2013||Q113||$0.62||$0.64||$117.73 million||$126.09 million||View||N/A|
Regency Centers (NYSE:REG) Earnings Estimates
2018 EPS Consensus Estimate: $3.82
2019 EPS Consensus Estimate: $3.99
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Regency Centers (NYSE:REG) Dividend Information
|Most Recent Dividend:||3/2/2018|
|Dividend Growth:||3.80% (3 Year Average)|
|Payout Ratio:||255.17% (Trailing 12 Months of Earnings) |
58.42% (Based on This Year's Estimates)
55.92% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Regency Centers (NYSE:REG) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Regency Centers (NYSE REG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.10%
Institutional Ownership Percentage: 91.60%
Regency Centers (NYSE REG) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/19/2018||Bryce Blair||Director||Buy||1,739||$57.50||$99,992.50||10,842|| |
|3/8/2018||H Craig Ramey||Insider||Sell||1,400||$59.11||$82,754.00||18,337|| |
|3/5/2018||Bryce Blair||Director||Buy||1,709||$58.50||$99,976.50|| |
|2/22/2018||John C Schweitzer||Director||Sell||7,136||$58.36||$416,456.96||45,847|| |
|2/15/2018||Chaim Katzman||Director||Sell||1,759,257||$57.56||$101,262,832.92|| |
|1/26/2018||Chaim Katzman||Vice Chairman||Sell||52,771||$64.14||$3,384,731.94|| |
|1/23/2018||Chaim Katzman||Vice Chairman||Sell||257,076||$64.33||$16,537,699.08|| |
|1/19/2018||Chaim Katzman||Vice Chairman||Sell||17,600||$64.06||$1,127,456.00|| |
|1/16/2018||Chaim Katzman||Vice Chairman||Sell||47,230||$64.32||$3,037,833.60|| |
|1/11/2018||Chaim Katzman||Vice Chairman||Sell||204,602||$64.90||$13,278,669.80|| |
|12/15/2017||Alan Todd Roth||Director||Sell||2,500||$69.89||$174,725.00||7,453|| |
|12/12/2017||James D Thompson||VP||Sell||14,983||$68.45||$1,025,586.35||48,976|| |
|12/8/2017||J Christian Leavitt||CAO||Sell||2,000||$67.61||$135,220.00||14,314|| |
|10/19/2017||Anthony Grant Hawkshaw||Director||Sell||4,500||$1.90||$8,550.00|
|9/11/2017||Chaim Katzman||Vice Chairman||Sell||1,055,758||$64.30||$67,885,239.40|| |
|8/23/2017||Mary Lou Fiala||Director||Sell||7,775||$65.74||$511,128.50||17,145|| |
|6/9/2017||H Craig Ramey||Insider||Sell||1,048||$62.17||$65,154.16||15,769|| |
|5/15/2017||John C Schweitzer||Director||Sell||4,000||$61.13||$244,520.00||46,694|| |
|3/30/2017||H Craig Ramey||Insider||Sell||750||$66.44||$49,830.00||16,817|| |
|3/13/2017||H Craig Ramey||Insider||Sell||3,000||$62.80||$188,400.00||17,567|| |
|3/7/2017||Lisa Palmer||Insider||Sell||10,000||$66.52||$665,200.00||36,728|| |
|12/22/2016||Bryce Blair||Director||Buy||1,486||$66.92||$99,443.12||4,084|| |
|8/23/2016||Bryce Blair||Director||Buy||1,251||$79.79||$99,817.29||4,084|| |
|6/13/2016||Dan M Chandler III||VP||Sell||2,000||$79.55||$159,100.00||143|| |
|6/9/2016||James D Thompson||VP||Sell||4,000||$79.75||$319,000.00||55,654|| |
|6/3/2016||James D Thompson||VP||Sell||3,500||$78.00||$273,000.00||59,654|| |
|5/11/2016||John S Delatour||Director||Sell||5,000||$78.05||$390,250.00||78,653|| |
|5/10/2016||Alan Todd Roth||Director||Sell||3,000||$79.77||$239,310.00||5,962|| |
|5/9/2016||Dan M Chandler III||VP||Sell||2,000||$78.97||$157,940.00|| |
|5/9/2016||J Christian Leavitt||CAO||Sell||3,000||$79.28||$237,840.00||14,469|| |
|5/6/2016||Lisa Palmer||CFO||Sell||10,000||$77.80||$778,000.00||27,901|| |
|5/6/2016||Nicholas Andrew Wibbenmeyer||Director||Sell||1,969||$78.10||$153,778.90|| |
|2/18/2016||Dan M Chandler III||VP||Sell||1,000||$70.36||$70,360.00||8,926|| |
|2/17/2016||Dan M Chandler III||VP||Sell||1,000||$70.07||$70,070.00||8,926|| |
|12/29/2015||James D Thompson||Director||Sell||1,500||$69.13||$103,695.00||52,932|| |
|12/2/2015||Mary Lou Fiala||Director||Sell||9,000||$67.13||$604,170.00||20,450|| |
|11/27/2015||Dan M Chandler III||Director||Sell||1,500||$67.52||$101,280.00||65|| |
|11/19/2015||Brian M. Smith||COO||Sell||65,578||$66.57||$4,365,527.46||61,323|| |
|9/30/2015||Dan M Chandler III||Director||Sell||1,500||$62.05||$93,075.00||65|| |
|5/20/2015||Bryce Blair||Director||Buy||1,500||$65.00||$97,500.00|| |
|3/30/2015||Dan M Chandler III||Director||Sell||1,000||$67.74||$67,740.00|| |
|3/20/2015||J Christian Leavitt||CAO||Sell||3,000||$69.15||$207,450.00|| |
|3/18/2015||Lisa Palmer||CFO||Sell||3,723||$67.70||$252,047.10|| |
|3/17/2015||Dan M Chandler III||Director||Sell||2,500||$66.45||$166,125.00|| |
|12/18/2014||James D Thompson||Director||Sell||2,500||$63.75||$159,375.00|| |
|12/8/2014||James D Thompson||Director||Sell||2,500||$63.00||$157,500.00|| |
|11/20/2014||Mary Lou Fiala||Director||Sell||7,000||$60.10||$420,700.00|| |
|11/7/2014||J Christian Leavitt||CAO||Sell||1,000||$61.74||$61,740.00|| |
|8/29/2014||Dan M Chandler III||Director||Sell||1,000||$57.06||$57,060.00|| |
|8/18/2014||Brian M Smith||COO||Sell||10,000||$56.81||$568,100.00|| |
|6/20/2014||Mary Lou Fiala||Director||Sell||3,000||$25.58||$76,740.00|| |
|6/16/2014||Dan M Chandler III||Director||Sell||2,000||$54.00||$108,000.00|| |
|6/3/2014||J Christian Leavitt||Insider||Sell||6,500||$54.04||$351,260.00|| |
|3/28/2014||James Thompson||Director||Sell||3,000||$50.80||$152,400.00||48,860|| |
|3/27/2014||Brian Smith||COO||Sell||11,500||$50.53||$581,095.00||113,336|| |
|3/27/2014||James Thompson||Director||Sell||3,000||$50.50||$151,500.00||48,860|| |
|3/18/2014||Dan Chandler III||Director||Sell||2,000||$50.30||$100,600.00||11,422|| |
|2/25/2014||J Christian Leavitt||Insider||Sell||1,000||$50.84||$50,840.00||22,741|| |
|2/18/2014||Mary Lou Fiala||Director||Sell||8,339||$50.65||$422,370.35||7,000|| |
|11/7/2013||Mary Lou Fiala||Director||Sell||5,015||$50.17||$251,602.55||7,000|| |
|11/4/2013||John S Delatour||Director||Sell||4,000||$51.53||$206,120.00|| |
|8/6/2013||Raymond Bank||Director||Sell||4,900||$51.89||$254,261.00||41,673|| |
|5/10/2013||John S Delatour||Director||Sell||10,000||$58.48||$584,800.00|| |
Regency Centers (NYSE REG) News Headlines
Regency Centers (NYSE:REG) SEC Filings
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Regency Centers (NYSE:REG) Income Statement, Balance Sheet and Cash Flow Statement
Regency Centers (NYSE REG) Stock Chart for Thursday, March, 22, 2018