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 1-year price targets for Regency Centers' stock. Their REG share price forecasts range from $62.00 to $72.00. On average, they expect the company's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price.
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Regency Centers' stock was trading at $62.50 on January 1st, 2023. Since then, REG stock has decreased by 6.5% and is now trading at $58.42.
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Regency Centers saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,090,000 shares, an increase of 14.9% from the April 15th total of 2,690,000 shares. Based on an average daily volume of 839,600 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.8% of the shares of the company are sold short.
View Regency Centers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our REG earnings forecast.

Regency Centers Co. (NASDAQ:REG) announced its quarterly earnings data on Friday, February, 10th. The company reported $0.98 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.98. The firm had revenue of $314.52 million for the quarter, compared to analysts' expectations of $305.23 million. Regency Centers had a net margin of 31.08% and a trailing twelve-month return on equity of 6.03%. During the same period last year, the firm earned $1.01 EPS.
Read the conference call transcript.

Regency Centers announced a quarterly dividend on Wednesday, May 17th. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.65 per share on Thursday, July 6th. This represents a $2.60 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date is Tuesday, June 13th.
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), Invesco Real Assets ESG ETF (IVRA), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Fidelity Real Estate Investment ETF (FPRO), iShares US Credit Bond ETF (CRED), AAM S&P 500 High Dividend Value ETF (SPDV), Thrivent Small-Mid Cap ESG ETF (TSME) and ETFB Green SRI REITs ETF (RITA).

Regency Centers (NASDAQ:REG) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.56%. 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 115.56%. 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 declared that its Board of Directors has authorized a stock repurchase plan on Thursday, February 9th 2023, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Regency Centers updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $4.07-$4.15 for the period, compared to the consensus estimate of $4.06. The company issued revenue guidance of -.

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

Regency Centers' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.41%), State Street Corp (7.08%), Principal Financial Group Inc. (4.23%), Price T Rowe Associates Inc. MD (3.95%), Boston Partners (2.35%) and Geode Capital Management LLC (2.22%). Insiders that own company stock include Alan Todd Roth, Dan M Chandler III, H Craig Ramey, 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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One share of REG stock can currently be purchased for approximately $58.42.

Regency Centers (NASDAQ:REG) has a market capitalization of $9.99 billion and generates $1.22 billion in revenue each year. The company earns $482.86 million in net income (profit) each year or $2.25 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.