Regency Centers Corporation (NASDAQ:REG) Stock Has Average Target Price of $83.76 According to Analysts

Shares of Regency Centers Corporation (NASDAQ:REG) have earned an average recommendation of “Moderate Buy” from the eighteen research firms that are presently covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $84.05.

REG has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their price target on shares of Regency Centers from $90.00 to $88.00 and set an “overweight” rating for the company in a report on Wednesday, August 19th. Evercore set a $83.00 price objective on shares of Regency Centers in a report on Thursday, July 30th. Barclays raised their target price on Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Weiss Ratings cut Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft downgraded Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research note on Friday, May 29th.

Hedge Funds Weigh In On Regency Centers

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Regency Centers during the second quarter valued at approximately $1,597,868,000. Norges Bank purchased a new position in shares of Regency Centers during the 4th quarter valued at approximately $1,183,667,000. Deutsche Bank AG acquired a new position in shares of Regency Centers in the 2nd quarter valued at $170,282,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Regency Centers by 18,982.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,953,088 shares of the company’s stock valued at $155,739,000 after purchasing an additional 1,942,853 shares during the period. Finally, Legal & General Group Plc purchased a new stake in Regency Centers during the second quarter worth $109,394,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

Regency Centers News Roundup

Here are the key news stories impacting Regency Centers this week:

• Positive Sentiment: JPMorgan upgraded Regency Centers to Overweight from Neutral and set an $83 price target, implying meaningful upside from the referenced share price. The upgrade indicates improved confidence in the retail REIT’s outlook and was likely the main catalyst supporting the stock. JPMorgan upgrades Regency Centers to Overweight
• Positive Sentiment: A report highlighted that Regency’s grocery-anchored shopping centers continue to perform well. Grocery-focused properties generally benefit from recurring consumer demand and can provide stability for occupancy and rental income. Regency’s grocery-anchored shopping centers still thriving
• Neutral Sentiment: JPMorgan also upgraded Regency Centers’ preferred stock to Overweight from Neutral. While positive for the company’s broader securities profile, the action may have a more limited direct effect on the common shares. JPMorgan upgrades Regency Centers preferred stock
• Neutral Sentiment: Reports comparing Regency Centers with Phillips Edison suggest investors are evaluating both REITs as potential value opportunities, but do not provide a decisive new catalyst for REG. PECO versus REG value comparison
• Negative Sentiment: Mizuho lowered its price target to $76 from $82 while retaining a Neutral rating. The reduced valuation target signals more limited upside and offsets some of the optimism from JPMorgan’s upgrade. Mizuho changes Regency Centers price target

Regency Centers Price Performance

Shares of REG stock opened at $72.92 on Friday. Regency Centers has a fifty-two week low of $66.86 and a fifty-two week high of $83.66. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market capitalization of $13.35 billion, a price-to-earnings ratio of 24.72, a PEG ratio of 4.37 and a beta of 0.79. The stock’s 50-day simple moving average is $76.96 and its 200-day simple moving average is $77.81.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $0.59 by $0.62. The firm had revenue of $413.51 million during the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. During the same period last year, the firm posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, equities analysts forecast that Regency Centers will post 4.86 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a $0.7550 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.02 dividend on an annualized basis and a yield of 4.1%. Regency Centers’s dividend payout ratio is currently 102.37%.

About Regency Centers

Regency Centers Corporation (NASDAQ: REG) is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail properties in the United States. The company primarily focuses on high-quality, grocery-anchored shopping centers designed to serve the daily needs of surrounding communities.

Regency’s properties typically include supermarkets, restaurants, specialty retailers, service providers and other complementary tenants. Its activities include leasing and managing shopping centers, pursuing redevelopment opportunities and developing new retail properties in established, attractive trade areas.

Headquartered in Jacksonville, Florida, Regency Centers traces its roots to 1963 and serves communities across major metropolitan areas in the United States.