Regency Centers Corporation (NASDAQ:REG) Receives $83.82 Consensus Target Price from Analysts

Regency Centers Corporation (NASDAQ:REG) has been assigned a consensus rating of “Moderate Buy” from the nineteen brokerages that are currently covering the company, MarketBeat reports. Ten equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $83.8235.

Several brokerages have issued reports on REG. LADENBURG THALM/SH SH upped their target price on Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and set a $88.00 price target on shares of Regency Centers in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft lowered shares of Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a report on Friday, May 29th. Wells Fargo & Company cut their price objective on shares of Regency Centers from $90.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, August 19th. Finally, UBS Group increased their target price on shares of Regency Centers from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, July 9th.

Insider Transactions at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $80.14, for a total transaction of $99,373.60. Following the transaction, the insider directly owned 17,990 shares of the company’s stock, valued at approximately $1,441,718.60. This trade represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Regency Centers

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Inspire Investing LLC increased its stake in Regency Centers by 0.6% in the 1st quarter. Inspire Investing LLC now owns 22,480 shares of the company’s stock worth $1,701,000 after purchasing an additional 141 shares during the period. Tema ETFs LLC boosted its stake in shares of Regency Centers by 7.1% during the second quarter. Tema ETFs LLC now owns 2,184 shares of the company’s stock valued at $174,000 after purchasing an additional 145 shares during the period. Norinchukin Bank The grew its holdings in shares of Regency Centers by 0.8% in the third quarter. Norinchukin Bank The now owns 17,730 shares of the company’s stock worth $1,293,000 after purchasing an additional 147 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Regency Centers by 63.1% in the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after purchasing an additional 157 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Regency Centers by 12.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,437 shares of the company’s stock worth $102,000 after buying an additional 162 shares during the period. Institutional investors own 96.07% of the company’s stock.

Regency Centers Stock Up 0.1%

REG opened at $75.52 on Monday. The stock has a market cap of $13.83 billion, a PE ratio of 25.60, a P/E/G ratio of 3.15 and a beta of 0.80. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. Regency Centers has a 52 week low of $66.86 and a 52 week high of $83.66. The business’s fifty day simple moving average is $79.12 and its 200 day simple moving average is $78.22.

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

Regency Centers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be given a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers’s dividend payout ratio is presently 102.37%.

About Regency Centers

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.