Mizuho Has Lowered Expectations for Regency Centers (NASDAQ:REG) Stock Price

Regency Centers (NASDAQ:REG) had its price target lowered by equities researchers at Mizuho from $82.00 to $76.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Mizuho’s price objective would indicate a potential upside of 4.40% from the company’s previous close.

Several other equities analysts have also commented on the company. BTIG Research reissued a “buy” rating and issued a $85.00 target price on shares of Regency Centers in a report on Friday, June 12th. Argus set a $85.00 price target on Regency Centers in a report on Monday, August 10th. Scotiabank lowered their price objective on Regency Centers from $82.00 to $81.00 and set a “sector perform” rating for the company in a research report on Thursday, September 17th. LADENBURG THALM/SH SH increased their price objective on Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Griffin Securities set a $81.00 target price on Regency Centers in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $84.05.

Regency Centers Stock Up 0.1%

Shares of REG stock traded up $0.07 during trading hours on Thursday, reaching $72.80. 616,119 shares of the stock were exchanged, compared to its average volume of 1,397,054. Regency Centers has a 12-month low of $66.86 and a 12-month high of $83.66. The business’s fifty day moving average is $77.15 and its two-hundred day moving average is $77.85. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market capitalization of $13.33 billion, a P/E ratio of 24.67, a P/E/G ratio of 4.37 and a beta of 0.79.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The company had revenue of $413.51 million for the quarter, compared to the consensus estimate of $411.07 million. During the same period in the prior year, the firm posted $1.16 EPS. 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 EPS for the current fiscal year.

Institutional Trading of Regency Centers

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Regency Centers during the 2nd quarter valued at $1,597,868,000. Norges Bank purchased a new position in shares of Regency Centers during the fourth quarter valued at $1,183,667,000. Deutsche Bank AG purchased a new position in Regency Centers during the second quarter valued at approximately $170,282,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position 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 worth $155,739,000 after acquiring an additional 1,942,853 shares in the last quarter. Finally, Legal & General Group Plc bought a new position in shares of Regency Centers during the 2nd quarter worth approximately $109,394,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

Regency Centers Company Profile

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.