Comparing Regency Centers (NASDAQ:REG) & RioCan Real Estate Investment Trust (OTCMKTS:RIOCF)

Regency Centers (NASDAQ:REG) and RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) are both real estate companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, profitability, dividends, valuation and earnings.

Valuation & Earnings

This table compares Regency Centers and RioCan Real Estate Investment Trust”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Regency Centers	$1.62 billion	8.63	$527.46 million	$2.95	25.86
RioCan Real Estate Investment Trust	N/A	N/A	N/A	$2.46	6.30

Regency Centers has higher revenue and earnings than RioCan Real Estate Investment Trust. RioCan Real Estate Investment Trust is trading at a lower price-to-earnings ratio than Regency Centers, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Regency Centers and RioCan Real Estate Investment Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Regency Centers	34.38%	8.04%	4.26%
RioCan Real Estate Investment Trust	N/A	N/A	N/A

Insider & Institutional Ownership

96.1% of Regency Centers shares are owned by institutional investors. Comparatively, 33.6% of RioCan Real Estate Investment Trust shares are owned by institutional investors. 1.0% of Regency Centers shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Dividends

Regency Centers pays an annual dividend of $3.02 per share and has a dividend yield of 4.0%. RioCan Real Estate Investment Trust pays an annual dividend of $1.41 per share and has a dividend yield of 9.1%. Regency Centers pays out 102.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. RioCan Real Estate Investment Trust pays out 57.3% of its earnings in the form of a dividend. Regency Centers has raised its dividend for 5 consecutive years. RioCan Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Analyst Recommendations

This is a summary of recent ratings for Regency Centers and RioCan Real Estate Investment Trust, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Regency Centers	0	10	7	2	2.58
RioCan Real Estate Investment Trust	0	0	0	0	0.00

Regency Centers presently has a consensus target price of $83.94, suggesting a potential upside of 10.03%. Given Regency Centers’ stronger consensus rating and higher possible upside, analysts plainly believe Regency Centers is more favorable than RioCan Real Estate Investment Trust.

Summary

Regency Centers beats RioCan Real Estate Investment Trust on 13 of the 15 factors compared between the two stocks.

About Regency Centers

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

About RioCan Real Estate Investment Trust

RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.