American Assets Trust (AAT) vs. Regency Centers Corporation (REG) Financial Analysis
Regency Centers Corporation (NYSE: REG) and American Assets Trust (NYSE:AAT) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, dividends, risk, profitability, earnings and institutional ownership.
This is a breakdown of recent ratings and target prices for Regency Centers Corporation and American Assets Trust, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Regency Centers Corporation||0||6||4||1||2.55|
|American Assets Trust||0||1||1||0||2.50|
Regency Centers Corporation presently has a consensus target price of $71.45, suggesting a potential upside of 14.54%. American Assets Trust has a consensus target price of $47.00, suggesting a potential upside of 15.79%. Given American Assets Trust’s higher probable upside, analysts clearly believe American Assets Trust is more favorable than Regency Centers Corporation.
Earnings & Valuation
This table compares Regency Centers Corporation and American Assets Trust’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Regency Centers Corporation||$798.89 million||13.25||$508.87 million||$0.60||103.97|
|American Assets Trust||$298.95 million||6.40||$168.82 million||$0.66||61.50|
Regency Centers Corporation has higher revenue and earnings than American Assets Trust. American Assets Trust is trading at a lower price-to-earnings ratio than Regency Centers Corporation, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Regency Centers Corporation has a beta of 0.56, indicating that its stock price is 44% less volatile than the S&P 500. Comparatively, American Assets Trust has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500.
Institutional and Insider Ownership
91.6% of Regency Centers Corporation shares are owned by institutional investors. Comparatively, 97.8% of American Assets Trust shares are owned by institutional investors. 12.7% of Regency Centers Corporation shares are owned by insiders. Comparatively, 34.2% of American Assets Trust shares are owned by 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.
This table compares Regency Centers Corporation and American Assets Trust’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Regency Centers Corporation||13.19%||2.20%||1.26%|
|American Assets Trust||10.93%||3.94%||1.61%|
Regency Centers Corporation pays an annual dividend of $2.12 per share and has a dividend yield of 3.4%. American Assets Trust pays an annual dividend of $1.04 per share and has a dividend yield of 2.6%. Regency Centers Corporation pays out 353.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. American Assets Trust pays out 157.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. American Assets Trust has raised its dividend for 3 consecutive years.
About Regency Centers Corporation
Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership. The Company’s properties include Palm Valley Marketplace, Shops at Arizona, Amerige Heights Town Center, Clayton Valley Shopping Center, Five Points Shopping Center, French Valley Village Center, Hasley Canyon Village, Pleasant Hill Shopping Center, Snell & Branham Plaza, Applewood Shopping Center, Kent Place, Black Rock, Spring Valley Shopping Center and Pebblebrook Plaza. As of December 31, 2016, the Company owned all of the Preferred Units of the Operating Partnership and approximately 99.9% of the Units in the Operating Partnership. As of December 31, 2016, it owned direct or partial interests in 307 shopping centers.
About American Assets Trust
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in Southern California, Northern California, Oregon, Washington, Texas and Hawaii markets. The Company operates in four business segments: retail, office, multifamily and mixed-use. As of December 31, 2016, the Company’s portfolio consisted of 11 retail shopping centers; seven office properties; a mixed-use property consisting of a 369-room all-suite hotel and a retail shopping center, and five multifamily properties. Additionally, as of December 31, 2016, the Company owned land at four of its properties that it classified as held for development and construction in progress. The Company’s markets include San Diego, the San Francisco Bay Area, Portland, Oregon, Bellevue, Washington and Oahu, Hawaii.
Receive News & Ratings for Regency Centers Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Centers Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.