Analysts Set Regency Centers Corporation (NASDAQ:REG) PT at $83.82

Regency Centers Corporation (NASDAQ:REGGet Free Report) has earned an average recommendation of “Moderate Buy” from the nineteen research firms that are currently covering the firm, MarketBeat.com reports. Ten research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $83.8235.

A number of analysts recently weighed in on the stock. BTIG Research restated a “buy” rating and set a $85.00 target price on shares of Regency Centers in a report on Friday, June 12th. Raymond James Financial reiterated an “outperform” rating and set a $88.00 price objective on shares of Regency Centers in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft lowered Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a research note on Friday, May 29th. Citigroup lifted their target price on Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, LADENBURG THALM/SH SH boosted their target price on Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st.

View Our Latest Stock Analysis on REG

Insiders Place Their Bets

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the business’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 sale, the insider owned 17,990 shares in the company, valued at approximately $1,441,718.60. The trade was a 6.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in REG. Inspire Investing LLC raised its holdings in Regency Centers by 0.6% during 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 last quarter. Tema ETFs LLC boosted its stake in shares of Regency Centers by 7.1% in the 2nd 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 last quarter. Norinchukin Bank The grew its position in shares of Regency Centers by 0.8% during the 3rd quarter. Norinchukin Bank The now owns 17,730 shares of the company’s stock worth $1,293,000 after buying an additional 147 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of Regency Centers by 63.1% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after buying an additional 157 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Regency Centers by 12.7% during 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 last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Stock Performance

NASDAQ:REG opened at $76.38 on Monday. Regency Centers has a twelve month low of $66.86 and a twelve month high of $83.66. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average of $79.18 and a 200-day moving average of $78.24. The firm has a market cap of $13.99 billion, a price-to-earnings ratio of 25.89, a price-to-earnings-growth ratio of 3.21 and a beta of 0.80.

Regency Centers (NASDAQ:REGGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $411.07 million. During the same quarter in the previous year, the company posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Analysts forecast that Regency Centers will post 4.86 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a $0.755 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. Regency Centers’s dividend payout ratio (DPR) is 102.37%.

Regency Centers Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Regency Centers (NASDAQ:REG)

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