Regency Centers Corporation (REG) Earns News Impact Rating of 0.15
News articles about Regency Centers Corporation (NYSE:REG) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Regency Centers Corporation earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 47.5469112215103 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Regency Centers Corporation (REG) Given a $70.00 Price Target by Citigroup Inc. Analysts (americanbankingnews.com)
- FY2019 Earnings Forecast for Regency Centers Corporation (NYSE:REG) Issued By SunTrust Banks (americanbankingnews.com)
- Regency Centers Corporation (NYSE:REG) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- See what the IHS Markit Score report has to say about Regency Centers Corp. (finance.yahoo.com)
- Zacks: Brokerages Anticipate Regency Centers Corporation (NYSE:REG) Will Announce Quarterly Sales of $252.41 Million (americanbankingnews.com)
REG has been the subject of a number of analyst reports. Jefferies Group LLC reiterated a “hold” rating and issued a $72.00 price target on shares of Regency Centers Corporation in a research note on Monday, April 24th. TheStreet lowered Regency Centers Corporation from a “b” rating to a “c” rating in a research note on Tuesday, May 9th. BidaskClub upgraded Regency Centers Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 14th. Royal Bank Of Canada reiterated a “buy” rating and issued a $70.00 price target on shares of Regency Centers Corporation in a research note on Monday, June 19th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a $73.00 price target (up previously from $72.00) on shares of Regency Centers Corporation in a research note on Monday, July 10th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Regency Centers Corporation presently has an average rating of “Hold” and a consensus target price of $74.45.
Regency Centers Corporation (NYSE REG) opened at 65.06 on Wednesday. Regency Centers Corporation has a 12 month low of $58.63 and a 12 month high of $82.44. The stock has a market cap of $11.04 billion, a price-to-earnings ratio of 108.07 and a beta of 0.56. The stock’s 50 day moving average price is $64.48 and its 200-day moving average price is $65.07.
Regency Centers Corporation (NYSE:REG) last released its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.03. The business had revenue of $240.42 million during the quarter, compared to analysts’ expectations of $248.50 million. Regency Centers Corporation had a net margin of 13.19% and a return on equity of 2.20%. During the same quarter in the previous year, the company earned $0.81 earnings per share. Equities analysts expect that Regency Centers Corporation will post $1.13 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Wednesday, August 16th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, August 14th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.26%. Regency Centers Corporation’s dividend payout ratio is currently 353.34%.
In other news, insider H Craig Ramey sold 1,048 shares of the business’s stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $62.17, for a total transaction of $65,154.16. Following the completion of the sale, the insider now owns 15,769 shares of the company’s stock, valued at $980,358.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 12.66% of the stock is owned by insiders.
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Regency Centers Corporation Company Profile
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.
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