Regency Centers (REG) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Regency Centers in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" REG shares.
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9 brokerages have issued twelve-month target prices for Regency Centers' stock. Their REG share price forecasts range from $62.00 to $72.00. On average, they predict the company's stock price to reach $68.09 in the next year. This suggests a possible upside of 18.2% from the stock's current price.
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Regency Centers' stock was trading at $62.50 on January 1st, 2023. Since then, REG shares have decreased by 7.8% and is now trading at $57.63.
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Regency Centers saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,090,000 shares, an increase of 14.9% from the April 15th total of 2,690,000 shares. Based on an average daily trading volume, of 839,600 shares, the days-to-cover ratio is presently 3.7 days. Currently, 1.8% of the company's stock are sold short.
View Regency Centers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our REG earnings forecast.

Regency Centers Co. (NASDAQ:REG) announced its quarterly earnings data on Friday, February, 10th. The company reported $0.98 EPS for the quarter, hitting analysts' consensus estimates of $0.98. The firm earned $314.52 million during the quarter, compared to analysts' expectations of $305.23 million. Regency Centers had a net margin of 31.08% and a trailing twelve-month return on equity of 6.03%. During the same period in the previous year, the business posted $1.01 earnings per share.
Read the conference call transcript.

Regency Centers announced a quarterly dividend on Sunday, May 21st. Stockholders of record on Wednesday, June 14th will be paid a dividend of $0.65 per share on Thursday, July 6th. This represents a $2.60 annualized dividend and a dividend yield of 4.51%. The ex-dividend date is Tuesday, June 13th.
Read our dividend analysis for REG.

ETFs with the largest weight of Regency Centers (NASDAQ:REG) stock in their portfolio include Invesco S&P 500 Equal Weight Real Estate ETF (EWRE), Invesco Real Assets ESG ETF (IVRA), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Fidelity Real Estate Investment ETF (FPRO), iShares US Credit Bond ETF (CRED), AAM S&P 500 High Dividend Value ETF (SPDV), Thrivent Small-Mid Cap ESG ETF (TSME) and ETFB Green SRI REITs ETF (RITA).

Regency Centers (NASDAQ:REG) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.46%. REG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 115.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, REG will have a dividend payout ratio of 61.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REG.

Regency Centers declared that its Board of Directors has initiated a stock repurchase program on Thursday, February 9th 2023, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its shares are undervalued.

Regency Centers issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $4.07-$4.15 for the period, compared to the consensus EPS estimate of $4.06. The company issued revenue guidance of -.

Regency Centers trades on the NASDAQ under the ticker symbol "REG."

Regency Centers' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.41%), State Street Corp (7.08%), Principal Financial Group Inc. (4.23%), Price T Rowe Associates Inc. MD (3.95%), Boston Partners (2.35%) and Geode Capital Management LLC (2.22%). Insiders that own company stock include Alan Todd Roth, Dan M Chandler III, H Craig Ramey, J Christian Leavitt, James D Thompson, Lisa Palmer, Martin E Stein Jr, Nicholas Andrew Wibbenmeyer and Thomas G Wattles.
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Shares of REG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of REG stock can currently be purchased for approximately $57.63.

Regency Centers (NASDAQ:REG) has a market capitalization of $9.85 billion and generates $1.22 billion in revenue each year. The company earns $482.86 million in net income (profit) each year or $2.25 on an earnings per share basis.

The company employs 432 workers across the globe.

Regency Centers' mailing address is ONE INDEPENDENT DRIVE SUITE 114, JACKSONVILLE FL, 32202. The official website for the company is www.regencycenters.com. The company can be reached via phone at (904) 598-7000, via email at irinfo@regencycenters.com, or via fax at 904-634-3428.