Regency Centers (NASDAQ:REG – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.830-4.870 for the period, compared to the consensus earnings per share estimate of 4.850. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the company. Citigroup boosted their price objective on Regency Centers from $75.00 to $76.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Mizuho reissued a “neutral” rating and set a $74.00 price objective (down from $77.00) on shares of Regency Centers in a report on Friday, January 9th. Wells Fargo & Company boosted their price objective on Regency Centers from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. UBS Group set a $76.00 price objective on Regency Centers in a research note on Wednesday, January 14th. Finally, Robert W. Baird set a $84.00 price objective on shares of Regency Centers in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $80.36.
Regency Centers Price Performance
Regency Centers (NASDAQ:REG – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.62 by $0.54. Regency Centers had a net margin of 33.95% and a return on equity of 7.79%. The business had revenue of $412.45 million for the quarter, compared to analyst estimates of $410.81 million. Regency Centers has set its FY 2026 guidance at 4.830-4.870 EPS. On average, equities research analysts expect that Regency Centers will post 4.85 earnings per share for the current fiscal year.
Regency Centers Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were paid a dividend of $0.755 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.8%. Regency Centers’s dividend payout ratio (DPR) is presently 107.86%.
Insider Activity at Regency Centers
In related news, Chairman Martin E. Stein, Jr. sold 38,000 shares of the stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $77.21, for a total transaction of $2,933,980.00. Following the sale, the chairman owned 157,892 shares of the company’s stock, valued at $12,190,841.32. This trade represents a 19.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 177,490 shares of company stock worth $13,839,932 over the last quarter. 1.00% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in shares of Regency Centers by 364.9% in the 4th quarter. AQR Capital Management LLC now owns 842,037 shares of the company’s stock valued at $58,126,000 after purchasing an additional 660,896 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in Regency Centers in the 3rd quarter worth approximately $47,563,000. UBS Group AG boosted its holdings in Regency Centers by 78.8% in the 3rd quarter. UBS Group AG now owns 1,337,215 shares of the company’s stock worth $97,483,000 after acquiring an additional 589,327 shares during the period. CI Investments Inc. increased its holdings in Regency Centers by 773.5% during the 4th quarter. CI Investments Inc. now owns 553,269 shares of the company’s stock worth $38,192,000 after purchasing an additional 489,927 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in Regency Centers by 252.5% during the 4th quarter. First Trust Advisors LP now owns 600,394 shares of the company’s stock worth $41,445,000 after purchasing an additional 430,092 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.
About Regency Centers
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.
Further Reading
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