Regency Centers (NASDAQ:REG) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Regency Centers (NASDAQ:REG) posted its quarterly earnings data on Wednesday. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.02, FiscalAI reports. The firm had revenue of $413.51 million for the quarter, compared to the consensus estimate of $411.07 million. Regency Centers had a return on equity of 7.99% and a net margin of 34.47%. Regency Centers updated its FY 2026 guidance to 4.840-4.880 EPS.

Regency Centers Stock Up 0.2%

NASDAQ:REG traded up $0.14 during trading hours on Wednesday, reaching $81.11. 1,801,017 shares of the stock were exchanged, compared to its average volume of 1,422,936. The stock has a market cap of $14.85 billion, a PE ratio of 27.97, a PEG ratio of 3.49 and a beta of 0.80. Regency Centers has a twelve month low of $66.86 and a twelve month high of $83.66. The firm has a 50 day moving average of $79.52 and a 200 day moving average of $77.33. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.14 and a quick ratio of 2.14.

Regency Centers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th were paid a $0.755 dividend. The ex-dividend date was Friday, June 12th. This represents a $3.02 annualized dividend and a yield of 3.7%. Regency Centers’s payout ratio is presently 104.14%.

Insider Transactions at Regency Centers

In other news, Chairman Martin E. Stein, Jr. sold 274,615 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $78.40, for a total value of $21,529,816.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $79.06, for a total transaction of $626,708.62. Following the transaction, the insider owned 33,069 shares of the company’s stock, valued at $2,614,435.14. The trade was a 19.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 283,782 shares of company stock valued at $22,255,898 over the last 90 days. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Regency Centers

Hedge funds have recently modified their holdings of the stock. Norinchukin Bank The lifted its holdings in Regency Centers by 0.8% during the 3rd quarter. Norinchukin Bank The now owns 17,730 shares of the company’s stock valued at $1,293,000 after purchasing an additional 147 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in shares of Regency Centers by 63.1% in the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after purchasing an additional 157 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Regency Centers by 12.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,437 shares of the company’s stock valued at $102,000 after purchasing an additional 162 shares during the period. Parallel Advisors LLC raised its position in shares of Regency Centers by 6.7% in the third quarter. Parallel Advisors LLC now owns 2,690 shares of the company’s stock valued at $196,000 after purchasing an additional 170 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in shares of Regency Centers by 3.1% during the 2nd quarter. Corient Private Wealth LLC now owns 6,572 shares of the company’s stock worth $468,000 after buying an additional 198 shares during the last quarter. Institutional investors own 96.07% of the company’s stock.

Analyst Ratings Changes

REG has been the subject of a number of research reports. UBS Group lifted their price objective on Regency Centers from $81.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Barclays lifted their price objective on Regency Centers from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Jefferies Financial Group raised shares of Regency Centers to a “strong-buy” rating in a research note on Friday, June 26th. Evercore set a $81.00 price target on shares of Regency Centers in a report on Tuesday, July 7th. Finally, Morgan Stanley lifted their price objective on Regency Centers from $85.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $83.06.

Regency Centers Company Profile

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.