Regency Centers Co. (NASDAQ:REG) to Post FY2025 Earnings of $4.35 Per Share, Zacks Research Forecasts
Regency Centers Co. (NASDAQ:REG – Free Report) – Zacks Research increased their FY2025 earnings per share (EPS) estimates for Regency Centers in a report released on Monday, December 4th. Zacks Research analyst N. Dass now anticipates that the company will post earnings of $4.35 per share for the year, up from their previous forecast of $4.34. The consensus estimate for Regency Centers’ current full-year earnings is $4.15 per share.
Several other analysts also recently weighed in on REG. Bank of America decreased their price objective on Regency Centers from $79.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, August 22nd. Compass Point upgraded Regency Centers from a “neutral” rating to a “buy” rating and set a $72.00 target price on the stock in a research note on Thursday, November 30th. StockNews.com started coverage on Regency Centers in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. Argus upgraded Regency Centers from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Wednesday, September 20th. They noted that the move was a valuation call. Finally, Raymond James upgraded Regency Centers from a “market perform” rating to an “outperform” rating and set a $69.00 price target on the stock in a research note on Tuesday, September 5th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Regency Centers presently has an average rating of “Moderate Buy” and an average target price of $71.25.
Get Our Latest Analysis on REG
Regency Centers Stock Performance
REG stock opened at $64.55 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.78 and a quick ratio of 0.78. The business has a 50-day moving average price of $60.29 and a 200 day moving average price of $61.27. The company has a market capitalization of $11.91 billion, a P/E ratio of 30.31, a PEG ratio of 4.58 and a beta of 1.16. Regency Centers has a 1-year low of $54.72 and a 1-year high of $68.56.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in REG. Vanguard Group Inc. increased its position in shares of Regency Centers by 1.6% during the first quarter. Vanguard Group Inc. now owns 26,552,444 shares of the company’s stock worth $1,894,252,000 after purchasing an additional 425,589 shares in the last quarter. BlackRock Inc. increased its position in shares of Regency Centers by 3.9% during the first quarter. BlackRock Inc. now owns 17,807,259 shares of the company’s stock worth $1,089,448,000 after purchasing an additional 660,801 shares in the last quarter. Norges Bank purchased a new stake in shares of Regency Centers during the fourth quarter worth approximately $1,011,208,000. State Street Corp grew its holdings in Regency Centers by 8.1% in the 1st quarter. State Street Corp now owns 11,923,732 shares of the company’s stock valued at $857,927,000 after buying an additional 890,452 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Regency Centers by 1.2% in the 3rd quarter. Principal Financial Group Inc. now owns 7,330,089 shares of the company’s stock valued at $435,697,000 after buying an additional 90,051 shares in the last quarter. 90.59% of the stock is owned by institutional investors and hedge funds.
Regency Centers Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Thursday, December 14th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.15%. This is an increase from Regency Centers’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Wednesday, December 13th. Regency Centers’s dividend payout ratio is presently 125.82%.
About Regency Centers (Get Free Report)
Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.
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