Regency Centers’ (REG) “Buy (B-)” Rating Reaffirmed at Weiss Ratings

Regency Centers (NASDAQ:REGGet Free Report)‘s stock had its “buy (b-)” rating reissued by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

REG has been the topic of a number of other reports. Barclays lifted their price objective on Regency Centers from $79.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Monday. Truist Financial lifted their price objective on Regency Centers from $79.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. LADENBURG THALM/SH SH started coverage on Regency Centers in a report on Tuesday, September 9th. They set a “neutral” rating and a $76.00 price target on the stock. Wall Street Zen raised shares of Regency Centers from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, Wells Fargo & Company boosted their target price on shares of Regency Centers from $79.00 to $81.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.09.

View Our Latest Research Report on REG

Regency Centers Price Performance

Regency Centers stock opened at $71.26 on Wednesday. The stock’s 50 day moving average is $71.79 and its 200 day moving average is $71.40. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $12.94 billion, a P/E ratio of 33.30, a P/E/G ratio of 3.09 and a beta of 1.09. Regency Centers has a one year low of $63.44 and a one year high of $78.18.

Regency Centers (NASDAQ:REGGet Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.04. The company had revenue of $369.85 million for the quarter, compared to analyst estimates of $366.35 million. Regency Centers had a return on equity of 6.05% and a net margin of 27.00%.The firm’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.06 earnings per share. Regency Centers has set its FY 2025 guidance at 4.590-4.630 EPS. As a group, research analysts expect that Regency Centers will post 4.54 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of REG. Caitong International Asset Management Co. Ltd raised its holdings in Regency Centers by 42.3% during the first quarter. Caitong International Asset Management Co. Ltd now owns 505 shares of the company’s stock worth $37,000 after buying an additional 150 shares during the last quarter. Atria Investments Inc raised its holdings in Regency Centers by 3.3% during the second quarter. Atria Investments Inc now owns 4,847 shares of the company’s stock worth $345,000 after buying an additional 156 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in Regency Centers by 1.7% during the first quarter. Crossmark Global Holdings Inc. now owns 9,627 shares of the company’s stock worth $710,000 after buying an additional 160 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Regency Centers by 12.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,437 shares of the company’s stock worth $102,000 after buying an additional 162 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in Regency Centers by 3.9% during the second quarter. Bessemer Group Inc. now owns 4,399 shares of the company’s stock worth $313,000 after buying an additional 165 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

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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