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

by · The Markets Daily

Regency Centers (NASDAQ:REG – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.02, FiscalAI reports. The business had revenue of $413.51 million during the quarter, compared to analyst estimates 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 Performance

Shares of NASDAQ REG traded up $0.14 during midday trading on Wednesday, reaching $81.11. 1,801,017 shares of the company traded hands, compared to its average volume of 1,422,937. The company has a market cap of $14.85 billion, a price-to-earnings ratio of 27.97, a PEG ratio of 3.49 and a beta of 0.80. The stock has a 50-day moving average price of $79.52 and a 200 day moving average price of $77.33. Regency Centers has a 52 week low of $66.86 and a 52 week high of $83.66. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were paid a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, June 12th. Regency Centers’s payout ratio is currently 104.14%.

Wall Street Analysts Forecast Growth

REG has been the topic of a number of recent research reports. Jefferies Financial Group upgraded Regency Centers to a “strong-buy” rating in a research note on Friday, June 26th. UBS Group increased their price objective on shares of Regency Centers from $81.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Wells Fargo & Company lifted their price objective on shares of Regency Centers from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Citigroup boosted their target price on shares of Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Regency Centers in a research report on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $83.06.

Get Our Latest Report on REG

Insider Activity at Regency Centers

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the transaction, the insider owned 17,990 shares of the company’s stock, valued at approximately $1,441,718.60. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $79.06, for a total transaction of $626,708.62. Following the transaction, the insider directly owned 33,069 shares in the company, valued at approximately $2,614,435.14. The trade was a 19.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 283,782 shares of company stock worth $22,255,898 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Regency Centers

Institutional investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. boosted its stake in Regency Centers by 63.1% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after purchasing an additional 157 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Regency Centers in the 2nd quarter worth $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Regency Centers in the second quarter valued at $34,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Regency Centers by 233.3% in the second quarter. EverSource Wealth Advisors LLC now owns 570 shares of the company’s stock valued at $41,000 after buying an additional 399 shares during the period. Finally, Advisory Services Network LLC bought a new position in Regency Centers during the third quarter valued at about $48,000. 96.07% of the stock is currently owned by institutional investors and hedge funds.

About Regency Centers

(Get Free Report)

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.

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