Regency Centers (NASDAQ:REG) Announces Quarterly Earnings Results

Regency Centers (NASDAQ:REG) issued its quarterly earnings data on Thursday. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.61, Zacks reports. Regency Centers had a net margin of 27.78% and a return on equity of 5.85%. Regency Centers updated its FY 2025 guidance to 4.520-4.580 EPS.

Regency Centers Price Performance

Shares of NASDAQ:REG traded down $0.09 during midday trading on Thursday, hitting $72.95. The stock had a trading volume of 934,983 shares, compared to its average volume of 913,291. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $13.24 billion, a P/E ratio of 34.25, a price-to-earnings-growth ratio of 3.71 and a beta of 1.22. The company’s 50-day moving average price is $72.93 and its 200-day moving average price is $72.06. Regency Centers has a fifty-two week low of $56.51 and a fifty-two week high of $76.53.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on REG. BTIG Research lifted their price target on Regency Centers from $72.00 to $79.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. KeyCorp assumed coverage on Regency Centers in a report on Friday, October 25th. They set an “overweight” rating and a $80.00 target price for the company. Mizuho upped their price target on shares of Regency Centers from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Wednesday, January 8th. Wells Fargo & Company dropped their price objective on shares of Regency Centers from $81.00 to $80.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. Finally, Evercore ISI cut their price objective on shares of Regency Centers from $78.00 to $77.00 and set an “in-line” rating for the company in a report on Tuesday, December 24th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Regency Centers presently has a consensus rating of “Moderate Buy” and an average target price of $78.08.

About Regency Centers

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.