Regency Centers (NASDAQ:REG) Releases Quarterly Earnings Results, Beats Expectations By $0.61 EPS

Regency Centers (NASDAQ:REG) posted its quarterly earnings results on Thursday. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.61, Zacks reports. Regency Centers had a net margin of 27.54% and a return on equity of 5.89%. Regency Centers updated its FY 2025 guidance to 4.520-4.580 EPS.

Regency Centers Stock Performance

NASDAQ:REG opened at $74.02 on Friday. Regency Centers has a twelve month low of $56.51 and a twelve month high of $76.53. 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 stock has a market cap of $13.43 billion, a P/E ratio of 34.92, a PEG ratio of 3.77 and a beta of 1.21. The business’s 50-day moving average price is $72.84 and its two-hundred day moving average price is $72.12.

Regency Centers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be paid a $0.705 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $2.82 dividend on an annualized basis and a yield of 3.81%. Regency Centers’s dividend payout ratio is currently 133.02%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. BTIG Research boosted their target price on Regency Centers from $72.00 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. KeyCorp initiated coverage on Regency Centers in a research note on Friday, October 25th. They issued an “overweight” rating and a $80.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on shares of Regency Centers from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Wells Fargo & Company dropped their price target on shares of Regency Centers from $81.00 to $80.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 29th. Finally, Robert W. Baird raised their price objective on shares of Regency Centers from $71.00 to $78.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Three equities research 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.