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

Regency Centers (NASDAQ:REGGet Free Report) posted its quarterly earnings data on Thursday. The company reported $1.09 earnings per share 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 Stock Down 0.1 %

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 market cap of $13.24 billion, a P/E ratio of 34.25, a PEG ratio of 3.71 and a beta of 1.22. Regency Centers has a 12 month low of $56.51 and a 12 month high of $76.53. The business’s 50-day simple moving average is $72.93 and its 200-day simple moving average is $72.06. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.65.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on REG shares. KeyCorp initiated coverage on shares of Regency Centers in a research note on Friday, October 25th. They set an “overweight” rating and a $80.00 price target for the company. Mizuho increased their price target on 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 decreased their price objective on Regency Centers from $81.00 to $80.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. BTIG Research increased 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. Finally, JPMorgan Chase & Co. raised their target price on Regency Centers from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Regency Centers has a consensus rating of “Moderate Buy” and a consensus price target of $78.08.

Get Our Latest Analysis on Regency Centers

Regency Centers Company Profile

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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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Earnings History for Regency Centers (NASDAQ:REG)

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