Regency Centers (NASDAQ:REG) will report earnings results after the market close on Thursday, February 10th. Analysts expect the company to report earnings of $0.96 per share for the quarter. Investors interested in registering for the company’s conference call can do so through this link.
Regency Centers (NASDAQ:REG) last released its quarterly earnings data on Thursday, November 4th. The company reported earnings per share of $0.69 for the quarter, falling short of analyst consensus estimates of $0.98 ($0.29). Regency Centers had a net margin of 29.44% and a return on equity of 5.00%. In the same quarter last year, the company generated earnings per share of $0.69. On average, analysts expect Regency Centers to report earnings per share of $4 for the current fiscal year and $4 for the next fiscal year.
Shares of Regency Centers opened at $71.83 on Thursday. Regency Centers has a 1 year low of $46.09 and a 1 year high of $78.78. The company has a market cap of $12.30 billion, a price-to-earnings ratio of 36.84, a price-to-earnings ratio of 1.54 and a beta of 1.12. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt to equity ratio of 0.61. The company has a 50-day simple moving average of $73.12 and a 200-day simple moving average of $70.35.
A number of research analysts recently covered REG stock. Truist Financial raised its price target for Regency Centers shares from $82.00 to $87.00 in a research note on Tuesday, January 18. JPMorgan Chase & Co. lowered shares of Regency Centers from an “overweight” rating to a “neutral” rating and set a price target of $78.00 for the company. in a research note on Monday, December 20. Compass Point lowered Regency Centers shares from a “buy” rating to a “neutral” rating and set a price target of $82.00 for the company. in a research note on Friday, November 19. Deutsche Bank Aktiengesellschaft upgraded the shares of Regency Centers from a “hold” rating to a “buy” rating in a research report on Monday, January 3, raising its price target on the company from USD 70.00 Raised $92.00. Finally, Zacks Investment Research upgraded Regency Centers from a ‘hold’ rating to a ‘buy’ rating and placed a price target of $80.00 for the company in a research report on Tuesday, November. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Regency Centers currently has an average rating of Hold and an average price target of $74.71.
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In addition, on Wednesday, November 10, Director Thomas G. Wattles sold 2,105 shares of Regency Centers stock in a transaction. The shares sold at an average price of $73.78 for a total transaction of $155,306.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company’s stock.
About Regency Center
Regency Centers Corp. is a real estate investment trust engaged in the ownership, operation and development of retail shopping malls. The portfolio includes thriving properties marketed with highly productive grocers, restaurants, service providers and premier retailers that connect with its neighborhoods, communities and customers.
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