Capital One Financial Analysts Cut Earnings Estimates for Regency Centers Co. (NASDAQ:REG)

Capital One Financial Analysts Cut Earnings Estimates for Regency Centers Co. (NASDAQ:REG)

Regency Centers Co. (NASDAQ:REG – Get Ranking) – Exploration analysts at Cash Just one Money reduced their Q2 2023 earnings for every share estimates for Regency Facilities in a report launched on Thursday, December 22nd. Capital Just one Financial analyst C. Lucas now anticipates that the organization will receive $.99 per share for the quarter, down from their previous forecast of $1.00. The consensus estimate for Regency Centers’ present-day full-12 months earnings is $4.02 for every share. Money One particular Monetary also issued estimates for Regency Centers’ FY2025 earnings at $4.40 EPS.

A selection of other equities analysts have also issued reports on the company. Barclays amplified their price aim on Regency Centers from $62.00 to $69.00 and gave the stock an “equal body weight” score in a report on Tuesday, December 6th. StockNews.com commenced coverage on Regency Centers in a report on Wednesday, Oct 12th. They issued a “hold” ranking for the organization. Morgan Stanley upped their focus on value on Regency Centers from $57.50 to $62.00 and gave the inventory an “equivalent bodyweight” rating in a exploration report on Monday, August 29th. Evercore ISI slash their goal price tag on Regency Centers to $67.00 in a research report on Thursday, October 20th. Finally, JPMorgan Chase & Co. upgraded Regency Facilities from a “neutral” score to an “chubby” score and upped their concentrate on price for the stock from $70.00 to $72.00 in a investigate report on Friday, December 16th. Five analysts have rated the stock with a maintain score and four have issued a purchase rating to the stock. Based on information from MarketBeat, Regency Facilities currently has a consensus rating of “Maintain” and an average concentrate on rate of $68.00.

Regency Centers Rate Overall performance

Shares of REG inventory opened at $62.64 on Monday. Regency Facilities has a 12-month low of $51.97 and a 12-thirty day period substantial of $78.78. The business has a market cap of $10.72 billion, a price tag-to-earnings ratio of 23.64, a value-to-earnings-progress ratio of 4.21 and a beta of 1.12. The company has a 50 day simple going typical of $63.15. The corporation has a debt-to-fairness ratio of .60, a present-day ratio of 1.00 and a brief ratio of 1.00.

Regency Facilities Improves Dividend

The firm also not too long ago declared a quarterly dividend, which will be paid out on Wednesday, January 4th. Shareholders of file on Friday, December 16th will be supplied a dividend of $.65 for every share. This represents a $2.60 annualized dividend and a produce of 4.15{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is an increase from Regency Centers’s former quarterly dividend of $.63. The ex-dividend day is Thursday, December 15th. Regency Centers’s dividend payout ratio is presently 98.11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Hedge Money Weigh In On Regency Centers

A number of hedge money have a short while ago purchased and marketed shares of REG. Robeco Institutional Asset Administration B.V. grew its posture in shares of Regency Centers by 10.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Robeco Institutional Asset Administration B.V. now owns 73,535 shares of the firm’s inventory valued at $3,962,000 after paying for an added 7,058 shares all through the past quarter. Lecturers Retirement Technique of The Point out of Kentucky obtained a new stake in shares of Regency Facilities in the 3rd quarter valued at about $753,000. Glenmede Rely on Co. NA obtained a new stake in shares of Regency Centers in the third quarter valued at about $728,000. Kentucky Retirement Methods Insurance coverage Have faith in Fund grew its situation in shares of Regency Centers by 4.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Kentucky Retirement Programs Insurance plan Believe in Fund now owns 5,519 shares of the company’s inventory valued at $297,000 after paying for an additional 219 shares throughout the last quarter. Finally, Kentucky Retirement Devices grew its place in shares of Regency Centers by 4.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Kentucky Retirement Systems now owns 12,055 shares of the firm’s inventory valued at $649,000 just after acquiring an added 542 shares during the past quarter. 88.58{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is owned by institutional traders and hedge cash.

About Regency Facilities

(Get Rating)

Regency Facilities is the preeminent national proprietor, operator, and developer of shopping centers located in affluent and densely populated trade locations. Our portfolio incorporates flourishing attributes merchandised with remarkably productive grocers, restaurants, service providers, and greatest-in-course retailers that link to their neighborhoods, communities, and buyers.

See Also

Earnings History and Estimates for Regency Centers (NASDAQ:REG)

This instant information alert was generated by narrative science technologies and economical facts from MarketBeat in buy to offer viewers with the quickest and most accurate reporting. This tale was reviewed by MarketBeat’s editorial staff prior to publication. You should send any concerns or responses about this tale to get hold of@marketbeat.com.

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Financial analysts at Capital One raise the company Regency Centers’ earnings projections.

Financial analysts at Capital One raise the company Regency Centers’ earnings projections.

On Tuesday, December 6th, analysts at Funds One Fiscal raised their estimates for Regency Centers Co.’s Q4 2022 EPS in a analysis take note despatched to clients and investors (NASDAQ:REG). Money 1 C. Lucas’ financial experts have raised their original forecast from $.96 to $.97, indicating that they now expect the enterprise to report quarterly earnings of $.97 per share. Regency Centers’ annually earnings for each share is now projected to be $4.02. Furthermore, Funds 1 Economic predicted earnings for Regency Centers of $1.07, $1.06, and $4.26 for each share for the initially quarter of 2023, the fourth quarter of 2023, the FY 2023 final results, the 1st and next quarters of 2024, and the FY 2024 success.
The NASDAQ:REG opening value on Thursday was $65.75. The top rated and cheapest price ranges for Regency Centers for the very last 12 months were 78.78 and 51.97, respectively. The P/E ratio is 24.81, the beta is 1.12, the market capitalization is $11.25 billion, and the P/E/G is 4.40. The 200 and 50 working day moving typical prices for the enterprise are $60.90 and $61.01, respectively. Credit card debt to equity for the firm is 1, present-day ratio is 1, speedy ratio is 1, and debt to fairness is .60.
A short while ago, the inventory has also been mentioned by added stock current market analysts. In a analysis take note revealed on Friday, October 7th, Deutsche Financial institution Aktiengesellschaft reduced their price concentrate on on shares of Regency Facilities from $72.00 to $69.00 though sustaining a “buy” score on the stock. On Wednesday, Oct 12th, StockNews.com revealed a analysis report in which it started to include shares of Regency Facilities. In a exploration be aware unveiled on Friday, November 4th, Credit rating Suisse Team lifted their price goal for Regency Centers from $62.00 to $69.00 and rated the stock “hold.” On Tuesday, Barclays lifted their value aim for Regency Facilities from $62.00 to $69.00 and rated the stock “equal bodyweight.” Morgan Stanley upgraded Regency Facilities from “equal weight” to “buy” in a analysis report launched on Monday, August 29th. 6 analysis analysts gave the stock a hold ranking, though four analysts proposed shopping for the stock. In accordance to Bloomberg.com, Regency Facilities has an ordinary concentrate on price tag of $68.60 and a consensus rating of “Hold.”
Not too long ago, sizeable buyers bought and offered REG shares. Envestnet Asset Administration Inc. grew its holdings in Regency Facilities by 30.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the 2nd quarter. As opposed to its prior holdings of 54,891 shares, Envestnet Asset Administration Inc. now owns 236,457 shares of the organization, valued at $14,024,000. Kentucky Retirement Techniques boosted its holding in Regency Centers by 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the initial quarter. Kentucky Retirement Systems now owns 9,822 shares of the organization, truly worth $711,000, just after getting 331 more shares in the final a few months. M&T Financial institution Corp. boosted its possession of Regency Centers by 19.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the second quarter. M&T Bank Corp now owns 18,686 shares of the business’s inventory worthy of $1,093,000 right after acquiring an more 2,998 shares above the very last three months. Asset Management Corporation UFJ Mitsubishi Kokusai Ltd. boosted its holdings in Regency Facilities shares by 3.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 2nd quarter. Asset Management Enterprise UFJ Mitsubishi Kokusai Ltd. now owns 150,955 additional shares of the company’s stock, valued at $8,953,000, than it did 3 months ago. This is an increase of 4,949 shares. And last, all through the second quarter, DekaBank Deutsche Girozentrale boosted its position in Regency Facilities by 2.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. DekaBank Deutsche Girozentrale has elevated its share count by 1,496 during the very last 3 months, supplying it 58,327 shares value $3,475,000 in full. Establishments and hedge money now possess 90.32 per cent of the inventory.
The corporation also declared a quarterly dividend that would be compensated on January 4. Stockholders whose shares ended up recorded as of Friday, December 16th will obtain a dividend of $.65 for every share. This benefits in a $2.60 dividend with a 3.95{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} yearly return. This is an boost around Regency Centers’ very last quarterly dividend of $.63. The ex-dividend working day is December 15th, a Thursday. The dividend payout price for Regency Centers is 94.34{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.
The foremost nationwide proprietor, operator, and developer of searching centers located in rich and densely populated trade parts is Regency Facilities. Our portfolio is made up of bustling structures that are jam-packed with prime-notch retailers, eateries, and providers that profit the neighborhood in which they are found.

Capital One Financial Analysts Increase Earnings Estimates for Regency Centers Co. (NASDAQ:REG)

Capital One Financial Analysts Increase Earnings Estimates for Regency Centers Co. (NASDAQ:REG)

Regency Centers Co. (NASDAQ:REG – Get Rating) – Analysts at Capital One Financial raised their Q4 2022 EPS estimates for Regency Centers in a research report issued to clients and investors on Tuesday, December 6th. Capital One Financial analyst C. Lucas now anticipates that the company will post earnings of $0.97 per share for the quarter, up from their previous forecast of $0.96. The consensus estimate for Regency Centers’ current full-year earnings is $4.02 per share. Capital One Financial also issued estimates for Regency Centers’ Q1 2023 earnings at $1.02 EPS, Q4 2023 earnings at $1.03 EPS, FY2023 earnings at $4.06 EPS, Q1 2024 earnings at $1.07 EPS, Q2 2024 earnings at $1.06 EPS and FY2024 earnings at $4.26 EPS.

Several other equities analysts also recently commented on the stock. Barclays upped their price objective on shares of Regency Centers from $62.00 to $69.00 and gave the company an “equal weight” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Regency Centers from $72.00 to $69.00 and set a “buy” rating on the stock in a research note on Friday, October 7th. StockNews.com initiated coverage on shares of Regency Centers in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Credit Suisse Group upped their price target on shares of Regency Centers to $63.00 in a research note on Friday, November 4th. Finally, Morgan Stanley upped their price target on shares of Regency Centers from $57.50 to $62.00 and gave the company an “equal weight” rating in a research note on Monday, August 29th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Regency Centers has a consensus rating of “Hold” and an average target price of $68.60.

Regency Centers Price Performance

NASDAQ:REG opened at $65.75 on Thursday. Regency Centers has a one year low of $51.97 and a one year high of $78.78. The company has a market cap of $11.25 billion, a P/E ratio of 24.81, a P/E/G ratio of 4.40 and a beta of 1.12. The firm’s fifty day moving average price is $61.01 and its two-hundred day moving average price is $60.90. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.00 and a quick ratio of 1.00.

Institutional Investors Weigh In On Regency Centers

A number of large investors have recently bought and sold shares of REG. Envestnet Asset Management Inc. lifted its holdings in shares of Regency Centers by 30.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. Envestnet Asset Management Inc. now owns 236,457 shares of the company’s stock worth $14,024,000 after acquiring an additional 54,891 shares during the last quarter. Kentucky Retirement Systems lifted its holdings in shares of Regency Centers by 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Kentucky Retirement Systems now owns 9,822 shares of the company’s stock worth $701,000 after acquiring an additional 331 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of Regency Centers by 19.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. M&T Bank Corp now owns 18,686 shares of the company’s stock worth $1,093,000 after acquiring an additional 2,998 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in shares of Regency Centers by 3.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 150,955 shares of the company’s stock worth $8,953,000 after acquiring an additional 4,949 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its holdings in shares of Regency Centers by 2.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. DekaBank Deutsche Girozentrale now owns 58,327 shares of the company’s stock worth $3,475,000 after acquiring an additional 1,496 shares during the last quarter. 90.32{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 4th. Shareholders of record on Friday, December 16th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 3.95{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is an increase from Regency Centers’s previous quarterly dividend of $0.63. The ex-dividend date is Thursday, December 15th. Regency Centers’s dividend payout ratio is presently 94.34{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Regency Centers Company Profile

(Get Rating)

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. 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.

See Also

Earnings History and Estimates for Regency Centers (NASDAQ:REG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Regency Centers wasn’t on the list.

While Regency Centers currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

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