Regency Centers (REG) AI Stock Analysis

• Market Cap: $12.55B
• Dividend Yield: 4.07%
• Average Volume (3M): 1.05M
• Price to Earnings (P/E): 31.6
• Beta (1Y): 0.43
• Revenue Growth: 5.34%
• EPS Growth: N/A
• Country: US
• Employees: 495
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 1.17
• Shares Outstanding: 181,553,310
• 10 Day Avg. Volume: 1,324,317
• 30 Day Avg. Volume: 1,054,291
• PEG Ratio: 8.93
• Price to Book (P/B): 2.09
• Price to Sales (P/S): 9.33
• P/FCF Ratio: 17.75
• Enterprise Value/Market Cap: 1.52
• Enterprise Value/Revenue: 12.23
• Enterprise Value/Gross Profit: 18.93
• Enterprise Value/Ebitda: 19.28
• 1Y Price Target: $80.00
• Price Target Upside: 15.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 15
• EPS Forecast (FY): 2.3
• Revenue Forecast (FY): $1.56B

• Rating: 69 Neutral
• Price Target: $76.00 ▲(9.48% Upside)

Regency Centers' overall score reflects strong financial performance and positive earnings call highlights, including NOI growth and dividend increases. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. The company's strategic investments and robust leasing activity support a stable outlook, despite challenges like the Rite Aid bankruptcy and competitive acquisition market.

Positive Factors

Strong Same-Property NOI Growth

The consistent growth in same-property NOI indicates a robust demand for Regency's retail spaces, enhancing long-term revenue stability and profitability.

Robust Leasing Pipeline

High leasing rates and new leases with grocers suggest strong tenant demand and effective property management, supporting sustained occupancy and revenue.

Successful Capital Allocation

Strategic capital deployment into development and acquisitions enhances asset value and growth potential, ensuring long-term competitive positioning.

Negative Factors

Impact of Rite Aid Bankruptcy

The return of Rite Aid spaces could lead to short-term occupancy challenges, impacting rental income and requiring re-leasing efforts to maintain revenue.

Increased Competition in Acquisition Market

Rising competition in the acquisition market may pressure cap rates and increase acquisition costs, potentially affecting future investment returns.

Decline in Free Cash Flow Growth

A decline in free cash flow growth could limit Regency's ability to invest in growth opportunities and return capital to shareholders, impacting financial flexibility.

Regency Centers Business Overview & Revenue Model

Company Description

Regency Centers (REG) is a leading real estate investment trust (REIT) specializing in the ownership, operation, and development of grocery-anchored shopping centers in the United States. The company focuses on retail properties that are strategically located in high-density markets, providing essential services and a diverse mix of retail tenants. Regency's portfolio includes a variety of shopping centers that host national and regional grocery chains, restaurants, and service-oriented businesses, catering to the daily needs of consumers.

How the Company Makes Money

Regency Centers generates revenue primarily through leasing its retail properties to tenants, which typically includes long-term leases with grocery stores and various service-oriented businesses. The company earns rental income, which is its main revenue stream, while also benefiting from percentage rent agreements, where tenants pay a percentage of their sales in addition to base rent. Furthermore, Regency engages in property management services, generating additional income through management fees. The company also participates in the development of new shopping centers and the redevelopment of existing properties, which can enhance asset value and yield additional revenue streams. Partnerships with national grocery chains and strong tenant relationships contribute significantly to its earnings stability and growth potential.

Regency Centers Financial Statement Overview

Summary

Regency Centers demonstrates strong financial health with consistent revenue growth and profitability. The company maintains a solid balance sheet, though increasing debt levels warrant attention. Cash flow generation is robust, supporting operational and strategic initiatives.

Income Statement

Regency Centers shows strong revenue growth with a TTM increase of 1.55% and consistent gross profit margins above 70%. The net profit margin is healthy at 26.99%, indicating effective cost management. However, the EBIT and EBITDA margins have slightly decreased in the TTM compared to the previous year, suggesting some pressure on operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has increased to 0.81 in the TTM, indicating a higher reliance on debt financing. However, the return on equity remains stable at around 6%, reflecting consistent profitability. The equity ratio is strong, suggesting a solid capital structure, but the rising debt levels could pose a risk if not managed carefully.

Cash Flow

Regency Centers demonstrates robust cash flow management with a significant free cash flow growth of 11.98% in the TTM. The operating cash flow to net income ratio is strong at 2.00, indicating efficient cash generation relative to earnings. The free cash flow to net income ratio is above 1, highlighting the company's ability to generate cash beyond its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.56B	1.50B	1.37B	1.27B	1.20B	1.05B
Gross Profit	1.01B	1.07B	975.08M	925.15M	877.18M	734.85M
EBITDA	990.53M	939.75M	839.58M	818.05M	771.32M	606.32M
Net Income	411.46M	400.39M	364.56M	482.87M	361.41M	44.89M
Balance Sheet
Total Assets	13.06B	12.39B	12.43B	10.86B	10.79B	10.94B
Cash, Cash Equivalents and Short-Term Investments	205.59M	56.28M	84.97M	66.47M	93.10M	376.07M
Total Debt	5.52B	5.02B	4.80B	4.29B	4.30B	4.52B
Total Liabilities	6.00B	5.49B	5.23B	4.68B	4.68B	4.88B
Stockholders Equity	6.80B	6.72B	7.03B	6.10B	6.04B	5.98B
Cash Flow
Free Cash Flow	845.48M	790.20M	719.59M	660.70M	396.66M	523.47M
Operating Cash Flow	845.48M	790.20M	719.59M	655.82M	659.39M	499.12M
Investing Cash Flow	-459.71M	-326.64M	-341.98M	-206.11M	-286.35M	-25.64M
Financing Cash Flow	-228.74M	-493.02M	-355.04M	-475.96M	-656.46M	-210.59M

Regency Centers Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 69.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For REG, the sentiment is Negative. The current price of 69.42 is below the 20-day moving average (MA) of 71.17, below the 50-day MA of 71.38, and below the 200-day MA of 70.79, indicating a bearish trend. The MACD of -0.61 indicates Positive momentum. The RSI at 38.52 is Neutral, neither overbought nor oversold. The STOCH value of 29.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for REG.

Regency Centers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADC	79 Outperform	$8.31B	42.32	3.47%	4.23%	14.67%	-5.17%
FRT	77 Outperform	$8.34B	24.41	10.92%	4.61%	6.05%	14.70%
NNN	73 Outperform	$7.52B	18.93	8.91%	5.93%	4.53%	-3.46%
BRX	73 Outperform	$8.07B	24.41	11.36%	4.09%	6.07%	-0.28%
KIM	70 Outperform	$13.84B	24.52	5.68%	4.76%	7.99%	55.05%
REG	69 Neutral	$12.55B	31.64	6.07%	4.07%	5.34%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Regency Centers Corporate Events

Regency Centers Corp. Reports Strong Earnings and Growth

The latest earnings call from Regency Centers Corp. painted a largely positive picture, highlighting strong growth in same-property Net Operating Income (NOI) and an increased dividend. These positive developments were backed by successful capital allocation and robust leasing activity. However, the company also acknowledged challenges such as the impact of the Rite Aid bankruptcy on occupancy and increased competition in the acquisition market.

Regency Centers Reports Strong Q3 2025 Results

Regency Centers Corporation is a leading real estate investment trust (REIT) specializing in the ownership, operation, and development of shopping centers in suburban areas across the United States, with a focus on properties anchored by top-tier grocers and retailers.

Regency Centers Raises Earnings Guidance and Dividend

Regency Centers Corporation reported strong financial results for the third quarter of 2025, with net income attributable to common shareholders increasing to $0.58 per diluted share. The company raised its full-year earnings guidance and increased its common stock dividend by over 7%, reflecting robust operational performance and strategic capital allocation. Regency also executed significant leasing activities and development projects, including acquiring shopping centers and completing property transactions, which are expected to support its growth and enhance shareholder value.

The most recent analyst rating on (REG) stock is a Buy with a $82.00 price target. To see the full list of analyst forecasts on Regency Centers stock, see the REG Stock Forecast page.

Regency Centers Updates Investor Presentation September 2025

On September 8, 2025, Regency Centers Corporation released an updated investor presentation for use at upcoming conferences and meetings. This presentation, available on their website, aims to inform stakeholders about the company’s current operations and strategic direction.

The most recent analyst rating on (REG) stock is a Hold with a $76.00 price target. To see the full list of analyst forecasts on Regency Centers stock, see the REG Stock Forecast page.

Regency Centers Declares Quarterly Dividends for August 2025

On August 5, 2025, Regency Centers Corporation’s Board of Directors declared quarterly cash dividends on its common stock, Series A preferred stock, and Series B preferred stock. The dividends are scheduled to be paid in October 2025, with specific dates set for each type of stock, impacting shareholders and reflecting the company’s ongoing commitment to returning value to its investors.

The most recent analyst rating on (REG) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on Regency Centers stock, see the REG Stock Forecast page.