Regency Centers Corporation (REG) Stock: A Look at the Analyst Recommendations

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Regency Centers Corporation (NASDAQ: REG) has a higher price-to-earnings ratio of 35.14x compared to its average ratio. REG has 36-month beta value of 1.21. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 5 as “overweight,” 9 as “hold,” and 0 as “sell.”

The public float for REG is 180.08M, and currently, short sellers hold a 1.26% ratio of that float. The average trading volume of REG on September 05, 2024 was 1.01M shares.

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REG) stock’s latest price update

The stock of Regency Centers Corporation (NASDAQ: REG) has increased by 0.36 when compared to last closing price of 72.90. Despite this, the company has experienced a 2.09% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-05 that JACKSONVILLE, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency Centers” or the “Company”) (Nasdaq: REG) today announced that Mike Mas, Executive Vice President and Chief Financial Officer, is scheduled to make a presentation at the BofA Securities 2024 Global Real Estate Conference (the “Conference”) on Wednesday, September 11, 2024, at 12:45 pm ET. To access the Company’s live presentation, use the webcast registration link below.

REG’s Market Performance

Regency Centers Corporation (REG) has seen a 2.09% rise in stock performance for the week, with a 4.83% gain in the past month and a 19.43% surge in the past quarter. The volatility ratio for the week is 1.14%, and the volatility levels for the past 30 days are at 1.36% for REG. The simple moving average for the past 20 days is 3.23% for REG’s stock, with a 16.14% simple moving average for the past 200 days.

Analysts’ Opinion of REG

Many brokerage firms have already submitted their reports for REG stocks, with Mizuho repeating the rating for REG by listing it as a “Outperform.” The predicted price for REG in the upcoming period, according to Mizuho is $67 based on the research report published on July 09, 2024 of the current year 2024.

Mizuho, on the other hand, stated in their research note that they expect to see REG reach a price target of $60. The rating they have provided for REG stocks is “Neutral” according to the report published on April 18th, 2024.

Wells Fargo gave a rating of “Overweight” to REG, setting the target price at $70 in the report published on February 01st of the current year.

REG Trading at 8.88% from the 50-Day Moving Average

After a stumble in the market that brought REG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.77% of loss for the given period.

Volatility was left at 1.36%, however, over the last 30 days, the volatility rate increased by 1.14%, as shares surge +5.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.62% upper at present.

During the last 5 trading sessions, REG rose by +2.34%, which changed the moving average for the period of 200-days by +19.62% in comparison to the 20-day moving average, which settled at $71.06. In addition, Regency Centers Corporation saw 9.19% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at REG starting from ROTH ALAN TODD, who proposed sale 4,250 shares at the price of $70.36 back on Aug 14 ’24. After this action, ROTH ALAN TODD now owns shares of Regency Centers Corporation, valued at $299,030 using the latest closing price.

HERMAN MICHAEL R, the Officer of Regency Centers Corporation, proposed sale 1,000 shares at $69.57 during a trade that took place back on Aug 16 ’24, which means that HERMAN MICHAEL R is holding shares at $69,569 based on the most recent closing price.

Stock Fundamentals for REG

Current profitability levels for the company are sitting at:

  • 0.47 for the present operating margin
  • 0.56 for the gross margin

The net margin for Regency Centers Corporation stands at 0.28. The total capital return value is set at 0.06. Equity return is now at value 6.12, with 3.39 for asset returns.

Based on Regency Centers Corporation (REG), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 3.84.

Currently, EBITDA for the company is 872.94 million with net debt to EBITDA at 5.44. When we switch over and look at the enterprise to sales, we see a ratio of 12.86. The receivables turnover for the company is 5.97for trailing twelve months and the total asset turnover is 0.11.

Conclusion

To put it simply, Regency Centers Corporation (REG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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