Regency Centers Corporation (REG) |
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Price: $59.3800
$0.30
0.508%
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Day's High:
| $59.375
| Week Perf:
| -2.19 %
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Day's Low: |
$ 59.12 |
30 Day Perf: |
-3.04 % |
Volume (M): |
23 |
52 Wk High: |
$ 68.47 |
Volume (M$): |
$ 1,368 |
52 Wk Avg: |
$61.54 |
Open: |
$59.26 |
52 Wk Low: |
$54.72 |
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Market Capitalization (Millions $) |
10,579 |
Shares
Outstanding (Millions) |
178 |
Employees |
432 |
Revenues (TTM) (Millions $) |
1,277 |
Net Income (TTM) (Millions $) |
375 |
Cash Flow (TTM) (Millions $) |
12 |
Capital Exp. (TTM) (Millions $) |
159 |
Regency Centers Corporation
Regency Centers Corporation is an American real estate investment trust (REIT) that specializes in owning, operating, and developing grocery-anchored shopping centers in affluent and densely populated urban and suburban markets. The company was founded in 1963 and is headquartered in Jacksonville, Florida.
Regency Centers has a portfolio of more than 400 properties across the United States, comprising over 57 million square feet of leasable space. The company's shopping centers are typically anchored by leading grocery and entertainment retailers, including Kroger, Publix, Trader Joe's, Whole Foods Market, and AMC Theatres.
Regency Centers has a vertically integrated investment platform that enables the company to manage its shopping center properties throughout their entire lifecycle, from acquisition and development to leasing, operations, and asset management. The company also has a team of in-house experts in leasing, property management, operations, construction, and finance.
Regency Centers has a strong track record of creating value for its shareholders through disciplined capital allocation, strategic asset management, and a focus on growing cash flows and dividends over the long term. The company has a conservative balance sheet, with an investment-grade credit rating and low leverage ratios.
Regency Centers is committed to sustainability and social responsibility, and has implemented a number of initiatives to reduce its environmental footprint and enhance the communities in which it operates. The company is a member of the Global Real Estate Sustainability Benchmark (GRESB) and has been recognized for its efforts in sustainability reporting and stakeholder engagement.
In summary, Regency Centers Corporation is a leading owner and operator of grocery-anchored shopping centers in the United States, with a strong track record of value creation, a vertically integrated investment platform, and a commitment to sustainability and social responsibility.
Company Address: One Independent Drive Jacksonville 32202 FL
Company Phone Number: 598-7000 Stock Exchange / Ticker: NASDAQ REG
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Stock Performances by Major Competitors |
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Product Service News
Published Wed, Feb 28 2024 1:15 PM UTC
Regency Centers Receives Credit Upgrade from Moody's, Boosting Investor ConfidenceRegency Centers, L.P. (Regency Centers), a leading real estate investment trust focused on retail properties, has recently garnered praise from Moodys Investors Service (Moodys), an influential credit rating agency. In a noteworthy development, Moodys has upgraded Regency Centers' credit rating...
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Merger and Acquisition
Published Fri, Feb 23 2024 11:45 PM UTC
Regency Centers Acquires Land for Cheshire Crossing Shopping Center in Cheshire, CT CHESHIRE, Conn., Feb. 23, 2024 - Regency Centers, a renowned real estate investment trust (REIT) specializing in the development and management of retail properties, has announced the acquisition of land for the development of Cheshire Crossing, a massive 152,000-square foot shopping cent...
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Partnership
Published Mon, Jan 8 2024 9:15 PM UTC
Regency Centers Raises $400 Million through Senior Unsecured Notes OfferingRegency Centers Corporation, a renowned real estate investment trust specializing in grocery-anchored shopping centers, has successfully priced a $400 million public offering of senior unsecured notes due 2034. The offering, carried out by its operating partnership, Regency Centers, L.P., is a signifi...
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Merger and Acquisition
Published Thu, Dec 14 2023 2:00 PM UTC
Regency Centers Acquires The Longmeadow Shops in Massachusetts LONGMEADOW, Mass., Dec. 14, 2023 - In a strategic move aimed at expanding its real estate investment portfolio, Regency Centers announced today the successful acquisition of The Longmeadow Shops located in Longmeadow, MA. The purchase marks a significant milestone for the Regency Centers Corporation, which op...
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Regency Centers Corporation
Regency Centers Corporation Reports Mixed Q3 2023 Results, Showing Promising Revenue Growth but Decreasing Earnings per Share Regency Centers Corporation (REG), a leading Real Estate Investment Trusts (REITs) company, recently announced its Q3 2023 financial report. While the company disclosed a promising revenue growth of 8.766% compared to the same period last year, it reported a decrease in earnings per share (EPS) by $0.01. In the third quarter of 2023, REG announced earnings per share of $0.50 and revenue of $314.25 million. This translates to a decrease of $0.50 per share compared to $0.51 earnings in the corresponding three months a year before. Despite this decline, REG's revenue growth outpaced its industry contemporaries, who collectively experienced a 4.50% revenue rise during the same period. The Q3 results indicate a positive trend for REG, as it experienced a 5.216% revenue growth from the previous quarter. However, the earnings per share decreased by -1.96% from $0.51 in the second quarter. Nonetheless, the company's net earnings of $92.173 million during July to September 30, 2023, increased by 3.74% compared to the same period last year, where they reported $88.847 million.
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Per Share |
Current |
Earnings (TTM) |
2.13 $ |
Revenues (TTM) |
7.17 $
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Cash Flow (TTM) |
0.07 $ |
Cash |
-
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Book Value |
40.59 $
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Dividend (TTM) |
1.91 $ |
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Per Share |
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Earnings (TTM) |
2.13 $
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Revenues (TTM) |
7.17 $ |
Cash Flow (TTM) |
0.07 $ |
Cash |
-
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Book Value |
40.59 $ |
Dividend (TTM) |
1.91 $ |
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