Hot Stock Overview: Regency Centers Corporation (NYSE:REG)

Regency Centers Corporation (NYSE:REG)

Citigroup Upgrades Regency Centers Corporation (NYSE:REG)’s stock to Buy with the price target of $74. This rating was issued on 9/14/18. The stock recently closed its previous session at $61.67 by showing a percentage change of -2.42% from its previous day closing price of $63.2.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Regency Centers Corporation (NYSE:REG) in which Deutsche Bank Upgrades Regency Centers Corporation (NYSE:REG) to Buy by settling a price target of $72 on 8/28/18. Citigroup Maintains the stock to Neutral on 8/17/18 by stationing a price target of $67. Wells Fargo Maintains the company’s stock to Outperform on 8/10/18 by setting a price target of $72. Morgan Stanley Initiates Coverage On Regency Centers Corporation (NYSE:REG) to Overweight with a price target of $65.

Regency Centers Corporation (NYSE:REG) currently has a consensus Price Target of $69.67. While some analysts have a High Price target for the stock of $75 and a Low Price Target of $64.

Several sell side analysts reviewed their recommendations on Regency Centers Corporation (NYSE:REG) where 8 analyst have rated the stock as Strong Buy, 5 analysts said it’s a Buy, 4 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.42. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Regency Centers Corporation (NYSE:REG) reported its Actual EPS of $0.28/share. The analysts offering Earnings Estimates for the company were believing that Regency Centers Corporation (NYSE:REG) could bring EPS of $0.34/share. The difference between Actual EPS and Estimated EPS was -0.06 Percent. Thus the company showed an Earnings Surprise of -17.6 Percent.

Regency Centers Corporation (NYSE:REG) has a market capitalization of 10.47 Billion. The stock traded with the volume of 1.5 Million shares in the last trading session. The stock touched its high share price of $70.64 on 12/18/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 02/12/18 as $54.87. The company has a 1 Year high price target of $69.67. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -4.07%. The Moving Average SMA50 is -4.48% while SMA200 is 0.75%.

Regency Centers Corporation (NYSE:REG) is currently showing its ROA (Return on Assets) of 2.2%. The Return on Investment (ROI) is at 2.2% while it’s Return on Equity (ROE) value stands at 3.7%. The stock currently shows its YTD (Year to Date) performance of -10.86 percent while its Weekly performance value is -2.17%. The Monthly and Yearly performances are -5.52 percent and -3.5 percent respectively. The Relative Volume value measured for Regency Centers Corporation (NYSE:REG) is 1.09. The Average Volume (3 months) is 1.37 Million.

The stock currently has its Annual Dividend of $2.22 and an annual Dividend Yield of 3.6 Percent. REG has P/E (Price to Earnings ttm) value of 44.69, Forward P/E of 36.8, P/C (Price to cash per share) of 280.48 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 29.4 percent.

Company Profile:

Regency Centers Corporation is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. The Company 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. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed.