Equities research analysts expect Regency Centers Corporation (NYSE:REG) to post earnings per share (EPS) of $0.92 for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Regency Centers Corporation’s earnings. The lowest EPS estimate is $0.91 and the highest is $0.93. Regency Centers Corporation reported earnings per share of $0.81 in the same quarter last year, which suggests a positive year over year growth rate of 13.6%. The firm is expected to announce its next earnings results on Tuesday, November 7th.

On average, analysts expect that Regency Centers Corporation will report full-year earnings of $3.65 per share for the current financial year, with EPS estimates ranging from $3.63 to $3.68. For the next year, analysts expect that the firm will post earnings of $3.81 per share, with EPS estimates ranging from $3.64 to $3.86. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Regency Centers Corporation.

Regency Centers Corporation (NYSE:REG) last announced its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.03. The business had revenue of $240.42 million during the quarter, compared to the consensus estimate of $248.50 million. Regency Centers Corporation had a return on equity of 2.20% and a net margin of 13.19%. During the same quarter in the previous year, the business earned $0.81 earnings per share.

Several analysts have issued reports on the stock. BidaskClub raised shares of Regency Centers Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. TheStreet raised shares of Regency Centers Corporation from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Boenning Scattergood reissued a “hold” rating on shares of Regency Centers Corporation in a research note on Monday. Jefferies Group LLC reissued a “hold” rating and set a $72.00 target price on shares of Regency Centers Corporation in a research note on Friday, May 26th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $70.00 target price on shares of Regency Centers Corporation in a research note on Monday, June 19th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $74.18.

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Shares of Regency Centers Corporation (REG) traded down 0.30% during midday trading on Tuesday, hitting $66.54. The stock had a trading volume of 626,369 shares. The firm has a market cap of $11.29 billion, a price-to-earnings ratio of 114.72 and a beta of 0.56. The company’s 50-day moving average price is $63.41 and its 200-day moving average price is $65.34. Regency Centers Corporation has a 12-month low of $58.63 and a 12-month high of $83.34.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Wednesday, August 16th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Monday, August 14th. Regency Centers Corporation’s dividend payout ratio (DPR) is presently 353.34%.

In other news, insider H Craig Ramey sold 1,048 shares of the company’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $62.17, for a total value of $65,154.16. Following the transaction, the insider now directly owns 15,769 shares of the company’s stock, valued at $980,358.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John C. Schweitzer sold 4,000 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $61.13, for a total transaction of $244,520.00. Following the completion of the sale, the director now owns 46,694 shares of the company’s stock, valued at $2,854,404.22. The disclosure for this sale can be found here. Corporate insiders own 12.66% of the company’s stock.

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Regency Centers Corporation by 59.5% in the first quarter. Vanguard Group Inc. now owns 25,851,494 shares of the real estate investment trust’s stock worth $1,716,282,000 after buying an additional 9,643,138 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Regency Centers Corporation by 4,387.0% in the first quarter. BlackRock Inc. now owns 14,817,817 shares of the real estate investment trust’s stock worth $983,755,000 after buying an additional 14,487,580 shares in the last quarter. State Street Corp boosted its stake in shares of Regency Centers Corporation by 61.9% in the first quarter. State Street Corp now owns 8,575,865 shares of the real estate investment trust’s stock worth $569,344,000 after buying an additional 3,280,070 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Regency Centers Corporation by 109.7% in the second quarter. Daiwa Securities Group Inc. now owns 5,350,352 shares of the real estate investment trust’s stock worth $335,146,000 after buying an additional 2,799,040 shares in the last quarter. Finally, APG Asset Management US Inc. boosted its stake in shares of Regency Centers Corporation by 15.3% in the first quarter. APG Asset Management US Inc. now owns 5,163,000 shares of the real estate investment trust’s stock worth $342,772,000 after buying an additional 684,300 shares in the last quarter. Hedge funds and other institutional investors own 89.37% of the company’s stock.

About Regency Centers Corporation

Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership.

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Earnings History and Estimates for Regency Centers Corporation (NYSE:REG)

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