Regency Centers Corporation (NYSE:REG) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Regency Centers Corporation has set its FY17 guidance at $3.62-3.68 EPS.

Regency Centers Corporation (NYSE:REG) last released its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.03. The company had revenue of $240.42 million for 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 period last year, the business posted $0.81 EPS. On average, analysts expect Regency Centers Corporation to post $3.67 EPS for the current fiscal year and $3.82 EPS for the next fiscal year.

Regency Centers Corporation (REG) opened at 63.36 on Wednesday. The stock has a market capitalization of $10.75 billion, a P/E ratio of 105.25 and a beta of 0.56. The stock has a 50 day moving average price of $63.57 and a 200-day moving average price of $63.66. Regency Centers Corporation has a 12-month low of $58.63 and a 12-month high of $73.22.

A number of research firms recently issued reports on REG. Zacks Investment Research raised Regency Centers Corporation from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Tuesday, October 10th. Boenning Scattergood raised Regency Centers Corporation from an “under perform” rating to a “neutral” rating in a research report on Tuesday, October 3rd. Jefferies Group LLC cut Regency Centers Corporation from a “buy” rating to a “hold” rating and reduced their price objective for the company from $74.00 to $67.00 in a research report on Friday, September 15th. BMO Capital Markets began coverage on Regency Centers Corporation in a research report on Monday, September 11th. They set a “market perform” rating and a $65.00 price objective for the company. Finally, Argus reduced their price objective on Regency Centers Corporation from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Thursday, August 31st. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Regency Centers Corporation presently has a consensus rating of “Buy” and a consensus target price of $71.46.

In other Regency Centers Corporation news, Director Mary Lou Fiala sold 7,775 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $65.74, for a total value of $511,128.50. Following the completion of the sale, the director now owns 17,145 shares of the company’s stock, valued at $1,127,112.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Chaim Katzman sold 1,055,758 shares of the business’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $64.30, for a total value of $67,885,239.40. The disclosure for this sale can be found here. 12.66% of the stock is owned by insiders.

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Regency Centers Corporation Company Profile

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.

Earnings History for Regency Centers Corporation (NYSE:REG)

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