Regency Centers Corp. (NYSE:REG) – Capital One Financial Corp. dropped their Q4 2016 EPS estimates for Regency Centers Corp. in a report released on Sunday. Capital One Financial Corp. analyst C. Lucas now forecasts that the brokerage will earn $0.83 per share for the quarter, down from their prior forecast of $0.84. Capital One Financial Corp. also issued estimates for Regency Centers Corp.’s Q1 2017 earnings at $0.85 EPS, Q2 2017 earnings at $0.85 EPS, Q3 2017 earnings at $0.87 EPS, Q4 2017 earnings at $0.90 EPS, FY2017 earnings at $3.47 EPS and FY2018 earnings at $3.68 EPS.

Other equities analysts also recently issued research reports about the company. BTIG Research assumed coverage on Regency Centers Corp. in a research report on Thursday, August 25th. They set a “neutral” rating on the stock. Jefferies Group boosted their price target on Regency Centers Corp. from $83.00 to $84.00 and gave the stock a “hold” rating in a research report on Tuesday, August 23rd. Zacks Investment Research downgraded Regency Centers Corp. from a “hold” rating to a “sell” rating in a research report on Monday, October 24th. Evercore ISI raised Regency Centers Corp. from a “hold” rating to a “buy” rating and set a $80.00 price target on the stock in a research report on Thursday, November 3rd. Finally, Argus reissued a “hold” rating on shares of Regency Centers Corp. in a research report on Saturday, September 3rd. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $79.82.

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

Regency Centers Corp. (NYSE:REG) opened at 66.84 on Tuesday. The company has a market cap of $6.96 billion, a P/E ratio of 62.70 and a beta of 0.69. Regency Centers Corp. has a 52-week low of $64.33 and a 52-week high of $85.35. The company’s 50 day moving average price is $72.49 and its 200 day moving average price is $77.93.

Regency Centers Corp. (NYSE:REG) last posted its earnings results on Tuesday, November 1st. The real estate investment trust reported $0.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.01. Regency Centers Corp. had a return on equity of 6.61% and a net margin of 20.55%. During the same quarter in the prior year, the firm posted $0.76 earnings per share.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Wednesday, November 16th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Monday, November 14th. Regency Centers Corp.’s dividend payout ratio is currently 186.92%.

In related news, Director Bryce Blair purchased 1,251 shares of Regency Centers Corp. stock in a transaction that occurred on Tuesday, August 23rd. The shares were acquired at an average price of $79.79 per share, with a total value of $99,817.29. Following the completion of the transaction, the director now directly owns 4,084 shares of the company’s stock, valued at approximately $325,862.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.80% of the company’s stock.

Large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Regency Centers Corp. by 4.0% in the second quarter. Vanguard Group Inc. now owns 15,057,339 shares of the real estate investment trust’s stock valued at $1,260,751,000 after buying an additional 581,598 shares during the last quarter. BlackRock Fund Advisors boosted its stake in Regency Centers Corp. by 10.7% in the third quarter. BlackRock Fund Advisors now owns 5,933,019 shares of the real estate investment trust’s stock valued at $459,750,000 after buying an additional 573,886 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Regency Centers Corp. by 1.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 4,252,129 shares of the real estate investment trust’s stock valued at $329,497,000 after buying an additional 74,115 shares during the last quarter. Boston Partners boosted its stake in Regency Centers Corp. by 11.5% in the second quarter. Boston Partners now owns 3,738,868 shares of the real estate investment trust’s stock valued at $313,055,000 after buying an additional 384,980 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Regency Centers Corp. by 31.6% in the third quarter. Bank of New York Mellon Corp now owns 3,073,893 shares of the real estate investment trust’s stock valued at $238,196,000 after buying an additional 737,772 shares during the last quarter. 96.68% of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Corp. Company Profile

Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers, L.P. (Operating Partnership). The Company’s operating, investing and financing activities are performed through the Operating Partnership, its subsidiaries and through its co-investment partnerships.

5 Day Chart for NYSE:REG

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