Regency Centers (NASDAQ:REG) Price Target Cut to $88.00 by Analysts at Wells Fargo & Company

Regency Centers (NASDAQ:REG) had its price objective lowered by analysts at Wells Fargo & Company from $90.00 to $88.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 15.54% from the stock’s current price.

A number of other analysts have also commented on REG. Weiss Ratings raised shares of Regency Centers from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday, August 5th. LADENBURG THALM/SH SH upped their price target on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft cut shares of Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price objective on the stock. in a research report on Friday, May 29th. Citigroup raised their target price on Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $88.00 target price on shares of Regency Centers in a report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $83.82.

Regency Centers Trading Down 0.0%

Shares of NASDAQ:REG opened at $76.17 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a market capitalization of $13.95 billion, a price-to-earnings ratio of 25.93, a PEG ratio of 3.20 and a beta of 0.80. Regency Centers has a 1-year low of $66.86 and a 1-year high of $83.66. The company has a 50 day moving average price of $79.54 and a 200 day moving average price of $78.10.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. The company had revenue of $413.51 million during the quarter, compared to the consensus estimate of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same quarter in the prior year, the firm earned $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, research analysts anticipate that Regency Centers will post 4.86 EPS for the current fiscal year.

Insiders Place Their Bets

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $80.14, for a total value of $99,373.60. Following the completion of the sale, the insider directly owned 17,990 shares in the company, valued at $1,441,718.60. The trade was a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Regency Centers

Several institutional investors and hedge funds have recently modified their holdings of the business. Inspire Investing LLC increased its stake in Regency Centers by 0.6% in the 1st quarter. Inspire Investing LLC now owns 22,480 shares of the company’s stock valued at $1,701,000 after buying an additional 141 shares during the last quarter. Tema ETFs LLC boosted its stake in shares of Regency Centers by 7.1% during the 2nd quarter. Tema ETFs LLC now owns 2,184 shares of the company’s stock worth $174,000 after buying an additional 145 shares during the last quarter. Norinchukin Bank The grew its holdings in shares of Regency Centers by 0.8% in the 3rd quarter. Norinchukin Bank The now owns 17,730 shares of the company’s stock valued at $1,293,000 after acquiring an additional 147 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Regency Centers by 63.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after acquiring an additional 157 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Regency Centers by 12.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,437 shares of the company’s stock valued at $102,000 after acquiring an additional 162 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

Regency Centers Company Profile

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.