Regency Centers (REG) AI Stock Analysis

• Market Cap: $26.51B
• Dividend Yield: 3.77%
• Average Volume (3M): 1.23M
• Price to Earnings (P/E): 34.4
• Beta (1Y): 0.53
• Revenue Growth: 7.35%
• EPS Growth: N/A
• Country: US
• Employees: 495
• Sector: Real Estate
• Sector Strength: 76
• Industry: REIT - Retail
• EPS (TTM): 2.12
• Shares Outstanding: 181,525,860
• 10 Day Avg. Volume: 999,140
• 30 Day Avg. Volume: 1,233,402
• PEG Ratio: 10.13
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 30.33
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $79.09
• Price Target Upside: 8.30% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11

Regency Centers scores well due to its strong financial performance, stable technical indicators, and robust earnings guidance. While the high P/E ratio suggests a premium valuation, the company's growth prospects and attractive dividend yield provide a balanced investment case.

Positive Factors

Earnings Performance

1Q25 earnings beat with solid SSNOI growth and miniscule bad debt.

Occupancy Rates

Commenced occupancy ticked up to 93.5%, outperforming peers and seasonal pressures.

Tenant Roster

A high-quality tenant roster supports better than expected results.

Negative Factors

Cap Rate Spread

The expected cap rate spread for FY2025 implies 50bps of dilution between buys and sells compared to a positive 100bps spread in FY2024.

Leasing Volumes

Leasing volumes & spreads moderated a touch.

Regency Centers Business Overview & Revenue Model

Company Description

Regency Centers Corporation is a prominent player in the real estate industry, focused primarily on owning, operating, and developing high-quality, grocery-anchored neighborhood and community shopping centers. The company operates across the United States, leveraging its extensive portfolio to provide essential retail services. Regency Centers is committed to creating thriving communities by offering a diverse mix of retail tenants that cater to everyday needs.

How the Company Makes Money

Regency Centers generates revenue primarily through leasing retail spaces within its shopping centers to a variety of tenants, including grocery stores, restaurants, and service providers. The company earns rental income, which is typically structured as base rent from long-term lease agreements, often with additional income from percentage rents linked to tenants' sales. Regency Centers also benefits from ancillary income streams such as common area maintenance charges and property management fees. Strategic partnerships with established retailers and a focus on locations with strong demographic profiles contribute significantly to its earnings, ensuring a steady flow of rental income and occupancy rates.

Regency Centers Financial Statement Overview

Summary

Regency Centers shows moderate revenue growth and strong profitability metrics. The company has solid gross profit margins and healthy EBIT and EBITDA margins, but there are inconsistencies in net profit margins and variable return on equity.

Income Statement

Regency Centers has shown moderate revenue growth and strong profitability metrics over the years. The gross profit margin is solid, indicating effective cost management. However, the net profit margin has been inconsistent due to fluctuations in net income, impacting overall profitability. The EBIT and EBITDA margins are healthy, showcasing operational efficiency.

Balance Sheet

The balance sheet reflects a stable equity position with a declining debt-to-equity ratio, which is a positive sign of financial health. The equity ratio is strong, indicating a good proportion of equity financing. However, the return on equity has shown variability, suggesting fluctuating profitability relative to equity.

Cash Flow

The company exhibits strong cash flow generation with consistent operating cash flows supporting free cash flow. The free cash flow growth rate is robust, demonstrating strong cash management. The operating cash flow to net income ratio is high, indicating effective conversion of earnings into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.45B	1.32B	1.22B	1.17B	1.02B
	Gross Profit
626.14M	927.70M	878.08M	839.48M	703.10M
	EBIT
513.81M	516.42M	527.71M	494.32M	300.81M
	EBITDA
993.58M	780.53M	954.43M	814.98M	646.71M
	Net Income Common Stockholders
400.39M	364.56M	341.85M	174.54M	-138.72M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
56.28M	84.97M	68.78M	95.03M	378.45M
	Total Assets
12.39B	12.43B	10.86B	10.79B	10.94B
	Total Debt
5.02B	4.80B	3.94B	3.93B	4.14B
	Net Debt
4.96B	4.71B	3.87B	3.84B	3.77B
	Total Liabilities
5.49B	5.23B	4.68B	4.68B	4.88B
	Stockholders Equity
6.72B	7.03B	6.10B	6.04B	5.98B
Cash Flow		Free Cash Flow
790.20M	719.59M	660.70M	396.66M	523.47M
	Operating Cash Flow
790.20M	719.59M	655.82M	659.39M	499.12M
	Investing Cash Flow
-326.64M	-341.98M	-206.11M	-286.35M	-25.64M
	Financing Cash Flow
-493.02M	-355.04M	-475.96M	-656.46M	-210.59M

Regency Centers Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 73.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For REG, the sentiment is Positive. The current price of 73.03 is above the 20-day moving average (MA) of 70.51, above the 50-day MA of 72.16, and above the 200-day MA of 71.01, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 54.76 is Neutral, neither overbought nor oversold. The STOCH value of 67.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for REG.

Regency Centers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NNN	79 Outperform	$7.85B	19.40	9.35%	5.56%	4.97%	-0.26%
FRT	78 Outperform	$8.34B	28.21	9.58%	4.55%	6.21%	22.32%
REG	74 Outperform	$26.51B	34.45	5.83%	3.77%	7.35%	―
BRX	72 Outperform	$7.48B	21.95	10.99%	4.36%	4.58%	12.65%
KIM	71 Outperform	$14.35B	38.23	5.19%	4.64%	12.38%	45.10%
KRG	65 Neutral	$4.95B	365.26	0.81%	4.67%	4.09%	-75.82%
Sector *	60 Neutral	$2.79B	11.37	0.20%	8519.74%	6.07%	-14.95%

Regency Centers Corporate Events

Regency Centers Acquires Brentwood Place for $119M

Regency Centers reported its first quarter 2025 financial results, highlighting a net income of $0.58 per diluted share, consistent with the previous year. The company achieved a 4.3% increase in Same Property Net Operating Income and executed 1.4 million square feet of new and renewal leases with significant rent spreads. Regency also acquired Brentwood Place in Nashville for $119 million and saw its credit rating upgraded to ‘A-‘ by S&P Global Ratings. The company reaffirmed its 2025 earnings guidance, indicating stable growth and strong operational fundamentals.

Spark’s Take on REG Stock

According to Spark, TipRanks’ AI Analyst, REG is a Outperform.

Regency Centers’ stock is supported by stable financial performance, strong earnings call guidance, and moderate technical trends. While the valuation suggests a premium, the company’s growth prospects and attractive dividend yield provide a balanced investment case.

To see Spark’s full report on REG stock, click here.

Regency Centers Reports Q1 2025 Financial Results

On April 29, 2025, Regency Centers reported its financial and operational results for the first quarter of 2025, highlighting a stable net income per diluted share of $0.58, consistent with the previous year. The company achieved a Nareit FFO of $1.15 per diluted share and Core Operating Earnings of $1.09 per diluted share, with a 4.3% increase in Same Property NOI year-over-year. Regency also acquired Brentwood Place in Nashville for $119 million and saw its credit rating upgraded to ‘A-‘ by S&P Global Ratings. The company remains optimistic about its growth prospects, supported by robust leasing activity and strategic acquisitions.

Spark’s Take on REG Stock

According to Spark, TipRanks’ AI Analyst, REG is a Outperform.

Regency Centers’ stock is supported by stable financial performance, strong earnings call guidance, and moderate technical trends. While the valuation suggests a premium, the company’s growth prospects and attractive dividend yield provide a balanced investment case.

To see Spark’s full report on REG stock, click here.

Regency Centers Reports Strong 2024 Financial Results

Regency Centers reported its financial results for the fourth quarter and full year 2024, highlighting a strong performance characterized by record-high occupancy levels and robust rent growth. The company achieved a net income of $2.11 per diluted share for the full year 2024, up from $2.04 in 2023, and executed 8.1 million square feet of new and renewal leases at favorable rent spreads. Regency also started development projects worth $258 million and ended the year with a net debt to operating EBITDAre ratio of 5.2x, positioning it well for future growth. The company declared a quarterly dividend of $0.705 per share and provided initial 2025 earnings guidance, reflecting confidence in sustained earnings growth.

Regency Centers Reports 2024 Financial Results and Growth

On February 6, 2025, Regency Centers reported its financial results for the fourth quarter and full year 2024, highlighting a net income of $2.11 per diluted share for the year, a slight increase from the previous year. The company achieved record-high occupancy levels of 96.7% in its same property portfolio and executed 8.1 million square feet of new and renewal leases at notable rent spreads. Regency also initiated significant development projects and raised $100 million through its ATM program, reinforcing its strategic growth plans and solid balance sheet.