Beyond The Numbers: 5 Analysts Discuss Regency Centers Stock
Ratings for Regency Centers (NASDAQ:REG) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Regency Centers, revealing an average target of $64.6, a high estimate of $70.00, and a low estimate of $60.00. A 1.0% drop is evident in the current average compared to the previous average price target of $65.25.
Interpreting Analyst Ratings: A Closer Look
The standing of Regency Centers among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Haendel St. Juste | Mizuho | Raises | Outperform | $67.00 | $61.00 |
| Haendel St. Juste | Mizuho | Raises | Neutral | $61.00 | $60.00 |
| Ki Bin Kim | Truist Securities | Lowers | Buy | $70.00 | $72.00 |
| Nicholas Yulico | Scotiabank | Lowers | Sector Perform | $65.00 | $68.00 |
| Haendel St. Juste | Mizuho | Announces | Neutral | $60.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Regency Centers. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Regency Centers compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Regency Centers's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Regency Centers's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Regency Centers analyst ratings.
About Regency Centers
Regency Centers is one of the largest shopping center-focused retail REITs. The company's portfolio includes an interest in 482 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
Financial Insights: Regency Centers
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Regency Centers showcased positive performance, achieving a revenue growth rate of 14.43% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Regency Centers's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 29.23%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Regency Centers's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.56%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Regency Centers's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.85% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Regency Centers's debt-to-equity ratio is below the industry average. With a ratio of 0.74, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
How Are Analyst Ratings Determined?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.