Regency Centers Corporation (NASDAQ: REG) is -9.63% lower on its value in year-to-date trading and has touched a low of $54.72 and a high of $68.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The REG stock was last observed hovering at around $59.75 in the last trading session, with the day’s gains setting it 0.8%.
Currently trading at $60.55, the stock is 2.50% and 1.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 1.34% at the moment leaves the stock -1.77% off its SMA200. REG registered 2.40% gain for a year compared to 6-month loss of 1.32%.
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The stock witnessed a 6.27% gain in the last 1 month and extending the period to 3 months gives it a 0.60%, and is 3.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.03% over the week and 1.72% over the month.
Regency Centers Corporation (REG) has around 497 employees, a market worth around $11.19B and $1.37B in sales. Current P/E ratio is 29.55 and Fwd P/E is 28.35. Profit margin for the company is 26.87%. Distance from 52-week low is 10.65% and -11.57% from its 52-week high. The company has generated returns on investments over the last 12 months (3.16%).
The EPS is expected to shrink by -3.97% this year
The shares outstanding are 184.13M, and float is at 183.31M with Short Float at 1.34%.
Regency Centers Corporation (REG) Insider Activity
The most recent transaction is an insider sale by PALMER LISA, the company’s President and CEO. SEC filings show that PALMER LISA sold 25,306 shares of the company’s common stock on Feb 21 ’24 at a price of $61.22 per share for a total of $1.55 million. Following the sale, the insider now owns 0.13 million shares.
Regency Centers Corporation disclosed in a document filed with the SEC on Dec 14 ’23 that STEIN MARTIN E JR (Executive Chairman) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $68.00 per share for $1.7 million. Following the transaction, the insider now directly holds 0.31 million shares of the REG stock.
Still, SEC filings show that on Dec 05 ’23, ROTH ALAN TODD (EVP, E. Regional Pres.) disposed off 3,869 shares at an average price of $64.58 for $0.25 million. The insider now directly holds 13,250 shares of Regency Centers Corporation (REG).
