Regency Centers Corporation (NASDAQ: REG) is -3.67% lower on its value in year-to-date trading and has touched a low of $56.51 and a high of $76.53 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 $71.66 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $71.22, the stock is -1.39% and -3.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing -0.61% at the moment leaves the stock 5.13% off its SMA200. REG registered 14.01% gain for a year compared to 6-month gain of 7.60%. The firm has a 50-day simple moving average (SMA 50) of $73.524 and a 200-day simple moving average (SMA200) of $67.74195.
The stock witnessed a -5.54% loss in the last 1 month and extending the period to 3 months gives it a -1.43%, and is 3.47% 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 1.88% over the week and 2.02% over the month.
Regency Centers Corporation (REG) has around 497 employees, a market worth around $13.00B and $1.45B in sales. Current P/E ratio is 33.57 and Fwd P/E is 34.22. Profit margin for the company is 26.98%. Distance from 52-week low is 26.03% and -6.94% from its 52-week high. The company has generated returns on investments over the last 12 months (3.32%).
with sales reaching $357.67M over the same period.The EPS is expected to grow by 3.32% this year, but quarterly earnings will post 9.28% year-over-year. Quarterly sales are estimated to grow 1.36% in year-over-year returns.
Regency Centers Corporation (REG) Top Institutional Holders
788.0 institutions hold shares in Regency Centers Corporation (REG), with institutional investors hold 102.06% of the company’s shares. The shares outstanding are 181.03M, and float is at 180.15M with Short Float at 2.49%. Institutions hold 101.27% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.78 million shares valued at $1.79 billion. The investor’s holdings represent 15.584% of the REG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.44 million shares valued at $1.27 billion to account for 11.0664 of the shares outstanding. The other top investors are NORGES BANK which holds 17.05 million shares representing 9.2334% and valued at over $1.06 billion, while STATE STREET CORP holds 6.3011 of the shares totaling 11.64 million with a market value of $731.48 million.
Regency Centers Corporation (REG) Insider Activity
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Still, SEC filings show that on Aug 16 ’24, HERMAN MICHAEL R (Senior VP and General Counsel) disposed off 1,000 shares at an average price of $69.57 for $69569.0. The insider now directly holds 13,010 shares of Regency Centers Corporation (REG).
