REG · NASDAQ · REIT - Retail

Regency Centers (REG)

Owns and develops grocery-anchored shopping centers across U.S. suburban markets.

$73.35
vs last close+0.43 (+0.59%)
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Regency Centers CorporationREG
Real Estate

Owns and operates grocery-anchored neighborhood and community shopping centers across U.S. suburban markets, earning most revenue by leasing space to grocers, restaurants, service providers, and other retailers. Acquisitions, development, and redevelopment extend a portfolio run largely through an operating partnership.

Owns, develops, redevelops, and operates grocery-anchored neighborhood and community shopping centers across U.S. suburban markets, with the largest property footprints in Florida and California. Its tenant mix centers on grocers, restaurants, service providers, and necessity, convenience, and value retailers.

Revenue comes primarily from leases. Property operations, tenant curation, renewals, acquisitions, ground-up development, and redevelopment support occupancy and expand or refresh the portfolio; management and leasing services for real estate partnerships provide a smaller stream.

Performance depends on retailer demand, tenant credit and rent collection, grocery anchors' ability to draw recurring traffic, and execution on development and redevelopment. Substantially all operations and assets sit within Regency Centers, L.P., while the parent maintains REIT status under federal tax rules.

Company facts

CEOLisa Palmer
ListedOct 29, 1993
ExchangeNASDAQ
HeadquartersJacksonville, FL
CountryUnited States
Employees507
CIK0000910606
ISINUS7588491032

Market cap$13.32B
EPS (ttm)$3.53
P/E (ttm)20.66
ROE9.6%
P/B1.94
P/S7.73
Dividend yieldDiv yield4.14%
Beta0.05vs XLRE 0.80

Price target$85.00+16.6%Average of 33 analysts
ConsensusBuy18 of 33 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 21, 2026GriffinTarget
Target:
Target: $81
Sep 17, 2026ScotiabankReiterate
Rating: Target: $76
Rating: Sector PerformTarget: $81
Aug 17, 2026BarclaysReiterate
Rating: Target: $90
Rating: OverweightTarget: $92
Aug 10, 2026Argus ResearchTarget
Target:
Target: $85
Jul 30, 2026Evercore ISITarget
Target: $81
Target: $83

Next report
Oct 28, 26
in 36 days
EPS estimate
$0.61
Revenue estimate
$422.2M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.46$0.58$0.57$0.58$1.17$0.68$0.61Pending
Estimate$0.48$0.56$0.55$0.56$0.58$0.62$0.59$0.61
Surprise−4.2%+3.0%+3.6%+3.2%+101.0%+9.3%+2.7%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$364.6M$392.5M$391.4M$403.4M$455.1M$419.1M$413.5MPending
Estimate$366.2M$375.4M$378.8M$388.7M$402.8M$410.8M$411.1M$422.2M
Surprise−0.4%+4.5%+3.3%+3.8%+13.0%+2.0%+0.6%
Estimate$0.61
ReportedDue Oct 28, 2026
Estimate$422.2M
ReportedDue Oct 28, 2026
View details

Debt to equity79.80%
Current ratio290.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$373.8M$384.2M$395.4M$394.6M$387.0M$506.8M$413.4M$414.8M
Net income$101.5M$86.5M$109.6M$106.0M$109.4M$304.7M$128.5M$115.8M
Net margin27.1%22.5%27.7%26.9%28.3%60.1%31.1%27.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$242.5M$243.8M$259.0M$260.9M$141.4M$248.1M$152.7M$152.3M
YoY growth+8.8%+5.5%+7.8%+9.4%−41.7%+1.8%−41.0%−41.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $191.6M · Total debt $5.49B · Total assets $13.12B · Shareholders' equity $6.87B

Revenue
$414.8M
Operating income
$152.3M
Net income
$115.8M
View details

Dividend yield
4.14%
Next ex-date
Dec 11, 26
estimated · in 80 days
Annual dividend
$3.02
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.705$0.705$0.705$0.705$0.755$0.755$0.755$0.755
Annual yield3.60%3.82%3.92%3.90%4.21%3.76%3.70%4.05%
Ex-dateDec 16Mar 12Jun 11Sep 11Dec 15Mar 11Jun 12Sep 11
Payment dateJan 3Apr 2Jul 2Oct 2Jan 6Apr 1Jul 2Oct 2
View details

Institutions≈ 101.49%185.86M shares
615 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.38%704.6K shares
12 holders · as of Aug 7, 2026
Strategic holders8.84%16.20M shares
2 holders · as of Feb 16, 2021
Adds to110.71%

183.12M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 110.71%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
10.94%20.04Mas of Jun 30, 2026
Norges BankInstitution
9.36%17.15Mas of Jun 30, 2026
Norges Bank (The Central Bank of Norway)Strategic
8.84%16.18Mfiled Jan 26, 2021
Vanguard Portfolio Management LLCInstitution
8.14%14.90Mas of Jun 30, 2026
State Street CorpInstitution
6.64%12.17Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 12, 2026Terah L. Devereauxofficer: Principal Accounting Officer−1,240$80.14
May 5, 2026Nicholas Andrew Wibbenmeyerofficer: W. Regional Pres. & CIO−7,927$79.06
May 4, 2026Martin E. Jr Steindirector, officer: Executive Chairman−274,615$78.40
Mar 11, 2026Martin E. Jr Steindirector, officer: Executive Chairman−38,000$77.21
Mar 10, 2026Martin E. Jr Steindirector, officer: Executive Chairman−129,490$78.33
View details

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