Regency Centers (REG) Projected to Post Quarterly Earnings on Thursday

Regency Centers (NASDAQ:REG) is projected to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Regency Centers to post earnings of $0.48 per share and revenue of $357.68 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Regency Centers Stock Performance

Regency Centers stock opened at $71.78 on Wednesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.95 and a quick ratio of 0.95. The firm’s fifty day moving average price is $72.98 and its 200 day moving average price is $72.06. The company has a market capitalization of $13.03 billion, a price-to-earnings ratio of 33.70, a price-to-earnings-growth ratio of 3.71 and a beta of 1.22. Regency Centers has a 12-month low of $56.51 and a 12-month high of $76.53.

Analyst Ratings Changes

Several research analysts recently commented on the company. Wells Fargo & Company reduced their price target on Regency Centers from $81.00 to $80.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. JPMorgan Chase & Co. upped their target price on Regency Centers from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. KeyCorp initiated coverage on shares of Regency Centers in a research report on Friday, October 25th. They set an “overweight” rating and a $80.00 price target for the company. Evercore ISI cut their price target on shares of Regency Centers from $78.00 to $77.00 and set an “in-line” rating on the stock in a report on Tuesday, December 24th. Finally, Mizuho increased their price objective on shares of Regency Centers from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.08.

Regency Centers Company Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.