Regency Centers Corporation with ticker code (REG) now have 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 79 and 62 calculating the mean target price we have $69.33. Given that the stocks previous close was at $60.55 this is indicating there is a potential upside of 14.5%. The 50 day MA is $61.07 and the 200 day moving average is $61.75. The market capitalization for the company is $10,447m. You can visit the company’s website by visiting: https://www.regencycenters.com
The potential market cap would be $11,962m based on the market consensus.
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. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.
The company has a dividend yield of 4.28% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 21.61, revenue per share of 7.42 and a 3% return on assets.
