Regency Centers Corporation with ticker code (REG) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 79 and 62 with the average target price sitting at $69.40. Given that the stocks previous close was at $60.26 this would imply there is now a potential upside of 15.2%. The 50 day moving average now sits at $62.27 while the 200 day moving average is $61.74. The market cap for the company is $10,375m. You can visit the company’s website by visiting: https://www.regencycenters.com
The potential market cap would be $11,948m based on the market consensus.
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. 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 4.31% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 21.46, revenue per share of 7.42 and a 3% return on assets.
