Regency Centers Corporation which can be found using ticker (REG) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘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. Now with the previous closing price of $58.50 this would imply there is now a potential upside of 18.6%. It’s also worth noting that there is a 50 day moving average of $62.92 and the 200 moving average now moves to $61.66. The market cap for the company is $10,049m. Find out more information at: https://www.regencycenters.com
The potential market cap would be $11,922m 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 4.44% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 20.79, revenue per share of 7.42 and a 3% return on assets.
