Regency Centers Corporation which can be found using ticker (REG) now have 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 suggesting an average Analsyt target price of $69.40. Given that the stocks previous close was at $56.31 and the analysts are correct then we can expect a percentage increase in value of 23.2%. The 50 day MA is $63.35 and the 200 day MA is $61.75. The total market capitalization for the company now stands at $9,712m. Company Website: https://www.regencycenters.com
The potential market cap would be $11,969m 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 4.51% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 20.54, revenue per share of 7.42 and a 3% return on assets.
