Last 7 days
-2.9%
Last 30 days
-5.9%
Last 90 days
-11.4%
Trailing 12 Months
-15.8%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 50.3B | 4.3B | -0.67% | -7.84% | 11.56 | 11.69 | 18.80% | 113.99% |
DLR | 28.8B | 4.9B | 1.25% | -24.57% | 77.2 | 5.88 | 9.82% | -73.28% |
EQR | 22.6B | 2.0B | -1.01% | -20.50% | 24.61 | 11.43 | -20.93% | -31.79% |
ARE | 19.1B | 2.7B | -6.88% | -30.41% | 25.48 | 7.14 | 18.91% | 81.13% |
KIM | 13.2B | 1.7B | -4.07% | -25.83% | 104.43 | 7.61 | 15.49% | -81.09% |
MID-CAP | ||||||||
FRT | 7.1B | 1.1B | -8.04% | -21.25% | 18.25 | 6.51 | 10.19% | 46.60% |
KRG | 4.3B | 814.4M | -2.26% | -4.29% | 465.69 | 5.23 | 63.41% | 107.43% |
VNO | 2.6B | 1.8B | -10.72% | -60.29% | -6.95 | 1.42 | 9.23% | -286.27% |
MAC | 2.0B | 857.9M | -0.32% | -17.87% | -23.05 | 2.35 | -1.75% | -315.36% |
SMALL-CAP | ||||||||
SKT | 2.1B | 421.5M | 12.31% | 19.76% | 23.93 | 5.05 | 1.34% | 437.34% |
SLG | 1.4B | 862.4M | -3.29% | -61.71% | -11.46 | 1.67 | 7.01% | -127.00% |
AIV | 1.2B | 184.6M | 6.32% | 29.74% | 12.67 | 6.33 | 2.55% | 1950.56% |
PGRE | 923.1M | 745.2M | 2.66% | -52.44% | -24.26 | 1.24 | 2.17% | -183.81% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 1.2% | 1,239 | 1,224 | 1,206 | 1,210 | 1,195 |
Operating Expenses | 2.0% | 767 | 752 | 736 | 721 | 715 |
S&GA Expenses | 8.1% | 86.00 | 80.00 | 77.00 | 74.00 | 76.00 |
EBITDA | 4.9% | 894 | 852 | 874 | 882 | - |
EBITDA Margin | 3.4% | 0.73* | 0.71* | 0.72* | 0.74* | - |
Earnings Before Taxes | -22.8% | 331 | 428 | 392 | 419 | 433 |
EBT Margin | 7.7% | 0.35* | 0.32* | 0.35* | 0.36* | - |
Interest Expenses | -0.2% | 146 | 146 | 146 | 146 | 145 |
Net Income | -20.3% | 385 | 483 | 455 | 485 | 476 |
Net Income Margin | 4.5% | 0.39* | 0.38* | 0.40* | 0.40* | - |
Free Cahsflow | -3.4% | 656 | 679 | 662 | 663 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | -0.5% | 10,806 | 10,860 | 10,899 | 10,902 | 10,840 |
Cash Equivalents | -0.9% | 68.00 | 69.00 | 155 | 121 | 179 |
Net PPE | -6.0% | 6.00 | 6.00 | 5.00 | - | - |
Goodwill | 0% | 167 | 167 | 167 | - | - |
Liabilities | -0.3% | 4,666 | 4,682 | 4,700 | 4,696 | 4,634 |
Long Term Debt | -0.2% | 3,729 | 3,737 | 3,717 | - | - |
Shareholder's Equity | 0.7% | 6,139 | 6,097 | 6,116 | 6,206 | 6,206 |
Additional Paid-In Capital | -0.3% | 7,856 | 7,877 | 7,879 | 7,874 | 7,883 |
Minority Interest | 1.3% | 82.00 | 81.00 | 83.00 | 81.00 | 73.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | 2.9% | 675 | 656 | 679 | 662 | 663 |
Share Based Compensation | 3.9% | 17.00 | 17.00 | 16.00 | 15.00 | 14.00 |
Cashflow From Investing | -47.3% | -303 | -206 | -396 | -424 | -234 |
Cashflow From Financing | -1.3% | -482 | -475 | -490 | -402 | -388 |
Dividend Payments | 1.0% | 432 | 428 | 423 | 416 | 409 |
Buy Backs | -168.8% | -51.89 | 75.00 | -143 | -301 | - |
46.9%
24.2%
19.6%
Y-axis is the maximum loss one would have experienced if Regency Centers was unfortunately bought at previous high price.
3.8%
-1.3%
2.6%
10.5%
FIve years rolling returns for Regency Centers.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-23 | Toroso Investments, LLC | new | - | 450,000 | 450,000 | 0.01% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 7.68 | 577,188 | 11,334,200 | -% |
2023-05-22 | PUTNAM INVESTMENTS LLC | new | - | 2,863,160 | 2,863,160 | -% |
2023-05-22 | FDx Advisors, Inc. | unchanged | - | - | 283,000 | 0.01% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -2.21 | -569,000 | 12,736,000 | 0.02% |
2023-05-18 | SkyView Investment Advisors, LLC | new | - | - | - | -% |
2023-05-18 | Harvest Portfolios Group Inc. | added | 2.78 | 1,883 | 312,446 | 0.01% |
2023-05-18 | JPMORGAN CHASE & CO | added | 0.21 | -3,277,160 | 168,245,000 | 0.02% |
2023-05-17 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 6.63 | 2,893,260 | 15,068,800 | 0.16% |
2023-05-17 | Advisory Services Network, LLC | reduced | -94.42 | -523,215 | 30,223 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 15.63% | 26,754,195 | SC 13G/A | |
Feb 07, 2023 | state street corp | 7.17% | 12,265,423 | SC 13G/A | |
Jan 23, 2023 | blackrock inc. | 10.0% | 17,145,978 | SC 13G/A | |
Feb 11, 2022 | capital world investors | 10.4% | 17,851,008 | SC 13G/A | |
Feb 11, 2022 | state street corp | 6.46% | 11,060,758 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 15.26% | 26,126,855 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 10.3% | 17,670,922 | SC 13G/A | |
Jan 26, 2022 | blackrock inc. | 10.3% | 17,670,922 | SC 13G/A | |
Dec 10, 2021 | capital world investors | 10.4% | 17,851,343 | SC 13G | |
Feb 16, 2021 | cohen & steers, inc. | 0.01% | 16,012 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
May 25, 2023 | 8-K | Current Report | |
May 18, 2023 | 425 | Prospectus Filed | |
May 18, 2023 | 425 | Prospectus Filed | |
May 18, 2023 | 425 | Prospectus Filed | |
May 18, 2023 | 425 | Prospectus Filed | |
May 18, 2023 | 8-K | Current Report | |
May 18, 2023 | 8-K | Current Report | |
May 11, 2023 | 8-K | Current Report | |
May 10, 2023 | 4 | Insider Trading | |
May 05, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-04 | Klein Karin | acquired | - | - | 397 | - |
2023-05-04 | LINNEMAN PETER | acquired | - | - | 397 | - |
2023-05-04 | Evens Deirdre | acquired | - | - | 457 | - |
2023-05-04 | BLANKENSHIP C RONALD | acquired | - | - | 556 | - |
2023-05-03 | Simmons James H. III | acquired | - | - | 1,896 | - |
2023-05-03 | Klein Karin | acquired | - | - | 1,896 | - |
2023-05-03 | WATTLES THOMAS G | acquired | - | - | 1,896 | - |
2023-05-03 | BLAIR BRYCE | acquired | - | - | 1,896 | - |
2023-05-03 | LINNEMAN PETER | acquired | - | - | 1,896 | - |
2023-05-03 | FURPHY THOMAS W | acquired | - | - | 1,896 | - |
Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
Revenues: | ||
Lease income | $ 308,801 | $ 293,645 |
Other property income | 3,138 | 3,104 |
Management, transaction, and other fees | 6,038 | 6,684 |
Total revenues | 317,977 | 303,433 |
Operating expenses: | ||
Depreciation and amortization | 82,707 | 77,842 |
Property operating expense | 51,022 | 46,461 |
Real estate taxes | 38,477 | 36,869 |
General and administrative | 25,280 | 18,792 |
Other operating (income) expenses | (497) | 2,173 |
Total operating expenses | 196,989 | 182,137 |
Other expense (income): | ||
Interest expense, net | 36,393 | 36,738 |
Gain on sale of real estate, net of tax | (250) | (101,948) |
Net investment (income) loss | (1,727) | 2,494 |
Total other expense (income) | 34,416 | (62,716) |
Income from operations before equity in income of investments in real estate partnerships | 86,572 | 184,012 |
Equity in income of investments in real estate partnerships | 11,916 | 12,804 |
Net income | 98,488 | 196,816 |
Noncontrolling interests: | ||
Exchangeable operating partnership units | (420) | (863) |
Limited partners' interests in consolidated partnerships | (787) | (725) |
Income attributable to noncontrolling interests | (1,207) | (1,588) |
Net income attributable to common shareholders | $ 97,281 | $ 195,228 |
Income per common share - basic | $ 0.57 | $ 1.14 |
Income per common share - diluted | $ 0.57 | $ 1.14 |
Partnership Interest [Member] | ||
Revenues: | ||
Lease income | $ 308,801 | $ 293,645 |
Other property income | 3,138 | 3,104 |
Management, transaction, and other fees | 6,038 | 6,684 |
Total revenues | 317,977 | 303,433 |
Operating expenses: | ||
Depreciation and amortization | 82,707 | 77,842 |
Property operating expense | 51,022 | 46,461 |
Real estate taxes | 38,477 | 36,869 |
General and administrative | 25,280 | 18,792 |
Other operating (income) expenses | (497) | 2,173 |
Total operating expenses | 196,989 | 182,137 |
Other expense (income): | ||
Interest expense, net | 36,393 | 36,738 |
Gain on sale of real estate, net of tax | (250) | (101,948) |
Net investment (income) loss | (1,727) | 2,494 |
Total other expense (income) | 34,416 | (62,716) |
Income from operations before equity in income of investments in real estate partnerships | 86,572 | 184,012 |
Equity in income of investments in real estate partnerships | 11,916 | 12,804 |
Net income | 98,488 | 196,816 |
Noncontrolling interests: | ||
Limited partners' interests in consolidated partnerships | (787) | (725) |
Income attributable to noncontrolling interests | (787) | (725) |
Net income attributable to common unit holders | $ 97,701 | $ 196,091 |
Income per common share - basic | $ 0.57 | $ 1.14 |
Income per common share - diluted | $ 0.57 | $ 1.14 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Net real estate investments: | ||
Real estate assets, at cost | $ 11,886,697 | $ 11,858,064 |
Less: accumulated depreciation | 2,484,960 | 2,415,860 |
Real estate assets, net | 9,401,737 | 9,442,204 |
Investments in real estate partnerships | 346,390 | 350,377 |
Net real estate investments | 9,748,127 | 9,792,581 |
Cash, cash equivalents, and restricted cash, including $2,955 and $2,310 of restricted cash at March 31, 2023 and December 31, 2022, respectively | 68,143 | 68,776 |
Tenant and other receivables | 181,579 | 188,863 |
Deferred leasing costs, less accumulated amortization of $118,766 and $117,137 at March 31, 2023 and December 31,2022, respectively | 68,567 | 68,945 |
Acquired lease intangible assets, less accumulated amortization of $344,460 and $338,053 at March 31, 2023 and December 31, 2022 respectively | 188,636 | 197,745 |
Right of use assets, net | 273,702 | 275,513 |
Other assets | 276,926 | 267,797 |
Total assets | 10,805,680 | 10,860,220 |
Liabilities: | ||
Notes payable | 3,711,784 | 3,726,754 |
Unsecured credit facility | 30,000 | |
Accounts payable and other liabilities | 289,297 | 317,259 |
Acquired lease intangible liabilities, less accumulated amortization of $199,840 and $193,315 at March 31, 2023 and December 31, 2022, respectively | 346,939 | 354,204 |
Lease liabilities | 212,582 | 213,722 |
Tenants' security, escrow deposits and prepaid rent | 75,643 | 70,242 |
Total liabilities | 4,666,245 | 4,682,181 |
Commitments and contingencies | ||
Shareholders' equity/Partners' capital: | ||
Common stock, $0.01 par value per share, 220,000,000 shares authorized; 170,958,422 and 171,124,593 shares issued at March 31, 2023 and December 31, 2022, respectively | 1,710 | 1,711 |
Treasury stock at cost, 483,782 and 465,415 shares held at March 31, 2023 and December 31, 2022, respectively | (25,699) | (24,461) |
Additional paid-in-capital | 7,856,426 | 7,877,152 |
Accumulated other comprehensive income | 3,927 | 7,560 |
Distributions in excess of net income | (1,779,043) | (1,764,977) |
Total shareholders' equity | 6,057,321 | 6,096,985 |
Noncontrolling interests: | ||
Exchangeable operating partnership units, aggregate redemption value of $45,361 and $46,340 at March 31, 2023 and December 31, 2022, respectively | 34,411 | 34,489 |
Limited partners' interests in consolidated partnerships | 47,703 | 46,565 |
Total noncontrolling interests | 82,114 | 81,054 |
Total equity | 6,139,435 | 6,178,039 |
Total liabilities and equity | 10,805,680 | 10,860,220 |
Partnership Interest [Member] | ||
Net real estate investments: | ||
Real estate assets, at cost | 11,886,697 | 11,858,064 |
Less: accumulated depreciation | 2,484,960 | 2,415,860 |
Real estate assets, net | 9,401,737 | 9,442,204 |
Investments in real estate partnerships | 346,390 | 350,377 |
Net real estate investments | 9,748,127 | 9,792,581 |
Cash, cash equivalents, and restricted cash, including $2,955 and $2,310 of restricted cash at March 31, 2023 and December 31, 2022, respectively | 68,143 | 68,776 |
Tenant and other receivables | 181,579 | 188,863 |
Deferred leasing costs, less accumulated amortization of $118,766 and $117,137 at March 31, 2023 and December 31,2022, respectively | 68,567 | 68,945 |
Acquired lease intangible assets, less accumulated amortization of $344,460 and $338,053 at March 31, 2023 and December 31, 2022 respectively | 188,636 | 197,745 |
Right of use assets, net | 273,702 | 275,513 |
Other assets | 276,926 | 267,797 |
Total assets | 10,805,680 | 10,860,220 |
Liabilities: | ||
Notes payable | 3,711,784 | 3,726,754 |
Unsecured credit facility | 30,000 | |
Accounts payable and other liabilities | 289,297 | 317,259 |
Acquired lease intangible liabilities, less accumulated amortization of $199,840 and $193,315 at March 31, 2023 and December 31, 2022, respectively | 346,939 | 354,204 |
Lease liabilities | 212,582 | 213,722 |
Tenants' security, escrow deposits and prepaid rent | 75,643 | 70,242 |
Total liabilities | 4,666,245 | 4,682,181 |
Commitments and contingencies | ||
Shareholders' equity/Partners' capital: | ||
General partner; 170,958,422 and 171,124,593 units outstanding at March 31, 2023 and December 31, 2022, respectively | 6,053,394 | 6,089,425 |
Limited partners; 741,433 units outstanding at March 31, 2023 and December 31, 2022 | 34,411 | 34,489 |
Accumulated other comprehensive income | 3,927 | 7,560 |
Total partners' capital | 6,091,732 | 6,131,474 |
Noncontrolling interests: | ||
Limited partners' interests in consolidated partnerships | 47,703 | 46,565 |
Total capital | 6,139,435 | 6,178,039 |
Total liabilities and equity | $ 10,805,680 | $ 10,860,220 |