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REG

65.81USD+0.14(+0.21%)Delayed

Regency Centers Corp

Market Summary

USD65.81+0.14Delayed
0.21%

REG Alerts

REG Stock Price

RSI Chart

Valuation

Market Cap

10.2B

Price/Earnings

21.11

Price/Sales

8.47

Price/Cashflow

15.48

MarketCap/EBT

24.45

Price/Sales

Profitability

EBT Margin

34.63%

Return on Equity

7.92%

Return on Assets

4.45%

Fundamentals

Revenue

Revenue (TTM)

1.2B

Revenue Y/Y

-1.1%

Revenue Q/Q

0.63%

Earnings

Earnings (TTM)

455.5M

Earnings Y/Y

-25.41%

Earnings Q/Q

-16.43%

Price Action

52 Week Range

51.9777.19
(Low)(High)

Last 7 days

-0.7%

Last 30 days

8.8%

Last 90 days

8.8%

Trailing 12 Months

-5.7%

Financial Health

Debt/Equity

0.61

Debt/Cashflow

0.18

Investor Care

Dividend Yield

4.12%

Dividend/Share (TTM)

2.5

Buy Backs (1Y)

0.05%

Peers (Alternatives to Regency Centers)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
4.52% -6.45%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
6.93% -18.34%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
17.64% -31.38%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
7.68% -22.22%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
3.65% -22.62%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
8.55% 0.13%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
10.36% -10.60%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
9.12% -36.63%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
15.26% 15.23%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
6.39% -39.17%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
11.48% -28.89%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
9.20% 0.38%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-3.48% -25.18%
538.82
1.96
2.16% 107.41%
1.2B
-
10.74% 8.70%
5
3.44
120.87% 1462.96%

Financials for Regency Centers

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-0.3%1,2061,2101,1951,1661,128
Operating Expenses2.2%736721715714726
  S&GA Expenses3.3%7774767879
Earnings Before Taxes-6.4%392419433319298
Net Income-6.1%455485476361332
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.0%10,89910,90210,84010,79310,854
    Cash Equivalents27.9%15512117995363
  Net PPE-6.0%66555
  Goodwill0%167167167167170
Liabilities0.1%4,7004,6964,6344,6834,710
  Long Term Debt-0.2%3,7293,7373,7173,7193,749
Shareholder's Equity-0.1%6,1166,1256,1326,0376,071
  Additional Paid-In Capital0.1%7,8797,8747,8837,8837,883
Minority Interest2.2%8381737373
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations2.6%679662663659633
  Share Based Compensation4.7%1615141312
Cashflow From Investing6.6%-396.65-424.65-234.77-286.3538
Cashflow From Financing-21.7%-490.20-402.63-388.74-656.46-589.51
  Dividend Payments1.7%423416409403302
  Buy Backs-47.7%-445.47-301.68

Risks

What is the probability of a big loss on REG?

37.7%


Probability that Regency Centers stock will be more than 20% underwater in next one year

24.2%


Probability that Regency Centers stock will be more than 30% underwater in next one year.

19.6%


Probability that Regency Centers stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does REG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Regency Centers was unfortunately bought at previous high price.

Returns

Cumulative Returns on REG

7.0%


10-Year Cumulative Returns

3.5%


7-Year Cumulative Returns

3%


5-Year Cumulative Returns

4.6%


3-Year Cumulative Returns

What are the long-term rolling returns for REG?

FIve years rolling returns for Regency Centers.

Which funds bought or sold REG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
348
1,000
-%
2022-11-22
CVA Family Office, LLC
-
-
-
27,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
753,000
753,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-1,566,000
13,977,000
0.02%
2022-11-21
FourThought Financial, LLC
-
-
-1,000
6,000
-%
2022-11-17
M&T Bank Corp
-
-
-105,000
988,000
-%
2022-11-16
Kentucky Retirement Systems
ADDED
4.71
-34,000
649,000
0.03%
2022-11-16
Kentucky Retirement Systems Insurance Trust Fund
ADDED
4.13
-17,000
297,000
0.03%
2022-11-16
GLENMEDE TRUST CO NA
NEW
-
728,000
728,000
-%
2022-11-16
Neo Ivy Capital Management
SOLD OFF
-100
-1,000
-
-%

1–10 of 47

Latest Funds Activity

Are funds buying REG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own REG

Regency Centers News

Seeking Alpha

BofA picks industrial, self-storage, senior housing REITs in 2023 outlook (NYSE:WELL).96 minutes ago

REG Fair Value

Recent SEC filings of Regency Centers

View All Filings
Date Filed Form Type Document
Nov 18, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
8-K
Current Report
Nov 04, 2022
8-K
Current Report
Nov 04, 2022
10-Q
Quarterly Report
Nov 03, 2022
4
Insider Trading
Nov 03, 2022
4
Insider Trading
Nov 03, 2022
4
Insider Trading
Nov 03, 2022
4
Insider Trading
Nov 02, 2022
8-K
Current Report

Latest Insider Trading transactions for REG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-17
STEIN MARTIN E JR
GIFTED
-
-
-6,500
Executive Chairman
2022-11-10
ROTH ALAN TODD
SOLD
-198,330
66.11
-3,000
Senior Managing Director
2022-11-03
Evens Deirdre
ACQUIRED
-
-
470
-
2022-11-03
Klein Karin
ACQUIRED
-
-
409
-
2022-11-03
LINNEMAN PETER
ACQUIRED
-
-
409
-
2022-11-03
BLANKENSHIP C RONALD
ACQUIRED
-
-
572
-
2022-08-12
MAS MICHAEL J
ACQUIRED
-
-
878
EVP and CFO
2022-08-12
MAS MICHAEL J
SOLD (Taxes)
-21,680.1
66.3
-327
EVP and CFO

1–10 of 50

Lisa Palmer
430
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.

REG Income Statement

2022-09-30
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Lease income$ 295,756$ 283,303$ 882,265$ 826,390
Other property income2,4664,4018,2909,428
Management, transaction, and other fees5,76719,67118,95033,419
Total revenues303,989307,375909,505869,237
Operating expenses:    
Depreciation and amortization80,27075,459237,462226,935
Operating and maintenance49,57743,468143,788135,616
General and administrative20,27317,78956,71058,263
Real estate taxes37,92635,779111,495107,392
Other operating expenses9498123,7392,687
Total operating expenses188,995173,307553,194530,893
Other expense (income):    
Interest expense, net36,36135,993109,798108,741
Provision for impairment of real estate, net of tax (20) 115
Gain on sale of real estate, net of tax(220)(6,719)(106,459)(38,198)
Net investment loss (income)1,2152099,177(3,275)
Total other expense (income)37,35629,46312,51667,383
Income from operations before equity in income of investments in real estate partnerships77,638104,605343,795270,961
Equity in income of investments in real estate partnerships11,20914,24347,85526,344
Net income88,847118,848391,650297,305
Noncontrolling interests:    
Exchangeable operating partnership units(379)(519)(1,694)(1,315)
Limited partners' interests in consolidated partnerships(890)(923)(2,354)(2,438)
Income attributable to noncontrolling interests(1,269)(1,442)(4,048)(3,753)
Net income attributable to common stockholders$ 87,578$ 117,406$ 387,602$ 293,552
Income per common share - basic$ 0.51$ 0.69$ 2.26$ 1.73
Income per common share - diluted$ 0.51$ 0.69$ 2.26$ 1.72
Partnership Interest [Member]    
Revenues:    
Lease income$ 295,756$ 283,303$ 882,265$ 826,390
Other property income2,4664,4018,2909,428
Management, transaction, and other fees5,76719,67118,95033,419
Total revenues303,989307,375909,505869,237
Operating expenses:    
Depreciation and amortization80,27075,459237,462226,935
Operating and maintenance49,57743,468143,788135,616
General and administrative20,27317,78956,71058,263
Real estate taxes37,92635,779111,495107,392
Other operating expenses9498123,7392,687
Total operating expenses188,995173,307553,194530,893
Other expense (income):    
Interest expense, net36,36135,993109,798108,741
Provision for impairment of real estate, net of tax (20) 115
Gain on sale of real estate, net of tax(220)(6,719)(106,459)(38,198)
Net investment loss (income)1,2152099,177(3,275)
Total other expense (income)37,35629,46312,51667,383
Income from operations before equity in income of investments in real estate partnerships77,638104,605343,795270,961
Equity in income of investments in real estate partnerships11,20914,24347,85526,344
Net income88,847118,848391,650297,305
Noncontrolling interests:    
Limited partners' interests in consolidated partnerships(890)(923)(2,354)(2,438)
Income attributable to noncontrolling interests(890)(923)(2,354)(2,438)
Net income attributable to common unit holders$ 87,957$ 117,925$ 389,296$ 294,867
Income per common share - basic$ 0.51$ 0.69$ 2.26$ 1.73
Income per common share - diluted$ 0.51$ 0.69$ 2.26$ 1.72

REG Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Real Estate Investment Property, at Cost [Abstract]  
Real estate assets, at cost$ 11,769,796$ 11,495,581
Less: accumulated depreciation2,360,6632,174,963
Real estate assets, net9,409,1339,320,618
Investments in real estate partnerships332,248372,591
Properties held for sale2,35425,574
Cash, cash equivalents, and restricted cash, including $3,752 and $1,930 of restricted cash at September 30, 2022 and December 31, 2021, respectively154,98495,027
Tenant and other receivables173,572153,091
Deferred leasing costs, less accumulated amortization of $122,690 and $117,878 at September 30, 2022 and December 31, 2021, respectively69,09165,741
Acquired lease intangible assets, less accumulated amortization of $332,866 and $312,186 at September 30, 2022 and December 31, 2021, respectively204,097212,707
Right of use assets, net277,656280,783
Other assets275,702266,431
Total assets10,898,83710,792,563
Liabilities:  
Notes payable3,729,4043,718,944
Accounts payable and other liabilities328,285322,271
Acquired lease intangible liabilities, less accumulated amortization of $186,515 and $172,293 at September 30, 2022 and December 31, 2021, respectively350,531363,276
Lease liabilities215,100215,788
Tenants' security, escrow deposits and prepaid rent76,77762,352
Total liabilities4,700,0974,682,631
Commitments and contingencies
Equity :  
Common stock, $0.01 par value per share, 220,000,000 shares authorized; 171,119,166 and 171,213,008 shares issued at September 30, 2022 and December 31, 2021, respectively1,7111,712
Treasury stock at cost, 458,325 and 427,901 shares held at September 30, 2022 and December 31, 2021, respectively(24,061)(22,758)
Additional paid-in-capital7,878,9937,883,458
Accumulated other comprehensive income (loss)8,253(10,227)
Distributions in excess of net income(1,749,013)(1,814,814)
Total stockholders’ equity6,115,8836,037,371
Exchangeable operating partnership units, aggregate redemption value of $39,926 and $56,844 at September 30, 2022 and December 31, 2021, respectively34,55435,447
Limited partners' interests in consolidated partnerships48,30337,114
Total noncontrolling interests82,85772,561
Total equity6,198,7406,109,932
Total liabilities and equity10,898,83710,792,563
Partnership Interest [Member]  
Real Estate Investment Property, at Cost [Abstract]  
Real estate assets, at cost11,769,79611,495,581
Less: accumulated depreciation2,360,6632,174,963
Real estate assets, net9,409,1339,320,618
Investments in real estate partnerships332,248372,591
Properties held for sale2,35425,574
Cash, cash equivalents, and restricted cash, including $3,752 and $1,930 of restricted cash at September 30, 2022 and December 31, 2021, respectively154,98495,027
Tenant and other receivables173,572153,091
Deferred leasing costs, less accumulated amortization of $122,690 and $117,878 at September 30, 2022 and December 31, 2021, respectively69,09165,741
Acquired lease intangible assets, less accumulated amortization of $332,866 and $312,186 at September 30, 2022 and December 31, 2021, respectively204,097212,707
Right of use assets, net277,656280,783
Other assets275,702266,431
Total assets10,898,83710,792,563
Liabilities:  
Notes payable3,729,4043,718,944
Accounts payable and other liabilities328,285322,271
Acquired lease intangible liabilities, less accumulated amortization of $186,515 and $172,293 at September 30, 2022 and December 31, 2021, respectively350,531363,276
Lease liabilities215,100215,788
Tenants' security, escrow deposits and prepaid rent76,77762,352
Total liabilities4,700,0974,682,631
Commitments and contingencies
Equity :  
General partner; 171,119,166 and 171,213,008 units outstanding at September 30, 2022 and December 31, 2021, respectively6,107,6306,047,598
Limited partners; 741,433 and 760,046 units outstanding at September 30, 2022 and December 31, 2021, respectively34,55435,447
Accumulated other comprehensive income (loss)8,253(10,227)
Total partners' capital6,150,4376,072,818
Limited partners' interests in consolidated partnerships48,30337,114
Total capital6,198,7406,109,932
Total liabilities and equity$ 10,898,837$ 10,792,563