Core Insights - Regency Centers Corporation reported a slight decrease in net income attributable to common shareholders for Q4 2024, with earnings of $0.46 per diluted share compared to $0.47 in Q4 2023 [1][6] - For the full year 2024, net income attributable to common shareholders increased to $2.11 per diluted share from $2.04 in 2023 [1][6] - The company provided initial earnings guidance for 2025, projecting net income per diluted share between $2.25 and $2.31 [14][15] Financial Results - Reported Nareit FFO for Q4 2024 was $1.09 per diluted share, up from $1.02 in Q4 2023, and for the full year, it increased to $4.30 from $4.15 [5][11] - Core Operating Earnings for Q4 2024 were $1.04 per diluted share, compared to $0.99 in Q4 2023, with full-year earnings rising to $4.13 from $3.95 [5][11] - Same Property NOI increased by 4.0% year-over-year for Q4 2024 and by 3.6% for the full year, excluding lease termination fees [5][11][24] Portfolio Performance - The occupancy rate reached a record high of 96.7%, with a year-over-year increase of 100 basis points [5][11] - The company executed 8.1 million square feet of comparable new and renewal leases in 2024, achieving blended rent spreads of +9.5% on a cash basis [5][11] - Same Property shop percent leased increased to 94.1%, reflecting a 60 basis point year-over-year improvement [5][11] Capital Allocation and Balance Sheet - Regency started over $35 million in new development and redevelopment projects in Q4 2024, totaling $258 million for the year [5][11] - The company raised $100 million of common stock through its ATM program at an average price of $74.66 per share [5][11] - As of December 31, 2024, Regency's pro-rata net debt and preferred stock to operating EBITDAre was 5.2x [5][11] Acquisitions and Dispositions - In Q4 2024, Regency acquired University Commons in Austin, Texas, for approximately $14 million [16] - The company disposed of two small office buildings in Greenwich, Connecticut, for about $5 million [16] - Subsequent to year-end, Regency acquired its partner's interest in Putnam Plaza for approximately $10 million [16] Dividend Information - On February 4, 2025, the Board declared a quarterly cash dividend of $0.705 per share, payable on April 2, 2025 [16] - The Board also declared dividends on Series A and Series B preferred stock, payable on April 30, 2025 [16]

Regency Centers Corp. (REG) is slated to report fourth-quarter and full-year 2024 results on Feb. 6, after the closing bell. The company’s quarterly results are likely to display year-over-year growth in revenues and funds from operations (FFO) per share.See the Zacks Earnings Calendar to stay ahead of market-making news.In the last reported quarter, this Jacksonville, FL-based retail real estate investment trust (REIT) reported NAREIT FFO per share of $1.07, outpacing the Zacks Consensus Estimate of $1.04. ...

JACKSONVILLE, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency Centers” or the “Company”) (Nasdaq:REG) today announced the federal income tax treatment of its 2024 distributions to holders of its Common and Preferred stock. Regency Centers Corporation: Common Stock: Symbol REG CUSIP #: 758849103Record DatePayable DateTotal Distribution Per ShareDistribution Allocated to 2024Total Ordinary DividendsQualified Dividends (Included in Total Ordinary Div)Section 199A Dividends(1)Total ...

Shares of Regency Centers (REG) have rallied 12.6% in the past six months, outperforming the industry's growth of 10.5%.REG is well-poised to gain from its strategically located portfolio of grocery-anchored premium shopping centers and the presence of leading grocers in its tenant roster. Strategic buyouts and an encouraging development pipeline bode well for long-term growth. A healthy balance sheet aids financial flexibility.Analysts seem bullish about this Zacks Rank #2 (Buy) company, with the Zacks Con ...

Group 1 - Regency Centers Corporation will announce its fourth quarter 2024 earnings results on February 6, 2025, after market close [1] - An earnings conference call is scheduled for February 7, 2025, at 11:00 a.m. ET [2] - The earnings release and supplemental information will be available on the Company's Investor Relations website [1] Group 2 - Regency Centers is a leading national owner, operator, and developer of shopping centers in suburban areas with strong demographics [4] - The Company's portfolio includes properties with productive grocers, restaurants, service providers, and top retailers [4] - Regency Centers operates as a fully integrated real estate company and is a qualified real estate investment trust (REIT) [4]

With healthy retail demand and subdued construction activity continuing to drive the recovery in the retail real estate industry, Regency Centers Corp. (REG) seems well-poised to benefit from its portfolio of premium open-air shopping centers. Also, its focus on building a high-quality portfolio of grocery-anchored shopping centers and encouraging development pipeline bode well.Late in October, Regency reported third-quarter 2024 NAREIT funds from operations (FFO) per share of $1.07, outpacing the Zacks Con ...

Delighting its shareholders, Regency Centers Corporation (REG) has announced a 5.2% increase in its quarterly common stock dividend to 70.5 cents. This marks its 11th successive year of increases. The increased amount will be paid out on Jan. 3, 2025 to shareholders on record as of Dec. 16, 2024.Reflecting positive sentiments, shares of Regency were up more than 1% during yesterday’s trading session.The latest dividend rate marks an annualized amount of $2.82 per share compared with the prior rate of $2.68. ...

Regency Centers Corporation (REG) reported third-quarter 2024 NAREIT funds from operations (FFO) per share of $1.07, outpacing the Zacks Consensus Estimate of $1.04. The figure increased 4.9% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect healthy leasing activity and a year-over-year improvement in the same property's net operating income (NOI) and base rents. The company raised its 2024 outlook.Total revenues of $360.3 million increased ...

Regency Centers (REG) came out with quarterly funds from operations (FFO) of $1.07 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to FFO of $1.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 2.88%. A quarter ago, it was expected that this shopping center real estate investment trust would post FFO of $1.02 per share when it actually produced FFO of $1.06, delivering a surprise of 3.92%. Over t ...

JACKSONVILLE, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency Centers", "Regency" or the "Company") (Nasdaq: REG) today reported financial and operating results for the period ended September 30, 2024 and provided updated 2024 earnings guidance. For the three months ended September 30, 2024 and 2023, Net Income Attributable to Common Shareholders was $0.54 per diluted share and $0.50 per diluted share, respectively. Third Quarter Highlights Reported Nareit FFO of $1.07 per dilu ...