Workflow
Regency Centers(REG)
icon
Search documents
It Takes A Huge Setback To Make A Massive Comeback
Seeking Alpha· 2024-07-13 11:00
Since 2014, the company has increased its dividend each year at a compound annual growth rate of 3.8%, while maintaining a conservative adjusted FFO, or AFFO, dividend payout ratio, which stood at 77.06% at the end of 2023. REG - IR REG pays a 4.32% dividend yield and is trading at a P/AFFO of 17.92x, compared to its average AFFO multiple of 22.04x. The company has been developing, acquiring, and operating shopping centers since the 1960s and has rewarded its shareholders with a steady source of cash flow f ...
Regency Centers Invites You to Join Its Second Quarter 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-06-28 12:15
Replay Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. 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-admin ...
Regency Centers: Ongoing FFO Growth Can Lift Shares If Interest Rates Stop Rising
Seeking Alpha· 2024-06-05 14:04
Allkindza Shares of Regency Centers (NASDAQ:REG) have been an underperformer over the past year as elevated interest rates have weighed on real estate stocks. I last covered REG in January, rating shares a "buy," but performance has been disappointing with the stock losing 7% while the market has rallied by 11%. Interestingly, the current FFO analyst estimate of $4.18 is slightly above my $4.15 forecast, meaning underperformance has been driven by multiple compression rather than poor operating results. Thi ...
Regency Centers to Present at Nareit's REITweek: 2024 Investor Conference
Newsfilter· 2024-05-30 12:15
JACKSONVILLE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency", "Regency Centers" or the "Company") (NASDAQ:REG) today announced that Lisa Palmer, President and Chief Executive Officer, is scheduled to present at the Nareit REITweek Investor Conference on Wednesday, June 5, 2024, at 11:00 am ET. To listen to the presentation, please use the webcast information provided below. A link to the webcast will be available for replay on the Investor Relations page of the Company's websi ...
Regency Centers to Present at Nareit's REITweek: 2024 Investor Conference
GlobeNewswire News Room· 2024-05-30 12:15
Date: Wednesday, June 5, 2024 Time: 11:00 am – 11:30 am ET Speaker: Lisa Palmer, President & CEO Webcast Link: Regency Centers Presentation Link About Regency Centers Corporation (NASDAQ: REG) Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to t ...
Regency Centers Releases Annual Corporate Responsibility Report for 2023
Newsfilter· 2024-05-16 12:15
JACKSONVILLE, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency", "Regency Centers" or the "Company") (Nasdaq:REG) today released its 2023 Corporate Responsibility Report highlighting the Company's environmental, social, and governance progress and achievements. The report can be found on the Corporate Responsibility page of Regency's website. "As a foundational strategy for Regency, embodied responsibility will continue to enable our business's long- term sustainability and succe ...
Regency Centers Releases Annual Corporate Responsibility Report for 2023
globenewswire.com· 2024-05-16 12:15
JACKSONVILLE, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency", "Regency Centers" or the "Company") (Nasdaq:REG) today released its 2023 Corporate Responsibility Report highlighting the Company's environmental, social, and governance progress and achievements. The report can be found on the Corporate Responsibility page of Regency's website. "As a foundational strategy for Regency, embodied responsibility will continue to enable our business's long- term sustainability and succe ...
Regency Centers(REG) - 2024 Q1 - Earnings Call Presentation
2024-05-03 19:06
Financial Performance & Guidance - The company projects Net Income Attributable to Common Shareholders per diluted share to be between $1.96 and $2.02 for the full year 2024[22] - Nareit Funds From Operations (FFO) per diluted share is guided between $4.15 and $4.21 for 2024[22] - Core Operating Earnings (COE) per diluted share is expected to be between $4.02 and $4.08 in 2024[22] - Same property NOI growth without termination fees or collection of 2020/2021 reserves is projected at +2.0% to +2.5%[22] - The company anticipates approximately $4-5 million in Lease Termination Fee Income in 2024, aligning with the historical average[24] Investment & Capital Allocation - Development and Redevelopment spend is estimated at +/- $180 million[22] - Dispositions are projected at +/- $125 million with a cap rate of +/- 5.5%[22] - The company's in-process development & redevelopment projects totaled $547 million as of March 31, 2024, with estimated stabilized yields of approximately 9%[28,42] Capital Structure & Debt - Total Pro Rata Debt Outstanding is $5.0 billion[26] - The company aims to maintain less than 15% of total debt maturing in any given year[26] - The company has revolver availability of approximately $1.5 billion[18] Risk Factors - The company highlights various risk factors, including those related to operating retail-based shopping centers, partnerships and joint ventures, funding strategies and capital structure, information management and technology, and the market price for its securities[3,4,5]
Regency Centers(REG) - 2024 Q1 - Earnings Call Transcript
2024-05-03 19:06
Regency Centers Corporation (NASDAQ:REG) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Christy McElroy - Senior Vice President, Capital Markets Lisa Palmer - President and CEO Mike Mas - Chief Financial Officer Alan Roth - East Region President and COO Nick Wibbenmeyer - West Region President and CIO Conference Call Participants Lizzy Doykan - Bank of America Michael Goldsmith - UBS Juan Sanabria - BMO Capital Markets Viktor Fediv - Scotiabank Ronald Kamdem - Morgan Stanley R ...
Regency Centers(REG) - 2024 Q1 - Quarterly Report
2024-05-03 18:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12298 (Regency Centers Corporation) Commission File Number 0-24763 (Regency Centers, L.P.) REGENCY CENTERS CORPORATION REGENCY CENTERS, L.P. | ...