Regency Centers Stock: Is REG Underperforming the Real Estate Sector?

Core Insights - Regency Centers Corporation (REG) is a leading REIT focused on grocery-anchored shopping centers in affluent suburban areas, with a market cap of $12.4 billion and a portfolio of over 480 properties [1][2] Financial Performance - REG stock reached a three-year high of $78.18 on March 4 but is currently trading 12.7% below that peak, with a 3.8% decline over the past three months, slightly underperforming the Real Estate Select Sector SPDR Fund (XLRE) which dipped 3.3% [3] - Year-to-date, REG stock has dropped 7.7% and 9.5% over the past 52 weeks, contrasting with XLRE's slight uptick of 59 basis points in 2025 and a 4.5% decline over the past year [4] - Following the release of Q3 results on October 28, despite better-than-expected revenues, REG stock prices fell 3.1% [5] Revenue and Growth - Regency reported a 7.7% year-over-year increase in overall revenues for Q3, totaling $387.6 million, surpassing consensus estimates by 60 basis points [5] - The company's Nariet FFO per share grew 7.5% year-over-year to $1.15, aligning with market expectations, and the increase in same property NOI led to an upward revision of full-year earnings growth guidance [6] - The company has made over $750 million in capital investments year-to-date, enhancing its property portfolio [5]