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Regency Centers to Present at Citi’s 2026 Global Property CEO Conference
Globenewswire· 2026-02-24 21:15
JACKSONVILLE, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq: REG) today announced that the Company’s management team is scheduled to present at the 2026 Citi Global Property CEO Conference (the “Conference”) on Monday, March 2, 2026, at 8:50 am ET. To access the Company’s live presentation, use the webcast registration link below. Regency Centers PresentationDate:Monday, March 2, 2026Time:8:50 a.m. – 9:25 a.m. ETWebcast Link:Citi's 2026 Global Prope ...
Regency Centers (REG) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2026-02-19 15:56
Core Viewpoint - Regency Centers Corporation (REG) is showing potential for a bullish breakout due to a recent "golden cross" in its moving averages, indicating a key level of support has been reached [1] Group 1: Technical Analysis - REG's 50-day simple moving average has crossed above its 200-day simple moving average, a pattern known as a "golden cross" [1] - A golden cross typically indicates a bullish breakout, formed when a stock's short-term moving average surpasses a longer-term moving average [1] - The three stages of a golden cross include a downtrend that bottoms out, the crossover of moving averages, and continued upward momentum [2] Group 2: Performance Metrics - REG has moved 6.6% higher over the last four weeks, suggesting positive momentum [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, indicating favorable market sentiment [3] - There have been three upward revisions in earnings estimates for REG over the past 60 days, with no downward revisions, contributing to a positive earnings outlook [3] Group 3: Investment Considerations - Given the positive technical indicators and the upward movement in earnings estimates, REG may present a compelling investment opportunity for potential gains in the near future [5]
Regency Centers Prices $450 Million Senior Unsecured Notes Offering
Globenewswire· 2026-02-18 21:38
Group 1 - Regency Centers Corporation announced a $450 million public offering of senior unsecured notes due 2033 with a coupon of 4.50% [1] - The notes will mature on March 15, 2033, and were issued at 99.376% of par value, with interest payable semiannually starting September 15, 2026 [1][2] - The net proceeds will be used to reduce the outstanding balance on its line of credit, repay $100 million of 3.81% notes due May 11, 2026, and for general corporate purposes [2] Group 2 - The offering is managed by BofA Securities, J.P. Morgan, and several other financial institutions acting as joint book-running managers [3] - Regency Centers is a qualified real estate investment trust (REIT) that operates as a fully integrated real estate company, focusing on shopping centers in suburban areas [7]
Regency Centers(REGCP) - 2025 Q4 - Annual Report
2026-02-13 21:54
Property Ownership and Portfolio - As of December 31, 2025, Regency Centers Corporation had full or partial equity ownership interests in 481 properties, encompassing approximately 58.4 million square feet of gross leasable area[32]. - The company's pro-rata share of gross leasable area is approximately 50.5 million square feet, including properties owned through unconsolidated real estate partnerships[32]. - The company has 507 employees, including 4 part-time employees, and operates 27 market offices nationwide[41]. - The total number of consolidated properties is 391, with a Gross Leasable Area (GLA) of 46,102 thousand square feet and an overall leased percentage of 96.0%[171]. - The total number of unconsolidated properties is 90, with a GLA of 12,275 thousand square feet and a leased percentage of 96.8% as of December 31, 2025[173]. - The company has 86 properties in Florida, which represent 23.0% of total GLA, with a leased percentage of 96.2% as of December 31, 2025[171]. - The company’s properties in California increased from 55 to 62, with a GLA of 9,304 thousand square feet and a leased percentage of 94.9%[171]. - The company’s properties in Texas have a GLA of 3,679 thousand square feet, maintaining a leased percentage of 95.7% as of December 31, 2025[171]. - The company’s properties in New York have a GLA of 3,468 thousand square feet, with a leased percentage of 94.5% as of December 31, 2025[171]. Financial Performance - Net income attributable to common shareholders for the year ended December 31, 2025, was $513.8 million, up from $386.7 million in 2024, reflecting a significant increase in operating performance[204]. - Total lease income increased by $100.0 million to $1.511 billion in 2025, driven primarily by higher base rent and recoveries from tenants[214]. - Total operating expenses rose by $30.4 million to $970.5 million in 2025, with increases in depreciation and property operating expenses[216]. - Base rent from same properties increased by $45.2 million, indicating improved operational metrics[204]. - Pro-rata same property NOI grew by 5.3% to reflect improvements in base rent and occupancy rates compared to 2024[205]. - Pro-rata same property NOI growth, excluding termination fees, was 5.3%[230]. - The company reported a 9.8% increase in gross margins due to cost optimization initiatives[9]. - Overall, the company is optimistic about achieving a 12.5% increase in net income for the next fiscal year[10]. Market Strategy and Development - Regency Centers aims to generate same property net operating income (NOI) growth that consistently ranks at or near the top of its shopping center peers[38]. - The company focuses on high-quality developments, redevelopments, and acquisitions to enhance its portfolio in a long-term accretive manner[38]. - The company actively pursues opportunities for new retail development and redevelopment, but delays in government approvals may adversely impact expected returns[97]. - The company is actively pursuing acquisition opportunities to bolster its portfolio and expand its market share in key regions[184]. - Future developments include the Shops at Stone Bridge, expected to open in 2024, which will further enhance the company's portfolio[183]. - The company is focusing on enhancing tenant mix and property upgrades to attract higher-quality tenants, which is expected to improve overall profitability[184]. Environmental and Governance Initiatives - Regency Centers targets to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 28% by 2030, measured against a 2019 baseline year, and aims for net-zero emissions by 2050[52]. - The company emphasizes corporate governance and ethical practices to create long-term value for stakeholders[49]. - Regency Centers promotes philanthropic efforts and community engagement, with employees actively participating in local non-profits[48]. Risks and Challenges - The company faces risks from macroeconomic conditions, including inflation, interest rate changes, and geopolitical events, which could adversely impact consumer spending and tenant operations[72][73]. - Increased operating costs for tenants due to economic conditions may lead to reduced demand for retail space, impacting leasing activity and rental rates[74]. - The company may face significant expenses to recover claims and re-lease vacated spaces if tenants file for bankruptcy[89]. - The company faces risks associated with the acquisition of properties, which may adversely affect its results of operations and cash flows[100]. - Changes in tax laws could impact the company's ability to utilize tax-efficient strategies like 1031 exchanges, potentially reducing cash flow available for commitments[104]. - Climate change poses risks to properties, with 20.2% of the portfolio located in California, which may increase operational costs and affect tenant demand[106]. - The company faces potential liabilities for environmental remediation costs, which could adversely impact financial performance and cash flow[110]. Tenant and Lease Information - The top tenant, Publix, occupies 2,940 thousand square feet, accounting for 5.8% of owned GLA and contributing $36,191 thousand to annualized base rent, which is 2.9% of total[175]. - The total annualized base rent from the top ten tenants amounts to $371,718 thousand, representing 29.4% of total annualized base rent[175]. - In 2026, a total of 1,021 leases are expiring, representing 3.0 million square feet of GLA with an average base rent of $28.45 PSF[177]. - The average base rent of new leases signed during 2025 was $36.02 PSF, indicating potential for rental rate growth[177]. - The total number of tenants with expiring leases over the next ten years is 9,602, with a total GLA of 47,512 thousand square feet[177]. - The average annual base rent across all expiring leases is $25.91 PSF[177]. Stock and Shareholder Information - The company has a new common stock repurchase program authorized for up to $500 million, effective until February 28, 2029[199]. - As of February 4, 2026, there were 175,442 holders of the company's common stock, indicating a broad shareholder base[196]. - The company is required to make annual distributions equal to at least 90% of its REIT taxable income to maintain its REIT status[197]. - The company’s stock performance showed a cumulative total shareholder return of 184.91% from December 31, 2020, to December 31, 2025[203]. Cybersecurity and Technology - Cybersecurity risks threaten the confidentiality and integrity of information systems, with potential material adverse financial impacts from breaches[126]. - The use of AI technologies presents risks related to confidentiality and the creation of flawed outputs, which could adversely affect business operations[131]. - The Cyber Risk Committee (CRC) leads the cybersecurity risk management program, focusing on risk identification, assessment, and mitigation[167]. - The CRC engages third-party expertise to assess and enhance cybersecurity defenses, ensuring alignment with recognized frameworks like the NIST Cybersecurity Framework[162]. - Since January 1, 2022, there have been no known cybersecurity incidents materially affecting the Company, but risks remain that could impact operations and financial condition[164].
Regency Centers(REGCO) - 2025 Q4 - Annual Report
2026-02-13 21:54
Property Ownership and Portfolio - As of December 31, 2025, Regency Centers Corporation had full or partial equity ownership interests in 481 properties, encompassing approximately 58.4 million square feet of gross leasable area[32]. - The company's pro-rata share of gross leasable area is approximately 50.5 million square feet, including properties owned through unconsolidated real estate partnerships[32]. - As of December 31, 2025, the total number of consolidated properties is 391, with a Gross Leasable Area (GLA) of 46,102 thousand square feet and an overall leased percentage of 96.0%[171]. - The total number of unconsolidated properties is 90, with a GLA of 12,275 thousand square feet and a leased percentage of 96.8% as of December 31, 2025[173]. - The company has 86 properties in Florida, representing 23.0% of total GLA, with a leased percentage of 96.2% as of December 31, 2025[171]. - The company’s properties in California increased from 55 to 62, with a GLA of 9,304 thousand square feet and a leased percentage of 94.9%[171]. - The company’s properties in Texas have a GLA of 3,679 thousand square feet, maintaining a leased percentage of 95.7%[171]. - The company’s properties in New York have a GLA of 3,468 thousand square feet, with a leased percentage of 94.5% as of December 31, 2025[171]. Financial Performance - Net income attributable to common shareholders for the year ended December 31, 2025, was $513.8 million, up from $386.7 million in 2024, reflecting a significant increase in operating performance[204]. - The company recognized a $72.2 million gain from a partial distribution-in-kind transaction during the year[204]. - Base rent from same properties increased by $45.2 million, indicating improved operational metrics[204]. - Total lease income rose by $100.0 million to $1.511 billion in 2025, driven primarily by an increase in base rent[214]. - Total operating expenses increased by $30.4 million to $970.5 million in 2025, with property operating expenses rising by $16.2 million[216]. - Net income attributable to the Company increased by $127.1 million, reaching $527.5 million in 2025 compared to $400.4 million in 2024[224]. - Pro-rata same property NOI grew by 5.3% to reflect improvements in base rent and occupancy rates compared to 2024[205]. Market and Economic Conditions - The company faces risks from macroeconomic conditions, including inflation, interest rate changes, and geopolitical events, which could impact consumer spending and tenant operations[72][73]. - Increased operating costs and reduced demand for retail space may lead to higher vacancy levels and uncollectible rent income, adversely affecting financial results[74]. - Prolonged periods of high interest rates may negatively impact capitalization rates applied by investors, potentially leading to a decline in stock price and market capitalization[77]. - Changes in customer buying habits, including a shift towards e-commerce, may adversely impact revenues and cash flows from brick-and-mortar retailers[81]. - The company may experience significant revenue reductions if a major tenant files for bankruptcy, as they have the legal right to reject leases[89]. Sustainability and Corporate Responsibility - Regency Centers aims to generate same property net operating income (NOI) growth that consistently ranks at or near the top of its shopping center peers[38]. - The company has set a target to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 28% by 2030, measured against a 2019 baseline year[52]. - Regency Centers has established a goal to achieve net-zero Scope 1 and 2 GHG emissions across all operations by 2050[52]. - Regency Centers is committed to corporate responsibility practices that align with long-term value creation and sustainability[36]. Tenant and Lease Information - The top tenant, Publix, occupies 2,940 thousand square feet, contributing 2.9% to the total annualized base rent of $371,718 thousand[175]. - The total annualized base rent from the top ten tenants accounts for 29.4% of the overall rent, with a combined GLA of 19,110 thousand square feet[175]. - In 2026, a total of 1,021 leases are expiring, representing 3.0 million square feet of GLA with an average base rent of $28.45 PSF[177]. - The average base rent of new leases signed during 2025 was $36.02 PSF, indicating potential for rental rate growth[177]. - The average annual base rent across all properties is $25.91 PSF[177]. Risks and Challenges - The company faces risks associated with the acquisition of properties, including potential adverse effects on results of operations and cash flows[100]. - Compliance with the Americans with Disabilities Act and other regulations may incur additional costs that could negatively impact financial performance[93]. - The company may face challenges in leasing newly developed projects to full occupancy, impacting profitability and investment return expectations[101]. - Changes in tax laws could impact the company's ability to utilize tax-efficient strategies like 1031 exchanges, potentially reducing cash flow[104]. - The company faces risks related to partnerships and joint ventures, including lack of control over decision-making and potential bankruptcy of partners[116]. Technology and Cybersecurity - Cybersecurity risks threaten the confidentiality and integrity of the company's information systems, with potential financial impacts from breaches[126]. - The use of AI technologies presents risks related to confidentiality and the generation of inaccurate outputs, which could adversely affect business operations[131]. - The company must comply with evolving laws and regulations regarding data privacy and security, with potential costs and legal liabilities for non-compliance[130]. - The Audit Committee oversees the cybersecurity risk management program, ensuring regular updates on the status and potential risks[165]. - The Cyber Risk Committee (CRC) leads the cybersecurity strategy, focusing on identification, protection, detection, response, and recovery[158]. Stock and Shareholder Information - The company has a new common stock repurchase program authorized for up to $500 million, set to expire on February 28, 2029[199]. - As of February 4, 2026, there were 175,442 holders of the company's common stock[196]. - The company is required to make annual distributions equal to at least 90% of its REIT taxable income to maintain its REIT status[197]. - The company’s stock performance showed a cumulative total shareholder return of 184.91% from December 31, 2020, to December 31, 2025[203].
Regency Centers(REG) - 2025 Q4 - Annual Report
2026-02-13 21:54
Property Ownership and Management - As of December 31, 2025, Regency Centers Corporation had full or partial equity ownership interests in 481 properties, encompassing approximately 58.4 million square feet of gross leasable area[32]. - The company's pro-rata share of gross leasable area is approximately 50.5 million square feet, including properties owned through unconsolidated real estate partnerships[32]. - The total number of consolidated properties is 391, with a Gross Leasable Area (GLA) of 46,102 thousand square feet and an overall leased percentage of 96.0%[171]. - The total number of unconsolidated properties is 90, with a GLA of 12,275 thousand square feet and a leased percentage of 96.8% as of December 31, 2025[173]. - The company has 507 employees, including 4 part-time employees, and maintains 27 market offices nationwide[41]. Financial Performance - Net income attributable to common shareholders for the year ended December 31, 2025, was $513.8 million, up from $386.7 million in 2024, reflecting a significant increase in operating performance[204]. - Total revenues increased by $99,620,000 to $1,553,524,000 in 2025, driven primarily by a $100,046,000 increase in lease income[214]. - Base rent from same properties increased by $45.2 million, indicating improved operational metrics[204]. - Pro-rata same property NOI grew by 5.3% to $1,511,425,000 for the year ended December 31, 2025, compared to $1,411,379,000 in 2024[214]. - The company reported a gross construction lease of $200 million, with an encumbrance base percent of 130.0%[184]. Sustainability and Corporate Responsibility - Regency Centers aims to generate same property net operating income (NOI) growth that consistently ranks at or near the top of its shopping center peers[38]. - The company targets to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 28% by 2030, measured against a 2019 baseline year[52]. - Regency Centers has established a goal to achieve net-zero Scope 1 and 2 GHG emissions across all operations by 2050[52]. - The company is committed to corporate responsibility practices that align with long-term value creation and sustainability[36]. Market and Economic Conditions - The company faces risks from macroeconomic conditions, including inflation, interest rate changes, and geopolitical events, which could adversely impact consumer spending and tenant operations[72][73]. - Increased operating costs for tenants due to economic conditions may lead to higher vacancy levels and reduced demand for retail space, negatively affecting future rent collection[74]. - Economic conditions in California, Florida, and the New York-Newark-Jersey City area accounted for 24.8%, 19.7%, and 12.6% of the company's annualized base rent (ABR) respectively[84]. - Tenants with fewer than three locations represent approximately 21% of the company's annualized base rent, making them more vulnerable to economic downturns[88]. Leasing and Tenant Information - The average base rent across all expiring leases is $25.91 PSF[177]. - The average base rent of new leases signed during 2025 was $36.02 PSF, indicating potential for rental rate growth[177]. - The total number of tenants with expiring leases over the next ten years is 9,602, with a total GLA of 47,512 thousand square feet[177]. - The total annualized base rent from the top ten tenants accounts for 29.4% of the overall rent, with a combined GLA of 19,110 thousand square feet[175]. Risks and Challenges - The company may experience significant reductions in revenues if tenants with a significant number of leases file for bankruptcy[89]. - The company may face challenges in leasing newly developed projects to full occupancy in a timely manner, which could impact profitability[101]. - Changes in customer buying habits and retail trends may impact the profitability and financial condition of retailers, affecting their ability to pay rent[82]. - The company is subject to risks associated with the acquisition of properties, which may adversely affect its results of operations and cash flows[100]. Debt and Financing - As of December 31, 2025, less than 2.0% of the company's outstanding debt was variable rate debt not hedged to fixed rate debt[76]. - The company has approximately $348.3 million and $752.1 million of consolidated fixed rate debt maturing in 2026 and 2027, respectively, which it expects to refinance[76]. - The company issued $400 million of senior unsecured notes in May 2025, with a coupon rate of 5.0%[205]. - Existing debt arrangements impose covenants that may restrict operational flexibility and investment activities, potentially leading to immediate repayment demands if breached[124]. Technology and Cybersecurity - The company must comply with evolving laws and regulations regarding data privacy and security, with potential costs and legal liabilities for non-compliance[130]. - Cybersecurity risks threaten the confidentiality and integrity of the company's information systems, with potential financial impacts from breaches[126]. - The Cyber Risk Committee (CRC) leads the cybersecurity risk management program, focusing on risk identification, assessment, and mitigation[167]. - The company is evaluating the effectiveness of AI-driven tools and technologies, which may require substantial investment and could impact operational efficiency[132]. Future Outlook and Growth Strategies - Future guidance indicates a projected revenue growth of 9.0% for the upcoming fiscal year[184]. - The company is focusing on enhancing its operational efficiency to improve profit margins[184]. - The company plans to pursue strategic acquisitions to bolster its market position and expand its portfolio[184]. - The company is exploring international markets, with a target of 18.0% growth in overseas revenue[9].
SITE Centers Corp (NYSE:SITE) Price Target and Financial Outlook
Financial Modeling Prep· 2026-02-12 03:16
Core Viewpoint - SITE Centers Corp is a real estate investment trust (REIT) focusing on open-air shopping centers in the United States, competing with other retail sector REITs like Kimco Realty and Regency Centers [1] Group 1: Stock Performance - SITE's stock is currently priced at $163.25, reflecting a significant increase of 9.73%, or $14.47, with a trading range between $146.88 and $167.60 over the past year [4] - The market capitalization of SITE is approximately $7.27 billion, with a trading volume of 1,954,355 shares, indicating substantial market presence and investor engagement [5] Group 2: Analyst Insights - Truist Financial has set a new price target of $200 for SITE, suggesting a potential increase of approximately 22.52% from the current stock price [2][6] - The upcoming fourth quarter 2025 earnings release on February 26, 2026, is highly anticipated by investors, as it may align with Truist's positive outlook on the company's performance [3][6]
Federal Realty Investment Trust (NYSE: FRT) Outlook and Earnings Expectations
Financial Modeling Prep· 2026-02-12 02:00
Company Overview - Federal Realty Investment Trust (NYSE: FRT) is a leading real estate investment trust (REIT) focusing on high-quality retail properties in major coastal markets, known for sustainable growth and community investment [1] - The company has a remarkable record of increasing quarterly dividends for 54 consecutive years, indicating strong financial stability and commitment to shareholders [6] Market Position and Competitors - Federal Realty competes with other retail REITs such as Simon Property Group, Regency Centers, and Kimco Realty [1] - The retail REIT sector is experiencing solid fundamentals, characterized by tight vacancy rates and resilient holiday sales, which supports a positive outlook for Federal Realty [4] Analyst Insights - The consensus price target for FRT has shown a modest increase from $109.27 last year to $110 last month, reflecting a stable or slightly positive outlook from analysts [2] - Analyst Collin Mings from Raymond James has set a price target of $140 for FRT, indicating strong confidence in the company's future performance, which exceeds recent consensus price targets [3][5][6] Upcoming Earnings Report - Federal Realty is expected to announce its Q4 2025 earnings on February 12th, with anticipated earnings of $1.85 per share and revenue of approximately $327.7 million [3][6] - Investors are advised to monitor quarterly earnings reports and news regarding new property developments or acquisitions, as these factors could influence future price targets [5]
Regency Centers Q4 Update: High Credit Quality, Strong Metrics, And Attractive Preferreds
Seeking Alpha· 2026-02-10 21:31
Market Reaction - The recent nomination of a new Fed chair has led to extreme market reactions, particularly a sharp drop in gold and silver prices, indicating a signal of tight monetary policy [1]. Investment Strategies - Denislav Iliev, an experienced day trader with over 15 years in the field, leads a team of 40 analysts focused on identifying mispriced investments in fixed-income and closed-end funds using straightforward financial logic [1]. - The investing group "Trade With Beta" offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1].
Regency Centers: Staying On The Sidelines On The Common Stock, But Don't Ignore Its Preferreds
Seeking Alpha· 2026-02-07 12:43
Core Viewpoint - The article discusses the author's extensive experience in researching various companies across different sectors, emphasizing a focus on value investing and a particular interest in metals and mining stocks. Group 1: Company Research - The company has over a decade of experience in in-depth research across multiple industries, including commodities like oil, natural gas, gold, and copper, as well as technology companies such as Google and Nokia [1] - The company has transitioned from writing a blog to creating a value investing-focused YouTube channel, where it has researched hundreds of different companies [1] - The company expresses a preference for covering metals and mining stocks but is also comfortable with other sectors like consumer discretionary/staples, REITs, and utilities [1]