Regency Centers (REG) Set to Announce Earnings on Wednesday

Regency Centers (NYSE:REG) is scheduled to release its earnings data after the market closes on Wednesday, February 13th. Analysts expect Regency Centers to post earnings of $0.95 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Shares of NYSE REG opened at $66.27 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.87 and a quick ratio of 0.87. Regency Centers has a 1-year low of $54.87 and a 1-year high of $66.86. The firm has a market cap of $11.14 billion, a P/E ratio of 17.96, a P/E/G ratio of 2.50 and a beta of 0.37.

Several brokerages recently weighed in on REG. Zacks Investment Research raised Regency Centers from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a report on Tuesday, January 29th. SunTrust Banks reissued a “buy” rating and issued a $69.00 target price on shares of Regency Centers in a report on Monday, November 19th. Scotiabank initiated coverage on Regency Centers in a report on Tuesday, October 16th. They issued a “sector perform” rating for the company. Jefferies Financial Group reissued a “hold” rating and issued a $66.00 target price on shares of Regency Centers in a report on Monday, December 17th. Finally, Barclays raised Regency Centers from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $63.00 to $69.00 in a report on Monday, February 4th. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $69.03.



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About Regency Centers

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.

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Earnings History for Regency Centers (NYSE:REG)

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