Bullish indicating open at $55-$60, IPO prices at $37
Investing.com - KeyBanc has reiterated its Overweight rating and $84.00 price target on Regency Centers (NASDAQ:REG), citing the company’s strong growth outlook. According to InvestingPro data, the company currently trades at a P/E ratio of 33.5x and offers a 3.92% dividend yield, having maintained dividend payments for 32 consecutive years.
The firm highlighted that Regency Centers’ high-quality, grocery-anchored shopping center portfolio continues to deliver better-than-expected same-center and FFO growth.
While same-store net operating income growth is expected to moderate from the second quarter’s 7.4% increase, KeyBanc noted potential for continued upside in the second half of 2025 and into 2026, building on the quarter’s base rent growth of 4.5% year-over-year.
The research firm pointed to accretive acquisitions, contributions from redevelopment activity, and strong balance sheet management as factors providing support for the company’s performance.
KeyBanc maintained its Overweight rating on Regency Centers stock, indicating the firm’s positive outlook on the real estate investment trust’s position in the market.
In other recent news, Regency Centers Corporation announced its second-quarter 2025 earnings, reporting an earnings per share (EPS) of $0.54, which was slightly below the forecasted $0.55. The company also reported revenue of $370.02 million, falling short of expectations set at $378.18 million. Despite these misses, Regency Centers raised its full-year guidance, indicating confidence in its future performance. This development seemed to resonate positively with investors. The company’s operational performance during the quarter was noted as strong. Analyst reactions to the earnings report have yet to be detailed in the available context. Regency Centers’ recent earnings report and guidance adjustment are important factors for investors to consider. These developments are part of the company’s ongoing efforts to navigate the current economic landscape.
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