Regency Centers (REG)

• Market cap: $13.1B
• 1 day: 0.46%
• 5 days: 0.57%
• 1 month: -2.14%
• 3 months: 0.31%
• 6 months: -0.72%
• Year to date: -0.04%
• 1 year: 21.88%
• 5 years: 64.38%
• 10 years: 14.97%
• Sector: Real Estate
• Industry: Retail REIT

About: Regency Centers is one of the largest shopping center-focused retail REITs. The company's portfolio includes an interest in 482 properties, which includes over 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.

Employees: 500

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

266% more call options, than puts

Call options by funds: $5.98M | Put options by funds: $1.63M

100% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]

17% more capital invested

Capital invested by funds: $11.6B [Q3] → $13.5B (+$1.98B) [Q4]

15% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 65

13% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 163

12.71% more ownership

Funds ownership: 88.23% [Q3] → 100.94% (+12.71%) [Q4]

1% more funds holding

Funds holding: 475 [Q3] → 482 (+7) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $76 5% upside
• Avg. target: $78 7% upside
• High target: $79 9% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Scotiabank Nicholas Yulico 37% 1-year accuracy 16 / 43 met price target	5% upside $76	Sector Perform Maintained	23 Apr 2025
Wells Fargo Dori Kesten 19% 1-year accuracy 6 / 32 met price target	9% upside $79	Overweight Maintained	26 Mar 2025