Sohini Mondal
2 min read
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Valued at a market cap of $13 billion, Regency Centers Corporation (REG) is a leading publicly traded retail REIT. The company owns, operates, and develops high-quality shopping centers in affluent, densely populated suburban trade areas across the U.S.
Companies valued at $10 billion or more are generally considered "large-cap" stocks, and Regency Centers fits this criterion perfectly. Its portfolio features top-performing grocers, restaurants, service providers, and retailers that are deeply connected to their local communities.
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Shares of the Jacksonville, Florida-based company have declined 9.4% from its 52-week high of $78.18. REG stock has decreased 1.9% over the past three months, lagging behind the Nasdaq Composite’s ($NASX) 9.6% rise over the same time frame.
In the longer term, REG stock is down 4.2% on a YTD basis, underperforming NASX’s 3.7% gain. However, shares of the shopping center REIT have increased 15.5% over the past 52 weeks, slightly exceeding NASX’s over 13% return over the same time frame.
Yet, the stock has fallen below its 200-day moving average since late May.
Shares of Regency Centers rose marginally following its Q1 2025 results on Apr. 29. The company reported Nareit FFO of $1.15 per share, beating the consensus estimate and delivered a 4.3% year-over-year increase in Same Property NOI, with 1.4 million square feet of leases executed at an 8.1% blended cash rent spread. Additionally, occupancy remained strong at 96.5%, and Regency reaffirmed its full-year FFO guidance of $4.52 per share to $4.58 per share while highlighting its $499 million development pipeline.
In comparison, Regency Centers stock has outpaced its rival Simon Property Group, Inc. (SPG). SPG stock has risen 7.5% over the past 52 weeks and dipped 7.7% on a YTD basis.
Due to the stock’s outperformance over the past year, analysts remain bullish on REG. The stock has a consensus rating of “Strong Buy” from 17 analysts in coverage, and as of writing, REG is trading below the mean price target of $79.06.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
