Somewhat Positive Press Coverage Somewhat Unlikely to Affect Regency Centers Corporation (REG) Stock Price

News articles about Regency Centers Corporation (NYSE:REG) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Regency Centers Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 47.2417033527606 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment’s analysis:

Several research firms recently commented on REG. TheStreet upgraded Regency Centers Corporation from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Citigroup Inc. set a $70.00 price objective on Regency Centers Corporation and gave the company a “hold” rating in a research note on Monday, August 14th. Boenning Scattergood restated a “hold” rating on shares of Regency Centers Corporation in a research note on Monday, August 7th. BidaskClub upgraded Regency Centers Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Finally, Zacks Investment Research cut Regency Centers Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Seven investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $70.86.

Regency Centers Corporation (REG) traded down $0.21 during trading hours on Tuesday, hitting $67.19. The stock had a trading volume of 818,600 shares, compared to its average volume of 1,174,787. The company has a market capitalization of $11,440.00, a price-to-earnings ratio of 18.52, a PEG ratio of 2.25 and a beta of 0.55. Regency Centers Corporation has a 52 week low of $58.63 and a 52 week high of $72.05. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.63 and a quick ratio of 0.63.

Regency Centers Corporation (NYSE:REG) last posted its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.91 by $0.04. The company had revenue of $262.14 million during the quarter, compared to analyst estimates of $254.04 million. Regency Centers Corporation had a return on equity of 2.82% and a net margin of 17.59%. During the same period in the prior year, the company earned $0.81 earnings per share. sell-side analysts forecast that Regency Centers Corporation will post 3.68 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Tuesday, November 14th. Regency Centers Corporation’s dividend payout ratio (DPR) is presently 235.56%.

In related news, Director Mary Lou Fiala sold 7,775 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $65.74, for a total value of $511,128.50. Following the completion of the transaction, the director now directly owns 17,145 shares of the company’s stock, valued at approximately $1,127,112.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Chaim Katzman sold 1,055,758 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $64.30, for a total value of $67,885,239.40. The disclosure for this sale can be found here. Insiders have sold 1,068,033 shares of company stock valued at $68,404,918 over the last ninety days. Corporate insiders own 12.66% of the company’s stock.

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About Regency Centers Corporation

Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership.

Insider Buying and Selling by Quarter for Regency Centers Corporation (NYSE:REG)

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