Upcoming Dividend • Jun 05
Upcoming dividend of US$0.76 per share Eligible shareholders must have bought the stock before 12 June 2026. Payment date: 02 July 2026. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (6.6%). Declared Dividend • May 10
First quarter dividend of US$0.76 announced Shareholders will receive a dividend of US$0.76. Ex-date: 12th June 2026 Payment date: 2nd July 2026 Dividend yield will be 3.8%, which is lower than the industry average of 4.7%. Ankündigung • May 08
Regency Centers Corporation announces Quarterly dividend, payable on July 02, 2026 Regency Centers Corporation announced Quarterly dividend of USD 0.7550 per share payable on July 02, 2026, ex-date on June 12, 2026 and record date on June 12, 2026. Recent Insider Transactions • May 07
Key Executive recently sold US$22m worth of stock On the 4th of May, Martin Stein sold around 275k shares on-market at roughly US$78.40 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Martin has been a net seller over the last 12 months, reducing personal holdings by US$36m. Ankündigung • May 02
Regency Centers Corporation Revises Earnings Guidance for the Full Year 2026 Regency Centers Corporation revised earnings guidance for the full year 2026. For the year, the company expects net income attributable to common shareholders per diluted share of $2.45 - $2.49 compared to previous guidance of $2.35 - $2.39. Reported Earnings • May 01
First quarter 2026 earnings released: FFO per share: US$1.2 (vs US$1.16 in 1Q 2025) First quarter 2026 results: FFO per share: US$1.2 (up from US$1.16 in 1Q 2025). Revenue: US$434.8m (up 10.0% from 1Q 2025). Funds from operations (FFO): US$224.3m (up 6.4% from 1Q 2025). FFO margin: 52% (down from 53% in 1Q 2025). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.5% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Buy Or Sell Opportunity • Apr 21
Now 21% undervalued Over the last 90 days, the stock has risen 14% to US$80.35. The fair value is estimated to be US$101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period. Ankündigung • Apr 11
Regency Centers Corporation has filed a Follow-on Equity Offering in the amount of $7.7 million. Regency Centers Corporation has filed a Follow-on Equity Offering in the amount of $7.7 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 100,000
Price\Range: $77
Transaction Features: Dividend Reinvestment Plan Ankündigung • Mar 31
Regency Centers Corporation to Report Q1, 2026 Results on Apr 29, 2026 Regency Centers Corporation announced that they will report Q1, 2026 results After-Market on Apr 29, 2026 Ankündigung • Mar 26
Regency Centers Corporation, Annual General Meeting, May 06, 2026 Regency Centers Corporation, Annual General Meeting, May 06, 2026. Ankündigung • Mar 23
Regency Centers Corporation(NasdaqGS:REG) dropped from FTSE All-World Index (USD) Regency Centers Corporation(NasdaqGS:REG) dropped from FTSE All-World Index (USD) Upcoming Dividend • Mar 04
Upcoming dividend of US$0.76 per share Eligible shareholders must have bought the stock before 11 March 2026. Payment date: 01 April 2026. Trailing yield: 3.8%. Lower than top quartile of British dividend payers (5.2%). Lower than average of industry peers (6.2%). Recent Insider Transactions • Mar 01
Key Executive recently sold US$763k worth of stock On the 20th of February, Martin Stein sold around 10k shares on-market at roughly US$76.30 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.0m. Martin has been a net seller over the last 12 months, reducing personal holdings by US$5.5m. Recent Insider Transactions • Feb 12
President recently sold US$2.0m worth of stock On the 10th of February, Lisa Palmer sold around 26k shares on-market at roughly US$76.75 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Lisa has been a net seller over the last 12 months, reducing personal holdings by US$3.8m. Declared Dividend • Feb 08
Fourth quarter dividend of US$0.76 announced Shareholders will receive a dividend of US$0.76. Ex-date: 11th March 2026 Payment date: 1st April 2026 Dividend yield will be 3.9%, which is lower than the industry average of 4.7%. Reported Earnings • Feb 08
Full year 2025 earnings released: FFO per share: US$4.7 (vs US$4.33 in FY 2024) Full year 2025 results: FFO per share: US$4.7 (up from US$4.33 in FY 2024). Revenue: US$1.69b (up 12% from FY 2024). Funds from operations (FFO): US$855.7m (up 8.2% from FY 2024). FFO margin: 51% (down from 53% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Ankündigung • Feb 07
Regency Centers Corporation Announces Retirement of Director C. Ronald Blankenship Following 2026 Annual Meeting of Shareholders Regency Centers Corporation announced that on February 4, 2026, C. Ronald Blankenship notified the Company of his intention to not stand for re-election and to retire from the Company's Board of Directors. His retirement from the Board will be effective upon expiration of his current term, which will be immediately following the Company's 2026 Annual Meeting of Shareholders. Ankündigung • Jan 07
Regency Centers Corporation to Report Q4, 2025 Results on Feb 05, 2026 Regency Centers Corporation announced that they will report Q4, 2025 results After-Market on Feb 05, 2026 Ankündigung • Dec 17
Regency Centers Corporation Elects Mark J. Parrell to Board of Directors, Effective January 1, 2026 Regency Centers Corporation announced the election of Mark J. Parrell to its Board of Directors (the “Board”), effective January 1, 2026. With the addition of Mr. Parrell as an independent director, Regency will expand the size of its Board to twelve directors. Mr. Parrell currently serves as President, Chief Executive Officer, and member of the Board of Trustees of Equity Residential, a position he has held since January 2019. Previously, he served as Executive Vice President and Chief Financial Officer from 2007 to 2018 and has also held a number of senior finance roles since joining the company in 1999. He has also served on the Boards of T. Rowe Price Funds, Brookdale Senior Living Inc. and Aviv REIT Inc. Mr. Parrell is active as a leader in industry groups, including the Real Estate Roundtable and Nareit, and in community organizations in the Chicago area. He holds a B.B.A. from the University of Michigan and a J.D. from Georgetown University Law Center. Upcoming Dividend • Dec 08
Upcoming dividend of US$0.76 per share Eligible shareholders must have bought the stock before 15 December 2025. Payment date: 06 January 2026. Trailing yield: 4.4%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (6.5%). Recent Insider Transactions • Nov 15
Key Executive recently sold US$1.1m worth of stock On the 10th of November, Martin Stein sold around 15k shares on-market at roughly US$70.02 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Martin has been a net seller over the last 12 months, reducing personal holdings by US$6.5m. Declared Dividend • Oct 31
Third quarter dividend increased to US$0.76 Dividend of US$0.76 is 7.1% higher than last year. Ex-date: 15th December 2025 Payment date: 6th January 2026 Dividend yield will be 4.1%, which is lower than the industry average of 4.7%. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: US$0.58 (vs US$0.54 in 3Q 2024) Third quarter 2025 results: EPS: US$0.58 (up from US$0.54 in 3Q 2024). Revenue: US$387.6m (up 3.7% from 3Q 2024). Net income: US$106.0m (up 8.1% from 3Q 2024). Profit margin: 27% (up from 26% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.6% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Ankündigung • Oct 01
Regency Centers Corporation to Report Q3, 2025 Results on Oct 28, 2025 Regency Centers Corporation announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Upcoming Dividend • Sep 04
Upcoming dividend of US$0.70 per share Eligible shareholders must have bought the stock before 11 September 2025. Payment date: 02 October 2025. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (5.4%). Declared Dividend • Aug 10
Second quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 11th September 2025 Payment date: 2nd October 2025 Dividend yield will be 3.9%, which is lower than the industry average of 4.7%. Ankündigung • Aug 06
Regency Centers Corporation Declares Quarterly Cash Dividend on common stock, Payable on October 2, 2025 On August 5, 2025, the Board of Regency Centers Corporation declared a quarterly cash dividend on the Company’s common stock of $0.705 per share. The dividend is payable on October 2, 2025, to shareholders of record as of September 11, 2025. Reported Earnings • Jul 30
Second quarter 2025 earnings released: EPS: US$0.57 (vs US$0.54 in 2Q 2024) Second quarter 2025 results: EPS: US$0.57 (up from US$0.54 in 2Q 2024). Revenue: US$380.8m (up 3.1% from 2Q 2024). Net income: US$102.6m (up 3.4% from 2Q 2024). Profit margin: 27% (in line with 2Q 2024). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.8% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Ankündigung • Jul 30
Regency Centers Corporation Increases Earnings Guidance for the Year 2025 Regency Centers Corporation provided earnings guidance for the year 2025. For the full year 2025, the company expects Net Income Attributable to Common Shareholders per diluted share to be in between $2.28 to $2.32 against previous guidance of $2.25 - $2.31 and Core Operating Earnings per diluted share to be in between $4.36 to $4.40 against previous guidance of $4.52 - $4.58. Ankündigung • Jul 02
Regency Centers Corporation to Report Q2, 2025 Results on Jul 29, 2025 Regency Centers Corporation announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Ankündigung • Jun 30
Regency Centers Corporation(NasdaqGS:REG) dropped from Russell 1000 Dynamic Index Regency Centers Corporation(NasdaqGS:REG) dropped from Russell 1000 Dynamic Index Upcoming Dividend • Jun 04
Upcoming dividend of US$0.70 per share Eligible shareholders must have bought the stock before 11 June 2025. Payment date: 02 July 2025. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (5.4%). Declared Dividend • May 11
First quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 11th June 2025 Payment date: 2nd July 2025 Dividend yield will be 3.9%, which is lower than the industry average of 4.7%. Ankündigung • May 08
Regency Centers Corporation Declares Quarterly Cash Dividend, Payable on July 2, 2025 On May 6, 2025, the Board of Regency Centers Corporation declared a quarterly cash dividend on the Company’s common stock of $0.705 per share. The dividend is payable on July 2, 2025, to shareholders of record as of June 11, 2025. Reported Earnings • May 01
First quarter 2025 earnings released: FFO per share: US$1.2 (vs US$1.11 in 1Q 2024) First quarter 2025 results: FFO per share: US$1.2 (up from US$1.11 in 1Q 2024). Revenue: US$395.4m (up 5.2% from 1Q 2024). Funds from operations (FFO): US$210.7m (up 5.4% from 1Q 2024). FFO margin: 53% (in line with 1Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.8% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Ankündigung • Apr 04
Regency Centers Corporation to Report Q1, 2025 Results on Apr 29, 2025 Regency Centers Corporation announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2025 Ankündigung • Mar 27
Regency Centers Corporation, Annual General Meeting, May 07, 2025 Regency Centers Corporation, Annual General Meeting, May 07, 2025. Recent Insider Transactions • Mar 17
Key Executive recently sold US$3.7m worth of stock On the 11th of March, Martin Stein sold around 50k shares on-market at roughly US$73.48 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Martin has been a net seller over the last 12 months, reducing personal holdings by US$7.2m. Buy Or Sell Opportunity • Mar 05
Now 21% undervalued Over the last 90 days, the stock has risen 2.8% to US$76.23. The fair value is estimated to be US$96.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has declined by 9.3%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period. Upcoming Dividend • Mar 05
Upcoming dividend of US$0.70 per share Eligible shareholders must have bought the stock before 12 March 2025. Payment date: 02 April 2025. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (5.7%). Recent Insider Transactions • Feb 21
President recently sold US$1.8m worth of stock On the 19th of February, Lisa Palmer sold around 25k shares on-market at roughly US$73.26 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lisa's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Feb 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to US$72.55. The fair value is estimated to be US$92.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has declined by 9.3%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period. Declared Dividend • Feb 17
Fourth quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 12th March 2025 Payment date: 2nd April 2025 Dividend yield will be 3.7%, which is lower than the industry average of 4.7%. Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: US$2.14 (vs US$2.04 in FY 2023) Full year 2024 results: EPS: US$2.14 (up from US$2.04 in FY 2023). Revenue: US$1.45b (up 6.1% from FY 2023). Net income: US$386.7m (up 7.6% from FY 2023). Profit margin: 27% (in line with FY 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 1.6% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Ankündigung • Feb 07
Regency Centers Corporation Provides Earnings Guidance for the Year 2025 Regency Centers Corporation provided earnings guidance for the year 2025. For the full year 2025, the company expects Net Income Attributable to Common Shareholders per diluted share to be in between $2.25 to $2.31 and
Core Operating Earnings per diluted share to be in between $4.30 to $4.36. Ankündigung • Jan 07
Regency Centers Corporation to Report Q4, 2024 Results on Feb 06, 2025 Regency Centers Corporation announced that they will report Q4, 2024 results on Feb 06, 2025 Declared Dividend • Nov 11
Third quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 16th December 2024 Payment date: 3rd January 2025 Dividend yield will be 3.7%, which is lower than the industry average of 4.7%. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: US$0.54 (vs US$0.50 in 3Q 2023) Third quarter 2024 results: EPS: US$0.54 (up from US$0.50 in 3Q 2023). Revenue: US$360.3m (up 5.0% from 3Q 2023). Net income: US$98.1m (up 10% from 3Q 2023). Profit margin: 27% (up from 26% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. Buy Or Sell Opportunity • Oct 22
Now 21% undervalued Over the last 90 days, the stock has risen 7.3% to US$71.51. The fair value is estimated to be US$90.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.2% in 2 years. Earnings are forecast to grow by 3.8% in the next 2 years. Ankündigung • Sep 27
Regency Centers Corporation to Report Q3, 2024 Results on Oct 28, 2024 Regency Centers Corporation announced that they will report Q3, 2024 results After-Market on Oct 28, 2024 Buy Or Sell Opportunity • Sep 06
Now 21% undervalued Over the last 90 days, the stock has risen 19% to US$72.65. The fair value is estimated to be US$91.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 5.0% per annum over the same time period. Upcoming Dividend • Sep 05
Upcoming dividend of US$0.67 per share Eligible shareholders must have bought the stock before 12 September 2024. Payment date: 03 October 2024. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (4.5%). Declared Dividend • Aug 11
Second quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 12th September 2024 Payment date: 3rd October 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.7%. Recent Insider Transactions • Aug 07
Key Executive recently sold US$1.8m worth of stock On the 2nd of August, Martin Stein sold around 25k shares on-market at roughly US$70.00 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Martin's only on-market trade for the last 12 months. Ankündigung • Aug 02
Regency Centers Corporation (NasdaqGS:REG) announces an Equity Buyback for $250 million worth of its shares. Regency Centers Corporation (NasdaqGS:REG) announces a share repurchase program. Under the program, the company will repurchase up to $250 million worth of common stock. The repurchase program is valid till July 30, 2026. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.54 (vs US$0.51 in 2Q 2023) Second quarter 2024 results: EPS: US$0.54 (up from US$0.51 in 2Q 2023). Revenue: US$357.3m (up 9.5% from 2Q 2023). Net income: US$99.3m (up 14% from 2Q 2023). Profit margin: 28% (up from 27% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Ankündigung • Aug 01
Regency Centers Corporation Announces Appointment of Gary E. Anderson to Board of Directors, Effective as of August 1, 2024 Regency Centers Corporation announced that its Board of Directors (the “Board”) has appointed Gary E. Anderson as its newest member, effective as of August 1, 2024. Mr. Anderson recently retired from Prologis Inc. With the addition of Mr. Anderson as an independent director, Regency will expand the size of its Board to twelve directors. Mr. Anderson served as Chief Operating Officer of Prologis from March 2019 to December 31, 2023 and retired from Prologis as a senior advisor to the company in June 2024. Prior to his role as Chief Operating Officer, Mr. Anderson was the Chief Executive Officer, Europe and Asia, from June 2011 until March 2019. Additionally, Mr. Anderson held various positions from August 1994 to June 2011, including head of the global fund business from March 2009 to June 2011 and President of European operations from November 2006 to March 2009. Mr. Anderson holds a Master of Business Administration in finance and real estate from the Anderson Graduate School of Management at the University of California at Los Angeles and a Bachelor of Arts in marketing from Washington State University. Buy Or Sell Opportunity • Jul 26
Now 22% undervalued Over the last 90 days, the stock has risen 8.8% to US$64.52. The fair value is estimated to be US$82.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 4.6% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Ankündigung • Jun 29
Regency Centers Corporation to Report Q2, 2024 Results on Aug 01, 2024 Regency Centers Corporation announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Upcoming Dividend • Jun 05
Upcoming dividend of US$0.67 per share Eligible shareholders must have bought the stock before 12 June 2024. Payment date: 03 July 2024. Trailing yield: 4.4%. Lower than top quartile of British dividend payers (5.6%). In line with average of industry peers (4.6%). Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director Kristin Campbell was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 13
First quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 12th June 2024 Payment date: 3rd July 2024 Dividend yield will be 4.5%, which is about the same as the industry average. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$0.58 (vs US$0.57 in 1Q 2023) First quarter 2024 results: EPS: US$0.58 (up from US$0.57 in 1Q 2023). Revenue: US$363.9m (up 10% from 1Q 2023). Net income: US$106.4m (up 9.3% from 1Q 2023). Profit margin: 29% (in line with 1Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • Mar 29
Regency Centers Corporation to Report Q1, 2024 Results on May 02, 2024 Regency Centers Corporation announced that they will report Q1, 2024 results After-Market on May 02, 2024 Ankündigung • Mar 21
Regency Centers Corporation, Annual General Meeting, May 01, 2024 Regency Centers Corporation, Annual General Meeting, May 01, 2024, at 08:00 US Eastern Standard Time. Agenda: To elect as directors the 11 nominees named in the attached proxy statement, to serve until the 2025 Annual Meeting of Shareholders and until their successors have been duly elected and qualified; to approve, in a non-binding vote, an advisory resolution approving the company’s executive compensation for fiscal year 2023; to ratify the appointment of KPMG LLP as the company’s independent registered public accounting firm for fiscal year 2024; and to transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Upcoming Dividend • Mar 05
Upcoming dividend of US$0.67 per share Eligible shareholders must have bought the stock before 12 March 2024. Payment date: 03 April 2024. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (4.9%). New Risk • Feb 23
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.8m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (26% net profit margin). Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Significant insider selling over the past 3 months (US$1.8m sold). Recent Insider Transactions • Feb 23
President recently sold US$1.5m worth of stock On the 21st of February, Lisa Palmer sold around 25k shares on-market at roughly US$61.22 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lisa's only on-market trade for the last 12 months. Declared Dividend • Feb 19
Fourth quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 12th March 2024 Payment date: 3rd April 2024 Dividend yield will be 4.3%, which is lower than the industry average of 4.7%. Reported Earnings • Feb 11
Full year 2023 earnings released: FFO per share: US$4.2 (vs US$4.13 in FY 2022) Full year 2023 results: FFO per share: US$4.2 (up from US$4.13 in FY 2022). Revenue: US$1.37b (up 8.0% from FY 2022). Funds from operations (FFO): US$736.1m (up 4.0% from FY 2022). FFO margin: 54% (down from 56% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Retail REITs industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 10
Regency Centers Corporation Provides Earnings Guidance for the Year 2024 Regency Centers Corporation provided earnings guidance for the year 2024. For the year, the company expects net income attributable to common stockholders per diluted share to be in the range of $1.87 to $1.93. Core operating earnings per diluted share to be in the range of $4.02 to $4.08. Buy Or Sell Opportunity • Feb 06
Now 21% undervalued Over the last 90 days, the stock has risen 1.5% to US$61.17. The fair value is estimated to be US$77.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period. Ankündigung • Jan 13
Regency Centers Corporation to Report Q4, 2023 Results on Feb 08, 2024 Regency Centers Corporation announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2024 Ankündigung • Jan 06
Regency Centers Corporation Announces Executive Changes Effective January 1, 2024, Alan T. Roth, the Regency Centers Corporation’s Executive Vice President, National Operations and East Region President, became its East Region President and Chief Operating Officer. Mr. Roth will continue to be responsible for operations strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in the Company’s Northeast and Southeast regions. Effective January 1, 2024, Nicholas A. Wibbenmeyer, the Company’s Executive Vice President, West Region President, became its West Region President and Chief Investment Officer. Mr. Wibbenmeyer will continue to be responsible for investment and development strategy and processes nationally, as well as overseeing execution of the operations and investment strategies in the Company’s West and Central regions. Mr. Roth, age 48, has been the Company’s Executive Vice President, National Operations and East Region President since January of 2023. Prior to this role, he served as Senior Managing Director, East Region, and Managing Director of the Northeast, Mid-Atlantic and Southeast Regions, respectively. Mr. Roth has also held various other leadership positions at the Company, including Senior Vice President and Senior Market Officer for the Mid-Atlantic and Northeast portfolio, and Vice President and Regional Officer. Mr. Roth joined the Company as a Leasing Agent in 1997 through the Company’s acquisition of Midland Development Group, and is a graduate of the Kelley School of Business at Indiana University. Mr. Wibbenmeyer, age 43, has been the Company’s Executive Vice President, West Region President since January of 2023. Prior to this role, he served as Senior Managing Director, West Region, and Managing Director of Florida and the Midwest Region, respectively. Mr. Wibbenmeyer has held various other leadership positions at the Company, including Senior Vice President and Senior Market Officer, Vice President and Market Officer, and Vice President of Investments. Mr. Wibbenmeyer joined the Company in 2005 as Manager of Investments for the Company’s Upper Midwest portfolio, and is a graduate of the University of Notre Dame. Upcoming Dividend • Dec 06
Upcoming dividend of US$0.67 per share at 4.2% yield Eligible shareholders must have bought the stock before 13 December 2023. Payment date: 03 January 2024. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (4.6%). Ankündigung • Nov 03
Regency Centers Corporation Revises Earnings Guidance for the Full Year 2023 Regency Centers Corporation revised earnings guidance for the full year 2023. For the period, the company revised net income attributable to common shareholders per diluted share to $2.02 - $2.04 from previous guidance of $2.05 - $2.09. New Risk • Nov 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Significant insider selling over the past 3 months (US$8.4m sold). Ankündigung • Oct 13
Regency Centers Corporation (NasdaqGS:REG) acquired Nohl Plaza in Orange County, California. Regency Centers Corporation (NasdaqGS:REG) acquired Nohl Plaza in Orange County, California on October 12, 2023.Regency Centers Corporation (NasdaqGS:REG) completed the acquisition of Nohl Plaza in Orange County, California on October 12, 2023. Ankündigung • Oct 01
Regency Centers Corporation to Report Q3, 2023 Results on Nov 02, 2023 Regency Centers Corporation announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Upcoming Dividend • Sep 06
Upcoming dividend of US$0.65 per share at 4.2% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 04 October 2023. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (5.1%). Ankündigung • Aug 19
Regency Centers Corporation (NasdaqGS:REG) completed the acquisition of Urstadt Biddle Properties Inc. (NYSE:UBA) from a group of shareholders. Regency Centers Corporation (NasdaqGS:REG) entered into definitive agreement to acquire Urstadt Biddle Properties Inc. (NYSE:UBA) from a group of shareholders for approximately $800 million on May 17, 2023. Under the terms of the agreement, Urstadt Biddle’s Class A Common and Common stockholders will receive 0.347 of a newly-issued REG share for each share they own. Upon closing, Regency and Urstadt Biddle shareholders will own approximately 93% and 7% of the combined company, respectively. The transaction is expected to be non-taxable to Urstadt Biddle shareholders. There are no anticipated changes to Regency’s executive management team or Board of Directors. In case of termination under certain circumstances, UBA will be required to pay Regency a termination fee of $31,600,000.The transaction is subject to the receipt of approval of Urstadt Biddle’s Class A Common and Common stockholders; the effectiveness of a registration statement on Form S-4 to register the issuance of Regency Common Stock, Regency Series A Preferred Stock and Regency Series B Preferred Stock in connection with the Mergers; the shares of Regency Common Stock, Regency Series A Preferred Stock and Regency Series B Preferred Stock to be issued in the Second Merger have been approved for listing on Nasdaq; satisfaction of other customary closing conditions. The respective Boards of Directors of both Regency and Urstadt Biddle have each approved the transaction. Regency, Willing L. Biddle, Catherine U. Biddle, Elinor F. Urstadt, Urstadt Property Company, Inc., Urstadt Realty Associates Co LP and Urstadt Realty Shares II L.P. collectively representing approximately 68% of the voting power of UBA, have agreed to vote in favor of any proposal to approve the Merger. The shareholders of Urstadt Biddle Properties approved the transaction at a Special Meeting of Stockholders held on August 16, 2023. The transaction is currently expected to close late in the third quarter or early in the fourth quarter of 2023. The transaction is expected to be immediately accretive to Core Operating Earnings Including approximately $9 million of annual cost savings benefit.RBC Capital Markets and Wells Fargo Securities are acting as financial advisors and Adam O. Emmerich and David K. Lam of Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Regency Centers. Eastdil Secured and Deutsche Bank are acting as financial advisors and David Bonser, Cristina Arumi, Lauren Clarke, Martha Steinman, Matthew Bowles and Stacey McEvoy Hogan Lovells US LLP is serving as legal advisor to Urstadt Biddle. Eastdil Secured Advisors LLC acted as fairness opinion provider to UBA. Urstadt Biddle has agreed to pay Eastdil Secured for its financial advisory services in connection with the mergers an aggregate fee currently estimated to be approximately $7 million, a portion of which was payable upon delivery of its opinion and approximately $6.25 million of which is contingent upon consummation of the mergers. Robert Katz and Adam Rachlis of Latham & Watkins LLP represented Eastdil Secured. The transfer agent for Regency common stock is Broadridge Corporate Issuer Solutions, Inc.Regency Centers Corporation (NasdaqGS:REG) completed the acquisition of Urstadt Biddle Properties Inc. (NYSE:UBA) from a group of shareholders on August 18, 2023. Recent Insider Transactions • Aug 11
Key Executive recently sold US$8.3m worth of stock On the 7th of August, Martin Stein sold around 125k shares on-market at roughly US$66.51 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Martin's only on-market trade for the last 12 months. Ankündigung • Aug 05
Regency Centers Corporation Declares Quarterly Cash Dividend, Payable on October 4, 2023 On August 1, 2023, Regency Centers Corporation’s board declared a quarterly cash dividend on the company’s common stock of $0.65 per share. The dividend is payable on October 4, 2023, to shareholders of record as of September 14, 2023. Ankündigung • Aug 04
Regency Centers Corporation Revises Earnings Guidance for the Year 2023 Regency Centers Corporation revised earnings guidance for the year 2023. For the year, the company expects revised net income attributable to common shareholders per diluted share to be in the range of $2.05 to $2.09 compared to previously expected net income attributable to common shareholders per diluted share to be in the range of $2.01 to $2.09. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.51 (vs US$0.61 in 2Q 2022) Second quarter 2023 results: EPS: US$0.51 (down from US$0.61 in 2Q 2022). Revenue: US$314.2m (down 3.6% from 2Q 2022). Net income: US$86.8m (down 17% from 2Q 2022). Profit margin: 28% (down from 32% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 01
Regency Centers Corporation to Report Q2, 2023 Results on Aug 03, 2023 Regency Centers Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2023 Buying Opportunity • Jun 24
Now 20% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be US$73.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 56%. Revenue is forecast to decline by 4.9% in a year. Earnings is forecast to decline by 7.2% in the next year. 