Regency Centers Corporation (REG) has experienced varied stock performance, with significant underperformance on certain days in comparison to competitors, but having strong trading days as well. The company continues its expansion particularly in the Northeast with the addition of Connecticut assets. Regency has also bought Indigo Square, with plans to develop a retail project, and completed the acquisition of Urstadt Biddle properties. Moreover, the firm seems to have a solid investment pipeline, as highlighted by the update on property transactions and was also able to meet Q1 FFO estimates. Nevertheless, it has missed Q3 FFO estimates but revised its '21 view upwards. Furthermore, the company has declared a quarterly cash dividend on preferred stock and is continuing to meet revenue expectations. Major moves by executives have been noted, with CEO Lisa Palmer selling over 25,000 shares and EVP Alan Roth also divesting some of his holdings. Regency Centers has been given an average rating of 'Moderate Buy' by analysts and is expected to post Q3 earnings soon.
Regency Centers Corporation REG News Analytics from Thu, 25 Jul 2013 07:00:00 GMT to Sun, 12 May 2024 12:25:19 GMT -
Rating 4
- Innovation -2
- Information 8
- Rumor -3
