Regency Centers is a leading REIT with $12.7B in assets, strong investment-grade credit ratings, and a diversified retail property portfolio. REG's preferred shares, particularly REGCP, offer a compelling yield of 6.61% to worst, outperforming peers in the REIT sector with similar credit ratings. Applying Moody's methodology, REG maintains an A3 credit rating, while its preferred shares are assigned a Baa2 rating, reflecting robust financial health.
Regency Centers is a fundamentally safe, well-diversified retail REIT with strong credit ratings and a solid dividend yield near 4%. REG's grocery-anchored portfolio, low leverage, and consistent dividend growth support its reputation for capital preservation and steady income. Valuation is the main concern: REG trades at a premium, and current prices do not offer the 15% annualized upside target, making it less attractive now.
Regency Centers reported solid Q3 results, raised FFO guidance, and increased its dividend, but shares remain flat and lack momentum. REG benefits from high-quality, grocery-anchored centers, strong leasing, and a healthy balance sheet supporting development and M&A activity. Occupancy and leasing gains have largely played out, with most growth now expected from lease rollovers and incremental rent increases.
Regency Centers (REG) came out with quarterly funds from operations (FFO) of $1.15 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $1.07 per share a year ago.
REG's premium portfolio of necessity-driven grocery-anchored shopping centers and strategic expansion augur well for growth.
REG owns over 480 shopping centers, 80% of which have grocery stores as anchor tenants. Total assets are approximately $12.73 billion. The company has an investment-grade rating, with low debt and good cost coverage. REG's preferred shares are trading below par and offer a yield of over 6.5%.
Regency Centers Corporation (NASDAQ:REG ) Q2 2025 Earnings Conference Call July 30, 2025 11:00 AM ET Company Participants Alan Todd Roth - COO & President of East Region Christy McElroy - Senior Vice President of Capital Markets Lisa Palmer - President, CEO & Non Independent Director Michael J. Mas - Executive VP & CFO Nicholas Andrew Wibbenmeyer - Chief Investment Officer & President of West Region Conference Call Participants Cooper R.
REG posts strong Q2 results with FFO and revenues beating estimates, driven by healthy leasing activities and same-property NOI growth.
Regency Centers (REG) came out with quarterly funds from operations (FFO) of $1.16 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to FFO of $1.06 per share a year ago.
REG's Q2 earnings are likely to have benefited from the dependable necessity-driven grocery-anchored traffic. However, high interest expenses might have hurt.
REG's premium portfolio of necessity-driven grocery-anchored shopping centers and strategic expansion augur well for growth.
O and REG target essential retail, but one REIT's global scale and dividend consistency offer added resilience.