Earnings Alerts

Regency Centers (REG) Earnings: 1Q FFO per Share Surpasses Estimates, Showcasing Financial Strength

Regency Centers reported FFO per share at $1.08, beating the estimate of $1.03.

• There was no change in FFO per share when compared to the same period last year (y/y), it remained at $1.08.

• The same property Net Operating Income (NOI) saw an increase of +1.4%, excluding termination fees. This surpasses the estimated growth of +1.14%.

• Out of the analysts covering Regency Centers, 16 recommend buying the stock, 5 recommend holding, while none suggest selling.


A look at Regency Centers Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Regency Centers Corporation, a real estate investment trust focused on grocery-anchored neighborhood retail centers, holds promising long-term potential based on its Smartkarma Smart Scores. With a high score in Growth and Dividend, the company appears well-positioned for future expansion and income generation. Although the Resilience score is moderate, Regency Centers‘ strong performance in Value and Momentum further bolsters its overall outlook.

As a self-administered and self-managed REIT with a widespread presence across the United States, Regency Centers is structured to benefit from the stability and steady income provided by grocery-anchored properties. Investors may find the company’s robust Growth and Dividend scores appealing, indicating opportunities for long-term value appreciation and potential for regular dividend payouts.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars