Regency Centers Corporation (REG)
NASDAQ: REG · IEX Real-Time Price · USD
60.17
+1.26 (2.14%)
Mar 27, 2024, 4:00 PM EDT - Market closed
Regency Centers Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Regency Centers stock have an average target of 71.36, with a low estimate of 69 and a high estimate of 75. The average target predicts an increase of 18.60% from the current stock price of 60.17.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for REG stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 5 |
Buy | 4 | 4 | 4 | 4 | 5 | 5 |
Hold | 3 | 2 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 10 | 9 | 9 | 10 | 11 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Jefferies | Jefferies | Strong Buy Maintains $75 → $72 | Strong Buy | Maintains | $75 → $72 | +19.66% | Mar 7, 2024 |
Wells Fargo | Wells Fargo | Buy Initiates $70 | Buy | Initiates | $70 | +16.34% | Feb 1, 2024 |
Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $69 → $71 | Hold → Buy | Upgrades | $69 → $71 | +18.00% | Jan 22, 2024 |
Truist Securities | Truist Securities | Strong Buy Maintains $71 → $72 | Strong Buy | Maintains | $71 → $72 | +19.66% | Jan 16, 2024 |
Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $62 → $75 | Hold → Buy | Upgrades | $62 → $75 | +24.65% | Dec 21, 2023 |
Financial Forecast
Revenue This Year
1.47B
from 1.32B
Increased by 11.16%
Revenue Next Year
1.52B
from 1.47B
Increased by 3.33%
EPS This Year
1.99
from 2.04
Decreased by -2.52%
EPS Next Year
2.19
from 1.99
Increased by 10.16%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.6B | 1.7B | 1.7B |
Avg | 1.5B | 1.5B | 1.6B |
Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 21.0% | 12.8% | 14.5% |
Avg | 11.2% | 3.3% | 6.1% |
Low | 2.2% | -5.6% | 0.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.31 | 2.49 | 2.80 | 2.87 | 3.13 |
Avg | 1.99 | 2.19 | 2.55 | 2.67 | 2.92 |
Low | 1.77 | 1.85 | 2.30 | 2.51 | 2.74 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 13.2% | 25.1% | 28.0% | 12.3% | 17.1% |
Avg | -2.5% | 10.2% | 16.5% | 4.6% | 9.3% |
Low | -13.0% | -6.9% | 5.1% | -1.7% | 2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.