Regency Centers Corporation (REG) is 2.30% away from 50-day simple Moving Average despite all headwinds

A new trading day began on January 24, 2023, with Regency Centers Corporation (NASDAQ: REG) stock priced at $65.57, up 0.67% from the previous day of trading. During the day, the shares moved up to $66.13 and dropped to $64.87 before settling in for the closing price of $65.44. REG’s price has ranged from $51.97 to $73.41 over the past 52 weeks.

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A company in the Real Estate sector has jumped its sales by 13.70% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 699.30%. With a float of $169.68 million, this company’s outstanding shares have now reached $171.12 million.

In an organization with 432 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +45.97, operating margin of +40.81, and the pretax margin is +33.18.

Regency Centers Corporation (REG) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Retail Industry. The most recent insider transaction that took place on Nov 10, was worth 198,330. In this transaction Senior Managing Director of this company sold 3,000 shares at a rate of $66.11, taking the stock ownership to the 10,786 shares. Before that another transaction happened on Mar 09, when Company’s Senior Managing Director sold 4,330 for $69.81, making the entire transaction worth $302,275. This insider now owns 9,178 shares in total.

Regency Centers Corporation (REG) Latest Financial update

In its latest quarterly report, released on 6/29/2022, the company reported earnings of $0.61 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +32.74 while generating a return on equity of 6.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 699.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.69% during the next five years compared to 8.30% growth over the previous five years of trading.

Regency Centers Corporation (NASDAQ: REG) Trading Performance Indicators

Here are Regency Centers Corporation’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 9.22. Likewise, its price to free cash flow for the trailing twelve months is 46.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.65, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 2.04 in one year’s time.

Technical Analysis of Regency Centers Corporation (REG)

Let’s dig in a bit further. During the last 5-days, its volume was 0.72 million. That was inferior than the volume of 0.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.37%. Additionally, its Average True Range was 1.48.

During the past 100 days, Regency Centers Corporation’s (REG) raw stochastic average was set at 89.40%, which indicates a significant increase from 87.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.53% in the past 14 days, which was higher than the 29.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $64.47, while its 200-day Moving Average is $62.87. However, in the short run, Regency Centers Corporation’s stock first resistance to watch stands at $66.38. Second resistance stands at $66.89. The third major resistance level sits at $67.64. If the price goes on to break the first support level at $65.12, it is likely to go to the next support level at $64.37. The third support level lies at $63.86 if the price breaches the second support level.

Regency Centers Corporation (NASDAQ: REG) Key Stats

With a market capitalization of 11.12 billion, the company has a total of 171,123K Shares Outstanding. Currently, annual sales are 1,166 M while annual income is 361,410 K. The company’s previous quarter sales were 303,990 K while its latest quarter income was 87,580 K.


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