A look at Regency Centers Corporation’s (REG) recent performance gives investors their first glimpse of hope.

Regency Centers Corporation (NASDAQ: REG) on Tuesday, soared 1.47% from the previous trading day, before settling in for the closing price of $59.21. Within the past 52 weeks, REG’s price has moved between $54.72 and $68.47.

Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 4.19%. The company achieved an average annual earnings per share of -4.01%. With a float of $183.32 million, this company’s outstanding shares have now reached $184.13 million.

Considering the fact that the conglomerate employs 497 people, you should pay attention to its efficiency factor.

Regency Centers Corporation (REG) Insider Activity

Observing investor behavior towards REIT – Retail industry stocks is more important than anything else. The insider ownership of Regency Centers Corporation is 0.79%, while institutional ownership is 97.69%. The most recent insider transaction that took place on Feb 21 ’24, was worth 1,549,307. In this transaction President and CEO of this company sold 25,306 shares at a rate of $61.22, taking the stock ownership to the 130,001 shares. Before that another transaction happened on Dec 14 ’23, when Company’s Executive Chairman sold 25,000 for $68.00, making the entire transaction worth $1,700,000. This insider now owns 311,899 shares in total.

Regency Centers Corporation (REG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -4.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.59% during the next five years compared to 6.83% growth over the previous five years of trading.

Regency Centers Corporation (NASDAQ: REG) Trading Performance Indicators

Regency Centers Corporation (REG) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.39. Likewise, its price to free cash flow for the trailing twelve months is 21.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.04, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.16 in one year’s time.

Technical Analysis of Regency Centers Corporation (REG)

Compared to the last year’s volume of 1.25 million, its volume of 0.97 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 79.92%. Additionally, its Average True Range was 1.05.

During the past 100 days, Regency Centers Corporation’s (REG) raw stochastic average was set at 29.85%, which indicates a significant decrease from 92.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.06% in the past 14 days, which was higher than the 19.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $60.01, while its 200-day Moving Average is $62.01. Nevertheless, the first resistance level for the watch stands at $60.46 in the near term. At $60.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $61.49. If the price goes on to break the first support level at $59.44, it is likely to go to the next support level at $58.80. Should the price break the second support level, the third support level stands at $58.41.

Regency Centers Corporation (NASDAQ: REG) Key Stats

Market capitalization of the company is 11.10 billion based on 184,774K outstanding shares. Right now, sales total 1,322 M and income totals 364,560 K. The company made 359,600 K in profit during its latest quarter, and 89,770 K in sales during its previous quarter.