Regency Centers Corporation (NASDAQ: REG) on Friday, plunged -0.42% from the previous trading day, before settling in for the closing price of $75.91. Within the past 52 weeks, REG’s price has moved between $56.51 and $76.14.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 4.19%. The company achieved an average annual earnings per share of 1.33%. With a float of $180.09 million, this company’s outstanding shares have now reached $184.13 million.
The extent of productivity of a business whose workforce counts for 497 workers is very important to gauge. In terms of profitability, gross margin is 49.39%, operating margin of 36.05%, and the pretax margin is 28.29%.
Regency Centers Corporation (REG) Insider Updates
Observing investor behavior towards REIT – Retail industry stocks is more important than anything else. The insider ownership of Regency Centers Corporation is 0.78%, while institutional ownership is 99.62%. The most recent insider transaction that took place on Aug 14 ’24, was worth 299,030. Before that another transaction happened on Aug 16 ’24, when Company’s Officer proposed sale 1,000 for $69.57, making the entire transaction worth $69,569.
Regency Centers Corporation (REG) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.47 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.51) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.47% 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 9.51. Likewise, its price to free cash flow for the trailing twelve months is 26.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.12, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.07 in one year’s time.
Technical Analysis of Regency Centers Corporation (REG)
The latest stats from [Regency Centers Corporation, REG] show that its last 5-days average volume of 1.08 million was inferior to 1.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.89%. Additionally, its Average True Range was 1.08.
During the past 100 days, Regency Centers Corporation’s (REG) raw stochastic average was set at 93.09%, which indicates a significant increase from 74.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.30% in the past 14 days, which was lower than the 16.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $72.49, while its 200-day Moving Average is $65.73. Now, the first resistance to watch is $76.24. This is followed by the second major resistance level at $76.89. The third major resistance level sits at $77.25. If the price goes on to break the first support level at $75.23, it is likely to go to the next support level at $74.87. Assuming the price breaks the second support level, the third support level stands at $74.22.
Regency Centers Corporation (NASDAQ: REG) Key Stats
Market capitalization of the company is 13.74 billion based on 181,497K outstanding shares. Right now, sales total 1,322 M and income totals 364,560 K. The company made 360,270 K in profit during its latest quarter, and 101,470 K in sales during its previous quarter.
