Regency Centers Corporation (REG) recent activity suggests a positive outlook with the last week’s performance of -1.32%

On Tuesday, Regency Centers Corporation (NASDAQ: REG) opened higher 1.02% from the last session, before settling in for the closing price of $73.75. Price fluctuations for REG have ranged from $56.51 to $76.53 over the past 52 weeks.

A company in the Real Estate sector has jumped its sales by 4.19% annually for the last half of the decade. Company’s average yearly earnings per share was noted 2.31% at the time writing. With a float of $180.16 million, this company’s outstanding shares have now reached $181.03 million.

In an organization with 497 employees, it is important to assess its efficiency. 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 and Institutional Ownership

A key investor’s attitude towards the stock of the REIT – Retail industry is another important factor to consider. The insider ownership of Regency Centers Corporation is 0.74%, while institutional ownership is 99.64%. 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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.52% 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

Check out the current performance indicators for Regency Centers Corporation (REG). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.41. Likewise, its price to free cash flow for the trailing twelve months is 25.85.

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 2.08 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 1.66 million. That was better than the volume of 1.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.16%. Additionally, its Average True Range was 1.36.

During the past 100 days, Regency Centers Corporation’s (REG) raw stochastic average was set at 76.20%, which indicates a significant increase from 53.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.65% in the past 14 days, which was higher than the 15.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $73.57, while its 200-day Moving Average is $66.84. However, in the short run, Regency Centers Corporation’s stock first resistance to watch stands at $74.95. Second resistance stands at $75.39. The third major resistance level sits at $76.24. If the price goes on to break the first support level at $73.66, it is likely to go to the next support level at $72.81. The third support level lies at $72.37 if the price breaches the second support level.

Regency Centers Corporation (NASDAQ: REG) Key Stats

There are currently 181,497K shares outstanding in the company with a market cap of 13.60 billion. Presently, the company’s annual sales total 1,322 M according to its annual income of 364,560 K. Last quarter, the company’s sales amounted to 360,270 K and its income totaled 101,470 K.