Regency Ctrs Corp Stock Price, News & Analysis

Regency Centers (Nasdaq: REG), a real estate investment trust, has announced its upcoming participation in the Nareit REITweek 2025 Investor Conference. The company's management team will deliver a presentation on Tuesday, June 3, 2025, from 3:15 PM to 3:45 PM ET. Investors and interested parties can access the presentation through a webcast, which will be available on the company's Investor Relations website at investors.regencycenters.com for replay after the event.

Regency Centers (NASDAQ:REG) has released its 2024 Corporate Responsibility and TCFD Climate Risk Reports, showcasing significant achievements in sustainability and corporate governance. The company reported an 88% Employee Engagement score and received multiple recognitions, including the Healthiest Companies Award and inclusion in the Bloomberg Gender-Equality Index. Notable accomplishments include $1.8 million in charitable contributions, over 2,000 employee volunteer hours, and a 23% reduction in greenhouse gas emissions from their 2019 baseline. The company has also exceeded its 2030 goals for onsite renewable energy and water reduction. CEO Lisa Palmer emphasized these initiatives as crucial to driving sustainable growth and building long-term shareholder value while positively impacting communities.

Regency Centers (Nasdaq: REG) has announced the pricing of a $400 million senior unsecured notes offering due 2032 through its operating partnership. The notes, priced at 99.279% of par value with a 5.00% coupon, will mature on July 15, 2032. Interest payments will be made semiannually starting January 15, 2026.

The company plans to use the proceeds to reduce its line of credit balance, repay $250 million of 3.90% notes due November 2025, and for general corporate purposes including future debt repayment. The offering, led by major financial institutions including Wells Fargo Securities and BofA Securities, is expected to close on May 13, 2025.

Regency Centers (NASDAQ: REG) has announced its quarterly dividend declarations for multiple share classes. The company will pay a quarterly cash dividend of $0.705 per share on its common stock, payable on July 2, 2025, to shareholders of record as of June 11, 2025.

Additionally, the company declared dividends on its preferred stock: $0.390625 per share for Series A and $0.367200 per share for Series B preferred stock. Both preferred stock dividends will be payable on July 31, 2025, to shareholders of record as of July 16, 2025.

Regency Centers reported strong Q1 2025 financial results, maintaining steady performance with Net Income of $0.58 per diluted share, matching Q1 2024. The company achieved Nareit FFO of $1.15 per diluted share and Core Operating Earnings of $1.09 per diluted share.

Key highlights include:

• Same Property NOI growth of 4.3% year-over-year
• Portfolio occupancy reached 96.5% leased, up 100 basis points
• Executed 1.4 million square feet of new and renewal leases with +8.1% cash rent spreads
• Acquired Brentwood Place in Nashville for $119 million
• Received credit rating upgrade to "A-" from S&P Global

The company reaffirmed its 2025 guidance, projecting Nareit FFO of $4.52-$4.58 per share and maintaining its Same Property NOI growth forecast of 3.2% to 4.0%. Development projects totaling $499 million are in progress with an expected 9% yield.

Regency Centers (NASDAQ: REG) has scheduled its first quarter 2025 earnings announcement for Tuesday, April 29, 2025, after market close. The company will release its earnings report and supplemental information package on their investor relations website.

A conference call to discuss the results is scheduled for Wednesday, April 30, 2025, at 11:00 a.m. ET. Investors can participate via phone (877-407-0789 or 201-689-8562) or through the webcast link. A replay of the webcast will be available in the Webcasts & Presentations section of the company's Investor Relations page.

Regency Centers has acquired Brentwood Place Shopping Center in Nashville, TN, a 320,000-square-foot community center located in one of Nashville's premier submarkets. The property is currently 95% leased and features prominent anchors including Nordstrom Rack, Total Wine, TJ Maxx/HomeGoods, and Golf Galaxy.

The shopping center, situated 7 miles south of Downtown Nashville, attracts over 4.3M annual visitors and is adjacent to the future 350,000-square-foot Vanderbilt Medical Campus. The acquisition includes more than 100,000 square feet of shops with a mix of national and regional tenants.

The company plans to enhance the property's value through lease-up and remerchandising strategies, focusing on active asset management to strengthen its position in high-growth retail corridors.

Regency Centers (REG) has received a credit rating upgrade from S&P Global Ratings to 'A-' with a stable outlook. The upgrade reflects the company's solid operating performance and strong financial metrics, supported by its high-quality, grocery-anchored portfolio and robust retail fundamentals.

Lisa Palmer, President and CEO, emphasized that this achievement demonstrates Regency's commitment to operational excellence and financial discipline, highlighting the company's consistent track record of cash flow growth and balance sheet strength, which creates value for stakeholders and provides stability through market cycles.

Regency Centers (Nasdaq: REG) has announced that Lisa Palmer, President and Chief Executive Officer, will deliver a presentation at the 2025 Citi Global Property CEO Conference. The presentation is scheduled for Tuesday, March 4, 2025, at 8:50 am ET.

The company has confirmed that the presentation will be accessible through a webcast, with replay availability extending for one year after the conference concludes.