Regency Ctrs Corp Stock Price, News & Analysis

Regency Centers reported its third-quarter financial results for 2021, showing significant growth compared to the same period in 2020. Net Income was $117.4 million ($0.69 per diluted share), up from $12.7 million ($0.07). Nareit Funds From Operations (FFO) reached $192.6 million ($1.12 per diluted share), exceeding last year’s $101.7 million ($0.60). Same Property NOI grew by 24.4%. The Board declared a quarterly cash dividend of $0.625 per share, reflecting a 5% increase. Regency also announced an acquisition of Blakeney Shopping Center for $181 million, demonstrating continued investment in growth.

Regency Centers Corporation (NASDAQ: REG) will announce its Third Quarter 2021 earnings results on November 4, 2021, post-market. A conference call is scheduled for November 5, 2021, at 11:00 a.m. ET. Investors can access the details on the Investor Relations website, where the earnings release and supplemental information will be posted. Regency Centers operates a premier portfolio of shopping centers in affluent areas, focusing on community-centric retailers.

Regency Centers Corporation (NASDAQ:REG) announced that Lisa Palmer, President and CEO, will present at the BofA Securities 2021 Global Real Estate Conference on September 22, 2021, at 10:30 AM ET. The presentation will provide insights into the company’s strategic initiatives and its role as a leader in the retail real estate sector. Interested parties can register for the complimentary webcast through the provided link. Regency Centers is a major player in shopping center ownership and development, focusing on affluent suburban areas.

Regency Centers reported strong second-quarter 2021 results, with Net Income at $0.56 per diluted share, up from $0.11 in 2020. The company achieved Nareit FFO of $0.99 per share, increasing guidance to $3.74 – $3.82 for the year. Same Property NOI rose by 30.8%, and the leasing rate improved to 92.9%. Regency collected 96% of base rent and executed 1.9 million square feet in leases. The company also acquired an 80% interest in a joint venture for $178 million. A quarterly dividend of $0.595 per share was declared, payable on October 5, 2021.

Regency Centers Corporation (NASDAQ: REG) will announce its Second Quarter 2021 earnings results on August 5, 2021, after market close. An earnings conference call is scheduled for August 6, 2021, at 11:00 a.m. ET, accessible through the company’s website. Regency Centers focuses on owning, operating, and developing shopping centers in affluent areas, featuring productive grocers and retailers. As a self-managed REIT and S&P 500 member, the company is committed to connecting with its communities.

Regency Centers Corporation (NASDAQ: REG) released its annual Corporate Responsibility Report, showcasing its dedication to environmental, social, and governance (ESG) initiatives. Key achievements include:

• 87% employee engagement score
• Gender pay gap reduced to 1.58%
• $1.5 million contributed to charities
• GRESB Green Star award for six consecutive years

The report aligns with global standards, reflecting Regency's commitment to enhancing workforce diversity, community support, corporate governance, and environmental stewardship.

Regency Centers Corporation (NASDAQ: REG) will have its President and CEO, Lisa Palmer, present at Nareit’s REITweek: 2021 Virtual Investor Conference on June 8, 2021, from 3:00 pm to 3:30 pm ET. Attendees must register for the complimentary conference to access the live presentation. Regency Centers is a leading owner and operator of shopping centers, focusing on affluent suburban areas, and is a member of the S&P 500 Index. For more details, visit RegencyCenters.com.

Regency Centers Corporation announced the appointment of James H. Simmons III to its Board of Directors, expanding the board to twelve members. Simmons is the CEO and Founding Partner of Asland Capital Partners and brings extensive experience in real estate transactions. His addition aims to enhance the company’s investment strategy and leverage new opportunities for value creation. This move reflects Regency's commitment to refreshing and diversifying its board's skills and competencies, as stated by President and CEO Lisa Palmer.

Regency Centers Corporation (NASDAQ:REG) reported a net income of $80.7 million, or $0.47 per diluted share, for Q1 2021, a notable recovery from a net loss of $25.3 million, or $0.15 per diluted share in Q1 2020. Nareit FFO was $153.4 million, or $0.90 per diluted share, with updated guidance for 2021 set between $3.33 and $3.43 per diluted share. Despite a 1.6% decrease in Same Property NOI, leasing activity remains strong with a 92.5% occupancy rate and 93% rent collection. The company declared a quarterly dividend of $0.595 per share, payable July 6, 2021.