Key Points
- Insider sale: Nicholas Andrew Wibbenmeyer sold 7,927 shares at an average price of $79.06 for about $626,709, cutting his stake ~19.34% to 33,069 shares — the filing also follows a separate large sale by CEO Martin Stein Jr., which may concern some investors.
- Dividend announced: Regency declared a quarterly dividend of $0.755 per share (annualized $3.02) for a ~3.9% yield, payable July 2 with record/ex-dividend date June 12, while the payout ratio is a high ~104%.
- Outlook and analyst view: Management upgraded 2026 earnings guidance after a strong Q1, and analysts’ consensus is a "Moderate Buy" with an average price target of $81.00.
Regency Centers Corporation (NASDAQ:REG - Get Free Report) insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.06, for a total value of $626,708.62. Following the sale, the insider directly owned 33,069 shares in the company, valued at $2,614,435.14. This trade represents a 19.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Regency Centers Trading Down 1.5%
Regency Centers stock opened at $77.86 on Friday. Regency Centers Corporation has a one year low of $66.86 and a one year high of $81.66. The business's fifty day moving average is $77.92 and its 200 day moving average is $73.46. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.14 and a quick ratio of 1.05. The stock has a market capitalization of $14.26 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 3.36 and a beta of 0.82.
Regency Centers Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be issued a $0.755 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $3.02 dividend on an annualized basis and a yield of 3.9%. Regency Centers's dividend payout ratio is currently 104.14%.
Wall Street Analyst Weigh In
A number of research firms have weighed in on REG. Royal Bank Of Canada raised Regency Centers to a "sector perform" rating in a report on Friday, January 9th. Evercore set a $80.00 target price on Regency Centers in a report on Friday, May 1st. Weiss Ratings raised Regency Centers from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, February 17th. UBS Group set a $76.00 target price on Regency Centers in a report on Wednesday, January 14th. Finally, Scotiabank increased their target price on Regency Centers from $76.00 to $82.00 and gave the company a "sector perform" rating in a report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $81.00.
Check Out Our Latest Stock Report on Regency Centers
Key Regency Centers News
Here are the key news stories impacting Regency Centers this week:
- Positive Sentiment: Board declared a quarterly dividend of $0.755 per share (record date June 12; payable July 2), implying a ~3.9% yield — supports income-focused holders and underpins valuation. Regency Centers Declares Quarterly Dividends
- Positive Sentiment: Company reaction pieces report Regency upgraded 2026 earnings guidance after a strong Q1 — a direct positive for near-term earnings expectations and multiple expansion. Investors Reacting To Regency Centers Upgraded 2026 Earnings Guidance
- Neutral Sentiment: Shareholders approved the board slate, executive pay and auditor at the recent meeting — governance items passed without controversy but unlikely to move the stock materially. Shareholders Approve Board, Pay, and Auditor
- Neutral Sentiment: Analysts continue to weigh in with mixed views — Evercore ISI maintained a Hold on REG, leaving analyst sentiment cautious despite the upbeat quarter. Evercore ISI Holds Rating
- Neutral Sentiment: Sector signals: peers Macerich and Realty Income reported stronger leasing/occupancy and FFO/A beats, reinforcing a healthier retail REIT backdrop that can help Regency’s leasing and cash flow prospects. Macerich Q1 Results Realty Income Q1 Results
- Neutral Sentiment: Operational update: a new Target-anchored center in Beaumont, CA is on track to open — incremental rent/occupancy upside but limited immediate impact on the portfolio. Target-Anchored Retail Center Update
- Negative Sentiment: Insider selling: two disclosed sales (Nicholas Wibbenmeyer sold 7,927 shares at ~$79.06; Martin Stein Jr. sold 274,615 shares) could concern some investors about insider conviction despite being potentially for non-fundamental reasons. Insider Sale Wibbenmeyer Martin Stein Jr. Sale
Hedge Funds Weigh In On Regency Centers
Institutional investors have recently added to or reduced their stakes in the company. Havemeyer Place LP purchased a new position in Regency Centers during the 4th quarter valued at approximately $26,000. Brown Brothers Harriman & Co. grew its holdings in Regency Centers by 63.1% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company's stock valued at $30,000 after buying an additional 157 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Regency Centers during the 2nd quarter valued at approximately $31,000. Hantz Financial Services Inc. grew its holdings in Regency Centers by 388.9% during the 4th quarter. Hantz Financial Services Inc. now owns 440 shares of the company's stock valued at $30,000 after buying an additional 350 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in Regency Centers during the 3rd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 96.07% of the company's stock.
About Regency Centers
(
Get Free Report)
Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company's portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.
Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.
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