Regency Centers Corp (REG, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $352.82 million, and the earnings are expected to come in at $0.46 per share. The full year 2024's revenue is expected to be $1.44 billion and the earnings are expected to be $2 per share. More detailed estimate data can be found here.
Regency Centers Corp (REG, Financial) Estimate Trends
The revenue estimates for Regency Centers Corp (REG) have increased from $1.42 billion to $1.44 billion for the full year 2024 and from $1.48 billion to $1.49 billion for 2025 over the past 90 days. Earnings estimates for Regency Centers Corp (REG) have increased from $1.95 per share to $2 per share for the full year 2024 and declined from $2.14 per share to $2.12 per share for 2025 over the past 90 days.
Regency Centers Corp (REG, Financial) Reported History
In the previous quarter of March 31, 2024, Regency Centers Corp's (REG) actual revenue was $363.85 million, which beat analysts' revenue expectations of $357.13 million by 1.88%. Regency Centers Corp's (REG) actual earnings were $0.58 per share, which beat analysts' earnings expectations of $0.49 per share by 18.37%. After releasing the results, Regency Centers Corp (REG) was down by -1.7% in one day.
Regency Centers Corp (REG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 16 analysts, the average target price for Regency Centers Corp (REG) is $69.13 with a high estimate of $75 and a low estimate of $65. The average target implies an upside of 1.74% from the current price of $67.94.
Based on GuruFocus estimates, the estimated GF Value for Regency Centers Corp (REG, Financial) in one year is $71.68, suggesting an upside of 5.5% from the current price of $67.94.
Based on the consensus recommendation from 19 brokerage firms, Regency Centers Corp's (REG, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
