Regency Centers

REG · NASDAQ

$73.20+$0.79 (+1.09%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $72.41

REG analyst rating

BuyConsensus of 14 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy7
Hold7
Underperform0
Sell0

12-month price target · 19 analysts

Average $87.59 (+19.7% upside)

Low: $76.76
Now: $73.20
High: $107.10

Upgrades and downgrades

The latest rating actions, newest first

REG analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Oct 9, 2026	Maintains	Neutral	$85.00 → $77.00	45%
Morgan Stanley	Oct 5, 2026	Maintains	Overweight	$88.00 → $87.00	56%
Truist Securities	Oct 2, 2026	Initiates	Buy	$84.00	54%
Barclays	Sep 28, 2026	Maintains	Overweight	$92.00 → $85.00	38%
Mizuho	Sep 24, 2026	Maintains	Neutral	$82.00 → $76.00	44%
JP Morgan	Sep 24, 2026	Upgrade	Neutral → Overweight	$83.00	53%
Evercore ISI Group	Sep 21, 2026	Maintains	In-Line	$83.00 → $81.00	45%
Scotiabank	Sep 17, 2026	Maintains	Sector Perform	$82.00 → $81.00	47%
Wells Fargo	Aug 19, 2026	Maintains	Overweight	$90.00 → $88.00	48%
Barclays	Aug 17, 2026	Maintains	Overweight	$90.00 → $92.00	38%

The case for and against

Updated Nov 24, 2024

Bull case

Regency Centers is positioned for long-term growth owing to its diversified portfolio of 483 properties, predominantly grocery-anchored, which reduces risk and stabilizes cash flows, with 80% of properties featuring grocery anchors. The anticipated improvement in same-store net operating income (SSNOI) growth in 2025 and 2026, driven by strong leasing activity and a substantial signed-not-occupied (SNO) pipeline, indicates robust potential for rental income escalation. Additionally, the combination of minimal tenant bankruptcies, continued demand for retail spaces, and strategic redevelopment efforts supports a positive outlook for Regency Centers as it capitalizes on favorable market dynamics.

Bear case

Regency Centers's stock faces a negative outlook due to its poor year-to-date performance, lagging behind both its peers and the broader RMZ index by approximately 300 basis points, reflecting a lack of growth, with an estimated 1% year-over-year growth in AFFO per share. The company is exposed to considerable risks, including potential economic weakness that may impact retail fundamentals, upcoming debt maturities amidst a volatile credit market, and challenges in executing its development pipeline at favorable yields. Additionally, the decline in in-office occupancy levels post-pandemic could further reduce foot traffic to suburban shopping centers, adversely affecting sales and rental revenues.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.