Impact of Brokerage Rating on Regency Centers Corporation(REG)

Many Regency Centers Corporation(REG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Regency Centers Corp was Upgraded by SunTrust to Buy on Jan 20, 2017. Regency Centers Corp was Upgraded by Argus to Buy on Dec 12, 2016.

Company has reported several Insider transactions to the SEC, on Dec 22, 2016, Bryce Blair (director) purchased 1,486 shares at 66.92 per share price.On Jun 14, 2016, Iii Dan M. Chandler, (Executive VP of Development) sold 2,000 shares at 79.55 per share price.On Jun 9, 2016, James D. Thompson (Exec. VP of Operations) sold 4,000 shares at 79.75 per share price.

Regency Centers Corp Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.80.Analysts expectations of $ 146.60.During the same quarter in the previous year, the company posted $0.76 EPS.

Regency Centers Corporation (NYSE:REG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.93 by 14 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.

Regency Centers Corporation (NYSE:REG): The mean estimate for the short term price target for Regency Centers Corporation (NYSE:REG) stands at $77.4 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $84 while the lower price target estimate is at $72.

Regency Centers Corporation (NYSE:REG) witnessed a decline in the market cap on Tuesday as its shares dropped 1.57% or 1.12 points. After the session commenced at $70.9, the stock reached the higher end at $71.35 while it hit a low of $70.05. With the volume soaring to 697,416 shares, the last trade was called at $70.12. The company has a 52-week high of $85.35. The company has a market cap of $7,327 million and there are 104,497,000 shares in outstanding. The 52-week low of the share price is $65.16.

REGENCY REALTY CORP. is a real estate investment trust which is engaged in the management, leasing, acquisition, development and brokerage of real estate properties consisting primarily of shopping centers and suburban office buildings.


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