Regency Centers Corporation (REG) stock: 12-month forecast projects -0.58% potential drop%

Regency Centers Corporation [REG] stock prices are up 2.52% to $70.29 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The REG shares have gain 7.54% over the last week, with a monthly amount glided 14.03%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Regency Centers Corporation [NASDAQ: REG] stock has seen the most recent analyst activity on July 09, 2024, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $67 from $61. Previously, Mizuho started tracking the stock with Neutral rating on April 18, 2024, and set its price target to $60. On February 01, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $70 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $74 on January 30, 2024. Evercore ISI upgraded its rating to a Outperform and raised its price target to $71 on January 22, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on December 21, 2023, and upped its price target to $75. In a note dated November 30, 2023, Compass Point upgraded an Buy rating on this stock but restated the target price of $72.

The stock price of Regency Centers Corporation [REG] has been fluctuating between $56.29 and $68.68 over the past year. Currently, Wall Street analysts expect the stock to reach $69.88 within the next 12 months. Regency Centers Corporation [NASDAQ: REG] shares were valued at $70.29 at the most recent close of the market. An investor can expect a potential drop of -0.58% based on the average REG price forecast.

Analyzing the REG fundamentals

The Regency Centers Corporation [NASDAQ:REG] reported sales of 1.42B for trailing twelve months, representing a surge of 14.15%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.47%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 69.04 points at the first support level, and at 67.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.42, and for the 2nd resistance point, it is at 72.55.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 9.17, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 33.76.

Transactions by insiders

Recent insider trading involved STEIN MARTIN E JR, Officer, that happened on Aug 02 ’24 when 25000.0 shares were purchased. President and CEO, PALMER LISA completed a deal on Feb 21 ’24 to sell 25306.0 shares. Meanwhile, Executive Chairman STEIN MARTIN E JR sold 25000.0 shares on Dec 14 ’23.

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