Regency Centers (REG)
NASDAQReal EstateReit - RetailSnapshot 2026-07-07
$80.74+1.13%
Close 2026-07-07 · 1-day change
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Track REG free→Regency Centers is a large retail REIT with stable income. It raised its dividend to $0.755 per share. Management reaffirmed 2026 earnings guidance near $4.87 per share. Same property NOI growth is expected between 3.25% and 3.75%.
Cash from operations fell from $218.7 million to $152.7 million recently. The company cut guidance concurrently with an earnings beat. The sector faces headwinds, and the stock trades at a premium to peers.
The price is about 18% above our fair value near $68 and 20% below the Street median near $85. Analysts expect about 6% revenue growth, which is roughly in line with management guidance. Our view is more cautious on valuation.
Breaks if: Cash from operations falls below $150 million per quarter
Regency Centers aims to maintain strong cash flow from operations to support its financial stability and growth initiatives.
Stated in 3 of last 3 quarters. Cash from operations decreased from $218.7 million in 2025-Q3 to $152.7 million in 2026-Q1. Despite the decrease, management continues to emphasize maintaining strong cash flow, though progress is limited this quarter.
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“Cash from operations was $152.7 million for the first quarter of 2026.”
“Cash from operations was $203.9 million for the fourth quarter of 2025.”
“Cash from operations was $218.7 million for the third quarter of 2025.”
Breaks if: Dividend per share falls below $0.755 quarterly
Regency Centers has increased its quarterly dividend to $0.755 per share, reflecting a commitment to return capital to shareholders.
Stated in 2 of last 2 quarters. Dividend per share increased to $0.755 from $0.705 in 2025-Q3. This reflects a consistent capital allocation strategy, delivering on shareholder returns.
“The Board declared a quarterly cash dividend on the Company’s common stock of $0.755 per share.”
“Subsequent to quarter end, on February 4, 2026, Regency's Board declared a quarterly cash dividend on the Company's common stock of $0.755 per share.”
Breaks if: EPS guidance falls below $4.83 per share for FY26
Regency Centers continues to reaffirm its 2026 earnings guidance for Nareit FFO, Core Operating Earnings, and Same Property NOI growth.
Stated in 3 of last 3 quarters. Nareit FFO per diluted share guidance reaffirmed at $4.83 - $4.87. Same Property NOI growth guidance remains at +3.25% to +3.75%. The trajectory is delivering as management continues to reaffirm guidance.
“Reaffirmed 2026 earnings guidance for Nareit FFO, Core Operating Earnings, and Same Property NOI growth.”
“Regency Centers is hereby providing initial 2026 Guidance.”
“2025 Core Operating Earnings guidance to a range of $4.39 to $4.41 per diluted share.”
Breaks if: Same Property NOI growth falls below 3.25% YoY in FY26
Regency Centers continues to reaffirm its 2026 earnings guidance for Nareit FFO, Core Operating Earnings, and Same Property NOI growth.
Stated in 3 of last 3 quarters. Nareit FFO per diluted share guidance reaffirmed at $4.83 - $4.87. Same Property NOI growth guidance remains at +3.25% to +3.75%. The trajectory is delivering as management continues to reaffirm guidance.
“Reaffirmed 2026 earnings guidance for Nareit FFO, Core Operating Earnings, and Same Property NOI growth.”
“Regency Centers is hereby providing initial 2026 Guidance.”
“2025 Core Operating Earnings guidance to a range of $4.39 to $4.41 per diluted share.”