Regency Centers Corp
REG
ISIN null / Valor 1188868
Regency Centers Corp
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About company
Regency Centers Corp is a real estate investment trust specializing in the ownership, operation, and development of grocery-anchored shopping centers throughout the United States. The company focuses on suburban locations with strong demographic characteristics, managing a diverse portfolio that includes a mix of national and regional retailers, restaurants, and service-oriented businesses. By targeting areas with stable population growth and consumer demand, Regency Centers aims to create and sustain value through strategic property acquisitions, effective management, and development of retail spaces that cater to the needs of local communities.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (12.11.2025):
Regency Centers Corp reported its financial results for the fourth quarter and full year 2024, showcasing solid earnings performance and operational progress. In Q4 2024, net income attributable to common shareholders was $0.46 per diluted share compared to $0.47 per diluted share in Q4 2023, while full year 2024 earnings reached $2.11 per diluted share compared to $2.04 per diluted share in 2023. The report also highlighted key operational metrics, including record-high occupancy levels and robust leasing activity, alongside capital-raising activities and new development projects, setting the stage for its 2025 guidance.
Financial Performance
For the fourth quarter of 2024, Regency Centers Corp reported net income attributable to common shareholders of $0.46 per diluted share, with full year earnings of $2.11 per diluted share. Additionally, Nareit FFO totaled $1.09 per diluted share for Q4 and $4.30 per diluted share for the full year, reflecting a solid performance year-over-year.
Operating Metrics & Portfolio Performance
Operational highlights include an increase in Same Property NOI by 4.0% in Q4 and 3.6% over the full year, with base rents contributing significantly. The company achieved record leasing metrics with Same Property percent leased at 96.7% and shop percent leased at 94.1%, underscoring strong tenant demand and portfolio strength.
Leasing Activity & Capital Initiatives
During 2024, Regency executed approximately 8.1 million square feet of new and renewed leases, with favorable rent spread gains. The company also initiated over $35 million in new development projects in Q4, with total year-to-date project starts of $258 million, and engaged in strategic property transactions including the acquisition of University Commons – Austin.
Balance Sheet, Dividends & 2025 Guidance
On the capital allocation front, Regency raised $100 million via its ATM program and maintained a pro-rata net debt and preferred stock to operating EBITDAre of 5.2x as of December 31, 2024. The Board declared a quarterly cash dividend of $0.705 per common share. Looking ahead to 2025, the company provided initial earnings guidance with expected increases in net income and Nareit FFO per diluted share.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
12962 M
Market cap (USD)
1,184,012
Daily traded volume (Shares)
73.7 / 72.91
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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