REG Stock Summary and Trading Ideas (Regency Centers | NASDAQ:REG)

Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 482 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.

Regency Centers trades on the NASDAQ stock market under the symbol REG.

As of April 23, 2024, REG stock price climbed to $60.08 with 675,278 million shares trading.

REG has a beta of 0.97, meaning it tends to be less sensitive to market movements. REG has a correlation of 0.30 to the broad based SPY ETF.

REG has a market cap of $11.10 billion. This is considered a Large Cap stock.

In the last 3 years, REG stock traded as high as $78.78 and as low as $51.97.

The top ETF exchange traded funds that REG belongs to (by Net Assets): VNQ, VTI, VB, VOO, VBR.

REG has underperformed the market in the last year with a return of +4.4%, while the SPY ETF gained +24.3%. In the last 3 month period, REG fell short of the market, returning -2.5%, while SPY returned +4.9%. However, in the most recent 2 weeks REG has outperformed the stock market by returning +2.6%, while SPY returned -2.5%.

REG support price is $58.46 and resistance is $59.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that REG stock will trade within this expected range on the day.