New insider activity at Regency Centers ( (REG) ) has taken place on February 21, 2025.
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Regency Centers has seen significant insider stock transactions recently. President & CEO Lisa Palmer sold 25,000 shares, generating $1,831,500. EVP & CFO Michael J. Mas also sold 20,000 shares for a total of $1,472,000. Additionally, Director Martin E. Stein parted with 25,000 shares, resulting in a sale worth $1,808,000. These transactions highlight a notable movement of shares within the company’s leadership.
Recent Updates on REG stock
In the latest financial updates from Regency Centers Corp., the company reported strong financial performance for Q4 and the full year 2024, highlighted by record-high occupancy levels of 96.7% and robust rent growth. Regency Centers also achieved a net income of $2.11 per diluted share for the year, reflecting slight growth from the previous year. The company initiated $258 million in development projects and executed over 8.1 million square feet of new and renewal leases at favorable rent spreads. Despite challenges such as expected increased interest expenses due to bond refinancing and managing credit risks from recent tenant bankruptcies, Regency Centers maintains a positive outlook for 2025. This optimism is based on projected growth in net income per share, strong core operating earnings, and continuous investment in development projects. Analysts have adjusted price targets for Regency Centers, considering these financial results and strategic investments, reflecting confidence in the company’s sustained growth and value creation.
More about Regency Centers
YTD Price Performance: 1.70%
Average Trading Volume: 1,035,194
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.3B