Regency Centers Corp (REGCO) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA below its 5-year median

Regency Centers's EV/EBITDA of 8.7 is below its 5-year median of 9.3.

P/B above the industry

Regency Centers's price-to-book of 2.00 is above the Miscellaneous Investing median of 1.20.

Trading above fair value

The share price of $75.17 is above our fair value estimate of $71.35.

Margin of safety under 20%

The price is 5.4% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 8.3% a year over the last three fiscal years, short of the 10% we look for.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings growth not accelerating

Net income grew 37.8% over the last twelve months, against a 5-year average of 63.7% a year.

Growing faster than the industry

Revenue grew 8.2% over the last twelve months; the Miscellaneous Investing median is 4.5%.

Guidance lowered

Regency Centers lowered its Full Year 2026 Non-cash revenues (2) outlook on Jul 29, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 8.2% over the last twelve months and averaged 6.6% over five years; we look for 15% on both.

Return on capital over 10%

Return on invested capital was 13.9%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Regency Centers's return on equity of 8.2% is above the Miscellaneous Investing median of 3.5%.

Earnings grew over 5 years

Net income grew 63.7% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 34.4% over the last twelve months, against a 5-year average of 31.9%.

Net margin above the industry

Regency Centers's net margin of 34.4% is above the Miscellaneous Investing median of 11.8%.

No debt

Regency Centers has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 1.80; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Regency Centers paid dividends worth 4.0% of the share price over the last twelve months.

Yield below Treasuries

The 4.0% yield is below the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.9% or more; Regency Centers yields 4.0%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Not covered by earnings

Dividends take 95.7% of net income, leaving little room.

Cash-flow cover

Needs dividends paid and free cash flow.