Regency Centers Up 16.1% in 6 Months: Will It Continue to Rise?
REGRegency Centers(REG) ZACKS·2024-08-29 23:57

Shares of Regency Centers (REG) have rallied 16.1% in six months, outperforming the industry's growth of 5.2%. Regency Centers is one of the leading retail real estate investment trusts (REITs) in the United States. The company's portfolio mainly consists of grocery-anchored community and neighborhood centers, ensuring dependable traffic. Last month, Regency Centers reported second-quarter 2024 NAREIT funds from operations (FFO) per share of $1.06, which outpaced the Zacks Consensus Estimate of $1.02. Resul ...