Back to top

Image: Bigstock

Regency Centers Corporation

Read MoreHide Full Article

Regency is slated to report its fourth-quarter and full year 2016 earnings results on Feb 8. The company recently announced the pricing of $650 million senior notes. It plans to use the proceeds for closing the earlier announced merger with Equity One. Also, the company updated its core 2016 funds from operations (FFO) per share guidance range to $3.28–$3.30, reflecting a rise from the previous range of $3.25–$3.28. Moreover, estimates for 2016 FFO per share climbed north lately. Regency mainly focuses on building a premium portfolio of grocery-anchored shopping centers. Such centers are usually necessity driven and drive a dependable traffic. Yet, the shift in retail shopping from brick and mortar stores to internet sales and rate hike are concerns for the company.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Regency Centers Corporation (REG) - free report >>

Published in