Regency Centers Corporation (NASDAQ:REG) shares, rose in value on Friday, November 22, with the stock price down by -0.30% to the previous day’s close as strong demand from buyers drove the stock to $74.24.
Actively observing the price movement in the last trading, the stock closed the session at $74.46, falling within a range of $74.13 and $74.82. The value of beta (5-year monthly) was 1.218 whereas the PE ratio was 34.99 over 12-month period. Referring to stock’s 52-week performance, its high was $75.26, and the low was $56.51. On the whole, REG has fluctuated by 3.11% over the past month.
With the market capitalization of Regency Centers Corporation currently standing at about $13.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 2.68, with its dividend yield at 3.61%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that REG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 8.24, with the price of REG currently trading nearly 1.28% and 2.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.90, while the 7-day volatility ratio is showing 1.23% which for the 30-day chart, stands at 1.59%. Furthermore, Regency Centers Corporation (REG)’s beta value is 1.23, and its average true range (ATR) is 1.09.
A comparison of Regency Centers Corporation (REG) with its peers suggests the former has fared considerably weaker in the market. REG showed an intraday change of -0.30% in last session, and over the past year, it grew by 21.29%%.
Data on historical trading for Regency Centers Corporation (NASDAQ:REG) indicates that the trading volumes over the past 10 days have averaged 1.28 and over the past 3 months, they’ve averaged 1.01 million. According to company’s latest data on outstanding shares, there are 184.13 million shares outstanding.
Nearly 0.78% of Regency Centers Corporation’s shares belong to company insiders and institutional investors own 99.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.74 million shares as on 2024-10-31, resulting in a short ratio of 3.28. According to the data, the short interest in Regency Centers Corporation (REG) stood at 206.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 2.21 million. The stock has risen by 10.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the REG stock heading into the next quarter.
