Checking the Overall Picture for Regency Centers Corporation (REG)

    Regency Centers Corporation (NYSE:REG) is an interesting player in the Financial space, with a focus on REIT – Retail. The stock has been active on the tape, currently trading at $69.00, up from yesterday’s close by 1.20%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

    Fundamental Analysis

    No amount of research is complete without a bird’s eye view of the financial data. Regency Centers Corporation (REG) currently trades with a market capitalization of $7.22B. That value represents a market adjusting for revenues that have been growing by 18.70% on a quarterly year/year basis as of the company’s last quarterly report.

    The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For REG, the company currently has $41.38M of cash on the books, which is offset by $1.63B current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $268.15M over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of 0.83 on a per share basis this quarter. Perhaps, that suggests something about why 109.50% of the outstanding share supply is held by institutional investors.

    Technical Analysis

    It’s important to check the technicals to get a sense of how has been acting. Looking at the stock’s movement on the chart, Regency Centers Corporation recorded a 52-week high of 85.35. It is now trading 17.17 off that level. The stock is trading 67.70 its 50-day moving average by -0.48. The stock carved out a 52-week low down at 65.16.

    In recent action, Regency Centers Corporation (REG) has made a move of +0.76% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 20.3, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 102.43M with 10.82% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of REG.

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