REITResearch

Regency Centers Corporation REG

Listed / Traded Retail NASDAQ Mgmt:

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S P 500 Index member.

Snapshot

Price
$77.37
Market cap
$14.17B
Enterprise value
$19.62B
Dividend yieldi
3.90%
Annual dividendi
$3.02
Frequency
Quarterly
FFO / sharei
$1.20 · Q1 2026
AFFO / sharei
$1.06 · Q1 2026
Net debt / EBITDAi
5.20x · Adj. EBITDA
Op. cash flow / sharei
$4.54
Price / OCFi
17.03
Payout (% of OCF)i
66.49%
Debt / book capitali
44.81%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-29) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-122026-06-122026-07-02 2026-05-06$0.76Quarterly
2026-03-112026-03-112026-04-01 2026-02-04$0.76Quarterly
2025-12-152025-12-152026-01-06 2025-10-27$0.76Quarterly
2025-09-112025-09-112025-10-02 2025-08-05$0.70Quarterly
2025-06-112025-06-112025-07-02 2025-05-06$0.70Quarterly
2025-03-122025-03-122025-04-02 2025-02-06$0.70Quarterly
2024-12-162024-12-162025-01-03 2024-11-05$0.70Quarterly
2024-09-122024-09-122024-10-03 2024-07-31$0.67Quarterly
2024-06-122024-06-122024-07-03 2024-05-02$0.67Quarterly
2024-03-122024-03-132024-04-03 2024-02-07$0.67Quarterly
2023-12-132023-12-142024-01-13 2023-11-02$0.67Quarterly
2023-09-132023-09-142023-10-04 2023-08-03$0.65Quarterly
2023-06-132023-06-142023-07-06 2023-05-02$0.65Quarterly
2023-03-142023-03-152023-04-05 2023-02-09$0.65Quarterly
2022-12-152022-12-162023-01-04 2022-11-02$0.65Quarterly
2022-09-142022-09-152022-10-04 2022-08-02$0.62Quarterly
2022-06-142022-06-152022-07-06 2022-04-29$0.62Quarterly
2022-03-142022-03-152022-04-05 2022-02-09$0.62Quarterly
2021-12-152021-12-162022-01-05 2021-11-02$0.62Quarterly
2021-09-142021-09-152021-10-05 2021-08-04$0.59Quarterly
2021-06-142021-06-152021-07-06 2021-05-05$0.59Quarterly
2021-03-122021-03-152021-04-06 2021-02-10$0.59Quarterly
2020-12-152020-12-162021-01-05 2020-11-04$0.59Quarterly
2020-08-132020-08-142020-08-24 2020-07-29$0.59Quarterly

Coverage (payout of operating cash flow): 66.49%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Balance sheet (latest FY: 2025)

Total debt
$5.94B
Cash
$120.66M
Net debt / EBITDAi
4.70x
Debt / book capitali
44.81%
Total assets
$13.00B
Total equity
$6.91B

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $1.55B $527.46M $405.04M $1.13B $827.69M
2024 $1.50B $400.39M $372.01M $939.75M $790.20M
2023 $1.37B $364.56M $323.15M $839.58M $719.59M
2022 $1.27B $482.87M $298.70M $818.05M $655.82M
2021 $1.20B $361.41M $280.39M $771.32M $659.39M
2020 $1.05B $44.89M $305.36M $606.32M $499.12M

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.