Valued at a market cap of $12.7 billion, Regency Centers Corporation (REG) is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. The Jacksonville, Florida-based company’s portfolio features high-performing properties anchored by top-tier grocers, restaurants, service providers, and best-in-class retailers that foster meaningful connections within neighborhoods and communities.
Shares of this retail REIT have lagged behind the broader market over the past 52 weeks. REG has declined 3.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 14.1%. Moreover, on a YTD basis, the stock is down 3.6%, compared to SPX’s 16.4% return.
