Regency Centers Corporation (NASDAQ:REG) is included among the Best Stocks for a Dividend Achievers List.
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On December 18, JPMorgan analyst Michael Mueller downgraded Regency Centers Corporation (NASDAQ:REG) to Neutral from Overweight. The price target moved down to $76 from $81. Mueller framed the move as tactical. He called it “simply a ‘stock call’ as we continue to think that REG has one of the best platforms and long-term growth prospects in the overall REIT space.”
The change came as part of JPMorgan’s broader 2026 outlook for REITs, which included two upgrades and seven downgrades. The higher number of downgrades reflects what the firm described as a “more stratified ratings distribution.”
In the third quarter of 2025, President and CEO Lisa Palmer pointed to another strong quarter. Same-property NOI rose again. Earnings moved higher, and capital allocation stayed active, with more than $750 million put to work across acquisitions, development, and redevelopment.
Regency Centers Corporation (NASDAQ:REG) also highlighted its unique position in the market. It said it remains the only national developer operating grocery-anchored shopping centers at scale, at a time when new supply remains tight. Management raised its full-year earnings growth outlook and announced a dividend increase of more than 7%.
Development activity picked up as well. The company started over $170 million of projects during the quarter. That pushed year-to-date starts past $220 million. For 2025, Regency now expects roughly $300 million in total project starts. Management also discussed recent acquisitions and completed joint venture partner buyouts, which help simplify the portfolio over time.
Regency Centers Corporation (NASDAQ:REG) is a retail REIT that owns, operates, and develops suburban shopping centers across the US. Most of its properties are anchored by grocery stores, with restaurants and service businesses filling in the rest. These centers tend to act as everyday community hubs.
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