earnings
confidence high
sentiment positive
materiality 0.75
Regency Centers Q3 Nareit FFO $1.15/sh, raises full-year guidance and boosts dividend 7.1%
REGENCY CENTERS CORP
- Q3 Nareit FFO per diluted share $1.15, up from $1.07 YoY; Core Operating Earnings $1.09, up from $1.03.
- Same Property NOI (excl termination fees) grew 4.8% YoY; occupancy 96.4% (up 40bps), commenced 94.4% (up 190bps).
- Raised 2025 Nareit FFO guidance to $4.62-$4.64 (was $4.59-$4.63) and Same Property NOI growth to +5.25%-+5.5% (was +4.5%-+5.0%).
- Acquired a five-property portfolio in Orange County, CA for $357M; started $170M of development/redevelopment projects in Q3.
- Common dividend increased 7.1% to $0.755/share, payable Jan 6, 2026 to holders of record Dec 15, 2025.