Earnings Releases·Nov 5, 2026, 5:15 PM ET

Regency Centers — Third Quarter 2026 Earnings Summary

Net Income attributable to common shareholders declined to $75.1 million ($0.41/share) from $106.0 million ($0.58/share) in Q3 2025, driven by a $65.1 million impairment provision, while Nareit FFO rose 8.1% to $1.23/share and Core Operating Earnings increased 8.9% to $1.18/share.
Management raised full-year 2026 guidance for Nareit FFO ($4.86–$4.88), Core Operating Earnings ($4.65–$4.67), and Same Property NOI growth (4.25%+), though Net Income per share guidance was lowered to $2.31–$2.33.
The company executed $101 million in new ground-up development and redevelopment projects during the quarter, completed a $96 million project, and acquired three properties totaling $115 million, with $682 million in estimated net costs for in-process projects.
The Board declared a 6% increase in the common stock dividend to $0.80 per share, while Same Property NOI grew 7.6% year-over-year and same-property occupancy reached 97.0%.
Pro-rata net debt and preferred stock to TTM operating EBITDAre stood at 4.9x as of September 30, 2026, with $1.4 billion available capacity under the revolving credit facility.