REG (Regency Centers) Preferred Stock: $225 Mil (As of Mar. 2026)


REG Regency Centers Corp REG
81 GF Score
Price $81.30
GF Value $76.61
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Regency Centers Preferred Stock?

Regency Centers REG -0.62% 81 Preferred Stock is $225 Mil as of Mar. 2026. GuruFocus rates REG with a GF Score™ of 81/100 and a GF Value™ of $76.61 (Fairly Valued). The stock has 8 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Regency Centers's preferred stock for the quarter that ended in Mar. 2026 was $225 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Regency Centers's Enterprise Value for the quarter that ended in Mar. 2026 was $19,806 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Regency Centers's Book Value per Share for the quarter that ended in Mar. 2026 was $36.42.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Regency Centers's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.68.


Regency Centers  (NAS:REG) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Regency Centers's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Regency Centers's Book Value per Share for the quarter that ended in Mar. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Regency Centers's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Regency Centers Preferred Stock Related Terms


Regency Centers Preferred Stock Historical Data

* Premium members only.

The historical data trend for Regency Centers's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Regency Centers Preferred Stock Chart

Regency Centers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 225.00 225.00 225.00

Regency Centers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 225.00 225.00 225.00 225.00 225.00
REG
81GF Score
Regency Centers Corp REG
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Regency Centers Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of $225 Mil mean?
Regency Centers (REG) has a Preferred Stock of $225 Mil as of Mar. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Regency Centers and its competitors.
Is Regency Centers' Preferred Stock too high?
Regency Centers' current Preferred Stock is $225 Mil. Overall, Regency Centers has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Regency Centers' Preferred Stock compare to KIM and FRT?
Regency Centers' Preferred Stock of $225 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a REITs company?
A good Preferred Stock depends on the REITs industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Regency Centers and its competitors. Regency Centers's current Preferred Stock is $225 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regency Centers stock overvalued right now?
Based on GuruFocus' analysis, Regency Centers (REG) is currently considered Fairly Valued. The stock's GF Value™ is $76.61, compared to a current price of $81.30 — trading 6.1% above its estimated fair value. The current Preferred Stock is $225 Mil. Regency Centers' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Regency Centers (REG), the current Preferred Stock is $225 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Regency Centers (REG) Overvalued in 2026?

Based on GuruFocus' analysis, Regency Centers stock appears to be overvalued. The current stock price of $81.30 is trading 6.1% above its estimated GF Value™ of $76.61. GuruFocus considers Regency Centers to be Fairly Valued.

Key valuation signals for REG:

  • Preferred Stock: $225 Mil
  • GF Value™: $76.61 vs. price of $81.30 (6.1% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the REG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Regency Centers Business Description

Industry Real EstateREITs
Address One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202
Regency Centers is one of the largest shopping center-focused retail REITs. The company's portfolio includes an interest in 481 properties, which includes over 58 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
81GF Score

Get the complete analysis for REG

Preferred Stock is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$81.30
Price
$76.61
GF Value