$0.92 EPS Expected for Regency Centers (REG); Mcgrath Rentcorp (MGRC) Has 1.17 Sentiment

January 14, 2018 - By Marie Mckinney

Analysts expect Regency Centers Corporation (NYSE:REG) to report $0.92 EPS on February, 8 after the close.They anticipate $0.06 EPS change or 6.98% from last quarter’s $0.86 EPS. REG’s profit would be $156.83M giving it 17.41 P/E if the $0.92 EPS is correct. After having $0.95 EPS previously, Regency Centers Corporation’s analysts see -3.16% EPS growth. The stock decreased 0.48% or $0.31 during the last trading session, reaching $64.06. About 943,886 shares traded or 9.21% up from the average. Regency Centers Corporation (NYSE:REG) has declined 19.56% since January 14, 2017 and is downtrending. It has underperformed by 36.26% the S&P500.

McGrath RentCorp, a business to business rental company, rents and sells relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. The company has market cap of $1.19 billion. It operates through four divisions: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. It has a 26 P/E ratio. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office space, and various other purposes; and portable storage containers.

The stock increased 1.45% or $0.71 during the last trading session, reaching $49.66. About 78,103 shares traded. McGrath Rentcorp (MGRC) has risen 25.54% since January 14, 2017 and is uptrending. It has outperformed by 8.84% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 8 insider sales for $954,261 activity.

Hcsf Management Llc holds 12.38% of its portfolio in McGrath Rentcorp for 387,830 shares. Walthausen & Co. Llc owns 492,175 shares or 2.01% of their US portfolio. Moreover, Skyline Asset Management Lp has 1.46% invested in the company for 422,100 shares. The Florida-based Deprince Race & Zollo Inc has invested 0.99% in the stock. Capital Management Associates Ny, a New York-based fund reported 7,000 shares.

Analysts await McGrath Rentcorp (NASDAQ:MGRC) to report earnings on February, 27. They expect $0.55 EPS, up 37.50% or $0.15 from last year’s $0.4 per share. MGRC’s profit will be $13.21M for 22.57 P/E if the $0.55 EPS becomes a reality. After $0.69 actual EPS reported by McGrath Rentcorp for the previous quarter, Wall Street now forecasts -20.29% negative EPS growth.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.06, from 1.09 in 2017Q2. It increased, as 23 investors sold Regency Centers Corporation shares while 107 reduced holdings. 33 funds opened positions while 116 raised stakes. 154.04 million shares or 1.05% more from 152.45 million shares in 2017Q2 were reported. Landscape Capital Limited Com holds 0.54% or 86,200 shares in its portfolio. Jefferies Ltd Limited Liability Company invested in 0.01% or 14,900 shares. Bnp Paribas Asset Management Holding Sa holds 0.05% of its portfolio in Regency Centers Corporation (NYSE:REG) for 91,184 shares. Virginia Retirement Et Al has 0.43% invested in Regency Centers Corporation (NYSE:REG) for 573,600 shares. Wolverine Asset Mngmt Limited Liability Corp invested in 0% or 4,899 shares. Moreover, Employees Retirement System Of Texas has 0.11% invested in Regency Centers Corporation (NYSE:REG). M&T State Bank Corp invested in 0% or 11,329 shares. The Georgia-based Invesco has invested 0.04% in Regency Centers Corporation (NYSE:REG). Franklin Res Incorporated accumulated 276,934 shares. Retirement System Of Alabama owns 71,787 shares for 0.02% of their portfolio. The New York-based Cibc Ww Mkts Corp has invested 0.01% in Regency Centers Corporation (NYSE:REG). Financial Services Corporation stated it has 20 shares or 0% of all its holdings. Ameriprise Financial Inc stated it has 0.01% of its portfolio in Regency Centers Corporation (NYSE:REG). Legal And General Grp Public Ltd Limited Liability Company has invested 0.05% in Regency Centers Corporation (NYSE:REG). Great West Life Assurance Can invested in 0.03% or 177,894 shares.

Since August 23, 2017, it had 0 buys, and 4 sales for $69.60 million activity. KATZMAN CHAIM sold $67.89 million worth of stock or 1.06 million shares. THOMPSON JAMES D. sold $1.03 million worth of stock or 14,983 shares. $174,725 worth of Regency Centers Corporation (NYSE:REG) shares were sold by ROTH ALAN TODD. The insider FIALA MARY LOU sold 7,775 shares worth $511,129.

Among 20 analysts covering Regency Centers Corporation (NYSE:REG), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Regency Centers Corporation had 57 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by BMO Capital Markets on Monday, September 11. The firm earned “Equalweight” rating on Tuesday, July 19 by Barclays Capital. The rating was upgraded by Jefferies to “Buy” on Friday, June 16. The firm earned “Buy” rating on Sunday, August 20 by Jefferies. Boenning \u0026 Scattergood upgraded the stock to “Neutral” rating in Tuesday, October 3 report. The rating was downgraded by Zacks to “Hold” on Thursday, September 3. RBC Capital Markets upgraded the stock to “Top Pick” rating in Thursday, August 17 report. The stock of Regency Centers Corporation (NYSE:REG) earned “Equal-Weight” rating by Barclays Capital on Friday, August 14. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, November 5 report. RBC Capital Markets maintained the stock with “Buy” rating in Monday, June 19 report.

Regency Centers Corporation operates as a real estate investment trust. The company has market cap of $10.92 billion. The company, through its subsidiaries, owns, operates, and develops community and neighborhood shopping centers that are tenanted by grocers, category-leading anchors, specialty retailers, and restaurants. It has a 70.24 P/E ratio. As of December 31, 2006, it owned 218 retail shopping centers located in 22 states and held partial interests in 187 retail shopping centers through joint ventures located in 24 states and the District of Columbia.

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