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Flywire Corporation (FLYW) Q1 2026 Earnings Call Transcript

BOSTON, May 15, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”), a global payments enablement and software company, today announced a significant step in the execution of its previously announced plan to repurchase up to $50 million shares of its common stock. In connection with its First Quarter 2026 earnings release, Flywire announced an intention to enter into an accelerated share repurchase (ASR) program of up to $50 million in shares as part of its existing $300 million share repurchase program - a direct expression of the Company's confidence in its long-term value and its disciplined approach to capital allocation.

May 20, 2026 09:00 ET  | Source: Flywire Corporation

Flywire’s hospitality solutions power digital payments, signatures, and authorizations for nearly 90 Driftwood hotel properties throughout the United States

Flywire’s solutions help Driftwood reduce operational friction and enhance the guest experience across its portfolio of leading hospitality brands such as Hyatt, Marriott, Hilton, IHG and more

BOSTON, May 20, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, today announced the expansion of its partnership with Driftwood Hospitality Management (“Driftwood”), a leading hotel management company, to deploy Flywire's hospitality solutions across nearly 90 U.S. hotel locations. Driftwood, an existing customer of Flywire’s solutions for payments, signatures and authorizations, is rolling out enhanced payments capabilities to further streamline guest transactions and back-office operations.

Driftwood Hospitality Management is renowned for its fully integrated approach to hospitality services. Driftwood manages over 15,000+ rooms across nearly 90 hotels, including brands such as Marriott, Hyatt, Hilton, IHG, and more, as well as with independent boutique hotels. Strong partnerships with these major brands and industry leaders keep Driftwood at the forefront of hospitality. Over its 27-year history, Driftwood’s talented teams have won over 110 awards reflecting its innovation, flexibility, diversity, and focus on results.

Driftwood had already been benefiting from payments, authorization and e-signature solutions - part of Flywire’s portfolio of hospitality solutions - which allowed the hotel management company to significantly accelerate their sales cycle across locations by enabling guests to sign contracts and submit deposits securely from any device, often resulting in a 90% faster turnaround time. To support its growing portfolio and elevate the guest experience, Driftwood moved to modernize its payments infrastructure, replacing outdated manual workflows - including the scanning and emailing of sensitive data - with a secure, scalable solution. In particular, Driftwood needed a platform that could accept and process a variety of payment types - and especially ACH payments - which help them slim down their fees and reduce hidden costs.

Driftwood selected Flywire for its robust global payment capabilities, which not only help eliminate hidden costs but also gives guests a seamless experience. With the rollout of additional Flywire’s payments offerings, Driftwood properties will now be able to:

Guarantee payment by requesting it alongside an e-signature.Implement a lower-risk way to process cards.Accept ACH payments, which cost significantly less to process than credit cards and are less risky than sharing wire instructions. These new payments solutions, combined with existing features like secure online portals, fraud prevention, multi-currency support, and automated reminders, are poised to enhance efficiency and the guest experience across Driftwood's properties. In just five months, Flywire's solutions have already reduced payment processing costs by nearly 30% across 10 of Driftwood properties - with ACH adoption and electronic authorization workflows driving measurable savings across millions in total payment volume.

"Flywire's comprehensive travel and hospitality solutions have really up-leveled our operations,” said Carol Davies, Senior Vice President of Commercial Strategy at Driftwood. “They’ve helped us significantly reduce turnaround time for both payments and contract signatures, while simultaneously lowering the burden of reconciliation and manual data entry. The platform also helps us reduce chargebacks and fosters improved transparency between our sales and finance teams. This technology allows us to operate more efficiently and deliver the elevated, seamless service our guests expect."

“The demands of the hospitality industry are constantly evolving, requiring sophisticated solutions that go beyond basic payment processing to truly embed within and optimize a hotel’s operational workflow,” said Colin Smyth, SVP and GM of Travel at Flywire. “Our hospitality solutions are designed specifically to meet these needs, offering a unified, secure platform for contracts, authorizations, and payments. By expanding their use of Flywire's technology, Driftwood is strategically investing in a best-in-class technology that simplifies complex transactions, elevates the guest journey, and drives tangible efficiencies for their staff.”

About Flywire

Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

Flywire supports more than 5,100** clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X, LinkedIn and Facebook.

**Not including Flywire’s Invoiced and Sertifi acquisitions.

About Driftwood Hospitality Management (DHM)

Driftwood Hospitality Management is an award-winning, third-party hotel management company with a portfolio that includes more than 80 hotels totaling 15,000 rooms throughout North America, Latin America and the Caribbean. Ranked among the Top 20 Hotel Management Companies in the U.S., DHM helps hotel and resort owners achieve success in daily operations, acquisitions and new development, renovations/repositioning, and receiverships. Founded 27 years ago, DHM offers unparalleled expertise in the areas of sales/marketing, revenue management, technology, human resources, procurement, quality control, food & beverage, and accounting/legal services. For more information, visit www.driftwoodhospitality.com.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire's business strategy, expectations and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "project," "target," "plan," "expect," or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at https://www.sec.gov/.The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts

Media Contacts: Sarah King

[email protected]

Investor Relations Contact:

Masha Kahn

[email protected]

Flywire NASDAQ: FLYW CEO Mike Massaro said the payments company is seeing benefits from a strategic review that focused on streamlining operations, improving data and systems, and reinvesting in priority areas.

Speaking in a fireside chat with Tien-Tsin Huang, Payments and IT Services Analyst at JPMorgan, Massaro said Flywire responded to changes in some of its end markets with a “three-pronged approach” that included organizational streamlining, optimization across geographies and products, and reinvestment in selected regions, products and teams.

“We feel really good about the work we did, and I think we’re in a great position to scale,” Massaro said.

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Complex Payments Remain Core to Flywire’s Strategy Massaro said Flywire’s businesses in education, travel, healthcare and B2B payments are tied together by a focus on complex payment flows. He said the company targets clients with challenging billing processes, international payment needs or industry-specific systems of record.

“We like to run in towards complexity as a team,” Massaro said, adding that Flywire uses industry-focused software along with a shared payments platform and infrastructure.

He cited wins with educational institutions such as Cornell and Penn State, as well as Cleveland Clinic in healthcare, as examples of the types of complex payment problems Flywire aims to solve.

Travel Business Focused on Hospitality Expansion Massaro said Flywire’s travel business has two main parts: a hospitality business that is currently “heavily U.S.-centric” and a luxury and experiential travel business. He said the two are about equal in size and both are growing well within Flywire.

The hospitality business includes Sertifi, which Flywire acquired to expand into hotel back-office workflows such as documentation, signatures and payment processing for events including weddings, conferences and corporate gatherings. Massaro said the company is preparing for an international launch of the hospitality product from the end of this year into next year.

He said Sertifi is ahead of schedule on monetizing about $3 billion of payments that had not previously been monetized. Flywire acquired roughly 20,000 hotel locations through Sertifi, mostly in the United States, and has spent the past year integrating the product with Flywire payments and preparing it for global use.

On the luxury and experiential side, Massaro said Flywire has opportunities to expand by geography, subsector and software. He pointed to Southeast Asia, Australia and New Zealand as areas where the company has added go-to-market teams, and cited specialized travel categories such as ocean experiences, golf and cycling.

Massaro said Flywire has not seen an impact yet from Middle East conflict on its travel business, though the company is monitoring international travel flows and fuel-related pressures. He said the Middle East could eventually become a growth region for Flywire in education and travel B2B payments, but it is not a current focus for luxury experiential expansion given the conflict.

Education Business Navigates Visa Headwinds In education, Massaro said Flywire has taken a cautious approach to visa-related assumptions in its guidance. He said the company is assuming flat visa issuance in the U.K. and Canada, and that a 30% drop in U.S. visas is already baked into the company’s guide.

Despite those headwinds, Massaro said Flywire has continued to gain share and grow in education markets. He attributed that performance to the company’s land-and-expand strategy, including deployment of more software to existing clients.

A key priority is Flywire’s Student Financials Solution, or SFS, which Massaro described as a student account portal and billing and payment suite that can handle domestic and international tuition payments, one-time payments and payment plans.

Massaro said SFS is only about 10% penetrated across Flywire’s existing education customers, leaving significant cross-sell opportunity. He said Flywire is currently focused on the top four education geographies, but sees demand in many additional countries where universities still rely on PDF invoices and email-based billing processes.

Healthcare Momentum Includes Large Logo Wins Massaro said Flywire’s healthcare team has made progress in a complex market that typically has lower growth. He highlighted Cleveland Clinic, Endeavor, Cook County and Jackson Health as significant wins.

Flywire is finishing its Cleveland Clinic implementation and is seeing payment volume ramp, Massaro said. He noted that this has contributed to a mix shift in gross margin discussed by the company.

Massaro said there are only so many large hospital systems comparable to Cleveland Clinic, but Flywire will continue pursuing large healthcare deals. He said the business is on a better growth trajectory than it was last year.

AI and Stablecoins Seen as Opportunities Asked whether artificial intelligence could threaten Flywire’s business, Massaro said the company must continue to innovate but argued that Flywire’s regulated global payments infrastructure, embedded industry-specific software, multi-year customer agreements and subject-matter expertise create barriers to disruption.

He said Flywire is using AI internally to improve product and engineering workflows, triage support tickets and increase efficiency. Massaro said the company has seen a 40% reduction in payer support tickets as work has shifted from manual queues to automated agentic processes.

On stablecoins, Massaro said Flywire is evaluating the technology across three areas: acceptance, internal money movement and payout or settlement. He said a stablecoin pilot announced several quarters ago is active across more than 1,000 clients.

Massaro said stablecoin volume remains small relative to Flywire’s total payment volume, but economics so far have been on par with bank transfer. He said demand from Flywire’s large enterprise clients to settle in stablecoins is not yet significant.

However, Massaro said stablecoins could help Flywire move money more efficiently when traditional currency markets are closed, potentially improving speed or economics in certain situations.

Looking broadly at the business, Massaro said Flywire started the year strongly, has continued to gain share and is becoming more efficient. He said the company expanded EBITDA margin by 300 basis points last year and has guided for 275 basis points of expansion this year, while continuing to invest in systems, data and AI to support future scale.

About Flywire NASDAQ: FLYWFlywire Corp NASDAQ: FLYW is a global payments enablement and software company that specializes in facilitating complex cross-border transactions. Its cloud-based platform streamlines receivables and payer workflows across key verticals including education, healthcare, travel and hospitality, and commercial services. Flywire's technology integrates with institutional systems to automate payment posting, reconciliation and reporting, aiming to improve the payer experience and accelerate cash flow for its clients.

Founded in 2009 by entrepreneur Iker Marcaide as peerTransfer, the company rebranded as Flywire in 2015.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Flywire Right Now?Before you consider Flywire, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flywire wasn't on the list.

While Flywire currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

FLYWIRE CORP (FLYW - Free Report) : This company, which operates as a payment enablement and software company, has seen the Zacks Consensus Estimate for its current year earnings increasing 23.5% over the last 60 days.

Lifetime Brands (LCUT - Free Report) : This company, which is a leading designer, marketer and distributor of kitchenware, cutlery & cutting boards, bakeware & cookware, pantryware & spices, tabletop and bath accessories, has seen the Zacks Consensus Estimate for its current year earnings increasing 19.7% over the last 60 day.

Great Elm Capital Group (GECC - Free Report) : This diversified investment company, which operates in investment management, financial products and merchant banking, has seen the Zacks Consensus Estimate for its current year earnings increasing 18.3% over the last 60 days.

Atlanticus (ATLC - Free Report) : This company, which provides credit and related financial services and products, has seen the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

Orla Mining (ORLA - Free Report) : This company, which is primarily engaged in developing the Camino Rojo Oxide Gold Project, an advanced gold and silver open-pit and heap leach project, located in Zacatecas State, Central Mexico, has seen the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Flywire (FLYW - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Flywire currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if FLYW is a promising momentum pick, let's examine some Momentum Style elements to see if this payments company holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For FLYW, shares are up 0.37% over the past week while the Zacks Internet - Software industry is up 1.79% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 17.32% compares favorably with the industry's 2.18% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Flywire have increased 19.35% over the past quarter, and have gained 53.29% in the last year. On the other hand, the S&P 500 has only moved 10.24% and 29.77%, respectively.

Investors should also pay attention to FLYW's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. FLYW is currently averaging 2,510,809 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with FLYW.

Over the past two months, 8 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost FLYW's consensus estimate, increasing from $0.34 to $0.42 in the past 60 days. Looking at the next fiscal year, 8 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that FLYW is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Flywire on your short list.

June 09, 2026 09:00 ET  | Source: Flywire Corporation

Flywire partners with the nation's largest nonprofit scholarship administrator to modernize the billion-dollar industry of scholarship disbursements

Flywire replicates its proven 529 digital delivery model to further embed across the student financial lifecycle

BOSTON, June 09, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, today announced a partnership with Scholarship America, the nation's largest nonprofit scholarship administrator, to power electronic scholarship disbursements to students and institutions in the United States. Following an extensive evaluation, Scholarship America selected Flywire for its reach across nearly 1,000 U.S. higher education institutions and its proven track record digitizing 529 college savings plan disbursements - providing Scholarship America a partner with broad reach and infrastructure already in place from day one. Through the partnership, Flywire will help Scholarship America expand its digital disbursement capabilities, increasing ACH payments delivered directly to students and institutions, while reducing reliance on more than 110,000 paper checks issued annually.

Flywire’s Proven Model, Applied at New Scale

The partnership replicates Flywire’s successful 529 college savings plan disbursement model and applies automation to scholarship payments at significant scale to drive efficiency. In both cases, Flywire solves the same fundamental problem: eliminating paper checks that are slow, difficult to reconcile, and prone to delays that can block student registration and create administrative backlogs for institutions. The Flywire solution digitizes these flows end-to-end, posting disbursements directly into institutions’ student systems and giving all parties real-time visibility into the 529 payment or scholarship award status.

With 529 disbursements, Flywire demonstrated it could eliminate a multi-step, manual process and replace it with a fully digital path to payment and reconciliation. Since launching the 529 solution, Flywire has delivered more than $9 billion in electronic 529 tuition payments directly to colleges and universities, across more than 800 institutions. The Scholarship America partnership extends that proven capability to a new, high-volume funding source, with the same streamlined institutional integration at its core.

Enabling More of the Student Financial Journey

The partnership brings together two organizations with complementary strengths across the student funding lifecycle at a time when affordability remains a growing concern for students and institutions worldwide. Combining Scholarship America’s expertise in scholarship administration, donor stewardship, and student support with Flywire’s global payment infrastructure and digital disbursement capabilities, the collaboration creates a more seamless scholarship experience for donors, institutions, and students alike. Together, the organizations are working to reduce friction in the student funding process, helping scholarship dollars reach recipients more efficiently and securely while maximizing their impact on student success.

The market opportunity is substantial. Scholarship America alone has distributed more than $6 billion in scholarships to over 3.5 million students since 1958. Each year, Scholarship America administers more than 1,350 unique scholarship programs on behalf of Fortune 500 companies, federal agencies, local governments, small businesses, foundations, and individual philanthropists. In 2025 alone, the organization awarded more than 100,000 students with $337 million in scholarships. By combining Scholarship America’s scale and trusted relationships with Flywire’s digital payment capabilities, the partnership has the potential to improve the student experience, helping scholarship funds reach recipients more quickly and efficiently while strengthening support for students throughout their educational journey.

“Scholarship America is committed to eliminating every possible barrier to educational success, and that includes the administrative friction of fund distribution,” said Mike Nylund, President & CEO of Scholarship America. “In evaluating a partner to modernize our disbursement process, Flywire’s proven track record with 529 plans and their deep integration into the higher education ecosystem made them the clear choice. Providing a seamless digital experience, powered by Flywire, allows us to serve our students and institutional partners with the speed, transparency, and security they deserve.”

“Our partnership with Scholarship America represents a natural extension of our mission to solve the most complex payment challenges in higher education,” said Sharon Butler, Co-President of Global Education at Flywire. “By digitizing the manual, paper-based processes that have historically slowed down scholarship distribution, we are not only driving massive administrative efficiencies for institutions, but more importantly, we are ensuring students get the financial support they need, exactly when they need it. This further solidifies Flywire’s role as an essential component of the student financial journey.”

Better Outcomes for Every Stakeholder

The shift to electronic payments delivers meaningful improvements across the board. Students receive funds faster and directly into their institutional accounts, eliminating delays to registration and billing. Built-in tracking tools give recipients real-time visibility into payment status. Scholarship sponsors gain enhanced reporting and fewer administrative issues. And institutions benefit from reduced back-office processing.

Resources

To learn more about Flywire’s scholarship disbursement solution, visit here  Flywire and Scholarship America will be hosting a webinar, Moving Beyond the Paper Check, on June 10th from 1-2 pm ET. To register live or watch the recording, sign up here. About Flywire

Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

Flywire supports more than 5,100** clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn, and Facebook.

**Not including Flywire’s Invoiced and Sertifi acquisitions.

About Scholarship America

Scholarship America is the nation's largest nonprofit scholarship administrator, dedicated to eliminating barriers to educational success. Since 1958, Scholarship America has distributed more than $6 billion to over 3.5 million students, administering 1,350+ unique scholarship programs on behalf of Fortune 500 companies, federal agencies, foundations, and individual philanthropists. In 2025, Scholarship America awarded more than 100,000 students with $337 million in scholarships. Learn more at scholarshipamerica.org.

Forward Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire's education business, business strategy, expectations and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "project," "target," "plan," "expect," or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at https://www.sec.gov/.The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts

Media Contacts: Sarah King

[email protected]

Investor Relations Contact:

Masha Kahn

[email protected]

Investors with an interest in Internet - Software stocks have likely encountered both Flywire (FLYW - Free Report) and Cloudflare (NET - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Flywire and Cloudflare are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that FLYW has an improving earnings outlook. But this is only part of the picture for value investors.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.

FLYW currently has a forward P/E ratio of 33.25, while NET has a forward P/E of 209.19. We also note that FLYW has a PEG ratio of 0.95. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. NET currently has a PEG ratio of 7.80.

Another notable valuation metric for FLYW is its P/B ratio of 2.01. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, NET has a P/B of 57.37.

These metrics, and several others, help FLYW earn a Value grade of B, while NET has been given a Value grade of F.

FLYW stands above NET thanks to its solid earnings outlook, and based on these valuation figures, we also feel that FLYW is the superior value option right now.

Posted by Defense World Staff on Apr 13th, 2026

Massachusetts Financial Services Co. MA lowered its position in Highwoods Properties, Inc. (NYSE:HIW – Free Report) by 12.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,513,298 shares of the real estate investment trust’s stock after selling 789,452 shares during the period. Massachusetts Financial Services Co. MA owned 5.02% of Highwoods Properties worth $142,353,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of HIW. Royal Bank of Canada raised its stake in shares of Highwoods Properties by 12.7% in the first quarter. Royal Bank of Canada now owns 177,942 shares of the real estate investment trust’s stock worth $5,275,000 after purchasing an additional 19,998 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Highwoods Properties by 15.5% in the first quarter. Goldman Sachs Group Inc. now owns 822,655 shares of the real estate investment trust’s stock worth $24,383,000 after purchasing an additional 110,489 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Highwoods Properties by 10.4% in the first quarter. Empowered Funds LLC now owns 13,243 shares of the real estate investment trust’s stock worth $393,000 after purchasing an additional 1,248 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Highwoods Properties by 292.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,680 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 1,252 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Highwoods Properties by 9.4% in the second quarter. Cetera Investment Advisers now owns 17,846 shares of the real estate investment trust’s stock worth $555,000 after purchasing an additional 1,534 shares during the last quarter. 96.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In Several analysts have recently commented on the company. Citigroup lowered their price objective on Highwoods Properties from $30.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Truist Financial lowered their price objective on Highwoods Properties from $29.00 to $23.00 and set a “hold” rating for the company in a research note on Tuesday, March 17th. Robert W. Baird set a $29.00 price objective on Highwoods Properties in a research note on Wednesday, February 25th. Wall Street Zen raised Highwoods Properties from a “sell” rating to a “hold” rating in a research report on Monday, March 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Highwoods Properties in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $27.67.

Read Our Latest Report on HIW

Highwoods Properties Stock Performance Shares of HIW opened at $22.46 on Monday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 15.38 and a beta of 1.05. The stock has a 50 day moving average of $22.63 and a 200 day moving average of $26.06. Highwoods Properties, Inc. has a 12 month low of $20.45 and a 12 month high of $32.76.

Highwoods Properties (NYSE:HIW – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.58). The business had revenue of $203.36 million for the quarter, compared to analysts’ expectations of $208.08 million. Highwoods Properties had a net margin of 20.10% and a return on equity of 6.86%. The business’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.85 earnings per share. Highwoods Properties has set its FY 2026 guidance at 3.400-3.680 EPS. As a group, sell-side analysts forecast that Highwoods Properties, Inc. will post 3.36 earnings per share for the current year.

Highwoods Properties Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend was Tuesday, February 17th. Highwoods Properties’s dividend payout ratio (DPR) is presently 136.99%.

About Highwoods Properties (Free Report)

Highwoods Properties, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops, leases and manages office properties. The company’s portfolio is primarily focused on Class A office space, with an emphasis on high-quality buildings in key urban and suburban submarkets. Highwoods seeks to generate long-term, recurring revenues through a mix of in-place lease renewals, strategic dispositions and build-to-suit developments. Its asset management platform drives operational efficiencies and tenant service initiatives across its holdings.

Founded in 1970 and headquartered in Raleigh, North Carolina, Highwoods Properties has expanded its presence to eight major metropolitan regions across the Southeastern United States and Texas.

Further Reading Five stocks we like better than Highwoods Properties Want to see what other hedge funds are holding HIW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Highwoods Properties, Inc. (NYSE:HIW – Free Report).

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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

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Stock to Watch: Highwoods Properties (HIW - Free Report) Raleigh, NC-based Highwoods Properties, Inc. is an office real estate investment trust (REIT) that owns, develops, acquires, leases and manages office properties. Its core portfolio consists of properties in the best business districts (BBDs) within its footprint of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa.

HIW is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Finance stock. HIW has a Momentum Style Score of B, and shares are up 7% over the past four weeks.

One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.00 to $3.55 per share. HIW boasts an average earnings surprise of +3.3%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, HIW should be on investors' short list.

April 22, 2026 16:20 ET  | Source: Highwoods Properties, Inc.

RALEIGH, N.C., April 22, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) today announced that the Company’s Board of Directors has authorized the repurchase of up to $250 million of outstanding shares of common stock under a new stock repurchase program. The Company anticipates funding any stock repurchases on a leverage-neutral basis using the net proceeds from the sale of non-core assets.

The Company may purchase shares of common stock from time to time in amounts and at prices determined by the Company in its discretion. Shares of common stock may be repurchased in the open market or in privately negotiated transactions (which may include block trades). The common stock repurchase program does not have an expiration date, does not obligate the Company to repurchase any dollar amount or number of shares and may be suspended, modified or discontinued at any time without prior notice.

About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution of commercial real estate for the benefit of our customers, our communities and those who invest with us. Our mission is to create environments and experiences that inspire our teammates and our customers to achieve more together. We are in the work-placemaking business and believe that by creating exceptional environments and experiences, we can deliver greater value to our customers, their teammates and, in turn, our shareholders. For more information about Highwoods, please visit our website at www.highwoods.com.

Forward-Looking Statements
Some of the information in this press release may contain forward-looking statements. Such statements include, in particular, statements about the common stock repurchase program and our plans, strategies and prospects such as the following: the expected financial and operational results and the related assumptions underlying our expected results; the planned sales of non-core assets and expected pricing and impact with respect to such sales, including the tax impact of such sales; the anticipated total investment, projected leasing activity, estimated replacement cost and expected net operating income of acquired properties and properties to be developed; and expected future leverage of the Company. You can identify forward-looking statements by our use of forward-looking terminology such as “may,” “will,” “expect,” “anticipate,” “estimate,” “continue” or other similar words. Although we believe that our plans, intentions and expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that our plans, intentions or expectations will be achieved.

Factors that could cause our actual results to differ materially from Highwoods’ current expectations include, among others, the following: the financial condition of our customers could deteriorate; our assumptions regarding potential losses related to customer financial difficulties could prove incorrect; counterparties under our debt instruments, particularly our revolving credit facility, may attempt to avoid their obligations thereunder, which, if successful, would reduce our available liquidity; we may not be able to lease or re-lease second generation space, defined as previously occupied space that becomes available for lease, quickly or on as favorable terms as old leases; we may not be able to lease newly constructed buildings as quickly or on as favorable terms as originally anticipated; we may not be able to complete development, acquisition, reinvestment, disposition or joint venture projects as quickly or on as favorable terms as anticipated; development activity in our existing markets could result in an excessive supply relative to customer demand; our markets may suffer declines in economic and/or office employment growth; increases in interest rates could increase our debt service costs; increases in operating expenses could negatively impact our operating results; natural disasters and climate change could have an adverse impact on our cash flow and operating results; we may not be able to meet our liquidity requirements or obtain capital on favorable terms to fund our working capital needs and growth initiatives or repay or refinance outstanding debt upon maturity; and the Company could lose key executive officers.

This list of risks and uncertainties, however, is not intended to be exhaustive. You should also review the other cautionary statements we make in “Risk Factors” set forth in our 2025 Annual Report on Form 10-K. Given these uncertainties, you should not place undue reliance on forward-looking statements. We undertake no obligation to publicly release the results of any revisions to these forward-looking statements to reflect any future events or circumstances or to reflect the occurrence of unanticipated events.

Contact:Brendan Maiorana
Executive Vice President and Chief Financial Officer
[email protected]
919-872-4924  

Highwoods Properties (HIW - Free Report) came out with quarterly funds from operations (FFO) of $0.84 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.83 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of +0.14%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.84 per share when it actually produced FFO of $0.9, delivering a surprise of +7.14%.

Over the last four quarters, the company has surpassed consensus FFO estimates three times.

Highwoods Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $214.03 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.89%. This compares to year-ago revenues of $200.38 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

Highwoods Properties shares have lost about 6.7% since the beginning of the year versus the S&P 500's gain of 4.8%.

What's Next for Highwoods Properties?While Highwoods Properties has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Highwoods Properties was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $0.89 on $208.66 million in revenues for the coming quarter and $3.55 on $843.21 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Terreno Realty (TRNO - Free Report) , has yet to report results for the quarter ended March 2026.

This industrial real estate company is expected to post quarterly earnings of $0.67 per share in its upcoming report, which represents a year-over-year change of +8.1%. The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level.

Terreno Realty's revenues are expected to be $121.1 million, up 9.7% from the year-ago quarter.

Highwoods Properties, Inc. (HIW) Q1 2026 Earnings Call Transcript

RALEIGH, N.C., May 11, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has published its 2025 Corporate Resiliency Report, which highlights the Company’s ongoing commitment to owning and operating a resilient, high-quality office portfolio that thrives in all economic cycles.

To view the report, please visit the investors section of our website at www.highwoods.com or click on the following link:

Highwoods 2025 Corporate Resiliency Report

About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution of commercial real estate for the benefit of our customers, our communities and those who invest with us. Our mission is to create environments and experiences that inspire our teammates and our customers to achieve more together. We are in the work-placemaking business and believe that by creating exceptional environments and experiences, we can deliver greater value to our customers, their teammates and, in turn, our shareholders. For more information about Highwoods, please visit our website at www.highwoods.com.

Contact:
Brendan Maiorana
Executive Vice President and Chief Financial Officer
[email protected]
919-872-4924

Highwoods Properties earns a 'Hold' rating due to mixed growth signals, despite beating Q1 estimates and offering a 7%+ dividend yield. HIW's Sunbelt focus, recent investments, and high occupancy outlook support potential upside, but unsteady revenue and declining EBITDA margins temper enthusiasm. Dividend coverage is strong with a 1.68x AFFO payout, yet five-year dividend growth remains flat, limiting its appeal beyond yield-focused investors.

The Zacks REIT and Equity Trust - Retail industry appears well-placed for growth as need-based retail gains momentum. Centers anchored by grocery, discount, healthcare and other essential tenants enjoy steady traffic and more dependable leasing demand. Limited new supply also supports rents, occupancy and property values.

Physical stores continue to play an important role as shopping destinations, pickup and return points and local fulfillment hubs, enhancing the value of quality retail space. Companies such as Simon Property Group (SPG - Free Report) , Kimco Realty (KIM - Free Report) and Regency Centers (REG - Free Report) are positioned to benefit. Still, economic and geopolitical uncertainty could pressure discretionary spending and leasing activity.

Industry Description The Zacks REIT and Equity Trust - Retail industry comprises REITs that own, develop, manage and lease various retail properties, including regional malls, outlet centers, grocery-anchored shopping venues and power centers with big-box retailers. Net lease REITs focus on freestanding properties, where tenants bear rent and most operating expenses. Retail REIT performance is significantly impacted by economic conditions, employment levels and consumer spending trends. Key drivers of demand include the geographic location of properties and the demographics of surrounding trade areas. While the industry faced significant challenges from declining foot traffic, store closures and retailer bankruptcies in the past, it is now experiencing a rebound, driven by renewed consumer interest in in-store shopping, signaling a positive shift in the retail landscape.

What's Shaping the Future of the REIT and Equity Trust - Retail Industry? Need-Based Retail Is Bringing More Stable Demand: Need-based retail is emerging as a key force shaping the future of the retail REIT industry. Centers anchored by grocery, discount, healthcare and other essential tenants are better positioned because they meet everyday consumer needs. Consistent traffic helps support stable tenant demand and a more dependable leasing environment. As retailers grow more selective about expansion, properties tied to non-discretionary spending gain an edge. Going forward, performance will depend not only on size alone but also more on convenience, value, daily relevance and a strong mix of essential tenants. For retail REITs, this creates a positive path forward, especially for landlords that already own centers with a healthy mix of essential and value-oriented tenants.

Limited New Supply Is Helping Keep Fundamentals Firm: Another encouraging factor for the sector is the limited addition of new retail space. With development remaining subdued, existing properties face less competition from new projects. This creates a healthier operating backdrop, as landlords do not need exceptionally strong demand to maintain solid fundamentals. Even if leasing slows temporarily, a thin supply pipeline can keep the market from weakening too much. For retail REITs, this supports rents, protects occupancy, enhances the value of existing centers and gives owners more room to improve current assets.

Physical Stores Still Matter Even in a Digital World: Another positive is that stores now serve multiple functions beyond traditional shopping. They support pickup, returns, local fulfillment and impulse purchases linked to online orders, making quality retail space more valuable. For retail REITs, this helps sustain occupancy and strengthens the role of well-located centers in modern retail strategies. The best properties now function as storefronts, service hubs and logistics support points, making them more adaptable, relevant and difficult to replace as shopping habits evolve.

Economic and Global Uncertainty Is Keeping Consumers in Focus: The main concern for retail REITs is that consumer behavior is increasingly influenced by broader economic and geopolitical uncertainty. While spending remains intact, shoppers are becoming more cautious and selective, with a greater focus on essentials and value. This makes discretionary demand less predictable and can affect retailer confidence, store expansion and leasing activity. As a result, landlords may face a more uneven environment. REITs with strong exposure to everyday-use categories should remain relatively stable, while those tied more closely to discretionary spending are likely to encounter greater pressure ahead.

Zacks Industry Rank Indicates Bright Prospects The Zacks REIT and Equity Trust - Retail industry is housed within the broader Zacks Finance sector. It carries a Zacks Industry Rank #33, which places it in the top 14% of 244 Zacks industries.

The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates robust near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of the upward funds from operations (FFO) per share outlook for the constituent companies in aggregate. Looking at the aggregate FFO per share estimate revisions, it appears that analysts are gaining confidence in this group’s growth potential. Over the past year, the industry’s FFO per share estimates for 2026 and 2027 have moved 1.8% and 1.7% north, respectively.

Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock market performance and valuation picture.

Industry Outperforms Sector, Lags S&P 500 The REIT and Equity Trust - Retail Industry has outperformed the broader Zacks Finance sector but lagged the S&P 500 composite over the past year.

The industry has risen 24.5% during this period compared with the S&P 500’s rise of 36.5% and the broader Finance sector’s growth of 19.4%.

One-Year Price Performance

Industry's Current Valuation On the basis of the forward 12-month price-to-FFO, which is a commonly used multiple for valuing retail REITs, we see that the industry is currently trading at 17.18X compared with the S&P 500’s forward 12-month price-to-earnings (P/E) of 22.05X. The industry is trading above the Finance sector’s forward 12-month P/E of 16.38X. These are shown in the chart below.

Forward 12 Month Price-to-FFO (P/FFO) Ratio

Over the last five years, the industry has traded as high as 18.89X and as low as 12.21X, with a median of 15.15X.

3 Retail REIT Stocks to Buy Simon Property Group: This retail REIT, based in Indianapolis, IN, is among the world’s premier retail real estate owners, with a focus on high-quality malls, premium outlets and mixed-use destinations in the United States and abroad. Its portfolio is centered on strong markets, recognized brands and differentiated experiences that help keep its properties attractive to both retailers and consumers.

As of Dec. 31, 2025, SPG held interests in 212 income-producing U.S. properties and 42 international assets, including malls, Premium Outlets and The Mills. In 2025, the company generated record real estate FFO, highlighting the strength of its platform and asset base.

Simon Property Group’s investment case is supported by stable operations and multiple growth drivers, including redevelopments and selective acquisitions. U.S. malls and Premium Outlets ended 2025 with 96.4% occupancy, while average base minimum rent increased 4.7% to $60.97 per square foot, and retailer sales reached $799 per square foot.

SPG also returned $3.5 billion to shareholders, completed 23 redevelopments and acquired $2 billion of high-quality retail assets. This balance of stable cash generation, disciplined capital allocation and ongoing property upgrades supports a compelling long-term growth story and reinforces SPG’s appeal as a high-quality retail real estate leader.

Analysts seem bullish on this stock, with the Zacks Consensus Estimate for its 2026 and 2027 FFO per share being revised upward to $13.19 and $13.61, respectively, over the past month.

Simon Property currently carries a Zacks Rank #2 (Buy). The stock has risen 10.6% over the past three months.  You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Price and Consensus: SPG

Kimco Realty Corporation: Headquartered in Jericho, NY, Kimco is a leading open-air shopping center REIT with a strong focus on grocery-anchored centers in affluent first-ring suburban markets.

At the end of 2025, the company had interests in 565 properties totaling roughly 100 million square feet, with 86% of annual base rent generated from grocery-anchored assets.

This necessity-based strategy supports resilient performance, steady customer traffic and relevance across varying economic conditions. Kimco’s emphasis on premium locations, solid tenant relationships and mixed-use opportunities strengthens its ability to create lasting value.

Kimco stands out for its blend of dependable cash flow and clear growth potential. Management cited strong leasing activity, record occupancy and a large signed-but-not-open pipeline that should drive future rent gains.

In 2025, FFO per share increased 6.7%, occupancy reached 96.4%, and the signed-but-not-open pipeline climbed to a record $73 million of ABR. Backed by $2.2 billion in liquidity and strong credit ratings, Kimco remains financially well-positioned.

KIM currently has a Zacks Rank #2. The Zacks Consensus Estimate for its 2026 FFO per share has been raised marginally over the past month to $1.82, indicating a 3.41% year-over-year increase. The consensus mark for 2027 FFO per share has also been revised upward and calls for a 3.95% increase year over year. The stock has rallied 14.1% over the past three months.

Price and Consensus: KIM

Regency Centers Corporation: Based in Jacksonville, FL, Regency Centers is a retail REIT specializing in open-air shopping centers located in affluent suburban trade areas. The company owns, operates and develops a high-quality portfolio that is heavily focused on grocery-anchored properties, typically bringing together grocers, restaurants, service businesses and other necessity-driven retailers.

Its platform includes more than 480 properties, above 58 million square feet of space and more than 9,000 tenants, with more than 85% of its centers anchored by grocery stores. This broad national footprint underscores Regency’s emphasis on necessity-based retail and strong tenant quality.

What stands out is the balance of quality and growth. At the end of 2025, the portfolio was 96.5% leased, highlighting healthy demand for its properties, while same-property NOI growth was 5.3% for the year.

The company also maintains a solid balance sheet, with net debt to EBITDAre of 5.1X, providing the flexibility to support redevelopment activity and future investments. Overall, Regency offers stable cash flows, prudent capital allocation and clear long-term growth prospects.

Regency Centers currently carries a Zacks Rank #2. Over the past month, the Zacks Consensus Estimate for 2026 and 2027 FFO per share has witnessed upward revisions to $4.85 and $5.07, calling for a 4.53% and 4.63% increase year over year, respectively. The stock has appreciated 12.9% over the past three months.

Price and Consensus: REG

Note: Funds from operations (FFO) is a widely used metric to gauge the performance of REITs rather than net income as it indicates cash flow from their operations. FFO is obtained after adding depreciation and amortization to earnings and subtracting the gains on sales.

JACKSONVILLE, Fla., April 29, 2026 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency Centers,” “Regency” or the “Company”) (Nasdaq: REG) today reported financial and operating results for the period ended March 31, 2026, and provided updated 2026 earnings guidance. For the three months ended March 31, 2026 and 2025, Net Income Attributable to Common Shareholders was $0.68 and $0.58, respectively, per diluted share.

First Quarter 2026 Highlights

Reported Nareit Funds From Operations (“FFO”) of $1.20 per diluted share and Core Operating Earnings of $1.16 per diluted shareIncreased Same Property Net Operating Income (“NOI”) year-over-year by 4.4%Same Property percent leased ended the quarter at 96.6%, flat year-over-year, and Same Property percent commenced ended the quarter at 94.3%, up 90 basis points year-over-yearSame Property anchor percent leased ended the quarter at 98.2%, and Same Property shop percent leased ended the quarter at 94.1%Executed 1.5 million square feet of comparable new and renewal leases during the quarter at blended rent spreads of 12.1% on a cash basis and 24.3% on a straight-lined basisStarted $73 million of redevelopment projects and completed $42 million of ground-up development and redevelopment projectsAs of March 31, 2026, Regency’s in-process development and redevelopment projects had estimated net project costs of $635 million at a blended estimated yield of 9%The Company’s operating partnership, Regency Centers, L.P., priced a public offering of $450 million of senior unsecured notes due 2033 at a coupon of 4.50%Pro-rata net debt and preferred stock to TTM operating EBITDAre at March 31, 2026 was 5.2xReaffirmed 2026 earnings guidance for Nareit FFO, Core Operating Earnings, and Same Property NOI growth “We delivered an outstanding start to the year, driven by strong Same Property NOI growth, continued robust tenant demand, and meaningful momentum across our investments platform,” said Lisa Palmer, President and Chief Executive Officer. “Our differentiated growth strategy, anchored by high-quality trade areas, a leading development platform, a strong balance sheet and our exceptional team, continues to position Regency to deliver durable and consistent results.”

Financial Results

Net Income Attributable to Common Shareholders

For the three months ended March 31, 2026, Net Income Attributable to Common Shareholders was $125.1 million, or $0.68 per diluted share, compared to Net Income Attributable to Common Shareholders of $106.2 million, or $0.58 per diluted share, for the same period in 2025. Nareit FFO

For the three months ended March 31, 2026, Nareit FFO was $224.3 million, or $1.20 per diluted share, compared to $210.7 million, or $1.15 per diluted share, for the same period in 2025. Core Operating Earnings

For the three months ended March 31, 2026, Core Operating Earnings was $216.5 million, or $1.16 per diluted share, compared to $199.4 million, or $1.09 per diluted share, for the same period in 2025. Portfolio Performance

NOI

First quarter 2026 Same Property NOI increased by 4.4% compared to the same period in 2025. Same Property base rent growth contributed 3.6% to Same Property NOI growth in the first quarter of 2026. First quarter 2026 NOI increased by 8.4% compared to the same period in 2025. Occupancy

As of March 31, 2026, Regency’s Same Property portfolio was 96.6% leased, an increase of 10 basis points sequentially, and flat compared to March 31, 2025. Same Property anchor percent leased, which includes spaces greater than or equal to 10,000 square feet, was 98.2%.Same Property shop percent leased, which includes spaces less than 10,000 square feet, was 94.1%. As of March 31, 2026, Regency’s Same Property portfolio was 94.3% commenced, an increase of 20 basis points sequentially and an increase of 90 basis points compared to March 31, 2025. Leasing Activity

During the three months ended March 31, 2026, Regency executed approximately 1.5 million square feet of comparable new and renewal leases at a blended cash rent spread of +12.1% and a blended straight-lined rent spread of +24.3%.During the twelve months ended March 31, 2026, Regency executed approximately 6.9 million square feet of comparable new and renewal leases at a blended cash rent spread of +11.7% and a blended straight-lined rent spread of +22.7%. Capital Allocation and Balance Sheet

Developments and Redevelopments

For the three months ended March 31, 2026, the Company started redevelopment projects with estimated net project costs of approximately $73 million, at the Company’s share. First quarter starts included Crystal Brook Corner, a $59 million redevelopment project on Long Island in New York. For the three months ended March 31, 2026, the Company completed approximately $42 million of ground up development and redevelopment projects. First quarter completions included Oakley Shops at Laurel Fields, a 78K square foot Safeway-anchored ground-up development project in California’s Bay Area. As of March 31, 2026, Regency’s in-process development and redevelopment projects had estimated net project costs of $635 million at the Company’s share, 46% of which had been incurred. Property Transactions

Effective January 1, 2026, the Company acquired its partner’s 60% interest in Haddon Commons in Westmont, NJ for approximately $6 million, and now owns 100% of the asset. Balance Sheet

On February 4, 2026, Regency’s Board of Directors authorized a refreshed share repurchase program, which authorizes the repurchase by Regency of up to $500 million of its common stock. The program will remain in place until February 28, 2029 unless earlier modified, extended or terminated in the discretion of the Board. The timing and price of share repurchases, if any, will be dependent upon market conditions and other factors.As of March 31, 2026, Regency had approximately $1.5 billion of available capacity under its revolving credit facility.As of March 31, 2026, Regency’s pro-rata net debt and preferred stock to TTM operating EBITDAre was 5.2x.As previously disclosed, on February 18, 2026, the Company’s operating partnership, Regency Centers, L.P., priced a public offering of $450 million of senior unsecured notes due 2033 with a coupon of 4.50%. 2026 Guidance

Regency Centers is providing updated 2026 Guidance, as summarized in the table below. Please refer to the Company’s first quarter 2026 “Earnings Presentation” and “Quarterly Supplemental Disclosure” for additional detail. All materials are posted on the Company’s website at investors.regencycenters.com.

Full Year 2026 Guidance (in thousands, except per share data)YTD ActualCurrent
2026 GuidancePrior
2026 GuidanceNet Income Attributable to Common Shareholders per diluted share$0.68$2.45 - $2.49$2.35 - $2.39Nareit Funds From Operations (“Nareit FFO”) per diluted share$1.20$4.83 - $4.87$4.83 - $4.87Core Operating Earnings per diluted share(1)$1.16$4.59 - $4.63$4.59 - $4.63Same property NOI growth4.4%+3.25% to +3.75%+3.25% to +3.75%Non-cash revenues(2)$9,693+/-$51,000+/- $51,000G&A expense, net(3)$24,894$96,000-$100,000$96,000-$100,000Interest expense, net and Preferred stock dividends(4)$60,962$250,000-$252,000$250,000-$252,000Management, transaction and other fees$6,652+/-$27,000+/-$27,000Development and Redevelopment spend$100,700+/-$350,000+/-$325,000Acquisitions$6,300+/-$25,000$0Cap rate (weighted average)7.3%+/- 5.9%0.0%Dispositions$0$0$0Cap rate (weighted average)0.0%0.0%0.0%
Note: Figures above represent 100% of Regency’s consolidated entities and its pro-rata share of unconsolidated real estate partnerships, with the exception of items that are net of noncontrolling interests including per share data, “Development and Redevelopment spend,” “Acquisitions,” and “Dispositions”.
(1) Core Operating Earnings excludes fromNareitFFO: (i) transaction related income or expenses; (ii) gains or losses from the early extinguishment of debt; (iii) certain non-cash components of earnings derived from straight-line rents, above and below market rent amortization, and debt and derivative mark-to-market amortization; and (iv) other amounts as they occur.
(2) Includes above and below market rent amortization and straight-line rents, and excludes debt and derivative mark to market amortization.
(3) Represents ’General & administrative, net’ before gains or losses on deferred compensation plan, as reported on supplemental pages 6 and 7 and calculated on a pro-rata basis.
(4) Includes debt and derivative mark to market amortization, and is net of interest income.
Conference Call Information

To discuss Regency’s first quarter results and provide further business updates, management will host a conference call on Thursday, April 30 at 11:00 a.m. ET. Dial-in and webcast information is below.

First Quarter 2026 Earnings Conference Call

Replay: Webcast Archive – Investor Relations page under Events & Webcasts

About Regency Centers Corporation (Nasdaq: REG)

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.

Reconciliation of Net Income Attributable to Common Shareholders to Nareit FFO, Core Operating Earnings, and Adjusted Funds from Operations – Actual (in thousands, except per share amounts)

For the Periods Ended March 31, 2026 and 2025 Three Months Ended   2026  2025 Reconciliation of Net Income Attributable to Common Shareholders to Nareit FFO:             Net Income Attributable to Common Shareholders $125,136   106,174 Adjustments to reconcile to Nareit Funds From Operations(1):      Depreciation and amortization (excluding FF&E)  113,562   104,034 Gain on sale of real estate, net of tax  (17,047)  (101)Exchangeable operating partnership units  2,617   642 Nareit FFO $224,268   210,749        Nareit FFO per share (diluted) $1.20   1.15 Weighted average shares (diluted)  187,220   182,910        Reconciliation of Nareit FFO to Core Operating Earnings:             Nareit FFO $224,268   210,749 Adjustments to reconcile to Core Operating Earnings(1):      Certain Non-Cash Items      Straight-line rent  (6,618)  (6,513)Uncollectible straight-line rent  2,180   376 Above/below market rent amortization, net  (5,249)  (6,461)Debt and derivative mark-to-market amortization  1,942   1,292 Core Operating Earnings $216,523   199,443        Core Operating Earnings per share (diluted) $1.16   1.09 Weighted average shares (diluted)  187,220   182,910               Reconciliation of Core Operating Earnings to Adjusted Funds from Operations:             Core Operating Earnings $216,523   199,443 Adjustments to reconcile to Adjusted Funds from Operations(1):      Operating capital expenditures  (27,087)  (23,753)Debt cost and derivative adjustments  2,230   2,129 Stock-based compensation  5,868   5,443 Adjusted Funds from Operations $197,534   183,262 
(1) Includes Regency’s consolidated entities and its share of unconsolidated real estate partnerships, net of share attributable to noncontrolling interests.
Reconciliation of Net Income Attributable to Common Shareholders to Pro-Rata Same Property NOI – Actual (in thousands)

For the Periods Ended March 31, 2026 and 2025 Three Months Ended    2026 2025 Change       Net income attributable to common shareholders $125,136 106,174  Less:      Management, transaction, and other fees  (6,933)(6,812) Other(1)  (11,396)(13,689) Plus:      Depreciation and amortization  106,422 96,774  General and administrative  25,606 21,600  Other operating expense  1,001 1,688  Other expense, net  44,296 48,673  Equity in income of investments in real estate partnerships excluded from NOI(2)  4,600 13,451  Net income attributable to noncontrolling interests  4,249 2,266  Preferred stock dividends  3,413 3,413  NOI  296,394 273,538         Less non-same property NOI(3)  (10,760)135  Same Property NOI $285,634 273,673 4.4%       Same Property NOI without Redevelopments $242,476 235,922 2.8%       Expense Recovery Ratio  86.0%84.7%        NOI Margin  68.5%69.1% 
(1) Includes straight-line rental income and expense, net of reserves, above and below market rent amortization, other fees, and noncontrolling interests.
(2) Includes non-NOI expenses incurred at our unconsolidated real estate partnerships, such as, but not limited to, straight-line rental income, above and below market rent amortization, depreciation and amortization, interest expense, and real estate gains and impairments.
(3) Includes revenues and expenses attributable to Non-Same Property, Property in Development, termination fees, corporate activities, and noncontrolling interests.
Same Property NOI is a key non-GAAP pro-rata measure used by management in evaluating the operating performance of Regency’s properties. The Company provides a reconciliation of Net Income Attributable to Common Shareholders to Same Property NOI.

Reported results are preliminary and not final until the filing of the Company’s Form 10-Q with the SEC and, therefore, remain subject to adjustment.

The Company has published additional financial information in its first quarter 2026 supplemental package that may help investors estimate earnings. A copy of the Company’s first quarter 2026 supplemental package will be available on the Company’s website at investors.regencycenters.com or by written request to: Investor Relations, Regency Centers Corporation, One Independent Drive, Suite 114, Jacksonville, Florida, 32202. The supplemental package contains more detailed financial and property results including financial statements, an outstanding debt summary, acquisition and development activity, investments in partnerships, information pertaining to securities issued other than common stock, property details, a significant tenant rent report and a lease expiration table in addition to earnings and valuation guidance assumptions. The information provided in the supplemental package is unaudited and includes non-GAAP measures, and there can be no assurance that the information will not vary from the final information in the Company’s Form 10-Q for the period ended March 31, 2026. Regency may, but assumes no obligation to, update information in the supplemental package from time to time.

Non-GAAP Financial Measures

We believe these non-GAAP measures provide useful information to our Board of Directors, management and investors regarding certain trends relating to our financial condition and results of operations. Our management uses these non-GAAP financial measures to compare our performance to that of prior periods for trend analyses, purposes of determining management incentive compensation and budgeting, forecasting and planning purposes.

We do not consider non-GAAP financial measures an alternative to financial measures determined in accordance with GAAP, rather they supplement GAAP measures by providing additional information we believe to be useful to our shareholders. The principal limitation of these non-GAAP financial measures is that they may exclude significant expense and income items that are required by GAAP to be recognized in our consolidated financial statements. In addition, they reflect the exercise of management’s judgment about which expense and income items are excluded or included in determining these non-GAAP financial measures. In order to compensate for these limitations, reconciliations of the non-GAAP financial measures we use to their most directly comparable GAAP measures are provided. Non-GAAP financial measures should not be relied upon in evaluating the financial condition, results of operations or future prospects of the Company.

Nareit FFO is a commonly used measure of REIT performance, which the National Association of Real Estate Investment Trusts (“Nareit”) defines as net income, computed in accordance with GAAP, excluding gains on sales and impairments of real estate, net of tax, plus depreciation and amortization related to real estate, and after adjustments for unconsolidated real estate partnerships and joint ventures. Regency computes Nareit FFO for all periods presented in accordance with Nareit’s definition. Since Nareit FFO excludes depreciation and amortization and gains on sales and impairments of real estate, it provides a performance measure that, when compared year over year, reflects the impact on operations from trends in percent leased, rental rates, operating costs, acquisition and development activities, and financing costs. This provides a perspective of the Company’s financial performance not immediately apparent from net income determined in accordance with GAAP. Thus, Nareit FFO is a supplemental non-GAAP financial measure of the Company’s operating performance, which does not represent cash generated from operating activities in accordance with GAAP; and, therefore, should not be considered a substitute measure of cash flows from operations. The Company provides a reconciliation of Net Income Attributable to Common Shareholders to Nareit FFO.

Core Operating Earnings is an additional non-GAAP performance measure that adjusts Nareit Funds from Operations (“Nareit FFO”) to exclude certain non-cash and other items that impact the comparability of the Company’s period-over-period performance. Core Operating Earnings excludes from Nareit FFO: (i) certain income or expenses related to non-comparable events and transactions; (ii) gains or losses from the early extinguishment of debt; (iii) certain non-cash items derived from straight-line rents, above and below market rent amortization, and debt and derivative mark-to-market amortization; and (iv) other non-cash or non-comparable amounts as they occur.

Adjusted Funds From Operations (“AFFO”) is an additional performance measure used by Regency that reflects cash available to fund the Company’s business needs and distribution to shareholders. AFFO is calculated by adjusting Core Operating Earnings (“COE”) for (i) capital expenditures necessary to maintain and lease the Company’s portfolio of properties, (ii) debt cost and derivative adjustments and (iii) stock-based compensation. The Company provides a reconciliation of Net Income Attributable to Common Shareholders to Nareit FFO, to Core Operating Earnings, and to Adjusted Funds from Operations.

Net Operating Income (NOI) is the sum of base rent, percentage rent, termination fee income, tenant recoveries, other lease income, and other property income, less operating and maintenance expenses, real estate taxes, ground rent, termination expense, and uncollectible lease income. NOI excludes straight-line rental income and expense, above and below market rent and ground rent amortization, tenant lease inducement amortization, and other fees. The Company also provides disclosure of NOI excluding termination fees, which excludes both termination fee income and expenses. Management believes that NOI is a useful measure for investors because it provides insight into the core operations and performance of our properties, independent of the capital structure, financing activities, and non-operating factors. By focusing on property-level performance, NOI allows investors to compare the performance of our real estate assets across periods and with those of other REIT peers in the industry, facilitating a clearer understanding of trends in occupancy, rental income, and operating expense management. In addition to its relevance for investors, management uses NOI as a key performance metric in making operational and strategic decisions. NOI is used to evaluate income generated from shopping centers (i.e., return on assets) and to guide decisions on capital investments. These decisions may include acquisitions, redevelopments, and investments in capital improvements.

Pro-rata information: includes 100% of the Company’s consolidated properties plus its economic share (based on the ownership interest) in the unconsolidated real estate investment partnerships. The Company provides Pro-rata financial information because Regency believes it assists investors and analysts in estimating the economic interest in the consolidated and unconsolidated real estate investment partnerships, when read in conjunction with the Company’s reported results under GAAP. The Company believes presenting its Pro-rata share of assets, liabilities, operating results, and other metrics, along with certain other non-GAAP financial measures, makes comparisons of its operating results to those of other REITs more meaningful. The Pro-rata information provided is not, nor is it intended to be, presented in accordance with GAAP. The Pro-rata supplemental details of assets and liabilities and supplemental details of operations reflect the Company’s proportionate economic ownership of the assets, liabilities, and operating results of the properties in our portfolio.

The Pro-rata information is prepared on a basis consistent with the comparable consolidated amounts and is intended to more accurately reflect the Company’s proportionate economic interest in the assets, liabilities, and operating results of properties in its portfolio. The Company does not control the unconsolidated real estate partnerships, and the Pro-rata presentations of the assets and liabilities, and revenues and expenses do not represent our legal claim to such items. The partners are entitled to profit or loss allocations and distributions of cash flows according to the operating agreements, which generally provide for such allocations according to their invested capital. The Company’s share of invested capital establishes the ownership interests Regency uses to prepare its Pro-rata share.

The presentation of Pro-rata information has limitations which include, but are not limited to, the following:

The amounts shown on the individual line items were derived by applying our overall economic ownership interest percentage determined when applying the equity method of accounting and do not necessarily represent our legal claim to the assets and liabilities, or the revenues and expenses; andOther companies in our industry may calculate their Pro-rata interest differently, limiting the comparability of Pro-rata information. Because of these limitations, the Pro-rata financial information should not be considered independently or as a substitute for the financial statements as reported under GAAP. The Company compensates for these limitations by relying primarily on our GAAP financial statements, using the Pro-rata information as a supplement.

Same Property NOI is a key non-GAAP financial measure commonly used by real estate investment trusts (REITs) to evaluate operating performance. It is calculated on a Pro-rata ownership basis for properties owned and operated for the entirety of both the current and prior comparable reporting periods. Same Property NOI includes revenues and operating expenses associated with these properties but excludes items that are not indicative of ongoing operating performance. These include, without limitation, termination fees, as well as corporate-level expenses, financing costs, and other non-operating items. Management believes this measure provides investors with a useful and consistent comparison of the Company’s operating performance and trends. Management uses Same Property NOI as a supplemental measure to assess property-level performance and to compare the performance of its stabilized property portfolio across reporting periods. This measure allows investors to evaluate trends in revenue and expense growth for properties that have been consistently operated during the periods.

Forward-Looking Statements

Certain statements in this document regarding anticipated financial, business, legal or other outcomes including business and market conditions, outlook and other similar statements relating to Regency’s future events, developments, or financial or operational performance or results such as our current 2026 guidance, are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are identified by the use of words such as “may,” “will,” “could,” “should,” “would,” “expect,” “estimate,” “believe,” “intend,” “forecast,” “project,” “plan,” “anticipate,” “guidance,” and other similar language. However, the absence of these or similar words or expressions does not mean a statement is not forward-looking. While we believe these forward-looking statements are reasonable when made, forward-looking statements are not guarantees of future performance or events and undue reliance should not be placed on these statements. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance these expectations will be attained, and it is possible actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. Our operations are subject to a number of risks and uncertainties including, but not limited to, those risk factors described in our Securities and Exchange Commission (“SEC”) filings, our Annual Report on Form 10-K for the year ended December 31, 2025 (“2025 Form 10-K”) under Item 1A, as supplemented by the discussion in Item 1A of Part II of our subsequent Quarterly Reports on Form 10-Q. When considering an investment in our securities, you should carefully read and consider these risks, together with all other information in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and our other filings and submissions to the SEC. If any of the events described in the risk factors actually occur, our business, financial condition or operating results, as well as the market price of our securities, could be materially adversely affected. Forward-looking statements are only as of the date they are made, and Regency undertakes no duty to update its forward-looking statements, whether as a result of new information, future events or developments or otherwise, except as to the extent required by law. These risks and events include, without limitation:

Risk Factors Related to the Current Economic and Geopolitical Environments

Macroeconomic, political, and geopolitical conditions and governmental policies may adversely impact consumer confidence and spending and the businesses of our tenants and could, in turn, adversely impact our business. Changes in interest rates may adversely impact our cost to borrow, real estate valuation, stock price, and ability to raise capital through issuance of debt and equity. Unfavorable developments that may affect the banking and financial services industry could adversely affect our business, liquidity and financial condition, and overall results of operations.

Risk Factors Related to Pandemics or other Public Health Crises

Pandemics or other public health crises may adversely affect our tenants’ financial condition, the profitability of our properties, and our access to the capital markets and could have a material adverse effect on our business, results of operations, cash flows and financial condition.

Risk Factors Related to Operating Retail-Based Shopping Centers

Shifts in retail trends, sales, and delivery methods between brick and mortar stores, e-commerce, home delivery, and curbside pick-up, as well as autonomous delivery systems, may adversely impact our revenues, results of operations, and cash flows. Changing economic and retail market conditions in geographic areas where our properties are concentrated may reduce our revenues and cash flow. Our success depends on the continued presence and success of our “anchor” tenants. A percentage of our revenues are derived from “local” tenants and our net income may be adversely impacted if these tenants are not successful, or if the demand for the types or mix of tenants significantly change. We may be unable to collect balances due from tenants in bankruptcy. Many of our costs and expenses associated with operating our properties may remain constant or increase, even if our lease income decreases. Compliance with the Americans with Disabilities Act and other building, fire, and safety regulations may have an adverse effect on us.

Risk Factors Related to Real Estate Investments

Our real estate assets may decline in value and be subject to impairment losses which may reduce our net income. We face risks associated with development, redevelopment, and expansion of properties. We face risks associated with the development of mixed-use commercial properties. We face risks associated with the acquisition of properties. We may be unable to sell properties when desired because of market conditions. Changes in tax laws could impact our acquisition or disposition of real estate.

Risk Factors Related to the Environment Affecting Our Properties

Climate change may adversely impact our properties, some of which may be more vulnerable due to their geographic location, and may lead to additional compliance obligations and costs. Costs of environmental remediation may adversely impact our financial performance and reduce our cash flow.

Risk Factors Related to Corporate Matters

An increased and differing focus on metrics and reporting related to environmental, social and governance ("ESG") factors by investors, lenders and other stakeholders may impose additional costs and expose us to new risks. An uninsured loss or a loss that exceeds the insurance coverage on our properties may subject us to loss of capital and revenue on those properties. Failure to attract and retain key personnel may adversely affect our business and operations.

Risk Factors Related to Our Partnerships and Joint Ventures

We do not have voting control over all of the properties owned in our real estate partnerships and joint ventures, so we are unable to ensure that our objectives will be pursued. The termination of our partnerships may adversely affect our cash flow, operating results, and our ability to make distributions to stock and unit holders.

Risk Factors Related to Funding Strategies and Capital Structure

Our ability to sell properties and fund acquisitions and developments may be adversely impacted by higher market capitalization rates and lower NOI at our properties which may adversely affect results of operations and financial condition. We depend on external sources of capital, which may not be available in the future on favorable terms or at all. Our debt financing may adversely affect our business and financial condition. Covenants in our debt agreements may restrict our operating activities and adversely affect our financial condition. Increases in interest rates would cause our borrowing costs to rise and negatively impact our results of operations. Hedging activity may expose us to risks, including the risks that a counterparty will not perform and that the hedge will not yield the economic benefits we anticipate, which may adversely affect us.

Risk Factors Related to Information Management and Technology

The unauthorized access, use, theft or destruction of tenant or employee personal, financial or other data, or of Regency’s proprietary or confidential information stored in our information systems or by third parties on our behalf, could impact operations, and expose us to potential liabilities and material adverse financial impact. Any actual or perceived failure to comply with new or existing laws, regulations and other requirements relating to the privacy, security and processing of personal information could adversely affect our business, results of operations, or financial condition. The use of technology based on artificial intelligence presents risks relating to confidentiality, creation of inaccurate and flawed outputs and emerging regulatory risk, any or all of which may adversely affect our business and results of operations.

Risk Factors Related to Taxes and the Parent Company’s Qualification as a REIT

If the Parent Company fails to qualify as a REIT for federal income tax purposes, it would be subject to federal income tax at regular corporate rates. Dividends paid by REITs generally do not qualify for reduced tax rates. Legislative or other actions affecting REITs may have a negative effect on us or our investors. Complying with REIT requirements may limit our ability to hedge effectively and may cause us to incur tax liabilities. Partnership tax audit rules could have a material adverse effect.

Risk Factors Related to the Company’s Stock

Restrictions on the ownership of the Parent Company’s capital stock to preserve its REIT status may delay or prevent a change in control. The issuance of the Parent Company’s capital stock may delay or prevent a change in control. Ownership in the Parent Company may be diluted in the future. The Parent Company’s amended and restated bylaws provide that the courts located in the State of Florida will be the sole and exclusive forum for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or employees. There is no assurance that we will continue to pay dividends at current or historical rates.

Kathryn McKie
904 598 7348
[email protected]

Regency Centers remains a resilient, grocery-anchored REIT with a strong tenant mix and high occupancy, trading near 52-week highs. Q1 results were in line, with FFO of $1.20, and same-property NOI up 4.4%, but margins compressed due to higher property taxes. REG maintains conservative leverage (net 4.9x), funds $635 million redevelopment at 9% yield, and offers a secure 3.8% dividend yield.

Same Property NOI Growth: 4.4% in the first quarter.Same Property Percent Leased: Approaching 97%, up 10 basis points over the fourth quarter.Same Property Com

May 07, 2026 08:15 ET  | Source: Regency Centers Corporation

JACKSONVILLE, Fla., May 07, 2026 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency Centers,” “Regency” or the “Company”) (NASDAQ: REG) announced today that the Company’s Board of Directors (the “Board”) declared quarterly cash dividends on Regency’s common stock, Series A preferred stock, and Series B preferred stock, respectively.

On May 6, 2026, the Board declared a quarterly cash dividend on the Company’s common stock of $0.755 per share. The dividend is payable on July 2, 2026, to shareholders of record as of June 12, 2026.On May 6, 2026, the Board declared a quarterly cash dividend on the Company’s Series A preferred stock of $0.390625 per share. The dividend is payable on July 31, 2026, to shareholders of record as of July 16, 2026.On May 6, 2026, the Board declared a quarterly cash dividend on the Company’s Series B preferred stock of $0.367200 per share. The dividend is payable on July 31, 2026, to shareholders of record as of July 16, 2026. About Regency Centers Corporation (NASDAQ: REG)

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com

Kathryn McKie
904 598 7348
[email protected]

Key Takeaways Macerich Q1 FFOA matched last year at 34 cents per share and beat consensus estimates.MAC signed leases for 1.6M square feet as leased portfolio occupancy rose to 93.4%.MAC acquired Annapolis Mall for $260M, targeting higher NOI through leasing and repositioning. The Macerich Company (MAC - Free Report) reported first-quarter 2026 funds from operations as adjusted (FFOA) per share of 34 cents, matching the year-ago level and beating the Zacks Consensus Estimate by 9.68%. Total revenues of $241.54 million declined 3.1% year over year but topped the consensus mark by 1.2%.

Results reflected solid leasing volume and an increase in Go-Forward Portfolio Centers’ net operating income (NOI) and base rent re-leasing spreads.

Operationally, leased portfolio occupancy was 93.4% as of March 31, 2026, up 80 basis points from 92.6% a year earlier, though down 60 basis points from 94% at the end of 2025.

MAC’s Leasing Volume Supports Path Forward PlanLeasing activity remained a central operating theme. During the first quarter, Macerich signed leases for 1.6 million square feet, reflecting a 2.5% increase in leased square footage year over year on a comparable-center basis (excluding a multi-location anchor renewal package executed in the prior-year period).

Management also emphasized the company’s new-store leasing pipeline. New store leases are expected to produce total gross revenues of approximately $116 million at Macerich’s share in excess of the revenues generated in 2024 from prior uses in those same spaces, spanning open stores, signed-not-open leases and leases in documentation from 2024 through 2028.

MAC’s NOI Trend Shows Better Core Property ResultsGo-Forward Portfolio Centers NOI, excluding lease termination income, increased 1.2% year over year in the first quarter. The metric points to steadier underlying property performance, even as the quarter included shifting items such as asset-sale activity and other below-the-line movements.

On a GAAP basis, Macerich posted a net loss attributable to the company of $36.4 million, or 14 cents per share, compared with a loss of $50.1 million, or 20 cents per share, in the prior-year quarter. Management attributed the change primarily to gains on sale or write-down of assets, net, recognized in the first quarter of 2026.

Macerich’s Tenant Demand Signals Healthier SalesTenant sales productivity strengthened year over year. Portfolio tenant sales per square foot for spaces smaller than 10,000 square feet were $899 for the 12 months ended March 31, 2026 compared with $837 for the 12 months ended March 31, 2025. Go-Forward Portfolio Centers' sales per square foot for the same category were higher at $941.

The company also reported average base rent per square foot (for spaces under 10,000 square feet, excluding Santa Monica Place) of $71.06 as of March 31, 2026, up from $69.21 a year earlier. These figures help frame how Macerich’s leasing and merchandising efforts are translating into improved productivity and rent capture over time.

Macerich Expands With Annapolis Mall AcquisitionA notable portfolio action was the acquisition of Annapolis Mall, a Class A regional mall totaling approximately 1.5 million square feet in Annapolis, MD, for $260 million, plus an adjacent 13.1-acre vacant Sears parcel for $12 million. The company said that the transaction was funded with cash on hand and $150 million of borrowings from the line of credit.

Macerich presented the asset as one with repositioning and leasing upside. The acquisition materials highlighted year-one estimated NOI of roughly $24 million (forward 12 months), rising to about $29 million, including the annualized impact of signed-not-open leasing expected to commence in 2026 and 2027.

MAC’s Balance Sheet Actions Highlight Liquidity FocusMacerich’s balance sheet activity during the quarter included multiple financing and capital steps. The company completed an amended and restated $900 million revolving credit facility on Feb. 24, 2026, increasing the facility size from $650 million to $900 million, extending maturity from February 2027 to March 2030 (inclusive of a 12-month extension option) and reducing the pricing grid.

Liquidity remained a key investor focus point. As of the filing date, Macerich reported approximately $780 million of liquidity, including $650 million of available capacity on the revolving credit facility. The company also reported net debt to adjusted EBITDA, as further modified, of 7.76X as of March 31, 2026, providing a snapshot of leverage, while management works through financing, disposition and operational initiatives under its Path Forward Plan.

MAC’s Zacks RankCurrently, Macerich carries a Zacks Rank #3 (Hold).  You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Performance of Other Retail REITsRegency Centers Corporation (REG - Free Report) reported first-quarter 2026 core FFO per share of $1.20, missing the Zacks Consensus Estimate of $1.21. However, the metric increased 4.3% from the year-ago quarter.

Results were aided by continued leasing traction, as reflected in same-property NOI growth of 4.4% year over year.

Kimco Realty Corporation (KIM - Free Report) reported first-quarter 2026 core FFO per share of 46 cents, topping the Zacks Consensus Estimate of 45 cents. The metric increased 4.5% from the year-ago quarter.

Results were supported by steady rent growth and continued demand for Kimco’s open-air, grocery-anchored centers, with pro-rata leased occupancy ending the quarter at 96.3%, up 50 basis points year over year.

Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.

Key Takeaways FRT targets dense, high-income, supply-constrained markets to support steadier retail demand.FRT hit a Q1 record: 101 comparable leases (649,078 sq ft) with 13% cash rent growth.REG is 85% grocery-anchored and has $635M in projects underway with a 9% blended yield. Retail REITs have had to prove that open-air centers can keep drawing shoppers even when consumers are more careful with spending. Federal Realty Investment Trust (FRT - Free Report) and Regency Centers (REG - Free Report) both look well-placed in that environment.

FRT leans on dense, high-income markets, mixed-use destinations, strong leasing and one of the most impressive dividend records in real estate. Meanwhile, REG is a national leader in grocery-anchored neighborhood centers, with a large development platform and a strong balance sheet.

Both companies reported solid first-quarter 2026 results, showing healthy rent growth, high leased rates and active tenant demand. The question for investors is not which company is good but which one has the stronger mix of durability, growth drivers and long-term quality. Let’s delve deeper to find out which retail REIT looks like the better stock to consider now.

The Case for FRTFederal Realty’s biggest advantage is the quality of its real estate. The company focuses on high-barrier, supply-constrained markets where strong household incomes support retailers, even when the economy is uneven. Management made this point clearly on the latest call, noting that FRT’s centers sit in areas with significant purchasing power and that the company benefits from the higher end of a K-shaped consumer economy. This matters because stronger trade areas can support better tenant sales, steadier occupancy and more confidence from retailers looking for scarce space.

FRT’s first-quarter results also show strong operating momentum. The company generated core FFO per diluted share of $1.88, up 10.6% from the prior year. Comparable property operating income rose 4.7%, while adjusted comparable POI increased 5.1%. Its overall portfolio was 96.1% leased, and it signed 101 comparable retail leases covering 649,078 square feet, a first-quarter record, with 13% cash rent growth and 23% straight-line rent growth. Compared with REG’s 12.1% cash rent spread in the quarter, FRT’s leasing spread was slightly stronger, even though both companies posted healthy numbers.

Another plus is FRT’s ability to create value from mixed-use assets. The company is not just operating shopping centers; it is also adding residential density and building retail-centered communities such as Santana Row, Pike & Rose and Assembly Row. Management said that nearly 800 residential units under development or planned around existing shopping center assets could add about $27 million of operating income once stabilized over the next few years, which gives FRT a growth path that is harder for a pure grocery-anchored retail landlord to match.

FRT also has a rare income-growth record. The company has increased its quarterly dividend for 58 consecutive years, the longest streak in the REIT industry, while maintaining a 60% Nareit FFO payout ratio in the first quarter. This combination of dividend consistency, healthy leasing, strong trade areas and improving guidance makes FRT stand out as a high-quality compounder rather than just another retail REIT.

The Case for REGRegency Centers’ portfolio is built around grocery-anchored neighborhood and community centers, with more than 85% of its properties in that format. This gives REG a defensive profile because grocers, service tenants, restaurants, value retailers and convenience-based users tend to draw regular traffic. In uncertain periods, the essential-retail focus can help keep cash flows steady.

REG’s first-quarter numbers were also solid. Same-Property NOI increased 4.4%, Nareit FFO per share rose to $1.20 from $1.15, and core operating earnings per share jumped to $1.16 from $1.09. Same-Property percent leased was 96.6%, with anchor leased at 98.2% and shop leased at 94.1%.

Regency’s development platform is another key strength. The company had about $635 million of in-process development and redevelopment projects at quarter end, with a blended estimated yield of 9%, and management highlighted more than $1 billion of potential project starts over the next three years. In a market where new retail supply remains limited, REG’s ability to deliver new grocery-anchored centers at scale is a real competitive edge.

However, REG’s growth story, while attractive, looks a bit more dependent on its development pipeline and grocery-anchored format. This is not a weakness in normal terms, but compared with FRT, it offers less mixed-use upside and less exposure to the affluent urban-suburban destinations that can support multiple income streams.

How Do Estimates Compare for FRT & REG?The Zacks Consensus Estimate for Federal Realty’s 2026 and 2027 sales implies year-over-year growth of 6.42% and 3.91%, respectively. The consensus mark for 2026 and 2027 funds from operations (FFO) per share suggests year-over-year growth of 3.74% and 4.51%, respectively. Over the past month, estimates for FRT’s 2026 FFO per share have been tweaked marginally northward to $7.49, while the same for 2027 has been revised upward to $7.83.

Estimates for Federal Realty:

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Regency Centers’s 2026 and 2027 sales indicates year-over-year growth of 5.78% and 3.70%, respectively. Over the past month, the consensus mark for 2026 has remained unchanged, while that for 2027 has been tweaked upward marginally. The figures suggest year-over-year increases of 4.53% and 4.69%, respectively.

Estimates for Regency Centers:

Image Source: Zacks Investment Research

Price Performance & Valuation of FRT & REGSo far this year, Federal Realty shares have risen 18.8%, and Regency Centers’ stock has rallied 14.2%. In comparison, the Zacks REIT and Equity Trust - Retail industry has gained 12.7%, whereas the S&P 500 composite has returned 9.7% in the same time frame. 

Image Source: Zacks Investment Research

FRT is trading at a forward 12-month price-to-FFO, which is a commonly used multiple for valuing REITs, of 15.70X, which is above its three-year median of 13.60X.

REG is presently trading at a forward 12-month price-to-FFO of 15.95X, which is also above its three-year median of 15.24X. Both FRT and REG carry a Value Score of D.

Image Source: Zacks Investment Research

Conclusion: FRT Has the EdgeFRT and REG are both high-quality retail REITs with strong leasing, healthy tenant demand and durable portfolios. REG deserves credit for its grocery-anchored focus, high leased rate, development platform and balance sheet strength.

But if the goal is to pick the better retail REIT now, Federal Realty stands out. Its higher first-quarter FFO growth, stronger cash rent spread, raised guidance, mixed-use growth opportunities, affluent trade areas, and unmatched dividend growth record give it a broader and more durable investment story. For investors choosing between the two, FRT has the edge. Estimate revisions also point in the same direction.

FRT carries a Zacks Rank #2 (Buy), whereas REG has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs.

May 28, 2026 08:15 ET  | Source: Regency Centers Corporation

JACKSONVILLE, Fla., May 28, 2026 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency”, “Regency Centers” or the “Company”) (Nasdaq:REG) today released its 2025 Corporate Responsibility Report. The report underscores Regency's continued commitment to responsible business practices and long-term stewardship of its assets, while reflecting the Company's ongoing efforts to create value for its shareholders and the communities it serves. The report can be found on the Corporate Responsibility page of Regency’s website.

“The principles behind Regency’s Corporate Responsibility program have long been part of how we operate and remain foundational to our long-term business strategy," said Lisa Palmer, President and Chief Executive Officer. “By investing thoughtfully in our properties, supporting our people, and strengthening the communities we serve, we continue to create long-term value for our shareholders.”

Our 2025 Corporate Responsibility Report highlights recent awards, recognition, and notable achievements, including:

Record-high Employee Engagement score of 88% for the third consecutive yearReceived the Healthiest Companies Award from the First Coast Workplace Wellness Council for the 17th consecutive yearTogether with our employees, we contributed approximately $2.2 million to charitable causesEmployees volunteered 2,000+ hours to local communitiesExceeded our 2030 Scope 1 and 2 greenhouse gas emissions (GHG) reduction target five years ahead of schedule, with a cumulative reduction of 38% from the 2019 baseline yearInvested $2.6 million in high-efficiency LED Projects in 2025Achieved meaningful progress across water conservation, waste diversion, and EV charging initiatives About Regency Centers Corporation (Nasdaq: REG)

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

Forward-Looking Statements

Certain statements in this document and the referenced 2025 Corporate Responsibility Report and TCFD-aligned Climate Risk Report regarding anticipated financial, business, legal or other outcomes including business and market conditions, outlook and other similar statements relating to Regency’s future events, developments, or financial or operational performance or results such as our current 2026 guidance, are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are identified by the use of words such as “may,” “will,” “could,” “should,” “would,” “expect,” “estimate,” “believe,” “intend,” “forecast,” “project,” “plan,” “anticipate,” “guidance,” and other similar language. However, the absence of these or similar words or expressions does not mean a statement is not forward-looking. While we believe these forward-looking statements are reasonable when made, forward-looking statements are not guarantees of future performance or events and undue reliance should not be placed on these statements. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance these expectations will be attained, and it is possible actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. Our operations are subject to a number of risks and uncertainties including, but not limited to, those risk factors described in our Securities and Exchange Commission (“SEC”) filings, our Annual Report on Form 10-K for the year ended December 31, 2025 (“2025 Form 10-K”) under Item 1A, as supplemented by the discussion in Item 1A of Part II of our subsequent Quarterly Reports on Form 10-Q. When considering an investment in our securities, you should carefully read and consider these risks, together with all other information in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and our other filings and submissions to the SEC. If any of the events described in the risk factors actually occur, our business, financial condition or operating results, as well as the market price of our securities, could be materially adversely affected. Forward-looking statements are only as of the date they are made, and Regency undertakes no duty to update its forward-looking statements, whether as a result of new information, future events or developments or otherwise, except as to the extent required by law.

Kathryn McKie
904 598 7348
[email protected]                                        

Memphis, Tennessee--(Newsfile Corp. - May 27, 2026) - Leading digital marketing agency HigherVisibility, introduced an updated version of its Targeted Growth System (TGS), a proprietary methodology used across the agency's SEO, PPC, link building, eCommerce SEO, website design, and franchise SEO services.

The update places greater emphasis on site speed, server response time, and technical reliability as AI-driven search changes how content is retrieved and surfaced online.

The updated Targeted Growth System focuses on technical website performance as AI search systems retrieve online content.

To view an enhanced version of this graphic, please visit:
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The update comes as marketers face growing pressure to ensure websites remain accessible to AI-driven search and retrieval systems that prioritize fast, reliable page access.

HigherVisibility uses the TGS across its digital marketing services to support visibility, traffic, and conversion performance, following a growing discussion around how AI-driven search systems retrieve online content.

The TGS comprises six focus areas:

Campaign strategyCompetitive analysisAudience profilingConversion rate optimizationData and attributionAdaptive targeting"We started paying closer attention to how AI platforms retrieve and process pages because it changes how brands appear in AI-driven search results," said Adam Heitzman, managing partner at HigherVisibility.

"Site performance used to be treated mainly as a UX or engineering issue. Now it affects whether AI systems can reliably access your content in the first place, which makes it part of the visibility conversation for marketing teams too."

More information about the framework is available on HigherVisibility.

About HigherVisibility:

HigherVisibility is a digital marketing agency that provides SEO, paid media, web design, and analytics services for businesses across multiple industries. The agency builds and manages performance-focused marketing programs supported by proprietary reporting tools, including its Insite dashboard, which is used to track and analyze campaign performance for clients. HigherVisibility works with organizations ranging from small businesses to enterprise-level brands.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298547

Source: DesignRush

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UPPSALA, SE / ACCESS Newswire / May 28, 2026 / Biovica International (STO:BIOVIC-B)(STO:BIOVIC.B)(FRA:9II) - Biovica, specializing in blood-based cancer monitoring, today announced new data published in the European Journal of Cancer showing that DiviTumTKa can capture early, treatment-specific biological response in patients with endocrine-resistant HR+/HER2− metastatic breast cancer.

The analysis included 555 patients from the phase III GEICAM/2013-02 PEARL trial and used Biovica's FDA 510(k)-cleared DiviTum TKa assay. Patients were randomized to receive either targeted therapy (ET + palbociclib) or chemotherapy (capecitabine).

The key new insight is that TKa did not behave the same way across treatments. Instead, early TKa changes reflected how each therapy affected tumor biology - increasing in patients who benefited from capecitabine, an oral chemotherapy, while confirming previous findings that effective CDK4/6-based treatment is associated with early TKa suppression.

The authors also highlight that TKa provides unique information that may complement ctDNA. While ctDNA provides important genomic information about tumor mutations and clonal evolution, TKa provides a functional, real-time readout of tumor proliferation and biological treatment activity. In simple terms, ctDNA can help show what genetic changes are present, while TKa can help show what the cancer is doing during treatment.

"This analysis is part of GEICAM's commitment to advancing translational research with a real impact on clinical practice. TKa is a robust blood-based marker that makes it possible to monitor tumor activity in real time. Our study shows that its early changes, just 15 days after treatment begins, very clearly predict which patients are responding. It is a tool that can help us better understand treatment response and move toward increasingly personalized care in metastatic breast cancer," says Dr. Ángel Guerrero Zotano, one of the researchers involved in this study and member of GEICAM's Board of Directors.

" What makes these findings particularly compelling is that TKa doesn't just confirm response - it differentiates it. The marker behaves distinctly depending on how a therapy works biologically, which means clinicians get a real-time functional signal that genomic tools simply cannot provide. As oncology accelerates toward truly personalized treatment, we believe DiviTum TKa is becoming an essential part of that picture - and data of this quality, at this scale, strengthens our confidence in the path ahead," says Theis Kipling, CEO of Biovica.

Contact

Theis Kipling, CEO
Telefon: +46 (0) 76 666 36 52
E-post: [email protected]

Biovica - Treatment decisions with greater confidence

Biovica develops and commercializes blood-based biomarker assays that help oncologists monitor cancer progression. Biovica's assay, DiviTum® TKa, measures cell proliferation by detecting the TKa biomarker in the bloodstream. The assay has demonstrated its ability to provide insight to therapy effectiveness in several clinical trials. The first application for the DiviTum® TKa test is treatment monitoring of patients with metastatic breast cancer. Biovica's vision is: "Improved care for cancer patients." Biovica collaborates with world-leading cancer institutes and pharmaceutical companies. DiviTum® TKa has received FDA 510(k) clearance in the US and is CE-marked in the EU. Biovica's shares are traded on the Nasdaq First North Premier Growth Market (BIOVIC B). FNCA Sweden AB is the company's Certified Adviser. For more information, please visit: www.biovica.com

Attachments

New phase III translational data show DiviTum® TKa captures treatment-specific biological response in metastatic breast cancer

SOURCE: Biovica International