NYSE:EGPIndustrial REITs
EastGroup Properties (EGP) Valuation After New ATM Equity Program, Shelf Registration and Fresh Term Loans
EastGroup Properties (EGP) just rolled out a new at the market equity program and shelf registration alongside fresh term loans, giving the industrial REIT more flexibility to fund projects, manage debt, and respond to mixed analyst sentiment.
See our latest analysis for EastGroup Properties.
The new equity program and term loans land after a solid run, with EastGroup’s 90 day share price return of 9.09% and five year total shareholder return of 55.86% suggesting momentum remains constructive...