EGO Stock Overview EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. More details
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EastGroup Properties, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for EastGroup Properties Historical stock prices Current Share Price US$166.00 52 Week High US$176.00 52 Week Low US$144.00 Beta 1.02 1 Month Change 8.50% 3 Month Change 1.22% 1 Year Change -3.49% 3 Year Change -2.35% 5 Year Change 26.72% Change since IPO 323.25%
Recent News & Updates
EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter of 2025 and Full Year 2025 Feb 07
EastGroup Properties, Inc. to Report Q4, 2024 Results on Feb 06, 2025 Jan 08
EastGroup Properties, Inc. (NYSE:EGP) acquired DFW Global Logistics Centre 5-8 for $76 million. Dec 31
Eastgroup Properties, Inc. Declares Quarterly Dividend, Payable on January 15, 2025 Dec 03 EastGroup Properties, Inc. has filed a Follow-on Equity Offering in the amount of $1 billion.
Third quarter 2024 earnings released: EPS: US$1.12 (vs US$1.07 in 3Q 2023) Oct 24 See more updates
EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter of 2025 and Full Year 2025 Feb 07
EastGroup Properties, Inc. to Report Q4, 2024 Results on Feb 06, 2025 Jan 08
EastGroup Properties, Inc. (NYSE:EGP) acquired DFW Global Logistics Centre 5-8 for $76 million. Dec 31
Eastgroup Properties, Inc. Declares Quarterly Dividend, Payable on January 15, 2025 Dec 03 EastGroup Properties, Inc. has filed a Follow-on Equity Offering in the amount of $1 billion.
Third quarter 2024 earnings released: EPS: US$1.12 (vs US$1.07 in 3Q 2023) Oct 24
EastGroup Properties, Inc. to Report Q3, 2024 Results on Oct 23, 2024 Oct 02
Upcoming dividend of US$1.40 per share Sep 23
Second quarter dividend of US$1.40 announced Sep 01
EastGroup Properties Announces Quarterly Dividend, Payable on October 15, 2024 Aug 24
Second quarter 2024 earnings released: EPS: US$1.15 (vs US$0.97 in 2Q 2023) Jul 24
EastGroup Properties, Inc. Provides Earnings Guidance for the Third Quarter and for the Full Year 2024 Jul 24
EastGroup Properties, Inc. to Report Q2, 2024 Results on Jul 23, 2024 Jul 02
First quarter dividend of US$1.27 announced May 27
EastGroup Properties, Inc. Declares Quarterly Cash Dividend, Payable on July 15, 2024 May 24
First quarter 2024 earnings released: EPS: US$1.22 (vs US$1.02 in 1Q 2023) Apr 24
EastGroup Properties, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and for the Full Year 2024 Apr 24
New minor risk - Insider selling Apr 18
EastGroup Properties, Inc., Annual General Meeting, May 23, 2024 Apr 13
EastGroup Properties, Inc. to Report Q1, 2024 Results on Apr 23, 2024 Apr 05
Upcoming dividend of US$1.27 per share Mar 20
Fourth quarter dividend of US$1.27 announced Mar 17
EastGroup Properties, Inc. Declares Quarterly Cash Dividend, Payable on April 15, 2024 Mar 09
New minor risk - Insider selling Feb 16
Full year 2023 earnings released: EPS: US$4.43 (vs US$4.37 in FY 2022) Feb 09
EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024 Feb 08
EastGroup Properties, Inc. to Report Q4, 2023 Results on Feb 07, 2024 Jan 12
Upcoming dividend of US$1.27 per share at 2.8% yield Dec 21 EastGroup Properties, Inc. Announces Quarterly Cash Dividend, Payable on January 12, 2024 Dec 09
EastGroup Properties, Inc. Provides Earnings Guidance for the Fourth Quarter 2023 and Year End 2023 Oct 25
Third quarter 2023 earnings released: EPS: US$1.07 (vs US$0.87 in 3Q 2022) Oct 25
EastGroup Properties, Inc. to Report Q3, 2023 Results on Oct 24, 2023 Oct 05
Upcoming dividend of US$1.27 per share at 2.9% yield Sep 21
EastGroup Properties, Inc. (NYSE:EGP) acquired 255,000 square feet Blue Diamond Business Park for $53 million. Sep 08
EastGroup Properties, Inc. Announces Quarterly Dividend, Payable on October 13, 2023 Aug 26
Insufficient new directors Aug 01
New minor risk - Profit margin trend Jul 26
EastGroup Properties, Inc. Provides Earning Guidance for 2023 Jul 26
Second quarter 2023 earnings released: EPS: US$0.97 (vs US$1.09 in 2Q 2022) Jul 26
Now 21% undervalued Jul 19
EastGroup Properties, Inc. to Report Q2, 2023 Results on Jul 25, 2023 Jul 01
Now 20% undervalued Jun 22
EastGroup Properties, Inc. Declares Quarterly Cash Dividend, Payable on July 14, 2023 May 26
Independent Director recently sold €95k worth of stock Apr 30
First quarter 2023 earnings released: EPS: US$1.02 (vs US$1.54 in 1Q 2022) Apr 26
Full year 2022 earnings released: EPS: US$4.37 (vs US$3.91 in FY 2021) Feb 08
EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2023 Feb 08
EastGroup Properties, Inc. to Report Q4, 2022 Results on Feb 07, 2023 Jan 11
Upcoming dividend of US$1.25 per share Dec 22
Senior VP & Head of Texas Region recently sold €146k worth of stock Dec 10
Eastgroup Properties Announces Quarterly Cash Dividend, Payable on January 13, 2023 Dec 02
Third quarter 2022 earnings released: FFO per share: US$1.8 (vs US$1.58 in 3Q 2021) Oct 27
EastGroup Properties, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022 Oct 26
EastGroup Properties, Inc. to Report Q3, 2022 Results on Oct 25, 2022 Sep 29
Upcoming dividend of US$1.25 per share Sep 22
EastGroup Properties Announces Dividend Increase, Payable on October 14, 2022 Aug 27
EastGroup Properties, Inc. Declares Cash Dividend for the Second Quarter of 2022, Payable on July 15, 2022 Jul 27
Second quarter 2022 earnings released: EPS: US$1.11 (vs US$0.69 in 2Q 2021) Jul 27
EastGroup Properties, Inc. to Report Q2, 2022 Results on Jul 26, 2022 Jul 01
Upcoming dividend of US$1.10 per share Jun 22
Independent Director recently bought €91k worth of stock Jun 12
EastGroup Properties, Inc. (NYSE:EGP) completed the acquisition of Industrial Real Estate Portfolio of 14 properties in California from Brian Tulloch and others. Jun 03
EastGroup Properties Declares Quarterly Cash Dividend, Payable on July 15, 2022 May 27
First quarter 2022 earnings released: FFO: US$113.0m per share (vs US$1.47 in 1Q 2021) Apr 28
EastGroup Properties, Inc. (NYSE:EGP) acquired Mesa Gateway Commerce Park in Phoenix, Arizona for $18.3 million. Apr 28
EastGroup Properties, Inc. Provides Earnings Guidance for Second Quarter and Full Year of 2022 Apr 27
EastGroup Properties, Inc., Annual General Meeting, May 26, 2022 Apr 15
EastGroup Properties, Inc. to Report Q1, 2022 Results on Apr 26, 2022 Apr 01
Upcoming dividend of US$1.10 per share Mar 23
EastGroup Properties Declares Quarterly Cash Dividend, Payable on April 14, 2022 Mar 06
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Feb 11 EastGroup Properties, Inc. (NYSE:EGP) acquired 760,000 Square Feet of Operating Properties in Charlotte, Dallas, San Antonio, and Phoenix for approximately $110 million.
EastGroup Properties, Inc. Appoints David M. Fields as Director Feb 04
Upcoming dividend of US$1.10 per share Dec 23
EastGroup Properties, Inc. (NYSE:EGP) acquired Viva Logistics Center II from IDS Real Estate Group for approximately $140 million. Dec 18
Executive VP & Head of Eastern Regional recently sold €583k worth of stock Nov 18
Third quarter 2021 earnings released: EPS US$0.76 (vs US$0.62 in 3Q 2020) Oct 27
Upcoming dividend of US$0.90 per share Sep 22
Senior VP recently sold €147k worth of stock Sep 17
Second quarter 2021 earnings released: EPS US$0.69 (vs US$0.60 in 2Q 2020) Jul 28 EastGroup Properties, Inc.(NYSE:EGP) dropped from Russell 3000E Value Index
Upcoming dividend of US$0.79 per share Jun 22
EastGroup Properties, Inc. (NYSE:EGP) acquired Access Point 2 a 159,000 square foot building at I-385 submarket in Greenville, South Carolina for $10.7 million. Jun 02
EastGroup Properties Declares Quarterly Cash Dividend, Payable on July 15, 2021 May 28
Executive VP & Head of Eastern Regional recently sold €751k worth of stock May 04
Eastgroup Properties, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2021 Apr 29
First quarter 2021 earnings released Apr 29
EastGroup Properties, Inc. (NYSE:EGP) acquired Access Point 1 for $10.5 million. Apr 28
Upcoming dividend of US$0.79 per share Mar 24
EastGroup Properties, Inc. (NYSE:EGP) acquired Cherokee 75 Business Center 1 for $8.3 million. Feb 11 Shareholder Returns EGO DE Industrial REITs DE Market 7D 1.8% 0% 0% 1Y -3.5% 0% 0%
See full shareholder returns
Return vs Market: EGO underperformed the German Market which returned 15.3% over the past year.
Price Volatility Is EGO's price volatile compared to industry and market? EGO volatility EGO Average Weekly Movement 2.9% Industrial REITs Industry Average Movement 0% Market Average Movement 0% 10% most volatile stocks in DE Market 0% 10% least volatile stocks in DE Market 0%
Stable Share Price: EGO has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: EGO's weekly volatility (3%) has been stable over the past year.
About the Company EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets.
Show more EastGroup Properties, Inc. Fundamentals Summary How do EastGroup Properties's earnings and revenue compare to its market cap? EGO fundamental statistics Market cap €8.26b Earnings (TTM ) €224.15m Revenue (TTM ) €605.09m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) EGO income statement (TTM ) Revenue US$627.82m Cost of Revenue US$170.39m Gross Profit US$457.43m Other Expenses US$224.87m Earnings US$232.57m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 07, 2025
Earnings per share (EPS) 4.71 Gross Margin 72.86% Net Profit Margin 37.04% Debt/Equity Ratio 57.4%
How did EGO perform over the long term?
See historical performance and comparison Dividends
3.2% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/02/07 16:33 End of Day Share Price 2025/02/06 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more .
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Analyst Sources EastGroup Properties, Inc. is covered by 45 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution David Rodgers Baird Nicholas Thillman Baird Brendan Lynch Barclays
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