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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
EastGroup Properties, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$155.00 |
| 52 Week High | US$173.00 |
| 52 Week Low | US$145.00 |
| Beta | 0.94 |
| 1 Month Change | -5.49% |
| 3 Month Change | -6.06% |
| 1 Year Change | 6.16% |
| 3 Year Change | 19.23% |
| 5 Year Change | 51.69% |
| Change since IPO | 295.21% |
Recent News & Updates
Recent updates
Shareholder Returns
| EGO | DE Industrial REITs | DE Market | |
|---|---|---|---|
| 7D | 2.0% | 0% | 0% |
| 1Y | 6.2% | 0% | 0% |
Return vs Industry: EGO exceeded the German Industrial REITs industry which returned 3.6% over the past year.
Return vs Market: EGO exceeded the German Market which returned 2.2% over the past year.
Price Volatility
| EGO volatility | |
|---|---|
| EGO Average Weekly Movement | 2.7% |
| 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.
Volatility Over Time: EGO's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 96 | Marshall Loeb | www.eastgroup.net |
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.
EastGroup Properties, Inc. Fundamentals Summary
| EGO fundamental statistics | |
|---|---|
| Market cap | €7.42b |
| Earnings (TTM) | €187.30m |
| Revenue (TTM) | €533.05m |
39.6x
P/E Ratio13.9x
P/S RatioIs EGO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EGO income statement (TTM) | |
|---|---|
| Revenue | US$570.59m |
| Cost of Revenue | US$154.03m |
| Gross Profit | US$416.56m |
| Other Expenses | US$216.07m |
| Earnings | US$200.49m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 24, 2024
| Earnings per share (EPS) | 4.18 |
| Gross Margin | 73.01% |
| Net Profit Margin | 35.14% |
| Debt/Equity Ratio | 64.3% |
How did EGO perform over the long term?
See historical performance and comparison