EGP * 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
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
My Notes
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EastGroup Properties, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3,250.00 |
| 52 Week High | US$3,420.58 |
| 52 Week Low | US$3,235.00 |
| Beta | 1.01 |
| 1 Month Change | n/a |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 11.21% |
Recent News & Updates
Recent updates
Shareholder Returns
| EGP * | MX Industrial REITs | MX Market | |
|---|---|---|---|
| 7D | 0% | 0.9% | 0.2% |
| 1Y | n/a | -15.3% | -8.5% |
Return vs Industry: Insufficient data to determine how EGP * performed against the MX Industrial REITs industry.
Return vs Market: Insufficient data to determine how EGP * performed against the MX Market.
Price Volatility
| EGP * volatility | |
|---|---|
| EGP * Average Weekly Movement | n/a |
| Industrial REITs Industry Average Movement | 3.3% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in MX Market | 6.9% |
| 10% least volatile stocks in MX Market | 2.7% |
Stable Share Price: EGP *'s share price has been volatile over the past 3 months compared to the MX market.
Volatility Over Time: Insufficient data to determine EGP *'s volatility change 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
| EGP * fundamental statistics | |
|---|---|
| Market cap | Mex$165.51b |
| Earnings (TTM) | Mex$4.82b |
| Revenue (TTM) | Mex$13.03b |
34.3x
P/E Ratio12.7x
P/S RatioIs EGP * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EGP * 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 06, 2025
| Earnings per share (EPS) | 4.71 |
| Gross Margin | 72.86% |
| Net Profit Margin | 37.04% |
| Debt/Equity Ratio | 57.4% |
How did EGP * perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield61%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 18:54 |
| End of Day Share Price | 2025/01/14 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
EastGroup Properties, Inc. is covered by 47 analysts. 11 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 |