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.
Snowflake Score | |
---|---|
Valuation | 2/6 |
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$178.10 |
52 Week High | US$188.85 |
52 Week Low | US$154.75 |
Beta | 0.94 |
1 Month Change | -0.60% |
3 Month Change | -3.73% |
1 Year Change | 10.13% |
3 Year Change | 24.30% |
5 Year Change | 58.68% |
Change since IPO | 1,013.13% |
Recent News & Updates
Recent updates
EastGroup Properties: A Great Dividend Pick At A Great Premium
Jan 25EastGroup Properties: Guidance Raised Again In Q3, But Wait For Better Price
Nov 09EastGroup Properties: Wait For A Discount To Buy This Quality Industrial REIT
Sep 21Recession Worries? EastGroup Properties Could Be A Better Buy Than STAG Industrial
Aug 24EastGroup Properties: Solid Core Holding At Less Of A Bargain
Jul 17With EPS Growth And More, EastGroup Properties (NYSE:EGP) Makes An Interesting Case
Jan 09Eastgroup Properties GAAP EPS of $0.87 beats by $0.02, revenue of $125.66M beats by $1.73M
Oct 25Here's Why We Think EastGroup Properties (NYSE:EGP) Might Deserve Your Attention Today
Oct 10Eastgroup Properties raises quarterly dividend by 13.6%
Aug 26Amazon Sneezed, EastGroup Properties Caught A Cold
Aug 18EastGroup Properties: Rocket On The Launching Pad
Jul 30Is Now The Time To Put EastGroup Properties (NYSE:EGP) On Your Watchlist?
Jul 04EastGroup Properties: Still Quality, But Still Pricey Too
Apr 18I Ran A Stock Scan For Earnings Growth And EastGroup Properties (NYSE:EGP) Passed With Ease
Feb 24EastGroup Properties: A Closer Look At The Top Industrial REIT
Feb 02EastGroup Properties Stock: A Price That's Too High, Even For Quality
Nov 02EastGroup Properties: Wrestling Over This Excellent But Richly Valued Industrial REIT
Jun 30Shareholder Returns
EGP | US Industrial REITs | US Market | |
---|---|---|---|
7D | -0.8% | 0.1% | 0.4% |
1Y | 10.1% | 5.0% | 28.8% |
Return vs Industry: EGP exceeded the US Industrial REITs industry which returned 5% over the past year.
Return vs Market: EGP underperformed the US Market which returned 29.5% over the past year.
Price Volatility
EGP volatility | |
---|---|
EGP Average Weekly Movement | 2.6% |
Industrial REITs Industry Average Movement | 3.1% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.9% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: EGP has not had significant price volatility in the past 3 months.
Volatility Over Time: EGP's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1969 | 96 | Marshall Loeb | https://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 | |
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Market cap | US$8.53b |
Earnings (TTM) | US$200.49m |
Revenue (TTM) | US$570.59m |
42.5x
P/E Ratio14.9x
P/S RatioIs EGP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
EGP 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
n/a
Earnings per share (EPS) | 4.19 |
Gross Margin | 73.01% |
Net Profit Margin | 35.14% |
Debt/Equity Ratio | 64.3% |
How did EGP perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield64%
Payout RatioDoes EGP pay a reliable dividends?
See EGP dividend history and benchmarksEastGroup Properties dividend dates | |
---|---|
Ex Dividend Date | Mar 27 2024 |
Dividend Pay Date | Apr 15 2024 |
Days until Ex dividend | 2 days |
Days until Dividend pay date | 17 days |
Does EGP pay a reliable dividends?
See EGP dividend history and benchmarks