EastGroup Properties Management
Management criteria checks 3/4
EastGroup Properties' CEO is Marshall Loeb, appointed in Mar 2015, has a tenure of 9.75 years. total yearly compensation is $6.89M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $21.78M. The average tenure of the management team and the board of directors is 7.5 years and 8.9 years respectively.
Key information
Marshall Loeb
Chief executive officer
US$6.9m
Total compensation
| CEO salary percentage | 11.2% |
| CEO tenure | 9.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 7.5yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
EastGroup Properties: Double-Digit Dividend Growth, Industrial Powerhouse You Should Consider
Nov 01EastGroup Properties Still Looks Buyable After Solid Q2 2024 Delivery
Aug 23EastGroup Properties Is Well-Positioned To Benefit From The Upcoming Market Shift
Jul 01EastGroup Properties: A Fully Valued Industrial Sunbelt Play
Apr 22EastGroup 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 17Eastgroup Properties GAAP EPS of $0.87 beats by $0.02, revenue of $125.66M beats by $1.73M
Oct 25Eastgroup Properties raises quarterly dividend by 13.6%
Aug 26Amazon Sneezed, EastGroup Properties Caught A Cold
Aug 18EastGroup Properties: Rocket On The Launching Pad
Jul 30EastGroup Properties: Still Quality, But Still Pricey Too
Apr 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$233m |
| Jun 30 2024 | n/a | n/a | US$226m |
| Mar 31 2024 | n/a | n/a | US$214m |
| Dec 31 2023 | US$7m | US$775k | US$200m |
| Sep 30 2023 | n/a | n/a | US$176m |
| Jun 30 2023 | n/a | n/a | US$165m |
| Mar 31 2023 | n/a | n/a | US$167m |
| Dec 31 2022 | US$5m | US$745k | US$186m |
| Sep 30 2022 | n/a | n/a | US$219m |
| Jun 30 2022 | n/a | n/a | US$212m |
| Mar 31 2022 | n/a | n/a | US$194m |
| Dec 31 2021 | US$5m | US$720k | US$158m |
| Sep 30 2021 | n/a | n/a | US$123m |
| Jun 30 2021 | n/a | n/a | US$116m |
| Mar 31 2021 | n/a | n/a | US$112m |
| Dec 31 2020 | US$5m | US$695k | US$108m |
| Sep 30 2020 | n/a | n/a | US$121m |
| Jun 30 2020 | n/a | n/a | US$119m |
| Mar 31 2020 | n/a | n/a | US$122m |
| Dec 31 2019 | US$5m | US$675k | US$122m |
| Sep 30 2019 | n/a | n/a | US$91m |
| Jun 30 2019 | n/a | n/a | US$91m |
| Mar 31 2019 | n/a | n/a | US$82m |
| Dec 31 2018 | US$4m | US$650k | US$89m |
| Sep 30 2018 | n/a | n/a | US$88m |
| Jun 30 2018 | n/a | n/a | US$80m |
| Mar 31 2018 | n/a | n/a | US$99m |
| Dec 31 2017 | US$5m | US$625k | US$83m |
Compensation vs Market: Marshall's total compensation ($USD6.89M) is about average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: Marshall's compensation has increased by more than 20% in the past year.
CEO
Marshall Loeb (62 yo)
9.8yrs
Tenure
US$6,894,670
Compensation
Mr. Marshall A. Loeb has been Independent Director at Lamar Advertising Company since May 17, 2018. He has been the Chief Executive Officer and President of EastGroup Properties Inc. since January 1, 2016...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.8yrs | US$6.89m | 0.27% $ 21.8m | |
| Executive VP | 7.3yrs | US$3.09m | 0.22% $ 17.8m | |
| Executive VP & Head of Eastern Regional | 23.9yrs | US$2.23m | 0.19% $ 15.3m | |
| Senior VP & Head of Texas Region | 7.6yrs | US$2.05m | 0.040% $ 3.2m | |
| Senior VP & Head of Western Region | 7.6yrs | US$1.73m | 0.035% $ 2.8m | |
| Senior VP | 4.6yrs | no data | 0.023% $ 1.8m | |
| Chief Information Officer & VP | 3.9yrs | no data | no data | |
| Investor Relations | 8.9yrs | no data | no data | |
| VP & Corporate Counsel | 1.9yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Vice President of the Western Regional Office | no data | no data | no data | |
| Vice President of Financial Reporting | 6.9yrs | no data | no data |
7.5yrs
Average Tenure
51yo
Average Age
Experienced Management: EGP's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.9yrs | US$6.89m | 0.27% $ 21.8m | |
| Independent Director | 11yrs | US$199.01k | 0.030% $ 2.4m | |
| Independent Director | 25.3yrs | US$186.10k | 0.070% $ 5.6m | |
| Independent Chairman of the Board | 7.3yrs | US$227.35k | 0.013% $ 1.0m | |
| Independent Director | 19.5yrs | US$196.10k | 0.047% $ 3.8m | |
| Independent Director | 4.4yrs | US$192.10k | 0.0077% $ 612.3k | |
| Independent Director | 2.8yrs | US$183.60k | 0.0051% $ 405.8k |
8.9yrs
Average Tenure
67yo
Average Age
Experienced Board: EGP's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:06 |
| End of Day Share Price | 2024/12/30 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 46 analysts. 10 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 |