EastGroup Properties, Inc. (EGP)
- Previous Close
171.28 - Open
171.97 - Bid 170.60 x 900
- Ask 171.94 x 800
- Day's Range
170.94 - 173.36 - 52 Week Range
155.23 - 192.61 - Volume
284,559 - Avg. Volume
329,878 - Market Cap (intraday)
8.475B - Beta (5Y Monthly) 1.01
- PE Ratio (TTM)
35.37 - EPS (TTM)
4.84 - Earnings Date Oct 23, 2024
- Forward Dividend & Yield 5.60 (3.27%)
- Ex-Dividend Date Sep 30, 2024
- 1y Target Est
199.26
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. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 59 million square feet.
www.eastgroup.netRecent News: EGP
View MorePerformance Overview: EGP
Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: EGP
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: EGP
View MoreValuation Measures
Market Cap
8.48B
Enterprise Value
10.10B
Trailing P/E
35.30
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
13.16
Price/Book (mrq)
2.99
Enterprise Value/Revenue
16.15
Enterprise Value/EBITDA
22.17
Financial Highlights
Profitability and Income Statement
Profit Margin
37.04%
Return on Assets (ttm)
3.45%
Return on Equity (ttm)
8.93%
Revenue (ttm)
627.82M
Net Income Avi to Common (ttm)
232.57M
Diluted EPS (ttm)
4.84
Balance Sheet and Cash Flow
Total Cash (mrq)
34.3M
Total Debt/Equity (mrq)
58.14%
Levered Free Cash Flow (ttm)
299.86M
Research Analysis: EGP
View MoreCompany Insights: EGP
EGP does not have Company Insights
Research Reports: EGP
View MoreLowering target price to $183.00
EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $183.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $189.00
EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $189.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $188.00
EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $188.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetLowering target price to $187.00
EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $187.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice Target