|Bid||117.66 x 800|
|Ask||117.69 x 800|
|Day's Range||116.00 - 117.86|
|52 Week Range||87.69 - 117.86|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||51.46|
|Earnings Date||Jul 17, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||2.88 (2.59%)|
|1y Target Est||113.91|
Rating Action: Moody's affirms EastGroup's issuer rating at Baa2; stable outlook. Global Credit Research- 11 Jun 2019. New York, June 11, 2019-- Moody's Investors Service has affirmed EastGroup Properties, ...
Eastgroup Properties Inc NYSE:EGPView full report here! Summary * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for EGP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EGP. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold EGP had net inflows of $1.03 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
In late April, EastGroup Properties, Inc. (the "Company" or "EastGroup") acquired Logistics Center 6 & 7, which contains a total of 142,000 square feet of multi-tenant business distribution space in two buildings in Dallas. The buildings, which are located in a master-planned park on DFW International Airport-owned property with a 40-year ground lease, were developed in 2018. The buildings were 19% leased at the time of acquisition and are currently 56% leased. The value-add property was acquired for $13 million, and the Company estimates its total investment in the property, including improvements during the lease-up phase, will be approximately $15 million.
Today we'll take a closer look at EastGroup Properties, Inc. (NYSE:EGP) from a dividend investor's perspective. Owning...
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JACKSON, Miss. , May 29, 2019 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) announced today that it is scheduled to present at the Nareit REITweek: 2019 Investor Conference. EastGroup's presentation ...
JACKSON, Miss. , May 23, 2019 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.72 per share payable on July 15, 2019 ...
Prologis Inc. — the largest industrial real estate company in the world — wants to pour more money into Central Floirda. The San Francisco-based real estate investment trust (NYSE: PLD) expects to grow its footprint to 12 million square feet of industrial space in Orlando from 7 million square feet, said Denver Glazier, an investment officer at Prologis.
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JACKSON, Miss. , May 6, 2019 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) announced today that it will be added to the S&P MidCap 400. The Company will be removed from its current membership in the ...
Does EastGroup Properties (EGP) have what it takes to be a top stock pick for momentum investors? Let's find out.
NEW YORK , May 1, 2019 /PRNewswire/ -- S&P SmallCap 600 constituent EastGroup Properties Inc. (NYSE: EGP) will replace The Ultimate Software Group Inc. (NASD: ULTI) in the S&P MidCap 400, and GMS Inc. ...
While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, declining oil prices and the trade war with China, many smart money investors kept their optimism regarding the current bull run in the fourth quarter, while still hedging many of their long positions. However, […]
The real estate investment trust, based in Ridgeland, Mississippi, said it had funds from operations of $43.9 million, or $1.20 per share, in the period. The average estimate of eight analysts surveyed ...
JACKSON, Miss. , April 22, 2019 /PRNewswire/ -- First Quarter 2019 Results Net Income Attributable to Common Stockholders of $0.62 Per Share for First Quarter 2019 Compared to $0.83 Per Share for First ...
EastGroup Properties (EGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, EastGroup Properties, I...