EastGroup Properties, Inc. (EGP)
- Previous Close
165.75 - Open
163.04 - Bid 154.30 x 800
- Ask 161.41 x 1000
- Day's Range
157.40 - 164.98 - 52 Week Range
154.75 - 188.85 - Volume
770,249 - Avg. Volume
285,304 - Market Cap (intraday)
7.585B - Beta (5Y Monthly) --
- PE Ratio (TTM)
35.66 - EPS (TTM)
4.43 - Earnings Date Apr 24, 2024
- Forward Dividend & Yield 5.08 (3.06%)
- Ex-Dividend Date Mar 27, 2024
- 1y Target Est
192.53
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
Performance Overview: EGP
Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: EGP
Valuation Measures
Market Cap
7.96B
Enterprise Value
9.61B
Trailing P/E
37.50
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
13.17
Price/Book (mrq)
3.05
Enterprise Value/Revenue
16.85
Enterprise Value/EBITDA
23.07
Financial Highlights
Profitability and Income Statement
Profit Margin
36.36%
Return on Assets (ttm)
3.39%
Return on Equity (ttm)
9.14%
Revenue (ttm)
589.79M
Net Income Avi to Common (ttm)
214.44M
Diluted EPS (ttm)
4.43
Balance Sheet and Cash Flow
Total Cash (mrq)
15.62M
Total Debt/Equity (mrq)
63.00%
Levered Free Cash Flow (ttm)
394.51M
Research Analysis: EGP
Company Insights: EGP
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: EGP
EGP: Lowering target price to $174.00
EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $174.000000; 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 Medium; and a Value Subrating of Low.
RatingPrice TargetEGP: Lowering target price to $175.00
EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $175.000000; 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 Medium; and a Value Subrating of Low.
RatingPrice TargetEGP: Raising 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 Medium; and a Value Subrating of Low.
RatingPrice TargetEGP: Lowering 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 Medium; and a Value Subrating of Low.
RatingPrice Target