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EastGroup Properties, Inc. (EGP)

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181.82 +2.38 (+1.32%)
As of 10:04 AM EDT. Market Open.
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DELL
  • Previous Close 179.44
  • Open 180.52
  • Bid 180.63 x 900
  • Ask 181.51 x 900
  • Day's Range 180.55 - 182.12
  • 52 Week Range 154.75 - 192.61
  • Volume 14,538
  • Avg. Volume 315,542
  • Market Cap (intraday) 8.86B
  • Beta (5Y Monthly) 1.01
  • PE Ratio (TTM) 37.96
  • EPS (TTM) 4.79
  • Earnings Date Oct 23, 2024
  • Forward Dividend & Yield 5.60 (3.12%)
  • Ex-Dividend Date Sep 30, 2024
  • 1y Target Est 198.59

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.net

95

Full Time Employees

December 31

Fiscal Year Ends

Recent News: EGP

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Performance Overview: EGP

Trailing total returns as of 10/16/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

EGP
1.29%
S&P 500
21.98%

1-Year Return

EGP
13.16%
S&P 500
34.44%

3-Year Return

EGP
8.83%
S&P 500
30.12%

5-Year Return

EGP
64.07%
S&P 500
94.22%

Compare To: EGP

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Statistics: EGP

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Valuation Measures

Annual
As of 10/15/2024
  • Market Cap

    8.74B

  • Enterprise Value

    10.40B

  • Trailing P/E

    37.38

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    13.93

  • Price/Book (mrq)

    3.16

  • Enterprise Value/Revenue

    17.07

  • Enterprise Value/EBITDA

    23.41

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    37.16%

  • Return on Assets (ttm)

    3.42%

  • Return on Equity (ttm)

    9.09%

  • Revenue (ttm)

    608.99M

  • Net Income Avi to Common (ttm)

    226.28M

  • Diluted EPS (ttm)

    4.79

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    69.09M

  • Total Debt/Equity (mrq)

    61.20%

  • Levered Free Cash Flow (ttm)

    311.18M

Research Analysis: EGP

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 159.09M
Earnings 55.29M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

174.00 Low
198.59 Average
181.82 Current
220.00 High
 

Company Insights: EGP

Research Reports: EGP

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  • Lowering 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.

    Rating
    Price Target
     
  • Lowering target price to $192.00

    EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $192.000000; 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.

    Rating
    Price Target
     
  • What does Argus have to say about EGP?

    EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $200.000000; 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.

    Rating
    Price Target
     
  • Raising target price to $200.00

    EASTGROUP PROPERTIES INC has an Investment Rating of HOLD; a target price of $200.000000; 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.

    Rating
    Price Target
     

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