EastGroup Properties, Inc. (EGP)
- 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.netRecent 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
1-Year Return
3-Year Return
5-Year Return
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Statistics: EGP
View MoreValuation Measures
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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Research Reports: EGP
View MoreLowering 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 TargetLowering 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.
RatingPrice TargetWhat 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.
RatingPrice TargetRaising 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.
RatingPrice Target