Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Eastgroup Properties (DE:EGO)
FRANKFURT:EGO
Holding DE:EGO?
Track your performance easily
EGO Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€144.00 - €176.00
Previous Close€169
Volume0.00
Average Volume (3M)6.00
Market Cap
€8.24B
Enterprise Value€9.71B
Total Cash (Recent Filing)$39.40M
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)―
Beta0.48
Next Earnings
Oct 22, 2024EPS Estimate
€1.02Next Dividend Ex-Date
Sep 30, 2024Dividend Yield2.66%
Share Statistics
EPS (TTM)N/A
Shares Outstanding48,730,228
10 Day Avg. Volume0
30 Day Avg. Volume6
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.98
Price to Sales (P/S)15.25
Price to Cash Flow (P/CF)18.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.95
Enterprise Value/Gross Profit23.32
Enterprise Value/Ebitda21.95
Forecast
1Y Price Target
€180.18Price Target Upside6.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Eastgroup Properties News
PremiumPress Releases
EastGroup Properties Announces Dividend Increase
Bulls Say, Bears Say
Bulls Say
AcquisitionsEastGroup increased projected FY acquisition activity by nearly 66% to $265M, indicating a recent, material uptick in deals coming to market and attractive pricing.
Financial GuidanceThe company raised the midpoint of 2024 FFO/sh guidance by $0.06 to $8.33.
Leasing PerformanceLeasing remained solid with 2.3 million square feet signed during 2Q24, with blended cash leasing spreads of +41.6%.
Bears Say
Income GrowthLeased occupancy dropped to 97.4%, which has moderated Cash Same-Store Net Operating Income growth.
Occupancy RatesOccupancy fell to 97.1%, indicating a decrease from the previous quarter.
Portfolio PerformanceEastGroup's portfolio was 97.0% leased, showing a quarter-over-quarter decline.
---
Options Prices
Currently, No data available
---
Ownership Overview
2.66% Insiders
35.04% Mutual Funds
44.63% Other Institutional Investors
17.66% Public Companies and
Individual Investors
EGO FAQ
What was Eastgroup Properties’s price range in the past 12 months?
Eastgroup Properties lowest stock price was €144.00 and its highest was €176.00 in the past 12 months.
What is Eastgroup Properties’s market cap?
Currently, no data Available
When is Eastgroup Properties’s upcoming earnings report date?
Eastgroup Properties’s upcoming earnings report date is Oct 22, 2024 which is in 26 days.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Jul 23, 2024. The company reported €1.026 earnings per share for the quarter, beating the consensus estimate of €0.988 by €0.038.
Is Eastgroup Properties overvalued?
According to Wall Street analysts Eastgroup Properties’s price is currently Undervalued.
Does Eastgroup Properties pay dividends?
Eastgroup Properties pays a Quarterly dividend of €1.26 which represents an annual dividend yield of 2.66%. See more information on Eastgroup Properties dividends here
What is Eastgroup Properties’s EPS estimate?
Eastgroup Properties’s EPS estimate is €1.02.
How many shares outstanding does Eastgroup Properties have?
Eastgroup Properties has 48,730,230 shares outstanding.
What happened to Eastgroup Properties’s price movement after its last earnings report?
Eastgroup Properties reported an EPS of €1.026 in its last earnings report, beating expectations of €0.988. Following the earnings report the stock price went down -3.409%.
Which hedge fund is a major shareholder of Eastgroup Properties?
Among the largest hedge funds holding Eastgroup Properties’s share is AEW Capital Management, L.P.. It holds Eastgroup Properties’s shares valued at 11M.
---
Eastgroup Properties Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€180.18 (6.61% Upside)
€180.18 (6.61% Upside)
Blogger Sentiment
Bullish
DE:EGO Sentiment 100%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth $611.5K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.72%
12-Months-Change
Fundamentals
Return on Equity
9.09%
Trailing 12-Months
Asset Growth
12.14%
Trailing 12-Months
Company Description
Eastgroup Properties
EastGroup Properties, Inc. is an equity real estate investment trust, which engages in the development, acquisition and operation of industrial properties in the United States. It operates through Industrial Properties segment. Its portfolio consists of distribution facilities in Florida, California, Texas, Arizona, and North Carolina. The company was founded in 1969 and is headquartered in Ridgeland, MS.
---
EGO Earnings Call
Q2 2024
0:00 / 0:00
---
EGO Stock 12 Month Forecast
Average Price Target
€180.18
▲(6.61% Upside)
Technical Analysis
Eastgroup Properties
―
First Industrial Realty
―
Stag Industrial
―
Rexford Industrial Realty
―
Best Analysts Covering EGO
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+17.07%
reiterated a buy rating 2 months ago
Copying Richard Anderson's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +17.07% per trade.
---