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Eastgroup Properties (EGP)
NYSE:EGP
EGP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$155.10 - $192.61
Previous CloseN/A
Volume93.36K
Average Volume (3M)438.61K
Market Cap
$9.35B
Enterprise Value$9.63B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)38.6
Beta0.95
Next Earnings
Apr 29, 2025EPS Estimate
1.1Last Dividend Ex-Date
Dec 31, 2024Dividend Yield2.97%
Share Statistics
EPS (TTM)4.66
Shares Outstanding52,024,017
10 Day Avg. Volume548,674
30 Day Avg. Volume438,606
Standard Deviation0.07
R-Squared0.54
Alpha-0.00344
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)14.63
Price to Cash Flow (P/CF)43.40
P/FCF Ratio0.00
Enterprise Value/Market Cap1.03
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.38K
Enterprise Value/Ebitda21.66
Forecast
1Y Price Target
$194.44Price Target Upside8.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
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Eastgroup Properties News
PremiumCompany Announcements
EastGroup Properties Reports Mixed 2024 Earnings
PremiumCompany Announcements
EastGroup Properties Reports Strong Q4 Despite Challenges
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Bulls Say, Bears Say
Bulls Say
Development And GrowthEGP is expected to acquire three projects totaling nearly $250mm during 4Q with initial yields expected to be in the high 5s with embedded mark-to-market.
Financial StabilityThe company continues to deliver favorable operating performance while maintaining one of the best balance sheets in the REIT sector with 2.3x debt/EBITDA proforma.
Leasing PerformanceEGP completed 2.8M SF of new and renewal leasing in 4Q, marking its highest ever quarterly achievement.
Bears Say
Leasing ChallengesLeased up timelines have lengthened to 18-24 months versus less than a year previously as tenants have been more deliberate.
Occupancy RatesEastGroup's portfolio was 95.7% occupied, showing a decline compared to previous quarters.
Tenant Occupancy IssuesConn's Inc. rejected their lease effective October 31, impacting tenant occupancy.
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Ownership Overview
0.94% Insiders
31.10% Mutual Funds
19.77% Other Institutional Investors
22.49% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EGP FAQ
What was Eastgroup Properties’s price range in the past 12 months?
Eastgroup Properties lowest stock price was $155.10 and its highest was $192.61 in the past 12 months.
What is Eastgroup Properties’s market cap?
Eastgroup Properties’s market cap is $9.35B.
When is Eastgroup Properties’s upcoming earnings report date?
Eastgroup Properties’s upcoming earnings report date is Apr 29, 2025 which is in 66 days.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Feb 06, 2025. The company reported $1.157 earnings per share for the quarter, beating the consensus estimate of $1.146 by $0.011.
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 $1.399 which represents an annual dividend yield of 2.97%. See more information on Eastgroup Properties dividends here
What is Eastgroup Properties’s EPS estimate?
Eastgroup Properties’s EPS estimate is 1.1.
How many shares outstanding does Eastgroup Properties have?
Eastgroup Properties has 52,024,017 shares outstanding.
What happened to Eastgroup Properties’s price movement after its last earnings report?
Eastgroup Properties reported an EPS of $1.157 in its last earnings report, beating expectations of $1.146. Following the earnings report the stock price went up 0.738%.
Which hedge fund is a major shareholder of Eastgroup Properties?
Currently, no hedge funds are holding shares in EGP
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Eastgroup Properties Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$194.44 (8.23% Upside)
$194.44 (8.23% Upside)
Blogger Sentiment
Bullish
EGP Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 8.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 10.8%
Last 30 Days ▲ 10.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.11%
12-Months-Change
Fundamentals
Return on Equity
7.72%
Trailing 12-Months
Asset Growth
12.35%
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.
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EGP Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook with strong financial performance, leasing activity, and strategic acquisitions. However, challenges such as occupancy decline, tenant defaults, and issues in the California market were noted. The company remains optimistic about 2025 with strategic plans to address these issues.Read More>---
EGP Stock 12 Month Forecast
Average Price Target
$194.44
▲(8.23% Upside)
Technical Analysis
Prologis
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Stag Industrial
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Terreno Realty
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First Industrial Realty
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Rexford Industrial Realty
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Best Analysts Covering EGP
1 Year
1 Year Success Rate
6/9 ratings generated profit
1 Year Average Return
+9.04%
reiterated a buy rating 17 days ago
Copying Tom Catherwood's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +9.04% per trade.
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