EGP Stock Price, EastGroup Properties Inc Quote, Chart

Market Summary

USD156.47+0.73

Delayedas of 26 Apr 2024, 10:59 am

0.47%

EGP Stock Price

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EGP RSI Chart

EGP Valuation

Market Cap

7.6B

Price/Earnings (Trailing)

35.65

Price/Sales (Trailing)

12.97

Price/Free Cashflow

21.14

EGP Price/Sales (Trailing)

EGP Profitability

Return on Equity

8.07%

Return on Assets

4.69%

Free Cashflow Yield

4.73%

EGP Fundamentals

EGP Revenue

Revenue (TTM)

589.8M

Rev. Growth (Yr)

14.22%

Rev. Growth (Qtr)

3.4%

EGP Earnings

Earnings (TTM)

214.5M

Earnings Growth (Yr)

31.21%

Earnings Growth (Qtr)

-7.58%

Breaking Down EGP Revenue

52 Week Range

155.77188.85

(Low)(High)

Last 7 days

-2.1%

Last 30 days

-11.4%

Last 90 days

-12.9%

Trailing 12 Months

-4.1%

How does EGP drawdown profile look like?

EGP Financial Health

EGP Investor Care

Dividend Yield

3.18%

Dividend/Share (TTM)

5.06

Shares Dilution (1Y)

8.52%

Diluted EPS (TTM)

4.62

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	589.8M	0	0	0
2023	509.1M	530.4M	551.3M	570.6M
2022	424.5M	443.5M	464.6M	487.0M
2021	372.3M	382.2M	394.8M	409.5M
2020	341.2M	348.8M	356.9M	363.0M
2019	307.0M	314.2M	322.8M	331.4M
2018	280.2M	287.2M	293.8M	300.4M
2017	257.6M	263.6M	269.1M	274.1M
2016	239.0M	243.1M	247.7M	253.0M
2015	224.6M	228.6M	231.2M	235.0M
2014	206.8M	211.5M	216.3M	219.8M
2013	187.6M	190.5M	195.0M	202.2M
2012	176.3M	179.4M	182.2M	185.8M
2011	170.8M	170.3M	171.0M	173.2M
2010	173.5M	174.0M	174.0M	172.0M
2009	0	169.8M	171.1M	172.4M
2008	0	0	0	168.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of EastGroup Properties Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 26, 2024	wood brent	acquired	-	-	1,430	executive vice president & cfo
Feb 26, 2024	tyler staci h.	acquired	-	-	450	senior vp, cao and secretary
Feb 26, 2024	coleman john f	acquired	-	-	914	executive vice president
Feb 26, 2024	loeb marshall a	acquired	-	-	4,103	president and ceo
Feb 26, 2024	dunbar richard reid	acquired	-	-	824	senior vice president
Feb 26, 2024	collins ryan m	acquired	-	-	715	senior vice president
Feb 14, 2024	tyler staci h.	acquired	-	-	3,213	senior vp, cao and secretary
Feb 14, 2024	collins ryan m	acquired	-	-	5,319	senior vice president
Feb 14, 2024	collins ryan m	sold (taxes)	-305,644	183	-1,666	senior vice president
Feb 14, 2024	coleman john f	sold (taxes)	-347,840	183	-1,896	executive vice president

Which funds bought or sold EGP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	IAG Wealth Partners, LLC	unchanged	-	-358	17,078	-%
Apr 24, 2024	BROWN ADVISORY INC	reduced	-17.16	-26,073,800	112,163,000	0.15%
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-14.77	-1,112,000	5,008,000	0.01%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	1.07	-3,820	374,640	0.01%
Apr 24, 2024	CENTRAL TRUST Co	unchanged	-	-649	30,921	-%
Apr 24, 2024	Robeco Institutional Asset Management B.V.	added	33.9	77,408	325,922	-%
Apr 24, 2024	Spire Wealth Management	unchanged	-	-193	19,415	-%
Apr 23, 2024	REGIONS FINANCIAL CORP	reduced	-2.13	-16,044	371,225	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	added	12.36	164,000	1,798,000	0.06%
Apr 23, 2024	Louisiana State Employees Retirement System	added	5.38	76,829	2,462,850	0.05%

Are Funds Buying or Selling EGP?

Are funds buying EGP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own EGP

No. of Funds

Unveiling EastGroup Properties Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	14.36%	6,652,922	SC 13G/A
Jan 29, 2024	state street corp	5.49%	2,545,791	SC 13G/A
Jan 24, 2024	blackrock inc.	11.6%	5,371,227	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	1.7%	719,386	SC 13G/A
Feb 09, 2023	vanguard group inc	14.72%	6,415,688	SC 13G/A
Feb 03, 2023	state street corp	5.35%	2,330,635	SC 13G/A
Jan 26, 2023	blackrock inc.	11.2%	4,883,295	SC 13G/A
Jan 20, 2023	blackrock inc.	11.2%	4,883,295	SC 13G/A
Sep 08, 2022	blackrock inc.	10.6%	4,637,005	SC 13G
Feb 14, 2022	price t rowe associates inc /md/	6.7%	2,763,335	SC 13G/A

Recent SEC filings of EastGroup Properties Inc

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	10-Q	Quarterly Report
Apr 23, 2024	8-K	Current Report
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading

Peers (Alternatives to EastGroup Properties Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.6B	11.1B	-10.93%	-13.71%	58.97	7.23	4.04%	-19.43%
CCI	40.9B	7.0B	-7.55%	-21.57%	27.25	5.86	-0.07%	-10.36%
AVB	27.2B	2.8B	5.99%	11.94%	29.29	9.83	6.73%	-18.30%
ARE	19.9B	3.0B	-5.56%	-2.28%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	0.42%	10.98%	29.97	8.06	7.80%	39.39%
REG	10.9B	1.3B	0.22%	-0.72%	29.89	8.24	8.04%	-24.50%
BXP	9.7B	3.3B	1.39%	20.98%	51.1	2.97	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.1B	3.80%	8.31%	35.91	7.52	5.38%	-38.52%
MAC	3.3B	884.1M	-7.80%	63.34%	-12.11	3.75	2.90%	-314.82%
SLG	3.3B	899.4M	0.34%	130.33%	-5.84	3.67	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	0.71%	18.73%	19.99	2.93	4.38%	15.77%
AIV	1.2B	198.2M	0.50%	5.01%	-7.34	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.13%	4.35%	13.43	1.78	25.53%	134.62%
NYMT	636.8M	258.7M	1.45%	-29.99%	-13.09	2.46	0.11%	83.70%
IVR	408.5M	277.9M	-9.26%	-18.00%	-25.76	1.47	44.33%	96.06%

EastGroup Properties Inc News

Latest updates

EastGroup Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.4%	154	149	147	140	135	130	126	119	113	107	105	100	98.00	93.00	92.00	90.00	89.00	87.00	84.00	82.00	79.00
Costs and Expenses	7.4%	95.00	89.00	87.00	85.00	83.00	80.00	78.00	74.00	72.00	66.00	66.00	64.00	62.00	60.00	59.00	58.00	57.00	57.00	53.00	55.00	50.00
S&GA Expenses	-100.0%	-	4.00	3.00	4.00	5.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	4.00	3.00	5.00	3.00	5.00	4.00
Interest Expenses	-9.4%	10.00	11.00	11.00	13.00	13.00	12.00	10.00	9.00	8.00	8.00	8.00	8.00	8.00	9.00	8.00	8.00	8.00	8.00	9.00	9.00	9.00
Net Income	-7.6%	59.00	63.00	49.00	43.00	45.00	39.00	38.00	46.00	64.00	72.00	31.00	28.00	27.00	37.00	24.00	23.00	23.00	51.00	23.00	27.00	23.00
Net Income Margin	3.5%	0.36*	0.35*	0.32*	0.31*	0.33*	0.38*	0.47*	0.48*	0.46*	0.38*	0.31*	0.30*	-	-	-	-	-	-	-	-	-
Free Cashflow	206.8%	117	38.00	121	85.00	93.00	40.00	100	94.00	82.00	15.00	100	63.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.3%	4,577	4,519	4,355	4,204	4,080	4,036	3,962	3,852	3,345	3,215	2,985	2,856	2,757	2,721	2,636	2,623	2,605	2,546	2,400	2,295	2,172
Cash Equivalents	-61.2%	16.00	40.00	0.00	1.00	9.00	0.00	5.00	6.00	6.00	4.00	0.00	39.00	0.00	0.00	0.00	0.00	1.00	0.00	0.00	0.00	2.00
Liabilities	0.4%	1,918	1,911	1,976	1,990	2,044	2,082	1,972	1,866	1,670	1,644	1,565	1,482	1,440	1,450	1,391	1,406	1,412	1,344	1,292	1,286	1,250
Shareholder's Equity	2.0%	2,659	2,608	2,379	2,214	2,036	1,953	1,990	1,986	1,674	1,571	1,420	1,373	1,317	1,271	1,245	1,217	1,192	1,202	1,109	1,009	921
Retained Earnings	-	-	-	-	359	-	335	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid-In Capital	1.6%	2,997	2,950	2,706	2,536	2,355	2,252	2,267	2,263	1,956	1,887	1,766	1,715	1,652	1,610	1,592	1,558	1,526	1,514	1,443	1,337	1,246
Shares Outstanding	0.7%	48.00	48.00	45.00	45.00	44.00	44.00	42.00	42.00	41.00	41.00	40.00	40.00	-	-	-	-	-	-	-	-	-
Minority Interest	2.9%	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Float	-	-	-	-	7,754	-	-	-	6,625	-	-	-	6,542	-	-	-	4,560	-	-	-	4,259	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	206.8%	116,900	38,103	121,320	85,318	93,461	39,950	100,399	93,888	82,264	15,326	99,756	62,588	78,822	16,678	62,925	65,243	51,439	25,216	72,309	56,905	41,482
Share Based Compensation	-100.0%	-	1,041	2,766	2,771	3,477	772	2,855	3,062	2,594	8,342	-2,461	-2,893	-2,147	7,318	-2,036	-2,694	-1,781	7,488	-1,739	-2,291	-1,447
Cashflow From Investing	31.8%	-123,232	-180,599	-180,656	-143,980	-64,823	-135,594	-124,416	-146,993	-114,145	-208,748	-174,970	-81,626	-63,919	-98,574	-43,021	-48,037	-98,624	-135,351	-123,144	-135,912	-48,930
Cashflow From Financing	-110.0%	-18,306	182,385	58,628	50,354	-19,304	90,852	23,310	52,942	33,206	197,568	36,896	57,535	-14,856	81,898	-19,989	-17,773	47,632	110,229	50,639	77,502	8,905

EGP Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - Unaudited - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES
Income from real estate operations	$ 154,074	$ 133,964
Other revenue	150	1,061
Revenues	154,224	135,025
EXPENSES
Expenses from real estate operations	43,003	36,186
Depreciation and amortization	45,169	41,014
General and administrative	6,681	5,204
Indirect leasing costs	177	140
Expenses	95,030	82,544
OTHER INCOME (EXPENSE)
Interest expense	(10,061)	(13,025)
Gains on sales of real estate investments	8,751	4,809
Other	774	439
Net Income	58,658	44,704
Net income attributable to noncontrolling interest in joint ventures	(14)	(14)
NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS	58,644	44,690
Other comprehensive income (loss) - interest rate swaps	5,894	(10,262)
TOTAL COMPREHENSIVE INCOME	$ 64,538	$ 34,428
BASIC PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Net income attributable to common stockholders	$ 1.23	$ 1.02
Weighted average shares outstanding (in shares)	47,860	43,751
DILUTED PER COMMON SHARE DATA FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS
Net income attributable to common stockholders	$ 1.22	$ 1.02
Weighted average shares outstanding (in shares)	47,961	43,823

EGP Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Real estate properties

$ 4,927,921

$ 4,853,548

Development and value-add properties

^[1]

670,250

639,647

Real estate, development and value-add properties

5,598,171

5,493,195

Less accumulated depreciation

(1,299,905)

(1,273,723)

Real estate, net

4,298,266

4,219,472

Unconsolidated investment

7,816

7,539

Cash and cash equivalents

15,625

40,263

Other assets

255,298

251,939

TOTAL ASSETS

4,577,005

4,519,213

LIABILITIES

Unsecured bank credit facilities, net of debt issuance costs

(1,281)

(1,520)

Unsecured debt, net of debt issuance costs

1,676,573

1,676,347

Accounts payable and accrued expenses

155,255

146,337

Other liabilities

87,099

89,415

Total Liabilities

1,917,646

1,910,579

STOCKHOLDERS' EQUITY

Common shares; $.0001 par value; 70,000,000 shares authorized; 48,010,613 shares issued and outstanding at March 31, 2024 and 47,700,432 at December 31, 2023

5

Excess shares; $.0001 par value; 30,000,000 shares authorized; zero shares issued

0

Additional paid-in capital

2,997,210

2,949,907

Distributions in excess of earning

(368,954)

(366,473)

Accumulated other comprehensive income

30,782

24,888

Total Stockholders' Equity

2,659,043

2,608,327

Noncontrolling interest in joint ventures

316

307

Total Equity

2,659,359

2,608,634

TOTAL LIABILITIES AND EQUITY

$ 4,577,005

$ 4,519,213

BALANCE SHEET PARENTHETICAL DISCLOSURES

Common shares, par value (in dollars per share)

$ 0.0001

Common shares, authorized

70,000,000

Common shares, issued

48,010,613

47,700,432

Common shares, outstanding

48,010,613

47,700,432

Excess shares, par value

$ 0.0001

Excess shares, authorized

30,000,000

Excess Stock, Shares Issued

0

[1]	Value-add properties are defined in Note 6.

About EastGroup Properties Inc

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 57.6 million square feet.

CEO	Mr. Marshall A. Loeb
WEBSITE	eastgroup.net
INDUSTRY	REIT Mortgage
EMPLOYEES	87

EastGroup Properties Inc Frequently Asked Questions

What is the ticker symbol for EastGroup Properties Inc? What does EGP stand for in stocks?

EGP is the stock ticker symbol of EastGroup Properties Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of EastGroup Properties Inc (EGP)?

As of Thu Apr 25 2024, market cap of EastGroup Properties Inc is 7.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EGP stock?

You can check EGP's fair value in chart for subscribers.

What is the fair value of EGP stock?

You can check EGP's fair value in chart for subscribers. The fair value of EastGroup Properties Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of EastGroup Properties Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EGP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is EastGroup Properties Inc a good stock to buy?

The fair value guage provides a quick view whether EGP is over valued or under valued. Whether EastGroup Properties Inc is cheap or expensive depends on the assumptions which impact EastGroup Properties Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EGP.

What is EastGroup Properties Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, EGP's PE ratio (Price to Earnings) is 35.65 and Price to Sales (PS) ratio is 12.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EGP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on EastGroup Properties Inc's stock?

In the past 10 years, EastGroup Properties Inc has provided 0.122 (multiply by 100 for percentage) rate of return.