EastGroup Properties, Inc. (EGP): Price and Financial Metrics
EGP Price/Volume Stats
Current price | $175.72 | 52-week high | $188.85 |
Prev. close | $176.23 | 52-week low | $152.45 |
Day low | $175.51 | Volume | 324,400 |
Day high | $178.22 | Avg. volume | 289,460 |
50-day MA | $180.48 | Dividend yield | 2.83% |
200-day MA | $175.36 | Market Cap | 8.43B |
EGP Stock Price Chart Interactive Chart >
EGP POWR Grades
- Growth is the dimension where EGP ranks best; there it ranks ahead of 79.76% of US stocks.
- EGP's strongest trending metric is Stability; it's been moving up over the last 26 weeks.
- EGP's current lowest rank is in the Value metric (where it is better than 4.85% of US stocks).
EGP Stock Summary
- Of note is the ratio of EASTGROUP PROPERTIES INC's sales and general administrative expense to its total operating expenses; only 3.13% of US stocks have a lower such ratio.
- With a price/sales ratio of 15.19, EASTGROUP PROPERTIES INC has a higher such ratio than 92.77% of stocks in our set.
- In terms of volatility of its share price, EGP is more volatile than merely 3.18% of stocks we're observing.
- Stocks with similar financial metrics, market capitalization, and price volatility to EASTGROUP PROPERTIES INC are IRT, STAG, CUZ, CPT, and OHI.
- EGP's SEC filings can be seen here. And to visit EASTGROUP PROPERTIES INC's official web site, go to www.eastgroup.net.
EGP Valuation Summary
- In comparison to the median Real Estate stock, EGP's price/earnings ratio is 56.89% higher, now standing at 48.4.
- Over the past 243 months, EGP's EV/EBIT ratio has gone up 20.5.
Below are key valuation metrics over time for EGP.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
EGP | 2023-12-29 | 15.4 | 3.6 | 48.4 | 45.4 |
EGP | 2023-12-28 | 15.5 | 3.6 | 48.8 | 45.7 |
EGP | 2023-12-27 | 15.6 | 3.6 | 48.9 | 45.8 |
EGP | 2023-12-26 | 15.5 | 3.6 | 48.7 | 45.6 |
EGP | 2023-12-22 | 15.4 | 3.6 | 48.4 | 45.4 |
EGP | 2023-12-21 | 15.3 | 3.6 | 48.1 | 45.2 |
EGP Growth Metrics
- The 3 year revenue growth rate now stands at 38.29%.
- The year over year net cashflow from operations growth rate now stands at 16.21%.
- Its 2 year cash and equivalents growth rate is now at 752.16%.
The table below shows EGP's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 487.025 | 316.501 | 186.182 |
2022-09-30 | 464.557 | 291.877 | 219.4 |
2022-06-30 | 443.496 | 294.969 | 212.379 |
2022-03-31 | 424.518 | 259.934 | 193.798 |
2021-12-31 | 409.475 | 256.492 | 157.557 |
2021-09-30 | 394.771 | 257.844 | 122.849 |
EGP's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- EGP has a Quality Grade of C, ranking ahead of 55.91% of graded US stocks.
- EGP's asset turnover comes in at 0.14 -- ranking 133rd of 444 Trading stocks.
- TCI, BFS, and MORN are the stocks whose asset turnover ratios are most correlated with EGP.
The table below shows EGP's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-09-30 | 0.140 | 0.718 | 0.038 |
2021-06-30 | 0.139 | 0.717 | 0.037 |
2021-03-31 | 0.139 | 0.717 | 0.037 |
2020-12-31 | 0.137 | 0.715 | 0.037 |
2020-09-30 | 0.137 | 0.715 | 0.040 |
2020-06-30 | 0.137 | 0.716 | 0.041 |
EGP Price Target
For more insight on analysts targets of EGP, see our EGP price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $176.00 | Average Broker Recommendation | 1.84 (Hold) |
EastGroup Properties, Inc. (EGP) Company Bio
EastGroup Properties is 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 was founded in 1969 and is based in Jackson, Mississippi.
Latest EGP News From Around the Web
Below are the latest news stories about EASTGROUP PROPERTIES INC that investors may wish to consider to help them evaluate EGP as an investment opportunity.
Here's Why 2024 Could be Great for REITs: 4 Stocks to Buy NowWith the Fed's accommodative approach and several asset categories displaying favorable market fundamentals, REITs like EQIX, O, EGP and STAG seem well-poised to excel in 2024. |
Here's Why You Should Retain Euronet (EEFT) Stock for NowEuronet (EEFT) remains well-poised for growth, attributable to impressive top-line growth as a result of solid segment contributions. Buyouts act as a means to upgrade its capabilities. |
Zacks Industry Outlook Highlights EastGroup Properties, Stag Industrial and Park Hotels & ResortsEastGroup Properties, Stag Industrial and Park Hotels & Resorts have been highlighted in this Industry Outlook article. |
3 Equity REIT Stocks Worth Betting on Despite Industry WoesDespite broad-based economic uncertainty, the Zacks REIT and Equity Trust - Other industry players such as EGP, STAG and PK are likely to benefit from the healthy industrial real estate market fundamentals and improving demand across the lodging industry. |
Is Arch Capital Group (ACGL) Stock Outpacing Its Finance Peers This Year?Here is how Arch Capital Group (ACGL) and EastGroup Properties (EGP) have performed compared to their sector so far this year. |
EGP Price Returns
1-mo | -3.83% |
3-mo | -2.20% |
6-mo | 6.46% |
1-year | 11.72% |
3-year | 35.90% |
5-year | 80.25% |
YTD | -4.26% |
2023 | 27.69% |
2022 | -33.07% |
2021 | 68.44% |
2020 | 6.76% |
2019 | 48.23% |
EGP Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching EGP
Want to see what other sources are saying about Eastgroup Properties Inc's financials and stock price? Try the links below:Eastgroup Properties Inc (EGP) Stock Price | Nasdaq
Eastgroup Properties Inc (EGP) Stock Quote, History and News - Yahoo Finance
Eastgroup Properties Inc (EGP) Stock Price and Basic Information | MarketWatch
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