EastGroup Properties, Inc. (EGP): Price and Financial Metrics

EastGroup Properties, Inc. (EGP): $175.72

0.51 (-0.29%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: REITs - Industrial

Industry

F

Ranked

#10 of 17

in industry

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%.
EGP's revenue has moved up $229,413,000 over the prior 70 months.

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.


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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 Now

With 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.

Yahoo | December 27, 2023

Here's Why You Should Retain Euronet (EEFT) Stock for Now

Euronet (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.

Yahoo | December 21, 2023

Zacks Industry Outlook Highlights EastGroup Properties, Stag Industrial and Park Hotels & Resorts

EastGroup Properties, Stag Industrial and Park Hotels & Resorts have been highlighted in this Industry Outlook article.

Yahoo | December 19, 2023

3 Equity REIT Stocks Worth Betting on Despite Industry Woes

Despite 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.

Yahoo | December 18, 2023

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.

Yahoo | December 15, 2023

Read More 'EGP' Stories Here

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

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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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