EastGroup Properties, Inc. (EGP)
| Market Cap | 9.32B |
| Revenue (ttm) | 638.53M |
| Net Income (ttm) | 227.75M |
| Shares Out | 51.94M |
| EPS (ttm) | 4.66 |
| PE Ratio | 38.51 |
| Forward PE | 36.61 |
| Dividend | $5.60 (3.12%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 491,227 |
| Open | 180.53 |
| Previous Close | 179.66 |
| Day's Range | 177.90 - 180.79 |
| 52-Week Range | 155.10 - 192.61 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 193.13 (+7.62%) |
| Earnings Date | Feb 6, 2025 |
About EGP
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 locatio... [Read more]
Financial Performance
In 2024, EastGroup Properties's revenue was $638.53 million, an increase of 12.73% compared to the previous year's $566.40 million. Earnings were $227.75 million, an increase of 13.60%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for EGP stock is "Buy." The 12-month stock price forecast is $193.13, which is an increase of 7.62% from the latest price.
News
EastGroup Properties, Inc. (EGP) Q4 2024 Earnings Call Transcript
EastGroup Properties, Inc. (NYSE:EGP) Q4 2024 Earnings Conference Call February 7, 2025 11:00 AM ET Company Participants Marshall Loeb - President and Chief Executive Officer Keena Frazier - Director...
EastGroup Properties Announces Fourth Quarter and Full Year 2024 Results
Fourth Quarter 2024 Highlights Net Income Attributable to Common Stockholders of $1.16 Per Diluted Share for Fourth Quarter 2024 Compared to $1.35 Per Diluted Share for Fourth Quarter 2023 (Gains on S...
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EastGroup Properties Announces the Income Tax Treatment of its 2024 Distributions
JACKSON, Miss. , Jan. 27, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today the income tax treatment of its 2024 distributions as described bel...
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EastGroup Properties is trading at a 52-week low, presenting a buying opportunity for long-term income and growth investors. EGP focuses on high-demand, supply-constrained Sunbelt markets with multi-t...
EGP: Rising Dividends With Industrial Real Estate
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EastGroup Properties Announces Fourth Quarter 2024 Earnings Conference Call and Webcast
JACKSON, Miss. , Jan. 7, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Fourth Quarter Earnings Conference Call and We...
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EastGroup Properties Announces Recent Business Activity
JACKSON, Miss. , Dec. 30, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity.
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EastGroup Properties Announces 180th Consecutive Quarterly Cash Dividend
JACKSON, Miss. , Dec. 2, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per ...
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