EastGroup Properties, Inc. (EGP)
| Market Cap | 8.45B |
| Revenue (ttm) | 627.82M |
| Net Income (ttm) | 232.57M |
| Shares Out | 49.43M |
| EPS (ttm) | 4.83 |
| PE Ratio | 35.38 |
| Forward PE | 35.97 |
| Dividend | $5.60 (3.28%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 299,979 |
| Open | 173.42 |
| Previous Close | 174.11 |
| Day's Range | 169.30 - 173.65 |
| 52-Week Range | 155.23 - 192.61 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 193.08 (+12.91%) |
| Earnings Date | Oct 23, 2024 |
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 2023, EastGroup Properties's revenue was $570.59 million, an increase of 17.16% compared to the previous year's $487.03 million. Earnings were $200.49 million, an increase of 7.69%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for EGP stock is "Buy." The 12-month stock price forecast is $193.08, which is an increase of 12.91% from the latest price.
News
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conferences
JACKSON, Miss. , Nov. 14, 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: Double-Digit Dividend Growth, Industrial Powerhouse You Should Consider
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EastGroup Properties, Inc. (EGP) Q3 2024 Earnings Call Transcript
EastGroup Properties, Inc. (NYSE:EGP) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Marshall Loeb - President & Chief Executive Officer Keena Frazier - Director-L...
EastGroup Properties Announces Third Quarter 2024 Results
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EastGroup Properties Announces Third Quarter 2024 Earnings Conference Call and Webcast
JACKSON, Miss. , Oct. 1, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Third Quarter Earnings Conference Call and Web...
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EastGroup Properties Announces Dividend Increase
JACKSON, Miss. , Aug. 23, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors approved a 10.2% increase in its quarterly divi...
EastGroup Properties Still Looks Buyable After Solid Q2 2024 Delivery
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EastGroup Properties, Inc. (EGP) Q2 2024 Earnings Call Transcript
EastGroup Properties, Inc. (NYSE:EGP) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Marshall Loeb – President and Chief Executive Officer Keena Frazier – Director-Le...