EastGroup Properties, Inc. (EGP)

Market Cap	7.51B
Revenue (ttm)	589.79M
Net Income (ttm)	214.45M
Shares Out	48.14M
EPS (ttm)	4.62
PE Ratio	33.75
Forward PE	34.48
Dividend	$5.08 (3.26%)
Ex-Dividend Date	Mar 27, 2024

Volume	291,873
Open	156.11
Previous Close	155.74
Day's Range	155.39 - 157.41
52-Week Range	154.75 - 188.85
Beta	0.94
Analysts	Hold
Price Target	184.77 (+18.5%)
Earnings Date	Apr 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...

• Industry: REIT - Industrial
• Sector: Real Estate
• CEO: Marshall A. Loeb
• Employees: 96
• Stock Exchange: NYSE
• Ticker Symbol: EGP

Financial Performance

In 2023, EGP'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%.

Analyst Forecast

According to 13 analysts, the average rating for EGP stock is "Hold." The 12-month stock price forecast is $184.77, which is an increase of 18.50% from the latest price.

Price Target

$184.77

(18.50% upside)

Analyst Consensus: Hold