EastGroup Properties Statistics
Total Valuation
EGP has a market cap or net worth of $8.38 billion. The enterprise value is $10.05 billion.
Important Dates
The last earnings date was Wednesday, October 23, 2024, after market close.
| Earnings Date | Oct 23, 2024 |
| Ex-Dividend Date | Sep 30, 2024 |
Share Statistics
EGP has 49.43 million shares outstanding. The number of shares has increased by 8.06% in one year.
| Current Share Class | 49.43M |
| Shares Outstanding | 49.43M |
| Shares Change (YoY) | +8.06% |
| Shares Change (QoQ) | +1.35% |
| Owned by Insiders (%) | 1.41% |
| Owned by Institutions (%) | 95.81% |
| Float | 48.62M |
Valuation Ratios
The trailing PE ratio is 35.09 and the forward PE ratio is 35.68. EGP's PEG ratio is 3.94.
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | 35.09 |
| Forward PE | 35.68 |
| PS Ratio | 13.04 |
| Forward PS | 11.95 |
| PB Ratio | 2.96 |
| P/TBV Ratio | 3.00 |
| P/FCF Ratio | 21.05 |
| P/OCF Ratio | 21.05 |
| PEG Ratio | 3.94 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 24.39, with an EV/FCF ratio of 25.07.
| EV / Earnings | 43.21 |
| EV / Sales | 16.01 |
| EV / EBITDA | 24.39 |
| EV / EBIT | 39.97 |
| EV / FCF | 25.07 |
Financial Position
The company has a current ratio of 0.46, with a Debt / Equity ratio of 0.58.
| Current Ratio | 0.46 |
| Quick Ratio | 0.38 |
| Debt / Equity | 0.58 |
| Debt / EBITDA | 3.98 |
| Debt / FCF | 4.11 |
| Interest Coverage | 6.15 |
Financial Efficiency
Return on equity (ROE) is 8.93% and return on invested capital (ROIC) is 3.67%.
| Return on Equity (ROE) | 8.93% |
| Return on Assets (ROA) | 3.45% |
| Return on Capital (ROIC) | 3.67% |
| Revenue Per Employee | $6.54M |
| Profits Per Employee | $2.42M |
| Employee Count | 96 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -3.46% in the last 52 weeks. The beta is 1.01, so EGP's price volatility has been similar to the market average.
| Beta (5Y) | 1.01 |
| 52-Week Price Change | -3.46% |
| 50-Day Moving Average | 177.42 |
| 200-Day Moving Average | 175.78 |
| Relative Strength Index (RSI) | 42.30 |
| Average Volume (20 Days) | 340,222 |
Short Selling Information
The latest short interest is 1.75 million, so 3.54% of the outstanding shares have been sold short.
| Short Interest | 1.75M |
| Short Previous Month | 1.32M |
| Short % of Shares Out | 3.54% |
| Short % of Float | 3.60% |
| Short Ratio (days to cover) | 4.44 |
Income Statement
In the last 12 months, EGP had revenue of $627.82 million and earned $232.57 million in profits. Earnings per share was $4.83.
| Revenue | 627.82M |
| Gross Profit | 457.43M |
| Operating Income | 251.42M |
| Pretax Income | 226.28M |
| Net Income | 232.57M |
| EBITDA | 412.09M |
| EBIT | 251.42M |
| Earnings Per Share (EPS) | $4.83 |
Full Income StatementBalance Sheet
The company has $34.30 million in cash and $1.65 billion in debt, giving a net cash position of -$1.61 billion or -$32.63 per share.
| Cash & Cash Equivalents | 34.30M |
| Total Debt | 1.65B |
| Net Cash | -1.61B |
| Net Cash Per Share | -$32.63 |
| Equity (Book Value) | 2.83B |
| Book Value Per Share | 57.66 |
| Working Capital | -178.10M |
Full Balance SheetCash Flow
| Operating Cash Flow | 400.80M |
| Capital Expenditures | n/a |
| Free Cash Flow | 400.80M |
| FCF Per Share | $8.11 |
Full Cash Flow StatementMargins
Gross margin is 72.86%, with operating and profit margins of 40.05% and 37.04%.
| Gross Margin | 72.86% |
| Operating Margin | 40.05% |
| Pretax Margin | 37.05% |
| Profit Margin | 37.04% |
| EBITDA Margin | 65.64% |
| EBIT Margin | 40.05% |
| FCF Margin | -38.55% |
Dividends & Yields
This stock pays an annual dividend of $5.60, which amounts to a dividend yield of 3.30%.
| Dividend Per Share | $5.60 |
| Dividend Yield | 3.30% |
| Dividend Growth (YoY) | 3.78% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 115.85% |
| Buyback Yield | -8.06% |
| Shareholder Yield | -4.78% |
| Earnings Yield | 2.76% |
| FCF Yield | 4.75% |
Dividend DetailsAnalyst Forecast
The average price target for EGP is $193.08, which is 13.83% higher than the current price. The consensus rating is "Buy".
| Price Target | $193.08 |
| Price Target Difference | 13.83% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | 27.12% |
Stock ForecastsStock Splits
The last stock split was on April 8, 1997. It was a forward split with a ratio of 1.5:1.
| Last Split Date | Apr 8, 1997 |
| Split Type | Forward |
| Split Ratio | 1.5:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |