YOLFTbeta
EastGroup Properties Inc

EastGroup Properties Inc

EGP · NYSE · Real Estate / REIT - Industrial

197.62USD-0.43 (-0.22%)

Price History

Full chart

Market Stats

Previous Close198.05
Open199.91
Day Range196.78 – 201.66
52-Week Range161.70 – 226.71
Volume364.70K
Market Cap10.84B
P/E (TTM)35.42
Forward P/E42.02
EPS5.69
Dividend Yield3.46%
Beta1.03
50-Day Avg204.52
200-Day Avg196.14

About

EastGroup Properties, Inc. a member of the S&P Mid-Cap 400 and Russell 2000 Indexes. It is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona 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 location sensitive customers (primarily in the 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. East Groups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 65.7 million square feet. EastGroup Properties, Inc. was incorporated in 1969 and is based in Ridgeland, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Industrial
  • CEOMr. Marshall A. Loeb
  • Employees103
  • Headquarters400 W. Parkway Place, Ridgeland, MS, United States, 39157-6005, USA
  • Websitehttps://www.eastgroup.net

Leadership

  • Mr. Marshall A. LoebCEO & Director · b. 1962
  • Mr. R. Reid DunbarPresident · b. 1976
  • Mr. Brent W. Wood CPAExecutive VP & Chief Operating Officer · b. 1970
  • Mr. Ryan M. CollinsExecutive VP & Head of Western Region · b. 1981
  • Ms. Staci H. Tyler CPAExecutive VP, CFO & Treasurer · b. 1981
  • Ms. Michelle Rayner CPASenior VP & Chief Accounting Officer · b. 1983
  • Mr. Brian Laird CPAChief Information Officer & VP
  • Ms. Wendi PowersInvestor Relations
  • Ms. Ceejaye PetersVP & Corporate Counsel
  • Ms. Shelby TrustyVice President of Human Resources

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue9.10M7.70M10.90M25.60M14.80M17.50M10.10M20.70M27.20M30.26M39.77M53.62M76.73M86.24M98.10M105.30M105.81M108.44M114.68M126.50M133.61M150.73M168.57M172.35M173.13M174.63M185.84M202.17M219.83M235.01M253.05M274.15M299.02M330.81M363.02M409.48M487.02M566.40M638.53M721.34M
Growth (%)--15.38%+41.56%+134.86%-42.19%+18.24%-42.29%+104.95%+31.40%+11.26%+31.39%+34.85%+43.09%+12.39%+13.76%+7.33%+0.49%+2.49%+5.76%+10.31%+5.62%+12.81%+11.84%+2.24%+0.45%+0.87%+6.42%+8.79%+8.73%+6.90%+7.68%+8.34%+9.07%+10.63%+9.74%+12.80%+18.94%+16.30%+12.73%+12.97%
Cost of Revenue--------------51.41M57.25M64.44M68.67M72.14M81.80M86.28M41.12M47.37M50.26M51.14M49.41M53.08M58.08M63.01M67.57M74.51M80.11M86.39M93.27M103.37M115.08M133.91M154.03M174.21M408.98M
Gross Profit9.10M7.70M10.90M25.60M14.80M17.50M10.10M20.70M-30.26M39.77M53.62M76.73M86.24M98.10M105.30M105.81M108.44M114.68M126.50M133.61M109.61M121.20M122.09M121.98M125.22M132.76M144.09M156.82M167.44M178.54M194.04M212.62M237.54M259.65M294.40M353.11M412.37M464.31M312.36M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%-100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%72.72%71.90%70.84%70.46%71.71%71.44%71.27%71.34%71.25%70.56%70.78%71.11%71.80%71.53%71.90%72.50%72.81%72.72%43.30%
Operating Expense-800.00K-1.10M-2.00M-8.60M-8.40M-7.90M-8.40M-10.60M-19.59M23.67M28.67M39.72M44.70M51.41M57.60M64.81M69.09M72.63M82.28M86.88M56.20M59.77M63.02M68.68M68.39M71.83M77.51M83.04M88.38M91.17M14.97M13.74M16.82M15.06M16.40M16.91M17.34M21.40M24.80M
Operating Income9.90M8.80M12.90M34.20M23.20M25.40M18.50M31.30M41.40M10.68M16.10M24.95M37.00M41.54M46.69M47.69M41.00M39.35M42.05M44.23M46.73M53.41M61.43M59.07M53.30M56.83M60.93M66.58M73.78M79.06M87.37M179.07M198.89M220.72M244.59M277.99M336.20M395.04M442.91M287.56M
Operating Margin108.79%114.29%118.35%133.59%156.76%145.14%183.17%151.21%152.21%35.28%40.49%46.54%48.23%48.17%47.59%45.30%38.75%36.29%36.67%34.96%34.98%35.43%36.44%34.27%30.79%32.54%32.79%32.93%33.56%33.64%34.53%65.32%66.51%66.72%67.38%67.89%69.03%69.74%69.36%39.87%
EBITDA9.90M8.80M12.90M34.20M25.10M27.40M20.90M64.40M11.70M16.29M23.86M35.36M36.15M61.72M70.51M69.75M67.17M71.75M75.50M83.53M89.22M101.10M114.21M113.73M111.58M231.94M122.63M132.18M135.39M142.87M154.89M168.21M186.73M206.33M228.69M260.74M314.69M370.42M414.47M495.38M
EBITDA Margin108.79%114.29%118.35%133.59%169.59%156.57%206.93%311.11%43.01%53.82%60.00%65.95%47.12%71.57%71.87%66.25%63.48%66.16%65.84%66.03%66.77%67.07%67.75%65.99%64.45%132.81%65.98%65.38%61.59%60.79%61.21%61.36%62.45%62.37%63.00%63.68%64.61%65.40%64.91%68.68%
Net Income8.30M6.70M8.90M14.00M3.00M5.70M-3.70M6.40M7.20M7.71M12.51M20.78M29.34M38.35M36.51M34.18M23.63M20.45M23.33M22.19M29.23M29.73M34.14M26.66M18.32M22.36M25.51M32.62M47.94M47.87M95.51M83.18M88.51M121.66M108.36M157.56M186.18M200.49M227.75M257.42M
Net Income Margin91.21%87.01%81.65%54.69%20.27%32.57%-36.63%30.92%26.47%25.48%31.46%38.75%38.23%44.48%37.22%32.46%22.33%18.85%20.34%17.54%21.88%19.73%20.25%15.47%10.58%12.80%13.73%16.13%21.81%20.37%37.74%30.34%29.60%36.78%29.85%38.48%38.23%35.40%35.67%35.69%
R&D-------------------------000000.410.320.290.370.280.390.380.35--
R&D as % of Total Revenue-------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0000000000000000000024.62M27.31M30.19M32.82M35.17M34.71M35.37M35.19M35.49M34.67M35.21M34.77M35.11M34.46M33.93M32.95M38.50M45.05M36.03M32.11M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%18.42%18.12%17.91%19.04%20.32%19.88%19.03%17.41%16.14%14.75%13.92%12.68%11.74%10.42%9.35%8.05%7.90%7.95%5.64%4.45%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets55.00M50.00M71.10M87.70M83.80M86.50M85.50M107.50M154.90M157.96M281.45M413.13M567.55M632.15M666.21M683.78M702.34M729.27M768.66M863.54M911.79M1.06B1.16B1.18B1.18B1.29B1.35B1.47B1.58B1.67B1.83B1.95B2.13B2.55B2.72B3.22B4.04B4.52B5.08B5.43B
Total Liabilities2.90M1.10M21.80M32.00M30.40M31.70M38.50M58.70M69.90M74.15M132.99M153.38M248.82M260.50M289.12M311.33M344.10M360.52M414.97M496.97M490.84M651.14M742.83M731.42M771.77M880.91M862.93M954.71M1.00B1.11B1.18B1.20B1.23B1.34B1.45B1.64B2.08B1.91B1.78B1.94B
Total Equity52.10M48.90M49.30M55.70M53.40M54.80M47.00M48.80M85.00M82.90M145.33M257.31M316.02M369.31M375.39M370.71M356.49M366.94M351.81M364.86M418.80M402.38M410.84M444.52M411.51M405.61M491.18M518.71M575.62M559.20M641.87M751.13M904.70M1.20B1.27B1.57B1.95B2.61B3.29B3.50B
Cash---------26.00K438.00K1.30M2.78M2.66M2.86M1.77M1.38M1.79M1.21M1.92M940.00K724.00K293.00K1.06M137.00K174.00K1.26M8.00K11.00K48.00K522.00K16.00K374.00K224.00K21.00K4.39M56.00K40.26M17.53M1.01M
Total Debt1.20M300.00K12.30M3.40M22.60M24.20M30.30M50.50M68.30M71.56M129.08M188.95M351.12M243.70M372.71M291.07M322.30M338.27M390.11M463.73M446.51M600.80M695.69M1.38B1.38B1.57B1.50B982.70M1.03B1.18B1.29B1.30B1.30B1.29B1.44B1.66B2.03B1.70B1.55B1.75B
Net Debt1.20M300.00K12.30M3.40M22.60M24.20M30.30M50.50M68.30M71.54M128.64M187.65M348.33M243.70M369.85M289.31M322.30M336.49M388.90M461.81M445.57M600.08M695.40M1.38B735.58M832.51M812.67M893.74M933.17M1.03B1.10B1.11B1.11B1.18B1.32B1.47B1.88B1.66B1.53B1.75B

Cash Flow

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.10M4.60M4.40M5.30M8.40M9.75M14.00M23.68M29.39M46.75M53.02M50.75M53.79M50.64M57.52M66.97M66.57M86.37M83.61M80.59M76.86M86.55M91.81M109.75M117.40M131.38M138.86M155.01M164.73M195.91M196.28M256.49M316.50M338.20M416.59M480.73M
Investing Cash Flow3.50M5.80M-9.20M-19.10M--5.72M-577.00K-79.96M-123.59M-68.87M-43.15M-35.17M-47.41M-54.87M-65.36M-105.17M-75.06M-184.11M-152.18M-80.32M-63.50M-150.83M-119.91M-176.11M-159.51M-156.42M-186.47M-179.43M-241.44M-443.34M-288.26M-529.26M-521.15M-570.06M-724.34M-576.28M
Financing Cash Flow-7.30M-7.70M1.90M16.30M35.90M-4.30M-13.01M57.13M95.69M21.99M-9.66M-16.67M-6.76M4.63M7.26M32.70M7.51M97.52M68.14M501.00K-14.28M64.32M29.18M65.11M42.12M26.41M48.08M23.91M77.06M247.28M91.77M277.14M200.31M272.06M285.02M79.03M
Capital Expenditure006.60M005.19M21.33M90.91M107.03M111.81M64.90M51.16M58.95M52.20M49.73M11.26M13.47M15.88M15.21M14.47M23.72M19.05M73.54M97.05M118.22M24.51M23.67M26.16M37.50M432.04M277.78M33.30M536.97M51.12M59.29M75.83M
Free Cash Flow4.10M4.60M-2.20M5.30M8.40M4.55M-7.34M-67.22M-77.64M-65.06M-11.88M-413.00K-5.17M-1.56M7.80M62.96M53.10M70.49M68.40M66.12M53.14M67.50M18.27M12.70M-819.00K105.53M115.19M128.86M127.23M195.91M196.28M223.19M316.50M287.09M357.30M404.90M
Dividends Paid5.90M5.00M3.70M-7.30M7.78M11.17M18.14M24.07M28.25M34.71M38.28M39.88M42.75M42.55M44.91M47.84M50.68M54.17M54.32M56.29M56.04M61.30M64.80M70.46M75.84M80.90M86.72M71.29M108.80M119.77M131.76M193.94M225.63M252.79M302.51M
FCF to OCF100.00%100.00%-50.00%100.00%100.00%46.73%-52.43%-283.83%-264.15%-139.17%-22.42%-0.81%-9.61%-3.08%13.55%94.01%79.77%81.61%81.81%82.04%69.14%77.99%19.90%11.57%-0.70%80.32%82.95%83.13%77.23%100.00%100.00%87.02%100.00%84.89%85.77%84.23%
Dividend Paid to FCF143.90%108.70%-168.18%-86.90%170.77%-152.21%-26.99%-31.01%-43.41%-292.07%-9268.52%-771.84%-2742.08%545.79%71.32%90.10%71.90%79.20%82.15%105.94%83.03%335.52%510.10%-8602.69%71.87%70.23%67.30%56.04%55.53%61.02%59.03%61.28%78.59%70.75%74.71%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999May 4, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Feb 12, 2002Apr 24, 2002Jul 24, 2002Oct 23, 2002Feb 12, 2003Apr 22, 2003Jul 22, 2003Oct 21, 2003Feb 11, 2004Apr 19, 2004Jul 19, 2004Oct 18, 2004Feb 15, 2005Apr 25, 2005Jul 25, 2005Oct 24, 2005Feb 14, 2006Apr 26, 2006Aug 1, 2006Oct 25, 2006Feb 14, 2007Apr 24, 2007Jul 24, 2007Oct 24, 2007Feb 13, 2008Apr 22, 2008Jul 23, 2008Oct 22, 2008Feb 11, 2009Apr 28, 2009Jul 29, 2009Oct 28, 2009Feb 10, 2010Apr 28, 2010Jul 27, 2010Oct 21, 2010Feb 15, 2011Apr 20, 2011Jul 21, 2011Oct 20, 2011Feb 14, 2012Apr 19, 2012Jul 19, 2012Oct 18, 2012Feb 12, 2013Apr 18, 2013Jul 18, 2013Oct 17, 2013Feb 12, 2014Apr 16, 2014Jul 17, 2014Oct 16, 2014Feb 2, 2015Apr 16, 2015Jul 16, 2015Oct 15, 2015Feb 1, 2016Apr 20, 2016Jul 20, 2016Oct 19, 2016Feb 1, 2017Apr 20, 2017Jul 25, 2017Oct 19, 2017Jan 31, 2018Apr 19, 2018Jul 19, 2018Oct 18, 2018Feb 6, 2019Apr 22, 2019Jul 24, 2019Oct 23, 2019Feb 6, 2020Apr 30, 2020Jul 28, 2020Oct 27, 2020Feb 9, 2021Apr 27, 2021Jul 27, 2021Oct 26, 2021Feb 8, 2022Apr 26, 2022Jul 26, 2022Oct 25, 2022Feb 7, 2023Apr 25, 2023Jul 24, 2023Oct 24, 2023Feb 7, 2024Apr 23, 2024Jul 23, 2024Oct 23, 2024Feb 5, 2025Apr 23, 2025Jul 23, 2025Oct 23, 2025Feb 4, 2026Apr 22, 2026Jul 22, 2026Oct 22, 2026
EPS Estimate--------0.61----------0.17--0.100.210.240.220.280.250.240.240.250.270.240.250.320.280.300.260.250.340.250.280.290.300.290.260.230.220.160.180.160.160.150.190.210.230.230.210.230.250.260.260.280.300.280.310.330.370.300.350.390.380.350.410.450.480.350.450.470.490.480.490.500.540.520.550.540.580.560.560.600.620.610.670.690.790.820.740.840.880.880.910.991.071.041.101.141.191.121.191.251.301.222.372.42
EPS Actual0.300.330.560.470.330.291.100.250.290.290.290.820.270.530.380.320.220.270.160.180.170.200.130.200.210.220.240.230.230.210.230.190.250.220.240.250.250.230.300.360.310.290.290.340.310.280.240.220.180.170.150.180.180.200.210.240.190.210.230.260.240.250.280.280.270.300.330.400.310.450.370.360.320.400.450.470.380.440.460.510.530.520.530.510.560.730.600.520.600.600.620.940.690.690.761.750.800.840.870.890.910.971.071.351.221.141.131.161.141.201.261.271.302.36-
Surprise---------52.46%----------5.88%--30.00%-4.76%-12.50%0.00%-14.29%-8.00%-4.17%-12.50%-8.00%-29.63%4.17%-12.00%-25.00%-10.71%-16.67%-11.54%20.00%5.88%24.00%3.57%0.00%13.33%6.90%7.69%4.35%0.00%12.50%-5.56%-6.25%12.50%20.00%5.26%0.00%4.35%-17.39%0.00%0.00%4.00%-7.69%-3.85%0.00%-6.67%-3.57%-3.23%0.00%8.11%3.33%28.57%-5.13%-5.26%-8.57%-2.44%0.00%-2.08%8.57%-2.22%-2.13%4.08%10.42%6.12%6.00%-5.56%7.69%32.73%11.11%-10.34%7.14%7.14%3.33%51.61%13.11%2.99%10.14%121.52%-2.44%13.51%3.57%1.14%3.41%6.59%8.08%26.17%17.31%3.64%-0.88%-2.34%1.79%0.84%0.80%-2.31%6.56%-0.42%-
Timing--------After-hours----------After-hours--After-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap10.84B
Enterprise Value12.51B
Trailing P/E35.42
Forward P/E42.02
PEG Ratio8.42
Price / Sales14.42
Price / Book3.05
EPS5.69
Book Value67.12
Revenue (TTM)751.43M
Gross Profit (TTM)553.10M
EBITDA491.43M
Profit Margin40.57%
Operating Margin40.76%
Return on Equity8.73%
Return on Assets3.54%
Shares Outstanding53.77M
Shares Float52.96M
Beta1.03
Dividend Yield3.46%
Dividend Rate7.00
Payout Ratio103.39%

Analyst Ratings

Buy
Based on 20 analystsTarget 227.90
  • Strong Buy
    11
  • Buy
    1
  • Hold
    8

Ownership Breakdown

Institutions
104.73%
Insiders
1.01%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    7.25M13.49%
  • Vanguard Portfolio Management, LLC
    4.58M8.52%
  • Cohen & Steers Inc
    3.75M6.97%
  • State Street Corp
    2.61M4.85%
  • Vanguard Capital Management, LLC
    2.40M4.47%
  • Principal Financial Group Inc
    2.31M4.30%
  • T. Rowe Price Associates, Inc.
    1.63M3.02%
  • NORGES BANK
    1.49M2.78%
  • Boston Partners Global Investors, Inc
    1.34M2.49%
  • Nuveen, LLC
    1.28M2.37%
  • Morgan Stanley - Brokerage Accounts
    1.14M2.13%
  • Geode Capital Management, LLC
    1.12M2.08%
  • Daiwa Securities Group Inc
    880.16K1.64%
  • Amvescap Plc.
    848.70K1.58%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    2.02M3.76%
  • iShares Core S&P Mid-Cap ETF
    1.88M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.71M3.18%
  • Vanguard Small Cap Index
    1.24M2.30%
  • Cohen & Steers Real Estate Securities A
    1.11M2.06%
  • JHancock Disciplined Value Mid Cap I
    906.24K1.69%

Dividends

20263×
1.75Sep 30, 20261.55Jun 30, 20261.55Mar 31, 2026
20254×
1.55Dec 31, 20251.55Sep 30, 20251.40Jun 30, 20251.40Mar 31, 2025
20244×
1.40Dec 31, 20241.40Sep 30, 20241.27Jun 28, 20241.27Mar 27, 2024
20234×
1.27Dec 28, 20231.27Sep 28, 20231.25Jun 29, 20231.25Mar 30, 2023
20224×
1.25Dec 29, 20221.25Sep 29, 20221.10Jun 29, 20221.10Mar 30, 2022
20214×
1.10Dec 30, 20210.90Sep 29, 20210.79Jun 29, 20210.79Mar 30, 2021
20201×
0.79Dec 30, 2020

Stock Splits

  • Apr 8, 19973:2