EastGroup Net Income from 2010 to 2025
| EGP Stock | USD 179.61 0.81 0.45% |
Net Income | First Reported 1985-06-30 | Previous Quarter 55.2 M | Current Value 58.6 M | Quarterly Volatility 16 M |
Check EastGroup Properties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EastGroup Properties' main balance sheet or income statement drivers, such as Interest Expense of 40.9 M, Total Revenue of 2.1 M or Gross Profit of 2.1 M, as well as many indicators such as Price To Sales Ratio of 3.7 K, Dividend Yield of 0.0274 or PTB Ratio of 1.77. EastGroup financial statements analysis is a perfect complement when working with EastGroup Properties Valuation or Volatility modules.
EastGroup | Net Income |
Latest EastGroup Properties' Net Income Growth Pattern
Below is the plot of the Net Income of EastGroup Properties over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in EastGroup Properties financial statement analysis. It represents the amount of money remaining after all of EastGroup Properties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is EastGroup Properties' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EastGroup Properties' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 200.55 M | 10 Years Trend |
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Net Income |
| Timeline |
EastGroup Net Income Regression Statistics
| Arithmetic Mean | 70,828,568 | |
| Geometric Mean | 18,949,787 | |
| Coefficient Of Variation | 84.80 | |
| Mean Deviation | 46,444,307 | |
| Median | 73,494,000 | |
| Standard Deviation | 60,061,192 | |
| Sample Variance | 3607.3T | |
| Range | 200.5M | |
| R-Value | 0.40 | |
| Mean Square Error | 3257.5T | |
| R-Squared | 0.16 | |
| Significance | 0.13 | |
| Slope | 5,001,722 | |
| Total Sum of Squares | 54110.2T |
EastGroup Net Income History
Other Fundumenentals of EastGroup Properties
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
EastGroup Properties Net Income component correlations
About EastGroup Properties Financial Statements
EastGroup Properties shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although EastGroup Properties investors may analyze each financial statement separately, they are all interrelated. The changes in EastGroup Properties' assets and liabilities, for example, are also reflected in the revenues and expenses on on EastGroup Properties' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 200.5 M | 210.6 M | |
| Net Income Applicable To Common Shares | 214.1 M | 224.8 M | |
| Net Income From Continuing Ops | 227.8 M | 157 M | |
| Net Income Per E B T | 0.90 | 0.63 |
Pair Trading with EastGroup Properties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EastGroup Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EastGroup Properties will appreciate offsetting losses from the drop in the long position's value.Moving against EastGroup Stock
The ability to find closely correlated positions to EastGroup Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EastGroup Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EastGroup Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EastGroup Properties to buy it.
The correlation of EastGroup Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EastGroup Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EastGroup Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EastGroup Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for EastGroup Stock Analysis
When running EastGroup Properties' price analysis, check to measure EastGroup Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EastGroup Properties is operating at the current time. Most of EastGroup Properties' value examination focuses on studying past and present price action to predict the probability of EastGroup Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EastGroup Properties' price. Additionally, you may evaluate how the addition of EastGroup Properties to your portfolios can decrease your overall portfolio volatility.