EastGroup Properties Financials

EGP Stock  USD 169.28  1.73  1.01%   
Based on the key indicators related to EastGroup Properties' liquidity, profitability, solvency, and operating efficiency, EastGroup Properties may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, EastGroup Properties' Non Current Liabilities Total is relatively stable compared to the past year. As of 11/21/2024, Other Stockholder Equity is likely to grow to about 3.1 B, while Non Currrent Assets Other are likely to drop slightly above 7.2 M. Key indicators impacting EastGroup Properties' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.350.3514
Slightly Down
Slightly volatile
Return On Assets0.05610.0444
Significantly Up
Slightly volatile
Return On Equity0.10.0769
Significantly Up
Slightly volatile
Debt Equity Ratio0.810.6421
Significantly Up
Slightly volatile
Operating Income239.6 M228.1 M
Sufficiently Up
Slightly volatile
Current Ratio0.741.0123
Way Down
Slightly volatile
Investors should never underestimate EastGroup Properties' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor EastGroup Properties' cash flow, debt, and profitability to make informed and accurate decisions about investing in EastGroup Properties.

Net Income

210.52 Million

  
Understanding current and past EastGroup Properties Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EastGroup Properties' financial statements are interrelated, with each one affecting the others. For example, an increase in EastGroup Properties' assets may result in an increase in income on the income statement.

EastGroup Properties Stock Summary

EastGroup Properties competes with Terreno Realty, Plymouth Industrial, LXP Industrial, First Industrial, and Rexford Industrial. , an SP MidCap 400 company, 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. EastGroups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet. Eastgroup Properties operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 82 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2772761019
CUSIP277276101 277270104
LocationMississippi; U.S.A
Business Address400 W Parkway
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.eastgroup.net
Phone601 354 3555
CurrencyUSD - US Dollar

EastGroup Properties Key Financial Ratios

EastGroup Properties Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.7B3.2B4.0B4.5B4.7B
Net Debt1.2B1.3B1.5B1.9B1.7B1.7B
Retained Earnings(316.3M)(329.7M)(318.1M)(334.9M)(366.5M)(348.1M)
Other Assets55.9M2.7B3.2M68.9M79.3M134.9M
Total Liab1.3B1.5B1.6B2.1B1.9B2.0B
Total Current Assets224K73.8M93.6M76.6M132.0M138.6M
Other Current Liab68.1M67.2M99.2M126.0M131.3M137.9M
Cash224K21K4.4M56K40.3M42.3M
Short Term Debt111.4M124.2M207.1M168.5M1.5M1.4M
Other Liab54.3M69.8M56.5M59.6M68.6M38.6M
Accounts Payable10.1M2.4M10.6M11.0M15.0M15.7M
Long Term Debt1.2B1.3B1.5B1.9B1.7B926.9M
Intangible Assets17.6M15.1M18.9M21.2M20.4M12.2M
Other Current Assets(46.2M)(51.3M)16.7M(71.4M)(124.0M)(117.8M)
Net Tangible Assets1.2B1.3B1.4B2.0B2.2B2.4B
Net Receivables46.0M51.3M66.8M71.4M83.8M47.1M
Long Term Debt Total1.2B1.3B1.5B1.9B2.1B1.2B
Capital Surpluse1.5B1.6B1.9B2.3B2.6B2.7B

EastGroup Properties Key Income Statement Accounts

The reason investors look at the income statement is to determine what EastGroup Properties' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense34.5M33.9M32.9M38.5M45.0M47.3M
Total Revenue331.4M363.0M409.5M487.0M570.6M599.1M
Gross Profit238.1M259.7M294.4M353.1M416.6M437.4M
Operating Income116.7M129.2M151.7M183.8M228.1M239.6M
Ebit116.7M8.0M20.7M32.8M228.1M239.6M
Ebitda221.5M245.5M278.8M337.4M399.2M419.2M
Net Income87.0M73.5M123.8M186.2M200.5M210.5M
Income Tax Expense36.3M34.9M33.9M(40.9M)47.5M49.9M
Income Before Tax123.3M108.4M157.6M186.3M200.5M210.6M
Cost Of Revenue93.3M103.4M115.1M133.9M154.0M82.6M
Minority Interest(1.7M)(28K)(81K)(92K)(57K)(54.2K)
Interest Income34.5M33.9M32.9M38.5M44.3M38.3M
Net Interest Income(34.5M)(33.9M)(32.9M)(38.5M)(48.0M)(50.4M)

EastGroup Properties Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(150K)(203K)4.4M(4.3M)40.2M42.2M
Free Cash Flow195.9M196.3M223.2M316.5M338.2M355.1M
Depreciation104.7M116.4M127.1M153.6M171.1M179.6M
Other Non Cash Items1.2M1.6M1.4M(39.6M)(22.6M)(21.5M)
Dividends Paid108.8M119.8M131.8M193.9M225.6M236.9M
Capital Expenditures432.0M277.8M33.3M537.0M51.1M48.6M
Net Income123.3M108.4M157.6M186.3M200.5M210.6M
End Period Cash Flow224K21K4.4M56K40.3M42.3M
Investments915K1.7M9.0M(521.1M)(525.1M)(498.8M)
Net Borrowings75.5M126.9M139.6M348.6M400.9M421.0M
Change To Netincome(32.9M)(4.8M)(30.0M)(31.3M)(28.2M)(26.8M)

EastGroup Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining EastGroup Properties's current stock value. Our valuation model uses many indicators to compare EastGroup Properties value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EastGroup Properties competition to find correlations between indicators driving EastGroup Properties's intrinsic value. More Info.
EastGroup Properties is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about  0.39  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for EastGroup Properties is roughly  2.59 . At this time, EastGroup Properties' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value EastGroup Properties by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

EastGroup Properties Systematic Risk

EastGroup Properties' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EastGroup Properties volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on EastGroup Properties correlated with the market. If Beta is less than 0 EastGroup Properties generally moves in the opposite direction as compared to the market. If EastGroup Properties Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EastGroup Properties is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EastGroup Properties is generally in the same direction as the market. If Beta > 1 EastGroup Properties moves generally in the same direction as, but more than the movement of the benchmark.

EastGroup Properties Thematic Clasifications

EastGroup Properties is part of several thematic ideas from Investing to Real Estate. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in EastGroup Properties Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EastGroup Properties' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of EastGroup Properties growth as a starting point in their analysis.

Price Earnings To Growth Ratio

31.66

At this time, EastGroup Properties' Price Earnings To Growth Ratio is relatively stable compared to the past year.

EastGroup Properties November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of EastGroup Properties help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EastGroup Properties. We use our internally-developed statistical techniques to arrive at the intrinsic value of EastGroup Properties based on widely used predictive technical indicators. In general, we focus on analyzing EastGroup Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EastGroup Properties's daily price indicators and compare them against related drivers.

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.