Eastgroup Properties Stock Buy Hold or Sell Recommendation
| EGP Stock | USD 171.98 2.70 1.59% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding EastGroup Properties is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell EastGroup Properties given historical horizon and risk tolerance towards EastGroup Properties. When Macroaxis issues a 'buy' or 'sell' recommendation for EastGroup Properties, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out EastGroup Properties Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in EastGroup Stock, please use our How to Invest in EastGroup Properties guide. Note, we conduct extensive research on individual companies such as EastGroup and provide practical buy, sell, or hold advice based on investors' constraints. EastGroup Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
EastGroup |
Execute EastGroup Properties Buy or Sell Advice
The EastGroup recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EastGroup Properties. Macroaxis does not own or have any residual interests in EastGroup Properties or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EastGroup Properties' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
EastGroup Properties Trading Alerts and Improvement Suggestions
| EastGroup Properties generated a negative expected return over the last 90 days | |
| EastGroup Properties has 1.7 B in debt with debt to equity (D/E) ratio of 0.86, which is OK given its current industry classification. EastGroup Properties has a current ratio of 0.67, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for EastGroup to invest in growth at high rates of return. | |
| Over 97.0% of EastGroup Properties shares are held by institutions such as insurance companies | |
| On 15th of October 2024 EastGroup Properties paid $ 1.4 per share dividend to its current shareholders | |
| Latest headline from zacks.com: PINE or EGP Which Is the Better Value Stock Right Now |
EastGroup Properties Returns Distribution Density
The distribution of EastGroup Properties' historical returns is an attempt to chart the uncertainty of EastGroup Properties' future price movements. The chart of the probability distribution of EastGroup Properties daily returns describes the distribution of returns around its average expected value. We use EastGroup Properties price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EastGroup Properties returns is essential to provide solid investment advice for EastGroup Properties.
| Mean Return | -0.1 | Value At Risk | -1.82 | Potential Upside | 1.43 | Standard Deviation | 1.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EastGroup Properties historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
EastGroup Stock Institutional Investors
The EastGroup Properties' institutional investors refer to entities that pool money to purchase EastGroup Properties' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Boston Partners Global Investors, Inc | 2024-09-30 | 787.9 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 721.3 K | Norges Bank | 2024-06-30 | 695.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 639.8 K | Eagle Asset Management, Inc. | 2024-06-30 | 546.3 K | Balyasny Asset Management Llc | 2024-09-30 | 508 K | Amvescap Plc. | 2024-06-30 | 505.6 K | Brown Advisory Holdings Inc | 2024-09-30 | 505 K | Bank Of New York Mellon Corp | 2024-06-30 | 479.3 K | Vanguard Group Inc | 2024-09-30 | 6.9 M | Blackrock Inc | 2024-06-30 | 5.8 M |
EastGroup Properties Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (150K) | (203K) | 4.4M | (4.3M) | 40.2M | 42.2M | |
| Free Cash Flow | 195.9M | 196.3M | 223.2M | 316.5M | 338.2M | 355.1M | |
| Depreciation | 104.7M | 116.4M | 127.1M | 153.6M | 171.1M | 179.6M | |
| Other Non Cash Items | 1.2M | 1.6M | 1.4M | (39.6M) | (22.6M) | (21.5M) | |
| Dividends Paid | 108.8M | 119.8M | 131.8M | 193.9M | 225.6M | 236.9M | |
| Capital Expenditures | 432.0M | 277.8M | 33.3M | 537.0M | 51.1M | 48.6M | |
| Net Income | 123.3M | 108.4M | 157.6M | 186.3M | 200.5M | 210.6M | |
| End Period Cash Flow | 224K | 21K | 4.4M | 56K | 40.3M | 42.3M | |
| Investments | 915K | 1.7M | 9.0M | (521.1M) | (525.1M) | (498.8M) | |
| Net Borrowings | 75.5M | 126.9M | 139.6M | 348.6M | 400.9M | 421.0M | |
| Change To Netincome | (32.9M) | (4.8M) | (30.0M) | (31.3M) | (28.2M) | (26.8M) |
EastGroup Properties Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EastGroup Properties or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EastGroup Properties' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EastGroup stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 1.10 | |
Ir | Information ratio | -0.21 |
EastGroup Properties Volatility Alert
EastGroup Properties exhibits very low volatility with skewness of 0.14 and kurtosis of 0.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EastGroup Properties' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EastGroup Properties' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.EastGroup Properties Fundamentals Vs Peers
Comparing EastGroup Properties' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EastGroup Properties' direct or indirect competition across all of the common fundamentals between EastGroup Properties and the related equities. This way, we can detect undervalued stocks with similar characteristics as EastGroup Properties or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EastGroup Properties' fundamental indicators could also be used in its relative valuation, which is a method of valuing EastGroup Properties by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EastGroup Properties to competition |
| Fundamentals | EastGroup Properties | Peer Average |
| Return On Equity | 0.0893 | -0.31 |
| Return On Asset | 0.0345 | -0.14 |
| Profit Margin | 0.37 % | (1.27) % |
| Operating Margin | 0.40 % | (5.51) % |
| Current Valuation | 10.14 B | 16.62 B |
| Shares Outstanding | 49.51 M | 571.82 M |
| Shares Owned By Insiders | 0.96 % | 10.09 % |
| Shares Owned By Institutions | 96.62 % | 39.21 % |
| Number Of Shares Shorted | 1.54 M | 4.71 M |
| Price To Earning | 55.02 X | 28.72 X |
| Price To Book | 3.01 X | 9.51 X |
| Price To Sales | 13.56 X | 11.42 X |
| Revenue | 570.59 M | 9.43 B |
| Gross Profit | 353.11 M | 27.38 B |
| EBITDA | 399.22 M | 3.9 B |
| Net Income | 200.55 M | 570.98 M |
| Cash And Equivalents | 45.98 M | 2.7 B |
| Cash Per Share | 1.06 X | 5.01 X |
| Total Debt | 1.7 B | 5.32 B |
| Debt To Equity | 0.86 % | 48.70 % |
| Current Ratio | 0.68 X | 2.16 X |
| Book Value Per Share | 57.66 X | 1.93 K |
| Cash Flow From Operations | 338.2 M | 971.22 M |
| Short Ratio | 4.57 X | 4.00 X |
| Earnings Per Share | 4.85 X | 3.12 X |
| Price To Earnings To Growth | 5.78 X | 4.89 X |
| Target Price | 198.72 | |
| Number Of Employees | 95 | 18.84 K |
| Beta | 1.01 | -0.15 |
| Market Capitalization | 8.51 B | 19.03 B |
| Total Asset | 4.52 B | 29.47 B |
| Retained Earnings | (366.47 M) | 9.33 B |
| Working Capital | (32.9 M) | 1.48 B |
Note: Disposition of 943 shares by R Dunbar of EastGroup Properties at 168.9 subject to Rule 16b-3 [view details]
EastGroup Properties Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EastGroup . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About EastGroup Properties Buy or Sell Advice
When is the right time to buy or sell EastGroup Properties? Buying financial instruments such as EastGroup Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having EastGroup Properties in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.