Eastgroup Properties Stock Fundamentals
| EGP Stock | USD 171.98 2.70 1.59% |
EastGroup Properties fundamentals help investors to digest information that contributes to EastGroup Properties' financial success or failures. It also enables traders to predict the movement of EastGroup Stock. The fundamental analysis module provides a way to measure EastGroup Properties' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EastGroup Properties stock.
At this time, EastGroup Properties' Total Operating Expenses is relatively stable compared to the past year. As of 11/25/2024, Net Income is likely to grow to about 210.5 M, while Cost Of Revenue is likely to drop slightly above 82.6 M. EastGroup | Select Account or Indicator |
EastGroup Properties Company Operating Margin Analysis
EastGroup Properties' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current EastGroup Properties Operating Margin | 0.40 % |
Most of EastGroup Properties' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EastGroup Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EastGroup Operating Margin Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's operating margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EastGroup Properties operating margin as a starting point in their analysis.
EastGroup Properties Operating Margin |
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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EastGroup Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, EastGroup Properties has an Operating Margin of 0.3959%. This is 99.03% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The operating margin for all United States stocks is 107.19% lower than that of the firm.
EastGroup Properties Fundamental Drivers 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 Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EastGroup Properties' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EastGroup Properties could also be used in its relative valuation, which is a method of valuing EastGroup Properties by comparing valuation metrics of similar companies.EastGroup Properties is currently under evaluation in operating margin category among its peers.
EastGroup Properties ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EastGroup Properties' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EastGroup Properties' managers, analysts, and investors.Environmental | Governance | Social |
EastGroup Fundamentals
| Return On Equity | 0.0893 | ||||
| Return On Asset | 0.0345 | ||||
| Profit Margin | 0.37 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 10.14 B | ||||
| Shares Outstanding | 49.51 M | ||||
| Shares Owned By Insiders | 0.96 % | ||||
| Shares Owned By Institutions | 96.62 % | ||||
| Number Of Shares Shorted | 1.54 M | ||||
| Price To Earning | 55.02 X | ||||
| Price To Book | 3.01 X | ||||
| Price To Sales | 13.56 X | ||||
| Revenue | 570.59 M | ||||
| Gross Profit | 353.11 M | ||||
| EBITDA | 399.22 M | ||||
| Net Income | 200.55 M | ||||
| Cash And Equivalents | 45.98 M | ||||
| Cash Per Share | 1.06 X | ||||
| Total Debt | 1.7 B | ||||
| Debt To Equity | 0.86 % | ||||
| Current Ratio | 0.68 X | ||||
| Book Value Per Share | 57.66 X | ||||
| Cash Flow From Operations | 338.2 M | ||||
| Short Ratio | 4.57 X | ||||
| Earnings Per Share | 4.85 X | ||||
| Price To Earnings To Growth | 5.78 X | ||||
| Target Price | 198.72 | ||||
| Number Of Employees | 95 | ||||
| Beta | 1.01 | ||||
| Market Capitalization | 8.51 B | ||||
| Total Asset | 4.52 B | ||||
| Retained Earnings | (366.47 M) | ||||
| Working Capital | (32.9 M) | ||||
| Current Asset | 31.58 M | ||||
| Current Liabilities | 44.18 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.39 % | ||||
| Net Asset | 4.52 B | ||||
| Last Dividend Paid | 5.21 |
About EastGroup Properties Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EastGroup Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EastGroup Properties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EastGroup Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 20.1 M | 21.1 M | |
| Total Revenue | 570.6 M | 599.1 M | |
| Cost Of Revenue | 154 M | 82.6 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.01 | |
| Sales General And Administrative To Revenue | 0.03 | 0.06 | |
| Capex To Revenue | 0.10 | 0.09 | |
| Revenue Per Share | 12.62 | 13.25 | |
| Ebit Per Revenue | 0.40 | 0.69 |
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 together with EastGroup Stock
Moving against EastGroup Stock
| 0.75 | SKT | Tanger Factory Outlet | PairCorr |
| 0.74 | UE | Urban Edge Properties | PairCorr |
| 0.73 | SITC | Site Centers Corp | PairCorr |
| 0.7 | SPG | Simon Property Group | PairCorr |
| 0.65 | IVT | Inventrust Properties | PairCorr |
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.