Eastgroup Properties Stock Today

EGP Stock  USD 171.97  0.96  0.56%   

Performance

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Odds Of Distress

Less than 19

 
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Low
EastGroup Properties is selling at 171.97 as of the 21st of November 2024; that is 0.56 percent increase since the beginning of the trading day. The stock's last reported lowest price was 169.3. EastGroup Properties has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for EastGroup Properties are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
17th of March 1992
Category
Real Estate
, 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. The company has 49.51 M outstanding shares of which 1.54 M shares are currently shorted by investors with about 4.57 days to cover. More on EastGroup Properties

Moving together with EastGroup Stock

  0.66O Realty IncomePairCorr
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Moving against EastGroup Stock

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  0.64MITT-PC AG Mortgage InvestmentPairCorr
  0.45MITT-PB AG Mortgage InvestmentPairCorr
  0.37MITT-PA AG Mortgage InvestmentPairCorr
  0.36VNO-PN Vornado Realty TrustPairCorr
  0.33VNO-PM Vornado Realty TrustPairCorr

EastGroup Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMarshall Loeb
Thematic Ideas
(View all Themes)
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SP Midcap 400, Investing, Real Estate, Diversified REITs, REIT—Industrial, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05610.0444
Significantly Up
Slightly volatile
Asset Turnover0.170.1263
Significantly Up
Very volatile
Gross Profit Margin0.580.7301
Significantly Down
Slightly volatile
Net Debt1.7 B1.7 B
Sufficiently Up
Slightly volatile
Total Current Liabilities140.8 M164.9 M
Fairly Down
Slightly volatile
Non Current Liabilities Total1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Assets4.7 B4.5 B
Sufficiently Up
Slightly volatile
Total Current Assets138.6 M132 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities355.1 M338.2 M
Sufficiently Up
Slightly volatile
Debt Levels
EastGroup Properties can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand EastGroup Properties' financial leverage. It provides some insight into what part of EastGroup Properties' total assets is financed by creditors.
Liquidity
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.

Dividends Paid

236.91 Million
EastGroup Properties (EGP) is traded on New York Stock Exchange in USA. It is located in 400 W. Parkway Place, Ridgeland, MS, United States, 39157-6005 and employs 95 people. EastGroup Properties is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.47 B. EastGroup Properties runs under Diversified REITs sector within Real Estate industry. The entity has 49.51 M outstanding shares of which 1.54 M shares are currently shorted by investors with about 4.57 days to cover. EastGroup Properties has about 45.98 M in cash with 338.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.06.
Check EastGroup Properties Probability Of Bankruptcy
Ownership Allocation
EastGroup Properties holds a total of 49.51 Million outstanding shares. The majority of EastGroup Properties outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in EastGroup Properties to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in EastGroup Properties. Please pay attention to any change in the institutional holdings of EastGroup Properties as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check EastGroup Ownership Details

EastGroup Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-06-30
888.8 K
Dimensional Fund Advisors, Inc.2024-09-30
721.3 K
Norges Bank2024-06-30
695.2 K
Charles Schwab Investment Management Inc2024-09-30
639.8 K
Balyasny Asset Management Llc2024-06-30
569.3 K
Eagle Asset Management, Inc.2024-06-30
546.3 K
Amvescap Plc.2024-06-30
505.6 K
Brown Advisory Holdings Inc2024-09-30
505 K
Bank Of New York Mellon Corp2024-06-30
479.3 K
Vanguard Group Inc2024-09-30
6.9 M
Blackrock Inc2024-06-30
5.8 M
View EastGroup Properties Diagnostics

EastGroup Properties Historical Income Statement

At this time, EastGroup Properties' Total Operating Expenses is relatively stable compared to the past year. As of 11/21/2024, Net Income is likely to grow to about 210.5 M, while Cost Of Revenue is likely to drop slightly above 82.6 M. View More Fundamentals

EastGroup Stock Against Markets

EastGroup Properties Corporate Directors

Mary McCormickIndependent DirectorProfile
Donald ColleranIndependent DirectorProfile
Shelby TrustyDirector ResourcesProfile
Hugh BaileyIndependent DirectorProfile

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.