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NYSE: EGP
Eastgroup Properties Inc Stock

$183.45+0.89 (+0.49%)
Updated Jul 12, 2024
EGP Price
$183.45
Fair Value Price
N/A
Market Cap
$8.83B
52 Week Low
$154.75
52 Week High
$188.85
P/E
39.62x
P/B
3.32x
P/S
14.59x
PEG
1.4x
Dividend Yield
2.77%
Revenue
$589.79M
Earnings
$214.45M
Gross Margin
72.7%
Operating Margin
43.99%
Profit Margin
36.4%
Debt to Equity
0.72
Operating Cash Flow
$362M
Beta
1.09
Next Earnings
Jul 23, 2024
Ex-Dividend
Jun 28, 2024
Next Dividend
Jul 15, 2024

EGP Overview

EastGroup Properties, Inc., a real estate investment trust (REIT) owns and operates industrial properties in Florida, Texas, Arizona, California and North Carolina. EastGroup's portfolio, including projects and acquisitions in lease-up and under construction, includes 45.8 million square feet. The company was founded in 1969 and is headquartered in Jackson, MS.

Zen Score

Industry Average (31)
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Due Diligence Checks

EGP ($183.45) is trading above its intrinsic value of $71.27, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
EGP is poor value based on its earnings relative to its share price (39.62x), compared to the US market average (32.2x)
P/E vs Market Valuation
EGP is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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EGP News

Valuation

EGP price to earnings (PE)

For valuing profitable companies with steady earnings
Company
39.62x
Industry
33.45x
Market
32.2x
EGP is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
EGP is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

EGP price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.32x
Industry
2.36x
EGP is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

EGP price to earnings growth (PEG)

For valuing profitable companies with growth potential
EGP is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

EGP's financial health

Profit margin

Revenue
$154.2M
Net Income
$58.6M
Profit Margin
38%
EGP's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$4.6B
Liabilities
$1.9B
Debt to equity
0.72
EGP's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
EGP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$116.9M
Investing
-$123.2M
Financing
-$18.3M

EGP vs Industrial REIT Stocks

TickerMarket Cap1d %P/EP/B
EGP$8.83B+0.49%39.62x3.32x
COLD$7.75B+0.41%-23.71x2.16x
CUBE$10.66B+3.52%26.17x3.83x
REXR$10.73B+0.22%45.17x1.33x
STAG$6.85B+0.72%37.60x2.04x

Eastgroup Properties Stock FAQ

What is Eastgroup Properties's quote symbol?

(NYSE: EGP) Eastgroup Properties trades on the NYSE under the ticker symbol EGP. Eastgroup Properties stock quotes can also be displayed as NYSE: EGP.

If you're new to stock investing, here's how to buy Eastgroup Properties stock.

What is the 52 week high and low for Eastgroup Properties (NYSE: EGP)?

(NYSE: EGP) Eastgroup Properties's 52-week high was $188.85, and its 52-week low was $154.75. It is currently -2.86% from its 52-week high and 18.55% from its 52-week low.

How much is Eastgroup Properties stock worth today?

(NYSE: EGP) Eastgroup Properties currently has 48,144,312 outstanding shares. With Eastgroup Properties stock trading at $183.45 per share, the total value of Eastgroup Properties stock (market capitalization) is $8.83B.

Eastgroup Properties stock was originally listed at a price of $21.63 in Dec 31, 1997. If you had invested in Eastgroup Properties stock at $21.63, your return over the last 26 years would have been 748.13%, for an annualized return of 8.57% (not including any dividends or dividend reinvestments).

How much is Eastgroup Properties's stock price per share?

(NYSE: EGP) Eastgroup Properties stock price per share is $183.45 today (as of Jul 12, 2024).

What is Eastgroup Properties's Market Cap?

(NYSE: EGP) Eastgroup Properties's market cap is $8.83B, as of Jul 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Eastgroup Properties's market cap is calculated by multiplying EGP's current stock price of $183.45 by EGP's total outstanding shares of 48,144,312.
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