EGP
EastGroup Properties, Inc.
USNYSE: EGP
EGP
EastGroup Properties, Inc.
USNYSE: EGP
REIT
REIT - IndustrialUS

EastGroup Properties, Inc. (NYSE: EGP), an S&P 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's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet.

$173.11

0%
$0
Grades
A
Excellent growth with very good dividend
Decent quality, with acceptable balance sheet and profitability.
Excellent dividend and business growth. Expect long-term dividend growth and capital appreciation.
The stock doesn't seem undervalued or overvalued. More valuation analysis is required.
Market Cap
$9.01B
Mid-Cap
EPS (TTM)
$4.76
Dividend Yield
3.22%
Great Yield
Dividend Streak
12 years
Since 2013
Payout Ratio
117.7%
High Payout
Dividend Growth
13%
CAGR - 5Y
Revenue/ share$13.15
FCF/ share$7.82
Earnings Yield2.70%
Gross Margin58.69%
Operating Margin29.34%
ROE7.89%
Cash$17.5M
Net Debt$1.53B
Debt to Equity0.47
PE37.09
EV/Sales16.42
Beta1.01