EastGroup Properties, Inc.

NYQ: EGP
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📈 ZcoreAI Score

Our AI model analyzes EastGroup Properties, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.

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About EastGroup Properties, Inc.

Real Estate REIT - Industrial
EastGroup Properties, Inc. a member of the S&P Mid-Cap 400 and Russell 2000 Indexes. It is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona 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 20,000 to 100,000 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. East Groups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 65.1 million square feet. EastGroup Properties, Inc. was incorporated in 1969, Maryland, USA.

📊 Fundamental Analysis

EastGroup Properties, Inc. demonstrates a healthy profit margin of 35.8%.

The company recently reported 14.3% revenue growth, which is well above average for the Real Estate sector.

Return on Equity (ROE) is 7.6%, which suggests room for improvement in capital utilization.

At a current price of $193.92, EGP currently trades near the top of its 52-week range (91%) (Range: $152.53 - $197.95).

💰 Valuation Insight

EGP is valued broadly in line with the sector at a PE of 39.82. Analysts expect earnings growth, as indicated by a lower forward PE.

🏥 Financial Health

⚠️ Profit Margin Moderate
Debt/Equity Excellent
Revenue Growth Excellent
🔴 Return on Equity Weak
⚠️ Beta (Risk) Moderate Volatility

Key Financials

Market Cap
$10.35B
Trailing P/E
39.82
Forward P/E
35.71
Beta (5Y)
1.11
52W High
$197.95
52W Low
$152.53
Avg Volume
380K
Day High
Day Low
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