US stock · Real Estate sector · REIT—Industrial
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EastGroup Properties, Inc.

EGPNYSE

171.62

USD
+0.75
(+0.44%)
Pre Market
32.26P/E
47Forward P/E
1.46P/E to S&P500
7.478BMarket CAP
2.66%Div Yield
Upcoming Earnings
7 Feb
Shares Short
1/13/23
945.39k
Short % of Float
2.20%
Short % of Shares Outs.
2.17%
% Held by Insiders
1.45%
% Held by Institutions
93.04%
Beta
0.92
PEG Ratio
5.09
52w. high/low
217.46/137.47
Avg. Daily Volume
0.23M
Return %
Stock
S&P 500
1 year
(13.28)
(7.99)
3 years
24.07
23.80
5 years
111.84
56.27
Scale: |
High
Low
51.07
22.30
41.86
20.12
43.29
33.11
46.97
34.58
56.44
43.51
66.99
52.47
69.90
56.40
67.42
51.76
76.00
49.31
95.03
67.69
102.05
77.74
138.15
87.94
153.26
83.40
229.84
131.28
228.64
137.47
176.09
145.32
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
5.97
6.40
6.88
6.74
6.47
6.49
6.51
6.70
7.01
7.32
7.77
8.06
8.48
8.85
9.26
10.17
11.08
Earnings per share
1.31
1.26
1.39
1.04
0.68
0.83
1.13
1.08
1.53
1.49
2.93
2.45
2.50
3.25
2.77
3.91
5.26
FCF per share
(1.97)
(4.26)
(2.58)
0.52
0.75
(2.35)
3.21
3.64
3.75
4.09
4.26
4.56
4.65
5.23
5.01
6.37
6.96
Dividends per share
2.14
2.15
2.21
2.12
2.10
2.08
2.14
2.15
2.25
2.36
2.48
2.55
2.01
2.91
3.06
3.27
4.20
CAPEX per share
4.95
7.92
6.00
2.63
2.12
5.57
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.83
0.25
Book Value per sh.
18.72
17.08
16.77
17.37
15.28
14.98
17.02
17.04
18.22
17.29
19.58
22.05
25.48
32.06
32.40
39.00
43.02
Comm.Shares outs.
22
24
25
26
27
27
29
30
31
32
33
34
35
37
39
40
42
Avg. annual P/E ratio
- -
37.6
30.2
32.6
55.5
51.3
45.0
54.6
41.3
39.1
22.0
33.7
36.6
36.1
45.6
42.9
32.3
P/E to S&P500
- -
2.2
1.4
0.5
2.7
3.1
3.0
3.2
2.3
2.0
1.0
1.4
1.5
1.5
1.2
1.4
1.5
Avg. annual div. yield
- -
4.5%
5.3%
6.3%
5.5%
4.9%
4.2%
3.6%
3.6%
4.1%
3.8%
3.1%
2.2%
2.5%
2.4%
1.9%
2.6%
Revenue (m)
134
151
169
172
173
175
186
202
220
235
253
274
300
331
363
409
465
Operating margin
35.0%
35.4%
36.4%
34.3%
30.8%
32.5%
32.7%
32.9%
33.6%
33.6%
34.5%
34.7%
36.1%
35.2%
35.3%
36.9%
37.3%
Depreciation (m)
42
48
51
54
58
57
62
66
70
73
78
84
92
105
116
127
146
Net profit (m)
29
30
34
27
18
22
32
33
48
48
96
83
89
122
108
158
219
Income tax rate
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net profit margin
21.9%
19.7%
20.3%
15.5%
10.6%
12.8%
17.4%
16.1%
21.8%
20.4%
37.7%
30.3%
29.5%
36.7%
29.9%
38.5%
48.1%
Working capital (m)
- -
- -
- -
(666)
12
5
(4)
(12)
(12)
(16)
(20)
(26)
(49)
(41)
(10)
(240)
(279)
Long-term debt (m)
447
601
696
- -
736
833
814
894
933
1,032
1,101
1,108
1,106
1,197
1,324
1,270
1,566
Equity (m)
419
402
411
445
409
403
486
514
571
555
638
749
903
1,201
1,270
1,570
1,989
ROIC
- -
- -
- -
- -
4.6%
4.6%
5.1%
4.7%
5.4%
5.1%
7.3%
6.2%
6.0%
6.3%
5.3%
6.5%
7.0%
Return on capital
3.2%
5.4%
5.6%
5.0%
4.5%
4.4%
4.9%
4.5%
5.2%
4.9%
7.1%
5.9%
5.7%
6.1%
5.2%
5.9%
6.4%
Return on equity
7.0%
7.4%
8.3%
6.0%
4.5%
5.6%
6.7%
6.3%
8.4%
8.6%
15.0%
11.1%
9.8%
10.1%
8.5%
10.0%
11.0%
Plowback ratio
(63.7)%
(70.4)%
(58.7)%
(103.7)%
(207.2)%
(150.6)%
(89.3)%
(98.7)%
(47.0)%
(58.5)%
15.3%
(4.3)%
19.4%
10.6%
(10.5)%
16.4%
19.7%
Div.&Repurch./FCF
50.8%
(50.5)%
(47.4)%
(21.5)%
278.7%
(48.8)%
(52.6)%
10.5%
(7.2)%
53.0%
15.6%
(14.5)%
(52.2)%
(89.8)%
14.8%
(55.1)%
(110.2)%
Capital Structure
26 Oct · 2022 | Q3
All numbers in millions
Total liabilities
$ 1,972
Total assets
$ 3,962
Long-term debt
$ 1,566
Cash and equiv.
$ 5
Goodwill
$ 1
Retained earnings
$ (319)
Common stock
43
Enterprise Value
$ 9,039
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
0
0
4
Receivables
46
51
67
Inventory
- -
- -
6
Other
19
22
21
Current assets
65
74
94
Acc. Payable
- -
- -
11
Debt due
26
5
212
Other
80
79
111
Current liabilities
106
84
333
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
12.80%
10.56%
9.16%
Cash flow
30.67%
14.02%
12.42%
Earnings
45.40%
19.58%
23.61%
Dividends
10.01%
13.73%
10.10%
Book value
23.66%
20.71%
14.36%
Insider Trading
Type
Shares
Date
Collins Ryan M
InKind
1,989
01/01/23
Tyler Staci H.
InKind
578
01/01/23
Loeb Marshall A
InKind
8,093
01/01/23
Dunbar Richard Reid
InKind
1,880
01/01/23
Coleman John F
InKind
2,305
01/01/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
89
90
92
93
363
2021
98
100
105
107
409
2022
113
119
126
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.59
0.60
0.62
0.95
2.77
2021
0.68
0.68
0.76
1.79
3.91
2022
1.54
1.09
0.87
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.76
0.75
0.75
0.80
3.06
2021
0.79
0.78
0.79
0.91
3.27
2022
1.12
1.08
1.10
- -
- -
Company Description
Sector:
Real Estate
Industry:
REIT—Industrial
CEO:
Mr. Marshall Loeb
Full-time employees:
82
City:
Ridgeland
Address:
400 W Parkway Pl Ste 100
IPO:
Mar 17, 1980
Website:
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.