EastGroup Properties Inc EGP
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
EastGroup Properties Announces First Quarter 2024 Earnings Conference Call and Webcast
-
EastGroup Properties Announces 177th Consecutive Quarterly Cash Dividend
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EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conference
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EastGroup Properties Announces Fourth Quarter and Year 2023 Results
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EastGroup Properties Announces the Income Tax Treatment of its 2023 Distributions
Trading Information
- Previous Close Price
- $163.49
- Day Range
- $163.50–165.24
- 52-Week Range
- $154.79–188.11
- Bid/Ask
- $164.53 / $165.20
- Market Cap
- $7.93 Bil
- Volume/Avg
- 11,823 / 291,928
Key Statistics
- Price/Earnings (Normalized)
- 41.46
- Price/Sales
- 13.21
- Dividend Yield (Trailing)
- 3.12%
- Dividend Yield (Forward)
- 3.14%
- Total Yield
- 3.10%
Company Profile
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The company derives its revenue in the form of rental income.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Stock Style Box
- Small Core
- Total Number of Employees
- 96
- Website
- https://www.eastgroup.net
Competitors
Valuation
|
Metric
|
EGP
|
PLD
|
|---|---|---|
Price/Earnings (Normalized) | 41.46 | 39.45 |
Price/Book Value | 3.04 | 1.82 |
Price/Sales | 13.21 | 12.42 |
Price/Cash Flow | 20.97 | 18.79 |
Price/Earnings
EGP
PLD
Financial Strength
|
Metric
|
EGP
|
PLD
|
|---|---|---|
Quick Ratio | 0.75 | 0.33 |
Current Ratio | 0.80 | 0.55 |
Interest Coverage | 5.45 | 6.60 |
Quick Ratio
EGP
PLD
Profitability
|
Metric
|
EGP
|
PLD
|
|---|---|---|
Return on Assets (Normalized) | 4.90% | 3.93% |
Return on Equity (Normalized) | 9.28% | 6.71% |
Return on Invested Capital (Normalized) | 6.07% | 4.89% |
Return on Assets
EGP
PLD
REIT - Industrial Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
PLD
| Prologis Inc | Hjzrnmqb | Mkxs | $96.8 Bil | |
PSA
| Public Storage | Jsbmthzsc | Hmql | $45.7 Bil | |
EXR
| Extra Space Storage Inc | Tnqbxndfc | Cqdyr | $28.1 Bil | |
SEGXF
| Segro PLC | — | Hpdj | $14.2 Bil | |
CUBE
| CubeSmart | Ffmzkdb | Rtr | $9.5 Bil | |
REXR
| Rexford Industrial Realty Inc | — | Xyls | $9.4 Bil | |
ACDSF
| CapitaLand Ascendas REIT Units | — | Bntn | $8.4 Bil | |
COLD
| Americold Realty Trust Inc | Gtdnkykc | Jmdk | $6.5 Bil | |
STAG
| Stag Industrial Inc | — | Nmgnr | $6.3 Bil |