EastGroup Properties Inc EGP

Morningstar Rating
$198.21 −0.21 (0.11%)
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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.

Price vs Fair Value

EGP is trading within a range we consider fairly valued.
Price
$198.42
Fair Value
$315.52
Uncertainty
Medium
1-Star Price
$354.79
5-Star Price
$482.68
Economic Moat
Tdbjrsh
Capital Allocation

News

Trading Information

Previous Close Price
$198.42
Day Range
$196.94200.15
52-Week Range
$159.37207.72
Bid/Ask
$186.75 / $215.00
Shares Outstanding
53.76M
Market Cap
$10.65B
Volume/Avg
279,565 / 339,929

Key Statistics

Price/Earnings (Normalized)
39.69
Price/Sales
14.32
Dividend Yield (Trailing)
3.05%
Dividend Yield (Forward)
3.12%
Total Yield
3.05%

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 group has one reportable segment, which is industrial properties. 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
103

Competitors

Valuation

Metric
EGP
PLD
Price/Earnings (Normalized)
39.6952.96
Price/Book Value
2.982.51
Price/Sales
14.3215.38
Price/Cash Flow
21.1225.78
Price/Earnings
EGP
PLD

Financial Strength

Metric
EGP
PLD
Quick Ratio
0.760.39
Current Ratio
0.800.61
Interest Coverage
10.675.20
Quick Ratio
EGP
PLD

Profitability

Metric
EGP
PLD
Return on Assets (Normalized)
5.68%4.31%
Return on Equity (Normalized)
8.71%7.94%
Return on Invested Capital (Normalized)
6.48%5.59%
Return on Assets
EGP
PLD

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