EastGroup Properties, Inc. (egp)
EGP — Company Overview
EastGroup Properties, Inc. (EGP) is a large-cap company in the Real Estate sector, operating in REIT - Industrial.
| Ticker | EGP |
| Sector | Real Estate |
| Industry | REIT - Industrial |
| Exchange | NYQ |
| Market cap | $10.89B |
| Last price | $202.60 |
| Size category | Large Cap |
EGP — Business Description
EastGroup Properties, Inc. (EGP) operates in REIT - Industrial within the broader Real Estate market. 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 cl…
Official website: https://www.eastgroup.net.
EGP — Investment Thesis
The investment thesis for EastGroup Properties, Inc. (EGP) rests on how Real Estate dynamics, profitability, and valuation interact at today's price.
- Revenue is expanding at roughly 9.1% year-over-year (public data).
- Trailing P/E of 35.73× implies elevated growth expectations at the current price.
- Dividend yield near 3.4% adds an income component to total return.
- Equity market capitalization is approximately $10.89B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
EGP — Financial Health
Financial health for EastGroup Properties, Inc. (EGP) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin of 40.6% indicates solid bottom-line conversion. Positive free cash flow of $379.37M supports balance-sheet flexibility.
| Trailing P/E | 35.73× |
| Forward P/E | 36.48× |
| Price / Sales | 14.50× |
| Price / Book | 3.02× |
| Gross margin | 73.6% |
| Operating margin | 40.8% |
| Profit margin | 40.6% |
| Return on equity | 8.7% |
| Debt / Equity | 46.09 |
| Free cash flow | $379.37M |
EGP — Growth Outlook
Growth outlook for EastGroup Properties, Inc. (EGP) depends on demand trends in REIT - Industrial and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 9.1% suggests steady but measured expansion.
- Earnings growth of 16.7% year-over-year supports improving profitability.
- Price is 10.6% below the 52-week high.
- Shares trade 22.9% above the 52-week low — limited rebound so far.
EGP — Competitive Position
EastGroup Properties, Inc. (EGP) is evaluated against peers on scale, margin structure, and capital efficiency within Real Estate.
- Competes within Real Estate, specifically in REIT - Industrial.
- Market capitalization of $10.89B places EGP among large-cap peers.
- Gross margin near 73.6% may reflect pricing power or favorable mix.
EGP — Strengths
Strengths for EastGroup Properties, Inc. (EGP) inferred from public financial metrics:
- Revenue growth of 9.1% year-over-year.
- Earnings growth of 16.7% year-over-year.
- Gross margin of 73.6% supports competitive unit economics.
- Positive free cash flow ($379.37M).
- Dividend yield of 3.4% for income-oriented holders.
- Moderate leverage (debt/equity 46.09).
EGP — Weaknesses
Weaknesses and pressure points for EastGroup Properties, Inc. (EGP) based on available data:
- Elevated trailing P/E (35.73×) limits valuation margin of safety.
EGP — Opportunities
- Sustained revenue growth (9.1%) could support multiple expansion if margins hold.
- Trading 22.9% above the 52-week low — potential recovery if fundamentals stabilize.
- Dividend yield of 3.4% appeals to total-return investors.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
EGP — Risks
- Standard market, regulatory, competitive, and execution risks apply to all public equities.
EGP — Summary
EastGroup Properties, Inc. (EGP) is a large-cap Real Estate company focused on REIT - Industrial, listed on NYQ. Last price $202.60 with market cap $10.89B. Trailing P/E 35.73×. Revenue grew 9.1% year-over-year per public data. Notable strengths include revenue growth of 9.1% year-over-year. Key watch items include elevated trailing p/e (35.73×) limits valuation margin of safety. Public estimates and earnings snapshots for EastGroup Properties, Inc. are on this site; ownership, live news, and deeper models remain in Vest Terminal.
Start Free — open EGP in Vest Terminal
Access live data, filings, ownership, and analysis for EastGroup Properties, Inc..
EastGroup Properties, Inc. FAQ
What does EastGroup Properties, Inc. (EGP) do?
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 w…
What is EGP's P/E ratio?
EastGroup Properties, Inc. has a trailing P/E of 35.73× based on publicly available market data.
Does EGP pay a dividend?
Indicated dividend yield: 3.4%. Confirm ex-dates and payout history in Vest Terminal.
What sector is EGP in?
EastGroup Properties, Inc. is classified in Real Estate (REIT - Industrial) on NYQ.
What is EGP's market capitalization?
Approximate market cap: $10.89B.
What are the main risks for EGP?
Key risks include elevated valuation, among factors on this page.
What are the strengths of EGP?
Potential positives include revenue growth of 9.1% year-over-year, earnings growth of 16.7% year-over-year.
Where can I get analyst estimates for EGP?
Public analyst price targets and consensus for EastGroup Properties, Inc. are on the free /stocks/egp/estimates page. Deeper estimate history and models are available in Vest Terminal.