EastGroup Properties Inc stock page - price, fundamentals, dividends - iOCharts

Ticker
EGP

Price
167.83
Stock movement up
+2.88 (1.75%)
Company name
EastGroup Properties Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT-Industrial
Market cap
7.00B
Ent value
8.66B
Price/Sales
16.48
Price/Book
4.18
Div yield
2.62%
Div growth
7.97%
Growth years
9
FCF payout
-453.83%
Trailing P/E
36.10
Forward P/E
46.88
PEG
4.69
EPS growth
16.30%
1 year return
8.48%
3 year return
14.27%
5 year return
16.69%
10 year return
12.67%
Last updated: 2022-05-13

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share4.40
Dividend yield2.62%
Payout frequencyQuarterly
Maximum yield3.40%
Average yield2.56%
Minimum yield1.85%
Discount to avg yield2.42%
Upside potential2.47%
Yield as % of max yield77.01%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.62%
Current yield distribution42.70%
Yield at 100% (Min)1.85%
Yield at 90%2.10%
Yield at 80%2.21%
Yield at 50% (Median)2.52%
Yield at 20%2.96%
Yield at 10%3.04%
Yield at 0% (Max)3.40%

Dividend per share

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Dividend per share data
Years of growth9 years
CCC statusDividend Challenger
Dividend per share4.40
Payout frequencyQuarterly
Ex-div date30 Mar 2022
EPS (TTM)4.73
EPS (1y forward)3.58
EPS growth (5y)16.30%
EPS growth (5y forward)7.70%

Dividend growth

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Dividend growth data
EGPS&P500
DGR MR22.22%-16.52%
DGR TTM24.68%4.37%
DGR 3 years9.59%3.88%
DGR 5 years7.97%4.73%
DGR 10 years5.58%8.30%
DGR 15 years4.10%5.82%
Time since last change announced166 days
EPS growth (5y)16.30%
EPS growth (5y forward)7.70%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM75.30%-453.83%
Average--
Forward122.91%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E36.10
Price to OCF26.91
Price to FCF-
Price to EBITDA17.51
EV to EBITDA21.68

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales16.48
Price to Book4.18
EV to Sales20.40

FINANCIALS

Per share

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Per share data
Current share count41.68M
EPS (TTM)4.73
FCF per share (TTM)-0.78

Income statement

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Income statement data
Revenue (TTM)424.52M
Gross profit (TTM)306.20M
Operating income (TTM)228.41M
Net income (TTM)193.80M
EPS (TTM)4.73
EPS (1y forward)3.58

Margins

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Margins data
Gross margin (TTM)72.13%
Operating margin (TTM)53.81%
Profit margin (TTM)45.65%

Balance Sheet

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Balance Sheet data
Cash5.72M
Net receivables58.28M
Total current assets84.39M
Goodwill990.00K
Intangible assets18.43M
Property, plant and equipment0.00
Total assets3.34B
Accounts payable13.78M
Short/Current long term debt1.49B
Total current liabilities337.11M
Total liabilities1.67B
Shareholder's equity1.67B
Net tangible assets1.67B

Cash flow

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Cash flow data
Operating cash flow (TTM)259.93M
Capital expenditures (TTM)292.09M
Free cash flow (TTM)-32.16M
Dividends paid (TTM)145.93M

Financial returns

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Financial returns data
Return on Equity11.57%
Return on Assets5.79%
Return on Invested Capital6.58%
Cash Return on Invested Capital-1.09%

STOCK INFORMATION

Stock chart

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Stock price data
Open166.59
Daily high168.06
Daily low164.33
Daily Volume352K
All-time high228.56
1y analyst estimate214.21
Beta0.87
EPS (TTM)4.73
Dividend per share4.40
Ex-div date30 Mar 2022
Next earnings date25 Jul 2022

Downside potential

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Downside potential data
EGPS&P500
Current price drop from All-time high-26.57%-15.91%
Highest price drop-63.17%-56.47%
Date of highest drop9 Mar 20099 Mar 2009
Avg drop from high-13.74%-11.33%
Avg time to new high19 days12 days
Max time to new high1512 days1805 days
COMPANY DETAILS
EGP (EastGroup Properties Inc) company logo
Marketcap
7.00B
Marketcap category
Mid-cap
Description
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.
Employees
82
Investor relations
SEC filings
CEO
Marshall Loeb
Country
USA
City
Ridgeland
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
ESRT vs. EGP: Which Stock Is the Better Value Option?
May 11, 2022
The EastGroup Properties, Inc. ( NYSE:EGP ) share price has had a bad week, falling 18%. But in stark contrast, the...
May 6, 2022
EastGroup Properties (NYSE: EGP) paid $10.9 million for property in the Homestead Park of Commerce where it plans to build an industrial project. Doug LLC, managed by Clifford Lincoln and Wayne Rosen...
May 4, 2022
EastGroup Properties (EGP) delivered FFO and revenue surprises of 3.70% and 1.78%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
April 26, 2022
EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today the results of its operations for the three months ended March 31, 2022.
April 26, 2022
ESRT vs. EGP: Which Stock Is the Better Value Option?
April 25, 2022
EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that it will hold its First Quarter Earnings Conference Call and Webcast on Wednesday, April 27, 2022, at 11:00 a.m. Easte...
March 31, 2022
The Vanguard Real Estate ETF, EastGroup Properties and Gladstone Land have been highlighted in this Investment Ideas article.
March 31, 2022
Our study shows that a rising interest rate environment does not translate to lower REIT prices.
March 30, 2022
A Mississippi-based developer had to make several purchases to get enough land to develop a large industrial project in the East Valley. Here's what is being proposed.
March 29, 2022
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