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EGP - EastGroup Properties

Financials

Price History

About

Industry

REIT - Industrial

Employees

103

Headquarters

United States


Company Overview

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 clustered near major transportation features in supply-constrained submarkets. East Groups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 65.1 million square feet. EastGroup Properties, Inc. was incorporated in 1969.

Price

$185.09

52-Week Range

$138 $198

Dividend Yield

3.38%

Dividend Score

C

Dividend

Yield 3.38%
Annual $6.20
Payout 121%
5Y Avg 2.73%

Valuation

P/E (TTM) 38.1
Fwd P/E 34.1
P/B 2.82
PEG N/A

Profitability

Profit Margin 35.8%
Op Margin 40.5%
ROE 7.6%
ROA 3.4%

Financial Health

Current Ratio 0.48
Quick Ratio 0.41
Debt/Equity 48%

Cash Flow

Free CF $371M
Op CF $481M
Total Cash $12M

Analyst Consensus

Buy

19 analysts

Target: $206 $172 - $230
+11.5% implied

Dividend Growth

Most Recent Annual Growth

10.49%

3-Year Avg Growth

7.89%

5-Year Avg Growth

14.24%

Annual Dividends

Year-over-Year Growth

Recent Dividend History

Ex-Dividend Date Amount
Dec 31, 2025 $1.5500
Sep 30, 2025 $1.5500
Jun 30, 2025 $1.4000
Mar 31, 2025 $1.4000
Dec 31, 2024 $1.4000
Sep 30, 2024 $1.4000
Jun 28, 2024 $1.2700
Mar 27, 2024 $1.2700
Dec 28, 2023 $1.2700
Sep 28, 2023 $1.2700
Jun 29, 2023 $1.2500
Mar 30, 2023 $1.2500
Dec 29, 2022 $1.2500
Sep 29, 2022 $1.2500
Jun 29, 2022 $1.1000
Mar 30, 2022 $1.1000
Dec 30, 2021 $1.1000
Sep 29, 2021 $0.9000
Jun 29, 2021 $0.7900
Mar 30, 2021 $0.7900

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