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 65.7 million square feet. EastGroup Properties, Inc. was incorporated in 1969 and is based in Ridgeland, United States.
Frequently asked questions
What sector does EastGroup Properties, Inc (EGP) operate in?
EastGroup Properties, Inc belongs to the Real Estate sector and operates in the REIT - Industrial industry.
What is EastGroup Properties, Inc (EGP) current stock price?
As of the latest data, EastGroup Properties, Inc stock price is $203.06, with a previous close of $205.06. EastGroup Properties, Inc lost -$2.00 in the last trading session, representing a -0.98% loss.
What is EastGroup Properties, Inc (EGP) current market capitalization?
EastGroup Properties, Inc market cap is approximately 10.92 billion.
What is EastGroup Properties, Inc (EGP) Earnings Per Share (EPS)?
The trailing EPS is $5.69, and the forward EPS is $5.52.
What is EastGroup Properties, Inc (EGP) Price-to-Earnings (P/E) ratio?
EastGroup Properties, Inc current P/E ratio is 35.69, with a forward P/E of 36.76.
What is EastGroup Properties, Inc (EGP) EBITDA?
EastGroup Properties, Inc EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 140.92 million.
Does EastGroup Properties, Inc (EGP) pay dividends?
Yes. EastGroup Properties, Inc pays quarterly dividends with an annualized yield of 3.05% and an estimated annual payout of $6.20 per share.
When is the next ex-dividend date for EastGroup Properties, Inc (EGP)?
The next ex-dividend date is scheduled for September 30, 2026.
How did EastGroup Properties, Inc (EGP) perform in its most recent earnings report?
In the last report (June 30, 2026), EastGroup Properties, Inc posted an EPS surprise of -0.42% and a revenue surprise of -0.24%.
What is EastGroup Properties, Inc (EGP) beta (volatility) score?
EastGroup Properties, Inc has a beta of 1.048, meaning its volatility is roughly in line with the market.
