Eastgroup Properties Inc
General ticker "EGP" information:
- Sector: Real Estate
- Industry: Industrial REITs
- Capitalization: $8.3B
Eastgroup Properties Inc follows the US Stock Market performance with the rate: 21.9%.
Estimated limits based on current volatility of 1.7%: low 160.19$, high 165.88$
Factors to consider:
- Company pays dividends: last record date 2024-09-30, amount 1.40$ (Y3.47%)
- Company does not operate outside North America (retrieved using AI)
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [162.04$, 222.40$]
- 2024-12-30 to 2025-12-30 estimated range: [190.36$, 255.67$]
Financial Metrics affecting the EGP estimates:
- Positive: Non-GAAP EPS, $ of 7.69 > 2.29
- Positive: Operating profit margin, % of 39.98 > 19.51
- Negative: Interest expense per share, $ of 1.00 > 0.74
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 4.25
- Positive: 4.38 < Industry earnings per price (median), % of 5.48
Short-term EGP quotes
Long-term EGP plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $409.48MM | $487.02MM | $570.59MM |
| Operating Expenses | $257.75MM | $303.25MM | $342.45MM |
| Operating Income | $151.72MM | $183.77MM | $228.14MM |
| Non-Operating Income | $5.91MM | $2.50MM | $-27.60MM |
| Interest Expense | $32.95MM | $38.50MM | $45.05MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $157.64MM | $186.27MM | $200.55MM |
| Taxes | $0.00MM | $0.00MM | $0.06MM |
| Profit(Loss) | $157.64MM | $186.27MM | $200.49MM |
| Stockholders Equity | $1,570.07MM | $1,953.00MM | $2,608.33MM |
| Inventory | $5.70MM | $38.35MM | $0.00MM |
| Assets | $3,215.34MM | $4,035.84MM | $4,519.21MM |
| Operating Cash Flow | $256.49MM | $316.50MM | $338.20MM |
| Capital expenditure | $33.30MM | $40.85MM | $0.00MM |
| Investing Cash Flow | $-529.26MM | $-521.15MM | $-570.06MM |
| Financing Cash Flow | $277.14MM | $200.31MM | $272.06MM |
| Earnings Per Share* | $3.07 | $4.37 | $4.43 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.