EGP
Real Estate

EastGroup Properties, Inc.

EGP
Since

Headquarters:

MS, United States

Exchange:

NYSE

Industry:

REIT—Industrial

Number of Employees:

95.00

Current Fiscal Year:

2024

Market Cap:

8.12B

Price per Share:

$164.08

Quarterly Dividend per Share:

$1.40
Year-to-date Performance:
3.7037%
Dividend Yield:
2.99%
Price-to-book Ratio:
2.87
Trailing P/E Ratio:
34.93

Price History

Latest Prices

DateOpenHighLowClose
2025-05-01164.38165.12162.53164.08
2025-04-30162.72163.52159.175163.42
2025-04-29163.31164.5161.4163.11
2025-04-28163.16164.815160.98164.01
2025-04-25161.89164.27160.705162.97

EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, 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 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. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 59 million square feet.

Financial Performance

2024 Revenue:625.34M

Detailed view of quarterly revenue

2024 Net Income:232.57M

Detailed view of quarterly net income

2024 Free Cash Flow:400.80M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

Similar Companies