EastGroup Properties, Inc.

Symbol: EGP

NYSE

165.11

USD

Market price today

  • 36.8494

    P/E Ratio

  • 0.3813

    PEG Ratio

  • 7.95B

    MRK Cap

  • 0.03%

    DIV Yield

EastGroup Properties, Inc. (EGP) Stock Price & Analysis

Shares Outstanding

0M

Gross Profit Margin

0.65%

Operating Profit Margin

0.54%

Net Profit Margin

0.36%

Return on Assets

0.05%

Return on Equity

0.09%

Return on Capital Employed

0.07%

Company general description and statistics

Sector: Real Estate
Industry: REIT - Industrial
CEO:Mr. Marshall A. Loeb
Full-time employees:95
City:Ridgeland
Address:400 West Parkway Place
IPO:1983-10-21
CIK:0000049600

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.

General Outlook

When we look at how much money they make before expenses, they keep 0.651% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.542%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.363%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust 0.047% return, is a testament to EastGroup Properties, Inc.'s adeptness in optimizing resource deployment. EastGroup Properties, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.087%. Furthermore, the proficiency of EastGroup Properties, Inc. in capital utilization is underscored by a remarkable 0.073% return on capital employed.

Stock Prices

EastGroup Properties, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $160.57, while its low point bottomed out at $155.36. This variance in figures offers investors a lucid insight into the roller-coaster ride that is EastGroup Properties, Inc.'s stock market.

Liquidity Ratios

Analyzing EGP liquidity ratios reveals its financial health of the firm. The current ratio of 58.98% gauges short-term asset coverage for liabilities. The quick ratio (74.15%) assesses immediate liquidity, while the cash ratio (9.01%) indicates cash reserves.

cards.indicatorcards.value
Current Ratio58.98%
Quick Ratio74.15%
Cash Ratio9.01%

Profitability Ratios

EGP profitability indicators offer a lens into its earnings landscape. A pretax profit margin of 36.32% underscores its earnings before tax deductions. The effective tax rate stands at 16.92%, revealing its tax efficiency. The net income per EBT, 99.97%, and the EBT per EBIT, 66.97%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of 54.24%, we grasp its operational profitability.

cards.indicatorcards.value
Pretax Profit Margin36.32%
Effective Tax Rate16.92%
Net Income per EBT99.97%
EBT per EBIT66.97%
EBIT per Revenue54.24%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 0.59, it details the span from stock purchase to revenue. The 1 days it takes to settle debts showcases its creditor relations.

cards.indicatorcards.value
Days of Sales Outstanding74
Days of Inventory Outstanding-55
Operating Cycle-4.26
Days of Payables Outstanding26
Cash Conversion Cycle-30
Receivables Turnover7.20
Payables Turnover14.06
Inventory Turnover-6.64
Fixed Asset Turnover220.85
Asset Turnover0.13

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, 7.56, and free cash flow per share, 6.51, depict cash generation on a per-share basis. The cash per share value, 0.97, showcases liquidity position. A payout ratio of 1.08 highlights the portion of earnings distributed as dividends. Lastly, the operating cash flow sales ratio, 0.61, offers insight into cash flow relative to sales.

cards.indicatorcards.value
Operating Cash Flow per Share7.56
Free Cash Flow per Share6.51
Cash per Share0.97
Payout Ratio1.08
Operating Cash Flow Sales Ratio0.61
Free Cash Flow to Operating Cash Flow Ratio0.86
Cash Flow Coverage Ratio0.22
Short Term Coverage Ratio2.13
Capital Expenditure Coverage Ratio7.21
Dividend Paid and Capex Coverage Ratio1.28
Dividend Payout Ratio0.03

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 36.60%, highlights its total liabilities relative to assets. With a debt-equity ratio of 0.63, we discern the balance between debt and equity financing. The long-term debt to capitalization, 36.15%, and total debt to capitalization, 38.65%, ratios shed light on its capital structure. An interest coverage of 7.35 indicates its ability to manage interest expenses.

cards.indicatorcards.value
Debt Ratio36.60%
Debt Equity Ratio0.63
Long Term Debt to Capitalization36.15%
Total Debt to Capitalization38.65%
Interest Coverage7.35
Cash Flow to Debt Ratio0.22
Company Equity Multiplier1.72

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 12.62, provides a glimpse into top-line earnings distributed across each share. Net income per share, 4.43, reflects the portion of profit attributed to each share. The book value per share, 57.68, represents the net asset value distributed per share, while the tangible book value per share, 57.21, excludes intangible assets.

cards.indicatorcards.value
Revenue Per Share12.62
Net Income Per Share4.43
Book Value Per Share57.68
Tangible Book Value Per Share57.21
Shareholders Equity Per Share57.68
Interest Debt Per Share38.51
Capex Per Share-1.13

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 17.16%, indicates top-line expansion, while the gross profit growth, 17.97%, reveals profitability trends. EBIT growth, 208.08%, and operating income growth, 208.08%, offer insights into operational profitability progression. The net income growth, 7.69%, showcases bottom-line expansion, and the EPS growth, 1.37%, measures the growth in earnings per share.

cards.indicatorcards.value
Revenue Growth17.16%
Gross Profit Growth17.97%
EBIT Growth208.08%
Operating Income Growth208.08%
Net Income Growth7.69%
EPS Growth1.37%
EPS Diluted Growth1.38%
Weighted Average Shares Growth6.16%
Weighted Average Shares Diluted Growth6.13%
Dividends per Share Growth9.59%
Operating Cash Flow Growth6.86%
Free Cash Flow Growth4.15%
10-Year Revenue Growth per Share88.23%
5-Year Revenue Growth per Share48.85%
3-Year Revenue Growth per Share36.19%
10-Year Operating CF Growth per Share105.52%
5-Year Operating CF Growth per Share60.88%
3-Year Operating CF Growth per Share49.29%
10-Year Net Income Growth per Share309.99%
5-Year Net Income Growth per Share77.51%
3-Year Net Income Growth per Share136.37%
10-Year Shareholders Equity Growth per Share238.45%
5-Year Shareholders Equity Growth per Share126.34%
3-Year Shareholders Equity Growth per Share78.01%
10-Year Dividend per Share Growth per Share132.23%
5-Year Dividend per Share Growth per Share148.00%
3-Year Dividend per Share Growth per Share63.23%
Receivables Growth17.35%
Inventory Growth28.65%
Asset Growth11.98%
Book Value per Share Growth25.80%
Debt Growth-9.94%
SGA Expenses Growth2.55%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 9,956,616,960, captures the company's total value, considering both debt and equity. Income quality, 1.69, assesses the reliability of reported earnings. The ratio of intangibles to total assets, 0.47%, indicates the value of non-physical assets, and capex to operating cash flow, -15.11%, measures reinvestment capability.

cards.indicatorcards.value
Enterprise Value9,956,616,960
Income Quality1.69
Sales General and Administrative to Revenue0.03
Intangibles to Total Assets0.47%
Capex to Operating Cash Flow-15.11%
Capex to Revenue-8.96%
Capex to Depreciation-29.88%
Stock-Based Compensation to Revenue1.57%
Graham Number75.85
Return on Tangible Assets4.46%
Graham Net Net-39.66
Working Capital-32,902,000
Tangible Asset Value2,587,275,000
Net Current Asset Value-1,778,594,000
Invested Capital1
Average Receivables77,576,500
Average Payables13,001,500
Average Inventory-32,858,999
Days Sales Outstanding54
Days Payables Outstanding36
Days of Inventory On Hand-65
ROIC10.03%
ROE0.08%

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 2.97, and the price to book ratio, 2.97, reflect the market's valuation relative to the company's book value. The price to sales ratio, 13.46, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, 25.52, and price to operating cash flows, 21.85, gauge market valuation against cash flow metrics.

cards.indicatorcards.value
Price Book Value Ratio2.97
Price to Book Ratio2.97
Price to Sales Ratio13.46
Price Cash Flow Ratio21.85
Price Earnings to Growth Ratio0.38
Enterprise Value Multiple15.22
Price Fair Value2.97
Price to Operating Cash Flow Ratio21.85
Price to Free Cash Flows Ratio25.52
Price to Tangible Book Ratio3.18
Enterprise Value to Sales17.45
Enterprise Value Over EBITDA24.97
EV to Operating Cash Flow29.44
Earnings Yield2.42%
Free Cash Flow Yield3.46%
security
Trusted project
“All information displayed on the site is verified. High quality project and financial performance”
Eugene Alexeev
NumFin Founder and investing enthusiast

Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of EastGroup Properties, Inc. (EGP) on the NYSE in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is 36.849 in 2024.

What is the ticker symbol of EastGroup Properties, Inc. stock?

The ticker symbol of EastGroup Properties, Inc. stock is EGP.

What is company IPO date?

IPO date of EastGroup Properties, Inc. is 1983-10-21.

What is company current share price?

Current share price is 165.110 USD.

What is stock market cap today?

The market cap of stock today is 7949105373.000.

What is PEG ratio in 2024?

The current 0.381 is 0.381 in 2024.

What is the number of employees in 2024?

In 2024 the company has 95.