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EastGroup Properties, Inc.

EGP•NYSE
Real Estate
REIT - Industrial
$167.12
$-0.43(-0.26%)

EastGroup Properties, Inc. (EGP) Stock Overview

Explore EastGroup Properties, Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B+

Score: 75.1/100

Key Financials

Market Cap8.8B
P/E Ratio37.68
EPS (TTM)$4.58
ROE0.07%
Fundamental Analysis

AI Price Forecasts

1 Week$170.33
1 Month$177.86
3 Months$178.72
1 Year Target$179.27

EGP Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of EastGroup Properties, Inc. (EGP) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

Our forecasting models predict significant price movements, with a 12-month target of $179.27.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 37.68 and a market capitalization of 8.8B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Revenue Growth
12.21%
↑ 12.21%
Profit Growth
$4.40
↓ 100.00%
EPS Growth
$4.40
↑ 5.42%
Operating Margin
39.78%
↑ 11.86%
ROE
7.47%
↓ 100.00%
Dividend Yield
0.00%
↑ 3.83%

Analyst Recommendations

Strong Buy
2
Buy
2
Hold
1
Sell
0
Strong Sell
0

Price Targets

Low$175.00
Average$196.11
High$214.00

Company Profile

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.

CEO

Marshall A. Loeb

Employees

101

Headquarters

400 West Parkway Place, Ridgeland, MS

Founded

1983

Frequently Asked Questions

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