EastGroup Properties Statistics
Total Valuation
EGP has a market cap or net worth of $8.02 billion. The enterprise value is $9.70 billion.
| Market Cap | 8.02B |
| Enterprise Value | 9.70B |
Important Dates
The last earnings date was Tuesday, April 23, 2024, after market close.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | Mar 27, 2024 |
Share Statistics
EGP has 48.14 million shares outstanding. The number of shares has increased by 9.44% in one year.
| Shares Outstanding | 48.14M |
| Shares Change (YoY) | +9.44% |
| Shares Change (QoQ) | +2.09% |
| Owned by Insiders (%) | 1.00% |
| Owned by Institutions (%) | 93.49% |
| Float | 47.27M |
Valuation Ratios
The trailing PE ratio is 36.13 and the forward PE ratio is 36.56. EGP's PEG ratio is 5.78.
| PE Ratio | 36.13 |
| Forward PE | 36.56 |
| PS Ratio | 13.63 |
| Forward PS | 12.30 |
| PB Ratio | 3.02 |
| P/FCF Ratio | n/a |
| PEG Ratio | 5.78 |
Enterprise Valuation
| EV / Earnings | 45.21 |
| EV / Sales | 16.44 |
| EV / EBITDA | 22.30 |
| EV / EBIT | 37.37 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 3.85 |
| Debt / FCF | n/a |
| Interest Coverage | 5.76 |
Financial Efficiency
Return on equity (ROE) is 8.70% and return on invested capital (ROIC) is 5.42%.
| Return on Equity (ROE) | 8.70% |
| Return on Assets (ROA) | 4.90% |
| Return on Capital (ROIC) | 5.42% |
| Revenue Per Employee | $6.14M |
| Profits Per Employee | $2.23M |
| Employee Count | 96 |
| Asset Turnover | 0.13 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +1.69% in the last 52 weeks. The beta is 0.97, so EGP's price volatility has been similar to the market average.
| Beta (1Y) | 0.97 |
| 52-Week Price Change | +1.69% |
| 50-Day Moving Average | 169.40 |
| 200-Day Moving Average | 173.71 |
| Relative Strength Index (RSI) | 52.55 |
| Average Volume (30 Days) | 298,700 |
Short Selling Information
The latest short interest is 674,879, so 1.40% of the outstanding shares have been sold short.
| Short Interest | 674,879 |
| Short Previous Month | 867,738 |
| Short % of Shares Out | 1.40% |
| Short % of Float | 1.43% |
| Short Ratio (days to cover) | 2.23 |
Income Statement
In the last 12 months, EGP had revenue of $589.79 million and earned $214.45 million in profits. Earnings per share was $4.62.
| Revenue | 589.79M |
| Gross Profit | 428.94M |
| Operating Income | 234.86M |
| Pretax Income | 214.45M |
| Net Income | 214.45M |
| EBITDA | 434.71M |
| EBIT | 259.48M |
| Earnings Per Share (EPS) | $4.62 |
Balance Sheet
The company has $15.63 million in cash and $1.68 billion in debt, giving a net cash position of -$1.66 billion or -$34.47 per share.
| Cash & Cash Equivalents | 15.63M |
| Total Debt | 1.68B |
| Net Cash | -1.66B |
| Net Cash Per Share | -$34.47 |
| Equity / Book Value | 2.66B |
| Book Value Per Share | 55.23 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $361.64 million and capital expenditures -$652.02 million, giving a free cash flow of -$290.37 million.
| Operating Cash Flow | 361.64M |
| Capital Expenditures | -652.02M |
| Free Cash Flow | -290.37M |
| FCF Per Share | -$6.07 |
Margins
Gross margin is 72.73%, with operating and profit margins of 39.82% and 36.36%.
| Gross Margin | 72.73% |
| Operating Margin | 39.82% |
| Pretax Margin | 36.36% |
| Profit Margin | 36.36% |
| EBITDA Margin | 73.71% |
| EBIT Margin | 43.99% |
| FCF Margin | -49.23% |
Dividends & Yields
This stock pays an annual dividend of $5.08, which amounts to a dividend yield of 3.05%.
| Dividend Per Share | $5.08 |
| Dividend Yield | 3.05% |
| Dividend Growth (YoY) | 4.33% |
| Years of Dividend Growth | 7 |
| Payout Ratio | 109.96% |
| Buyback Yield | -9.44% |
| Shareholder Yield | -6.40% |
| Earnings Yield | 2.67% |
| FCF Yield | -3.61% |
Analyst Forecast
The average price target for EGP is $181.73, which is 9.19% higher than the current price. The consensus rating is "Buy".
| Price Target | $181.73 |
| Price Target Difference | 9.19% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | 13.82% |
| EPS Growth Forecast (5Y) | 32.12% |
Stock Splits
The last stock split was on April 8, 1997. It was a forward split with a ratio of 3:2.
| Last Split Date | Apr 8, 1997 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |