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EGPEastGroup Properties Inc

NYSE · Real Estate · REIT - Industrial

$198.40

-$1.67 (-0.83%)

EastGroup Properties Inc (EGP) is a reit - industrial company listed on NYSE. It is led by Marshall A. Loeb, based in 400 W. Parkway Place, Ridgeland, MS, United States, 39157-6005, with about 103 employees. EastGroup Properties, Inc. a member of the S&P Mid-Cap 400 and Russell 2000 Indexes. It is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona 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. East Groups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 65.5 million square feet. EastGroup Properties, Inc. was incorporated in 1969 and is based in Ridgeland, United States.

Latest reported EGP revenue for 2025-09-30 was $182.1M. Net income was $67.0M. Revenue was up 2.7% from 2025-06-30 to 2025-09-30. EGP currently screens at market cap $10.62B and trailing P/E 35.9.

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About EastGroup Properties Inc

EastGroup Properties, Inc. a member of the S&P Mid-Cap 400 and Russell 2000 Indexes. It is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona 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. East Groups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 65.5 million square feet. EastGroup Properties, Inc. was incorporated in 1969 and is based in Ridgeland, United States.

EGP Key Statistics

Market Cap

$10.62B

Volume

300,327

Previous Close

$200.00

Day Range

$199.39$200.95

P/E Ratio

35.85

P/B Ratio

3.06

EPS

$4.66

Revenue

$640.23M

Net Income

$227.81M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

2.97%

Revenue Growth

+12.2%

Profit Margin

35.6%

Employees

103

EGP Financials

Annual income statement in USD. Latest reported periods first.

EGP annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$640.23M$570.59M$487.02M$409.48M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$227.81M$200.55M$186.27M$157.64M
EPS (Diluted)$4.66$4.42$4.36$3.90

Total Assets

$5.08B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$17.53M

Operating Cash Flow

$416.59M

Free Cash Flow

$0.00

EastGroup Properties Inc Company Information

CEO & Director
Marshall A. Loeb
Headquarters
400 W. Parkway Place, Ridgeland, MS, United States, 39157-6005
Phone
601 354 3555
IPO / Founded
1992-03-17
Industry
REIT - Industrial
Data Updated:

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