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Eastgroup Properties (DE:EGO)
FRANKFURT:EGO
Eastgroup Properties (EGO) Stock Price & Analysis
0 Followers
EGO Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€142.77 - €171.74
Previous Close€145
Volume0.00
Average Volume (3M)11.00
Market Cap
€7.01B
Enterprise Value€8.58B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)N/A
Beta0.76
Next Earnings
Jul 23, 2024EPS Estimate
€1.02Last Dividend Ex-Date
Mar 27, 2024Dividend Yield3.25%
Share Statistics
EPS (TTM)N/A
Shares Outstanding48,144,312
10 Day Avg. Volume1
30 Day Avg. Volume11
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.88
Price to Sales (P/S)12.23
Price to Cash Flow (P/CF)49.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.03
Enterprise Value/Gross Profit20.62
Enterprise Value/Ebitda55.40
Forecast
1Y Price Target
€174.60Price Target Upside18.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Eastgroup Properties News
Bulls Say, Bears Say
Bulls Say
Financial StrengthWith a strong balance sheet and a decrease in Debt to EBITDAre, the company demonstrates financial robustness and effective management, underscoring its potential for value creation.
Growth ProspectsThe company's development pipeline is showing promising progress, featuring an increase in leasing and high projected yields, signaling a potential for increased value and growth.
Market PerformanceSunbelt markets in TX and FL are experiencing fundamental outperformance, with rising occupancy and notable cash same-store net operating income (SS-NOI) growth.
Bears Say
EarningsEGP had a mixed 1Q24 result with an FFOps miss due to higher bad debt and falling occupancy.
Market DynamicsHaving less California and large-tenant exposure was beneficial in the past, but may not be advantageous in 2024 due to shifting market dynamics.
Market PositionOccupancy in EGP's California and Florida markets dropped significantly.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.86% Other Institutional Investors
99.14% Public Companies and
Individual Investors
EGO FAQ
What was Eastgroup Properties’s price range in the past 12 months?
Eastgroup Properties lowest stock price was €142.77 and its highest was €171.74 in the past 12 months.
What is Eastgroup Properties’s market cap?
Currently, no data Available
When is Eastgroup Properties’s upcoming earnings report date?
Eastgroup Properties’s upcoming earnings report date is Jul 23, 2024 which is in 84 days.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Apr 23, 2024. The company reported €1.139 earnings per share for the quarter, beating the consensus estimate of €0.974 by €0.165.
Is Eastgroup Properties overvalued?
According to Wall Street analysts Eastgroup Properties’s price is currently Undervalued.
Does Eastgroup Properties pay dividends?
Eastgroup Properties pays a Quarterly dividend of €1.19 which represents an annual dividend yield of 3.25%. See more information on Eastgroup Properties dividends here
What is Eastgroup Properties’s EPS estimate?
Eastgroup Properties’s EPS estimate is €1.02.
How many shares outstanding does Eastgroup Properties have?
Currently, no data Available
What happened to Eastgroup Properties’s price movement after its last earnings report?
Eastgroup Properties reported an EPS of €1.139 in its last earnings report, beating expectations of €0.974. Following the earnings report the stock price went down -5.161%.
Which hedge fund is a major shareholder of Eastgroup Properties?
Among the largest hedge funds holding Eastgroup Properties’s share is AEW Capital Management, L.P.. It holds Eastgroup Properties’s shares valued at 50M.
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Eastgroup Properties Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€174.60 (18.77% Upside)
€174.60 (18.77% Upside)
Blogger Sentiment
Bullish
DE:EGO Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $456.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.25%
12-Months-Change
Fundamentals
Return on Equity
9.13%
Trailing 12-Months
Asset Growth
12.17%
Trailing 12-Months
Company Description
Eastgroup Properties
EastGroup Properties, Inc. is an equity real estate investment trust, which engages in the development, acquisition and operation of industrial properties in the United States. It operates through Industrial Properties segment. Its portfolio consists of distribution facilities in Florida, California, Texas, Arizona, and North Carolina. The company was founded in 1969 and is headquartered in Ridgeland, MS.
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EGO Earnings Call
Q1 2024
0:00 / 0:00
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EGO Stock 12 Months Forecast
Average Price Target
€174.60
▲(18.77% Upside)
Technical Analysis
Eastgroup Properties
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Best Analysts Covering EGO
1 Year
1 Year Success Rate
4/7 ratings generated profit
1 Year Average Return
+7.56%
reiterated a buy rating 6 months ago
Copying Tom Catherwood's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +7.56% per trade.
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