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Eastgroup Properties (DE:EGO)
FRANKFURT:EGO
RESEARCH TOOLSreports
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EGO Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€144.00 - €176.00
Previous Close€170
Volume0.00
Average Volume (3M)6.00
Market Cap
€8.31B
Enterprise Value€9.77B
Total Cash (Recent Filing)$39.40M
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)―
Beta0.48
Next Earnings
Oct 22, 2024EPS Estimate
€1.02Next Dividend Ex-Date
Sep 30, 2024Dividend Yield2.72%
Share Statistics
EPS (TTM)N/A
Shares Outstanding48,730,228
10 Day Avg. Volume1
30 Day Avg. Volume6
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.98
Price to Sales (P/S)14.95
Price to Cash Flow (P/CF)18.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.05
Enterprise Value/Gross Profit23.46
Enterprise Value/Ebitda22.08
Forecast
1Y Price Target
€180.68Price Target Upside6.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Eastgroup Properties News
PremiumPress Releases
EastGroup Properties Announces Dividend Increase
Bulls Say, Bears Say
Bulls Say
AcquisitionsEastGroup's recent acquisition of Hays Commerce Center 3 & 4 in Austin for approximately $36.0 million expands its industrial property portfolio.
Financial PerformanceEastGroup raised its 2024 FFO/share guidance midpoint by $0.06 to $8.33, indicating stronger-than-expected financial outlook.
Operational MetricsGAAP leasing spreads of 59.7%, the second-highest level during this cycle, highlight strong leasing performance.
Bears Say
Financial PerformanceA decline in leased portfolio to 97.0% suggests potential challenges in maintaining growth momentum.
Leasing ActivityLeased occupancy decreased by 60 basis points quarter-over-quarter to 97.4%, impacting income growth.
Occupancy RatesEastGroup's portfolio occupancy dropped to 96.8%, reflecting a decline from previous quarters.
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Options Prices
Currently, No data available
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Ownership Overview
2.66% Insiders
34.41% Mutual Funds
44.95% Other Institutional Investors
17.98% 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 €144.00 and its highest was €176.00 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 Oct 22, 2024 which is in 27 days.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Jul 23, 2024. The company reported €1.022 earnings per share for the quarter, beating the consensus estimate of €0.984 by €0.038.
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 €1.25 which represents an annual dividend yield of 2.72%. 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?
Eastgroup Properties has 48,730,230 shares outstanding.
What happened to Eastgroup Properties’s price movement after its last earnings report?
Eastgroup Properties reported an EPS of €1.022 in its last earnings report, beating expectations of €0.984. Following the earnings report the stock price went down -3.409%.
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 11M.
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Eastgroup Properties Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€180.68 (6.28% Upside)
€180.68 (6.28% Upside)
Blogger Sentiment
Bullish
DE:EGO Sentiment 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $611.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.46%
12-Months-Change
Fundamentals
Return on Equity
9.09%
Trailing 12-Months
Asset Growth
12.14%
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
Q2 2024
0:00 / 0:00
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EGO Stock 12 Month Forecast
Average Price Target
€180.68
▲(6.28% Upside)
Technical Analysis
Eastgroup Properties
―
First Industrial Realty
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Stag Industrial
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Rexford Industrial Realty
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Best Analysts Covering EGO
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+17.07%
reiterated a buy rating 2 months ago
Copying Richard Anderson's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +17.07% per trade.
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