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Eastgroup Properties (DE:EGO)
FRANKFURT:EGO
RESEARCH TOOLSreports
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€152
Volume0.00
Average Volume (3M)11.00
Market Cap
€7.38B
Enterprise Value€8.93B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)N/A
Beta0.69
Next Earnings
Jul 23, 2024EPS Estimate
€1.02Next Dividend Ex-DateN/A
Dividend Yield3.06%
Share Statistics
EPS (TTM)N/A
Shares Outstanding48,144,312
10 Day Avg. Volume0
30 Day Avg. Volume11
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.99
Price to Sales (P/S)12.66
Price to Cash Flow (P/CF)51.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.65
Enterprise Value/Gross Profit21.47
Enterprise Value/Ebitda57.69
Forecast
1Y Price Target
€169.53Price Target Upside11.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Eastgroup Properties News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst initiates with an Outperform rating and a $190 target price for EastGroup, reflecting confidence in the company's strong growth prospects.
Market PositionEastGroup's focus on infill, small-bay industrial assets is seen as more defensive compared to big-box warehouses, suggesting resilience in market volatility.
Operational StrengthEastGroup's significant rent mark-to-market is driving outsized core growth compared to the overall REIT group, indicating potential for future revenue increases.
Bears Say
Development PipelineWe have updated lease-up assumptions for the development pipeline and now assume 18-months lease-up.
Financial PerformanceEGP reported a headline miss, but adjusted for G&A was more in line.
Market DynamicsOccupancy 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
4.60% Other Institutional Investors
95.40% 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 73 days.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Apr 23, 2024. The company reported €1.136 earnings per share for the quarter, beating the consensus estimate of €0.971 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 does not currently pay dividends.
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 €1.136 in its last earnings report, beating expectations of €0.971. 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
Underperform
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5
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10
Analyst Consensus
Moderate Buy
Average Price Target:
€169.53 (11.53% Upside)
€169.53 (11.53% Upside)
Blogger Sentiment
Bullish
DE:EGO Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $456.9K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.57%
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 Month Forecast
Average Price Target
€169.53
▲(11.53% Upside)
Technical Analysis
Prologis
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W. P. Carey Inc.
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Extra Space Storage
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Public Storage
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Eastgroup Properties
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Best Analysts Covering EGO
1 Year
1 Year Success Rate
14/22 ratings generated profit
1 Year Average Return
+11.61%
assigned a buy rating 12 days ago
Copying Alexander Goldfarb's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +11.61% per trade.
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