EastGroup Properties Company Profile (NYSE:EGP)

Analyst Ratings

Consensus Ratings for EastGroup Properties (NYSE:EGP) (?)
Ratings Breakdown: 2 Sell Rating(s), 8 Hold Rating(s), 1 Buy Rating(s)
Consensus Rating:Hold (Score: 1.91)
Consensus Price Target: $62.40 (15.24% downside)

Analysts' Ratings History for EastGroup Properties (NYSE:EGP)
Show:
DateFirmActionRatingPrice TargetActions
7/28/2016BMO Capital MarketsReiterated RatingHold$70.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/22/2016Sandler O'NeillDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/22/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/7/2016Citigroup Inc.Boost Price TargetBuy$67.00 -> $78.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/17/2016Credit Suisse Group AGReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/20/2016Cantor FitzgeraldReiterated RatingSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/21/2016DA DavidsonBoost Price TargetNeutral$58.00 -> $65.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/21/2016Evercore ISIBoost Price Target$63.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/9/2016SunTrust Banks Inc.Reiterated RatingReduce$50.00 -> $48.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/14/2015KeyCorpLower Price Target$54.00 -> $47.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/8/2015Evercore Partners Inc.Lower Price TargetHold$66.00 -> $62.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/20/2015Credit Agricole SADowngradeNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/19/2014Goldman Sachs Group Inc.DowngradeBuy -> Neutral$75.00 -> $63.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/3/2014Bank of America Corp.Reiterated RatingBuy -> Neutral$70.00 -> $68.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for EastGroup Properties (NYSE:EGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/13/2016        
7/20/2016Q216$0.99$0.99$61.53 million$61.92 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/20/2016Q116$0.93$0.91$61.54 million$61.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/1/2016Q415$0.95$0.94$59.48 million$61.02 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/15/2015Q315$0.94$0.94$58.73 million$58.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/16/2015Q215$0.91$0.92$58.17 million$57.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/16/2015Q115$0.87$0.87$57.70 million$57.58 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/2/2015Q314$0.91$0.91$56.70 million$57.24 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/16/2014Q214$0.88$0.89$54.89 million$55.96 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/17/2014Q114$0.85$0.84$53.24 million$53.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/16/2014$0.82$0.82$53.29 million$52.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/11/2014Q413$0.84$0.84$51.53 million$53.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/17/2013Q313$0.82$0.83$50.00 million$51.25 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/18/2013Q213$0.77$0.80$48.09 million$49.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/18/2013Q113$0.77$0.76$47.24 million$48.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/12/2013Q412$0.78$0.78$47.34 million$46.88 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/18/2012$0.77$0.76ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/19/2012$0.77$0.77ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/19/2012$0.76$0.77ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/14/2012$0.78$0.77ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/20/2011$0.74$0.75ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/21/2011$0.72$0.73ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/20/2011$0.69$0.71ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/15/2011$0.71$0.71ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for EastGroup Properties (NYSE:EGP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.98$0.98$0.98
Q2 20162$0.98$0.99$0.99
Q3 20162$1.03$1.04$1.04
Q4 20162$1.05$1.05$1.05
Q1 20171$1.02$1.02$1.02
Q2 20171$1.05$1.05$1.05
Q3 20171$1.07$1.07$1.07
Q4 20171$1.10$1.10$1.10
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for EastGroup Properties (NYSE:EGP)
Annual Dividend:$2.40
Dividend Yield:3.26%
Payout Ratio:87.59% (Based on Trailing 12 Months of Earnings)
60.30% (Based on Current Year Consensus EPS Estimate)
57.42% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:3.70% (3 Year Average)

Dividend History for EastGroup Properties (NYSE:EGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/26/2016quarterly$0.603.74%6/15/20166/17/20166/30/2016Tweet This Announcement  Share This Announcement on StockTwits
3/3/2016quarterly$0.604.16%3/21/20163/23/20163/31/2016Tweet This Announcement  Share This Announcement on StockTwits
12/4/2015quarterly$0.604.19%12/16/201512/18/201512/31/2015Tweet This Announcement  Share This Announcement on StockTwits
9/3/2015quarterly$0.604.57%9/16/20159/18/20159/30/2015Tweet This Announcement  Share This Announcement on StockTwits
5/28/2015quarterly$0.574.01%6/17/20156/19/20156/30/2015Tweet This Announcement  Share This Announcement on StockTwits
3/6/2015quarterly$0.573.86%3/18/20153/20/20153/31/2015Tweet This Announcement  Share This Announcement on StockTwits
12/5/2014quarterly$0.573.51%12/17/201412/19/201412/31/2014Tweet This Announcement  Share This Announcement on StockTwits
9/4/2014quarterly$0.573.48%9/17/20149/19/20149/30/2014Tweet This Announcement  Share This Announcement on StockTwits
5/29/2014quarterly$0.543.39%6/18/20146/20/20146/30/2014Tweet This Announcement  Share This Announcement on StockTwits
3/7/2014quarterly$0.543.5%3/19/20143/21/20143/31/2014Tweet This Announcement  Share This Announcement on StockTwits
12/6/2013quarterly$0.543.61%12/18/201312/20/201312/31/2013Tweet This Announcement  Share This Announcement on StockTwits
8/29/2013quarterly$0.543.84%9/17/20139/19/20139/30/2013Tweet This Announcement  Share This Announcement on StockTwits
5/29/2013quarterly$0.533.54%6/12/20136/14/20136/28/2013Tweet This Announcement  Share This Announcement on StockTwits
3/8/2013quarterly$0.533.69%3/18/20133/20/20133/28/2013Tweet This Announcement  Share This Announcement on StockTwits
12/9/2012quarterly$0.534.03%12/14/201212/18/201212/31/2012Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for EastGroup Properties (NYSE:EGP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/25/2016Bruce CorkernInsiderSell2,475$71.40$176,715.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/28/2016H C Bailey JrDirectorSell1,339$67.30$90,114.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/22/2016David H Hoster IIDirectorSell8,000$68.00$544,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/6/2016David H Hoster IIDirectorSell6,715$62.51$419,754.65View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/4/2016David H Hoster IIDirectorSell750$62.05$46,537.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/26/2016H Eric Bolton JrDirectorBuy1,700$59.95$101,915.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/31/2016David H Hoster IIDirectorSell24,208$60.01$1,452,722.08View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2015Fredric H GouldDirectorBuy4,000$56.70$226,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/23/2015H C Bailey JrDirectorSell1,800$57.89$104,202.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/8/2015Fredric H GouldDirectorBuy3,000$58.58$175,740.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/1/2015Fredric H GouldDirectorBuy1,300$57.26$74,438.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/10/2015Fredric H GouldDirectorBuy3,800$58.60$222,680.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/23/2015David H Hoster IICEOSell6,400$63.45$406,080.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/10/2015Hayden C Eaves IIIDirectorSell2,000$61.89$123,780.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/15/2014H Eric Bolton JrDirectorBuy1,000$62.00$62,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/10/2014Hayden C Eaves IIIDirectorSell1,500$64.80$97,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/22/2014Hayden C Eaves IIIDirectorSell1,500$64.96$97,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/12/2014H C Bailey JrDirectorSell1,745$64.42$112,412.90View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/11/2014Hayden C Eaves IIIDirectorSell1,106$64.22$71,027.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/21/2014David Hoster IICEOSell5,220$64.21$335,176.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/19/2014Hayden Eaves IIIDirectorSell3,444$62.28$214,492.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/18/2014David Hoster IICEOSell16,012$61.64$986,979.68View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/30/2013Bruce CorkernSVPSell1,257$57.80$72,654.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/23/2013Hayden C Eaves IIIDirectorSell1,152$63.19$72,794.88View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2013David H Hoster IICEOSell5,069$63.08$319,752.52View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for EastGroup Properties (NYSE:EGP)
DateHeadline
07/29/16 09:07 PMEGP: Insiders vs. Shorts
07/28/16 12:04 PMEASTGROUP PROPERTIES INC Financials -
07/22/16 01:21 PMEASTGROUP PROPERTIES INC Files SEC form 10-Q, Quarterly Report -
07/22/16 11:12 AMEastGroup Properties, Inc. :EGP-US: Earnings Analysis: Q2, 2016 By the Numbers : July 22, 2016 -
07/22/16 06:41 AMEastGroup Properties Announces Second Quarter 2016 Results
07/21/16 05:49 PMEdited Transcript of EGP earnings conference call or presentation 21-Jul-16 3:00pm GMT -
07/20/16 03:42 PMEastGroup Properties reports 2Q results -
07/20/16 06:07 AMQ2 2016 Eastgroup Properties Inc Earnings Release - After Market Close -
07/13/16 01:35 PMGenco cutting more than 50 jobs in Charlotte -
06/24/16 09:57 AMEastGroup Properties, Inc. :EGP-US: Earnings Analysis: Q1, 2016 By the Numbers : June 24, 2016 -
06/22/16 06:49 PMEastGroup Properties Announces Second Quarter 2016 Conference Call and Webcast - [at noodls] - Jackson, Mississippi, June 22, 2016-EastGroup Properties (NYSE-EGP) announced today that it will hold its Second Quarter Conference Call and webcast on Thursday, July 21, 2016 at 11:00 A.M. Eastern Daylight ...
06/10/16 07:56 AMTRAFFIC ALERT: Accident shuts down Springhill Road in Laurel
06/07/16 03:53 PMStock is up at $65.89 EastGroup Properties Announces…
06/07/16 11:58 AMEastGroup Properties Announces Presentation At REITWeek 2016: NAREIT's Investor Conference - [at noodls] - Jackson, Mississippi, June 7, 2016-EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the REITWeek 2016: NAREIT's Investor Conference. EastGroup's presentation is scheduled ...
06/03/16 08:40 AM2 Stocks Set to Suffer From an End of June Fed Rate Hike -
06/01/16 10:26 AMEASTGROUP PROPERTIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vo -
05/26/16 01:47 PMEastGroup Properties Announces 146th Consecutive Quarterly Cash Dividend - [at noodls] - Jackson, Mississippi, May 26, 2016-EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.60 per share payable on June 30, 2016 to shareholders ...
05/21/16 01:46 PMEastGroup Properties, Inc. Comm (EGP) Ownership Increased by State Street Corp - EastGroup Properties, Inc. Comm (NYSE:EGP). State Street Corp increased its stake in EastGroup Properties, Inc. Comm shares by 30,795 shares as reported in a filing on 05/20/2016. Its position was worth $64,083,000 an increase of $6,763,000 according to ...
05/18/16 04:13 PMEASTGROUP PROPERTIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhi -
05/12/16 04:01 PMEASTGROUP PROPERTIES INC Files SEC form 8-K, Other Events -
04/28/16 08:30 AMEastGroup Properties (EGP) Showing Signs Of Being Strong And Under The Radar - See the FREE profile for EGP NOW at Trade-Ideas More details on EGP: EastGroup Properties, Inc., a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. The stock ...
04/22/16 08:34 AMEastGroup Properties, Inc. :EGP-US: Earnings Analysis: Q1, 2016 By the Numbers -
04/22/16 05:53 AMEastGroup upgraded by Stifel -
04/21/16 06:20 PMEdited Transcript of EGP earnings conference call or presentation 21-Apr-16 3:00pm GMT -
04/21/16 09:25 AMEastGroup Properties Inc. Q1 Income Climbs 5% - EastGroup Properties Inc. (EGP) released a profit for its first quarter that advanced compared to the same period last year. The company said its bottom line came in at $29.52 million, or $0.91 per share. This was higher than $28.05 million, or $0.87 per ...
04/20/16 03:50 PMEastGroup Properties Announces First Quarter 2016 Results - [at noodls] - EGP Form 8-K 04.20.2016 FOR MORE INFORMATION, CONTACT: Marshall Loeb, President and Chief Executive Officer Keith McKey, Chief Financial Officer (601) 354-3555 EASTGROUP PROPERTIES ANNOUNCES FIRST QUARTER ...
04/20/16 03:47 PMEastGroup Properties reports 1Q results -
04/20/16 06:07 AMQ1 2016 Eastgroup Properties Inc Earnings Release - After Market Close -
04/15/16 12:22 PMStrong And Under The Radar: EastGroup Properties (EGP) - See the FREE profile for EGP NOW at Trade-Ideas More details on EGP: EastGroup Properties, Inc., a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. The stock ...
04/07/16 12:48 PMEastGroup Properties (NYSE:EGP): Director HOSTER DAVID H II sells 24208 shares - EastGroup holds its properties as long-term investments. EastGroup Properties, Inc (NYSE:EGP) is an equity real estate investment trust (REIT). It is focused on the development, acquisition and operation of industrial properties in Sunbelt markets ...
04/07/16 12:48 PMEastgroup Properties Inc (EGP) Stake Boosted by Edge Asset Management Inc - Ben Stokes "overwhelmed" by support after World Twenty20 final defeat Mr. David submitted a legally required form with the Washington-based Security and Exchange Commission disclosing a deal for 24,208 shares of the Pinksheet-listed Eastgroup Properties ...
04/07/16 12:48 PMHoster II Sells 24208 Shares of Eastgroup Properties Inc (EGP) Stock - 153,964 shares of the stock were exchanged. Clinton Group Inc. owned 0.06% of Eastgroup Properties worth $1,074,000 as of its most recent filing with the SEC. Pensionfund DSM Netherlands boosted its stake in Eastgroup Properties by 19.4% in the fourth quarter.
04/07/16 12:48 PMClinton Group Inc. Lowers Stake in Eastgroup Properties Inc (EGP) - Finally, California State Teachers Retirement System raised its stake in shares of Eastgroup Properties by 1.7% in the fourth quarter. DIAM Co. Ltd. raised its stake in shares of Eastgroup Properties by 66.5% in the fourth quarter. The high for the year ...
04/07/16 12:48 PMEastgroup Properties Inc (EGP) Director David H. Hoster II Sells 24208 Shares - Nationwide Fund Advisors increased its stake in Eastgroup Properties by 1.1% in the fourth quarter. About 153,964 shares traded hands. Clinton Group Inc. owned 0.06% of Eastgroup Properties worth $1,074,000 as of its most recent filing with the SEC.
04/07/16 08:37 AMInsiders Are Selling Shares of Hormel Foods Corp (HRL), HollyFrontier Corp (HFC), and This REIT -
04/02/16 12:29 PMToday's Strong And Under The Radar Stock Is EastGroup Properties (EGP) - See the FREE profile for EGP NOW at Trade-Ideas More details on EGP: EastGroup Properties, Inc., a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. The stock ...
04/02/16 12:29 PMEGP Dividend Yield Pushes Above 4% - Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of EastGroup Properties, Inc. (Symbol: EGP) were yielding above the 4% mark based on its quarterly dividend (annualized to $2.40), with the stock changing hands as ...
03/23/16 01:52 PMEastGroup Properties Announces First Quarter 2016 Earnings Conference Call and Webcast - [at noodls] - Jackson, Mississippi, March 23, 2016-EastGroup Properties (NYSE-EGP) announced today that it will hold its First Quarter Earnings Conference Call and Webcast on Thursday, April 21, 2016 at 11:00 A.M. Eastern ...
03/17/16 01:16 PMEx-Dividend Reminder: KAR Auction Services, Cincinnati Financial and EastGroup Properties - CINF), and EastGroup Properties, Inc. (NYSE: EGP) will all trade ex-dividend for their respective upcoming dividends. KAR Auction Services Inc. will pay its quarterly dividend of $0.29 on 4/5/16, Cincinnati Financial Corp. will pay its quarterly dividend ...
03/10/16 03:57 PMEastGroup Properties Announces Presentation At Citi 2016 Global Property CEO Conference - [PR Newswire] - JACKSON, Miss., March 10, 2016 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP ) announced today that Marshall Loeb, President and CEO, will present at the Citi 2016 Global Property CEO Conference ...
03/08/16 04:30 PMEast Group Properties Should Turn Investors Defensive -
03/03/16 01:59 PMMoody's affirms Eastgroup Properties' Baa2 issuer rating; stable outlook - EastGroup Properties, Inc. [NYSE: EGP] is a real estate investment trust headquartered in Jackson, Mississippi, and focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an ...
03/03/16 01:36 PMEastGroup Properties Announces 145th Consecutive Quarterly Cash Dividend - [PR Newswire] - JACKSON, Miss., March 3, 2016 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.60 per share payable on March 31, 2016 ...
02/22/16 12:45 PMEastGroup Properties : Announces The Sale Of A Houston Asset And The Signing Of A New Loan Commitment - Jackson, Mississippi, February 18, 2016-EastGroup Properties (NYSE-EGP) today announced the sale of its Northwest ... EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and ...
02/20/16 12:04 PMEastGroup Properties announces sale of Houston asset, signing of new loan commitment - This is a news release from EastGroup Properties Inc. EastGroup Properties (NYSE: EGP) today announced the sale of its Northwest Point Distribution and Service Centers in Houston, on February 12, 2016. The sale of the properties, which contain 232,000 ...
02/18/16 03:46 PMEastGroup Properties Announces The Sale Of A Houston Asset And The Signing Of A New Loan Commitment - [PR Newswire] - JACKSON, Miss., Feb. 18, 2016 /PRNewswire/ -- EastGroup Properties (EGP) today announced the sale of its Northwest Point Distribution and Service Centers in Houston, on February 12, 2016. The sale of the properties, which contain 232,000 square feet, generated gross sales proceeds of approximately $15.6 million. The Company expects to record a gain on the sale in the first quarter of 2016. On February 10, 2016, EastGroup executed a commitment letter for a $65 million senior unsecured term loan which is expected to close on April 1, 2016. The loan will have a seven-year term and interest only payments. It will bear interest at the annual rate of LIBOR plus an applicable margin (currently 1.65%) based on the Company's senior unsecured long-term debt rating. The Company also entered into an interest rate swap agreement to convert the loan's LIBOR rate component to a fixed interest rate for the entire term of the loan providing a total effective fixed interest rate of 2.863%. Closing of the loan and swap agreement are subject to customary closing conditions.
02/17/16 02:51 PMEASTGROUP PROPERTIES INC Files SEC form 10-K, Annual Report -
02/04/16 08:14 AMEastGroup Properties, Inc. Earnings Analysis: 2015 By the Numbers -
02/02/16 03:41 PMEdited Transcript of EGP earnings conference call or presentation 2-Feb-16 4:00pm GMT -
02/01/16 05:51 PMEastGroup Properties Inc. Q4 Earnings Rise 4% - EastGroup Properties Inc. (EGP) released a profit for its fourth quarter that rose compared to the same period last year. The company said its bottom line advanced to $30.35 million, or $0.94 per share. This was higher than $29.24 million, or $0.91 per ...

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About EastGroup Properties

EastGroup Properties logoEastGroup Properties, Inc. is an equity real estate investment trust. The Company is focused on the development, acquisition and operation of industrial properties in various Sunbelt markets across the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company operates through the industrial properties segment. The Company is a provider of functional, flexible and business distribution space for location sensitive tenants primarily in the 5,000 to 50,000 square foot range. The Company provides property management services to its Florida, Texas (except Austin and El Paso), Arizona, Mississippi and North Carolina properties. It provides property administration (accounting of operations) for its portfolio. The Company owns approximately 320 industrial properties and an office building. Its portfolio includes approximately two operating properties in Austin.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Industrial REITs
  • Exchange: NYSE
  • Symbol: EGP
  • CUSIP: 27727610
Key Metrics:
  • Previous Close: $73.62
  • 50 Day Moving Average: $69.89
  • 200 Day Moving Average: $61.01
  • P/E Ratio: 26.65
  • P/E Growth: 4.02
  • Market Cap: $2.41B
  • Beta: 0.97
  • Current Year EPS Consensus Estimate: $3.98 EPS
  • Next Year EPS Consensus Estimate: $4.18 EPS
Additional Links:
EastGroup Properties (NYSE:EGP) Chart for Saturday, July, 30, 2016