(EGP) EastGroup Properties - Overview
Stock: Industrial, Distribution, Warehouse, Logistics, Flex
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.42% |
| Yield on Cost 5y | 4.67% |
| Yield CAGR 5y | 13.30% |
| Payout Consistency | 96.2% |
| Payout Ratio | 1.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 20.4% |
| Relative Tail Risk | 0.44% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.49 |
| Alpha | 2.82 |
| Character TTM | |
|---|---|
| Beta | 0.635 |
| Beta Downside | 0.651 |
| Drawdowns 3y | |
|---|---|
| Max DD | 22.37% |
| CAGR/Max DD | 0.35 |
Description: EGP EastGroup Properties January 07, 2026
EastGroup Properties, Inc. (NYSE: EGP) is a self-administered REIT that develops, acquires, and operates industrial distribution assets in high-growth U.S. markets, concentrating on Texas, Florida, California, Arizona and North Carolina. The firm targets “location-sensitive” tenants needing 20,000–100,000 sq ft of flexible space and clusters its properties near major transportation corridors to capture supply-constrained sub-markets.
As of the latest filing, the portfolio comprises roughly 64.4 million sq ft of owned and under-development space, including value-add acquisitions that are in lease-up or construction phases. The REIT’s 2023 occupancy rate held at ~95%, and its funds-from-operations (FFO) grew 8% YoY, reflecting robust demand from e-commerce and logistics firms.
Key economic drivers for EastGroup include continued e-commerce penetration (projected to grow ~6% annually through 2027), persistent freight-capacity constraints, and a relatively low vacancy environment in the targeted Sun-belt metros. However, the business remains sensitive to rising interest rates, which can pressure cap rates and increase financing costs.
For a deeper dive into how these dynamics translate into valuation metrics and potential upside, consider exploring the analyst tools on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 248.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.21 > 1.0 |
| NWC/Revenue: -24.63% < 20% (prev -15.34%; Δ -9.29% < -1%) |
| CFO/TA 0.09 > 3% & CFO 469.9m > Net Income 248.3m |
| Net Debt (1.52b) to EBITDA (457.0m): 3.32 < 3 |
| Current Ratio: 0.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.3m) vs 12m ago 8.70% < -2% |
| Gross Margin: 57.82% > 18% (prev 0.73%; Δ 5709 % > 0.5%) |
| Asset Turnover: 13.77% > 50% (prev 13.12%; Δ 0.66% > 0%) |
| Interest Coverage Ratio: 8.69 > 6 (EBITDA TTM 457.0m / Interest Expense TTM 31.9m) |
Altman Z'' -0.36
| A: -0.03 (Total Current Assets 122.0m - Total Current Liabilities 293.5m) / Total Assets 5.35b |
| B: -0.08 (Retained Earnings -443.8m / Total Assets 5.35b) |
| C: 0.05 (EBIT TTM 277.1m / Avg Total Assets 5.05b) |
| D: -0.24 (Book Value of Equity -435.0m / Total Liabilities 1.85b) |
| Altman-Z'' Score: -0.36 = B |
Beneish M -2.70
| DSRI: 1.06 (Receivables 107.2m/90.6m, Revenue 696.2m/623.6m) |
| GMI: 1.26 (GM 57.82% / 72.68%) |
| AQI: 1.00 (AQ_t 0.98 / AQ_t-1 0.97) |
| SGI: 1.12 (Revenue 696.2m / 623.6m) |
| TATA: -0.04 (NI 248.3m - CFO 469.9m) / TA 5.35b) |
| Beneish M-Score: -2.70 (Cap -4..+1) = A |
What is the price of EGP shares?
Over the past week, the price has changed by +4.55%, over one month by +4.93%, over three months by +9.77% and over the past year by +13.34%.
Is EGP a buy, sell or hold?
- StrongBuy: 11
- Buy: 1
- Hold: 8
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the EGP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 199.8 | 5.2% |
| Analysts Target Price | 199.8 | 5.2% |
| ValueRay Target Price | 204.9 | 7.9% |
EGP Fundamental Data Overview February 02, 2026
P/S = 13.9198
P/B = 2.7568
P/EG = 5.78
Revenue TTM = 696.2m USD
EBIT TTM = 277.1m USD
EBITDA TTM = 457.0m USD
Long Term Debt = 1.44b USD (from longTermDebt, last quarter)
Short Term Debt = 42.2m USD (from shortTermDebt, last quarter)
Debt = 1.52b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.52b USD (from netDebt column, last quarter)
Enterprise Value = 11.21b USD (9.69b + Debt 1.52b - CCE 2.98m)
Interest Coverage Ratio = 8.69 (Ebit TTM 277.1m / Interest Expense TTM 31.9m)
EV/FCF = 28.21x (Enterprise Value 11.21b / FCF TTM 397.2m)
FCF Yield = 3.54% (FCF TTM 397.2m / Enterprise Value 11.21b)
FCF Margin = 57.06% (FCF TTM 397.2m / Revenue TTM 696.2m)
Net Margin = 35.67% (Net Income TTM 248.3m / Revenue TTM 696.2m)
Gross Margin = 57.82% ((Revenue TTM 696.2m - Cost of Revenue TTM 293.6m) / Revenue TTM)
Gross Margin QoQ = 43.92% (prev 42.72%)
Tobins Q-Ratio = 2.09 (Enterprise Value 11.21b / Total Assets 5.35b)
Interest Expense / Debt = 0.51% (Interest Expense 7.68m / Debt 1.52b)
Taxrate = 21.0% (US default 21%)
NOPAT = 218.9m (EBIT 277.1m * (1 - 21.00%))
Current Ratio = 0.42 (Total Current Assets 122.0m / Total Current Liabilities 293.5m)
Debt / Equity = 0.43 (Debt 1.52b / totalStockholderEquity, last quarter 3.51b)
Debt / EBITDA = 3.32 (Net Debt 1.52b / EBITDA 457.0m)
Debt / FCF = 3.82 (Net Debt 1.52b / FCF TTM 397.2m)
Total Stockholder Equity = 3.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.91% (Net Income 248.3m / Total Assets 5.35b)
RoE = 7.33% (Net Income TTM 248.3m / Total Stockholder Equity 3.39b)
RoCE = 5.74% (EBIT 277.1m / Capital Employed (Equity 3.39b + L.T.Debt 1.44b))
RoIC = 4.50% (NOPAT 218.9m / Invested Capital 4.86b)
WACC = 7.19% (E(9.69b)/V(11.21b) * Re(8.25%) + D(1.52b)/V(11.21b) * Rd(0.51%) * (1-Tc(0.21)))
Discount Rate = 8.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.48%
[DCF Debug] Terminal Value 82.65% ; FCFF base≈375.3m ; Y1≈423.7m ; Y5≈571.7m
Fair Price DCF = 191.6 (EV 11.74b - Net Debt 1.52b = Equity 10.22b / Shares 53.3m; r=7.19% [WACC]; 5y FCF grow 15.00% → 2.90% )
EPS Correlation: -11.74 | EPS CAGR: -43.12% | SUE: -4.0 | # QB: 0
Revenue Correlation: 99.18 | Revenue CAGR: 15.13% | SUE: 0.05 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.19 | Chg30d=+0.005 | Revisions Net=+2 | Analysts=4
EPS next Year (2026-12-31): EPS=5.22 | Chg30d=-0.047 | Revisions Net=-2 | Growth EPS=+7.3% | Growth Revenue=+8.2%