EGP Stock Analysis: EastGroup Properties | NYSE
REIT - Industrial | NYSE, USA | Market Cap: 11.537m USD | 12M Return: 30.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 82.4M
EPS Trend: 80.6%
Qual. Beats: 1
Rev. Trend: 99.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
EastGroup Properties, Inc. (NYSE: EGP) is a self-administered equity real estate investment trust (REIT) that develops, acquires, and operates industrial properties concentrated in high-growth Sun Belt markets, with a primary emphasis on Texas, Florida, California, Arizona, and North Carolina. The company targets location sensitive customers-tenants that need smaller-format distribution facilities generally ranging from 20,000 to 100,000 square feet-and pursues growth by clustering premier distribution assets near major transportation infrastructure in supply-constrained submarkets. EastGroup is a member of the S&P Mid-Cap 400 and Russell 2000 indexes, was incorporated in 1969, and is headquartered in Ridgeland, Mississippi. As an industrial REIT, the company generates revenue primarily through long-term leases on warehouse and logistics properties, a business model that typically benefits from secular tailwinds such as e-commerce penetration, supply chain reshoring, and population growth in its core Sun Belt footprint.
- Sun Belt e-commerce demand fuels warehouse occupancy and rental rate growth
- Interest rate environment pressures cap rates and development funding costs
- Development pipeline expansion drives future FFO growth in supply-constrained markets
| Net Income: 292.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.38 > 1.0 |
| NWC/Revenue: 0.76% < 20% (prev -10.93%; Δ 11.70% < -1%) |
| CFO/TA 0.09 > 3% & CFO 489.4m > Net Income 292.6m |
| Net Debt (1.68b) to EBITDA (540.2m): 3.10 < 3 |
| Current Ratio: 1.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.5m) vs 12m ago 2.92% < -2% |
| Gross Margin: 36.05% > 18% (prev 72.91%; Δ -36.86% > 0.5%) |
| Asset Turnover: 13.91% > 50% (prev 12.86%; Δ 1.05% > 0%) |
| Interest Coverage Ratio: 10.33 > 6 (EBIT TTM 320.5m / Interest Expense TTM 31.0m) |
| A: 0.00 (Total Current Assets 145.6m - Total Current Liabilities 140.0m) / Total Assets 5.49b |
| B: -0.08 (Retained Earnings -447.9m / Total Assets 5.49b) |
| C: 0.06 (EBIT TTM 320.5m / Avg Total Assets 5.30b) |
| D: 1.87 (Book Value of Equity 3.58b / Total Liabilities 1.91b) |
| Altman-Z'' = 2.11 = BBB |
| DSRI: 1.04 (Receivables 114.3m/98.3m, Revenue 737.1m/657.0m) |
| GMI: 2.02 (GM 72.91% / 36.05%) |
| AQI: 1.00 (AQ_t 0.97 / AQ_t-1 0.97) |
| SGI: 1.12 (Revenue 737.1m / 657.0m) |
| TATA: -0.04 (NI 292.6m - CFO 489.4m) / TA 5.49b) |
| Beneish M = -1.99 (Cap -4..+1) = B |
As of July 11, 2026, the stock is trading at USD 210.43 with a total of 189,474 shares traded. Over the past week, the price has changed by +2.42%, over one month by +4.71%, over three months by +10.01% and over the past year by +30.46%.
Current recommended Stop Loss: 203.20 (which is 3.4% or 1.7 ATR below the current price).
EastGroup Properties has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy EGP.
- StrongBuy: 11
- Buy: 1
- Hold: 8
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 217.5 | 3.4% |
P/E Trailing = 39.0218
P/E Forward = 42.0168
P/S = 15.6884
P/B = 3.1762
P/EG = 8.416
Revenue TTM = 737.1m USD
EBIT TTM = 320.5m USD
EBITDA TTM = 540.2m USD
Long Term Debt = 1.61b USD (from longTermDebt, last quarter)
Short Term Debt = 140.0m USD (from shortTermDebt, last quarter)
Debt = 1.71b USD (from shortLongTermDebtTotal, last quarter) + Leases 38.0m
Net Debt = 1.68b USD (calculated: Debt 1.71b - CCE 31.4m)
Enterprise Value = 13.2b USD (11.5b + Debt 1.71b - CCE 31.4m)
Interest Coverage Ratio = 10.33 (Ebit TTM 320.5m / Interest Expense TTM 31.0m)
EV/FCF = 31.63x (Enterprise Value 13.2b / FCF TTM 417.7m)
FCF Yield = 3.16% (FCF TTM 417.7m / Enterprise Value 13.2b)
FCF Margin = 56.67% (FCF TTM 417.7m / Revenue TTM 737.1m)
Net Margin = 39.70% (Net Income TTM 292.6m / Revenue TTM 737.1m)
Gross Margin = 36.05% ((Revenue TTM 737.1m - Cost of Revenue TTM 471.4m) / Revenue TTM)
Gross Margin QoQ = 15.11% (prev 43.36%)
Tobins Q-Ratio = 2.41 (Enterprise Value 13.2b / Total Assets 5.49b)
Interest Expense / Debt = 1.82% (Interest Expense 31.0m / Debt 1.71b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 253.2m (EBIT 320.5m * (1 - 21.00%))
Current Ratio = 1.04 (Total Current Assets 145.6m / Total Current Liabilities 140.0m)
Debt / Equity = 0.48 (Debt 1.71b / totalStockholderEquity, last quarter 3.58b)
Debt / EBITDA = 3.10 (Net Debt 1.68b / EBITDA 540.2m)
Debt / FCF = 4.01 (Net Debt 1.68b / FCF TTM 417.7m)
Total Stockholder Equity = 3.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.52% (Net Income 292.6m / Total Assets 5.49b)
RoE = 8.37% (Net Income TTM 292.6m / Total Stockholder Equity 3.50b)
RoCE = 6.27% (EBIT 320.5m / Capital Employed (Equity 3.50b + L.T.Debt 1.61b))
RoIC = 4.64% (NOPAT 253.2m / Invested Capital 5.46b)
WACC = 6.55% (E(11.5b)/V(13.2b) * Re(7.31%) + D(1.71b)/V(13.2b) * Rd(1.82%) * (1-Tc(0.21)))
Discount Rate = 7.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 5.99%
[DCF] Terminal Value 77.68% ; FCFF base≈398.3m ; Y1≈449.5m ; Y5≈635.3m
[DCF] Fair Price = 147.3 (EV 9.60b - Net Debt 1.68b = Equity 7.92b / Shares 53.8m; r=8.35% [WACC [floored]]; 5y FCF grow 13.16% → 2.50% )
EPS Correlation: 80.64 | EPS CAGR: 9.15% | SUE: 1.19 | # QB: 1
Revenue Correlation: 99.90 | Revenue CAGR: 12.73% | SUE: 0.11 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.30 | Chg30d=+0.16% | Revisions=+57% | Analysts=7
EPS next Quarter (2026-09-30): EPS=1.34 | Chg30d=+0.94% | Revisions=+57% | Analysts=7
EPS current Year (2026-12-31): EPS=5.39 | Chg30d=+3.86% | Revisions=+25% | GrowthEPS=+10.7% | GrowthRev=+8.7%
EPS next Year (2027-12-31): EPS=5.51 | Chg30d=-0.14% | Revisions=+57% | GrowthEPS=+2.3% | GrowthRev=+8.6%
[Analyst] Revisions Ratio: +81% (up=13, down=0)