EGP Stock Analysis: EastGroup Properties | NYSE
REIT - Industrial | NYSE, USA | Market Cap: 10.247m USD | 12M Return: 20.4% | US2772761019 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 104M
EPS Trend: 79.0%
Qual. Beats: 0
Rev. Trend: 99.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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) focused on the development, acquisition, and operation of industrial properties in high-growth U.S. markets, with an emphasis on Texas, Florida, California, Arizona, and North Carolina. As a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, the company targets functional, flexible distribution space-primarily in the 20,000 to 100,000 square foot range-for location-sensitive customers. Its growth strategy centers on owning premier distribution facilities clustered near major transportation features in supply-constrained submarkets.
The companys portfolio, including development projects and value-add acquisitions in lease-up and under construction, totals approximately 66.5 million square feet. Headquartered in Ridgeland, Mississippi, and incorporated in 1969, EastGroup is classified under the GICS Industrial REITs sub-industry within the Real Estate sector, benefiting from the broader tailwinds of e-commerce-driven demand for last-mile and regional distribution facilities. As a REIT, EastGroup is generally required to distribute a substantial portion of its taxable income to shareholders, making dividend yield a key feature of its investment profile.
- Sun Belt industrial demand drives rent growth and occupancy
- Development pipeline expansion fuels FFO and AFFO growth
- Interest rate shifts pressure cap rates and valuation multiples
| Net Income: 304.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.65 > 1.0 |
| NWC/Revenue: 2.86% < 20% (prev -11.66%; Δ 14.52% < -1%) |
| CFO/TA 0.09 > 3% & CFO 505.6m > Net Income 304.8m |
| Net Debt (1.67b) to EBITDA (557.8m): 3.00 < 3 |
| Current Ratio: 1.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.8m) vs 12m ago 2.29% < -2% |
| Gross Margin: 44.17% > 18% (prev 65.18%; Δ -21.02% > 0.5%) |
| Asset Turnover: 14.06% > 50% (prev 13.04%; Δ 1.02% > 0%) |
| Interest Coverage Ratio: 10.35 > 6 (EBIT TTM 334.7m / Interest Expense TTM 32.3m) |
| A: 0.00 (Total Current Assets 161.5m - Total Current Liabilities 140.0m) / Total Assets 5.52b |
| B: -0.08 (Retained Earnings -455.9m / Total Assets 5.52b) |
| C: 0.06 (EBIT TTM 334.7m / Avg Total Assets 5.36b) |
| D: 1.84 (Book Value of Equity 3.57b / Total Liabilities 1.95b) |
| Altman-Z'' = 2.10 = BBB |
| DSRI: 1.03 (Receivables 115.2m/100.8m, Revenue 753.2m/676.9m) |
| GMI: 1.48 (GM 65.18% / 44.17%) |
| AQI: 1.00 (AQ_t 0.97 / AQ_t-1 0.97) |
| SGI: 1.11 (Revenue 753.2m / 676.9m) |
| TATA: -0.04 (NI 304.8m - CFO 505.6m) / TA 5.52b) |
| Beneish M = -2.50 (Cap -4..+1) = BBB |
As of October 14, 2026, the stock is trading at USD 196.57 with a total of 417,304 shares traded. Over the past week, the price has changed by +1.92%, over one month by +0.36%, over three months by -6.04% and over the past year by +20.35%.
Current recommended Stop Loss: 192.10 (which is 2.3% or 1.4 ATR below the current price).
EastGroup Properties has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy EGP.
- StrongBuy: 10
- Buy: 5
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 227.9 | 15.9% |
P/E Trailing = 33.9661
P/E Forward = 42.0168
P/S = 13.6361
P/B = 3.0474
P/EG = 8.416
Revenue TTM = 753.2m USD
EBIT TTM = 334.7m USD
EBITDA TTM = 557.8m 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 38.2m
Net Debt = 1.67b USD (calculated: Debt 1.71b - CCE 33.4m)
Enterprise Value = 11.9b USD (10.2b + Debt 1.71b - CCE 33.4m)
Interest Coverage Ratio = 10.35 (Ebit TTM 334.7m / Interest Expense TTM 32.3m)
EV/FCF = 31.85x (Enterprise Value 11.9b / FCF TTM 374.2m)
FCF Yield = 3.14% (FCF TTM 374.2m / Enterprise Value 11.9b)
FCF Margin = 49.69% (FCF TTM 374.2m / Revenue TTM 753.2m)
Net Margin = 40.47% (Net Income TTM 304.8m / Revenue TTM 753.2m)
Gross Margin = 44.17% ((Revenue TTM 753.2m - Cost of Revenue TTM 420.5m) / Revenue TTM)
Gross Margin QoQ = 73.78% (prev 15.11%)
Tobins Q-Ratio = 2.16 (Enterprise Value 11.9b / Total Assets 5.52b)
Interest Expense / Debt = 1.89% (Interest Expense 32.3m / Debt 1.71b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 264.4m (EBIT 334.7m * (1 - 21.00%))
Current Ratio = 1.15 (Total Current Assets 161.5m / Total Current Liabilities 140.0m)
Debt / Equity = 0.48 (Debt 1.71b / totalStockholderEquity, last quarter 3.57b)
Debt / EBITDA = 3.00 (Net Debt 1.67b / EBITDA 557.8m)
Debt / FCF = 4.47 (Net Debt 1.67b / FCF TTM 374.2m)
Total Stockholder Equity = 3.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.69% (Net Income 304.8m / Total Assets 5.52b)
RoE = 8.61% (Net Income TTM 304.8m / Total Stockholder Equity 3.54b)
RoCE = 6.50% (EBIT 334.7m / Capital Employed (Equity 3.54b + L.T.Debt 1.61b))
RoIC = 4.82% (NOPAT 264.4m / Invested Capital 5.49b)
WACC = 6.28% (E(10.2b)/V(12.0b) * Re(7.08%) + D(1.71b)/V(12.0b) * Rd(1.89%) * (1-Tc(0.21)))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.87 | Cagr: 5.22%
[DCF] Terminal Value 75.04% ; FCFF base≈378.7m ; Y1≈371.0m ; Y5≈374.1m
[DCF] Fair Price = 77.67 (EV 5.85b - Net Debt 1.67b = Equity 4.18b / Shares 53.8m; r=8.35% [WACC [floored]]; 5y FCF grow -2.92% → 2.50% )
EPS Correlation: 78.95 | EPS CAGR: 10.10% | SUE: -0.27 | # QB: 0
Revenue Correlation: 99.90 | Revenue CAGR: 12.32% | SUE: -0.23 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.34 | Chg30d=-2.14% | Revisions=+57% | Analysts=6
EPS current Year (2026-12-31): EPS=5.29 | Chg30d=-5.60% | Revisions=+40% | GrowthEPS=+8.6% | GrowthRev=+8.8%
EPS next Year (2027-12-31): EPS=5.56 | Chg30d=+0.09% | Revisions=+38% | GrowthEPS=+5.1% | GrowthRev=+8.6%
[Analyst] Revisions Ratio: +64% (up=10, down=1)