Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy EastGroup Properties stock | $158.08

Learn how to easily invest in EastGroup Properties stock.

EastGroup Properties, Inc is a reit-industrial business based in the US. EastGroup Properties shares (EGP) are listed on the NYSE and all prices are listed in US Dollars. EastGroup Properties employs 79 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in EastGroup Properties

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – EGP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

EastGroup Properties stock price (NYSE: EGP)

Use our graph to track the performance of EGP stocks over time.

EastGroup Properties shares at a glance

Information last updated 2021-07-29.
Latest market close$158.08
52-week range$122.70 - $178.65
50-day moving average $169.95
200-day moving average $153.02
Wall St. target price$159.46
PE ratio 59.9624
Dividend yield $3.16 (1.8%)
Earnings per share (TTM) $2.93

Buy EastGroup Properties shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
Robinhood
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Public
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
Webull
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Moomoo
Stocks, Options, ETFs
$0
$0 per year
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy EastGroup Properties stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

EastGroup Properties price performance over time

Historical closes compared with the close of $158.08 from 2021-05-28

1 week (2021-07-25) N/A
1 month (2021-07-02) -4.33%
3 months (2021-05-05) 3.80%
6 months (2021-02-01) N/A
1 year (2020-08-01) N/A
2 years (2019-08-01) N/A
3 years (2018-08-01) N/A
5 years (2016-08-01) N/A

Is EastGroup Properties under- or over-valued?

Valuing EastGroup Properties stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of EastGroup Properties's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

EastGroup Properties's P/E ratio

EastGroup Properties's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 60x. In other words, EastGroup Properties shares trade at around 60x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

EastGroup Properties's PEG ratio

EastGroup Properties's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.78. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into EastGroup Properties's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

EastGroup Properties's EBITDA

EastGroup Properties's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $241.8 million.

The EBITDA is a measure of a EastGroup Properties's overall financial performance and is widely used to measure a its profitability.

EastGroup Properties financials

Revenue TTM $382.2 million
Operating margin TTM 35.61%
Gross profit TTM $259.7 million
Return on assets TTM 3.11%
Return on equity TTM 9%
Profit margin 30.48%
Book value $34.06
Market capitalisation $7.1 billion

TTM: trailing 12 months

Shorting EastGroup Properties shares

There are currently 713,811 EastGroup Properties shares held short by investors – that's known as EastGroup Properties's "short interest". This figure is 0.3% down from 716,168 last month.

There are a few different ways that this level of interest in shorting EastGroup Properties shares can be evaluated.

EastGroup Properties's "short interest ratio" (SIR)

EastGroup Properties's "short interest ratio" (SIR) is the quantity of EastGroup Properties shares currently shorted divided by the average quantity of EastGroup Properties shares traded daily (recently around 178900). EastGroup Properties's SIR currently stands at 3.99. In other words for every 100,000 EastGroup Properties shares traded daily on the market, roughly 3990 shares are currently held short.

However EastGroup Properties's short interest can also be evaluated against the total number of EastGroup Properties shares, or, against the total number of tradable EastGroup Properties shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case EastGroup Properties's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 EastGroup Properties shares in existence, roughly 20 shares are currently held short) or 0.018% of the tradable shares (for every 100,000 tradable EastGroup Properties shares, roughly 18 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against EastGroup Properties.

Find out more about how you can short EastGroup Properties stock.

EastGroup Properties share dividends

51%

Dividend payout ratio: 50.92% of net profits

Recently EastGroup Properties has paid out, on average, around 50.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.8% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), EastGroup Properties shareholders could enjoy a 1.8% return on their shares, in the form of dividend payments. In EastGroup Properties's case, that would currently equate to about $3.16 per share.

EastGroup Properties's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

EastGroup Properties's most recent dividend payout was on 14 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").

Have EastGroup Properties's shares ever split?

EastGroup Properties's shares were split on a 3:2 basis on 7 April 1997. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your EastGroup Properties shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for EastGroup Properties shares which in turn could have impacted EastGroup Properties's share price.

EastGroup Properties share price volatility

Over the last 12 months, EastGroup Properties's shares have ranged in value from as little as $122.7026 up to $178.65. A popular way to gauge a stock's volatility is its "beta".

EGP.US volatility(beta: 0.73)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while EastGroup Properties's is 0.7312. This would suggest that EastGroup Properties's shares are less volatile than average (for this exchange).

EastGroup Properties overview

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45. 8 million square feet. .

Frequently asked questions

What percentage of EastGroup Properties is owned by insiders or institutions?
Currently 1.96% of EastGroup Properties shares are held by insiders and 94.409% by institutions.
How many people work for EastGroup Properties?
Latest data suggests 79 work at EastGroup Properties.
When does the fiscal year end for EastGroup Properties?
EastGroup Properties's fiscal year ends in December.
Where is EastGroup Properties based?
EastGroup Properties's address is: 400 West Parkway Place, Ridgeland, MS, United States, 39157
What is EastGroup Properties's ISIN number?
EastGroup Properties's international securities identification number is: US2772761019
What is EastGroup Properties's CUSIP number?
EastGroup Properties's Committee on Uniform Securities Identification Procedures number is: 277270104

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site