
EGP · NYSE
EastGroup Properties, Inc.
$193.86 -0.06 (-0.03%)
Company 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.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Exchange
- NYSE
- Market cap
- $10.4B
- Employees
- 101
- Headquarters
- Ridgeland, MS
- Website
- eastgroup.net
- CEO
- Marshall A. Loeb
- Listed
- October 21, 1983
- P/E
- 35.18
- Dividend yield
- 3.24%
Company financials
- Revenue
- $737M
- Gross profit
- $266M
- Operating income
- $297M
- EBITDA
- $540M
- Net income
- $293M
- EPS
- $5.51
- Total assets
- $5.5B
- Total debt
- $1.7B
- Gross margin
- 36.05%
- Net margin
- 39.70%
- Earnings yield
- 2.84%
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