(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 | 121.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 20.3% |
| Relative Tail Risk | 0.44% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.47 |
| Alpha | 2.16 |
| Character TTM | |
|---|---|
| Beta | 0.634 |
| Beta Downside | 0.651 |
| Drawdowns 3y | |
|---|---|
| Max DD | 22.37% |
| CAGR/Max DD | 0.33 |
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: 257.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.53 > 1.0 |
| NWC/Revenue: -23.83% < 20% (prev -6.83%; Δ -17.00% < -1%) |
| CFO/TA 0.17 > 3% & CFO 896.7m > Net Income 257.4m |
| Net Debt (1.52b) to EBITDA (494.3m): 3.07 < 3 |
| Current Ratio: 0.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.4m) vs 12m ago 6.05% < -2% |
| Gross Margin: 58.37% > 18% (prev 0.73%; Δ 5764 % > 0.5%) |
| Asset Turnover: 13.69% > 50% (prev 12.58%; Δ 1.12% > 0%) |
| Interest Coverage Ratio: 8.91 > 6 (EBITDA TTM 494.3m / Interest Expense TTM 32.1m) |
Altman Z'' -0.37
| A: -0.03 (Total Current Assets 122.0m - Total Current Liabilities 293.5m) / Total Assets 5.43b |
| B: -0.08 (Retained Earnings -459.0m / Total Assets 5.43b) |
| C: 0.05 (EBIT TTM 286.1m / Avg Total Assets 5.25b) |
| D: -0.24 (Book Value of Equity -458.9m / Total Liabilities 1.94b) |
| Altman-Z'' Score: -0.37 = B |
What is the price of EGP shares?
Over the past week, the price has changed by +5.57%, over one month by +3.49%, over three months by +8.67% and over the past year by +11.57%.
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 | 200.6 | 5.3% |
| Analysts Target Price | 200.6 | 5.3% |
| ValueRay Target Price | 205 | 7.6% |
EGP Fundamental Data Overview February 09, 2026
P/S = 14.0454
P/B = 2.8875
P/EG = 5.78
Revenue TTM = 719.6m USD
EBIT TTM = 286.1m USD
EBITDA TTM = 494.3m USD
Long Term Debt = 1.61b USD (from longTermDebt, last quarter)
Short Term Debt = 42.2m USD (from shortTermDebt, two quarters ago)
Debt = 1.52b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 1.52b USD (calculated as Total Debt 1.52b - CCE 1.01m)
Enterprise Value = 11.65b USD (10.13b + Debt 1.52b - CCE 1.01m)
Interest Coverage Ratio = 8.91 (Ebit TTM 286.1m / Interest Expense TTM 32.1m)
EV/FCF = 32.97x (Enterprise Value 11.65b / FCF TTM 353.3m)
FCF Yield = 3.03% (FCF TTM 353.3m / Enterprise Value 11.65b)
FCF Margin = 49.10% (FCF TTM 353.3m / Revenue TTM 719.6m)
Net Margin = 35.77% (Net Income TTM 257.4m / Revenue TTM 719.6m)
Gross Margin = 58.37% ((Revenue TTM 719.6m - Cost of Revenue TTM 299.6m) / Revenue TTM)
Gross Margin QoQ = 73.80% (prev 43.92%)
Tobins Q-Ratio = 2.14 (Enterprise Value 11.65b / Total Assets 5.43b)
Interest Expense / Debt = 0.57% (Interest Expense 8.71m / Debt 1.52b)
Taxrate = 21.0% (US default 21%)
NOPAT = 226.0m (EBIT 286.1m * (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 3.50b)
Debt / EBITDA = 3.07 (Net Debt 1.52b / EBITDA 494.3m)
Debt / FCF = 4.30 (Net Debt 1.52b / FCF TTM 353.3m)
Total Stockholder Equity = 3.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.90% (Net Income 257.4m / Total Assets 5.43b)
RoE = 7.48% (Net Income TTM 257.4m / Total Stockholder Equity 3.44b)
RoCE = 5.67% (EBIT 286.1m / Capital Employed (Equity 3.44b + L.T.Debt 1.61b))
RoIC = 4.63% (NOPAT 226.0m / Invested Capital 4.88b)
WACC = 7.23% (E(10.13b)/V(11.65b) * Re(8.25%) + D(1.52b)/V(11.65b) * Rd(0.57%) * (1-Tc(0.21)))
Discount Rate = 8.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.60%
[DCF Debug] Terminal Value 82.48% ; FCFF base≈354.9m ; Y1≈400.7m ; Y5≈540.6m
Fair Price DCF = 177.3 (EV 10.98b - Net Debt 1.52b = Equity 9.46b / Shares 53.3m; r=7.23% [WACC]; 5y FCF grow 15.00% → 2.90% )
EPS Correlation: 77.48 | EPS CAGR: 12.74% | SUE: -0.29 | # QB: 0
Revenue Correlation: 99.39 | Revenue CAGR: 14.46% | SUE: 0.58 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.20 | Chg30d=+0.009 | Revisions Net=+2 | Analysts=6
EPS current Year (2026-12-31): EPS=5.24 | Chg30d=+0.030 | Revisions Net=-2 | Growth EPS=+7.6% | Growth Revenue=+7.9%
EPS next Year (2027-12-31): EPS=5.57 | Chg30d=+0.055 | Revisions Net=+1 | Growth EPS=+6.3% | Growth Revenue=+9.2%