EGP Stock Analysis: EastGroup Properties | NYSE
REIT - Industrial | NYSE, USA | Market Cap: 11.510m USD | 12M Return: 35.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 90.6M
EPS Trend: 79.0%
Qual. Beats: 0
Rev. Trend: 99.9%
Qual. Beats: 0
Warnings
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: 304.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.71 > 1.0 |
| NWC/Revenue: -22.89% < 20% (prev -11.66%; Δ -11.23% < -1%) |
| CFO/TA 0.10 > 3% & CFO 536.5m > Net Income 304.8m |
| Net Debt (1.76b) to EBITDA (557.8m): 3.15 < 3 |
| Current Ratio: 0.16 > 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: -0.03 (Total Current Assets 33.4m - Total Current Liabilities 205.8m) / 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'' = 1.87 = BBB |
| DSRI: 1.03 (Receivables 115.2m/100.8m, Revenue 753.2m/676.9m) |
| GMI: 1.48 (GM 65.18% / 44.17%) |
| AQI: 0.19 (AQ_t 0.18 / AQ_t-1 0.97) |
| SGI: 1.11 (Revenue 753.2m / 676.9m) |
| TATA: -0.04 (NI 304.8m - CFO 536.5m) / TA 5.52b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at USD 210.84 with a total of 359,962 shares traded. Over the past week, the price has changed by -4.68%, over one month by +2.62%, over three months by +6.13% and over the past year by +35.26%.
Current recommended Stop Loss: 202.60 (which is 3.9% 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 | 222.3 | 5.4% |
P/E Trailing = 38.9891
P/E Forward = 42.0168
P/S = 15.3178
P/B = 3.2514
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 fiscal year)
Debt = 1.79b USD (corrected: LT Debt 1.61b + ST Debt 140.0m) + Leases 38.2m
Net Debt = 1.76b USD (calculated: Debt 1.79b - CCE 33.4m)
Enterprise Value = 13.3b USD (11.5b + Debt 1.79b - CCE 33.4m)
Interest Coverage Ratio = 10.35 (Ebit TTM 334.7m / Interest Expense TTM 32.3m)
EV/FCF = 26.29x (Enterprise Value 13.3b / FCF TTM 504.6m)
FCF Yield = 3.80% (FCF TTM 504.6m / Enterprise Value 13.3b)
FCF Margin = 67.00% (FCF TTM 504.6m / 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 = 2.40 (Enterprise Value 13.3b / Total Assets 5.52b)
Interest Expense / Debt = 1.81% (Interest Expense 32.3m / Debt 1.79b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 264.4m (EBIT 334.7m * (1 - 21.00%))
Current Ratio = 0.16 (Total Current Assets 33.4m / Total Current Liabilities 205.8m)
Debt / Equity = 0.50 (Debt 1.79b / totalStockholderEquity, last quarter 3.57b)
Debt / EBITDA = 3.15 (Net Debt 1.76b / EBITDA 557.8m)
Debt / FCF = 3.48 (Net Debt 1.76b / FCF TTM 504.6m)
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 = 5.01% (NOPAT 264.4m / Invested Capital 5.28b)
WACC = 6.56% (E(11.5b)/V(13.3b) * Re(7.36%) + D(1.79b)/V(13.3b) * Rd(1.81%) * (1-Tc(0.21)))
Discount Rate = 7.36% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.87 | Cagr: 5.22%
[DCF] Terminal Value 77.97% ; FCFF base≈457.0m ; Y1≈523.8m ; Y5≈771.0m
[DCF] Fair Price = 183.1 (EV 11.6b - Net Debt 1.76b = Equity 9.85b / Shares 53.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 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=+0.11% | Revisions=+57% | Analysts=7
EPS current Year (2026-12-31): EPS=5.39 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+10.7% | GrowthRev=+8.7%
EPS next Year (2027-12-31): EPS=5.52 | Chg30d=+0.15% | Revisions=+57% | GrowthEPS=+2.5% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: +75% (up=9, down=0)