XNYSEGP
Market cap7.86bUSD
Jan 08, Last price
158.71USD
1D
-0.28%
1Q
-9.78%
Jan 2017
114.94%
Name
Eastgroup Properties Inc
Chart & Performance
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 570,591 17.16% | 487,025 18.94% | |||||||
Cost of revenue | 171,369 | 150,823 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 399,222 | 336,202 | |||||||
NOPBT Margin | 69.97% | 69.03% | |||||||
Operating Taxes | (40,907) | ||||||||
Tax Rate | |||||||||
NOPAT | 399,222 | 377,109 | |||||||
Net income | 200,491 7.69% | 186,182 50.41% | |||||||
Dividends | (225,625) | (193,936) | |||||||
Dividend yield | 2.71% | 3.07% | |||||||
Proceeds from repurchase of equity | 692,312 | 75,375 | |||||||
BB yield | -8.32% | -1.19% | |||||||
Debt | |||||||||
Debt current | 1,496 | 168,454 | |||||||
Long-term debt | 1,546,611 | 1,737,380 | |||||||
Deferred revenue | 17,004 | ||||||||
Other long-term liabilities | 65,297 | 44,617 | |||||||
Net debt | 1,500,305 | 1,898,548 | |||||||
Cash flow | |||||||||
Cash from operating activities | 338,202 | 316,501 | |||||||
CAPEX | (40,851) | ||||||||
Cash from investing activities | (570,058) | (521,148) | |||||||
Cash from financing activities | 272,063 | 200,310 | |||||||
FCF | 383,422 | 536,844 | |||||||
Balance | |||||||||
Cash | 40,263 | 56 | |||||||
Long term investments | 7,539 | 7,230 | |||||||
Excess cash | 19,272 | ||||||||
Stockholders' equity | (341,273) | (298,082) | |||||||
Invested Capital | 4,541,671 | 4,190,108 | |||||||
ROIC | 9.14% | 9.92% | |||||||
ROCE | 9.50% | 8.68% | |||||||
EV | |||||||||
Common stock shares outstanding | 45,331 | 42,712 | |||||||
Price | 183.54 23.96% | 148.06 -35.02% | |||||||
Market cap | 8,320,052 31.56% | 6,323,939 -31.26% | |||||||
EV | 9,820,664 | 8,222,928 | |||||||
EBITDA | 570,300 | 489,840 | |||||||
EV/EBITDA | 17.22 | 16.79 | |||||||
Interest | 45,048 | 38,499 | |||||||
Interest/NOPBT | 11.28% | 11.45% |