EastGroup Properties, Inc. | REIT Profile

Symbol: EGP
CIK: 49600
Exchange: NYSE
Founded: 1969 (52 years)
HQ: Jackson, MS, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Industrial
Internally Managed REIT

See EGP on Google Finance
See EGP on Yahoo Finance
See EGP on SEC.gov

Website Logo  Facebook Logo  Twitter Logo  RSS Logo 

Overall Score: 8.9

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


EastGroup Properties, Inc. Company Logo

Stock Chart

See in Advanced Graph View

Hightlights of Trading Day January 19, 2021


REIT Profile Hightlights of Trading Day

Dividend of Trading Day January 19, 2021


Dividend of Trading Day

Latest News Headlines


See more news headlines for EastGroup Properties, Inc.

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 19, 2021


Key Stats of Trading Day

Latest REIT Community Comments on #EGP


See more community comments related to EGP

Properties Owned by EGP


Properties Based on REIT's Official Presentation

Properties Types States Countries
78 1 10 1

Please visit REIT’s official webpage for the most up-to-date property list.

EGP Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website


Properties Based on Earnings Report's 10-K

Properties Based on Earnings Report's 10-K

Occupancy Rate


Occupancy Rate

REIT Simulation


REIT Simulation

Dividend History


Dividend History

Financial Statements Overview


Financial Statements Overview

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Balance Shee

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Income Statement

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Cash Flow

About EastGroup Properties, Inc.


EastGroup Properties, Inc. 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 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 in lease-up and under construction, currently includes 38.8 million square feet.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
10 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 4.3
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.0
9 Dividend to FFO Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Payout Ratios during the last four quarters. 8.9
6 Dividend to FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Payout Ratios trend during the last two years. 7.5
Rating AFFO & Efficiency Section Avg. Rating
10 FFO Trend: Analysis of the REIT’s FFO trend during the last two years. 7.9
8 FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
9 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.0
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.7
Rating Leverage Section Avg. Rating
10 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 7.8
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
10 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.6
6 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
9 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.0
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.9
Rating Properties Section Avg. Rating
9 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.4
8 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.9
7 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
10 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
6 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 4.7
8.9 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this EGP. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Ten Sky Harbor Distribution Center 3825 South 36th Street Phoenix AZ
55th Avenue Distribution Center Distribution Center 616 S 55th Ave Phoenix AZ
Chandler Freeways Distribution Center 6850 W Morelos Pl Chandler AZ

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
First Industrial Realty Trust, Inc. (FR) 8.6 NYSE Mid-Cap Industrial United States
Monmouth Real Estate Investment Corp (MNR) 7.8 NYSE Small-Cap Industrial United States
Digital Realty Trust (DLR) 9.2 NYSE Large-Cap Data Centers United States
CoreSite Reality Corporation (COR) 7.9 NYSE Mid-Cap Data Centers United States
STAG Industrial, Inc. (STAG) 8.5 NYSE Mid-Cap Industrial United States
Prologis, Inc. (PLD) 9.2 NYSE Large-Cap Industrial United States
Rexford Industrial Realty, Inc. (REXR) 9.2 NYSE Mid-Cap Industrial United States
QTS Realty Trust, Inc. (QTS) 8.5 NYSE Mid-Cap Data Centers United States

Last updated: 2021-01-20