Key Details
Price
$173.38Last Dividend
$1.40TTM Dividend Yield
3.08%PE Ratio
35.82Annual ROE
8.79%Beta
0.67Events Calendar
Next earnings date:
Feb 6, 2025Recent quarterly earnings:
Oct 23, 2024Recent annual earnings:
Feb 6, 2025Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 31, 2024Next split:
N/ARecent split:
Apr 8, 1997Analyst ratings
Recent major analysts updates
Market Data
Price
Market cap
Technical
Dividend
Events
Dividend per share
Dividend yield
Other
Profitability
Revenue
Profit
EPS
ROA & ROE
EBIT & EBITDA
Valuation
PE Ratio
PB Ratio
PS Ratio
Enterprise value
EV/EBITDA
Financial Health
Liquidity
Leverage
Risk & Stability
Balance Sheet
Assets
Equity
Liabilities
Debt
Expenses
Cash Flow
Cashflow Activities
Free CashFlow
CAPEX
Institutional Ownership
On January 27, 2025, EastGroup Properties, Inc. (NYSE: EGP) shared information about how its 2024 distributions will be taxed. The company provided details regarding the income tax implications of these distributions.
EastGroup Properties is currently at a 52-week low, making it an attractive option for investors looking for long-term income and growth. The company targets high-demand areas in the Sunbelt region with multi-tenant Shallow Bay properties, which helps ensure stability and growth. It has shown steady growth in funds from operations (FFO), maintains high occupancy levels, and has a solid financial position with low debt, which supports its 3.6% dividend yield.
EastGroup Properties Inc. (EGP) is a real estate investment trust that focuses on industrial properties and has a strong track record of paying and increasing dividends. Their recent purchases and high occupancy levels show that they are effectively managing and growing the business, which helps to increase value for shareholders. Even though the stock price has dropped recently, EGP's past performance and the possibility of a recovery in a lower interest rate environment suggest it could be a good long-term investment.
JACKSON, Miss., Jan. 7, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) has announced that it will host its Fourth Quarter Earnings Conference Call and Webcast on Friday, February 7, 2025, at 11:00 a.m.
EPG is still on a buying spree, which helps it solidify its position in the current submarkets.
I am hopeful for 2025, anticipating a revival of REITs due to corporate tax cuts, tariffs, and less regulation from President Trump's new administration. The tax cuts will encourage businesses to grow, which will help REIT tenants and improve the quality of rents, even though REITs are pass-through entities. Additionally, Trump's tariffs may result in more investments in the U.S., which would be advantageous for REITs that lease space to companies constructing new factories and warehouses.
On December 30, 2024, EastGroup Properties, Inc. (NYSE: EGP) shared updates about its recent business activities. The company is often referred to as "we," "us," or "EastGroup."
On December 2, 2024, EastGroup Properties (NYSE: EGP) announced that its Board of Directors has approved a quarterly cash dividend of $1.40 per share. This dividend will be paid on January 15, 2025, to shareholders who own Common Stock as of December 31, 2024.
One of the benefits of investing in dividend stocks is that they are usually affordable, which makes it simple for beginners to start. Additionally, you can regularly purchase more shares when you have extra money to invest, helping you to gradually increase your dividend earnings.
EGP's growth plans in the booming Sunbelt area and shallow bay industrial market match the larger trends seen in the industrial real estate sector.
FAQ
- What is the ticker symbol for EastGroup Properties?
- Does EastGroup Properties pay dividends?
- What sector is EastGroup Properties in?
- What industry is EastGroup Properties in?
- What country is EastGroup Properties based in?
- When did EastGroup Properties go public?
- Is EastGroup Properties in the S&P 500?
- Is EastGroup Properties in the NASDAQ 100?
- Is EastGroup Properties in the Dow Jones?
- When was EastGroup Properties's last earnings report?
- When does EastGroup Properties report earnings?
- Should I buy EastGroup Properties stock now?