Last update at 2025-01-21T14:59:00Z
CIO or EGP: Which Is the Better Value Stock Right Now?
Wed 08 Jan 25, 04:40 PMEastGroup Properties Announces Fourth Quarter 2024 Earnings Conference Call and Webcast
Tue 07 Jan 25, 10:07 PMEastGroup Boosts Portfolio With Acquisitions in Existing Submarkets
Thu 02 Jan 25, 04:13 PMEastGroup Properties upgraded to Buy from Hold at Jefferies
Thu 02 Jan 25, 03:06 PMEastGroup price target lowered to $183 from $186 at RBC Capital
Thu 02 Jan 25, 02:25 PMEastGroup Properties Announces Recent Business Activity
Mon 30 Dec 24, 09:05 PMCIO vs. EGP: Which Stock Is the Better Value Option?
Mon 23 Dec 24, 04:40 PMIf You Invested $10,000 In EastGroup Properties Stock 10 Years Ago, How Much Would You Have Now?
Mon 23 Dec 24, 01:00 PMPINE vs. EGP: Which Stock Is the Better Value Option?
Thu 05 Dec 24, 04:40 PMEastGroup Properties Announces 180th Consecutive Quarterly Cash Dividend
Mon 02 Dec 24, 06:25 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 186.27M | 157.64M | 108.39M | 123.34M | 88.64M |
Minority interest | -0.09200M | -0.08100M | -0.02800M | -1.67800M | -0.13000M |
Net income | 186.18M | 123.78M | 73.49M | 87.04M | 88.51M |
Selling general administrative | 16.91M | 16.40M | 15.06M | 16.82M | 13.74M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 353.11M | 294.40M | 259.65M | 238.11M | 214.00M |
Reconciled depreciation | 153.64M | 127.10M | 116.36M | 104.72M | 91.70M |
Ebit | 183.77M | 151.72M | 129.17M | 116.73M | 109.47M |
Ebitda | 337.41M | 278.82M | 245.53M | 221.46M | 201.17M |
Depreciation and amortization | 153.64M | 127.10M | 116.36M | 104.72M | 91.70M |
Non operating income net other | 41.00M | 38.86M | 13.14M | 41.07M | 14.27M |
Operating income | 183.77M | 151.72M | 129.17M | 116.73M | 108.56M |
Other operating expenses | 304.46M | 258.58M | 234.79M | 214.81M | 191.84M |
Interest expense | 38.50M | 32.95M | 33.93M | 34.46M | 35.11M |
Tax provision | - | - | - | - | - |
Interest income | 38.50M | 32.95M | 33.93M | 34.46M | 35.11M |
Net interest income | -38.49900M | -32.94500M | -33.92700M | -34.46300M | -35.10600M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | -40.90700M | 33.86M | 34.90M | 36.30M | 34.06M |
Total revenue | 487.02M | 409.48M | 363.02M | 331.39M | 300.39M |
Total operating expenses | 170.55M | 143.50M | 131.42M | 121.54M | 105.44M |
Cost of revenue | 133.91M | 115.08M | 103.37M | 93.27M | 86.39M |
Total other income expense net | 2.50M | 5.91M | -20.78200M | 6.61M | 15.19M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 186.27M | 157.64M | 644.89M | 123.34M | 87.72M |
Net income applicable to common shares | 186.18M | 157.56M | 108.36M | 121.66M | 88.51M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 4035.84M | 3215.34M | 2720.80M | 2546.08M | 2131.70M |
Intangible assets | 21.15M | 18.90M | 15.15M | 17.63M | 12.43M |
Earning assets | - | - | - | - | - |
Other current assets | 18.99M | 16.75M | 22.49M | 18.55M | 8.27M |
Total liab | 2082.40M | 1643.88M | 1450.29M | 1343.75M | 1227.00M |
Total stockholder equity | 1953.00M | 1570.07M | 1269.64M | 1200.56M | 903.06M |
Deferred long term liab | 92.02M | 74.58M | 18.20M | 54.23M | 48.80M |
Other current liab | 125.98M | 99.18M | 69.57M | 78.17M | 75.84M |
Common stock | 0.00400M | 0.00400M | 0.00400M | 0.00400M | 0.00400M |
Capital stock | 0.00400M | 0.00400M | 0.00400M | 0.00400M | 0.00400M |
Retained earnings | -334.89800M | -318.05600M | -329.66700M | -316.30200M | -326.19300M |
Other liab | 59.64M | 56.47M | 69.82M | 54.26M | 34.65M |
Good will | 0.99M | 0.99M | 0.99M | 0.99M | 0.99M |
Other assets | 68.92M | 3.20M | 2720.78M | 55.91M | 51.39M |
Cash | 0.06M | 4.39M | 0.02M | 0.22M | 0.37M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 322.45M | 333.23M | 208.46M | 203.42M | 293.22M |
Current deferred revenue | 17.00M | 16.40M | 14.69M | 13.86M | 12.73M |
Net debt | 1883.73M | 1472.32M | 1324.24M | 1182.38M | 1105.41M |
Short term debt | 168.45M | 207.07M | 124.19M | 111.39M | 193.93M |
Short long term debt | 168.45M | 4.84M | 5.18M | 25.77M | 15.05M |
Short long term debt total | 1883.79M | 1476.71M | 1324.26M | 1182.60M | 1105.79M |
Other stockholder equity | 2251.52M | 1886.82M | 1610.05M | 1514.06M | 1222.55M |
Property plant equipment | 3783.61M | 3015.71M | 2563.76M | 2393.43M | 2002.23M |
Total current assets | 76.64M | 93.62M | 73.79M | 0.22M | 50.09M |
Long term investments | 7.23M | 13.02M | 7.45M | 7.80M | 7.87M |
Net tangible assets | 1953.00M | 1401.56M | 1269.64M | 1200.56M | 903.06M |
Short term investments | 7.23M | 0.00732M | - | - | - |
Net receivables | 71.38M | 66.78M | 51.28M | 45.95M | 41.45M |
Long term debt | 1861.74M | 1451.78M | 1310.89M | 1182.60M | 1105.79M |
Inventory | 0.00000M | 5.70M | - | - | - |
Accounts payable | 11.01M | 10.58M | 69.57M | 92.02M | 10.72M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 0.44M | 1.39M | 0.88M | 1.76M | 1.64M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 36.37M | 1.30M | -10.75200M | 2.81M | 6.70M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 0.00400M | 0.00400M | 0.00400M | 0.00400M | 0.00400M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | -334.89800M | -318.05600M | -329.66700M | -316.30200M | -326.19300M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 3927.77M | 3092.52M | 57.54M | 144.62M | 2060.32M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 3959.19M | 3121.72M | 2647.01M | 2545.85M | 2081.61M |
Capital lease obligations | 22.05M | 24.93M | 13.37M | 18.31M | 2.86M |
Long term debt total | 1861.74M | 1451.78M | 1310.89M | 1182.60M | 1105.79M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -521.14800M | 9.03M | 1.68M | 0.92M | 1.99M |
Change to liabilities | 17.18M | 13.30M | -18.85100M | 6.51M | -2.68200M |
Total cashflows from investing activities | -521.14800M | -529.26300M | -288.25600M | -443.33700M | -241.43500M |
Net borrowings | 348.63M | 139.61M | 126.89M | 75.49M | 118.76M |
Total cash from financing activities | 200.31M | 277.14M | 91.77M | 247.28M | 77.06M |
Change to operating activities | -9.29100M | -11.57200M | -4.61500M | -5.55800M | -4.09100M |
Net income | 186.27M | 157.64M | 108.39M | 123.34M | 88.64M |
Change in cash | -4.33700M | 4.37M | -0.20300M | -0.15000M | 0.36M |
Begin period cash flow | 4.39M | 0.02M | 0.22M | 0.37M | 0.02M |
End period cash flow | 0.06M | 4.39M | 0.02M | 0.22M | 0.37M |
Total cash from operating activities | 316.50M | 256.49M | 196.28M | 195.91M | 164.73M |
Issuance of capital stock | 75.62M | 273.10M | 90.72M | 284.71M | 157.32M |
Depreciation | 153.64M | 127.10M | 116.36M | 104.72M | 91.70M |
Other cashflows from investing activities | 15.82M | 34.41M | -12.15900M | 54.52M | 17.26M |
Dividends paid | -193.93600M | -131.75900M | -119.76500M | -108.79500M | 71.29M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | 1.68M | - | - |
Sale purchase of stock | 303.68M | 800.52M | 900.39M | 1222.66M | 508.10M |
Other cashflows from financing activities | 1131.42M | -6.48500M | -7.17200M | -5.02700M | -7.06500M |
Change to netincome | -31.29600M | -29.97100M | -4.83800M | -32.92800M | 21.13M |
Capital expenditures | 536.97M | 33.30M | 277.78M | 432.04M | 237.81M |
Change receivables | - | - | - | - | - |
Cash flows other operating | -9.29100M | -11.57200M | -4.77600M | -5.73800M | -5.33600M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | -4.33700M | 4.37M | -0.20300M | -0.15000M | 0.36M |
Change in working capital | 7.88M | 1.73M | -23.46600M | 0.96M | -6.77300M |
Stock based compensation | 8.29M | 7.51M | 6.58M | 6.84M | 5.28M |
Other non cash items | -39.58800M | 1.38M | 1.57M | 1.21M | 0.24M |
Free cash flow | 316.50M | 223.19M | 196.28M | 195.91M | 164.73M |
Sector: Real Estate Industry: REIT - Industrial
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
EGP EastGroup Properties Inc |
2.50 1.55% | 163.91 | 46.77 | - | 15.49 | 3.59 | 18.56 | 26.38 |
PLD Prologis Inc |
2.96 2.70% | 112.44 | 42.17 | 52.08 | 14.75 | 2.25 | 18.70 | 23.08 |
PSA Public Storage |
4.72 1.59% | 300.79 | 27.33 | 27.32 | 11.54 | 8.95 | 14.45 | 20.02 |
PLDGP Prologis Inc |
-0.23 0.41% | 55.77 | 10.93 | - | 5.05 | - | ||
EXR Extra Space Storage Inc |
2.51 1.67% | 153.11 | 28.98 | 28.74 | 14.47 | 2.23 | 19.14 | 26.72 |
EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, 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 20,000 to 100,000 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. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 59 million square feet.
400 West Parkway Place, Ridgeland, MS, United States, 39157
Name | Title | Year Born |
---|---|---|
Mr. Marshall A. Loeb | Pres, CEO & Director | 1962 |
Mr. Brent W. Wood | Exec. VP, CFO & Treasurer | 1970 |
Mr. John F. Coleman | Exec. VP & Head of Eastern Regional | 1960 |
Mr. R. Reid Dunbar | Sr. VP & Head of Texas Region | 1976 |
Mr. Ryan M. Collins | Sr. VP & Head of Western Region | 1981 |
Ms. Staci H. Tyler CPA | Sr. VP, Chief Accounting Officer & Sec. | 1981 |
Mr. Brian Laird CPA | Chief Information Officer & VP | NA |
Ms. Wendi Powers | Investor Relations | NA |
Shelby Trusty | Director of HR | NA |
Mr. Chris Segrest | Managing Director of Florida | NA |
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