EastGroup Properties (EGP) Stock Analysis
This is a peer-relative look at EastGroup Properties (EGP): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Equity Real Estate Investment Trusts (REITs) peers, so every number reads in context rather than in isolation.
Company Profile
EastGroup Properties (EGP) is a REIT, a distribution-oriented structure — read its payout ratio and P/E alongside FFO (funds from operations) rather than at face value.
| Profile Item | EGP |
|---|---|
| Name | EastGroup Properties, Inc. |
| Country/Region | United States |
| GICS Sector | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Industrial REITs |
| GICS Sub-Industry | Industrial REITs |
| Market Capitalization | 10.42 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | February 21, 1973 |
| Security Type | REIT |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| Total Return (1Y) | 15.75% | 12.32% |
| Total Return (3Y, Annualized) | 9.55% | 12.70% |
| Total Return (5Y, Annualized) | 3.20% | 0.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 17.70% | 23.60% |
| Beta (5Y) | 0.94 | 0.93 |
| Max Drawdown (5Y) | -38.08% | -42.02% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 0.65 | 0.37 |
| Sortino Ratio (1Y) | 0.98 | 0.55 |
Profitability
ROE (TTM)
EastGroup Properties (EGP) posts ROE of 8.93%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
EGP
Equity Real Estate Investment Trusts (REITs) industry group
8.93%
Group distribution
- Max
- 22.74%
- Q3
- 10.54%
- EGP
- 8.93%
- Median
- 6.38%
- Q1
- 1.69%
- Min
- -10.86%
Largest peers
- SPG
- 129.35%
- AMT
- 32.96%
- EQIX
- 11.45%
- EGP
- 8.93%
- PLD
- 7.71%
- WELL
- 3.92%
- DLR
- 3.34%
Net Margin (TTM)
net margin is set aside for EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs): heavy depreciation can make net income a poor proxy for cash profitability, so FFO-based measures usually carry the read.
Operating Margin (TTM)
operating margin is set aside for EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs): the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.
Profitability Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| ROE (TTM) | 8.93% | 6.38% |
| ROA (TTM) | 3.51% | 2.44% |
| Net Margin (TTM) | -- | -- |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
EastGroup Properties (EGP) grew revenue 12.67%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.
EPS Growth
EPS growth is not assessed for EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs): under this industry convention, per-share earnings need a different yardstick.
Growth Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 12.67% | 5.25% |
| Revenue Growth (3Y CAGR) | 13.99% | 5.09% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
EastGroup Properties (EGP) has current ratio of 0.62, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
EGP
Equity Real Estate Investment Trusts (REITs) industry group
0.62
Group distribution
- Max
- 4.19
- Q3
- 2.11
- Median
- 1.31
- EGP
- 0.62
- Q1
- 0.62
- Min
- 0.06
Largest peers
- WELL
- 1.66
- EQIX
- 1.04
- PLD
- 0.73
- EGP
- 0.62
- DLR
- 0.58
- SPG
- 0.39
- AMT
- 0.35
Debt / Equity (MRQ)
EastGroup Properties (EGP) has debt-to-equity ratio of 0.52, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
EGP
Equity Real Estate Investment Trusts (REITs) industry group
0.52
Group distribution
- Max
- 2.72
- Q3
- 1.59
- Median
- 0.99
- Q1
- 0.72
- EGP
- 0.52
- Min
- 0.20
Largest peers
- SPG
- 5.67
- AMT
- 4.64
- EQIX
- 1.81
- DLR
- 0.69
- PLD
- 0.62
- EGP
- 0.52
- WELL
- 0.42
Financial Strength Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 0.62 | 1.31 |
| Debt / Equity (MRQ) | 0.52 | 0.99 |
| Net Debt / EBITDA | 3.63 | 5.82 |
Dividends
Dividend Yield (TTM)
EastGroup Properties (EGP) has dividend yield of 3.30%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
EGP
Equity Real Estate Investment Trusts (REITs) industry group
3.30%
Group distribution
- Max
- 8.62%
- Q3
- 5.95%
- Median
- 4.34%
- EGP
- 3.30%
- Q1
- 3.26%
- Min
- 0.00%
Largest peers
- AMT
- 3.64%
- EGP
- 3.30%
- PLD
- 3.28%
- DLR
- 2.79%
- EQIX
- 2.02%
- WELL
- 1.30%
- SPG
- 0.97%
Dividend Payout Ratio (TTM)
payout ratio is not assessed for EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs): distributions in this industry are better read against FFO or cash-flow measures than accounting earnings.
Dividend Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 3.30% | 4.34% |
| Dividend Payout Ratio (TTM) | -- | -- |
Valuation
P/E Ratio (TTM)
P/E ratio is not assessed for EastGroup Properties (EGP) in Equity Real Estate Investment Trusts (REITs): depreciation can depress accounting earnings in this industry, so price-to-FFO is the more relevant valuation yardstick.
P/S Ratio (TTM)
EastGroup Properties (EGP) trades at 13.56 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.
EGP
Equity Real Estate Investment Trusts (REITs) industry group
13.56
Group distribution
- Max
- 14.47
- EGP
- 13.56
- Q3
- 8.02
- Median
- 5.98
- Q1
- 3.27
- Min
- 0.43
Largest peers
- EGP
- 13.56
- WELL
- 13.03
- PLD
- 12.48
- SPG
- 12.09
- EQIX
- 9.88
- DLR
- 9.47
- AMT
- 7.95
P/B Ratio (MRQ)
EastGroup Properties (EGP) trades at 2.91 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.
EGP
Equity Real Estate Investment Trusts (REITs) industry group
2.91
Group distribution
- Max
- 4.06
- EGP
- 2.91
- Q3
- 2.53
- Median
- 1.64
- Q1
- 1.06
- Min
- 0.21
Largest peers
- AMT
- 24.92
- SPG
- 19.38
- EQIX
- 6.90
- WELL
- 3.69
- EGP
- 2.91
- DLR
- 2.39
- PLD
- 2.16
Valuation Metrics
| Metric | Current stock: EGP | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 13.56 | 5.98 |
| P/B Ratio (MRQ) | 2.91 | 1.64 |
| Free Cash Flow Yield (TTM) | -- | -- |