EastGroup Properties, Inc. (EGP)

USD 161.2

(-3.89%)

Market Cap (In USD)

7.98 Billion

Revenue (In USD)

570.59 Million

Net Income (In USD)

200.49 Million

Avg. Volume

312.64 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
155.23-192.61
PE
-
EPS
-
Beta Value
1.013
ISIN
US2772761019
CUSIP
277276101
CIK
49600
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Industrial
CEO
Mr. Marshall A. Loeb
Employee Count
-
Website
https://www.eastgroup.net
Ipo Date
1983-10-21
Details
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.