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 Properties logo](/files/LOGO/49600-EGP.png)
Company profile
Ticker
EGP
Exchange
Website
CEO
Marshall Loeb
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
EASTGROUP PROPERTIES, EASTGROUP PROPERTIES II INC
SEC CIK
Corporate docs
Subsidiaries
EastGroup Properties General Partners, Inc. • EastGroup Properties Holdings, Inc. • EastGroup TRS, Inc. • EastGroup Properties, LP • EastGroup Property Services, LLC • EastGroup Property Services of Florida, LLC • EastGroup Kearn Creek, LLC • EGP Yosemite Land, LLC • Miramar Industrial, LLC • Otay Enrico Industial, LLC ...
IRS number
132711135
EGP stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
24 Jul 24
8-K
Second Quarter 2024 Highlights
23 Jul 24
8-K
Entry into a Material Definitive Agreement
13 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
28 May 24
10-Q
2024 Q1
Quarterly report
24 Apr 24
8-K
First Quarter 2024 Highlights
23 Apr 24
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
10-K
2023 FY
Annual report
14 Feb 24
Transcripts
EGP
Earnings call transcript
2024 Q2
24 Jul 24
EGP
Earnings call transcript
2024 Q1
24 Apr 24
EGP
Earnings call transcript
2023 Q4
8 Feb 24
EGP
Earnings call transcript
2023 Q3
25 Oct 23
EGP
Earnings call transcript
2023 Q2
26 Jul 23
EGP
Earnings call transcript
2023 Q2
26 Jul 23
EGP
Earnings call transcript
2023 Q1
26 Apr 23
EGP
Earnings call transcript
2022 Q4
8 Feb 23
EGP
Earnings call transcript
2022 Q3
27 Oct 22
EGP
Earnings call transcript
2022 Q2
27 Jul 22
Latest ownership filings
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Institutional ownership, Q1 2024
87.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 406 |
Opened positions | 121 |
Closed positions | 41 |
Increased positions | 119 |
Reduced positions | 103 |
13F shares | Current |
---|---|
Total value | 6.66 tn |
Total shares | 42.66 mm |
Total puts | 900.00 |
Total calls | 10.20 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.86 mm | $1.23 tn |
BLK Blackrock | 5.48 mm | $985.99 bn |
STT State Street | 2.39 mm | $431.85 bn |
T. Rowe Price Investment Management | 1.85 mm | $332.55 mm |
MS Morgan Stanley | 1.59 mm | $286.52 bn |
Nuveen Asset Management | 1.09 mm | $196.62 bn |
JPM JPMorgan Chase & Co. | 1.01 mm | $181.24 bn |
T. Rowe Price | 975.45 k | $175.36 mm |
Boston Partners | 953.74 k | $171.40 bn |
Deutsche Bank AG - Registered Shares | 936.54 k | $168.36 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 May 24 | Colleran Donald F | Common Stock | Grant | Acquire A | No | No | 0 | 840 | 0.00 | 6,442 |
31 May 24 | Bolton H Eric JR | Common Stock | Grant | Acquire A | No | No | 0 | 840 | 0.00 | 14,795 |
31 May 24 | Mary E McCormick | Common Stock | Grant | Acquire A | No | No | 0 | 840 | 0.00 | 23,320 |
31 May 24 | Aloian D Pike | Common Stock | Grant | Acquire A | No | No | 0 | 840 | 0.00 | 27,173 |
31 May 24 | Sandstrom Katherine M | Common Stock | Grant | Acquire A | No | No | 0 | 840 | 0.00 | 3,797 |
News
The Analyst Verdict: EastGroup Props In The Eyes Of 9 Experts
22 Jul 24
Wedbush Upgrades EastGroup Props to Outperform, Raises Price Target to $208
22 Jul 24
Cracking The Code: Understanding Analyst Reviews For EastGroup Props
31 May 24
Mizuho Maintains Neutral on EastGroup Props, Lowers Price Target to $175
31 May 24
RBC Capital Maintains Sector Perform on EastGroup Props, Lowers Price Target to $172
6 May 24