Eastgroup Properties Inc
NYSE:EGP

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Eastgroup Properties Inc
NYSE:EGP
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Price: 161.52 USD 0.05%
Market Cap: 8B USD
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Eastgroup Properties Inc
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Eastgroup Properties Inc
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
Eastgroup Properties Inc
NYSE:EGP
Operating Income
$248.9m
CAGR 3-Years
20%
CAGR 5-Years
17%
CAGR 10-Years
13%
Rexford Industrial Realty Inc
NYSE:REXR
Operating Income
$350.7m
CAGR 3-Years
40%
CAGR 5-Years
38%
CAGR 10-Years
51%
STAG Industrial Inc
NYSE:STAG
Operating Income
$259m
CAGR 3-Years
18%
CAGR 5-Years
21%
CAGR 10-Years
27%
Prologis Inc
NYSE:PLD
Operating Income
$2.8B
CAGR 3-Years
24%
CAGR 5-Years
23%
CAGR 10-Years
25%
First Industrial Realty Trust Inc
NYSE:FR
Operating Income
$265m
CAGR 3-Years
15%
CAGR 5-Years
11%
CAGR 10-Years
12%
Lineage Inc
NASDAQ:LINE
Operating Income
$490.2m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Eastgroup Properties Inc
Glance View

Market Cap
7.9B USD
Industry
Real Estate
Economic Moat
None

EastGroup Properties Inc. is a prominent player in the industrial real estate sector, with a distinct focus on Sunbelt markets – a region known for its burgeoning economic activity and industrial growth. Founded in 1969 and headquartered in Jackson, Mississippi, EastGroup Properties has tactically aligned itself with the momentum of economic shifts towards these warmer southern and southwestern states. The company's core strategy revolves around the development, acquisition, and management of premium distribution-focused properties, facilitating logistical efficiency. By carefully curating their portfolio to include flexible, adaptable spaces capable of housing various tenants’ needs, EastGroup ensures that its properties are tailored to meet the diverse requirements of distribution companies, e-commerce giants, and regional service providers who are drawn to these strategic locations. In the realm of revenue generation, EastGroup Properties capitalizes on the rental income from its strategically located properties. By establishing facilities near transportation hubs such as highways and airports, the company increases the appeal of its spaces to potential tenants, securing long-term leases that ensure steady cash flow. Their approach in maintaining close relationships with tenants allows them to anticipate and respond effectively to shifting trends in industrial space utilization. This agility is key in maintaining high occupancy rates, which drive the company's profitability. EastGroup Properties' revenue model is underscored by its strategic asset management, where careful property enhancements and real estate investments are seamlessly integrated with sustainable practices, aligning with modern standards of growth while also ensuring profitability and shareholder value.

EGP Intrinsic Value
152.47 USD
Overvaluation 6%
Intrinsic Value
Price

See Also

What is Eastgroup Properties Inc's Operating Income?
Operating Income
248.9m USD

Based on the financial report for Sep 30, 2024, Eastgroup Properties Inc's Operating Income amounts to 248.9m USD.

What is Eastgroup Properties Inc's Operating Income growth rate?
Operating Income CAGR 10Y
13%

Over the last year, the Operating Income growth was 14%. The average annual Operating Income growth rates for Eastgroup Properties Inc have been 20% over the past three years , 17% over the past five years , and 13% over the past ten years .

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