Eastgroup Properties Inc
NYSE:EGP

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Eastgroup Properties Inc
NYSE:EGP
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Price: 161.41 USD -0.02%
Market Cap: 8B USD
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Eastgroup Properties Inc
Other Operating Expenses

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
Other Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Eastgroup Properties Inc
NYSE:EGP
Other Operating Expenses
-$702k
CAGR 3-Years
2%
CAGR 5-Years
-19%
CAGR 10-Years
N/A
Rexford Industrial Realty Inc
NYSE:REXR
Other Operating Expenses
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
STAG Industrial Inc
NYSE:STAG
Other Operating Expenses
-$2.3m
CAGR 3-Years
5%
CAGR 5-Years
-6%
CAGR 10-Years
-10%
Prologis Inc
NYSE:PLD
Other Operating Expenses
-$61m
CAGR 3-Years
-47%
CAGR 5-Years
-38%
CAGR 10-Years
-9%
First Industrial Realty Trust Inc
NYSE:FR
Other Operating Expenses
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Lineage Inc
NASDAQ:LINE
Other Operating Expenses
N/A
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 Other Operating Expenses?
Other Operating Expenses
-702k USD

Based on the financial report for Sep 30, 2024, Eastgroup Properties Inc's Other Operating Expenses amounts to -702k USD.

What is Eastgroup Properties Inc's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
-19%

Over the last year, the Other Operating Expenses growth was -23%. The average annual Other Operating Expenses growth rates for Eastgroup Properties Inc have been 2% over the past three years , -19% over the past five years .

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