Eastgroup Properties Inc
NYSE:EGP

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Eastgroup Properties Inc
NYSE:EGP
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Price: 156.6 USD 0.99% Market Closed
Market Cap: 8.1B USD

Eastgroup Properties Inc
Revenue

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
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Eastgroup Properties Inc
NYSE:EGP
Revenue
$640.2m
CAGR 3-Years
16%
CAGR 5-Years
14%
CAGR 10-Years
11%
Rexford Industrial Realty Inc
NYSE:REXR
Revenue
$936.4m
CAGR 3-Years
27%
CAGR 5-Years
29%
CAGR 10-Years
30%
STAG Industrial Inc
NYSE:STAG
Revenue
$767.4m
CAGR 3-Years
11%
CAGR 5-Years
14%
CAGR 10-Years
16%
Prologis Inc
NYSE:PLD
Revenue
$8.2B
CAGR 3-Years
20%
CAGR 5-Years
20%
CAGR 10-Years
17%
First Industrial Realty Trust Inc
NYSE:FR
Revenue
$669.6m
CAGR 3-Years
12%
CAGR 5-Years
9%
CAGR 10-Years
7%
Lineage Inc
NASDAQ:LINE
Revenue
$5.3B
CAGR 3-Years
13%
CAGR 5-Years
N/A
CAGR 10-Years
N/A

Eastgroup Properties Inc
Glance View

Economic Moat
None
Market Cap
8.1B USD
Industry
Real Estate

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
146.82 USD
Overvaluation 6%
Intrinsic Value
Price

See Also

What is Eastgroup Properties Inc's Revenue?
Revenue
640.2m USD

Based on the financial report for Dec 31, 2024, Eastgroup Properties Inc's Revenue amounts to 640.2m USD.

What is Eastgroup Properties Inc's Revenue growth rate?
Revenue CAGR 10Y
11%

Over the last year, the Revenue growth was 12%. The average annual Revenue growth rates for Eastgroup Properties Inc have been 16% over the past three years , 14% over the past five years , and 11% over the past ten years .

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