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EastGroup Properties, Inc.

EGP Stock Analysis

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Dividend Score

Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength

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Dividend Stability

EGP has maintained stable dividend payments over the past 10 years with no cuts over 5%.

Dividend Growth

EGP's dividend payments have increased by 13.296% annually over the last 5 years.

Earnings Growth

EGP's earnings have grown by 18.162% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

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About EastGroup Properties, Inc.

REIT - Industrial
Real Estate

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...

EastGroup Properties, Inc. Key Metrics

Market Cap
$9B
52 Weeks Low
$154.75
52 Weeks High
$192.61
Dividend Yield
3.14%
P/E
37.91x
P/S
14.19x

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    EastGroup Properties, Inc. Dividends

    Dividend Yield
    3.14%
    Payout Ratio
    105.83%
    Dividend Amount Per Share
    $5.08
    Last Ex-Dividend Date
    Sep 30, 2024

    EGP Dividend Safety

    EGP paid out 105.83% of its $200M earnings as dividends over the last 12 months.

    Unsafe

    1. Very Unsafe

    2. Unsafe

    3. Somewhat Safe

    4. Safe

    5. Very Safe

    Dividend Payout Ratio

    EGP's Dividend Payout Ratio of 105.833% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.

    Interest Rate Coverage

    EGP's Interest Coverage Ratio of 8.203 indicates strong financial health with easy coverage of interest expenses.

    Income Quality

    EGP shows excellent income quality with a ratio of 1.686. This indicates high-quality earnings and low risk of dividend cuts.

    EGP Dividend Growth

    EastGroup Properties, Inc.(EGP) offers a dividend yield of 3.14% and pays $5.08 in dividends per share. Explore the historical dividend growth of EGP.

    Dividend Stability

    EGP has maintained stable dividend payments over the past 10 years with no cuts over 5%.

    Dividend Growth

    EGP's dividend payments have increased by 13.296% annually over the last 5 years.

    Earnings Growth

    EGP's earnings have grown by 18.162% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

    More on Dividends

    EGP Analyst Forecasts

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    EGP Financials

    EGP Income Statement Key Metrics

    • Revenue(TTM)610.41 M
    • Gross Profit(TTM)352.65 M
    • EBITDA(TTM)423.30 M
    • Net Income(TTM)226.28 M
    • EPS Diluted(TTM)4.78

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    EGP earnings and revenue history

    Gross Profit Margin vs Peers

    Profit margin ratio of EGP (0.730) is higher than the average of its peers (0.565).

    Net Profit Margin vs Peers

    Net profit margin ratio of EGP (0.351) is higher than the average of its peers (0.204).

    EGP Return on Equity

    See how efficiently EGP generates profit for it's shareholders.

    7.69%

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    1. Poor

    2. Average

    3. Strong

    Return on Equity vs Peers

    Return on Equity ratio of EGP (0.077) is higher than the average of its peers (0.023).

    Return on Equity Growth

    EGP's Return on Equity has shown poor growth over the past 10 years, increasing by only -0.88%.

    EGP Revenue Growth

    See how EGP has grown it's revenue over the past 10 years.

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    Revenue Growth

    EGP's revenue has grown significantly over the past 10 years, increasing by over 10.01%.