Company EastGroup Properties, Inc.

Equities

EGP

US2772761019

Commercial REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
155.9 USD +0.12% Intraday chart for EastGroup Properties, Inc. -4.54% -15.05%

Business Summary

EastGroup Properties, Inc. is an internally managed equity real estate investment trust (REIT). The Company is focused on the development, acquisition and operation of industrial properties in Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California and North Carolina. The Company owns approximately 510 industrial properties in 12 states. The Company’s portfolio includes development projects and value-add properties in lease-up and under construction, including approximately 59.2 million square feet consisting of 470 business distribution properties containing 53.9 million square feet. It also has 17 bulk distribution properties containing 4.4 million square feet, and 23 business service properties containing 900,000 square feet.

Number of employees: 96

Sales per Business

USD in Million2022Weight2023Weight Delta
Real Estate
99.2 %
487 100.0 % 566 99.2 % +16.30%
Other Revenue
0.8 %
0 0.0 % 4 0.8 % +2,021.15%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
487 100.0 % 571 100.0 % +17.16%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 15-02-28
Director of Finance/CFO 54 95-12-31
Chief Administrative Officer 43 06-12-31
Chief Tech/Sci/R&D Officer - 97-12-31
General Counsel - 22-12-31
Comptroller/Controller/Auditor - 10-12-31
Corporate Officer/Principal 43 17-04-30
Corporate Officer/Principal 48 -
Corporate Officer/Principal - 10-12-31
Comptroller/Controller/Auditor - 02-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 98-12-31
Director/Board Member 67 13-12-05
Chief Executive Officer 61 15-02-28
Director/Board Member 66 05-05-31
Director/Board Member 55 20-07-05
Director/Board Member 66 22-01-31
Chairman 68 17-08-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 48,144,312 47,527,420 ( 98.72 %) 0 98.72 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
13.87 %
6,652,922 13.87 % 1 196 M $
BlackRock Advisors LLC
9.942 %
4,767,834 9.942 % 857 M $
2,541,191 5.299 % 457 M $
T. Rowe Price Investment Management, Inc.
4.172 %
2,000,631 4.172 % 360 M $
Eaton Vance Management
3.319 %
1,591,584 3.319 % 286 M $
Teachers Advisors LLC
2.234 %
1,071,442 2.234 % 193 M $
DWS Investment Management Americas, Inc.
2.215 %
1,062,003 2.215 % 191 M $
Fidelity Management & Research Co. LLC
2.158 %
1,035,124 2.158 % 186 M $
JPMorgan Investment Management, Inc.
2.028 %
972,603 2.028 % 175 M $
T. Rowe Price International Ltd.
1.885 %
903,836 1.885 % 162 M $

Company contact information

EastGroup Properties, Inc.

400 West Parkway Place Suite 100

39157, Ridgeland

+601 354 3555

http://www.eastgroup.net
address EastGroup Properties, Inc.(EGP)

Group companies

NameCategory and Sector
Real Estate Development

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
155.7 USD
Average target price
190.8 USD
Spread / Average Target
+22.53%
Consensus
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  4. Company EastGroup Properties, Inc.