Financials 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. -2.10% -15.05%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,147 5,445 9,246 6,437 8,488 7,494 - -
Enterprise Value (EV) 1 6,329 6,756 10,693 8,298 10,123 9,015 9,114 9,426
P/E ratio 40.9 x 50 x 58.4 x 34 x 41.5 x 35.2 x 31.6 x 29 x
Yield 2.22% 2.23% 1.57% 3.17% - 3.31% 3.43% 3.46%
Capitalization / Revenue 15.5 x 15 x 22.6 x 13.2 x 14.9 x 11.9 x 10.8 x 9.38 x
EV / Revenue 19.1 x 18.6 x 26.1 x 17 x 17.7 x 14.3 x 13.2 x 11.8 x
EV / EBITDA 28.6 x 27.5 x 38.3 x 24.6 x 25.2 x 20.2 x 18.4 x 16.9 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 4.3 x 4.31 x 5.99 x 3.3 x 3.19 x 2.53 x 2.45 x 2.42 x
Nbr of stocks (in thousands) 38,795 39,437 40,578 43,473 46,246 48,064 - -
Reference price 2 132.7 138.1 227.8 148.1 183.5 155.9 155.9 155.9
Announcement Date 2/6/20 2/9/21 2/8/22 2/7/23 2/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 331.4 363 409.5 487 570.6 629.6 691.6 799.1
EBITDA 1 221.5 245.7 279 337.5 401.3 445.8 494.1 557.9
EBIT 1 116.6 128.2 150.9 182.6 228.1 254.5 282.3 317.2
Operating Margin 35.18% 35.32% 36.85% 37.49% 39.98% 40.41% 40.82% 39.7%
Earnings before Tax (EBT) 1 123.3 108.4 157.6 186.3 200.5 203.2 238.6 282.8
Net income 1 121.7 108.4 157.6 186.2 200.5 217.3 253.2 282.7
Net margin 36.71% 29.85% 38.48% 38.23% 35.14% 34.51% 36.61% 35.38%
EPS 2 3.240 2.760 3.900 4.360 4.420 4.429 4.938 5.370
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.940 3.080 3.580 4.700 - 5.165 5.355 5.393
Announcement Date 2/6/20 2/9/21 2/8/22 2/7/23 2/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 107.4 113 118.6 125.7 129.8 135 139.9 146.5 149.1 154.2 156.6 161 165.4 165.5 169.3
EBITDA 1 74.33 77.73 81.98 86.9 90.93 93.88 98 102.8 106.7 104.9 109.6 113.4 117.6 118.8 122.6
EBIT 1 40.92 41.08 44.2 47.26 50.01 52.48 55.29 59.72 60.65 59.19 62.78 64.67 67.27 68.94 71.98
Operating Margin 38.11% 36.37% 37.29% 37.61% 38.52% 38.87% 39.53% 40.76% 40.66% 38.38% 40.08% 40.18% 40.68% 41.65% 42.52%
Earnings before Tax (EBT) 1 71.91 63.6 46.16 37.82 38.69 44.7 43.46 48.91 63.47 58.66 52.4 54.2 59.5 - -
Net income 1 71.89 63.58 46.14 37.79 38.67 44.69 43.45 48.9 63.46 58.64 52.94 55.42 58.24 59.95 63.05
Net margin 66.95% 56.28% 38.92% 30.08% 29.78% 33.1% 31.06% 33.37% 42.54% 38.03% 33.8% 34.44% 35.22% 36.22% 37.24%
EPS 2 1.750 1.540 1.090 0.8700 0.8900 1.020 0.9700 1.070 1.350 1.220 1.092 1.135 1.171 1.200 1.250
Dividend per Share 2 1.100 1.100 1.100 1.250 1.250 1.250 1.250 1.270 1.270 - 1.270 1.306 1.306 1.325 1.325
Announcement Date 2/8/22 4/26/22 7/26/22 10/25/22 2/7/23 4/25/23 7/25/23 10/24/23 2/7/24 4/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,182 1,311 1,447 1,862 1,635 1,521 1,619 1,932
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.338 x 5.336 x 5.189 x 5.516 x 4.073 x 3.413 x 3.278 x 3.463 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 11.6% 8.77% 11.1% 10.6% 7.98% 7.87% 7.89% 8.07%
ROA (Net income/ Total Assets) - - - - - 4.54% 5.06% -
Assets 1 - - - - - 4,786 5,002 -
Book Value Per Share 2 30.80 32.00 38.00 44.80 57.50 61.60 63.70 64.40
Cash Flow per Share 2 5.220 5.000 6.350 7.410 7.460 6.580 7.240 -
Capex 1 - - - - - 301 440 -
Capex / Sales - - - - - 47.74% 63.66% -
Announcement Date 2/6/20 2/9/21 2/8/22 2/7/23 2/7/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
155.9 USD
Average target price
190.2 USD
Spread / Average Target
+21.96%
Consensus
  1. Stock Market
  2. Equities
  3. EGP Stock
  4. Financials EastGroup Properties, Inc.