EastGroup Properties Inc

EGP

Company Profile

  • Business description

    EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The company derives its revenue in the form of rental income.

  • Contact

    400 West Parkway Place
    Suite 100
    RidgelandMS39157
    USA

    T: +1 601 354-3555

    https://www.eastgroup.net

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    REIT - Industrial

    Fiscal Year End

    31 December 2024

    Employees

    96

Stocks News & Analysis

stocks

Microsoft earnings: Strength in cloud, guidance mixed

We think investors should be on board when Azure accelerates in the third quarter.
stocks

Chart of the week: Small caps lagging

This week's chart of the week comes from Morningstar's Market Strategist's take on small caps
stocks

An impending merger just raised our fair value for this ASX retail giant

The deal is set to deliver enhanced scale, cost savings and new synergies.  

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,422.1017.40-0.21%
CAC 407,350.3777.99-1.05%
DAX 4019,077.54179.80-0.93%
Dow JONES (US)41,763.46378.08-0.90%
FTSE 1008,110.1049.53-0.61%
HKSE20,317.3363.31-0.31%
NASDAQ18,095.15512.78-2.76%
Nikkei 22539,081.25196.14-0.50%
NZX 50 Index12,569.1969.71-0.55%
S&P 5005,705.45108.22-1.86%
S&P/ASX 2008,160.0020.40-0.25%
SSE Composite Index3,279.8213.590.42%

Market Movers