Ticker name:EGPEASTGROUP PROPERTIES INC
Country: US-Sector: Real Estate, Industry: REIT - Industrial
EastGroup Properties, Inc. (NYSE: EGP), a self-administered equity real estate investment trust and an S&P MidCap 400 company, specializes in the development, acquisition, and management of industrial properties. The company concentrates its efforts within major Sunbelt markets across the United States, with a particular focus on Florida, Texas, Arizona, California, and North Carolina. Its central aim is to enhance shareholder value by serving as a leading provider of adaptable, efficient, and high-quality business distribution facilities for location-sensitive clients, generally seeking spaces between 15,000 and 70,000 square feet. EastGroup's growth strategy prioritizes ownership of prime distribution centers, strategically positioned close to key transportation networks in submarkets where supply is limited. The firm's current portfolio encompasses approximately 45.8 million square feet, including properties under development, value-add acquisitions in lease-up, and those currently under construction.
- CEO: Marshall A. Loeb
- IPO: Oct 21, 1983
- Website:eastgroup.net (open a new tab)
Market Cap 11B
Last close 201.63$
Floor clearance 22.15%
Floor clearance (Past 30d)23.67%
Price Return
- 90d
- 0.83%
- YTD
- 13.19%
- 1Y
- 21.51%
- 3Y
- 13.82%
- 5Y
- 18.17%
Key metrics
Largest 14 companies In REIT - Industrial
| # Position | Ticker | Company Name | Market Cap | Last Price | Action |
|---|---|---|---|---|---|
| 1 | PLD | Prologis, Inc. | 128B | 135.18$ | |
| 2 | PSA | Public Storage | 53B | 300.76$ | |
| 3 | EXR | Extra Space Storage Inc. | 29B | 139.03$ | |
| 4 | EGP | EASTGROUP PROPERTIES INC | 11B | 201.63$ | |
| 5 | JAN | Janus Living, Inc. | 9.4B | 30.23$ | |
| 6 | CUBE | CubeSmart | 9B | 40.19$ | |
| 7 | LINE | Lineage, Inc. | 8.6B | 37.94$ | |
| 8 | REXR | Rexford Industrial Realty, Inc. | 8.6B | 38.43$ | |
| 9 | STAG | STAG Industrial, Inc. | 7.2B | 37.49$ | |
| 10 | TRNO | Terreno Realty Corp | 7.2B | 66.23$ | |
| 11 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | 1.6B | 56.43$ | |
| 12 | JBGS | JBG SMITH Properties | 852M | 11.42$ | |
| 13 | XRN | Chiron Real Estate Inc. | 478M | 36.11$ | |
| 14 | SELF | Global Self Storage, Inc. | 58M | 5.05$ |