EastGroup Properties Inc (EGP, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the acquisition, development, and operation of industrial properties in major urban areas within the Sunbelt region of the United States. EastGroup Properties Inc has a market cap of $5.51 billion; its shares were traded at around $141.61 with a P/E ratio of 43.84 and P/S ratio of 16.04. The dividend yield of EastGroup Properties Inc stocks is 2.08%. EastGroup Properties Inc had annual average EBITDA growth of 5.30% over the past ten years. GuruFocus rated EastGroup Properties Inc the business predictability rank of 4-star. GuruFocus has detected 2 severe warning signs with EastGroup Properties Inc. .
For the last quarter EastGroup Properties Inc reported a revenue of $86.6 million, compared with the revenue of $77.98 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $331.4 million, an increase of 10.3% from last year. For the complete 30-year financial data, please go here.. For the last five years EastGroup Properties Inc had an average revenue growth rate of 8.5% a year.
The reported diluted earnings per share was $3.24 for the year, an increase of 30.1% from previous year. Over the last five years EastGroup Properties Inc had an EPS growth rate of 15.8% a year. The EastGroup Properties Inc had a decent operating margin of 35.18%, compared with the operating margin of 36.14% a year before. The 10-year historical median operating margin of EastGroup Properties Inc is 33.69%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, EastGroup Properties Inc has the cash and cash equivalents of $0.22 million, compared with $0.37 million in the previous year. The long term debt was $1.2 billion, compared with $1.1 billion in the previous year. The interest coverage to the debt is 3.4. EastGroup Properties Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $141.61, EastGroup Properties Inc is traded at 83.2% premium to its historical median P/S valuation band of $77.30. The P/S ratio of the stock is 16.04, while the historical median P/S ratio is 8.76. The intrinsic value of the stock is $73.93 a share, according to GuruFocus DCF Calculator. The stock gained 35.90% during the past 12 months.
Directors and Officers Recent Trades:
- Director H C Jr Bailey sold 403 shares of EGP stock on 02/11/2020 at the average price of $140.01. The price of the stock has increased by 1.14% since.
For the complete 20-year historical financial data of EGP, click here.
