EGP (EastGroup Properties) Momentum Rank : 8 (As of Apr. 10, 2025)

View and export this data going back to 1994. Start your Free Trial

What is EastGroup Properties Momentum Rank?

EastGroup Properties has the Momentum Rank of 8.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of EastGroup Properties's Momentum Rank

For the REIT - Industrial subindustry, EastGroup Properties's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

EastGroup Properties's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, EastGroup Properties's Momentum Rank distribution charts can be found below:

* The bar in red indicates where EastGroup Properties's Momentum Rank falls into.

Save Embed

;

Save Embed

;

EastGroup Properties Momentum Rank Related Terms

Thank you for viewing the detailed overview of EastGroup Properties's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

EastGroup Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » EastGroup Properties Inc (NYSE:EGP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

EGP:Mexico

Address

400 West Parkway Place, Suite 100, Ridgeland, MS, USA, 39157

Website

https://www.eastgroup.net

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 group has one reportable segment, which is industrial properties. The company derives its revenue in the form of rental income.

Executives

Richard Reid Dunbar	officer: Senior Vice President	190 EAST CAPITOL STREET, SUITE 400, JACKSON MS 39201
Brent Wood	officer: Executive Vice President & CFO	188 E CAPITOL ST, 300 ONE JACKSON PL, JACKSON MS 39201
John F Coleman	officer: Executive Vice President	7003 PRESIDENTS DRIVE, STE 800, ORLANDO FL 32701
Eaves Hayden C Iii	director	201 S LAKE AVE, STE 501, PASADENA CA 91101
David Michael Fields	director	34 OAK TRAIL COURT, ALAMO CA 94507
Staci H. Tyler	officer: Senior VP, CAO and Secretary	EASTGROUP PROPERTIES, INC., 400 W. PARKWAY PLACE, SUITE 100, RIDGELAND MS 39157
Leland R Speed	director
Hoster David H Ii	director	188 EAST CAPITAL STREET, 300MONE JACKSON PLACE, JACKSON MS 39201
Katherine M Sandstrom	director	4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Bailey H C Jr	director	1052 HIGHLAND COLONY PARKWAY, STE 202, RIDGELAND MS 39157
Mary E Mccormick	director	188 E. CAPITOL STREET, 300 ONE JACKSON PLACE, JACKSON MS 39201
Bolton H Eric Jr	director
Donald F Colleran	director	942 SOUTH SHADY GROVE ROAD, MEMPHIS TN 38117
D Pike Aloian	director	C/O ROTHSCHILD REALTY INC, 1251 AVENUEOF THE AMERICAS, NEW YORK NY 10020
Marshall A Loeb	director, officer: President and CEO	C/O EASTGROUP PROPERTIES, INC., 190 EAST CAPITOL STREET, JACKSON MS 39201