Eastgroup Properties P/S 2024

Eastgroup Properties P/S

11.36

Eastgroup Properties Dividend yield

3.13 %

Ticker

EGP

ISIN

US2772761019

WKN

985160

As of May 31, 2024, Eastgroup Properties's P/S ratio stood at 11.36, a -12.48% change from the 12.98 P/S ratio recorded in the previous year.

The Eastgroup Properties P/S history

Eastgroup Properties Aktienanalyse

What does Eastgroup Properties do?

EastGroup Properties Inc. is a real estate company from the USA that specializes in the development, acquisition, and management of industrial and commercial properties in the Sunbelt states of the USA. The company is headquartered in Ridgeland, Mississippi, and was founded in 1969 as a subsidiary of EastGroup Corporation. The history of EastGroup Properties began in the 1960s when EastGroup Corporation expanded its activities into the real estate sector. Initially, the company offered development sites as well as multi-family homes and later developed more and more commercial properties in the emerging areas of the South such as Florida, Georgia, and Texas. EastGroup Properties was listed as a separate company on the NASDAQ stock exchange in 1997 and has since expanded significantly. Today, EastGroup Properties operates in 14 markets in Florida, Texas, North Carolina, Georgia, Alabama, Arizona, Mississippi, New Mexico, and Tennessee and manages a total of over 39.7 million square meters of commercial properties. The company primarily focuses on the development and management of industrial and commercial properties such as warehouses, distribution centers, office and retail buildings, and medical facilities. Their business model is focused on leasing high-quality commercial properties to premier tenants, including companies such as Amazon, Boeing, and FedEx. EastGroup Properties has a wide portfolio of properties in different sizes and designs to meet the diverse needs of their customers. The product range of EastGroup Properties also includes services such as leasing, financing, asset management, and property management. Their customer-centric approach and dedicated team of real estate experts ensure that the needs of customers are always at the forefront and their requirements are individually considered. EastGroup Properties also emphasizes sustainable development and offers environmentally friendly properties. The company has developed a sustainability program aimed at reducing the energy consumption of properties and supporting eco-friendly initiatives such as the installation of solar panels and the implementation of water-saving systems. In recent years, the company has expanded significantly and has invested in numerous new projects and acquisitions of existing properties to further expand its market presence. For example, in 2019, EastGroup Properties opened a new distribution center of over 27,000 square meters near Nashville, Tennessee. In summary, EastGroup Properties Inc. is a rapidly expanding company that specializes in the development and management of industrial and commercial properties. With a wide portfolio of properties in different sizes and designs, a customer-oriented approach, and a dedicated team of real estate experts, the company offers its customers high-quality and tailored property solutions. EastGroup Properties is also a leader in sustainability, making it an attractive partner for customers, investors, and employees. Eastgroup Properties ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Eastgroup Properties's P/S Ratio

Eastgroup Properties's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Eastgroup Properties's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Eastgroup Properties's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Eastgroup Properties’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Eastgroup Properties Stock

What is the price-to-earnings ratio of Eastgroup Properties?

The price-earnings ratio of Eastgroup Properties is currently 11.36.

How has the price-earnings ratio of Eastgroup Properties changed compared to last year?

The price-to-earnings ratio of Eastgroup Properties has increased by -12.48% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Eastgroup Properties high compared to other companies?

Yes, the price-to-earnings ratio of Eastgroup Properties is high compared to other companies.

How does an increase in the price-earnings ratio of Eastgroup Properties affect the company?

An increase in the price-earnings ratio of Eastgroup Properties would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Eastgroup Properties affect the company?

A decrease in the price-earnings ratio of Eastgroup Properties would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Eastgroup Properties?

Some factors that influence the price-earnings ratio of Eastgroup Properties are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Eastgroup Properties pay?

Over the past 12 months, Eastgroup Properties paid a dividend of 5.04 USD . This corresponds to a dividend yield of about 3.13 %. For the coming 12 months, Eastgroup Properties is expected to pay a dividend of 5.02 USD.

What is the dividend yield of Eastgroup Properties?

The current dividend yield of Eastgroup Properties is 3.13 %.

When does Eastgroup Properties pay dividends?

Eastgroup Properties pays a quarterly dividend. This is distributed in the months of October, January, May, July.

How secure is the dividend of Eastgroup Properties?

Eastgroup Properties paid dividends every year for the past 26 years.

What is the dividend of Eastgroup Properties?

For the upcoming 12 months, dividends amounting to 5.02 USD are expected. This corresponds to a dividend yield of 3.12 %.

In which sector is Eastgroup Properties located?

Eastgroup Properties is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Eastgroup Properties kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Eastgroup Properties from 7/15/2024 amounting to 1.27 USD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did Eastgroup Properties pay the last dividend?

The last dividend was paid out on 7/15/2024.

What was the dividend of Eastgroup Properties in the year 2023?

In the year 2023, Eastgroup Properties distributed 4.7 USD as dividends.

In which currency does Eastgroup Properties pay out the dividend?

The dividends of Eastgroup Properties are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Eastgroup Properties

Our stock analysis for Eastgroup Properties Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Eastgroup Properties Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.