Eastgroup Properties Debt 2024

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.

Debt Details

Understanding Eastgroup Properties's Debt Structure

Eastgroup Properties's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Eastgroup Properties's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Eastgroup Properties’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Eastgroup Properties’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Eastgroup Properties stock

What is the debt of Eastgroup Properties this year?

Eastgroup Properties has a debt level of 1,636.08 USD this year.

What was the debt of Eastgroup Properties compared to the previous year?

The debt of Eastgroup Properties has increased by -12.12% compared to the previous year dropped.

What are the consequences of high debt for investors in Eastgroup Properties?

High debt can pose a risk for investors of Eastgroup Properties, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Eastgroup Properties?

Low debt means that Eastgroup Properties has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Eastgroup Properties affect the company?

An increase in debt of Eastgroup Properties can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Eastgroup Properties affect the company?

A reduction in debt of Eastgroup Properties can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Eastgroup Properties?

Some factors that can influence the debt of Eastgroup Properties include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Eastgroup Properties so important for investors?

The debts of Eastgroup Properties are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Eastgroup Properties take to change the debt?

To change the debt, Eastgroup Properties can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

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 2.93 %. 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 2.93 %.

When does Eastgroup Properties pay dividends?

Eastgroup Properties pays a quarterly dividend. This is distributed in the months of October, January, April, 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 2.92 %.

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.