Company

EastGroup Properties, Inc.

Headquarters: Ridgeland, MS, United States

Employees: 82

CEO: Mr. Marshall A. Loeb

NYSE: EGP +0.58%

Market Cap

$8.38 Billion

USD as of Jan. 1, 2024

Market Cap History

EastGroup Properties, Inc. market capitalization over time

Evolution of EastGroup Properties, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of EastGroup Properties, Inc.

Detailed Description

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet.

Top 1-year algo backtest: +181.22%

$10,000 in June 2023 would now be $28,122 by following this algorithm daily at market close.

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Stocks & Indices

EastGroup Properties, Inc. has the following listings and related stock indices.


Stock: NYSE: EGP wb_incandescent

Stock: FSX: EGO wb_incandescent

Details

Headquarters:

400 West Parkway Place

Suite 100

Ridgeland, MS 39157

United States

Phone: 601-354-3555

Fax: 601-352-1441