EastGroup (EGP)

Industrial | Urban/Secondary Distribution

EastGroup (EGP) is tracked in the Hoya Capital REIT and real estate database, classified under Industrial with a Urban/Secondary Distribution focus. The company came public in 1971. It is categorized as a Large-Cap name in the database. The company has an equity market capitalization of approximately $10.9 billion. Shares recently traded near $201.55 with a dividend yield of about 3.08 percent. The company pays dividends on a quarterly schedule with a forward annual dividend rate of $6.20 per share. Its FFO payout ratio is roughly 60 percent. The dividend was raised by about 10.7 percent over the past year. The stock is priced at roughly 19.6 times estimated 2026 funds from operations. Balance sheet leverage stands near 3.1 times debt to EBITDA. Moody's rates the company's credit at Baa1. The next scheduled ex-dividend date on file is 2026-09-30. It operates with an internal management structure. This profile includes fundamentals, dividend history, valuation metrics, and sector rankings from Hoya Capital's research database, refreshed on a regular schedule.

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-managed capital real estate investment trust focused on the development, acquisition and operation of industrial properties in Sunbelt's major markets in the United States. with an emphasis on the states of Florida, Texas, Arizona, California and North Carolina.

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Company website: www.eastgroup.net