Equity Overview
Price & Market Data
Price: $163.5
Daily Change: +$3.02 / 1.84%
Range: $155.0 - $167.5
Market Cap: $8,544,608,768
Volume: 543,395
Performance Metrics
1 Week: 3.57%
1 Month: -6.56%
3 Months: -3.39%
6 Months: -8.80%
1 Year: 0.23%
YTD: 2.01%
Company Details
Employees: 101
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, 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 Texas, Florida, California, Arizona 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 20,000 to 100,000 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. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 63.1 million square feet.