EastGroup Properties

Owners of EastGroup Properties (NYSE: EGP) shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $57.91 as of 9:36 a.m. ET, the dividend yield is 3.7%.

The average volume for EastGroup Properties has been 186,400 shares per day over the past 30 days. EastGroup Properties has a market cap of $1.7 billion and is part of the real estate industry. Shares are up 7.7% year to date as of the close of trading on Thursday.

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EastGroup Properties, Inc., a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. The company has a P/E ratio of 64.65. Currently there are 2 analysts that rate EastGroup Properties a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates EastGroup Properties as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full EastGroup Properties Ratings Report now.

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