Company profile

Ticker
EGP
Exchange
CEO
Marshall A. Loeb
Employees
Incorporated in
Location
Fiscal year end
Former names
Eastgroup Properties, Eastgroup Properties Ii Inc
SEC CIK
IRS number
132711135

EGP stock data

(
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FINRA relative short interest over last month (20 trading days) ?

Calendar

13 Feb 20
4 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 86.55M 83.94M 82.1M 78.8M
Net income 49.61M 22.57M 26.95M 22.53M
Diluted EPS 1.28 0.6 0.73 0.62
Net profit margin 57.32% 26.89% 32.83% 28.59%
Operating income
Net change in cash 94K -196K
Cash on hand 224K 130K 326K
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 331.39M 300.39M 274.15M 253.05M
Net income 121.66M 88.51M 83.18M 95.51M
Diluted EPS 3.24 2.49 2.44 2.93
Net profit margin 36.71% 29.46% 30.34% 37.74%
Operating income 108.56M 95.2M 87.37M
Net change in cash -150K 358K -506K 474K
Cash on hand 224K 374K 16K 522K

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
6 Mar 20 Corkern Bruce Common Stock Grant Aquire A 0 73 0 63,793
6 Mar 20 Coleman John F Common Stock Grant Aquire A 0 789 0 100,755
6 Mar 20 Dunbar Richard Reid Common Stock Grant Aquire A 0 724 0 10,841
6 Mar 20 Collins Ryan M Common Stock Grant Aquire A 0 632 0 8,501
6 Mar 20 Wood Brent Common Stock Grant Aquire A 0 1,436 0 95,779
92.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 291 292 -0.3%
Opened positions 38 37 +2.7%
Closed positions 39 29 +34.5%
Increased positions 108 110 -1.8%
Reduced positions 93 84 +10.7%
13F shares
Current Prev Q Change
Total value 54.84B 29.31B +87.1%
Total shares 36.02M 34.87M +3.3%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Vanguard 6M $795.4M +2.7%
BLK BlackRock 5.96M $790.61M -0.8%
N Price T Rowe Associates 2.67M $354.15M -5.4%
JPM JPMorgan Chase & Co. 2.38M $315.43M -1.5%
STT State Street 2.13M $284.63M -6.2%
IVZ Invesco 1.32M $174.61M -0.2%
SAMG Silvercrest Asset Management 794.46K $105.4M +0.4%
Nuveen Asset Management 787.57K $104.49M -10.5%
NTRS Northern Trust 778.27K $103.25M +1.3%
DB Deutsche Bank 768.45K $101.95M +841.5%
Largest transactions
Shares Bought/sold Change
DB Deutsche Bank 768.45K +686.83K +841.5%
Norges Bank 445.73K +445.73K NEW
Voya Investment Management 145.47K -292.14K -66.8%
Weiss Multi-Strategy Advisers 0 -212.79K EXIT
Russell Investments 213.27K +206.17K +2904.2%
Balyasny Asset Management 212.83K +185K +664.6%
Vanguard 6M +155.69K +2.7%
N Price T Rowe Associates 2.67M -151.44K -5.4%
STT State Street 2.13M -141.61K -6.2%
MCQEF Macquarie 603.51K -113.53K -15.8%

Financial report summary

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Management Discussion
  • EastGroup signed 160 leases with certain free rent concessions on 4,281,000 square feet during 2019 with total free rent concessions of $6,114,000 over the lives of the leases, compared to 132 leases with free rent concessions on 3,800,000 square feet with total free rent concessions of $5,944,000 over the lives of the leases in 2018.
  • The Company’s percentage of leased square footage was 97.6% at December 31, 2019, compared to 97.3% at December 31, 2018.  Occupancy at the end of 2019 was 97.1% compared to 96.8% at December 31, 2018.
  • Same property average occupancy represents the average month-end percentage of leased square footage for which the lease term has commenced as compared to the total leasable square footage for the same operating properties owned during the entire current and prior year reporting periods (January 1, 2018 through December 31, 2019). Same property average occupancy for the year ended December 31, 2019, was 96.9% compared to 96.3% for 2018.
Content analysis ?
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