EastGroup Properties, Inc.

EastGroup Properties, Inc.verified

EGP

Price:

$184.94

Market Cap:

$9.01B

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 clu...[Read more]

Industry

REIT - Industrial

IPO Date

1983-10-21

Stock Exchange

NYSE

Ticker

EGP

The Current Ratio as of September 2024 (TTM) for EastGroup Properties, Inc. (EGP) is 0.70

According to EastGroup Properties, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.70. This represents a change of 12.25% compared to the average of 0.62 of the last 4 quarters.

EastGroup Properties, Inc. (EGP) Historical Current Ratio (quarterly & annually)

How has EGP Current Ratio performed in the past?

The mean historical Current Ratio of EastGroup Properties, Inc. over the last ten years is 0.26. The current 0.70 Current Ratio has changed 26.52% with respect to the historical average. Over the past ten years (40 quarters), EGP's Current Ratio was at its highest in in the December 2023 quarter at 0.80. The Current Ratio was at its lowest in in the December 2019 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.26

Median

0.21

Minimum

0.00

Maximum

0.80

EastGroup Properties, Inc. (EGP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of EastGroup Properties, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.04%

Maximum Annual Current Ratio = 0.80

Minimum Annual Increase = -99.36%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.80236.76%
20220.24-15.39%
20210.28-20.63%
20200.3532.04%
20190.00-99.36%
20180.17-4.87%
20170.187.28%
20160.17-10.95%
20150.19-23.76%
20140.25-4.65%

EastGroup Properties, Inc. (EGP) Average Current Ratio

How has EGP Current Ratio performed in the past?

The current Current Ratio of EastGroup Properties, Inc. (EGP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.44

5-year avg

0.33

10-year avg

0.26

EastGroup Properties, Inc. (EGP) Current Ratio vs. Peers

How is EGP’s Current Ratio compared to its peers?

EastGroup Properties, Inc.’s Current Ratio is less than Terreno Realty Corporation (1.50), greater than Plymouth Industrial REIT, Inc. (0.42), less than LXP Industrial Trust (1.12), greater than First Industrial Realty Trust, Inc. (0.35), less than Rexford Industrial Realty, Inc. (0.92), less than INDUS Realty Trust, Inc. (1.02), greater than Americold Realty Trust, Inc. (0.39),

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