Eastgroup Properties

NYSE:EGP   12:47PM EDT
117.24
+0.67 (+0.57%)

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Market Cap (Intraday)4.31B
Current PE52.27
Forward PE 50.75
2yr Forward PE 41.14
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Estimates Current Quarter
Revenue$79.94 Million
Adjusted EPS$0.55
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10-Day MA$118.08
50-Day MA$114.85
200-Day MA$104.40
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EASTGROUP PROPERTIES INC Stock, NYSE:EGP

400 W. PARKWAY PLACE, SUITE 100, RIDGELAND, MS 39157
United States of America
Phone: 6013543555
Number of Employees: 68

Description

EastGroup Properties, Inc., a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. As of December 31, 2007, it owned 202 industrial properties and 1 office building, as well as approximately 1.7 million square feet properties in Florida, Texas, Arizona, and California. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided it distributes at least 90% of its REIT taxable income to its shareholders. EastGroup Properties, Inc. was founded in 1969 and is headquartered in Jackson, Mississippi.