Eastgroup Properties

NYSE:EGP  
132.00
-0.28 (-0.21%)
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Market Cap (Intraday)5.06B
Current PE55.53
Forward PE 53.66
2yr Forward PE 50.19
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Estimates Current Quarter
Revenue$85.68 Million
Adjusted EPS$0.57
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10-Day MA$131.59
50-Day MA$128.13
200-Day MA$116.87
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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.