After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
EGP belongs to the Real Estate sector of the NYSE while operating in the REIT – Industrial industry. The current market capitalization of Eastgroup Properties, Inc is $8.65B. A total of 0.75 million shares were traded on the day, compared to an average of 340.48K shares.
In the most recent transaction, WOOD BRENT sold 1,670 shares of EGP for 184.42 per share on Sep 12 ’24. After the transaction, the Executive Vice President & CFO now owns 110,926 company shares. In a previous transaction on Sep 12 ’24, Dunbar Richard Reid sold 1,650 shares at 183.99 per share. EGP shares that Senior Vice President owns now total 20,057.
Among the insiders who bought shares, RICHARD REID DUNBAR acquired of 1,650 shares on Sep 12 ’24 at a per-share price of $183.99. In another insider transaction, BRENT W. WOOD bought 1,670 shares at $184.42 per share on Sep 12 ’24.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Eastgroup Properties, Inc pays an annual dividend of $5.34, resulting in a dividend yield of 3.06%, and it has a price to earnings (P/E) ratio of 37.54. EGP’s most recent ex-dividend date was 3.28% when it declared a $1.40 quarterly dividend that was paid in cash on 12/31/2024. Previously, the company paid the dividend on 9/30/2024 with an ex-dividend date of 3%. The EGP stock dividend was $1.40 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, EGP has a high of $192.61 and a low of $155.10.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. EGP’s latest balance sheet shows that the firm has $4.39M in Cash & Short Term Investments as of fiscal 2021. There were $1.48B in debt and $333.23M in liabilities at the time. Its Book Value Per Share was $57.56, while its Total Shareholder’s Equity was $1.57B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EGP is Buy with a score of 4.30.
