Justin Paget Shares of EastGroup Properties, Inc. (NYSE:EGP) have seen a small setback lately, although those shares have outperformed many industrial/logistics REITs. This relative outperformance is likely driven by upbeat comments of the business and lower leverage employed. While I like industrial REITs at large, and the positioning to the Sunbelt states is promising, I fail to award shares a premium valuation here. I furthermore struggle with the focus on absolute growth rather than growth per share, as ...

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Paramount Group (PGRE) and EastGroup Properties (EGP) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimat ...

公司信息 - EastGroup Properties, Inc.将于2024年4月24日举行第一季度收益电话会议和网络直播[1] - 公司计划在2024年4月23日市场收盘后发布本季度的财务结果[2] - EastGroup是一家自管的股权房地产投资信托公司，专注于在美国主要Sunbelt市场开发、收购和运营工业物业[4]

JACKSON, Miss., March 8, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.27 per share payable on April 15, 2024, to shareholders of record of Common Stock on March 28, 2024. This dividend is the 177th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $5.08 per share. EastGroup has increased or maintained its dividend for 31 consecu ...

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Pebblebrook Hotel (PEB) and EastGroup Properties (EGP) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision tren ...

公司业务活动 - 公司宣布最近的业务活动[1] 公司业绩数据 - 公司CEO表示，2024年第一季度至今，公司的出租率和租赁趋势与去年底持续，出租率达到97.9%，占用率为97.6%[2] - 公司在2024年第一季度至今与191,730股普通股签订了前向股权出售协议，预计可获得约59,628,000美元的总收益[3] 公司活动安排 - 公司将于2024年3月4日下午5:00在Citi 2024全球房地产CEO大会上进行管理层演讲[4]

公司基本信息 - Pebblebrook Hotel (PEB) 和 EastGroup Properties (EGP) 是两家上市公司，PEB 的 Zacks Rank 为 2 (Buy)，而 EGP 的 Zacks Rank 为 3 (Hold) [3] 估值比较 - PEB 目前的前瞻市盈率为 10.16，而 EGP 的前瞻市盈率为 22.13，PEB 的 PEG 比率为 0.73，而 EGP 的 PEG 比率为 2.61 [6] 价值评级 - PEB 的市净率为 0.64，而 EGP 的市净率为 3.26，根据这些指标，PEB 的价值评级为 A，而 EGP 的价值评级为 F [7] 投资建议 - 基于其稳固的盈利前景和估值数据，PEB 目前被认为是更优质的价值投资选项 [8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ COMMISSION FILE NUMBER 1-07094 EASTGROUP PROPERTIES, INC. (Exact Name of Registrant as Specified in its Charter) Maryland 13-2711135 (St ...

Richard Darko/iStock via Getty Images Co-produced by Austin Rogers. In the post-pandemic years of 2021 through 2023, commercial real estate (with the exception of the office sector) enjoyed an almost uniformly strong environment characterized by rising occupancy and strong rent growth. At the tip of the pyramid in terms of strength is industrial real estate. According to a December 2023 report by CommercialEdge, in-place rents for industrial real estate rose 7.4% year-over-year, while the national vacan ...

财务数据和关键指标变化 - 2023年第四季度资金来源(FFO)同比增长11.5%,全年增长11.3% [9] - 2023年第四季度末占用率上升50个基点至98.2% [10] - 2023年第四季度租赁率上升20个基点至98.7% [11] - 2023年第四季度再租赁价差创纪录,GAAP价差62%,现金价差43% [12] - 2023年第四季度现金同店NOI同比增长7.5%,全年增长8% [13] 各条业务线数据和关键指标变化 - 公司租户集中度下降,前10大租户占比从2022年第四季度的8.6%下降至7.9% [13] 各个市场数据和关键指标变化 - 加州市场表现相对较弱,旧金山和洛杉矶地区出现一些空置 [117][118][119][120][121] - 其他市场如佛罗里达、拉斯维加斯、亚特兰大等表现较好 [122][123] 公司战略和发展方向 - 公司将继续关注通过提升租金、开发和收购来创造价值 [14] - 由于资本市场环境,公司看到了更多战略性收购机会,已完成了6笔收购 [33][34][35][36][37][38][39] - 2024年公司计划启动3亿美元的新开发项目,但可能会更多集中在下半年 [16][23] 管理层对经营环境和未来前景的评论 - 公司认为行业供给下降将有利于公司继续提升租金和创造开发机会 [17][18][127][128][129][130][131][132][133] - 公司认为长期趋势如人口迁移、近岸制造和物流链变化将为公司带来利好 [54][55][56][57][58] 问答环节重要的提问和回答 问题1 **Craig Mailman 提问** 公司在收购环境方面的情况如何,与开发相比有何优势? [31][32] **Marshall Loeb 回答** 公司最近完成了6笔收购,平均楼龄1.5年,GAAP收益率约6.5%,相比开发具有一定优势 [33][34][35][36][37][38][39][40][41][42][43][44] 问题2 **Samir Khanal 提问** 公司对未来开发启动的计划如何,是否会根据市场供给情况进行调整? [126][127][128][129][130][131][132][133] **Marshall Loeb 回答** 公司将根据市场需求情况谨慎调整开发启动节奏,预计2024年开发启动规模为3亿美元,可能会更多集中在下半年 [16][127][128][129][130][131][132][133] 问题3 **Ronald Kamdem 提问** 公司是否看到一些潜在的收购机会,是否有一些"有动力"的卖家? [184][185][186][187][188] **Marshall Loeb 回答** 公司虽然未看到广泛的"困境"资产,但发现一些卖家由于资本需求等原因较为"有动力",公司可以利用自身的资金优势进行收购 [184][185][186][187][188]