Company Information

  

Address: 400 W. PARKWAY PLACE
SUITE 100 
City: RIDGELAND 
State: MS 
Zip Code: 39157 
Telephone: 601-354-3555 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

EastGroup Properties, Inc. (the Company or EastGroup) is an equity real estate investment trust (REIT) organized in 1969. The Company has elected to be taxed and intends to continue to qualify as a REIT under Sections 856-860 of the Internal Revenue Code (the Code), as amended. Available Information The Company maintains a website at eastgroup.net. The Company posts its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) of the Securities Exchange Act of 1934, as amended, as soon as reasonably practicable after it electronically files or furnishes such materials to the Securities and Exchange Commission (SEC).  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20182.900.64028.50
12/20172.440.64036.22
09/20172.390.64036.87
06/20172.370.62035.36
03/20172.640.62027.85
12/20162.930.62025.20
09/20162.830.62025.99
06/20162.760.60024.97

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.08Total Liab/Total Assets0.62
Net Inc/Total Assets0.04Total Liab/Inv Cap0.97
Net Inc/Inv Cap0.07Total Liab/Comm Equity1.13
Pretax Inc/Net Sales0.30Interest Coverage Ratio3.40
Net Inc/Net Sales0.30Curr Debt/Equity0.95
Cash Flow/Net Sales0.57LTD/Equity0.53
SG&A/NetSales0.35Total Debt/Equity1.48
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.15  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 72.20 71.36 68.75 67.89
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 24.14 24.13 23.31 23.15
Operating Income 26.38 25.45 24.42 23.88
Interest Exp 8.61 8.37 8.70 9.02
Pretax Income 28.75 17.67 15.97 36.98
Other Income 10.98 0.59 0.26 22.11
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 28.71 17.59 15.88 36.89

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 0.04 0.02 0.01 0.08
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,841.65 1,827.87 1,777.65 1,754.77
Total Assets 1,962.79 1,953.22 1,893.99 1,870.72
Liabilities        
Accounts Payable 46.83 64.97 66.83 48.90
Debt in Current Liabilities 713.12 713.06 653.18 653.07
Total Current Liabilities NA NA NA NA
Long-Term Debt 398.37 395.22 418.82 417.69
Total Liabilities 1,189.74 1,203.75 1,172.15 1,154.20
Stockholder's Equity        
Minority Interest 1.63 1.66 4.33 4.33
Preferred Stock NA NA NA NA
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -310.71 -317.03 -312.39 -306.22
Treasury Stock NA NA NA NA
Total Stockholders' Equity 773.05 749.47 721.85 716.51
Total Liabilities and Stockholders' Equity 1,962.79 1,953.22 1,893.99 1,870.72

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 21.71 32.31 55.51 43.38
Net Cash Provided by Investing Activities -11.22 -74.67 -44.40 -15.99
Net Cash Provided by Financing Activities -10.48 42.37 -11.18 -27.36

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013202.1733.221.05
12/2014219.8347.941.52
12/2015235.0147.871.49
12/2016253.0595.512.93
12/2017274.1583.182.44
Growth Rates7.9125.7923.47

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1827733,06694.63




Report Date : 6/18/2018

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