What does EastGroup Properties, Inc. do?

Jun 22 2025 05:58 PM IST
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EastGroup Properties, Inc. is a mid-cap equity REIT that develops, acquires, and operates industrial properties primarily in Sunbelt markets across the U.S. As of March 2025, it reported net sales of $174 million and a net profit of $59 million.
Overview:
EastGroup Properties, Inc. is an equity real estate investment trust (REIT) focused on the development, acquisition, and operation of industrial properties in various Sunbelt markets across the United States, primarily in Florida, Texas, Arizona, California, and North Carolina. The company operates within the Realty industry and falls under the mid-cap market category. Financial Snapshot: Most recent Net Sales: 174 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 59 Million (Quarterly Results - Mar 2025) Market-cap: USD 8,957.12 Million (Mid Cap) Key Metrics: P/E: 39.00 Dividend Yield: 2.77% Debt Equity: -999,999.00 Return on Equity: 6.83% Price to Book: 2.68 Contact Details: Address: 400 W Parkway Pl Ste 100, RIDGELAND MS : 39157-6010 Tel: 1 601 3543555 Website: https://www.eastgroup.net/
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