Eastgroup Properties Stock Price on April 24, 2024
| EGP Stock | USD 165.87 0.92 0.55% |
Below is the normalized historical share price chart for EastGroup Properties extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EastGroup Properties stands at 165.87, as last reported on the 17th of May 2024, with the highest price reaching 166.74 and the lowest price hitting 165.58 during the day.
If you're considering investing in EastGroup Stock, it is important to understand the factors that can impact its price. EastGroup Properties secures Sharpe Ratio (or Efficiency) of -0.0893, which denotes the company had a -0.0893% return per unit of risk over the last 3 months. EastGroup Properties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EastGroup Properties' Standard Deviation of 1.33, mean deviation of 1.02, and Variance of 1.77 to check the risk estimate we provide.
At this time, EastGroup Properties' Total Stockholder Equity is relatively stable compared to the past year. As of 05/17/2024, Common Stock Shares Outstanding is likely to grow to about 47.6 M, while Capital Stock is likely to drop 4,583. . At this time, EastGroup Properties' Price To Sales Ratio is relatively stable compared to the past year. As of 05/17/2024, Price Earnings To Growth Ratio is likely to grow to 31.66, while Price To Book Ratio is likely to drop 1.77. EastGroup Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of March 1992 | 200 Day MA 173.7941 | 50 Day MA 169.9682 | Beta 0.97 |
EastGroup |
Sharpe Ratio = -0.0893
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EGP |
Estimated Market Risk
| 1.35 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EastGroup Properties is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EastGroup Properties by adding EastGroup Properties to a well-diversified portfolio.
Price Book 3.1449 | Enterprise Value Ebitda 23.6616 | Price Sales 14.3763 | Shares Float 47.3 M | Dividend Share 5.06 |
Related Headline
First Industrial Headline on 24th of April 2024
VERTEX UND TREEFROG THERAPEUTICS GEBEN LIZENZVEREINBARUNG UN... by prnewswire.com
PRNewswire -- Vertex Pharmaceuticals Incorporated und TreeFrog Therapeutics gaben heute bekannt, dass Vertex eine exklusive Lizenz fr...
EastGroup Properties Valuation on April 24, 2024
It is possible to determine the worth of EastGroup Properties on a given historical date. On April 24, 2024 EastGroup was worth 163.04 at the beginning of the trading date compared to the closed value of 157.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EastGroup Properties stock. Still, in general, we apply an absolute valuation method to find EastGroup Properties' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of EastGroup Properties where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EastGroup Properties' related companies.
| Open | High | Low | Close | Volume | |
| 163.50 | 166.43 | 162.90 | 165.75 | 322,230 | |
04/24/2024 | 163.04 | 164.98 | 157.40 | 157.99 | 804,757 |
| 157.41 | 158.73 | 155.23 | 155.74 | 432,851 |
| Backtest EastGroup Properties | | | EastGroup Properties History | | | EastGroup Properties Valuation | Previous | Next |
EastGroup Properties Trading Date Momentum on April 24, 2024
| On April 25 2024 EastGroup Properties was traded for 155.74 at the closing time. Highest EastGroup Properties's price during the trading hours was 158.73 and the lowest price during the day was 155.23 . The net volume was 432.9 K. The overall trading history on the 25th of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.42% . The overall trading delta to current price is 1.77% . |
EastGroup Properties Fundamentals Correlations and Trends
By evaluating EastGroup Properties' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among EastGroup Properties' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EastGroup financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EastGroup Properties Stock history
EastGroup Properties investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for EastGroup is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EastGroup Properties will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing EastGroup Properties stock prices may prove useful in developing a viable investing in EastGroup Properties
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.3 M | 47.6 M | |
| Net Income Applicable To Common Shares | 214.1 M | 224.8 M |
EastGroup Properties Stock Technical Analysis
EastGroup Properties technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
EastGroup Properties Period Price Range
Low | April 24, 2024
| High |
163.04 | 157.99 |
EastGroup Properties May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how EastGroup Properties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EastGroup Properties shares will generate the highest return on investment. By undertsting and applying EastGroup Properties stock market strength indicators, traders can identify EastGroup Properties entry and exit signals to maximize returns
| Accumulation Distribution | 36974.53 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 161.19 | |||
| Day Typical Price | 160.12 | |||
| Price Action Indicator | (5.72) | |||
| Period Momentum Indicator | 7.88 |
EastGroup Properties Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EastGroup Properties' price direction in advance. Along with the technical and fundamental analysis of EastGroup Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EastGroup to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.1) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EastGroup Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in EastGroup Stock, please use our How to Invest in EastGroup Properties guide.Note that the EastGroup Properties information on this page should be used as a complementary analysis to other EastGroup Properties' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for EastGroup Stock analysis
When running EastGroup Properties' price analysis, check to measure EastGroup Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EastGroup Properties is operating at the current time. Most of EastGroup Properties' value examination focuses on studying past and present price action to predict the probability of EastGroup Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EastGroup Properties' price. Additionally, you may evaluate how the addition of EastGroup Properties to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Is EastGroup Properties' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EastGroup Properties. If investors know EastGroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EastGroup Properties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.196 | Dividend Share 5.06 | Earnings Share 4.62 | Revenue Per Share 12.752 | Quarterly Revenue Growth 0.142 |
The market value of EastGroup Properties is measured differently than its book value, which is the value of EastGroup that is recorded on the company's balance sheet. Investors also form their own opinion of EastGroup Properties' value that differs from its market value or its book value, called intrinsic value, which is EastGroup Properties' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EastGroup Properties' market value can be influenced by many factors that don't directly affect EastGroup Properties' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EastGroup Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if EastGroup Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EastGroup Properties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.