EastGroup Properties, Inc.

NYSE EGP

EastGroup Properties, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2024: USD 16.96 M

EastGroup Properties, Inc. Cash and Short-Term Investments is USD 16.96 M for the quarter ending September 30, 2024, a 4,433.96% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.

EastGroup Properties, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2023 was USD 374.00 K, a -92.29% change year over year.
EastGroup Properties, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2022 was USD 4.85 M, a 1,862.75% change year over year.
EastGroup Properties, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2021 was USD 247.00 K, a 1,200.00% change year over year.
EastGroup Properties, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2020 was USD 19.00 K, a -85.38% change year over year.

Key data

Date	Cash and Short-Term Investments	Receivables	Inventory	Goodwill

NYSE: EGP

EastGroup Properties, Inc.

CEO	Mr. Marshall A. Loeb
IPO Date	Oct. 21, 1983
Location	United States
Headquarters	400 West Parkway Place
Employees	95
Sector	Real Estate
Industries Industrial REITs Diversified REITs Office REITs Retail REITs

Description

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet.

Key trends

Past 5 years