Capitalizing On Mispriced Risk With REITs Exposed To Texas
Brad Thomas - at Seeking Alpha - Fri Feb 06, 6:00AM CST
ROIC: 17.27 (-0.08), KIM: 26.83 (-0.25), UDF: 16.50 (+0.28), CPT: 75.24 (-1.03), EGP: 63.25 (-0.28), BRX: 26.27 (-0.07)
EastGroup Properties' (EGP) CEO David Hoster on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Tue Feb 03, 3:31PM CST
EGP: 63.25 (-0.28)
The Importance Of Capital Allocation Within REITs
Chilton REIT Team - Seeking Alpha - Tue Feb 03, 6:35AM CST
From 2008-2010, there were over $12 billion of REIT impairments as management teams had to write down acquisitions, land, and development projects pursued at the peak of the market. Additionally, the sharp decline witnessed with asset values forced...
GGP: 29.25 (-0.28), AMRE: 26.51 (unch), CPT: 75.24 (-1.03), AVB: 170.82 (-2.57), EGP: 63.25 (-0.28), PLD: 43.81 (-0.96)
Eastgroup sees 4.3% FFO growth at midpoint in 2015
Seeking Alpha - at Seeking Alpha - Mon Feb 02, 3:28PM CST
EGP: 63.25 (-0.28)
Eastgroup Properties FFO in-line, beats on revenue
Seeking Alpha - at Seeking Alpha - Mon Feb 02, 3:05PM CST
EGP: 63.25 (-0.28)
EastGroup Properties Announces Record Setting Fourth Quarter And Year 2014 Results
PR Newswire - Mon Feb 02, 3:01PM CST
FOURTH QUARTER 2014 RESULTS
EGP: 63.25 (-0.28)
A REIT With Significant Exposure To Texas And Oil-Producing States: Short EastGroup Properties
Mark Petrov - at Seeking Alpha - Wed Jan 28, 11:51AM CST
EGP: 63.25 (-0.28)
EastGroup Properties Announces The Income Tax Treatment Of Its 2014 Distributions
PR Newswire - Mon Jan 26, 1:14PM CST
EastGroup Properties, Inc. (NYSE: EGP) announced today the income tax treatment of its 2014 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup Properties distributions.
EGP: 63.25 (-0.28)
EastGroup Properties sets succession plan in motion
Seeking Alpha - at Seeking Alpha - Thu Jan 22, 3:32PM CST
EGP: 63.25 (-0.28)
EastGroup Properties Announces Executive Succession Plan
PR Newswire - Thu Jan 22, 3:10PM CST
EastGroup Properties (NYSE-EGP) today announced that its Board of Directors has implemented an executive succession plan, pursuant to which Marshall A. Loeb has been appointed to the positions of President and Chief Operating Officer effective March 1, 2015. Mr. Loeb will become President and Chief Executive Officer January 1, 2016 and will succeed David H. Hoster II, who has been President of the Company since 1994 and its CEO since 1997. Mr. Hoster will remain on the Board and become its Chairman January 1, 2016. Also, as part of this transition, Leland R. Speed, who is currently Chairman of the Board of Directors, has agreed to remain on the Board as its Chairman Emeritus. Both of these changes are subject to Mr. Hoster and Mr. Speed being reelected as Directors by the stockholders, and elected by the Board to these positions. Mr. Speed has been a Director since 1978, Chairman since 1983 and was Chief Executive Officer from 1983 to 1997. These changes are the result of a succession plan that the Board believes is necessary to ensure experience, knowledge transfer and continuity.
EGP: 63.25 (-0.28)
Credit Suisse makes REIT coverage moves
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 9:08AM CST
DDR: 19.41 (-0.28), VNO: 112.96 (-0.74), HST: 23.62 (-0.08), KIM: 26.83 (-0.25), KRC: 76.22 (-0.94), EQY: 26.97 (-0.23), BEE: 13.16 (-0.23), CPT: 75.24 (-1.03), EGP: 63.25 (-0.28), AHT: 10.63 (-0.04), MAC: 85.88 (-1.33)
Upgrade Alert for EastGroup Properties (EGP)
Comtex SmarTrend(R) - Wed Jan 21, 8:09AM CST
EastGroup Properties (NYSE:EGP) was upgraded from Neutral to Outperform at Credit Suisse today. The stock closed yesterday at $65.43 on volume of 113,000 shares, below average daily volume of 206,000. In the past 52 weeks, EastGroup Properties share prices have been bracketed by a low of $56.78 and a high of $69.90 and closed yesterday at $65.43, 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.
EGP: 63.25 (-0.28)
My Best REIT Advice For 2015
Brad Thomas - at Seeking Alpha - Tue Jan 06, 6:00AM CST
AAT: 42.52 (-0.44), HST: 23.62 (-0.08), FPI: 11.35 (+0.16), AMT: 96.40 (+0.43), DEI: 29.24 (-0.20), HT: 6.51 (-0.08), JLL: 161.15 (+0.18), CSG: 8.40 (-0.03), DFT: 31.83 (-0.17), BFS: 55.64 (+0.07), HTA: 27.93 (-0.24), AEC: 23.85 (-0.32), HME: 67.76 (-0.96), ALX: 453.22 (-6.93), CHSP: 36.98 (-0.12), ARE: 94.90 (-1.29), IRT: 9.29 (+0.02), IRM: 39.37 (-1.10), EXR: 65.33 (-0.32), FRT: 143.96 (-0.58), COR: 48.08 (+1.08), ALEX: 40.08 (+0.12), EDR: 34.84 (-0.24), DDR: 19.41 (-0.28), GEO: 42.83 (+0.03), APTS: 10.36 (-0.06), AVB: 170.82 (-2.57), ESS: 226.69 (-1.30), ARCP: 9.40 (+0.06), CTO: 59.94 (-1.63), BRX: 26.27 (-0.07), ADC: 33.36 (+0.06), CCI: 88.00 (+0.41), CLDT: 30.42 (-0.51), CPT: 75.24 (-1.03), DLR: 68.65 (-2.07), AKR: 35.47 (-0.38), ELS: 53.71 (-0.58), ACC: 43.30 (-0.25), FR: 21.57 (-0.13), INN: 13.05 (+0.08), EGP: 63.25 (-0.28), FCH: 10.55 (+0.01), CUZ: 11.26 (+0.25), EPR: 61.68 (-0.30), AVIV: 36.45 (-0.08), BMR: 22.85 (-0.13), HCP: 42.87 (+0.20), HCN: 77.12 (-0.33), GTY: 18.06 (-0.12), CBL: 20.52 (-0.14), HPT: 32.09 (-0.32), CUBE: 24.28 (-0.32), DRH: 14.67 (-0.08), HCT: 13.11 (+0.09), GGP: 29.25 (-0.28), CXW: 39.92 (+0.72), CONE: 28.78 (-0.25), GPT: 6.83 (+0.04), CORR: 6.81 (-0.02), CTT: 11.50 (+0.02), EQR: 78.75 (-1.11)
EastGroup Properties Announces Fourth Quarter 2014 Earnings Conference Call And Webcast
PR Newswire - Mon Jan 05, 2:30PM CST
EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Tuesday, February 3, 2015 at 11:00 A.M. Eastern Standard Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the fourth quarter results and discuss EastGroup's current operations.
EGP: 63.25 (-0.28)
Downgrade Alert for EastGroup Properties (EGP)
Comtex SmarTrend(R) - Fri Dec 19, 7:01AM CST
EastGroup Properties (NYSE:EGP) was downgraded from Buy to Neutral at Goldman Sachs today. The stock closed yesterday at $63.73 on volume of 173,000 shares, below average daily volume of 175,000. Potential upside of 2.4% exists for EastGroup Properties, based on a current level of $63.73 and analysts' average consensus price target of $65.25. The stock should run into initial resistance at its 200-day moving average (MA) of $63.91 and subsequent resistance at its 50-day MA of $65.91.
EGP: 63.25 (-0.28)
Eastgroup Properties boosted by upgrade
Seeking Alpha - at Seeking Alpha - Mon Dec 08, 9:10AM CST
EGP: 63.25 (-0.28)
EastGroup Properties declares 140th consecutive dividend of USD0.57 per share for quarter
M2 - Mon Dec 08, 4:27AM CST
The board of directors of EastGroup Properties (NYSE:EGP), a real estate investment trust, approved a common stock cash dividend of USD.57 per share for the quarter, the company disclosed on Friday.
EGP: 63.25 (-0.28)
Eastgroup Properties declares $0.57 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 05, 12:21PM CST
EGP: 63.25 (-0.28)
EastGroup Properties Announces 140th Consecutive Quarterly Cash Dividend
PR Newswire - Fri Dec 05, 12:16PM CST
EastGroup Properties (NYSE: EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.57 per share payable on December 31, 2014 to shareholders of record of Common Stock on December 19, 2014. This dividend is the 140th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $2.28 per share. EastGroup has increased or maintained its dividend for 22 consecutive years and increased it 19 years over that period.
EGP: 63.25 (-0.28)