David Hoster - EastGroup Properties Independent Chairman of the Board
| EGP Stock | USD 155.92 0.18 0.12% |
Chairman
Mr. David H. Hoster, II is an Independent Chairman of the Board of the Company. Mr. Hoster is Chairman of the Board of Directors, a position he has held since January 2016. Previously, he was the Chief Executive Officer of the Company from 1997 to December 2015. He has served as a director since 1993 and was President of the Company from 1993 to March 2015. His leadership experience and knowledge of the Company and the industry in which we operate, including 40 years involvement with publicly held REITs and extensive experience with industrial real estate, provide valuable insight to the Board in formulating and executing the Companys strategy since 2016.
| Age | 74 |
| Tenure | 8 years |
| Professional Marks | MBA |
| Address | 400 W. Parkway Place, Ridgeland, MS, United States, 39157-6005 |
| Phone | 601 354 3555 |
| Web | https://www.eastgroup.net |
EastGroup Properties Management Efficiency
The company has Return on Asset of 0.0339 % which means that on every $100 spent on assets, it made $0.0339 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0914 %, implying that it generated $0.0914 on every 100 dollars invested. EastGroup Properties' management efficiency ratios could be used to measure how well EastGroup Properties manages its routine affairs as well as how well it operates its assets and liabilities. At this time, EastGroup Properties' Return On Tangible Assets are relatively stable compared to the past year. As of 04/28/2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.12. At this time, EastGroup Properties' Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 04/28/2024, Non Current Liabilities Total is likely to grow to about 1.8 B, while Total Current Liabilities is likely to drop slightly above 140.8 M.Similar Executives
| Found 11 records | CHAIRMAN Age | ||
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| Richard Rouse | LXP Industrial Trust | 70 | |
| Richard Ziman | Rexford Industrial Realty | 77 | |
| ERobert Roskind | LXP Industrial Trust | 71 | |
| T Eglin | LXP Industrial Trust | 55 | |
| Matthew Dominski | First Industrial Realty | 66 | |
| Mark Patterson | Americold Realty Trust | 60 | |
| W Baird | Terreno Realty | 60 | |
| Ed Tyler | First Industrial Realty | 61 | |
| Jeffrey Gault | Americold Realty Trust | 71 | |
| Jeffrey Witherell | Plymouth Industrial REIT | 59 | |
Management Performance
| Return On Equity | 0.0914 | ||||
| Return On Asset | 0.0339 |
EastGroup Properties Leadership Team
Elected by the shareholders, the EastGroup Properties' board of directors comprises two types of representatives: EastGroup Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EastGroup. The board's role is to monitor EastGroup Properties' management team and ensure that shareholders' interests are well served. EastGroup Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EastGroup Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Staci CPA, Chief VP | ||
| Mary McCormick, Independent Director | ||
| Wendi Joyner, IR Contact Officer | ||
| D Aloian, Independent Director | ||
| Brian CPA, Chief VP | ||
| Donald Colleran, Independent Director | ||
| Fredric Gould, Independent Director | ||
| H Bailey, Independent Director | ||
| Staci Tyler, Senior Vice President, Chief Accounting Officer, Secretary | ||
| David Fields, Independent Director | ||
| Chris Segrest, Managing Florida | ||
| David Osnos, Lead Independent Director | ||
| Shelby Trusty, Director Resources | ||
| Ceejaye Peters, VP Counsel | ||
| Brent Wood, Chief Financial Officer, Executive Vice President, Treasurer | ||
| Eric Bolton, Independent Director | ||
| Bruce Corkern, Senior Vice President Chief Accounting Officer, Controller, Assistant Secretary | ||
| Hugh Bailey, Independent Director | ||
| Ryan Collins, Senior Vice President | ||
| H Bolton, Lead Independent Director | ||
| William Petsas, Sr. VP | ||
| C Corkern, Senior Vice President Chief Accounting Officer, Secretary | ||
| David Hoster, Independent Chairman of the Board | ||
| Keith McKey, CFO, Executive Vice President Secretary, Treasurer | ||
| Katherine Sandstrom, Independent Director | ||
| R Dunbar, Senior Vice President | ||
| Marshall Loeb, President, Chief Executive Officer, Director | ||
| John Coleman, Executive Vice President | ||
| Wendi Powers, IR Contact Officer | ||
| Leland Speed, Independent Non-Executive Chairman Emeritus of the Board | ||
| Hayden Eaves, Independent Director | ||
| Pike Aloian, Independent Director | ||
| Reid Dunbar, Senior Vice President |
EastGroup Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is EastGroup Properties a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0914 | ||||
| Return On Asset | 0.0339 | ||||
| Profit Margin | 0.36 % | ||||
| Operating Margin | 0.38 % | ||||
| Current Valuation | 9.14 B | ||||
| Shares Outstanding | 48.14 M | ||||
| Shares Owned By Insiders | 1.00 % | ||||
| Shares Owned By Institutions | 92.50 % | ||||
| Number Of Shares Shorted | 894.48 K | ||||
| Price To Earning | 55.02 X |
EastGroup Properties Investors Sentiment
The influence of EastGroup Properties' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EastGroup. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to EastGroup Properties' public news can be used to forecast risks associated with an investment in EastGroup. The trend in average sentiment can be used to explain how an investor holding EastGroup can time the market purely based on public headlines and social activities around EastGroup Properties. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
EastGroup Properties' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for EastGroup Properties' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average EastGroup Properties' news discussions. The higher the estimated score, the more favorable is the investor's outlook on EastGroup Properties.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EastGroup Properties in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EastGroup Properties' short interest history, or implied volatility extrapolated from EastGroup Properties options trading.
Pair Trading with EastGroup Properties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EastGroup Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EastGroup Properties will appreciate offsetting losses from the drop in the long position's value.Moving together with EastGroup Stock
| 0.92 | FR | First Industrial Realty Earnings Call This Week | PairCorr |
Moving against EastGroup Stock
| 0.52 | AHT-PD | Ashford Hospitality Trust | PairCorr |
| 0.41 | AHT-PI | Ashford Hospitality Trust | PairCorr |
The ability to find closely correlated positions to EastGroup Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EastGroup Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EastGroup Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EastGroup Properties to buy it.
The correlation of EastGroup Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EastGroup Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EastGroup Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EastGroup Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.
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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 4.63 | 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.