EastGroup Properties is an internally-managed equity real estate investment trust. Co. is focused on the development, acquisition and operation of industrial properties in primary Sunbelt markets throughout the U.S., primarily in the states of Florida, Texas, Arizona, California and North Carolina. Co. has one reportable segment which is industrial properties. We show 55 historical shares outstanding datapoints in our EGP shares outstanding history coverage, used to compute EGP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EGP market cap history over the course of time is important for investors
interested in comparing EGP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EGP versus a peer is one thing; comparing
EGP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EGP can fluctuate over the course of history.
With this page we aim to empower investors researching EGP by allowing them to research the EGP market cap history. |
Free EGP Email Alerts:
Video: The Importance of Market Cap
