Eastgroup Properties Stock Price Prediction
| EGP Stock | USD 157.99 7.76 4.68% |
Oversold Vs Overbought
41
Oversold | Overbought |
EastGroup Properties stock price prediction is an act of determining the future value of EastGroup Properties shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of EastGroup Properties' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of EastGroup Properties and does not consider all of the tangible or intangible factors available from EastGroup Properties' fundamental data. We analyze noise-free headlines and recent hype associated with EastGroup Properties, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting EastGroup Properties' stock price prediction:Quarterly Earnings Growth 0.522 | EPS Estimate Next Quarter 1.08 | EPS Estimate Current Year 4.33 | EPS Estimate Next Year 4.87 | Wall Street Target Price 192.53 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of EastGroup Properties based on different types of headlines from major news networks to social media. The EastGroup stock price prediction module provides an analysis of price elasticity to changes in media outlook on EastGroup Properties over a specific investment horizon. Using EastGroup Properties hype-based prediction, you can estimate the value of EastGroup Properties from the perspective of EastGroup Properties response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards EastGroup Properties using EastGroup Properties' stock options and short interest. It helps to benchmark the overall future attitude of investors towards EastGroup using crowd psychology based on the activity and movement of EastGroup Properties' stock price.
EastGroup Properties Short Interest
A significant increase or decrease in EastGroup Properties' short interest from the previous month could be a good indicator of investor sentiment towards EastGroup. Short interest can provide insight into the potential direction of EastGroup Properties stock and how bullish or bearish investors feel about the market overall. An investor who is long EastGroup Properties may also wish to track short interest. As short interest increases, investors should be becoming more worried about EastGroup Properties and may potentially protect profits, hedge EastGroup Properties with its derivative instruments, or be ready for some potential downside.
200 Day MA 175.5685 | Short Percent 0.0241 | Short Ratio 2.68 | Shares Short Prior Month 760 K | 50 Day MA 176.9698 |
EastGroup Properties Hype to Price Pattern
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.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of EastGroup Properties' market sentiment to its price can help taders to make decisions based on the overall investors consensus about EastGroup Properties.
EastGroup Properties Implied Volatility | 0.0 |
EastGroup Properties' implied volatility exposes the market's sentiment of EastGroup Properties stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if EastGroup Properties' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that EastGroup Properties stock will not fluctuate a lot when EastGroup Properties' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in EastGroup Properties. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in EastGroup Properties to buy its stock at a price that has no basis in reality. In that case, they are not buying EastGroup because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
EastGroup Properties after-hype prediction price | USD 165.75 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
EastGroup |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EastGroup Properties' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
EastGroup Properties After-Hype Price Prediction Density Analysis
As far as predicting the price of EastGroup Properties at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in EastGroup Properties or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of EastGroup Properties, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
EastGroup Properties Estimiated After-Hype Price Volatility
In the context of predicting EastGroup Properties' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on EastGroup Properties' historical news coverage. EastGroup Properties' after-hype downside and upside margins for the prediction period are 164.46 and 167.04, respectively. We have considered EastGroup Properties' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
EastGroup Properties is very steady at this time. Analysis and calculation of next after-hype price of EastGroup Properties is based on 3 months time horizon.
EastGroup Properties Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as EastGroup Properties is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EastGroup Properties backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with EastGroup Properties, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.17 | 1.41 | 0.30 | 0.08 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
157.99 | 165.75 | 0.00 |
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EastGroup Properties Hype Timeline
On the 24th of April EastGroup Properties is traded for 157.99. The entity has historical hype elasticity of 0.3, and average elasticity to hype of competition of -0.08. EastGroup is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 79.66%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.17%. %. The volatility of related hype on EastGroup Properties is about 309.4%, with the expected price after the next announcement by competition of 157.91. About 93.0% of the company shares are held by institutions such as insurance companies. The book value of EastGroup Properties was currently reported as 54.77. The company last dividend was issued on the 27th of March 2024. EastGroup Properties had 3:2 split on the 8th of April 1997. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out EastGroup Properties Basic Forecasting Models to cross-verify your projections.EastGroup Properties Related Hype Analysis
Having access to credible news sources related to EastGroup Properties' direct competition is more important than ever and may enhance your ability to predict EastGroup Properties' future price movements. Getting to know how EastGroup Properties' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how EastGroup Properties may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TRNO | Terreno Realty | (2.43) | 9 per month | 0.00 | (0.12) | 2.61 | (2.67) | 11.35 | |
| PLYM | Plymouth Industrial REIT | (0.26) | 8 per month | 0.00 | (0.11) | 2.28 | (2.75) | 7.79 | |
| LXP | LXP Industrial Trust | (0.24) | 10 per month | 0.00 | (0.10) | 2.42 | (2.58) | 6.18 | |
| FR | First Industrial Realty | (0.48) | 9 per month | 0.00 | (0.19) | 2.02 | (2.52) | 11.14 | |
| REXR | Rexford Industrial Realty | 0.24 | 10 per month | 0.00 | (0.25) | 2.78 | (3.21) | 8.76 | |
| INDT | Indus Realty Trust | (0.17) | 7 per month | 0.00 | (0.82) | 0.15 | (0.08) | 0.48 | |
| COLD | Americold Realty Trust | 0.15 | 9 per month | 0.00 | (0.25) | 1.86 | (2.33) | 12.58 |
EastGroup Properties Additional Predictive Modules
Most predictive techniques to examine EastGroup price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for EastGroup using various technical indicators. When you analyze EastGroup charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About EastGroup Properties Predictive Indicators
The successful prediction of EastGroup Properties stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as EastGroup Properties, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of EastGroup Properties based on analysis of EastGroup Properties hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to EastGroup Properties's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to EastGroup Properties's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0144 | 0.0307 | 0.0272 | 0.0258 | Price To Sales Ratio | 22.4 | 12.95 | 14.55 | 15.27 |
Story Coverage note for EastGroup Properties
The number of cover stories for EastGroup Properties depends on current market conditions and EastGroup Properties' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that EastGroup Properties is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about EastGroup Properties' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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EastGroup Properties Short Properties
EastGroup Properties' future price predictability will typically decrease when EastGroup Properties' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of EastGroup Properties often depends not only on the future outlook of the potential EastGroup Properties' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EastGroup Properties' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.3 M | |
| Cash And Short Term Investments | 40.3 M |
Check out EastGroup Properties Basic Forecasting Models to cross-verify your projections. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 0.522 | Dividend Share 5.04 | Earnings Share 4.43 | Revenue Per Share 12.617 | Quarterly Revenue Growth 0.149 |
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.