EastGroup Properties (NYSE:EGP – Get Free Report) and Horizon Group Properties (OTCMKTS:HGPI – Get Free Report) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, profitability, earnings, dividends and valuation.
Insider and Institutional Ownership
92.1% of EastGroup Properties shares are owned by institutional investors. 1.0% of EastGroup Properties shares are owned by insiders. Comparatively, 15.9% of Horizon Group Properties shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Valuation and Earnings
This table compares EastGroup Properties and Horizon Group Properties”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
EastGroup Properties | $625.34 million | 13.78 | $200.49 million | $4.84 | 35.95 |
Horizon Group Properties | N/A | N/A | N/A | N/A | N/A |
Analyst Ratings
This is a breakdown of recent ratings and price targets for EastGroup Properties and Horizon Group Properties, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
EastGroup Properties | 0 | 6 | 8 | 0 | 2.57 |
Horizon Group Properties | 0 | 0 | 0 | 0 | N/A |
EastGroup Properties currently has a consensus target price of $192.57, indicating a potential upside of 10.66%. Given EastGroup Properties’ higher possible upside, analysts clearly believe EastGroup Properties is more favorable than Horizon Group Properties.
Profitability
This table compares EastGroup Properties and Horizon Group Properties’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
EastGroup Properties | 37.16% | 8.69% | 4.98% |
Horizon Group Properties | N/A | N/A | N/A |
Volatility and Risk
EastGroup Properties has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Horizon Group Properties has a beta of 0.13, indicating that its stock price is 87% less volatile than the S&P 500.
Summary
EastGroup Properties beats Horizon Group Properties on 8 of the 9 factors compared between the two stocks.
About EastGroup Properties
EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, 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 20,000 to 100,000 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. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 59 million square feet.
About Horizon Group Properties
Based in Chicago, Illinois, Horizon Group Properties, Inc. has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.
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