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Reit Industrial
Sure, here're some general information regarding Reit Industrial (symbol: EGP)
About:
Reit Industrial, also known as Eagle Guaranty Programs, is a real estate investment firm that focuses on delivering luxury industrial- Dienstleistungstag' targeting the logistics, warehousing, and distribution segments. Their main goal is to generate long-term revenue expansion potential by identifying and buying industrial buildings at a discount, then upgrading and modernizing the infrastructure facilities, and lastly, stabilizing and running income-generating properties.
Key financial Highlights:
* Revenue expansion potential: 5-year increase of 11.1%.
* Net income: 141.85 million.
* Net margin: 42.18%.
* Gross margin: 59.75%.
* Operating cash flow: -48.15 million.
Earnings:
* The company has reported its quarterly earnings, with revenues at $49.8 million, surpassing expectations by $4.42 million.
* Estimated earnings growth in the next five years is 5%.
* EPS is 0.843 per share while the annual dividend yield is 4.47$.
Segment high lights:
* Revenue growth: a five-year average of 11.10%.
* Operating and net income margins are 55.58% and 42.18%, respectively.
* Debt-to-equity ratio of 0.72.
Growth & Income:
* The stock prices have grown by 20.5% over the previous year.
* The one-year revenue growth is 16.8%.
Dividend:
EGP's dividends have increased by 12.9% over the past five years.
* The company paid a quarterly dividend of $0.2575 per share on April 15, 2023.
* The dividend yield is currently 4.63%.
* The trailing annual dividend payout is $1.02.
Valuation:
* The stock is slightly overvalued, with a PEG ratio of 2.25.
* The stock is trading above its 50-day moving average of $21.84 and less than its 200-day moving average of $27.33.
* EGP has a trailing twelve months P/E ratio of 29.67.
Conclusion:
Reit Industrial (EGP) stock appears to be a good investment due to its high revenue growth, solid financials, and steady dividend growth. However, a cautious approach is recommended, keeping in mind the slightly overvalued PEG ratio.