Critical Review: EastGroup Properties (NYSE:EGP) & FIBRA Prologis (OTCMKTS:FBBPF)

EastGroup Properties (NYSE:EGP) and FIBRA Prologis (OTCMKTS:FBBPF) are both real estate companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation.

Institutional and Insider Ownership

92.1% of EastGroup Properties shares are held by institutional investors. 1.0% of EastGroup Properties shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares EastGroup Properties and FIBRA Prologis’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
EastGroup Properties	40.47%	8.61%	5.59%
FIBRA Prologis	N/A	N/A	N/A

Analyst Ratings

This is a summary of recent ratings and target prices for EastGroup Properties and FIBRA Prologis, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EastGroup Properties	0	6	12	0	2.67
FIBRA Prologis	0	2	2	0	2.50

EastGroup Properties currently has a consensus price target of $221.11, suggesting a potential upside of 9.14%. Given EastGroup Properties’ stronger consensus rating and higher possible upside, equities research analysts clearly believe EastGroup Properties is more favorable than FIBRA Prologis.

Earnings & Valuation

This table compares EastGroup Properties and FIBRA Prologis”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
EastGroup Properties	$721.34 million	15.10	$257.40 million	$5.70	35.54
FIBRA Prologis	N/A	N/A	N/A	N/A	N/A

EastGroup Properties has higher revenue and earnings than FIBRA Prologis.

Summary

EastGroup Properties beats FIBRA Prologis on 9 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 FIBRA Prologis

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2023, FIBRA Prologis was comprised of 235 logistics and manufacturing facilities in six industrial markets in Mexico totaling 46.9 million square feet (4.4 million square meters) of gross leasable area.