EastGroup Properties, Inc. (EGP)

NYSE: EGP · Real-Time Price · USD
156.60
+1.54 (0.99%)
Apr 14, 2025, 4:00 PM EDT - Market closed
0.99%
Market Cap 8.13B
Revenue (ttm) 638.53M
Net Income (ttm) 227.75M
Shares Out 51.94M
EPS (ttm) 4.66
PE Ratio 33.61
Forward PE 31.92
Dividend $5.60 (3.58%)
Ex-Dividend Date Mar 31, 2025
Volume 438,308
Open 155.83
Previous Close 155.06
Day's Range 154.21 - 158.11
52-Week Range 137.67 - 192.61
Beta 0.96
Analysts Buy
Price Target 190.13 (+21.41%)
Earnings Date Apr 23, 2025

About EGP

EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 2000 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 Texas, Florida, California, Arizona 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 locatio... [Read more]

Sector Real Estate
Founded 1969
Employees 101
Stock Exchange NYSE
Ticker Symbol EGP
Full Company Profile

Financial Performance

In 2024, EastGroup Properties's revenue was $638.53 million, an increase of 12.73% compared to the previous year's $566.40 million. Earnings were $227.75 million, an increase of 13.60%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for EGP stock is "Buy." The 12-month stock price forecast is $190.13, which is an increase of 21.41% from the latest price.

Price Target
$190.13
(21.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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EastGroup Properties Announces Standardization of Key Property Metrics among Industrial REITs

JACKSON, Miss. , April 1, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today a coalition of industrial real estate investment...

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EastGroup Properties Announces First Quarter 2025 Earnings Conference Call and Webcast

JACKSON, Miss. , March 25, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its First Quarter 2025 Earnings Conference Call ...

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EastGroup Properties Announces 181st Consecutive Quarterly Cash Dividend

JACKSON, Miss. , March 7, 2025 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 p...

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EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conference

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EastGroup Properties, Inc. (EGP) Q4 2024 Earnings Call Transcript

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EastGroup Properties Announces Fourth Quarter and Full Year 2024 Results

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EastGroup Properties Announces the Income Tax Treatment of its 2024 Distributions

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EastGroup Properties is trading at a 52-week low, presenting a buying opportunity for long-term income and growth investors. EGP focuses on high-demand, supply-constrained Sunbelt markets with multi-t...

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EGP: Rising Dividends With Industrial Real Estate

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EastGroup Properties Announces Fourth Quarter 2024 Earnings Conference Call and Webcast

JACKSON, Miss. , Jan. 7, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Fourth Quarter Earnings Conference Call and We...

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