EastGroup Properties, Inc. (EGP)

NYSE: EGP · Real-Time Price · USD
167.86
+0.98 (0.59%)
Sep 17, 2025, 10:36 AM EDT - Market open
0.59%
Market Cap8.94B
Revenue (ttm)676.89M
Net Income (ttm)236.54M
Shares Out 53.26M
EPS (ttm)4.64
PE Ratio35.94
Forward PE33.15
Dividend$5.60 (3.36%)
Ex-Dividend DateSep 30, 2025
Volume12,442
Open167.83
Previous Close166.88
Day's Range167.44 - 169.24
52-Week Range137.67 - 192.21
Beta1.03
AnalystsBuy
Price Target186.42 (+11.06%)
Earnings DateOct 22, 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 high-growth 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 location ... [Read more]

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 Summary

According to 12 analysts, the average rating for EGP stock is "Buy." The 12-month stock price target is $186.42, which is an increase of 11.06% from the latest price.

Price Target
$186.42
(11.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The State Of REITs: September 2025 Edition

REITs performed very well in August (+5.48%), almost pulling the REIT sector's year-to-date total return back into the black (-1.11%). Small cap (+7.52%) and mid cap REITs (+7.13%) averaged strong gai...

19 hours ago - Seeking Alpha

EastGroup Properties Announces Participation in Upcoming Conferences

JACKSON, Miss. , Sept. 2, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today its participation in upcoming conferences.

14 days ago - PRNewsWire

Powell Pivot Sparks REIT Rebound

U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....

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Tech sector capital investment is surging, but enterprise AI adoption is showing disappointing returns, with 95% seeing zero ROI per an MIT study. This disconnect raises concerns about who will ultima...

25 days ago - Seeking Alpha

EastGroup Properties Announces Dividend Increase

JACKSON, Miss. , Aug. 22, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors approved a 10.7% increase in its quarte...

25 days ago - PRNewsWire

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6 weeks ago - Seeking Alpha

East Group: Growth From Superior Location And Segment

EGP owns top-tier, small-bay warehouses in strong Sunbelt markets, boasting high occupancy and resilient demand versus larger industrial peers. The stock is now undervalued, trading at 21.8x AFFO and ...

6 weeks ago - Seeking Alpha

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7 weeks ago - Seeking Alpha

EastGroup Properties, Inc. (EGP) Q2 2025 Earnings Call Transcript

EastGroup Properties, Inc. (NYSE:EGP) Q2 2025 Earnings Conference Call July 24, 2025 11:00 AM ET Company Participants Brent W. Wood - Executive VP, CFO & Treasurer Casey Edgecombe - Corporate Partici...

7 weeks ago - Seeking Alpha

EastGroup Properties Announces Second Quarter 2025 Results

Quarter Highlights Net Income Attributable to Common Stockholders of $1.20 Per Diluted Share for Second Quarter 2025 Compared to $1.14 Per Diluted Share for Second Quarter 2024 Funds from Operations (...

7 weeks ago - PRNewsWire

Dividend Growth Is My Antidote To Uncertainty

In an uncertain market, I stick to five core investing principles: stay the course, specialize, diversify, trust proven experts, and keep some cash. Dividend growth investing (DGI) remains my strategy...

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2 months ago - Seeking Alpha

Lessons Learned From My Development Days: 2 Shovel-Ready REIT Picks

My experience as a developer taught me to value risk mitigation, strong contracts, and conservative balance sheets in real estate investing. EastGroup Properties, Inc. stands out for its Sunbelt focus...

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2 months ago - Seeking Alpha

EastGroup Properties Announces Second Quarter 2025 Earnings Conference Call and Webcast

JACKSON, Miss. , July 2, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Second Quarter 2025 Earnings Conference Call a...

2 months ago - PRNewsWire

This Changes Everything: One Of The Most Important Shifts For Dividend Investors

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Tariffs On, Tariffs Off

US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending th...

3 months ago - Seeking Alpha

EastGroup Properties Announces Recent Business Activity and Presentation at Nareit's REITweek

JACKSON, Miss. , May 29, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today its recent business activity.

3 months ago - PRNewsWire

EastGroup Properties: Recycling Rents To Drive Growth

EastGroup Properties remains a solid Sunbelt industrial REIT, benefiting from strong markets and resilient demand for smaller, diversified industrial spaces. While management's focus on absolute growt...

3 months ago - Seeking Alpha