EastGroup Properties, Inc. (EGP)
| Market Cap | 8.95B |
| Revenue (ttm) | 676.89M |
| Net Income (ttm) | 236.54M |
| Shares Out | 53.26M |
| EPS (ttm) | 4.64 |
| PE Ratio | 36.15 |
| Forward PE | 33.34 |
| Dividend | $5.60 (3.34%) |
| Ex-Dividend Date | Sep 30, 2025 |
| Volume | 139,213 |
| Open | 166.24 |
| Previous Close | 165.94 |
| Day's Range | 165.75 - 168.31 |
| 52-Week Range | 137.67 - 192.21 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 186.42 (+10.98%) |
| Earnings Date | Oct 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]
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 StatementsAnalyst 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 10.98% from the latest price.
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...
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.
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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...
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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 ...
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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...
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 (...
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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...
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...
This Changes Everything: One Of The Most Important Shifts For Dividend Investors
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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.
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...