EastGroup Properties, Inc. (EGP)
| Market Cap | 9.27B |
| Revenue (ttm) | 696.15M |
| Net Income (ttm) | 248.31M |
| Shares Out | 53.26M |
| EPS (ttm) | 4.77 |
| PE Ratio | 36.48 |
| Forward PE | 34.04 |
| Dividend | $6.20 (3.56%) |
| Ex-Dividend Date | Sep 30, 2025 |
| Volume | 358,081 |
| Open | 175.75 |
| Previous Close | 177.08 |
| Day's Range | 173.09 - 176.81 |
| 52-Week Range | 137.67 - 188.89 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 185.58 (+6.64%) |
| Earnings Date | Oct 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 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 $185.58, which is an increase of 6.64% from the latest price.
News
EastGroup Properties, Inc. (EGP) Q3 2025 Earnings Call Transcript
EastGroup Properties, Inc. (NYSE:EGP) Q3 2025 Earnings Call October 24, 2025 11:00 AM EDT Company Participants Marshall Loeb - President, CEO & Director Casey Edgecombe Brent Wood - Executive VP, CFO...
EastGroup Properties Announces Third Quarter 2025 Results
Quarter Highlights Net Income Attributable to Common Stockholders of $1.26 Per Diluted Share for Third Quarter 2025 Compared to $1.13 Per Diluted Share for Third Quarter 2024 Funds from Operations ("F...
EastGroup Properties: A Longer-Term Industrial REIT To Bet On As Portfolio Grows
EastGroup Properties gets a buy rating for my initial coverage, agreeing with today's Wall St consensus on this industrial REIT. Despite headwinds this year in the warehouse niche, this REIT has maint...
EastGroup Properties Is A Dividend Growth Investor's Dream Stock
EastGroup Properties is a top-tier industrial REIT focused on high-quality, infill shallow bay assets in fast-growing Sunbelt markets. EGP boasts a conservative balance sheet, low leverage, and a stro...
REITs Signal Their Self-Valuation With Capital Activity
REITs in 2025 have shown disciplined capital raising, issuing equity mainly when trading at premiums to NAV and capturing low-cost debt opportunistically. Welltower and CareTrust issued equity at sign...
If I Could Only Buy 3 REITs, It Would Be These
If I could only buy 3 REITs, I would stick to blue chips. REITs with fortress balance sheets and exceptional track records. These would be my 3 picks.
EastGroup Properties Announces Third Quarter 2025 Earnings Conference Call and Webcast
JACKSON, Miss. , Sept. 24, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Third Quarter 2025 Earnings Conference Call ...
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.
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....
Goodbye Growth? Here's What I'm Buying As Value Mounts A Comeback
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...
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...
6 Stocks I'm Buying As Tariffs Weigh Down The Economy (Chart Storm!)
Inflation is in a tug of war: Disinflationary housing offsets inflationary tariffs, but tariffs will increasingly push consumer prices higher over the next year. The economy and stock market are both ...
Forget The S&P 500, Here's Where I'm Investing Instead
REITs have outperformed the S&P 500 over the long run. I expect REITs to return to their lead over the coming years. I highlight specific REITs that are especially well-positioned.
How I've Built A Monster Passive Income Portfolio (And What I'm Buying Now)
I remain committed to dividend growth investing, adapting my strategy to balance growth, yield, and defensiveness amid demographic and economic shifts. My 'galley ship' portfolio model uses ballast (c...
2 'Wide Moat' REITs That Are Hard To Beat
I focus on 'wide moat' REITs with durable competitive advantages and strong valuation discounts for superior risk-adjusted returns. Equity LifeStyle boasts resilient demand drivers, high switching cos...
6 Stocks I'm Buying As AI And Tariffs Battle For Market Dominance
Are we in an AI bubble? And will it be AI or tariffs that determine the trajectory of the market going forward? I'm focusing on dividend growth stocks and ETFs with attractive yields and solid project...
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 ...
5 Stocks I'm Buying As Retail Investors Take Over The Market
Retail-driven meme stock mania is back, echoing 2021's irrational exuberance, with surges in fundamentally weak, heavily shorted stocks. Market leadership is shifting from the "Magnificent 7" to the "...
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 (...
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...
7 Stocks I'm Buying As Tariffs And Deportations Prowl Behind The Rally
Tariff risks are underappreciated by the market; persistently high tariffs could weigh on economic growth, and investor complacency is unwarranted. Slowing population growth and deportations threaten ...
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...
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...