EastGroup Properties, Inc. (EGP)

NYSE: EGP · Real-Time Price · USD
167.08
-2.48 (-1.46%)
Jul 24, 2025, 10:17 AM - Market open
-1.46%
Market Cap8.90B
Revenue (ttm)678.66M
Net Income (ttm)236.54M
Shares Out 53.26M
EPS (ttm)4.65
PE Ratio35.98
Forward PE33.82
Dividend$5.60 (3.35%)
Ex-Dividend DateJun 30, 2025
Volume46,403
Open166.20
Previous Close169.56
Day's Range165.70 - 168.37
52-Week Range137.67 - 192.61
Beta1.03
AnalystsBuy
Price Target188.43 (+12.78%)
Earnings DateJul 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]

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 14 analysts, the average rating for EGP stock is "Buy." The 12-month stock price target is $188.43, which is an increase of 12.78% from the latest price.

Price Target
$188.43
(12.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 (...

18 hours ago - PRNewsWire

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12 days 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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20 days 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...

21 days ago - PRNewsWire

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Tariffs On, Tariffs Off

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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.

7 weeks 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...

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EastGroup Properties Announces 182nd Consecutive Quarterly Cash Dividend

JACKSON, Miss. , May 22, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1...

2 months ago - PRNewsWire

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EastGroup Properties, Inc. (EGP) Q1 2025 Earnings Call Transcript

EastGroup Properties, Inc. (NYSE:EGP) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Marshall Loeb - President and CEO Brent Wood - CFO Conference Call Participants ...

3 months ago - Seeking Alpha

EastGroup Properties Announces First Quarter 2025 Results

Quarter Highlights Net Income Attributable to Common Stockholders of $1.14 Per Diluted Share for First Quarter 2025 Compared to $1.22 Per Diluted Share for First Quarter 2024 (Gains on Sales of Real E...

3 months ago - PRNewsWire

2 Oversold Industrial Powerhouses Long-Term Dividend Investors Should Consider

Prologis and EastGroup Properties are trading below historical averages, presenting a buying opportunity for long-term dividend investors amid market volatility. Both REITs have robust balance sheets,...

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