EastGroup Properties, Inc. (EGP)
NYSE: EGP · Real-Time Price · USD
162.92
+2.45 (1.53%)
Apr 24, 2025, 4:00 PM EDT - Market closed
EastGroup Properties Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for EastGroup Properties stock have an average target of 189.57, with a low estimate of 172 and a high estimate of 209. The average target predicts an increase of 16.36% from the current stock price of 162.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EastGroup Properties stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 2 | 2 | 2 | 3 |
| Buy | 8 | 8 | 8 | 8 | 7 | 5 |
| Hold | 5 | 5 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $179 → $180 | Hold | Maintains | $179 → $180 | +10.48% | Apr 24, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $175 → $172 | Hold | Maintains | $175 → $172 | +5.57% | Apr 15, 2025 |
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $180 | Hold → Strong Buy | Upgrades | $180 | +10.48% | Apr 10, 2025 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $218 → $175 | Buy → Hold | Downgrades | $218 → $175 | +7.41% | Apr 7, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $181 → $185 | Buy → Hold | Downgrades | $181 → $185 | +13.55% | Mar 17, 2025 |
Financial Forecast
Revenue This Year
712.70M
from 638.53M
Increased by 11.62%
Revenue Next Year
787.34M
from 712.70M
Increased by 10.47%
EPS This Year
4.88
from 4.66
Increased by 4.77%
EPS Next Year
5.43
from 4.88
Increased by 11.27%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 770.2M | 875.6M | 988.9M | ||
| Avg | 712.7M | 787.3M | 838.7M | ||
| Low | 658.6M | 692.9M | 634.5M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.6% | 22.9% | 25.6% | ||
| Avg | 11.6% | 10.5% | 6.5% | ||
| Low | 3.1% | -2.8% | -19.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.38 | 6.43 | 7.60 | ||
| Avg | 4.88 | 5.43 | 5.81 | ||
| Low | 4.28 | 4.17 | 3.85 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.4% | 31.6% | 39.9% | ||
| Avg | 4.8% | 11.3% | 7.0% | ||
| Low | -8.1% | -14.5% | -29.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.