EastGroup Properties, Inc. (EGP)

EastGroup Properties Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for EastGroup Properties stock have an average target of 191.8, with a low estimate of 180 and a high estimate of 209. The average target predicts an increase of 8.71% from the current stock price of 176.44.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$180	$191.8	$193	$209
Change	+2.02%	+8.71%	+9.39%	+18.45%

Analyst Ratings

The average analyst rating for EastGroup Properties stock from 15 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	1	2	2	2
Buy	8	8	8	8	8	7
Hold	5	5	5	5	5	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	14	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Buy → Hold Downgrades $181 → $185	Buy → Hold	Downgrades	$181 → $185	+4.85%	Mar 17, 2025
David Rodgers Baird	Baird	Buy Maintains $192 → $194	Buy	Maintains	$192 → $194	+9.95%	Feb 19, 2025
Ki Bin Kim Truist Securities	Truist Securities	Hold Maintains $168 → $180	Hold	Maintains	$168 → $180	+2.02%	Feb 14, 2025
Omotayo Okusanya Deutsche Bank	Deutsche Bank	Strong Buy Initiates $180	Strong Buy	Initiates	$180	+2.02%	Jan 14, 2025
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $186 → $180	Hold	Maintains	$186 → $180	+2.02%	Dec 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

716.36M

Increased by 12.19%

from 638.53M

Revenue Next Year

794.21M

Increased by 10.87%

from 716.36M

EPS This Year

4.87

Increased by 4.60%

from 4.66

EPS Next Year

5.47

Increased by 12.15%

from 4.87

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	363.02M	409.48M	487.03M	566.40M	638.53M	716.36M	794.21M	856.67M
Revenue Growth	9.74%	12.80%	18.94%	16.30%	12.73%	12.19%	10.87%	7.86%
EPS	2.76	3.90	4.36	4.42	4.66	4.87	5.47	6.74
EPS Growth	-14.82%	41.30%	11.80%	1.38%	5.43%	4.60%	12.15%	23.23%
Forward PE	-	-	-	-	-	36.20	32.28	26.19
No. Analysts	-	-	-	-	-	10	10	3

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	716.4M	794.2M	856.7M
Low	658.6M	692.9M	634.5M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	20.6%	22.2%	24.5%
Avg	12.2%	10.9%	7.9%
Low	3.1%	-3.3%	-20.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	5.38	6.43	7.60
Avg	4.87	5.47	6.74
Low	4.28	4.44	5.98

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	15.4%	31.8%	39.1%
Avg	4.6%	12.1%	23.2%
Low	-8.1%	-8.9%	9.4%

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.