EastGroup Properties, Inc. (EGP)
NYSE: EGP · Real-Time Price · USD
179.46
-0.20 (-0.11%)
Feb 21, 2025, 4:00 PM EST - Market closed
EastGroup Properties Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for EastGroup Properties stock have an average target of 193.13, with a low estimate of 180 and a high estimate of 209. The average target predicts an increase of 7.62% from the current stock price of 179.46.
Analyst Consensus: Buy
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 1 | 2 | 2 |
Buy | 9 | 8 | 8 | 8 | 8 | 8 |
Hold | 5 | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 14 | 13 | 13 | 14 | 15 | 15 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Baird | Baird | Buy Maintains $192 → $194 | Buy | Maintains | $192 → $194 | +8.10% | Feb 19, 2025 |
Truist Securities | Truist Securities | Hold Maintains $168 → $180 | Hold | Maintains | $168 → $180 | +0.30% | Feb 14, 2025 |
Deutsche Bank | Deutsche Bank | Strong Buy Initiates $180 | Strong Buy | Initiates | $180 | +0.30% | Jan 14, 2025 |
Morgan Stanley | Morgan Stanley | Hold Maintains $186 → $180 | Hold | Maintains | $186 → $180 | +0.30% | Dec 30, 2024 |
Raymond James | Raymond James | Buy → Strong Buy Upgrades $185 → $200 | Buy → Strong Buy | Upgrades | $185 → $200 | +11.45% | Dec 11, 2024 |
Financial Forecast
Revenue This Year
717.12M
Revenue Next Year
788.69M
from 717.12M
Increased by 9.98%
EPS This Year
4.82
from 4.66
Increased by 3.41%
EPS Next Year
5.38
from 4.82
Increased by 11.61%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 779.4M | 876.5M | 1.0B | ||
Avg | 717.1M | 788.7M | 987.8M | ||
Low | 651.0M | 684.5M | 958.4M |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | - | 22.2% | 30.2% | ||
Avg | - | 10.0% | 25.2% | ||
Low | - | -4.6% | 21.5% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 5.38 | 6.43 | 7.60 | ||
Avg | 4.82 | 5.38 | 6.50 | ||
Low | 4.28 | 4.44 | 5.52 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 15.4% | 33.3% | 41.3% | ||
Avg | 3.4% | 11.6% | 20.8% | ||
Low | -8.1% | -7.9% | 2.6% |
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.