EastGroup Properties, Inc. (EGP)
NYSE: EGP · Real-Time Price · USD
175.22
+0.92 (0.53%)
Nov 13, 2024, 4:00 PM EST - Market closed

EastGroup Properties Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for EGP stock have an average target of 193.08, with a low estimate of 175 and a high estimate of 209. The average target predicts an increase of 10.19% from the current stock price of 175.22.

Analyst Consensus: Buy
Target Low Average Median High
Price $175 $193.08 $193 $209
Change -0.13% +10.19% +10.15% +19.28%

Analyst Ratings

The average analyst rating for EGP stock from 13 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 100000
Buy 567988
Hold 987555
Sell 000000
Strong Sell 000000
Total 151414141313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Maintains
$190$186
Hold Maintains $190$186 +6.15% Nov 13, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$214$199
Buy Maintains $214$199 +13.57% Nov 4, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$186
Hold Reiterates $186 +6.15% Oct 30, 2024
Wedbush
Wedbush
Buy
Reiterates
$209
Buy Reiterates $209 +19.28% Oct 25, 2024
Barclays
Barclays
Hold
Maintains
$198$193
Hold Maintains $198$193 +10.15% Oct 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
647.89M
Revenue Next Year
714.80M
from 647.89M
Increased by 10.33%
EPS This Year
4.70
from 4.42
Increased by 6.41%
EPS Next Year
4.86
from 4.70
Increased by 3.44%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----647.89M714.80M789.14M
Revenue Growth
10.63%9.74%12.80%18.94%17.16%-10.33%10.40%
EPS
3.242.763.904.364.424.704.865.45
EPS Growth
30.12%-14.81%41.30%11.79%1.38%6.41%3.44%12.11%
Forward PE
-----37.2636.0232.13
No. Analysts -----11107
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 678.0M 773.4M 885.0M
Avg 647.9M 714.8M 789.1M
Low 624.6M 660.5M 695.8M

Revenue Growth

Revenue Growth 20242025202620272028
High -
19.4%
23.8%
Avg -
10.3%
10.4%
Low -
1.9%
-2.7%

EPS Forecast

EPS 20242025202620272028
High 4.90 5.13 5.67
Avg 4.70 4.86 5.45
Low 4.56 4.64 5.29

EPS Growth

EPS Growth 20242025202620272028
High
10.9%
9.2%
16.6%
Avg
6.4%
3.4%
12.1%
Low
3.1%
-1.4%
8.8%
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.