EastGroup Properties, Inc. (EGP)
NYSE: EGP · Real-Time Price · USD
171.01
-3.10 (-1.78%)
Nov 20, 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 12.91% from the current stock price of 171.01.
Analyst Consensus: Buy
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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 6 | 7 | 9 | 8 | 8 |
| Hold | 9 | 8 | 7 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 14 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $190 → $186 | Hold | Maintains | $190 → $186 | +8.77% | Nov 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $214 → $199 | Buy | Maintains | $214 → $199 | +16.37% | Nov 4, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $186 | Hold | Reiterates | $186 | +8.77% | Oct 30, 2024 |
| Wedbush | Wedbush | Buy Reiterates $209 | Buy | Reiterates | $209 | +22.22% | Oct 25, 2024 |
| Barclays | Barclays | Hold Maintains $198 → $193 | Hold | Maintains | $198 → $193 | +12.86% | Oct 10, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 19.4% | 23.8% | ||
| Avg | - | 10.3% | 10.4% | ||
| Low | - | 1.9% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.