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
Target Low Average Median High
Price $180 $193.13 $194 $209
Change +0.30% +7.62% +8.10% +16.46%

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 '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 000122
Buy 988888
Hold 555555
Sell 000000
Strong Sell 000000
Total 141313141515

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
Strong Buy
Upgrades
$185$200
Strong Buy Upgrades $185$200 +11.45% Dec 11, 2024
More Analyst Ratings

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%
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
-----717.12M788.69M987.78M
Revenue Growth
9.74%12.80%18.94%17.16%12.21%-9.98%25.24%
EPS
2.763.904.364.424.664.825.386.50
EPS Growth
-14.81%41.30%11.79%1.38%5.43%3.41%11.61%20.85%
Forward PE
-----37.2433.3727.61
No. Analysts -----10103
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
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 20252026202720282029
High -
22.2%
30.2%
Avg -
10.0%
25.2%
Low -
-4.6%
21.5%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.