New insider activity at Eastgroup Properties ( (EGP) ) has taken place on November 7, 2025.
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EVP Richard Reid Dunbar recently executed a significant transaction by selling 2,000 shares of Eastgroup Properties stock, amounting to a total value of $350,000.
Recent Updates on EGP stock
In the past 24 hours, EastGroup Properties has seen multiple analysts adjust their price targets following its recent earnings call. Baird increased its price target due to a favorable growth outlook indicated by the company’s Q3 results. RBC Capital raised its target slightly, despite a slower development leasing pace, reflecting improved private market valuations. Cantor Fitzgerald also increased its target, citing EastGroup’s consistent earnings reporting and tightened FFO guidance, although the affirmation of guidance was perceived negatively in terms of stock performance. BNP Paribas Exane upgraded EastGroup to Outperform, setting a higher price target, reflecting optimism about the company’s strategic positioning and financial performance. The earnings call highlighted solid financial metrics, including a 6.6% increase in FFO per share and robust leasing activity, despite challenges in specific markets like California and a slower development pace.
Spark’s Take on EGP Stock
According to Spark, TipRanks’ AI Analyst, EGP is a Outperform.
Eastgroup Properties’ strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis supports a positive trend, though valuation concerns slightly temper the outlook. The company’s cautious approach to development amid market challenges is noted but does not significantly detract from its overall strong position.
To see Spark’s full report on EGP stock, click here.
More about Eastgroup Properties
YTD Price Performance: 11.54%
Average Trading Volume: 359,094
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.33B