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EGP Stock Chart & Stats
$200.86
$0.34(0.21%)
At close: 4:00 PM EST
$200.86
$0.34(0.21%)
Day’s Range― - ―
52-Week Range$159.37 - $226.71
Previous CloseN/A
Volume93.36K
Average Volume (3M)377.49K
Market Cap
$11.94B
Enterprise Value$11.55K
Total Cash (Recent Filing)$31.36M
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)40.3
Beta0.48
Next Earnings
Jul 22, 2026EPS Estimate
1.32Next Dividend Ex-DateN/A
Dividend Yield2.79%
Share Statistics
EPS (TTM)5.51
Shares Outstanding53,755,230
10 Day Avg. Volume398,235
30 Day Avg. Volume377,494
Financial Highlights & Ratios
PEG Ratio8.12
Price to Book (P/B)2.71
Price to Sales (P/S)13.15
P/FCF Ratio23.43
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$220.31Price Target Upside9.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)5.86
Revenue Forecast (FY)$783.66M
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation And ConversionEastGroup’s materially improved operating cash flow and high free‑cash‑flow conversion are durable fundamentals. Consistent positive FCF and OCF coverage above net income enable dividend support, fund development starts internally, reduce reliance on new leverage, and improve resilience through economic cycles.
Proven Operating Track Record And High OccupancyA 51‑quarter streak of year‑over‑year FFO and same‑store NOI expansion signals repeatable leasing, rent roll stability, and disciplined operations. Combined with portfolio occupancy near 97%, this underpins predictable rental cash flows and supports long‑term income visibility for a REIT model.
Attractive Development Yields And Land InventoryMaintaining low‑to‑mid‑7% development yields with a meaningful spread above cap rates suggests new development is structurally accretive. Coupled with >1,000 acres of owned land, the company can phase starts opportunistically, capture outsized project returns, and sustainably grow cash flow over time.
Bears Say
Sharp TTM Revenue DeclineA roughly 24% TTM revenue drop is a material structural warning that can compress near‑term FFO growth and slow reinvestment capacity. Even with healthy margins, a sustained revenue pullback reduces operating leverage, raises sensitivity to leasing cycles, and complicates multi‑period forecasting.
Extended Post‑completion Lease‑up TimelinesLonger 16–17 month lease‑ups materially delay stabilization and the conversion of development capex into predictable rental cash flow. This lengthens payback periods, raises carrying costs and vacancy risk on new product, and makes projected development yields and cadence more uncertain over the medium term.
Permitting, Power And Utility ConstraintsLonger permitting cycles and constrained power in key Sunbelt markets are structural frictions that can delay project starts, increase development costs, and limit deployable land despite inventory. These constraints reduce optionality, slow revenue realization, and heighten execution risk across multi‑year development plans.
Eastgroup Properties News
EGP FAQ
What was Eastgroup Properties’s price range in the past 12 months?
Eastgroup Properties lowest stock price was $159.37 and its highest was $226.71 in the past 12 months.
What is Eastgroup Properties’s market cap?
Eastgroup Properties’s market cap is $11.94B.
When is Eastgroup Properties’s upcoming earnings report date?
Eastgroup Properties’s upcoming earnings report date is Jul 22, 2026 which is tomorrow.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Apr 22, 2026. The company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.203 by $0.567.
Is Eastgroup Properties overvalued?
According to Wall Street analysts Eastgroup Properties’s price is currently Undervalued.
Does Eastgroup Properties pay dividends?
Eastgroup Properties pays a Quarterly dividend of $1.55 which represents an annual dividend yield of 2.79%. See more information on Eastgroup Properties dividends here
What is Eastgroup Properties’s EPS estimate?
Eastgroup Properties’s EPS estimate is 1.32.
How many shares outstanding does Eastgroup Properties have?
Eastgroup Properties has 53,755,230 shares outstanding.
What happened to Eastgroup Properties’s price movement after its last earnings report?
Eastgroup Properties reported an EPS of $1.77 in its last earnings report, beating expectations of $1.203. Following the earnings report the stock price went down -0.164%.
Which hedge fund is a major shareholder of Eastgroup Properties?
Currently, no hedge funds are holding shares in EGP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Eastgroup Properties Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$220.31 (9.68% Upside)
$220.31 (9.68% Upside)
Blogger Sentiment
Bullish
EGP Sentiment 70%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 3.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $98.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 30.2%
Last 30 Days ▲ 30.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.56%
12-Months-Change
Fundamentals
Return on Equity
2.79%
Trailing 12-Months
Asset Growth
7.48%
Trailing 12-Months
Company Description
Eastgroup Properties
EastGroup Properties, Inc. (NYSE: EGP), a self-administered equity real estate investment trust and an S&P MidCap 400 company, specializes in the development, acquisition, and management of industrial properties. The company concentrates its efforts within major Sunbelt markets across the United States, with a particular focus on Florida, Texas, Arizona, California, and North Carolina. Its central aim is to enhance shareholder value by serving as a leading provider of adaptable, efficient, and high-quality business distribution facilities for location-sensitive clients, generally seeking spaces between 15,000 and 70,000 square feet. EastGroup's growth strategy prioritizes ownership of prime distribution centers, strategically positioned close to key transportation networks in submarkets where supply is limited. The firm's current portfolio encompasses approximately 45.8 million square feet, including properties under development, value-add acquisitions in lease-up, and those currently under construction.
EGP Stock 12 Month Forecast
Average Price Target
$220.31
▲(9.68% Upside)
Technical Analysis
Stag Industrial
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Terreno Realty
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First Industrial Realty
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LXP Industrial Trust
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Rexford Industrial Realty
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Ownership Overview
1.02% Insiders
31.68% Mutual Funds
0.28% Other Institutional Investors
38.10% Public Companies and
Individual Investors