Want to see EGP full AI Analyst Report?
EGP Stock Chart & Stats
$202.78
-$0.70(-0.33%)
At close: 4:00 PM EDT
$202.78
-$0.70(-0.33%)
Day’s Range― - ―
52-Week Range$163.10 - $226.71
Previous CloseN/A
Volume106.61K
Average Volume (3M)470.98K
Market Cap
$10.62B
Enterprise Value$12.53K
Total Cash (Recent Filing)$33.38M
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)34.8
Beta0.47
Next Earnings
Oct 27, 2026EPS Estimate
1.37Next Dividend Ex-DateN/A
Dividend Yield3.12%
Share Statistics
EPS (TTM)5.71
Shares Outstanding53,773,315
10 Day Avg. Volume335,089
30 Day Avg. Volume470,983
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
$229.93Price Target Upside13.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)5.94
Revenue Forecast (FY)$783.22M
Bulls Say, Bears Say
Bulls Say
Revenue And Earnings GrowthRising revenue and net income indicate sustained portfolio expansion and rent growth. Continued earnings momentum gives EastGroup greater capacity to fund development, support distributions, and absorb normal fluctuations in industrial leasing demand.
Strong Cash GenerationStrong cash conversion supports recurring reinvestment, debt service, and shareholder distributions without relying entirely on external capital. The growth in operating and free cash flow also strengthens resilience as a capital-intensive REIT.
Pricing Power And Leasing DemandRecord leasing volume, high renewal spreads, and strong same-store NOI show durable tenant demand and pricing power across the portfolio. These trends can support organic rent growth and earnings even when external acquisitions are less attractive.
Bears Say
Material Absolute Debt ExposureImproved leverage is favorable, but the sizeable debt balance leaves earnings and cash flow exposed to refinancing costs and interest-rate conditions. Higher financing costs could constrain development, acquisitions, or distributions over the medium term.
Development Execution DelaysPermitting and construction delays can defer occupancy, rental income, and returns on invested capital while increasing carrying costs. Repeated execution friction could slow portfolio growth and make development yields less predictable.
Profit Margin VariabilityVariable margins indicate that strong revenue growth does not always translate proportionally into profitability. Sustained cost pressure, development timing, or changing property income mix could moderate earnings quality and reduce operating leverage.
Eastgroup Properties News
EGP FAQ
What was Eastgroup Properties’s price range in the past 12 months?
Eastgroup Properties lowest stock price was $163.10 and its highest was $226.71 in the past 12 months.
What is Eastgroup Properties’s market cap?
Eastgroup Properties’s market cap is $10.62B.
When is Eastgroup Properties’s upcoming earnings report date?
Eastgroup Properties’s upcoming earnings report date is Oct 27, 2026 which is in 53 days.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Jul 22, 2026. The company reported $1.4 earnings per share for the quarter, beating the consensus estimate of $1.315 by $0.085.
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 $1.75 which represents an annual dividend yield of 3.12%. See more information on Eastgroup Properties dividends here
What is Eastgroup Properties’s EPS estimate?
Eastgroup Properties’s EPS estimate is 1.37.
How many shares outstanding does Eastgroup Properties have?
Eastgroup Properties has 53,773,315 shares outstanding.
What happened to Eastgroup Properties’s price movement after its last earnings report?
Eastgroup Properties reported an EPS of $1.4 in its last earnings report, beating expectations of $1.315. Following the earnings report the stock price went down -1.054%.
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:
$229.93 (13.39% Upside)
$229.93 (13.39% Upside)
Blogger Sentiment
Bullish
EGP Sentiment 88%
Sector Average 58%
Sector Average 58%
Hedge Fund Trend
Decreased
By 5.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $98.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.5%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.60%
12-Months-Change
Fundamentals
Return on Equity
3.12%
Trailing 12-Months
Asset Growth
6.42%
Trailing 12-Months
Learn more about TipRanks Smart Score
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 Company Deck
EGP Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed broad operational momentum — record leasing, strong same-store NOI growth (8.3% quarterly), rising development activity and improved guidance midpoints — supported by a strong balance sheet and diversified rent roll. Challenges cited were mostly timing- and market-specific (permitting/equipment delays, Bay Area softness, competitive acquisition market) and manageable in context. Given the preponderance of positive operating metrics, raised guidance and record leasing activity versus primarily tactical or timing-related lowlights, the overall tone is constructive.View all EGP earnings summariesEGP Stock 12 Month Forecast
Average Price Target
$229.93
▲(13.39% Upside)
Technical Analysis
Stag Industrial
―
Terreno Realty
―
First Industrial Realty
―
LXP Industrial Trust
―
Rexford Industrial Realty
―
Ownership Overview
1.02% Insiders
31.67% Mutual Funds
17.92% Other Institutional Investors
20.34% Public Companies and
Individual Investors