TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Eastgroup Properties ( (EGP) ) just unveiled an update.
On November 19, 2025, EastGroup Properties, Inc. and its subsidiary entered into a $250 million Term Loan Agreement with PNC Bank and other financial institutions, divided into two tranches with maturity dates in 2030 and 2031. Additionally, the company amended several of its credit facilities to remove a 0.10% interest rate adjustment for SOFR loans, potentially improving its financial flexibility and cost of borrowing.
The most recent analyst rating on (EGP) stock is a Buy with a $205.00 price target. To see the full list of analyst forecasts on Eastgroup Properties stock, see the EGP Stock Forecast page.
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
EastGroup Properties, Inc. operates in the real estate industry, focusing on the development, acquisition, and management of industrial properties across the United States.
Average Trading Volume: 367,197
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.6B
Learn more about EGP stock on TipRanks’ Stock Analysis page.