Eastgroup Properties (EGP)
NYSE:EGP
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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 - $207.72
Previous CloseN/A
Volume93.36K
Average Volume (3M)343.21K
Market Cap
$11.00B
Enterprise Value$12.26B
Total Cash (Recent Filing)$31.36M
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)37.1
Beta0.53
Next Earnings
Jul 22, 2026EPS Estimate
1.32Next Dividend Ex-DateN/A
Dividend Yield3.15%
Share Statistics
EPS (TTM)5.51
Shares Outstanding53,755,230
10 Day Avg. Volume385,544
30 Day Avg. Volume343,207
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 Cap1.11
Enterprise Value/Revenue16.63
Enterprise Value/Gross Profit46.12
Enterprise Value/Ebitda22.69
Forecast
1Y Price Target
$216.77Price Target Upside7.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)5.75
Revenue Forecast (FY)$782.99M
Bulls Say, Bears Say
Bulls Say
Cash GenerationStrong, improving operating cash flow and consistently positive free cash flow (conversion ~84–87% of net income) provide durable internal funding for development, dividends and debt reduction. High cash conversion reduces reliance on external financing and supports steady capital allocation over 2–6 months and beyond.
Conservative Balance SheetLower leverage and laddered, largely fixed-rate maturities materially improve financial flexibility and reduce refinancing risk. A conservative capital structure allows disciplined development starts and supports dividend coverage and opportunistic acquisitions, sustaining stability across business cycles.
Scale And Land InventoryLarge portfolio and significant permit-ready land create durable development optionality and phased supply discipline. This inventory enables steady future starts, geographic diversification and the ability to capture attractive development yields without urgent land purchases, supporting mid-term growth.
Bears Say
TTM Revenue DeclineA roughly 24% TTM revenue pullback signals weaker near-term leasing or timing of development recognition. Even with healthy margins, a sustained revenue reduction can compress FFO growth and slow reinvestment, making it harder to sustain historic growth rates over the next several quarters.
Longer Lease-up TimesExtended lease-up (16–17 months) delays stabilization and return on capital for newly completed projects, increasing holding costs and reducing near-term development pacing. This elongation makes cash flows from starts more lumpy and raises execution risk for multi-quarter planning.
Permitting, Power And Land CompetitionLonger permitting, utility/power limits and data-center competition are structural headwinds in fast-growing Sunbelt markets. They can constrict developable supply, raise land and infrastructure costs, and delay project timing, reducing achievable returns and slowing portfolio expansion over months to years.
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 $207.72 in the past 12 months.
What is Eastgroup Properties’s market cap?
Eastgroup Properties’s market cap is $11.00B.
When is Eastgroup Properties’s upcoming earnings report date?
Eastgroup Properties’s upcoming earnings report date is Jul 22, 2026 which is in 26 days.
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 3.15%. 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
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Analyst Consensus
Moderate Buy
Average Price Target:
$216.77 (7.92% Upside)
$216.77 (7.92% Upside)
Blogger Sentiment
Bullish
EGP Sentiment 70%
Sector Average ―
Sector Average ―
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 ▲ 17.5%
Last 30 Days ▲ 21.6%
Last 30 Days ▲ 21.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.30%
12-Months-Change
Fundamentals
Return on Equity
8.37%
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 Company Deck
EGP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted durable operating performance (51 consecutive quarters of FFO growth), high occupancy, conservative leverage, attractive development yields (~7%), ample land inventory and a differentiated shallow-bay positioning that has outperformed market vacancy trends. Key challenges discussed included last year’s slower-than-expected starts (planned $300M vs $175M started), longer lease-up times (16–17 months vs peak 6–7 months), permitting and power constraints, tariff/policy uncertainty, and localized land competition from data centers. On balance, the company presented multiple structural strengths and a conservative balance sheet that support optimism, while acknowledging execution and macro risks that management is actively managing.View all EGP earnings summariesEGP Stock 12 Month Forecast
Average Price Target
$216.77
▲(7.92% Upside)
Technical Analysis
Stag Industrial
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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
31.67% Mutual Funds
18.40% Other Institutional Investors
20.16% Public Companies and
Individual Investors