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Eastgroup Properties (EGP)
NYSE:EGP
EGP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$137.67 - $192.61
Previous CloseN/A
Volume93.36K
Average Volume (3M)343.86K
Market Cap
$8.83B
Enterprise Value$10.09B
Total Cash (Recent Filing)$20.52M
Total Debt (Recent Filing)$1.49B
Price to Earnings (P/E)36.7
Beta0.70
Next Earnings
Jul 23, 2025EPS Estimate
1.19Last Dividend Ex-Date
Jun 30, 2025Dividend Yield3.33%
Share Statistics
EPS (TTM)1.14
Shares Outstanding52,515,950
10 Day Avg. Volume398,370
30 Day Avg. Volume343,856
Financial Highlights & Ratios
PEG Ratio-19.66
Price to Book (P/B)2.57
Price to Sales (P/S)0.00
P/FCF Ratio20.99
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue3.97
Enterprise Value/Gross Profit23.07
Enterprise Value/Ebitda5.47
Forecast
1Y Price Target
$184.77Price Target Upside12.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Eastgroup Properties News
PremiumCompany Announcements
EastGroup Properties Confirms Board and Auditor Decisions
Bulls Say, Bears Say
Bulls Say
EarningsMoody’s Ratings affirmed EastGroup’s issuer rating of Baa2 and changed its rating outlook from stable to positive.
Financial PerformanceEGP trades at a 5.9% implied cap rate, an 11% discount to NAV, presenting an opportunity to own a high-quality REIT.
Leasing PerformanceEastGroup successfully released the entire space that Conn's rejected at a 20% higher rate.
Bears Say
Development And Capital DeploymentUpdated guidance indicates a push out in the timeline for capital deployment and a reduction in development starts.
Leasing TrendsConcerns include EGP's steep drop in leasing spreads in SoCal, and more modest development starts and capital raising.
Market PerformanceEGP is down -7.4% in the past month, underperforming compared to the VNQ, which is down -3%.
Ownership Overview
0.96% Insiders
33.45% Mutual Funds
19.46% Other Institutional Investors
19.65% Public Companies and Individual Investors
EGP FAQ
What was Eastgroup Properties’s price range in the past 12 months?
Eastgroup Properties lowest stock price was $137.67 and its highest was $192.61 in the past 12 months.
What is Eastgroup Properties’s market cap?
Eastgroup Properties’s market cap is $8.83B.
When is Eastgroup Properties’s upcoming earnings report date?
Eastgroup Properties’s upcoming earnings report date is Jul 23, 2025 which is in 6 days.
How were Eastgroup Properties’s earnings last quarter?
Eastgroup Properties released its earnings results on Apr 23, 2025. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.108 by $0.032.
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 $1.4 which represents an annual dividend yield of 3.33%. See more information on Eastgroup Properties dividends here
What is Eastgroup Properties’s EPS estimate?
Eastgroup Properties’s EPS estimate is 1.19.
How many shares outstanding does Eastgroup Properties have?
Eastgroup Properties has 52,515,950 shares outstanding.
What happened to Eastgroup Properties’s price movement after its last earnings report?
Eastgroup Properties reported an EPS of $1.14 in its last earnings report, beating expectations of $1.108. Following the earnings report the stock price went up 1.527%.
Which hedge fund is a major shareholder of Eastgroup Properties?
Currently, no hedge funds are holding shares in EGP
Eastgroup Properties Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$184.77 (12.58% Upside)
$184.77 (12.58% Upside)
Blogger Sentiment
Bullish
EGP Sentiment 100%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 521.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.2%
Last 30 Days ▼ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.19%
12-Months-Change
Fundamentals
Return on Equity
7.61%
Trailing 12-Months
Asset Growth
11.60%
Trailing 12-Months
Company Description
Eastgroup Properties
EastGroup Properties (EGP) is a publicly traded real estate investment trust (REIT) that specializes in the development, acquisition, and operation of industrial properties in major Sunbelt markets throughout the United States. The company focuses on providing state-of-the-art distribution facilities to a diverse range of tenants, primarily targeting the supply chain and logistics sectors. EastGroup Properties primarily serves businesses that require efficient warehousing and distribution solutions for their operations.
EGP Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance, with significant growth in FFO and leasing metrics. However, challenges such as decreased occupancy, market uncertainties, and regional difficulties in Southern California were noted. The company remains optimistic with a strategic focus on leasing and financial flexibility.Read More>EGP Stock 12 Month Forecast
Average Price Target
$184.77
▲(12.58%Upside)
Technical Analysis
Stag Industrial
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Rexford Industrial Realty
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