EastGroup Properties Inc
$ 190.55
-0.44%
24 Feb - close price
- Market Cap 10,210,960,000 USD
- Current Price $ 190.55
- High / Low $ 192.45 / 189.58
- Stock P/E 39.38
- Book Value 65.64
- EPS 4.86
- Next Earning Report -
- Dividend Per Share $5.90
- Dividend Yield 3.06 %
- Next Dividend Date -
- ROA 0.03 %
- ROE 0.08 %
- 52 Week High 193.69
- 52 Week Low 134.12
About
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-managed capital real estate investment trust focused on the development, acquisition and operation of industrial properties in Sunbelt's major markets in the United States. with an emphasis on the states of Florida, Texas, Arizona, California and North Carolina.
Analyst Target Price
$204.68
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-02-10 | 2025-10-23 | 2025-07-21 | 2025-04-21 | 2025-02-05 | 2024-10-23 | 2024-07-23 | 2024-04-23 | 2024-02-07 | 2023-10-24 | 2023-07-25 | 2023-04-25 |
| Reported EPS | 1.27 | 1.26 | 1.2 | 1.14 | 1.1621 | 1.13 | 1.14 | 1.22 | 1.35 | 1.07 | 0.97 | 1.02 |
| Estimated EPS | 1.3 | 1.24 | 1.18 | 1.1 | 1.19 | 1.13 | 1.1 | 1.05 | 1.07 | 0.99 | 0.92 | 0.86 |
| Surprise | -0.03 | 0.02 | 0.02 | 0.04 | -0.0279 | 0 | 0.04 | 0.17 | 0.28 | 0.08 | 0.05 | 0.16 |
| Surprise Percentage | -2.3077% | 1.6129% | 1.6949% | 3.6364% | -2.3445% | 0% | 3.6364% | 16.1905% | 26.1682% | 8.0808% | 5.4348% | 18.6047% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | Oct 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-01-15 | 2025-10-15 | 2025-07-15 | 2025-04-15 | 2025-01-15 | 2024-10-15 | 2024-07-15 | 2024-04-15 | 2024-01-12 | 2023-10-13 |
| Amount | $1.55 | $1.55 | $1.4 | $1.4 | $1.4 | $1.4 | $1.27 | $1.27 | $1.27 | $1.27 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: EGP
2026-02-22 10:12:19
JPMorgan Chase & Co. increased its holdings in EastGroup Properties, Inc. (NYSE:EGP) by 13% in the third quarter, now owning 1,025,235 shares valued at approximately $173.5 million. Analysts currently have a "Moderate Buy" rating on the stock with an average target price of $200.18. EastGroup Properties also declared a quarterly dividend of $1.55, resulting in an annualized dividend of $6.20 and a 3.2% yield, though its payout ratio of 127.31% indicates distributions exceed current earnings.
2026-02-22 09:42:37
Channing Capital Management LLC increased its stake in EastGroup Properties, Inc. (NYSE:EGP) by 14.5% in the third quarter, bringing its total holdings to 55,184 shares valued at $9.34 million. EastGroup Properties recently paid a quarterly dividend of $1.55, resulting in an annualized yield of 3.2%, though the payout ratio is high at 127.31%. Wall Street analysts maintain a "Moderate Buy" consensus rating for EGP, with an average target price of $200.18.
2026-02-21 13:38:49
Vanguard Group Inc. increased its stake in EastGroup Properties (NYSE:EGP) by purchasing an additional 43,633 shares, bringing their total holdings to 7,350,473 shares valued at approximately $1.244 billion. The real estate investment trust currently pays a quarterly dividend of $1.55, but its payout ratio of 127.31% suggests dividends exceed current earnings. Analyst ratings for EGP are mixed, with a consensus of "Moderate Buy" and an average price target of $200.18.
2026-02-19 13:56:54
The Ontario Teachers Pension Plan Board recently acquired 10,059 shares of EastGroup Properties (NYSE:EGP), valued at approximately $1.703 million, during the third quarter. This purchase contributes to highly concentrated institutional ownership of 92.14% in the real estate investment trust. EastGroup Properties has also declared a quarterly dividend of $1.55 per share, representing an annualized yield of 3.2%.
2026-02-19 11:56:54
First National Bank of Omaha recently acquired 8,248 shares of EastGroup Properties, Inc. (EGP) valued at approximately $1.396 million. This acquisition is part of significant institutional ownership in EGP, with 92.14% of the stock held by institutional investors. Analysts generally rate EGP as a "Moderate Buy" with a consensus target price of $200.18, and the company also pays a quarterly dividend of $1.55, offering a 3.2% yield.
2026-02-19 07:26:09
EastGroup Properties (EGP) recently reported strong Q4 and full-year 2025 results, along with 2026 earnings guidance. The company’s projected net income for 2026 gives investors a clearer view of profitability after a period of revenue and earnings growth. This guidance supports the existing earnings narrative but highlights the importance of effective management in maintaining leasing and rent resilience in coastal markets, especially given the company's existing debt load.
