EastGroup Properties Inc
$ 180.48
0.69%
04 Dec - close price
- Market Cap 9,628,363,000 USD
- Current Price $ 180.48
- High / Low $ 180.78 / 177.93
- Stock P/E 37.84
- Book Value 65.88
- EPS 4.77
- Next Earning Report 2026-02-10
- Dividend Per Share $5.75
- Dividend Yield 3.21 %
- Next Dividend Date -
- ROA 0.03 %
- ROE 0.08 %
- 52 Week High 184.12
- 52 Week Low 135.27
About
EastGroup Properties, Inc. (NYSE: EGP) is a premier self-managed real estate investment trust (REIT) that specializes in the development, acquisition, and management of high-quality industrial properties, primarily in the rapidly growing Sunbelt markets of the United States. Focused on logistics and distribution facilities, EastGroup leverages the surge in e-commerce and shifting supply chain trends across key states such as Florida, Texas, Arizona, California, and North Carolina. With a strategically diversified portfolio and a strong commitment to operational excellence, the company offers institutional investors a compelling opportunity to capitalize on the robust and resilient industrial real estate sector.
Analyst Target Price
$194.25
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 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 | 2023-02-07 |
| Reported EPS | 1.26 | 1.2 | 1.14 | 1.1621 | 1.13 | 1.14 | 1.22 | 1.35 | 1.07 | 0.97 | 1.02 | 0.89 |
| Estimated EPS | 1.24 | 1.18 | 1.1 | 1.19 | 1.13 | 1.1 | 1.05 | 1.07 | 0.99 | 0.92 | 0.86 | 0.88 |
| Surprise | 0.02 | 0.02 | 0.04 | -0.0279 | 0 | 0.04 | 0.17 | 0.28 | 0.08 | 0.05 | 0.16 | 0.01 |
| Surprise Percentage | 1.6129% | 1.6949% | 3.6364% | -2.3445% | 0% | 3.6364% | 16.1905% | 26.1682% | 8.0808% | 5.4348% | 18.6047% | 1.1364% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-02-10 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | 1.3 |
| Currency | USD |
Previous Dividend Records
| Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | Oct 2023 | Jul 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 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 | 2023-07-14 |
| Amount | $1.55 | $1.4 | $1.4 | $1.4 | $1.4 | $1.27 | $1.27 | $1.27 | $1.27 | $1.25 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: EGP
2025-10-23 16:05:00
EastGroup Properties announced strong third-quarter 2025 results, with diluted EPS increasing to $1.26 and FFO per diluted share rising by 6.6% to $2.27 compared to the prior year. The company saw a 7.7% increase in same-property net operating income on a straight-line basis and acquired three operating properties for approximately $122 million. EastGroup also raised its quarterly cash dividend by 10.7% to $1.55 per share and updated its 2025 EPS and FFO guidance.
2025-10-23 00:00:00
EastGroup Properties Inc. reported its Q3 funds from operations at $121.1 million, or $2.27 per share, falling slightly short of analyst expectations of $2.28 per share. Despite this, the real estate investment trust's revenue of $182.1 million matched Street forecasts, and the company projects full-year funds from operations to be in the range of $8.94 to $8.98 per share. Net income for the quarter was $66.9 million, or $1.26 per share.
2025-10-17 19:34:01
Stock Traders Daily's AI models have identified significant volatility in Eastgroup Properties Inc. (NYSE: EGP), indicating a potential breakout and elevated downside risk. The analysis provides three distinct trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—along with multi-timeframe signal analysis and specific financial metrics. The article highlights strong near- and mid-term sentiment, suggesting a possible extension to the long term if sustained, but also warns about the lack of additional long-term support signals.
2025-10-17 09:46:35
WCM Investment Management LLC increased its stake in EastGroup Properties, Inc. (NYSE:EGP) by 5.7% during the second quarter, bringing its total holdings to 101,187 shares valued at approximately $16.95 million. Other institutional investors also adjusted their positions, and 92.14% of the stock is held by hedge funds and institutional investors. EastGroup Properties recently announced strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.
2025-10-17 07:44:05
Aberdeen Group plc increased its stake in EastGroup Properties (NYSE:EGP) by 16.5% in Q2 2025, now owning 18,771 shares valued at $3.14 million. EastGroup Properties reported strong Q2 earnings of $2.21 EPS, exceeding expectations, and increased its quarterly dividend to $1.55 per share, representing an annualized yield of 3.5%. The company's stock shows a positive price performance with a 50-day moving average of $167.43 and a 200-day moving average of $166.36.
2025-10-16 00:46:34
EastGroup Properties reported strong Q2 2025 results with 7.8% FFO per share growth and high occupancy rates near 96%, despite modestly reducing its development pipeline. The company expanded into Raleigh with two new property investments, emphasizing a focus on portfolio quality, diversity, and financial strength. This strategic expansion and resilient occupancy are key factors shaping its investment narrative.
