EastGroup Properties Inc
$ 205.29
1.30%
12 Jun - close price
- Market Cap 11,035,410,000 USD
- Current Price $ 205.29
- High / Low $ 205.95 / 202.72
- Stock P/E 37.33
- Book Value 66.64
- EPS 5.50
- Next Earning Report 2026-07-22
- Dividend Per Share $6.05
- Dividend Yield 2.99 %
- Next Dividend Date 2026-07-15
- ROA 0.03 %
- ROE 0.08 %
- 52 Week High 207.72
- 52 Week Low 155.24
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
$214.89
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-04-22 | 2026-02-04 | 2025-10-23 | 2025-07-23 | 2025-04-23 | 2025-02-06 | 2024-10-23 | 2024-07-23 | 2024-04-23 | 2024-02-07 | 2023-10-24 | 2023-07-25 |
| Reported EPS | 1.3 | 1.27 | 1.26 | 1.2 | 1.14 | 1.1621 | 1.13 | 1.14 | 1.22 | 1.35 | 1.07 | 0.97 |
| Estimated EPS | 1.22 | 1.3 | 1.25 | 1.19 | 1.12 | 1.19 | 1.14 | 1.1 | 1.04 | 1.07 | 0.99 | 0.91 |
| Surprise | 0.08 | -0.03 | 0.01 | 0.01 | 0.02 | -0.0279 | -0.01 | 0.04 | 0.18 | 0.28 | 0.08 | 0.06 |
| Surprise Percentage | 6.5574% | -2.3077% | 0.8% | 0.8403% | 1.7857% | -2.3445% | -0.8772% | 3.6364% | 17.3077% | 26.1682% | 8.0808% | 6.5934% |
Next Quarterly Earnings
| Jun 2026 | |
|---|---|
| Reported Date | 2026-07-22 |
| Fiscal Date Ending | 2026-06-30 |
| Estimated EPS | 2.37 |
| Currency | USD |
Previous Dividend Records
| Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-04-15 | 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 |
| Amount | $1.55 | $1.55 | $1.55 | $1.4 | $1.4 | $1.4 | $1.4 | $1.27 | $1.27 | $1.27 |
Next Dividend Records
| Dividend per share (year): | $6.05 |
| Dividend Yield | 2.99% |
| Next Dividend Date | 2026-07-15 |
| Ex-Dividend Date | 2026-06-30 |
Recent News: EGP
2026-06-14 01:09:09
EastGroup Properties (EGP) announced its Q2 2026 earnings conference call for July 23, 2026, where management will discuss results and the 2026 outlook. The company highlighted sustained demand for its Sunbelt logistics properties due to limited new supply, healthy leasing, and a strong balance sheet supporting dividends. The article suggests this update reinforces the investment narrative focused on Sunbelt industrial real estate, though risks like higher interest rates and constrained capital markets could impact development and acquisitions.
2026-06-13 08:40:08
Cohen & Steers Inc. significantly increased its stake in EastGroup Properties (NYSE:EGP) by 7% in the fourth quarter, now holding over 3 million shares valued at $545.7 million. This move coincides with a "Moderate Buy" consensus rating from analysts, who have raised price targets on the stock, and EastGroup Properties reporting strong quarterly earnings and a dividend announcement. The company, a real estate investment trust specializing in industrial properties, also saw increased holdings from several other institutional investors.
2026-06-12 08:10:26
Centersquare Investment Management LLC significantly increased its stake in EastGroup Properties (NYSE:EGP) by 42% in Q4, now owning 422,290 shares valued at approximately $75.2 million. This comes as EastGroup Properties reported strong quarterly earnings, beating estimates, and provided positive FY2026 EPS guidance. Analysts generally maintain a "Moderate Buy" rating for the REIT with an average price target of $208.07.
2026-06-11 21:09:53
EastGroup Properties, Inc. will release its Q2 2026 financial results after market close on July 22, 2026. A conference call discussing these results, current operations, and 2026 earnings outlook will be held on July 23, 2026, at 10:00 a.m. ET. The company is an equity REIT focused on industrial properties in high-growth U.S. markets.
2026-06-11 21:09:53
EastGroup Properties, Inc. (NYSE: EGP) announced it will host its Second Quarter 2026 Earnings Conference Call and Webcast on Thursday, July 23, 2026, at 10:00 a.m. Eastern Time. Senior management will discuss the company's Q2 results, current operations, and 2026 earnings outlook. Financial results will be released after the market closes on Wednesday, July 22, 2026, and will be available on the company's website.
2026-06-11 10:09:53
Heartland Advisors Inc. significantly increased its stake in EastGroup Properties, buying an additional 5,160 shares in Q4, bringing its total to 42,705 shares valued at $7.6 million. The real estate investment trust reported strong Q1 earnings, beating analyst estimates with $1.77 EPS and 9.1% revenue growth, while reaffirming its FY 2026 guidance. Analysts currently rate EGP as a "Moderate Buy" with a consensus price target of $208.07, and the company recently declared a quarterly dividend of $1.55 per share.
