EastGroup Properties, Inc. (EGP)

US — Real Estate Sector
Peers: TRNO  PLYM  LXP  FR  REXR  INDT  COLD 

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Key Metrics & Ratings

  • symbol EGP
  • Rev/Share 12.7221
  • Book/Share 64.3733
  • PB 2.6954
  • Debt/Equity 0.4469
  • CurrentRatio 0.6365
  • ROIC 0.0536

 

  • MktCap 9111526000.0
  • FreeCF/Share 7.9545
  • PFCF 22.043
  • PE 39.4518
  • Debt/Assets 0.2927
  • DivYield 0.0315
  • ROE 0.0747

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 4
  • P/B Score 1
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade EGP Truist Hold Buy -- -- April 10, 2025
Downgrade EGP Piper Sandler Overweight Neutral -- $175 April 7, 2025
Downgrade EGP Evercore ISI Outperform In-line $181 $185 March 17, 2025
Initiation EGP Deutsche Bank -- Buy -- $180 Jan. 14, 2025
Upgrade EGP Jefferies Hold Buy $174 $194 Jan. 2, 2025
Downgrade EGP KeyBanc Capital Markets Overweight Sector Weight -- -- Dec. 17, 2024
Upgrade EGP Raymond James Outperform Strong Buy $185 $200 Dec. 11, 2024
Upgrade EGP Evercore ISI In-line Outperform $192 $204 Sept. 16, 2024
Upgrade EGP Mizuho Neutral Outperform $175 $200 Sept. 5, 2024
Upgrade EGP Wells Fargo Equal Weight Overweight $179 $214 Aug. 28, 2024

News

EastGroup Properties: Recycling Rents To Drive Growth
EGP
Published: May 29, 2025 by: Seeking Alpha
Sentiment: Positive

EastGroup Properties remains a solid Sunbelt industrial REIT, benefiting from strong markets and resilient demand for smaller, diversified industrial spaces. While management's focus on absolute growth causes dilution, rising implied cap rates and robust re-leasing spreads make shares a reasonable long-term store of value. The company boasts a 32-year uninterrupted dividend history, with a current 3.3% yield and continued FFO and dividend growth prospects.

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image for news EastGroup Properties: Recycling Rents To Drive Growth
EastGroup Properties Announces 182nd Consecutive Quarterly Cash Dividend
EGP
Published: May 22, 2025 by: PRNewsWire
Sentiment: Neutral

JACKSON, Miss. , May 22, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per share payable on July 15, 2025, to shareholders of record of Common Stock on June 30, 2025.

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image for news EastGroup Properties Announces 182nd Consecutive Quarterly Cash Dividend
CIO vs. EGP: Which Stock Should Value Investors Buy Now?
CIO, EGP
Published: April 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with City Office REIT (CIO) and EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?

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image for news CIO vs. EGP: Which Stock Should Value Investors Buy Now?
EastGroup Properties (EGP) Surges 7.6%: Is This an Indication of Further Gains?
EGP
Published: April 10, 2025 by: Zacks Investment Research
Sentiment: Positive

EastGroup Properties (EGP) was a big mover last session on higher-than-average trading volume. The latest trend in FFO estimate revisions might not help the stock continue moving higher in the near term.

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image for news EastGroup Properties (EGP) Surges 7.6%: Is This an Indication of Further Gains?
CIO or EGP: Which Is the Better Value Stock Right Now?
CIO, EGP
Published: March 31, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both City Office REIT (CIO) and EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?

Read More
image for news CIO or EGP: Which Is the Better Value Stock Right Now?
CIO or EGP: Which Is the Better Value Stock Right Now?
CIO, EGP
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either City Office REIT (CIO) or EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?

Read More
image for news CIO or EGP: Which Is the Better Value Stock Right Now?

About EastGroup Properties, Inc. (EGP)

  • IPO Date 1983-10-21
  • Website https://www.eastgroup.net
  • Industry REIT - Industrial
  • CEO Mr. Marshall A. Loeb
  • Employees 101

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet.