EASTGROUP PROPERTIES INC
EGPNYSETrading Snapshot
- Day Range
- $200.66 β $205.32
- 52-Week Range
- $159.37 β $226.71
- Volume
- $1.65B
- Avg Volume
- $2.01B
- Shares Outstanding
- 53.8M
- Next Earnings
- Sep 4, 2026
Fundamentals Snapshot
- Annual Revenue
- $721M
- Last Q Revenue
- $193M
- P/E Ratio
- 35.7
- P/S Ratio
- 14.4x
- EPS (TTM)
- $5.70
- Dividend Yield
- 2.97%
Why Investors Own EGP
- βHigh-growth profile β revenue up +20.8% YoY with expanding US Equity exposure.
- βHealthy economics β 27% gross margin and 22% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About EASTGROUP PROPERTIES INC
EastGroup Properties, Inc. (NYSE: EGP), a self-administered equity real estate investment trust and an S&P MidCap 400 company, specializes in the development, acquisition, and management of industrial properties. The company concentrates its efforts within major Sunbelt markets across the United States, with a particular focus on Florida, Texas, Arizona, California, and North Carolina. Its central aim is to enhance shareholder value by serving as a leading provider of adaptable, efficient, and high-quality business distribution facilities for location-sensitive clients, generally seeking spaces between 15,000 and 70,000 square feet. EastGroup's growth strategy prioritizes ownership of prime distribution centers, strategically positioned close to key transportation networks in submarkets where supply is limited. The firm's current portfolio encompasses approximately 45.8 million square feet, including properties under development, value-add acquisitions in lease-up, and those currently under construction.
Otter Score Breakdown
βAnalyst Ratings
βLatest News & Updates
Only 3 REITs For The Next 10 Years
Some REITs are best held for decades. Industrial properties, self-storage, and cell towers remain powerful compounding machines.
How To Lose Money Investing In REITs
Three REIT strategies can destroy returns. Click here to read more about three approaches investors should avoid.
RBC Capital Maintains Sector Perform on EastGroup Properties, Raises Price Target to $220
RBC Capital analyst Michael Carroll maintains EastGroup Properties (NYSE:EGP) with a Sector Perform and raises the price target from $208 to $220.
My 5-Step REIT Due Diligence Process To Find Winners
Read about our simple 5-step process to analyze REITsΓ’ΒΒprioritizing management and balance sheets before valuation.
Truist Securities Maintains Buy on EastGroup Properties, Raises Price Target to $230
Truist Securities analyst Michael Lewis maintains EastGroup Properties (NYSE:EGP) with a Buy and raises the price target from $215 to $230.
PINE vs. EGP: Which Stock Is the Better Value Option?
PINE vs. EGP: Which Stock Is the Better Value Option?