EastGroup Properties
EGP
Market cap $8.98B

170.99 USD

-1.06

0.62%

At close Jun 13, 4:00 PM EDT

After hours

170.99

+0.00

0.00%

1 day

-0.62%

5 days

-0.37%

1 month

-0.19%

3 months

-3.17%

6 months

-0.15%

Year to date

8.07%

1 year

2.94%

5 years

40.16%

10 years

200.88%

About: EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The group has one reportable segment, which is industrial properties. The company derives its revenue in the form of rental income.

Employees: 101

Real Estate Industrial REIT

0

Funds holding %

of 7,296 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

181% more call options, than puts

Call options by funds: $247K | Put options by funds: $88K

94% more repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 104

27% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 49

11% more capital invested

Capital invested by funds: $7.97B [Q4 2024] → $8.89B (+$913M) [Q1 2025]

1% more funds holding

Funds holding: 446 [Q4 2024] → 452 (+6) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]

3.35% less ownership

Funds ownership: 100.3% [Q4 2024] → 96.95% (-3.35%) [Q1 2025]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$172

1%

upside

Avg. target

$184

8%

upside

High target

$200

17%

upside

8 analyst ratings

4 positive

50%

4 neutral

50%

0 negative

0%

Wells Fargo Blaine Heck	9%upside $187	Overweight Maintained	19 May 2025
Baird David Rodgers	11%upside $190	Outperform Maintained	7 May 2025
Raymond James Jonathan Hughes	17%upside $200	Strong Buy Maintained	7 May 2025
Truist Securities Ki Bin Kim	4%upside $177	Buy Maintained	5 May 2025
Barclays Brendan Lynch	6%upside $182	Equal-Weight Maintained	30 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about EGP published over the past 30 days

If I Could Only Own 3 REITs, It Would Be These

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If I Could Only Own 3 REITs, It Would Be These

AI Is Reshaping Real Estate - 3 REIT Sectors Set To Win Big

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AI Is Reshaping Real Estate - 3 REIT Sectors Set To Win Big

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Tariffs On, Tariffs Off

US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending the on-again-off-again tariff saga, a trade court ruled that the tariffs were procedurally invalid, but an Appeals court paused the block, likely sending the decision to the Supreme Court. Rebounding from declines of 2.6% last week, the S&P 500 rallied 1.8% this week, closing within 4% of its February record highs.

Tariffs On, Tariffs Off

EastGroup Properties Announces Recent Business Activity and Presentation at Nareit's REITweek

JACKSON, Miss. , May 29, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today its recent business activity.

EastGroup Properties Announces Recent Business Activity and Presentation at Nareit's REITweek

EastGroup Properties: Recycling Rents To Drive Growth

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.

EastGroup Properties: Recycling Rents To Drive Growth

5 Lessons For My 5 Kids

Fifteen years of investing and writing taught me that humility, perseverance, and financial literacy are essential for long-term success. Avoid market timing and emotional investing; focus on time in the market, sound fundamentals, and disciplined research-based decisions. Steer clear of high-yield, speculative REITs; prioritize blue-chip REITs with reliable income and growth prospects for wealth building.

5 Lessons For My 5 Kids

REITs: The Riches Are In The Niches

REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong growth projected in sectors like data centers, industrial, net lease, and residential properties. I recommend focusing on quality REITs trading below historical multiples, emphasizing margin of safety and reliable dividend growth.

REITs: The Riches Are In The Niches

4 Dividend Stocks I'm Buying As The 'Big Beautiful Bill' Takes Its Toll

The recent market selloff in dividend stocks, especially REITs and utilities, presents attractive buying opportunities despite broader indices holding up. The House budget bill's rapid rollback of clean energy tax credits triggered a sharp selloff in renewables, but I see this as a long-term buying opportunity. I remain optimistic about renewables due to resilient demand, potential Senate moderation, and likely reinstatement of subsidies if Democrats regain power.

4 Dividend Stocks I'm Buying As The 'Big Beautiful Bill' Takes Its Toll

EastGroup Properties Announces 182nd Consecutive Quarterly Cash Dividend

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.

EastGroup Properties Announces 182nd Consecutive Quarterly Cash Dividend

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