EGP icon

EastGroup Properties

166.95 USD
-0.72
0.43%
At close Updated Sep 12, 4:00 PM EDT
Pre-market
After hours
166.95
0.00
0%
1 day
-0.43%
5 days
1.62%
1 month
3.24%
3 months
-2.96%
6 months
-7.79%
Year to date
5.52%
1 year
-9.69%
5 years
26.7%
10 years
215.83%
 

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

0
Funds holding %
of 7,462 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

49% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 39

23% more repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 149

3.47% more ownership

Funds ownership: 96.99% [Q1] → 100.46% (+3.47%) [Q2]

2% more funds holding

Funds holding: 455 [Q1] → 465 (+10) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

1% less capital invested

Capital invested by funds: $8.89B [Q1] → $8.82B (-$68.3M) [Q2]

Research analyst outlook

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

Low target
$178
7% upside
Avg. target
$180
8% upside
High target
$182
9% upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Morgan Stanley
Stephen Byrd
$178
Equal-Weight
Maintained
9 Sep 2025
RBC Capital
Michael Carroll
$182
Sector Perform
Maintained
29 Jul 2025

Financial journalist opinion

Based on 7 articles about EGP published over the past 30 days

Positive
Zacks Investment Research
2 days ago
CIO or EGP: Which Is the Better Value Stock Right Now?
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 stocks is more attractive to value investors?
CIO or EGP: Which Is the Better Value Stock Right Now?
Neutral
PRNewsWire
12 days ago
EastGroup Properties Announces Participation in Upcoming Conferences
JACKSON, Miss. , Sept. 2, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today its participation in upcoming conferences.
EastGroup Properties Announces Participation in Upcoming Conferences
Positive
Zacks Investment Research
20 days ago
CIO or EGP: Which Is the Better Value Stock Right Now?
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 stocks presents investors with the better value opportunity right now?
CIO or EGP: Which Is the Better Value Stock Right Now?
Positive
Seeking Alpha
21 days ago
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts. Powell used his final Jackson Hole speech as Fed Chair to deliver a clear policy pivot, an unexpected reversal after months of insistence that tariff-related inflation warranted a hawkish framework. Markets were equally relieved by the policy-focused nature of Powell's speech amid speculation that the address may be used instead as a potential defiant sermon on central bank independence.
Powell Pivot Sparks REIT Rebound
Neutral
Seeking Alpha
22 days ago
Goodbye Growth? Here's What I'm Buying As Value Mounts A Comeback
Tech sector capital investment is surging, but enterprise AI adoption is showing disappointing returns, with 95% seeing zero ROI per an MIT study. This disconnect raises concerns about who will ultimately pay for the ongoing AI investment if enterprise customers remain slow to realize benefits. Recent underperformance in growth tech stocks reflects these doubts, while value-oriented dividend stocks have demonstrated resilience and defensiveness.
Goodbye Growth? Here's What I'm Buying As Value Mounts A Comeback
Neutral
PRNewsWire
23 days ago
EastGroup Properties Announces Dividend Increase
JACKSON, Miss. , Aug. 22, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors approved a 10.7% increase in its quarterly dividend, raising it to $1.55 per share from $1.40 per share.
EastGroup Properties Announces Dividend Increase
Neutral
Seeking Alpha
29 days ago
6 Stocks I'm Buying As Tariffs Weigh Down The Economy (Chart Storm!)
Inflation is in a tug of war: Disinflationary housing offsets inflationary tariffs, but tariffs will increasingly push consumer prices higher over the next year. The economy and stock market are both K-shaped, with affluent consumers and AI-related stocks thriving while others struggle or stagnate. Despite these divergences, I remain committed to value-oriented dividend growth investing, focusing on stocks with strong yields and growth potential.
6 Stocks I'm Buying As Tariffs Weigh Down The Economy (Chart Storm!)
Neutral
Seeking Alpha
1 month ago
Forget The S&P 500, Here's Where I'm Investing Instead
REITs have outperformed the S&P 500 over the long run. I expect REITs to return to their lead over the coming years. I highlight specific REITs that are especially well-positioned.
Forget The S&P 500, Here's Where I'm Investing Instead
Positive
Seeking Alpha
1 month ago
How I've Built A Monster Passive Income Portfolio (And What I'm Buying Now)
I remain committed to dividend growth investing, adapting my strategy to balance growth, yield, and defensiveness amid demographic and economic shifts. My 'galley ship' portfolio model uses ballast (cash), rowers (compounders), and sails (high-yielders) to optimize for both income growth and stability. Recent portfolio adjustments focus on defensive, recession-resistant stocks and ETFs, emphasizing passive income growth regardless of market cycles.
How I've Built A Monster Passive Income Portfolio (And What I'm Buying Now)
Neutral
Zacks Investment Research
1 month ago
CIO or EGP: Which Is the Better Value Stock Right Now?
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 stocks offers value investors a better bang for their buck right now?
CIO or EGP: Which Is the Better Value Stock Right Now?
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