EastGroup Properties
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 7,433 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
46% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 39
25% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 146
3.05% more ownership
Funds ownership: 96.99% [Q1] → 100.04% (+3.05%) [Q2]
1% more funds holding
Funds holding: 455 [Q1] → 460 (+5) [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] → $8.78B (-$105M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$182
9%
upside
Avg. target
$182
9%
upside
High target
$182
9%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
RBC Capital Michael Carroll | 9%upside $182 | Sector Perform Maintained | 29 Jul 2025 |
Financial journalist opinion
Based on 11 articles about EGP published over the past 30 days
Positive
Zacks Investment Research
1 day 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?
Positive
Seeking Alpha
2 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.
Neutral
Seeking Alpha
3 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.
Neutral
PRNewsWire
4 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.
Neutral
Seeking Alpha
1 week ago
6 Stocks I'm Buying As Tariffs Weigh Down The Economy (Chart Storm!)
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Neutral
Seeking Alpha
2 weeks ago
Forget The S&P 500, Here's Where I'm Investing Instead
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Positive
Seeking Alpha
2 weeks ago
How I've Built A Monster Passive Income Portfolio (And What I'm Buying Now)
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Neutral
Zacks Investment Research
2 weeks 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?
Positive
Seeking Alpha
3 weeks ago
2 'Wide Moat' REITs That Are Hard To Beat
I focus on 'wide moat' REITs with durable competitive advantages and strong valuation discounts for superior risk-adjusted returns. Equity LifeStyle boasts resilient demand drivers, high switching costs, robust brand engagement, and a stellar financial track record, now trading at multi-year lows. EastGroup leverages network-effect clusters, diversified tenants, and disciplined development, offering strong growth, a fortress balance sheet, and attractive valuation.
Positive
Seeking Alpha
3 weeks ago
6 Stocks I'm Buying As AI And Tariffs Battle For Market Dominance
Are we in an AI bubble? And will it be AI or tariffs that determine the trajectory of the market going forward? I'm focusing on dividend growth stocks and ETFs with attractive yields and solid projected dividend growth rates. I estimate most of the stocks on my buy list will deliver mid- to high-single-digit dividend growth going forward.
Charts implemented using Lightweight Charts™