EastGroup Properties

EGP

Market cap $9.08B

EastGroup Properties gets a buy rating for my initial coverage, agreeing with today's Wall St consensus on this industrial REIT. Despite headwinds this year in the warehouse niche, this REIT has maintained high occupancy and continues growing its portfolio of properties in high growth states like Texas and Florida. EGP has impressive profit margins within its peer group, proven cashflow and dividend growth while also investing in acquisitions, and an investment-grade from Moody's.

EastGroup Properties is a top-tier industrial REIT focused on high-quality, infill shallow bay assets in fast-growing Sunbelt markets. EGP boasts a conservative balance sheet, low leverage, and a strong dividend growth record, making it attractive for long-term dividend growth investors. Despite recent supply-driven headwinds, EGP's 4% vacancy rate and mark-to-market rent growth position EGP for 7-8% FFO per share growth.

REITs in 2025 have shown disciplined capital raising, issuing equity mainly when trading at premiums to NAV and capturing low-cost debt opportunistically. Welltower and CareTrust issued equity at significant premiums, signaling management's awareness of overvaluation and maximizing accretion for shareholders. Undervalued REITs like UMH Properties are shifting to share buybacks, recognizing the accretive opportunity at deep discounts to NAV and cheap AFFO multiples.

If I could only buy 3 REITs, I would stick to blue chips. REITs with fortress balance sheets and exceptional track records. These would be my 3 picks.

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 stocks presents investors with the better value opportunity right now?

JACKSON, Miss. , Sept. 24, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Third Quarter 2025 Earnings Conference Call and Webcast on Friday, October 24, 2025, at 11:00 a.m.

REITs performed very well in August (+5.48%), almost pulling the REIT sector's year-to-date total return back into the black (-1.11%). Small cap (+7.52%) and mid cap REITs (+7.13%) averaged strong gains in August while large caps (+3.16%) and micro caps (+0.87%) averaged more modest returns. 83.87% of REIT securities had a positive total return in August.

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?

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.

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?