EastGroup Properties (EGP) Projected to Post Earnings on Thursday

Key Points

• EastGroup Properties (EGP) is expected to release its Q3 2025 earnings on October 23, with analysts forecasting earnings of $2.27 per share and revenue of $181.88 million.
• The company recently increased its quarterly dividend to $1.55 per share, resulting in an annualized dividend yield of 3.5%.
• Analysts have mixed ratings on EastGroup Properties, with a consensus rating of "Moderate Buy" and a target price of $188.31, following recent adjustments in price objectives from various firms.

EastGroup Properties (NYSE:EGP - Get Free Report) is projected to post its Q3 2025 results after the market closes on Thursday, October 23rd. Analysts expect EastGroup Properties to post earnings of $2.27 per share and revenue of $181.8790 million for the quarter. EastGroup Properties has set its Q3 2025 guidance at 2.220-2.300 EPS. FY 2025 guidance at 8.890-9.030 EPS.Individuals can check the company's upcoming Q3 2025 earningsummary page for the latest details on the call scheduled for Friday, October 24, 2025 at 11:00 AM ET.

EastGroup Properties (NYSE:EGP - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $2.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.20 by $0.01. The firm had revenue of $177.29 million during the quarter, compared to analyst estimates of $175.80 million. EastGroup Properties had a return on equity of 7.29% and a net margin of 34.85%.The firm's quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the company posted $2.05 EPS. On average, analysts expect EastGroup Properties to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

EastGroup Properties Stock Performance

Shares of NYSE EGP opened at $174.76 on Thursday. The stock has a fifty day moving average price of $167.18 and a two-hundred day moving average price of $166.36. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market cap of $9.32 billion, a P/E ratio of 37.74, a PEG ratio of 3.47 and a beta of 1.02. EastGroup Properties has a 1 year low of $137.67 and a 1 year high of $188.89.

EastGroup Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $1.55 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $6.20 annualized dividend and a dividend yield of 3.5%. This is a boost from EastGroup Properties's previous quarterly dividend of $1.40. EastGroup Properties's dividend payout ratio is 133.91%.

Analyst Ratings Changes

Several research firms have recently weighed in on EGP. Morgan Stanley raised their price objective on EastGroup Properties from $170.00 to $178.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 9th. Weiss Ratings reissued a "hold (c)" rating on shares of EastGroup Properties in a research note on Wednesday, October 8th. Cantor Fitzgerald began coverage on EastGroup Properties in a research note on Wednesday, October 1st. They set an "overweight" rating and a $190.00 price objective for the company. Royal Bank Of Canada reduced their price objective on EastGroup Properties from $183.00 to $182.00 and set a "sector perform" rating for the company in a research note on Tuesday, July 29th. Finally, Evercore ISI reduced their price objective on EastGroup Properties from $180.00 to $179.00 and set an "in-line" rating for the company in a research note on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $188.31.

Institutional Trading of EastGroup Properties

Several hedge funds and other institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. boosted its position in shares of EastGroup Properties by 64.7% in the second quarter. Osaic Holdings Inc. now owns 2,633 shares of the real estate investment trust's stock worth $447,000 after buying an additional 1,034 shares during the period. State of Wyoming acquired a new stake in shares of EastGroup Properties in the second quarter worth $27,000. CANADA LIFE ASSURANCE Co boosted its position in shares of EastGroup Properties by 6.9% in the second quarter. CANADA LIFE ASSURANCE Co now owns 116,882 shares of the real estate investment trust's stock worth $19,539,000 after buying an additional 7,565 shares during the period. Adelante Capital Management LLC boosted its position in shares of EastGroup Properties by 14.0% in the second quarter. Adelante Capital Management LLC now owns 191,849 shares of the real estate investment trust's stock worth $32,062,000 after buying an additional 23,580 shares during the period. Finally, Corient Private Wealth LLC boosted its position in shares of EastGroup Properties by 49.9% in the second quarter. Corient Private Wealth LLC now owns 21,991 shares of the real estate investment trust's stock worth $3,675,000 after buying an additional 7,324 shares during the period. Institutional investors and hedge funds own 92.14% of the company's stock.

EastGroup Properties Company Profile

EastGroup Properties, Inc NYSE: EGP, a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina.

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