EastGroup Properties (NYSE:EGP) Updates Q3 2025 Earnings Guidance

EastGroup Properties (NYSE:EGP - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.220-2.300 for the period, compared to the consensus earnings per share estimate of 2.251. The company issued revenue guidance of -. EastGroup Properties also updated its FY 2025 guidance to 8.890-9.030 EPS.

EastGroup Properties Price Performance

EGP stock traded down $1.66 during trading on Friday, reaching $164.56. 462,187 shares of the company were exchanged, compared to its average volume of 437,041. The company has a market cap of $8.64 billion, a P/E ratio of 35.54, a PEG ratio of 3.75 and a beta of 1.01. EastGroup Properties has a 52-week low of $137.67 and a 52-week high of $192.21. The stock's 50 day moving average price is $169.04 and its 200 day moving average price is $169.46. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.12 and a current ratio of 0.12.

EastGroup Properties (NYSE:EGP - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.01. EastGroup Properties had a net margin of 34.85% and a return on equity of 7.44%. The company had revenue of $177.29 million for the quarter, compared to the consensus estimate of $175.80 million. During the same quarter in the prior year, the firm earned $2.05 earnings per share. The company's revenue for the quarter was up 11.4% compared to the same quarter last year. As a group, analysts predict that EastGroup Properties will post 8.94 earnings per share for the current fiscal year.

EastGroup Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a dividend of $1.40 per share. This represents a $5.60 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend was Monday, June 30th. EastGroup Properties's dividend payout ratio is currently 122.54%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Raymond James Financial reaffirmed a "strong-buy" rating on shares of EastGroup Properties in a research note on Wednesday, May 7th. Robert W. Baird dropped their price objective on shares of EastGroup Properties from $194.00 to $190.00 and set an "outperform" rating for the company in a research report on Wednesday, May 7th. Evercore ISI increased their price objective on shares of EastGroup Properties from $179.00 to $180.00 and gave the stock an "in-line" rating in a research report on Thursday, April 24th. Piper Sandler dropped their price objective on shares of EastGroup Properties from $175.00 to $172.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Finally, Wall Street Zen raised shares of EastGroup Properties from a "sell" rating to a "hold" rating in a research report on Sunday, April 27th. Seven research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $190.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Wealth lifted its position in shares of EastGroup Properties by 2.2% in the 1st quarter. Focus Partners Wealth now owns 6,103 shares of the real estate investment trust's stock worth $1,075,000 after buying an additional 130 shares during the last quarter. Jane Street Group LLC lifted its position in shares of EastGroup Properties by 309.8% in the 1st quarter. Jane Street Group LLC now owns 15,878 shares of the real estate investment trust's stock worth $2,797,000 after buying an additional 12,003 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of EastGroup Properties by 28.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 190,144 shares of the real estate investment trust's stock worth $33,494,000 after buying an additional 41,538 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of EastGroup Properties by 18,900.0% in the 1st quarter. Jones Financial Companies Lllp now owns 950 shares of the real estate investment trust's stock worth $167,000 after buying an additional 945 shares during the last quarter. 92.14% of the stock is owned by institutional investors and hedge funds.

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.