EastGroup Properties (NYSE:EGP) Issues 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 EPS guidance of 2.220-2.300 for the period, compared to the consensus EPS 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 Stock Performance

Shares of NYSE:EGP traded down $1.66 during trading on Friday, hitting $164.56. 462,187 shares of the stock were exchanged, compared to its average volume of 433,884. EastGroup Properties has a 1-year low of $137.67 and a 1-year high of $192.21. The company has a market capitalization of $8.78 billion, a price-to-earnings ratio of 35.54, a price-to-earnings-growth ratio of 3.62 and a beta of 1.01. The company's fifty day simple moving average is $168.78 and its 200-day simple moving average is $169.62. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.12 and a current ratio of 0.16.

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 EPS for the quarter, beating the consensus estimate of $2.20 by $0.01. The business had revenue of $177.29 million for 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%. EastGroup Properties's quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.05 EPS. Sell-side analysts expect that EastGroup Properties will post 8.94 EPS for the current fiscal year.

EastGroup Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $1.40 dividend. This represents a $5.60 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date was Monday, June 30th. EastGroup Properties's dividend payout ratio is currently 120.95%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on EGP shares. Piper Sandler reduced their price objective on EastGroup Properties from $175.00 to $172.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Barclays dropped their target price on EastGroup Properties from $193.00 to $182.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 30th. Truist Financial dropped their price objective on EastGroup Properties from $180.00 to $177.00 and set a "buy" rating for the company in a report on Monday, May 5th. Wall Street Zen upgraded EastGroup Properties from a "sell" rating to a "hold" rating in a report on Sunday, April 27th. Finally, Robert W. Baird dropped their price objective on EastGroup Properties from $194.00 to $190.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. Seven research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, EastGroup Properties has an average rating of "Moderate Buy" and an average price target of $190.00.

Institutional Investors Weigh In On EastGroup Properties

Several large investors have recently modified their holdings of the business. Jones Financial Companies Lllp boosted its position in shares of EastGroup Properties by 18,900.0% during the first 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 period. Focus Partners Wealth boosted its position in shares of EastGroup Properties by 2.2% during the first 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 period. Jane Street Group LLC boosted its position in shares of EastGroup Properties by 309.8% during the first 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 period. Finally, Goldman Sachs Group Inc. boosted its position in shares of EastGroup Properties by 28.0% during the first 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 period. 92.14% of the stock is currently owned by institutional investors.

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.