EastGroup Properties (EGP) Stock Price, News & Analysis

Company Overview

EastGroup Properties, Inc. (NYSE: EGP) is a real estate investment trust specializing in the ownership, development and management of industrial properties. Focused primarily on distribution-oriented facilities, the company’s portfolio consists of modern warehouse and light manufacturing buildings located in high-growth Sunbelt markets. EastGroup concentrates on delivering strategic logistics solutions to customers requiring proximity to transportation hubs and major population centers across the southern United States.

Since its founding in 1969, EastGroup has pursued a disciplined growth strategy that combines property development, targeted acquisitions and hands-on asset management. The company develops build-to-suit and speculative industrial projects designed to meet evolving supply chain needs, while also seeking value-add opportunities in its existing portfolio. Through an integrated platform, EastGroup handles site selection, construction oversight, leasing and property operations to maintain high occupancy and customer satisfaction levels.

Headquartered in Houston, Texas, EastGroup Properties operates across multiple states, including Texas, Florida, Arizona and Georgia, among others in the Sunbelt region. The company’s geographic focus aligns with major population and transportation corridors, supporting a diverse base of tenants in sectors such as e-commerce, transportation, manufacturing and third-party logistics.

EastGroup is led by CEO William R. Arceneaux, whose tenure has reinforced the company’s commitment to operational excellence and sustainable development practices. With a seasoned management team and a track record spanning more than five decades, EastGroup continues to expand its footprint and adapt its facilities to meet the dynamic needs of industrial customers.

Key Stats

• Today's Range: $165.84 to $167.84
• 50-Day Range: $159.56 to $169.82
• 52-Week Range: $137.67 to $192.21
• Volume: 393,453 shs
• Average Volume: 362,123 shs
• Market Capitalization: $8.90 billion
• P/E Ratio: 36.06
• Dividend Yield: 3.71%
• Price Target: $188.25
• Consensus Rating: Moderate Buy

EastGroup Properties Stock Analysis - MarketRank™

EastGroup Properties scored higher than 87% of companies evaluated by MarketBeat, and ranked 239th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

EastGroup Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.62, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

EastGroup Properties has a consensus price target of $188.25, representing about 12.8% upside from its current price of $166.94.

Amount of Analyst Coverage

EastGroup Properties has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.84%

Earnings Growth

Earnings for EastGroup Properties are expected to grow by 8.84% in the coming year, from $8.94 to $9.73 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of EastGroup Properties is 36.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of EastGroup Properties is 36.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 245.59.

Price to Earnings Growth Ratio

EastGroup Properties has a PEG Ratio of 3.42. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

EastGroup Properties has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.18% of the float of EastGroup Properties has been sold short.

Short Interest Ratio / Days to Cover

EastGroup Properties has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in EastGroup Properties has recently increased by 4.35%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

EastGroup Properties pays a meaningful dividend of 3.34%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

EastGroup Properties has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of EastGroup Properties is 120.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, EastGroup Properties will have a dividend payout ratio of 57.55% next year. This indicates that EastGroup Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -2.61

Percentage of Shares Shorted

3.18% of the float of EastGroup Properties has been sold short.

Short Interest Ratio / Days to Cover

EastGroup Properties has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in EastGroup Properties has recently increased by 4.35%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 1.51

News Sentiment

EastGroup Properties has a news sentiment score of 1.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.06 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for EastGroup Properties this week, compared to 9 articles on an average week.

Search Interest

12 people have searched for EGP on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added EastGroup Properties to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, EastGroup Properties insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of EastGroup Properties is held by insiders.

Percentage Held by Institutions

92.14% of the stock of EastGroup Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EGP Stock Analysis - Frequently Asked Questions

How have EGP shares performed this year?

EastGroup Properties' stock was trading at $160.49 on January 1st, 2025. Since then, EGP stock has increased by 4.0% and is now trading at $166.9410.

How were EastGroup Properties' earnings last quarter?

EastGroup Properties, Inc. (NYSE:EGP) posted its quarterly earnings data on Wednesday, July, 23rd. The real estate investment trust reported $2.21 earnings per share for the quarter, beating analysts' consensus estimates of $2.20 by $0.01. The business's revenue was up 11.4% compared to the same quarter last year.
Read the conference call transcript.

Who are EastGroup Properties' major shareholders?

EastGroup Properties' top institutional investors include Vanguard Group Inc. (13.70%), State Street Corp (5.00%), Norges Bank (2.83%) and Boston Partners (2.21%). Insiders that own company stock include Brent Wood, John F Coleman, Richard Reid Dunbar and Hayden C Eaves III.
View institutional ownership trends.

How do I buy shares of EastGroup Properties?

Shares of EGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of EastGroup Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that EastGroup Properties investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Home Depot (HD), Advanced Micro Devices (AMD), Netflix (NFLX) and Visa (V).

Company Calendar

• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Dividend Payable: 7/15/2025
• Last Earnings: 7/23/2025
• Today: 9/12/2025
• Record date for 10/15 Dividend: 9/30/2025
• Ex-Dividend for 10/15 Dividend: 9/30/2025
• Dividend Payable: 10/15/2025
• Next Earnings (Estimated): 10/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Industrial REITs
• Current Symbol: NYSE:EGP
• CIK: 49600
• Web: www.eastgroup.net
• Phone: (601) 354-3555
• Fax: 601-352-1441
• Employees: 90
• Year Founded: N/A

Price Target and Rating

• Average Price Target for EastGroup Properties: $188.25
• High Price Target: $215.00
• Low Price Target: $172.00
• Potential Upside/Downside: +12.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.62
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.63
• Trailing P/E Ratio: 36.06
• Forward P/E Ratio: 18.67
• P/E Growth: 3.33
• Net Income: $227.75 million
• Net Margins: 34.85%
• Pretax Margin: 34.86%
• Return on Equity: 7.29%
• Return on Assets: 4.67%

Debt

• Debt-to-Equity Ratio: 0.43
• Current Ratio: 0.16
• Quick Ratio: 0.16

Sales & Book Value

• Annual Sales: $640.23 million
• Price / Sales: 13.91
• Cash Flow: $8.61 per share
• Price / Cash Flow: 19.40
• Book Value: $66.51 per share
• Price / Book: 2.51

Miscellaneous

• Outstanding Shares: 53,330,000
• Free Float: 52,801,000
• Market Cap: $8.90 billion
• Optionable: Optionable
• Beta: 1.01