EastGroup Properties (EGP) Expected to Release Quarterly Earnings on Wednesday

Key Points

• EastGroup Properties is expected to report Q3 2026 results after Wednesday’s market close. Analysts forecast earnings of $1.37 per share on $197.32 million in revenue; the earnings call is scheduled for October 22 at 10:00 a.m. ET.
• The REIT reported $1.40 in EPS in the prior quarter, exceeding estimates, while revenue rose 9% year over year to $193.33 million. Full-year 2026 guidance is $9.52–$9.66 in EPS.
• EastGroup increased its quarterly dividend to $1.75 from $1.55, equivalent to a $7.00 annualized payout and a 3.6% yield. Analysts maintain a “Moderate Buy” consensus with a $220.16 average price target.

EastGroup Properties (NYSE:EGP - Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect EastGroup Properties to announce earnings of $1.37 per share and revenue of $197.32 million for the quarter. EastGroup Properties has set its FY 2026 guidance at 9.520-9.660 EPS. Parties may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

EastGroup Properties (NYSE:EGP - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $1.40 EPS for the quarter, beating the consensus estimate of $1.31 by $0.09. The firm had revenue of $193.33 million during the quarter, compared to analyst estimates of $193.61 million. EastGroup Properties had a net margin of 40.47% and a return on equity of 8.61%. The company's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the business posted $2.21 EPS. On average, analysts expect EastGroup Properties to post $9.60 EPS for the current fiscal year and $10.25 EPS for the next fiscal year.

EastGroup Properties Trading Down 0.3%

NYSE:EGP opened at $196.83 on Wednesday. EastGroup Properties has a 52 week low of $167.45 and a 52 week high of $226.71. The firm has a 50-day moving average price of $199.82 and a two-hundred day moving average price of $201.79. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 34.53, a price-to-earnings-growth ratio of 2.97 and a beta of 1.00.

EastGroup Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $1.75 dividend. This is an increase from EastGroup Properties's previous quarterly dividend of $1.55. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.6%. EastGroup Properties's payout ratio is presently 122.81%.

Analyst Ratings Changes

A number of brokerages recently issued reports on EGP. Raymond James Financial began coverage on EastGroup Properties in a research note on Wednesday, June 17th. They issued an "outperform" rating and a $241.00 price objective on the stock. Weiss Ratings lowered shares of EastGroup Properties from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday. Royal Bank Of Canada lifted their target price on shares of EastGroup Properties from $208.00 to $220.00 and gave the stock a "sector perform" rating in a research note on Monday, August 3rd. Truist Financial lifted their target price on shares of EastGroup Properties from $215.00 to $230.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. Finally, Piper Sandler lowered their price target on shares of EastGroup Properties from $268.00 to $246.00 and set an "overweight" rating on the stock in a research report on Monday. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $220.16.

About EastGroup Properties

EastGroup Properties, Inc NYSE: EGP is a self-administered and self-managed equity real estate investment trust (REIT) that develops, acquires, owns and operates industrial properties. Its portfolio is primarily composed of distribution and warehouse facilities designed to support customers' logistics, manufacturing and regional fulfillment needs.

The company focuses on functional, well-located industrial properties in major Sun Belt markets, with an emphasis on infill locations near population centers, transportation networks and business districts.

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