EastGroup Properties (NYSE:EGP) Issues Q1 2026 Earnings Guidance

EastGroup Properties (NYSE:EGP) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.250-2.330 for the period, compared to the consensus earnings per share estimate of 1.620. The company issued revenue guidance of -. EastGroup Properties also updated its FY 2026 guidance to 9.400-9.600 EPS.

Analysts Set New Price Targets

Several analysts have issued reports on EGP shares. Wall Street Zen upgraded shares of EastGroup Properties from a “sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EastGroup Properties in a research note on Monday, December 29th. BNP Paribas Exane raised shares of EastGroup Properties from a “neutral” rating to an “outperform” rating and set a $207.00 price target for the company in a research report on Monday, October 27th. KeyCorp raised EastGroup Properties from a “sector weight” rating to an “overweight” rating and set a $200.00 price target for the company in a research note on Thursday, December 4th. Finally, Royal Bank Of Canada set a $183.00 price objective on EastGroup Properties and gave the company a “sector perform” rating in a research report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, EastGroup Properties currently has an average rating of “Moderate Buy” and a consensus target price of $195.19.

EastGroup Properties Price Performance

Shares of NYSE:EGP traded up $2.86 during trading on Wednesday, hitting $182.97. 674,725 shares of the company’s stock were exchanged, compared to its average volume of 376,353. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.01 and a quick ratio of 0.01. The business’s 50-day simple moving average is $181.64 and its 200 day simple moving average is $174.25. EastGroup Properties has a 52-week low of $137.67 and a 52-week high of $188.89. The company has a market cap of $9.76 billion, a price-to-earnings ratio of 38.44, a PEG ratio of 2.64 and a beta of 1.11.

EastGroup Properties (NYSE:EGP) last posted its earnings results on Wednesday, February 4th. The real estate investment trust reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $2.33 by $0.01. EastGroup Properties had a return on equity of 7.28% and a net margin of 35.58%.During the same quarter in the prior year, the company posted $2.15 earnings per share. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. EastGroup Properties has set its FY 2026 guidance at 9.400-9.600 EPS and its Q1 2026 guidance at 2.250-2.330 EPS. As a group, equities analysts predict that EastGroup Properties will post 8.94 EPS for the current year.

EastGroup Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $1.55 dividend. This represents a $6.20 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Wednesday, December 31st. EastGroup Properties’s dividend payout ratio is currently 130.25%.

EastGroup Properties News Roundup

Here are the key news stories impacting EastGroup Properties this week:

• Positive Sentiment: Company issued very strong forward guidance — Q1‑2026 EPS guidance of $2.25–$2.33 and FY‑2026 EPS guidance of $9.40–$9.60, both well above consensus — a primary driver of the rally. Company Press Release / Slide Deck
• Positive Sentiment: Q4 FFO (ex certain items) of $2.34 beat estimates and rose ~8.8% year-over-year; same‑property NOI and occupancy improved — supports the outlook and cashflow quality. EastGroup Properties (EGP) Surpasses Q4 FFO and Revenue Estimates
• Positive Sentiment: Company raised the quarterly dividend by 10.7% to $1.55 and closed $250M of term loans at a low fixed rate (~4.13%), reinforcing capital allocation and balance‑sheet flexibility. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: BMO’s John Kim reiterated a Buy and $205 price target, citing current performance and balance‑sheet strength — adds third‑party validation for investors. EastGroup Properties: Solid Current Performance and Balance Sheet Strength Support Buy Rating Despite Cautious 2026 Guidance
• Neutral Sentiment: The EPS/FFO beat was modest (+$0.01 vs. consensus) — good but not a blowout; the market reaction is primarily driven by the strong guidance and operational metrics. EastGroup Properties (EGP) Surpasses Q4 FFO and Revenue Estimates
• Neutral Sentiment: Analyses on valuation note the stock trades at a premium (high P/E) relative to some peers — could temper gains if growth expectations slow. A Look At EastGroup Properties (EGP) Valuation After Recent Share Price Moves
• Negative Sentiment: Relatively high valuation metrics (PE ~38) increase sensitivity to execution or macro headwinds; disappointing future quarters could trigger a larger pullback.

Institutional Trading of EastGroup Properties

Institutional investors have recently modified their holdings of the company. CIBC Bancorp USA Inc. acquired a new stake in shares of EastGroup Properties in the 3rd quarter worth $2,369,000. Captrust Financial Advisors lifted its position in EastGroup Properties by 1.5% during the third quarter. Captrust Financial Advisors now owns 10,596 shares of the real estate investment trust’s stock valued at $1,793,000 after purchasing an additional 158 shares during the period. Danske Bank A S purchased a new stake in shares of EastGroup Properties in the third quarter worth about $85,000. CANADA LIFE ASSURANCE Co lifted its stake in shares of EastGroup Properties by 6.2% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 124,115 shares of the real estate investment trust’s stock valued at $21,004,000 after purchasing an additional 7,233 shares during the period. Finally, Alyeska Investment Group L.P. boosted its stake in shares of EastGroup Properties by 296.6% during the 3rd quarter. Alyeska Investment Group L.P. now owns 285,476 shares of the real estate investment trust’s stock worth $48,320,000 after acquiring an additional 213,493 shares in the last quarter. 92.14% of the stock is currently owned by institutional investors.

EastGroup Properties Company Profile

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.