EastGroup Properties (NYSE:EGP) Reaches New 12-Month High on Better-Than-Expected Earnings

EastGroup Properties, Inc. (NYSE:EGP) hit a new 52-week high on Thursday following a stronger than expected earnings report. The stock traded as high as $190.50 and last traded at $189.51, with a volume of 191827 shares. The stock had previously closed at $183.13.

The real estate investment trust reported $2.34 EPS for the quarter, beating the consensus estimate of $2.33 by $0.01. EastGroup Properties had a return on equity of 7.28% and a net margin of 35.58%.The firm had revenue of $187.47 million during the quarter, compared to analyst estimates of $185.44 million. During the same period in the prior year, the firm posted $2.15 earnings per share. The business’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.

EastGroup Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $1.55 dividend. This represents a $6.20 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Wednesday, December 31st. EastGroup Properties’s dividend payout ratio (DPR) is 130.25%.

EastGroup Properties News Summary

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

• Positive Sentiment: Q4 results beat estimates — FFO/EPS of $2.34 (vs. $2.33 consensus) and revenue of $187.5M beat forecasts; year-over-year FFO rose from $2.15. This confirms near-term earnings strength. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Company issued FY2026 guidance of $9.40–$9.60 EPS and Q1 guidance of $2.25–$2.33, both well above prior consensus — a major catalyst for upside re-rating if management delivers. MarketBeat Earnings Report
• Positive Sentiment: Operational strength: same-property NOI increased ~8% (Q4), portfolio ~97% leased/96.5% occupied, and rental rates on new/renewal leases rose sharply (34.6% Q4; ~40% for full year) — supports sustainable cash flow growth. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Investor-return and balance-sheet moves: quarterly dividend raised ~10.7% to $1.55 and the company closed $250M of senior unsecured term loans at a 4.13% effective rate — shows capital flexibility at attractive financing costs. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Analyst reaction: BMO’s John Kim reaffirmed a Buy and $205 price target, citing current performance and balance-sheet strength. That supports further upside if guidance is validated. TipRanks Analyst Note
• Neutral Sentiment: Acquisition and development pipeline: the company added operating properties and land (~$262M in acquisitions) and initiated several development projects — growth-accretive but capital intensive. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Market commentary and valuation takes are mixed — several write-ups examine metrics and valuation after the move, but differ on how much of the good news is already priced in. Yahoo Finance Valuation Note
• Negative Sentiment: Small occupancy erosion year-over-year (average occupancy 95.9% in 2025 vs. 96.8% in 2024) — a modest soft spot that bears watching if the trend continues. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Zacks coverage highlights the beats and dives into metric detail — useful for modeling but not new headline risk. Zacks Key Metrics

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EGP. Wall Street Zen upgraded EastGroup Properties from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Cantor Fitzgerald restated an “overweight” rating on shares of EastGroup Properties in a report on Tuesday, January 20th. Evercore ISI lifted their price objective on EastGroup Properties from $183.00 to $185.00 and gave the company an “in-line” rating in a research note on Monday, December 22nd. UBS Group set a $200.00 target price on shares of EastGroup Properties in a research report on Thursday, December 4th. Finally, Mizuho reaffirmed a “neutral” rating and set a $172.00 price target (down from $180.00) on shares of EastGroup Properties in a research report on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, EastGroup Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $195.19.

Institutional Trading of EastGroup Properties

Several large investors have recently modified their holdings of EGP. True Wealth Design LLC boosted its holdings in EastGroup Properties by 159.7% in the third quarter. True Wealth Design LLC now owns 161 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. State of Wyoming acquired a new position in shares of EastGroup Properties in the 2nd quarter valued at approximately $27,000. MAI Capital Management raised its position in shares of EastGroup Properties by 83.7% in the 3rd quarter. MAI Capital Management now owns 180 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 82 shares in the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in shares of EastGroup Properties during the 3rd quarter valued at approximately $34,000. Finally, Mather Group LLC. acquired a new stake in shares of EastGroup Properties during the third quarter worth approximately $35,000. 92.14% of the stock is currently owned by institutional investors and hedge funds.

EastGroup Properties Trading Up 3.2%

The firm has a market cap of $10.08 billion, a P/E ratio of 39.77, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. The business’s 50 day moving average is $181.64 and its 200-day moving average is $174.25. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 0.42.

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.