EastGroup Properties (NYSE:EGP) Releases FY 2026 Earnings Guidance

EastGroup Properties (NYSE:EGP) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.400-9.600 for the period, compared to the consensus estimate of 6.940. The company issued revenue guidance of -. EastGroup Properties also updated its Q1 2026 guidance to 2.250-2.330 EPS.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wells Fargo & Company increased their price target on shares of EastGroup Properties from $187.00 to $196.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Piper Sandler set a $220.00 target price on EastGroup Properties in a research note on Friday, December 12th. Evercore ISI upped their price target 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 price objective on EastGroup Properties in a research report on Thursday, December 4th. Finally, Morgan Stanley set a $205.00 target price on shares of EastGroup Properties in a research note on Friday, January 16th. One investment 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 stock. According to data from MarketBeat, EastGroup Properties has an average rating of “Moderate Buy” and an average price target of $195.19.

EastGroup Properties Stock Performance

Shares of EGP opened at $188.73 on Friday. EastGroup Properties has a twelve month low of $137.67 and a twelve month high of $190.50. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.01 and a current ratio of 0.01. The firm’s 50 day moving average price is $181.79 and its two-hundred day moving average price is $174.35. The firm has a market cap of $10.07 billion, a P/E ratio of 38.75, a PEG ratio of 2.69 and a beta of 1.11.

EastGroup Properties (NYSE:EGP) last issued its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $2.34 earnings per share for the quarter, topping the consensus estimate of $2.33 by $0.01. EastGroup Properties had a net margin of 35.68% and a return on equity of 7.47%. The company had revenue of $187.47 million during the quarter, compared to analysts’ expectations of $185.44 million. During the same period last year, the business earned $2.15 EPS. The business’s quarterly revenue was up 14.3% on a year-over-year basis. 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. On average, analysts forecast that EastGroup Properties will post 8.94 EPS for the current fiscal year.

EastGroup Properties Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 3.3%. The ex-dividend date was Wednesday, December 31st. EastGroup Properties’s payout ratio is presently 127.31%.

Key EastGroup Properties News

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

• Positive Sentiment: Management raised Q1 2026 EPS guidance to $2.250–2.330 and FY 2026 guidance to $9.400–9.600 — both well above consensus, signaling stronger-than-expected forward earnings visibility. PR Newswire: Earnings Release
• Positive Sentiment: Q4 operational beats: FFO (ex-claims) of $2.34 beat estimates, revenue rose ~14% YoY, same‑property NOI increased ~8% and new/renewal rents surged (reported average increases >30%), supporting durable cash flow growth. PR Newswire: Earnings Release
• Positive Sentiment: Balance sheet and capital actions: closed $250M senior unsecured term loans at an effective fixed rate of ~4.13%, easing financing cost risk while funding acquisitions and developments. PR Newswire: Earnings Release
• Positive Sentiment: Shareholder return: company raised the quarterly dividend by $0.15 (10.7%), reinforcing confidence in cash flow and supporting investor demand for the REIT. PR Newswire: Earnings Release
• Positive Sentiment: Analyst stance: BMO’s John Kim reaffirmed a Buy rating with a $205 price target, citing solid results and balance-sheet strength despite a cautious tone on 2026 execution risk. TipRanks: Analyst Note
• Neutral Sentiment: Earnings call / transcript provide color on leasing, development cadence and market trends; the transcript and highlights show management is executing but flagged pacing and development timing as items to watch. Seeking Alpha: Call Transcript
• Neutral Sentiment: Active portfolio moves: acquisitions of operating assets and development land plus the start of multiple development projects increase growth runway but add near-term execution and capital-deployment risk. PR Newswire: Earnings Release
• Negative Sentiment: Minor occupancy slip: average occupancy for 2025 was 95.9% vs. 96.8% in 2024 — a small deterioration that investors will watch for signs of weakening demand in certain markets. PR Newswire: Earnings Release
• Neutral Sentiment: Post‑release valuation commentary is circulating (analyses on recent share moves and valuation metrics); investors may re‑price the stock based on updated growth assumptions versus the higher guidance. Yahoo Finance: Valuation Article

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cetera Investment Advisers increased its holdings in shares of EastGroup Properties by 1.9% in the second quarter. Cetera Investment Advisers now owns 3,668 shares of the real estate investment trust’s stock valued at $613,000 after purchasing an additional 68 shares during the last quarter. United Capital Financial Advisors LLC boosted its holdings in shares of EastGroup Properties by 3.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 2,334 shares of the real estate investment trust’s stock worth $395,000 after buying an additional 81 shares during the period. Parallel Advisors LLC grew its stake in EastGroup Properties by 53.5% in the 3rd quarter. Parallel Advisors LLC now owns 244 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 85 shares during the last quarter. Focus Partners Wealth raised its holdings in EastGroup Properties by 2.2% in the 1st quarter. Focus Partners Wealth now owns 6,103 shares of the real estate investment trust’s stock valued at $1,075,000 after acquiring an additional 130 shares during the period. Finally, Quadrant Capital Group LLC raised its holdings in EastGroup Properties by 3.2% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,833 shares of the real estate investment trust’s stock valued at $818,000 after acquiring an additional 150 shares during the period. 92.14% of the stock is owned by institutional investors and hedge funds.

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.