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EastGroup Properties Announces Second Quarter 2026 Results
PRNewswire (Wed, 22-Jul 4:05 PM ET)
EastGroup Properties Announces Second Quarter 2026 Earnings Conference Call and Webcast
PRNewswire (Thu, 11-Jun 4:05 PM ET)
EastGroup Properties Announces Recent Business Activity and Presentation at Nareit's REITweek
PRNewswire (Thu, 28-May 4:10 PM ET)
EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The group has one reportable segment, which is industrial properties. The company derives its revenue in the form of rental income.
Eastgroup Properties trades on the NYSE stock market under the symbol EGP.
As of August 26, 2026, EGP stock price declined to $200.78 with 276,905 million shares trading.
EGP has a beta of 0.32, meaning it tends to be less sensitive to market movements. EGP has a correlation of 0.05 to the broad based SPY ETF.
EGP has a market cap of $10.79 billion. This is considered a Large Cap stock.
Last quarter Eastgroup Properties reported $193 million in Revenue and $2.36 earnings per share. This fell short of revenue expectation by $-638,608 and missed earnings estimates by -$.01.
In the last 3 years, EGP traded as high as $226.71 and as low as $137.67.
The top ETF exchange traded funds that EGP belongs to (by Net Assets): VNQ, IJH, VTI, VB, VBR.
EGP has outperformed the market in the last year with a price return of +23.6% while the SPY ETF gained +20.4%. However, in the short term, EGP had mixed performance relative to the market. It has underperformed in the last 3 months, returning -1.4% vs +3.0% return in SPY. But in the last 2 weeks, EGP shares have fared better than the market returning -0.4% compared to SPY -0.6%.
EGP support price is $200.12 and resistance is $205.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EGP shares will trade within this expected range on the day.