These 10 large-cap REIT stocks have the least attractive valuation grades
Seeking Alpha News (Tue, 2-Jun 2:30 PM ET)
TipRanks (Tue, 2-Jun 7:53 AM ET)
Eastgroup Properties (EGP) Gets a Buy from Piper Sandler
TipRanks (Fri, 29-May 5:58 AM ET)
Wall Street Analysts Are Bullish on Top Real Estate Picks
TipRanks (Fri, 29-May 5:32 AM ET)
EastGroup portfolio 96.5% leased, 95.7% occupied
Seeking Alpha News (Thu, 28-May 4:24 PM ET)
EastGroup Properties Announces Recent Business Activity and Presentation at Nareit's REITweek
PRNewswire (Thu, 28-May 4:10 PM ET)
EastGroup Properties Announces 186th Consecutive Quarterly Cash Dividend
PRNewswire (Thu, 21-May 4:05 PM ET)
EastGroup Properties Announces First Quarter 2026 Results
PRNewswire (Wed, 22-Apr 4:05 PM ET)
Business Wire (Thu, 16-Apr 9:00 AM ET)
EastGroup Properties Announces First Quarter 2026 Earnings Conference Call and Webcast
PRNewswire (Thu, 12-Mar 11:54 AM 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 June 2, 2026, EGP stock price climbed to $195.75 with 329,442 million shares trading.
EGP has a beta of 0.46, meaning it tends to be less sensitive to market movements. EGP has a correlation of 0.11 to the broad based SPY ETF.
EGP has a market cap of $10.52 billion. This is considered a Large Cap stock.
Last quarter Eastgroup Properties reported $190 million in Revenue and $2.34 earnings per share. This fell short of revenue expectation by $-170,738 and exceeded earnings estimates by $.69.
In the last 3 years, EGP traded as high as $207.72 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 underperformed the market in the last year with a price return of +19.7% while the SPY ETF gained +30.1%. EGP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.5% and -3.2%, respectively, while the SPY returned +11.0% and +2.8%, respectively.
EGP support price is $192.63 and resistance is $197.04 (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.