EGP Overview

EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's strategy for growth is based on ownership of distribution facilities generally clustered near major transportation features in supply-constrained submarkets. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, includes approximately 63.9 million square feet. The Company's properties are primarily in the 20,000 to 100,000 square foot range. The majority of the Company’s leases are triple net leases, in which the tenant is responsible for their pro rata share of operating expenses during the lease term, including real estate taxes, insurance and common area maintenance.

Wall Street analysts forecast EGP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EGP is202.71 USD with a low forecast of 172.00 USD and a high forecast of 230.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Eastgroup Properties Inc revenue for the last quarter amounts to 187.47M USD, increased 14.28

Eastgroup Properties Inc. EPS for the last quarter amounts to 1.27 USD, increased 9.48

Eastgroup Properties Inc (EGP) has 103 emplpoyees as of March 02 2026.

Today EGP has the market capitalization of 10.47B USD.