EASTGROUP PROPERTIES INC
No SEC Form 4 filings for $EGP in the last 30 days.
EastGroup Properties (NYSE:EGP) hit a new 52-week high on Tuesday, trading up to $207.01 and last at $206.79 versus a prior close of $205.16. The REIT reported Q1 EPS of $1.77 (vs $1.27 consensus) on revenue of $190.26M. Analysts cited by MarketBeat show a $205.33 consensus target; RBC raised its target to $208 and Truist/Morgan Stanley to $215.
M&T Bank Corp significantly increased its stake in EastGroup Properties, Inc. (NYSE:EGP) by 1,304.0% in the fourth quarter, now holding 110,595 shares valued at $19.70 million. Other institutional investors have also adjusted their positions in the real estate investment trust, which recently posted strong earnings, beating consensus estimates, and provided FY 2026 guidance. Analyst ratings for EGP are mostly positive, with a "Moderate Buy" consensus.
EastGroup Properties reported strong Q4 2025 financial performance with FFO of $2.34 per share, an 8.8% quarter-over-quarter increase, and annual growth of 7.7%. The company achieved a 97% leasing rate and 96.5% occupancy, driven by significant development leasing, and projects an optimistic 2026 FFO per share between $9.40 and $9.60, along with plans for $250 million in new development starts. Analyst ratings show a moderate buy sentiment, with an average 1-year price target of $194.06.
