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EastGroup Properties - EGP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $191.80
  • Forecasted Upside: 18.81%
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 7 Hold Ratings
  • 7 Buy Ratings
  • 1 Strong Buy Ratings
$161.44 As of 12/20/2024 05:33 PM ET
▲ +2.7 (1.70%)

This chart shows the closing price for EGP by one month, three months, or twelve months.

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Analyst Price Target for EGP

Analyst Price Target is $191.80
▲ +18.81% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for EastGroup Properties in the last 3 months. The average price target is $191.80, with a high forecast of $209.00 and a low forecast of $167.00. The average price target represents a 18.81% upside from the last price of $161.44.

This chart shows the closing price for EGP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 15 contributing investment analysts is to moderate buy stock in EastGroup Properties. This rating has held steady since August 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 10 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 1 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2024KeyCorpReiterated RatingOverweight ➝ Sector Weight
12/11/2024Raymond JamesUpgradeOutperform ➝ Strong-Buy$185.00 ➝ $200.00
11/13/2024Truist FinancialLower TargetHold ➝ Hold$190.00 ➝ $186.00
11/4/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$214.00 ➝ $199.00
10/30/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$186.00 ➝ $186.00
10/25/2024WedbushReiterated RatingOutperform ➝ Outperform$209.00 ➝ $209.00
10/10/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$198.00 ➝ $193.00
10/7/2024Evercore ISIBoost TargetOutperform ➝ Outperform$204.00 ➝ $205.00
9/16/2024Evercore ISIUpgradeIn-Line ➝ Outperform$192.00 ➝ $204.00
9/5/2024MizuhoUpgradeNeutral ➝ Outperform$175.00 ➝ $200.00
8/28/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$188.00 ➝ $192.00
8/28/2024Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$179.00 ➝ $214.00
8/22/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$158.00 ➝ $186.00
8/5/2024WedbushBoost TargetOutperform ➝ Outperform$208.00 ➝ $209.00
8/5/2024Truist FinancialBoost TargetHold ➝ Hold$176.00 ➝ $190.00
7/30/2024KeyCorpBoost TargetOverweight ➝ Overweight$178.00 ➝ $198.00
7/30/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$172.00 ➝ $186.00
7/30/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$175.00 ➝ $198.00
7/22/2024WedbushUpgradeNeutral ➝ Outperform$162.00 ➝ $208.00
6/4/2024BNP ParibasInitiated CoverageNeutral$167.00
5/31/2024MizuhoLower TargetNeutral ➝ Neutral$185.00 ➝ $175.00
5/6/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$190.00 ➝ $172.00
5/2/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$190.00 ➝ $183.00
5/1/2024Robert W. BairdLower TargetOutperform ➝ Outperform$195.00 ➝ $175.00
4/30/2024KeyCorpLower TargetOverweight ➝ Overweight$198.00 ➝ $178.00
4/29/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$181.00 ➝ $175.00
4/29/2024Piper SandlerLower TargetOverweight ➝ Overweight$215.00 ➝ $200.00
4/25/2024Evercore ISILower TargetIn-Line ➝ In-Line$190.00 ➝ $178.00
4/22/2024BMO Capital MarketsInitiated CoverageOutperform$190.00
4/11/2024JPMorgan Chase & Co.Initiated CoverageNeutral$190.00
4/2/2024MizuhoReiterated RatingNeutral ➝ Neutral$185.00
3/27/2024BarclaysInitiated CoverageEqual Weight$181.00
2/20/2024Truist FinancialBoost TargetHold ➝ Hold$186.00 ➝ $188.00
2/16/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$180.00 ➝ $190.00
2/12/2024KeyCorpBoost TargetOverweight ➝ Overweight$188.00 ➝ $198.00
1/16/2024Truist FinancialBoost TargetHold ➝ Hold$175.00 ➝ $186.00
12/5/2023MizuhoDowngradeBuy ➝ Neutral$185.00
11/27/2023Truist FinancialReiterated RatingHold ➝ Hold$175.00
10/27/2023Raymond JamesUpgradeMarket Perform ➝ Outperform$180.00
10/9/2023Evercore ISILower Target$177.00 ➝ $170.00
10/3/2023WedbushInitiated CoverageNeutral$175.00
8/7/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$165.00 ➝ $179.00
8/1/2023Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$158.00
7/27/2023Piper SandlerBoost Target$195.00 ➝ $215.00
7/26/2023BTIG ResearchBoost Target$198.00 ➝ $218.00
7/14/2023CitigroupBoost TargetBuy$195.00 ➝ $210.00
7/12/2023KeyCorpBoost Target$174.00 ➝ $188.00
6/12/2023CitigroupUpgradeNeutral ➝ Buy$165.00 ➝ $195.00
5/15/2023Truist FinancialLower Target$180.00 ➝ $175.00
4/28/2023KeyCorpBoost Target$170.00 ➝ $174.00
3/20/2023MizuhoUpgradeNeutral ➝ Buy$180.00 ➝ $185.00
2/22/2023Morgan StanleyBoost TargetEqual Weight$150.00 ➝ $158.00
2/21/2023Truist FinancialBoost TargetHold$170.00 ➝ $180.00
2/9/2023Robert W. BairdBoost TargetOutperform$170.00 ➝ $180.00
2/8/2023Piper SandlerReiterated RatingOverweight$180.00
1/5/2023Robert W. BairdUpgradeNeutral ➝ Outperform$170.00
12/14/2022KeyCorpUpgradeSector Weight ➝ Overweight$170.00
11/29/2022Truist FinancialLower TargetHold$175.00 ➝ $170.00
11/22/2022Wells Fargo & CompanyBoost TargetEqual Weight$140.00 ➝ $160.00
10/18/2022Wells Fargo & CompanyLower TargetEqual Weight$178.00 ➝ $140.00
10/17/2022Morgan StanleyLower TargetEqual Weight$195.00 ➝ $150.00
10/17/2022BTIG ResearchLower TargetBuy$248.00 ➝ $198.00
10/7/2022Piper SandlerLower TargetOverweight$200.00 ➝ $187.00
9/27/2022Evercore ISILower TargetIn-Line$156.00 ➝ $148.00
9/19/2022Evercore ISILower TargetIn-Line$159.00 ➝ $156.00
8/11/2022Wells Fargo & CompanyBoost TargetEqual Weight$170.00 ➝ $178.00
8/1/2022Morgan StanleyLower TargetEqual Weight$215.00 ➝ $195.00
7/4/2022Piper SandlerLower Target$200.00
6/30/2022Jefferies Financial GroupLower TargetHold$200.00 ➝ $144.00
6/20/2022Evercore ISISet Target$185.00
6/6/2022Wells Fargo & CompanyLower TargetEqual Weight$184.00 ➝ $170.00
6/6/2022Piper SandlerLower TargetOverweight$230.00 ➝ $210.00
5/31/2022Truist FinancialLower TargetHold$200.00 ➝ $175.00
5/17/2022MizuhoLower TargetNA$215.00 ➝ $180.00
5/4/2022Piper SandlerLower Target$245.00 ➝ $230.00
3/15/2022Wells Fargo & CompanyLower TargetEqual Weight$220.00 ➝ $184.00
1/18/2022Truist FinancialBoost Target$200.00 ➝ $205.00
1/13/2022MizuhoBoost Target$160.00 ➝ $215.00
12/23/2021BTIG ResearchBoost TargetBuy$164.00 ➝ $248.00
11/22/2021Morgan StanleyBoost TargetEqual Weight$175.00 ➝ $215.00
11/19/2021Wells Fargo & CompanyBoost TargetEqual Weight$175.00 ➝ $220.00
11/8/2021Royal Bank of CanadaBoost TargetPositive ➝ Sector Perform$177.00 ➝ $207.00
10/20/2021Berenberg BankInitiated CoverageBuy$215.00
10/8/2021Evercore ISIReiterated RatingHold$164.00
9/6/2021Robert W. BairdReiterated RatingHold ➝ Neutral
8/23/2021Truist FinancialBoost TargetHold ➝ Hold$152.00 ➝ $163.00
8/13/2021Wells Fargo & CompanyBoost TargetEqual Weight$168.00 ➝ $175.00
8/3/2021Royal Bank of CanadaBoost TargetNeutral ➝ Sector Perform$163.00 ➝ $177.00
7/15/2021Morgan StanleyBoost TargetEqual Weight$153.00 ➝ $160.00
7/14/2021MizuhoInitiated CoverageNeutral$160.00
6/7/2021Wells Fargo & CompanyBoost TargetEqual Weight$148.00 ➝ $168.00
6/1/2021Royal Bank of CanadaBoost TargetSector Perform$144.00 ➝ $163.00
5/20/2021Morgan StanleyBoost TargetEqual Weight$144.00 ➝ $153.00
5/17/2021Truist FinancialBoost TargetHold$145.00 ➝ $152.00
4/21/2021MizuhoBoost TargetNeutral$145.00 ➝ $150.00
4/16/2021BTIG ResearchBoost TargetTop Pick ➝ Buy$158.00 ➝ $164.00
3/31/2021Wells Fargo & CompanyBoost TargetEqual Weight$138.00 ➝ $148.00
1/21/2021BTIG ResearchUpgradeNeutral ➝ Buy$158.00
11/16/2020MizuhoBoost TargetNeutral$138.00 ➝ $145.00
9/22/2020Robert W. BairdInitiated CoverageNeutral$140.00
8/13/2020CitigroupBoost TargetNeutral$115.00 ➝ $139.00
8/11/2020Morgan StanleyBoost TargetEqual Weight$120.00 ➝ $144.00
8/4/2020MizuhoBoost TargetMarket Perform ➝ Neutral$105.00 ➝ $138.00
5/8/2020Royal Bank of CanadaBoost TargetSector Perform$102.00 ➝ $108.00
4/14/2020Piper SandlerLower TargetOverweight$150.00 ➝ $130.00
4/7/2020CitigroupLower TargetNeutral$133.00 ➝ $98.00
3/27/2020Royal Bank of CanadaInitiated CoverageSector Perform$102.00
3/10/2020Morgan StanleyLower TargetEqual Weight$130.00 ➝ $120.00
2/18/2020SunTrust BanksBoost TargetHold$125.00 ➝ $135.00
2/7/2020Evercore ISIInitiated CoverageHold$128.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.40 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 15 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 15 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 10 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 15 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 12 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 19 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 19 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 38 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 38 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

EastGroup Properties logo
EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier 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, currently includes approximately 59 million square feet.
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Today's Range

Now: $161.44
Low: $159.55
High: $163.89

50 Day Range

MA: $173.40
Low: $158.74
High: $185.27

52 Week Range

Now: $161.44
Low: $155.23
High: $192.61

Volume

1,002,694 shs

Average Volume

305,348 shs

Market Capitalization

$7.99 billion

P/E Ratio

33.36

Dividend Yield

3.27%

Beta

0.99

Frequently Asked Questions

What sell-side analysts currently cover shares of EastGroup Properties?

The following Wall Street sell-side analysts have issued reports on EastGroup Properties in the last twelve months: Barclays PLC, BMO Capital Markets, BNP Paribas, Evercore ISI, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Raymond James, Robert W. Baird, Royal Bank of Canada, StockNews.com, Truist Financial Co., Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for EGP.

What is the current price target for EastGroup Properties?

0 Wall Street analysts have set twelve-month price targets for EastGroup Properties in the last year. Their average twelve-month price target is $191.80, suggesting a possible upside of 18.8%. Wedbush has the highest price target set, predicting EGP will reach $209.00 in the next twelve months. BNP Paribas has the lowest price target set, forecasting a price of $167.00 for EastGroup Properties in the next year.
View the latest price targets for EGP.

What is the current consensus analyst rating for EastGroup Properties?

EastGroup Properties currently has 7 hold ratings, 7 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for EGP.

What other companies compete with EastGroup Properties?

Other companies that are similar to EastGroup Properties include First Industrial Realty Trust, STAG Industrial, Terreno Realty, Prologis and Extra Space Storage. Learn More about companies similar to EastGroup Properties.

How do I contact EastGroup Properties' investor relations team?

EastGroup Properties' physical mailing address is 400 W PARKWAY PLACE SUITE 100, RIDGELAND MS, 39157. The real estate investment trust's listed phone number is (601) 354-3555 and its investor relations email address is [email protected]. The official website for EastGroup Properties is www.eastgroup.net. Learn More about contacing EastGroup Properties investor relations.