Eight of EastGroup's nine directors are independent after two appointments
EastGroup Properties (NYSE: EGP) has expanded its board of directors to nine members by appointing Bethany Logan Ropa and Robyn R. Werner, effective October 1, 2026. With these additions, eight of the nine directors are now independent. Ms. Ropa brings experience as Chief Financial Officer of JE Dunn Construction Group and from UBS, while Ms. Werner is a Certified Public Accountant with a background in auditing public real estate investment trusts at Ernst & Young.
Form 8K EastGroup Properties Inc For: 1 October By Investing.com
This article announces that EastGroup Properties Inc. has filed a Form 8K for October 1st. The brief entry provides the company's stock symbol (EGP) and its current performance (+0.48%). No further details regarding the content of the Form 8K are included.
Form 8K EastGroup Properties Inc For: 1 October By Investing.com
This article announces that EastGroup Properties Inc. has filed a Form 8K on October 1st. The brief news item from Investing.com indicates this filing, which typically reports significant events that shareholders should know about.
Form 8K EastGroup Properties Inc For: 1 October By Investing.com
This article announces that EastGroup Properties Inc. filed a Form 8K on October 1. The brief entry from Investing.com provides no further details beyond the filing date. It highlights the routine nature of such corporate disclosures for investors monitoring company news.
EastGroup Properties Inc To Go Ex-Dividend On September 30th, 2026 With 1.75 USD Dividend Per Share
EastGroup Properties Inc. (NYSE: EGP) is scheduled to go ex-dividend on September 30th, 2026. The company will pay a dividend of 1.75 USD per share to shareholders of record.
EastGroup Properties Announces Third Quarter 2026 Earnings Conference Call and Webcast
EastGroup Properties, Inc. (NYSE: EGP) will host its Third Quarter 2026 Earnings Conference Call and Webcast on Thursday, October 22, 2026, at 10:00 a.m. Eastern Time. The company plans to release its financial results for the quarter after the market closes on Wednesday, October 21, 2026. Senior management will discuss the results, current operations, and earnings outlook for 2026 during the call.
J.P. Morgan Upgrades EastGroup Properties Inc(EGP.US) to Buy Rating, Maintains Target Price $231
J.P. Morgan has upgraded its rating for EastGroup Properties Inc (EGP.US) to "Buy" from its previous "Neutral" stance. Concurrently, the firm has decided to maintain its target price for the company at $231. This change in rating suggests increased confidence from J.P. Morgan in EGP's future performance.
Q3 results are planned for release after market close Oct. 21; EastGroup's call follows Oct. 22.
EastGroup Properties (NYSE: EGP) has announced its Third Quarter 2026 Earnings Conference Call and Webcast will be held on October 22, 2026, at 10:00 a.m. Eastern Time. The company plans to release its quarterly financial results and supplemental information after the market closes on October 21, 2026. Senior management will discuss the results, current operations, and the 2026 earnings outlook during the call.
EastGroup to report Q3 2026 earnings on Oct 21, followed by a conference call on Oct 22.
EastGroup Properties will release its third quarter 2026 financial results on October 21 after market close. A conference call and webcast will be held on October 22 at 10 a.m. ET to discuss the results, current operations, and the 2026 earnings outlook. EastGroup specializes in industrial real estate in key U.S. markets.
EastGroup Properties Announces Third Quarter 2026 Earnings Conference Call and Webcast
EastGroup Properties, Inc. (NYSE: EGP) announced it will host its Third Quarter 2026 Earnings Conference Call and Webcast on Thursday, October 22, 2026, at 10:00 a.m. Eastern Time. Senior management will discuss the company's Q3 results, current operations, and earnings outlook. Financial results will be released after market close on Wednesday, October 21, 2026, and will be available on their website.
JPMorgan Upgrades EastGroup Properties to Overweight From Neutral, Price Target Is $231
JPMorgan has upgraded EastGroup Properties (NYSE: EGP) from Neutral to Overweight. The firm has also set a price target of $231 for the stock. This upgrade suggests a positive outlook on the company's future performance.
EastGroup Properties (NYSE:EGP) Upgraded by JPMorgan Chase & Co. to "Overweight" Rating
JPMorgan Chase & Co. has upgraded EastGroup Properties (NYSE:EGP) from "neutral" to "overweight," setting a price target of $231.00, which suggests a potential 14.15% upside. This upgrade comes as other analysts have also issued ratings on EGP, contributing to its current "Moderate Buy" consensus. EastGroup Properties recently reported strong quarterly earnings, exceeding EPS expectations, and institutional investors hold a significant portion of its stock.
Bank of America Corp DE Makes New $94.50 Million Investment in EastGroup Properties, Inc. $EGP
Bank of America Corp DE has made a new investment of $94.50 million in EastGroup Properties, acquiring 466,624 shares during the second quarter. EastGroup Properties reported strong financial results, with quarterly EPS exceeding analyst expectations and revenue increasing by 9% year-over-year, leading to a "Moderate Buy" consensus rating from analysts. The company also raised its quarterly dividend, reflecting its solid performance and positive outlook.
EastGroup Properties, Inc. Common Stock (NYSE:EGP) Detailed Stock Data
This article provides detailed stock data for EastGroup Properties, Inc. (NYSE: EGP), including its closing price, daily high and low, 52-week range, EPS, P/E ratio, dividend yield, and trading volume. It also offers a snapshot of the stock's price performance over various periods, such as year-to-date and 1-year returns.
Evercore Maintains EastGroup Properties Inc(EGP.US) With Hold Rating, Raises Target Price to $202
Evercore has reiterated its Hold rating on EastGroup Properties Inc (EGP.US) and increased its target price for the stock to $202. This indicates a maintained neutral stance on the company while acknowledging a higher valuation potential.
BMO Capital Maintains EastGroup Properties Inc(EGP.US) With Buy Rating, Raises Target Price to $225
BMO Capital has reiterated its Buy rating for EastGroup Properties Inc (EGP.US) and increased its target price to $225. This indicates a positive outlook from the firm regarding the company's stock performance.
Squarepoint Ops LLC Acquires 24,419 Shares of EastGroup Properties, Inc. $EGP
Squarepoint Ops LLC significantly increased its stake in EastGroup Properties (NYSE:EGP) during the second quarter, purchasing an additional 24,419 shares to reach a total of 30,301 shares valued at $6.14 million. The real estate investment trust reported strong quarterly earnings, exceeding analyst estimates with $1.40 EPS and a 9% year-over-year revenue increase, leading to a raised quarterly dividend and an overall "Moderate Buy" consensus rating from analysts.
California State Teachers Retirement System Buys 12,571,929 Shares of EastGroup Properties, Inc. $EGP
The California State Teachers Retirement System significantly increased its stake in EastGroup Properties, Inc. (NYSE:EGP) by purchasing an additional 12,571,929 shares, raising its total holdings to 12.63 million shares, representing 23.5% of the company. Analysts have a "Moderate Buy" consensus rating with an average price target of $221.68. The company recently reported strong earnings, beating EPS estimates, and increased its quarterly dividend to $1.75 per share.
EastGroup Properties, Inc. (NYSE:EGP) Given Average Rating of "Moderate Buy" by Analysts
Analysts have given EastGroup Properties, Inc. (NYSE:EGP) an average rating of "Moderate Buy," with a 12-month average price target of $221.68, exceeding its current $198.77 opening price. The company reported strong Q2 earnings of $1.40 per share, surpassing estimates, and increased its quarterly dividend to $1.75 per share, representing a 3.5% yield. Institutional investors hold a significant 92.14% stake in the real estate investment trust specializing in industrial properties.
Wellington Management Group LLP Has $45.48 Million Stock Position in EastGroup Properties, Inc. $EGP
Wellington Management Group LLP increased its stake in EastGroup Properties, Inc. (EGP) by 11.5% in the second quarter, bringing its total holdings to 224,548 shares valued at $45.48 million. Other institutional investors also adjusted their positions, with institutional investors collectively owning 92.14% of the REIT. EastGroup Properties reported strong quarterly earnings, exceeding analyst estimates, and raised its quarterly dividend to $1.75 per share, maintaining a "Moderate Buy" consensus among analysts.
EastGroup Properties reports 97.1% portfolio lease rate By Investing.com
EastGroup Properties Inc. (NYSE:EGP) has announced a portfolio lease rate of 97.1% and an occupancy rate of 96.1% as of August 31. The industrial REIT signed significant new and renewal leases, achieving substantial rental rate increases. The company also initiated new development projects, acquired properties and development land in strategic locations, and entered into forward equity sale agreements.
EastGroup Properties reports 97.1% portfolio lease rate
EastGroup Properties Inc. announced a 97.1% portfolio lease rate and 96.1% occupancy as of August 31, along with significant leasing activity and rental rate increases. The company initiated new development projects, acquired properties in Austin and development land in Dallas and Tampa, and entered into forward equity sale agreements. Management is also scheduled to participate in several upcoming conferences.
EastGroup Properties, Inc. $EGP Shares Sold by Alyeska Investment Group L.P.
Alyeska Investment Group L.P. significantly reduced its stake in EastGroup Properties, Inc. (NYSE:EGP) by 74% in the second quarter of 2026, selling 278,729 shares. Despite this, institutional investors and hedge funds still own 92.14% of the company. Analysts maintain a "Moderate Buy" rating with an average target price of $221.11, and EastGroup Properties recently increased its quarterly dividend to $1.75 per share, offering a 3.5% yield.
Jupiter Topco LLC Acquires New Stake in EastGroup Properties, Inc. $EGP
Jupiter Topco LLC has acquired a new stake in EastGroup Properties, Inc., purchasing 43,412 shares valued at approximately $8.8 million, representing 0.08% of the REIT. Institutional investors hold a significant 92.14% ownership in the company, which also reported strong quarterly EPS results and an increased dividend. Analyst sentiment remains positive, with a "Moderate Buy" consensus and an average price target of $221.11.
Public Employees Retirement System of Ohio Invests $22.86 Million in EastGroup Properties, Inc. $EGP
The Public Employees Retirement System of Ohio recently invested $22.86 million in EastGroup Properties, Inc. (NYSE:EGP), acquiring 112,847 shares, representing about 0.21% of the industrial REIT. EastGroup Properties has shown strong performance, exceeding quarterly EPS expectations and increasing its quarterly dividend to $1.75 per share, yielding 3.5%. Analysts generally maintain a "Moderate Buy" rating for the company, with an average price target of $221.11.
Legal & General Group Plc Acquires Shares of 306,500 EastGroup Properties, Inc. $EGP
Legal & General Group Plc has acquired 306,500 shares of EastGroup Properties, Inc. (NYSE:EGP), valued at approximately $62.1 million, representing about 0.57% of the company. EastGroup Properties reported strong quarterly earnings, surpassing analyst expectations, and increased its quarterly dividend. The company maintains a "Moderate Buy" consensus rating from analysts, with an average price target of $221.11.
Corient Private Wealth LP Invests $20.16 Million in EastGroup Properties, Inc. $EGP
Corient Private Wealth LP has invested $20.16 million in EastGroup Properties, acquiring 99,528 shares of the REIT, representing 0.19% of the company. EastGroup Properties has shown strong financial performance with quarterly EPS of $1.40, exceeding analyst expectations, and a 9% year-over-year revenue increase. The company also increased its quarterly dividend and received a "Moderate Buy" consensus rating from analysts.
Bamco Inc. NY Acquires New Shares in EastGroup Properties, Inc. $EGP
Bamco Inc. NY has acquired a new stake of 67,985 shares in EastGroup Properties, Inc. (NYSE:EGP) during the second quarter, valued at approximately $13.8 million. This acquisition makes Bamco Inc. NY owner of about 0.13% of the real estate investment trust's stock, while institutional investors and hedge funds collectively hold 92.14% of the shares. EastGroup Properties recently reported strong quarterly earnings, beating EPS estimates, increasing its dividend, and maintaining a "Moderate Buy" consensus rating from analysts with an average price target of $221.11.
Hsbc Holdings PLC Buys New Stake in EastGroup Properties, Inc. $EGP
Hsbc Holdings PLC recently acquired 154,996 shares of EastGroup Properties, Inc. (NYSE:EGP) valued at approximately $31.4 million in the second quarter, representing 0.29% of the REIT. Institutional investors now collectively own 92.14% of the company. EastGroup Properties also exceeded quarterly EPS expectations and increased its quarterly dividend to $1.75 per share, leading to a "Moderate Buy" consensus rating from analysts with an average target price of $221.11.
EastGroup Properties, Inc. (NYSE:EGP) Raises Dividend to $1.75 Per Share
EastGroup Properties (NYSE:EGP) has increased its quarterly dividend by 12.9% to $1.75 per share, resulting in an annual dividend of $7.00 and a 3.5% yield. While the current payout ratio of 117.6% indicates that the dividend is not fully covered by present earnings, analysts project that next year's earnings will support a lower payout ratio of 60.4%. The company recently reported adjusted earnings of $1.40 per share, surpassing estimates, and its revenue increased by 9% year-over-year.
EastGroup Properties Announces Dividend Increase
EastGroup Properties, Inc. announced a 12.9% increase in its quarterly dividend, raising it to $1.75 per share, payable on October 15, 2026. This marks the 187th consecutive quarterly cash distribution and the 31st dividend increase in the last 34 years for the company. EastGroup is an equity REIT focused on industrial properties in high-growth U.S. markets.
EastGroup Properties extends its dividend streak to 34 years
EastGroup Properties (NYSE: EGP) announced a 12.9% increase in its quarterly dividend, raising it from $1.55 to $1.75 per share, payable on October 15, 2026. This marks the company's 187th consecutive quarterly cash distribution and extends its streak of increasing or maintaining dividends to 34 years, with increases in 31 of those years, including the last 15 consecutive years. The annualized dividend rate is now $7.00 per share.
The Manufacturers Life Insurance Company Buys New Position in EastGroup Properties, Inc. $EGP
The Manufacturers Life Insurance Company recently acquired a new position in EastGroup Properties, Inc. (NYSE:EGP), purchasing 273,694 shares valued at approximately $55.4 million, representing a 0.51% stake in the company. Institutional investors collectively own 92.14% of the REIT. EastGroup Properties reported strong quarterly earnings, beating EPS estimates and showing a 9% year-over-year revenue increase, with analysts maintaining a "Moderate Buy" consensus rating and an average price target of $221.11.
Palisade Capital Management LP Buys New Shares in EastGroup Properties, Inc. $EGP
Palisade Capital Management LP has acquired 82,294 shares of EastGroup Properties (NYSE:EGP) in Q2, valued at $16.7 million, representing a 0.15% stake in the REIT. This move comes as other institutional investors have also adjusted their positions, with overall institutional ownership at 92.14%. EastGroup Properties recently exceeded analyst earnings expectations and provided strong fiscal 2026 EPS guidance, contributing to a "Moderate Buy" consensus among analysts.
Bank of New York Mellon Corp Purchases New Stake in EastGroup Properties, Inc. $EGP
Bank of New York Mellon Corp has acquired a new stake of 460,584 shares in EastGroup Properties, Inc. (NYSE:EGP) during the second quarter, valued at approximately $93.28 million. Other institutional investors also adjusted their holdings in the real estate investment trust. EastGroup Properties reported stronger-than-expected Q2 earnings and analysts anticipate an EPS of 9.6 for the current year.
Quantbot Technologies LP Acquires Shares of 11,851 EastGroup Properties, Inc. $EGP
Quantbot Technologies LP has acquired 11,851 shares of EastGroup Properties, Inc. (NYSE:EGP) valued at approximately $2.4 million, making them a new institutional investor in the company. EastGroup Properties has also seen other institutional investors make significant changes to their holdings, with a total of 92.14% of the company's stock owned by institutional investors and hedge funds. Analysts maintain a "Moderate Buy" rating for EGP, with several firms raising their price targets after the company reported strong Q2 earnings, beating EPS estimates and showing a 9% year-over-year revenue increase.
EP Wealth Advisors LLC Makes New $1.25 Million Investment in EastGroup Properties, Inc. $EGP
EP Wealth Advisors LLC has acquired a new stake of 6,165 shares in EastGroup Properties, Inc. (NYSE:EGP) valued at approximately $1.25 million during the second quarter. This investment is part of a broader trend of institutional investors and hedge funds increasing their positions in the real estate investment trust, which now collectively own 92.14% of the company's stock. Analysts currently rate EastGroup Properties as a "Moderate Buy" with a consensus target price of $221.11, following recent upgrades in price targets and ratings.
Barrow Hanley Mewhinney & Strauss LLC Invests $6.53 Million in EastGroup Properties, Inc. $EGP
Barrow Hanley Mewhinney & Strauss LLC has acquired a new stake of 32,218 shares, valued at $6.53 million, in EastGroup Properties, Inc. (NYSE:EGP) during the second quarter. This investment makes up 0.06% of EastGroup Properties. Other institutional investors like BlackRock Inc. and Cohen & Steers Inc. have also made significant investments or increased their holdings in the company.
Allworth Financial LP Purchases Shares of 6,912 EastGroup Properties, Inc. $EGP
Allworth Financial LP has acquired 6,912 shares of EastGroup Properties, Inc. (NYSE:EGP) worth approximately $1.4 million. This move is part of broader institutional interest, with hedge funds and other institutional investors owning 92.14% of the company's stock. EastGroup Properties recently reported strong quarterly earnings, beating analyst expectations, and several firms have raised their price targets for the stock.
EastGroup Properties Announces Second Quarter 2026 Earnings Conference Call and Webcast
EastGroup Properties, Inc. (NYSE: EGP) announced it will host its Second Quarter 2026 Earnings Conference Call and Webcast on Thursday, July 23, 2026, at 10:00 a.m. Eastern Time. Senior management will discuss quarterly results, current operations, and the 2026 earnings outlook. The financial results will be released after the market closes on Wednesday, July 22, 2026.
14,110 Shares in EastGroup Properties, Inc. $EGP Acquired by Westpac Banking Corp
Westpac Banking Corp acquired 14,110 shares of EastGroup Properties (NYSE:EGP) in the second quarter, valuing the stake at approximately $2.86 million. Institutional investors and hedge funds collectively own 92.14% of the REIT, which recently reported stronger-than-expected quarterly earnings and provided positive fiscal 2026 EPS guidance. Analysts generally maintain a "Moderate Buy" rating for the stock, with an average price target of $221.11.
Heartland Advisors Inc. Makes New $8.71 Million Investment in EastGroup Properties, Inc. $EGP
Heartland Advisors Inc. has made a new $8.71 million investment in EastGroup Properties, Inc., acquiring 42,986 shares of the REIT, representing approximately 0.08% of the company. Other institutional investors have also adjusted their holdings in EGP. The company recently exceeded quarterly earnings expectations, reporting $1.40 EPS against an estimated $1.31, with revenue up 9% year-over-year.
Emerald Investment Advisers LLC Purchases New Position in EastGroup Properties, Inc. $EGP
Emerald Investment Advisers LLC recently acquired a new position of 42,118 shares in EastGroup Properties, valued at approximately $8.53 million, bringing institutional ownership in the REIT to 92.14%. EastGroup Properties reported strong second-quarter earnings, exceeding EPS estimates with $1.40 and achieving 9% year-over-year revenue growth. Analysts maintain a "Moderate Buy" consensus for the stock with an average price target of $221.11, while the company issued positive fiscal 2026 EPS guidance.
B. Metzler seel. Sohn & Co. AG Makes New $3.75 Million Investment in EastGroup Properties, Inc. $EGP
B. Metzler seel. Sohn & Co. AG has made a new $3.75 million investment in EastGroup Properties, Inc. (NYSE:EGP) by acquiring 18,531 shares. This comes as EastGroup Properties reported strong quarterly earnings, beating estimates with $1.40 EPS and a 9% revenue increase, and provided fiscal 2026 EPS guidance of $9.52–$9.66. Analysts maintain a "Moderate Buy" rating for the stock, with an average price target of $221.11.
Trillium Asset Management LLC Makes New Investment in EastGroup Properties, Inc. $EGP
Trillium Asset Management LLC has acquired a new stake in EastGroup Properties, Inc. (NYSE:EGP), purchasing 28,300 shares valued at approximately $5.73 million. Other institutional investors have also adjusted their holdings in the real estate investment trust. The company recently reported strong earnings, beating analyst estimates, and has received several "Buy" ratings and increased price targets from analysts.
Mitsubishi UFJ Asset Management Co. Ltd. Makes New $9.34 Million Investment in EastGroup Properties, Inc. $EGP
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new stake of 46,119 shares, valued at approximately $9.34 million, in EastGroup Properties Inc. This investment gives the firm about a 0.09% ownership in the real estate investment trust. The move comes as EastGroup Properties reported strong quarterly earnings, beating analyst estimates, and analysts maintain a positive outlook with a "Moderate Buy" rating for the stock.
Paralel Advisors LLC Acquires New Shares in EastGroup Properties, Inc. $EGP
Paralel Advisors LLC has acquired 7,395 shares of EastGroup Properties, Inc. (NYSE:EGP) valued at approximately $1.5 million in the second quarter. EastGroup Properties reported strong quarterly earnings, surpassing analyst estimates, and provided positive fiscal 2026 EPS guidance. Analysts maintain a "Moderate Buy" rating for the stock, with several firms recently increasing their price targets.
164,250 Shares in EastGroup Properties, Inc. $EGP Acquired by Ceredex Value Advisors LLC
Ceredex Value Advisors LLC has acquired a new position of 164,250 shares in EastGroup Properties, Inc. (NYSE:EGP) worth approximately $33.27 million during the second quarter. Other institutional investors have also adjusted their holdings in the real estate investment trust, which has a "Moderate Buy" consensus rating and an average price target of $221.11 from analysts. EastGroup Properties recently reported strong quarterly earnings, topping consensus estimates, and provided FY 2026 guidance.
D L Carlson Investment Group Inc. Invests $1.49 Million in EastGroup Properties, Inc. $EGP
D L Carlson Investment Group Inc. recently acquired a new position in EastGroup Properties, Inc. (NYSE:EGP), purchasing 7,340 shares valued at approximately $1.49 million. Several other institutional investors also adjusted their holdings in the real estate investment trust, with Goldman Sachs Group Inc. and Jane Street Group LLC significantly increasing their stakes. The article also provides details on EastGroup Properties' stock performance, recent earnings, analyst ratings, and an insider transaction.
7,668,918 Shares in EastGroup Properties, Inc. $EGP Purchased by BlackRock Inc.
BlackRock Inc. recently acquired 7,668,918 shares of EastGroup Properties, Inc. (NYSE:EGP), valued at approximately $1.55 billion, giving it a 14.26% stake in the real estate investment trust. This purchase highlights significant institutional interest, as institutional investors and hedge funds collectively own 92.14% of the company's stock. EastGroup Properties reported strong quarterly earnings, beating EPS estimates, and analysts maintain a positive outlook with a "Moderate Buy" rating and an average price target of $221.11.
