EGP official logo EGP
EGP 1-star rating from Upturn Advisory
EastGroup Properties Inc (EGP) company logo

EastGroup Properties Inc (EGP)

EastGroup Properties Inc (EGP) 1-star rating from Upturn Advisory
$184.26
Last Close (24-hour delay)
Profit since last BUY7.06%
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BUY since 51 days
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Upturn Advisory Summary

12/11/2025: EGP (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

4 star rating from financial analysts

20 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $193.85

1 Year Target Price $193.85

Analysts Price Target For last 52 week
$193.85 Target price
52w Low $135.27
Current$184.26
52w High $184.97

Analysis of Past Performance

Type Stock
Historic Profit 8.73%
Avg. Invested days 49
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/11/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 9.83B USD
Price to earnings Ratio 38.63
1Y Target Price 193.85
Price to earnings Ratio 38.63
1Y Target Price 193.85
Volume (30-day avg) 20
Beta 1.12
52 Weeks Range 135.27 - 184.97
Updated Date 12/11/2025
52 Weeks Range 135.27 - 184.97
Updated Date 12/11/2025
Dividends yield (FY) 3.15%
Basic EPS (TTM) 4.77

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 35.67%
Operating Margin (TTM) 40.74%

Management Effectiveness

Return on Assets (TTM) 3.42%
Return on Equity (TTM) 7.83%

Valuation

Trailing PE 38.63
Forward PE -
Enterprise Value 11259409344
Price to Sales(TTM) 14.12
Enterprise Value 11259409344
Price to Sales(TTM) 14.12
Enterprise Value to Revenue 16.13
Enterprise Value to EBITDA 23.1
Shares Outstanding 53348800
Shares Floating 52603104
Shares Outstanding 53348800
Shares Floating 52603104
Percent Insiders 0.92
Percent Institutions 102.67

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

EastGroup Properties Inc

EastGroup Properties Inc(EGP) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

EastGroup Properties Inc. (EGP) was founded in 1994 as a real estate investment trust (REIT). The company is headquartered in Germantown, Tennessee. EGP focuses on developing, owning, and operating industrial properties in Sun Belt markets. Over the years, EGP has strategically grown its portfolio through acquisitions and development projects, solidifying its position as a leading provider of modern industrial space.

Company business area logo Core Business Areas

  • Industrial Real Estate Development: EastGroup Properties primarily engages in the development of modern, high-quality industrial facilities. This includes logistics, distribution, and light manufacturing spaces designed to meet the evolving needs of businesses. The company focuses on strategic locations with strong economic growth and population trends.
  • Industrial Real Estate Ownership and Operation: In addition to development, EGP owns and operates a substantial portfolio of industrial properties. This involves managing existing assets, attracting and retaining tenants, and optimizing property performance.

leadership logo Leadership and Structure

EastGroup Properties is led by a seasoned management team with extensive experience in real estate development and investment. The company operates with a corporate structure typical of REITs, overseen by a Board of Directors. Key leadership positions include the Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer, responsible for strategic direction and operational execution.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Modern Industrial Space: EastGroup Properties' core offering is Class A industrial space designed for a variety of uses, including logistics, e-commerce fulfillment, and light manufacturing. These properties often feature high ceilings, ample loading docks, and strategic access to transportation networks. The company does not typically disclose specific market share for individual property types, but competes against other industrial REITs and private developers. Key competitors include Prologis (PLD), Duke Realty (DRE - now part of Prologis), and First Industrial Realty Trust (FR).

Market Dynamics

industry overview logo Industry Overview

The industrial real estate sector, particularly for modern logistics and distribution facilities, is experiencing robust demand driven by e-commerce growth, supply chain optimization, and reshoring trends. Sun Belt markets are attractive due to favorable demographics, business-friendly environments, and population growth. However, rising construction costs and interest rate sensitivity are also factors.

Positioning

EastGroup Properties is well-positioned within the industrial real estate market, particularly in high-growth Sun Belt regions. Its strategy of developing modern, well-located facilities and maintaining a strong tenant base provides a competitive advantage. The company's focus on class A industrial space caters to sophisticated tenant needs.

Total Addressable Market (TAM)

The total addressable market for industrial real estate in the US is substantial, estimated in the hundreds of billions of dollars. EastGroup Properties, as a focused REIT, targets specific segments and geographies within this broader market, aiming to capture a significant share of the modern industrial space demand in its chosen Sun Belt markets.

Upturn SWOT Analysis

Strengths

  • Strong portfolio of modern industrial properties in high-growth Sun Belt markets.
  • Experienced management team with a proven track record.
  • Focus on developing Class A industrial space catering to high-demand sectors.
  • Healthy balance sheet and access to capital.

Weaknesses

  • Concentration in a specific property type (industrial) and geographic regions.
  • Sensitivity to economic downturns impacting tenant demand.
  • Reliance on development activity can be subject to construction cost fluctuations.

Opportunities

  • Continued growth in e-commerce driving demand for logistics and distribution space.
  • Potential for further expansion into attractive Sun Belt markets.
  • Acquisition of well-located, existing industrial assets.
  • Leasing up of newly developed properties.

Threats

  • Rising interest rates impacting borrowing costs and property valuations.
  • Increased competition from other industrial REITs and private developers.
  • Potential for oversupply in certain submarkets.
  • Economic recessions leading to decreased tenant demand and higher vacancy rates.

Competitors and Market Share

Key competitor logo Key Competitors

  • Prologis Inc. (PLD)
  • First Industrial Realty Trust Inc. (FR)
  • Duke Realty Corporation (DRE) - (Acquired by Prologis)

Competitive Landscape

EastGroup Properties competes in a fragmented but consolidating industrial real estate market. Its competitive advantages lie in its focused strategy on Sun Belt markets and Class A properties, along with its development expertise. Larger competitors like Prologis have greater scale and diversification, while other REITs may focus on different geographic areas or property classes.

Growth Trajectory and Initiatives

Historical Growth: EastGroup Properties has experienced consistent historical growth through strategic development and acquisitions, particularly in its focus on Sun Belt industrial markets. The company has a track record of expanding its portfolio size and rental income.

Future Projections: Future growth projections for EastGroup Properties are generally positive, supported by the ongoing demand for industrial space, especially in e-commerce-driven sectors. Analyst estimates typically focus on FFO growth and dividend increases. Expansion into new and existing Sun Belt markets is a key growth driver.

Recent Initiatives: Recent initiatives likely include the acquisition of new land for development, the construction and leasing of new industrial buildings, and potential strategic acquisitions of existing properties. The company also focuses on enhancing tenant relationships and optimizing its portfolio.

Summary

EastGroup Properties Inc. is a strong industrial REIT with a well-defined strategy focused on high-growth Sun Belt markets. Its core strengths lie in developing and owning modern industrial facilities, supported by an experienced management team. The company benefits from robust demand for logistics and e-commerce space. However, it faces threats from rising interest rates and increasing competition. Continued focus on strategic development and disciplined acquisitions will be key to its ongoing success.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Investor Relations Websites
  • Financial News Outlets (e.g., Wall Street Journal, Bloomberg)
  • Financial Data Providers (e.g., Yahoo Finance, Seeking Alpha)

Disclaimers:

This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute investment advice. Market share data and competitor information are estimates and may vary. Financial figures are subject to change and should be verified with official company filings.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About EastGroup Properties Inc

Exchange NYSE
Headquaters Ridgeland, MS, United States
IPO Launch date 1992-03-17
President, CEO & Director Mr. Marshall A. Loeb
Sector Real Estate
Industry REIT - Industrial
Full time employees 101
Full time employees 101

EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, 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 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 64.4 million square feet.