Weekly Investment Analysts’ Ratings Changes for EastGroup Properties (EGP)

EastGroup Properties (NYSE: EGP) recently received a number of ratings updates from brokerages and research firms:

• 10/12/2026 – EastGroup Properties had its price target lowered by Piper Sandler from $268.00 to $246.00. They now have an “overweight” rating on the stock.
• 10/9/2026 – EastGroup Properties was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 10/2/2026 – EastGroup Properties was given a new $199.00 price target by Evercore Inc.
• 9/24/2026 – EastGroup Properties was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 9/24/2026 – EastGroup Properties was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”. They now have a $231.00 price target on the stock.
• 9/21/2026 – EastGroup Properties was given a new $200.00 price target by Evercore Inc.
• 9/14/2026 – EastGroup Properties was given a new $202.00 price target by Evercore Inc.
• 9/9/2026 – EastGroup Properties was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/1/2026 – EastGroup Properties had its price target raised by Wells Fargo & Company from $221.00 to $232.00. They now have an “overweight” rating on the stock.

EastGroup Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 3.6%. This is a positive change from EastGroup Properties’s previous quarterly dividend of $1.55. The ex-dividend date of this dividend is Wednesday, September 30th. EastGroup Properties’s payout ratio is presently 122.81%.

EastGroup Properties, Inc (NYSE: EGP) is a self-administered and self-managed equity real estate investment trust (REIT) that develops, acquires, owns and operates industrial properties. Its portfolio is primarily composed of distribution and warehouse facilities designed to support customers’ logistics, manufacturing and regional fulfillment needs.

The company focuses on functional, well-located industrial properties in major Sun Belt markets, with an emphasis on infill locations near population centers, transportation networks and business districts.