EastGroup Properties (NYSE: EGP) recently received a number of ratings updates from brokerages and research firms:
- 10/29/2026 – EastGroup Properties had its price target lowered by JPMorgan Chase & Co. from $231.00 to $220.00. They now have an “overweight” rating on the stock.
- 10/26/2026 – EastGroup Properties had its price target lowered by Cantor Fitzgerald from $235.00 to $220.00. They now have an “overweight” rating on the stock.
- 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.
- 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.
- 9/14/2026 – EastGroup Properties was given a new $202.00 price target by Evercore.
- 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were issued a dividend of $1.75 per share. The ex-dividend date was Wednesday, September 30th. This represents a $7.00 annualized dividend and a dividend yield of 3.5%. This is a boost from EastGroup Properties’s previous quarterly dividend of $1.55. EastGroup Properties’s dividend payout ratio (DPR) is currently 118.64%.
Insider Buying and Selling at EastGroup Properties
In other news, CFO Staci Tyler sold 1,600 shares of the firm’s stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $201.69, for a total value of $322,704.00. Following the completion of the sale, the chief financial officer owned 13,584 shares of the company’s stock, valued at $2,739,756.96. This trade represents a 10.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by insiders.
EastGroup Properties, Inc (NYSE: EGP) is a self-administered and self-managed real estate investment trust that owns, develops, acquires and operates industrial properties. The company primarily focuses on functional, flexible warehouse and distribution facilities designed to serve local and regional businesses, including light manufacturing, service and last-mile distribution users.
Founded in 1969 and headquartered in Jackson, Mississippi, EastGroup concentrates its portfolio in major Sun Belt markets.
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