EastGroup Properties (NYSE:EGP) Issues FY 2026 Earnings Guidance

EastGroup Properties (NYSE:EGP) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 9.400-9.600 for the period, compared to the consensus earnings per share estimate of 6.940. The company issued revenue guidance of -. EastGroup Properties also updated its Q1 2026 guidance to 2.250-2.330 EPS.

EastGroup Properties Price Performance

Shares of NYSE:EGP opened at $182.97 on Thursday. The company’s fifty day moving average is $181.64 and its two-hundred day moving average is $174.25. The company has a market cap of $9.76 billion, a P/E ratio of 38.44, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. EastGroup Properties has a 12-month low of $137.67 and a 12-month high of $188.89. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 0.42.

EastGroup Properties (NYSE:EGP) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $2.34 EPS for the quarter, topping the consensus estimate of $2.33 by $0.01. EastGroup Properties had a net margin of 35.58% and a return on equity of 7.28%. The business’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.15 earnings per share. EastGroup Properties has set its FY 2026 guidance at 9.400-9.600 EPS and its Q1 2026 guidance at 2.250-2.330 EPS. Equities analysts expect that EastGroup Properties will post 8.94 earnings per share for the current fiscal year.

EastGroup Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $1.55 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $6.20 dividend on an annualized basis and a yield of 3.4%. EastGroup Properties’s payout ratio is 130.25%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on EGP shares. Barclays upgraded shares of EastGroup Properties from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 4th. Industrial Alliance Securities set a $200.00 price target on EastGroup Properties in a research report on Monday, October 27th. Robert W. Baird set a $200.00 price objective on EastGroup Properties in a research note on Thursday, January 8th. Piper Sandler set a $220.00 price target on EastGroup Properties in a report on Friday, December 12th. Finally, UBS Group set a $200.00 price target on shares of EastGroup Properties in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $195.19.

Trending Headlines about EastGroup Properties

Here are the key news stories impacting EastGroup Properties this week:

• Positive Sentiment: Company issued very strong forward guidance — Q1‑2026 EPS guidance of $2.25–$2.33 and FY‑2026 EPS guidance of $9.40–$9.60, both well above consensus — a primary driver of the rally. Company Press Release / Slide Deck
• Positive Sentiment: Q4 FFO (ex certain items) of $2.34 beat estimates and rose ~8.8% year-over-year; same‑property NOI and occupancy improved — supports the outlook and cashflow quality. EastGroup Properties (EGP) Surpasses Q4 FFO and Revenue Estimates
• Positive Sentiment: Company raised the quarterly dividend by 10.7% to $1.55 and closed $250M of term loans at a low fixed rate (~4.13%), reinforcing capital allocation and balance‑sheet flexibility. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: BMO’s John Kim reiterated a Buy and $205 price target, citing current performance and balance‑sheet strength — adds third‑party validation for investors. EastGroup Properties: Solid Current Performance and Balance Sheet Strength Support Buy Rating Despite Cautious 2026 Guidance
• Neutral Sentiment: The EPS/FFO beat was modest (+$0.01 vs. consensus) — good but not a blowout; the market reaction is primarily driven by the strong guidance and operational metrics. EastGroup Properties (EGP) Surpasses Q4 FFO and Revenue Estimates
• Neutral Sentiment: Analyses on valuation note the stock trades at a premium (high P/E) relative to some peers — could temper gains if growth expectations slow. A Look At EastGroup Properties (EGP) Valuation After Recent Share Price Moves
• Negative Sentiment: Relatively high valuation metrics (PE ~38) increase sensitivity to execution or macro headwinds; disappointing future quarters could trigger a larger pullback.

Institutional Investors Weigh In On EastGroup Properties

Institutional investors and hedge funds have recently modified their holdings of the business. Entropy Technologies LP acquired a new position in shares of EastGroup Properties in the 3rd quarter valued at $305,000. Arrowstreet Capital Limited Partnership acquired a new position in EastGroup Properties in the third quarter valued at about $593,000. Osaic Holdings Inc. increased its holdings in shares of EastGroup Properties by 64.7% in the second quarter. Osaic Holdings Inc. now owns 2,633 shares of the real estate investment trust’s stock worth $447,000 after acquiring an additional 1,034 shares in the last quarter. EP Wealth Advisors LLC raised its position in shares of EastGroup Properties by 27.0% during the second quarter. EP Wealth Advisors LLC now owns 1,940 shares of the real estate investment trust’s stock worth $324,000 after purchasing an additional 412 shares during the period. Finally, Brevan Howard Capital Management LP bought a new position in shares of EastGroup Properties during the 2nd quarter valued at about $372,000. 92.14% of the stock is owned by institutional investors.

EastGroup Properties Company Profile

EastGroup Properties, Inc (NYSE: EGP) is a real estate investment trust specializing in the ownership, development and management of industrial properties. Focused primarily on distribution-oriented facilities, the company’s portfolio consists of modern warehouse and light manufacturing buildings located in high-growth Sunbelt markets. EastGroup concentrates on delivering strategic logistics solutions to customers requiring proximity to transportation hubs and major population centers across the southern United States.

Since its founding in 1969, EastGroup has pursued a disciplined growth strategy that combines property development, targeted acquisitions and hands-on asset management.