EastGroup Properties (NYSE:EGP) Releases Q1 2026 Earnings Guidance

EastGroup Properties (NYSE:EGP) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.250-2.330 for the period, compared to the consensus earnings per share estimate of 1.620. The company issued revenue guidance of -. EastGroup Properties also updated its FY 2026 guidance to 9.400-9.600 EPS.

EastGroup Properties Price Performance

Shares of NYSE EGP opened at $182.97 on Thursday. EastGroup Properties has a 52 week low of $137.67 and a 52 week high of $188.89. The business’s 50 day moving average price is $181.64 and its 200 day moving average price is $174.25. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 0.42. The firm has a market cap of $9.76 billion, a P/E ratio of 38.44, a P/E/G ratio of 2.64 and a beta of 1.11.

EastGroup Properties (NYSE:EGP) last announced its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $2.34 EPS for the quarter, beating the consensus estimate of $2.33 by $0.01. The business had revenue of $187.47 million during the quarter, compared to analysts’ expectations of $185.44 million. 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% compared to the same quarter last year. During the same period in the previous year, the business posted $2.15 EPS. 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. On average, sell-side analysts expect that EastGroup Properties will post 8.94 earnings per share for the current year.

EastGroup Properties Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. UBS Group set a $200.00 price objective on EastGroup Properties in a research note on Thursday, December 4th. Piper Sandler set a $220.00 target price on EastGroup Properties in a report on Friday, December 12th. Cantor Fitzgerald reiterated an “overweight” rating on shares of EastGroup Properties in a research report on Tuesday, January 20th. Barclays upgraded EastGroup Properties from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 4th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of EastGroup Properties from a “buy” rating to a “hold” rating and set a $185.00 target price for the company. in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, EastGroup Properties presently has a consensus 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: Management raised guidance materially: Q1 2026 EPS guidance of $2.25–$2.33 and FY2026 EPS guidance of $9.40–$9.60, both well above prior consensus — a primary driver of the rally. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Q4 results beat estimates: FFO of $2.34 (vs. $2.33 consensus), revenue $187.5M (above consensus) and FFO up ~8.8% YoY — shows continued operating momentum. EastGroup Properties (EGP) Surpasses Q4 FFO and Revenue Estimates
• Positive Sentiment: Strong portfolio & growth activity: same-property NOI and average occupancy remain high, rental rate increases are large (new/renewal rents up sharply), the company closed acquisitions, started multiple developments and raised the quarterly dividend ~10.7% — supports durable cash flow. EastGroup Properties Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Analyst support: BMO’s John Kim kept a Buy rating with a $205 price target, citing balance-sheet strength and solid performance despite mixed commentary — lends third‑party validation. EastGroup Properties: Solid Current Performance and Balance Sheet Strength Support Buy Rating
• Neutral Sentiment: Deeper metric review available — analysts are parsing margins, occupancy trends and FFO drivers to judge sustainability of the strong rents and development yields. Useful context but not news-moving by itself. Here’s What Key Metrics Tell Us About EastGroup Properties (EGP) Q4 Earnings
• Negative Sentiment: Valuation and liquidity flags: the shares trade at a premium (P/E ~38.4) and reported quick/current ratios are very low, which could make the stock sensitive to any slowdown or tighter financing conditions. A Look At EastGroup Properties (EGP) Valuation After Recent Share Price Moves
• Negative Sentiment: Small items to watch: the EPS/FFO beat was narrow (+$0.01 vs. consensus) and average occupancy slipped slightly year-over-year — risks if leasing or development progress slows. EastGroup Properties: Q4 Earnings Snapshot

Institutional Trading of EastGroup Properties

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its stake in EastGroup Properties by 18,900.0% during the first quarter. Jones Financial Companies Lllp now owns 950 shares of the real estate investment trust’s stock worth $167,000 after buying an additional 945 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of EastGroup Properties by 28.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 190,144 shares of the real estate investment trust’s stock worth $33,494,000 after purchasing an additional 41,538 shares during the period. Jane Street Group LLC raised its position in EastGroup Properties by 309.8% in the first quarter. Jane Street Group LLC now owns 15,878 shares of the real estate investment trust’s stock valued at $2,797,000 after purchasing an additional 12,003 shares during the period. Focus Partners Wealth lifted its stake in EastGroup Properties by 2.2% during the first quarter. Focus Partners Wealth now owns 6,103 shares of the real estate investment trust’s stock worth $1,075,000 after purchasing an additional 130 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of EastGroup Properties by 1.9% during the second quarter. Cetera Investment Advisers now owns 3,668 shares of the real estate investment trust’s stock worth $613,000 after buying an additional 68 shares during the period. 92.14% of the stock is currently owned by hedge funds and other 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.