EastGroup Properties (EGP) Projected to Post Quarterly Earnings on Wednesday

EastGroup Properties (NYSE:EGP) is anticipated to release its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect EastGroup Properties to announce earnings of $1.31 per share and revenue of $193.6090 million for the quarter. EastGroup Properties has set its FY 2026 guidance at 9.460-9.660 EPS. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

EastGroup Properties (NYSE:EGP) last released its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.50. The firm had revenue of $190.26 million for the quarter, compared to the consensus estimate of $193.84 million. EastGroup Properties had a net margin of 39.69% and a return on equity of 8.37%. The company’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.15 EPS. On average, analysts expect EastGroup Properties to post $10 EPS for the current fiscal year and $10 EPS for the next fiscal year.

EastGroup Properties Stock Down 0.3%

Shares of EastGroup Properties stock opened at $221.50 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.19 and a quick ratio of 0.19. The company has a 50-day moving average of $205.52 and a 200 day moving average of $195.29. The firm has a market cap of $11.91 billion, a price-to-earnings ratio of 40.27, a PEG ratio of 3.33 and a beta of 1.03. EastGroup Properties has a 1 year low of $159.37 and a 1 year high of $226.71.

EastGroup Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $1.55 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $6.20 annualized dividend and a yield of 2.8%. EastGroup Properties’s payout ratio is presently 112.73%.

Analysts Set New Price Targets

A number of brokerages have weighed in on EGP. Truist Financial raised their target price on shares of EastGroup Properties from $205.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. BTIG Research increased their target price on EastGroup Properties from $218.00 to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. KeyCorp increased their target price on EastGroup Properties from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Morgan Stanley raised their price target on EastGroup Properties from $215.00 to $231.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Finally, Evercore set a $195.00 price target on EastGroup Properties in a research report on Friday, April 24th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $213.06.

Insider Buying and Selling at EastGroup Properties

In other news, Director David Michael Fields sold 504 shares of EastGroup Properties stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $195.77, for a total transaction of $98,668.08. Following the transaction, the director owned 3,531 shares in the company, valued at $691,263.87. This trade represents a 12.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On EastGroup Properties

Several institutional investors and hedge funds have recently bought and sold shares of the stock. State of Wyoming purchased a new stake in EastGroup Properties in the 2nd quarter worth approximately $27,000. Parallel Advisors LLC increased its stake in shares of EastGroup Properties by 53.5% in the third quarter. Parallel Advisors LLC now owns 244 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 85 shares in the last quarter. Arax Advisory Partners bought a new stake in shares of EastGroup Properties during the 4th quarter valued at $77,000. Danske Bank A S purchased a new position in shares of EastGroup Properties during the 3rd quarter valued at $85,000. Finally, Kestra Advisory Services LLC purchased a new stake in EastGroup Properties in the 4th quarter worth $158,000. 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.