EastGroup Properties (EGP) Projected to Announce Earnings on Wednesday

EastGroup Properties (NYSE:EGP) is anticipated to release its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect EastGroup Properties to announce earnings of $1.37 per share and revenue of $197.32 million for the quarter. EastGroup Properties has set its FY 2026 guidance at 9.520-9.660 EPS. Investors may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

EastGroup Properties (NYSE:EGP) last issued its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.09. EastGroup Properties had a net margin of 40.47% and a return on equity of 8.61%. The firm had revenue of $193.33 million for the quarter, compared to analyst estimates of $193.61 million. During the same period in the previous year, the firm earned $2.21 EPS. EastGroup Properties’s revenue was up 9.0% on a year-over-year basis. On average, analysts expect EastGroup Properties to post $9.60 EPS for the current fiscal year and $10.25 EPS for the next fiscal year.

EastGroup Properties Trading Up 0.1%

NYSE EGP opened at $196.65 on Tuesday. The firm’s 50-day moving average is $199.29 and its two-hundred day moving average is $202.11. EastGroup Properties has a 12 month low of $172.17 and a 12 month high of $226.71. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.16 and a quick ratio of 0.16. The stock has a market capitalization of $10.57 billion, a P/E ratio of 34.50, a PEG ratio of 2.96 and a beta of 1.00.

EastGroup Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a dividend of $1.75 per share. This is a boost from EastGroup Properties’s previous quarterly dividend of $1.55. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, September 30th. EastGroup Properties’s dividend payout ratio (DPR) is 122.81%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EGP shares. Barclays lifted their price target on shares of EastGroup Properties from $210.00 to $228.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Citigroup upped their price objective on shares of EastGroup Properties from $235.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Royal Bank Of Canada increased their price objective on shares of EastGroup Properties from $208.00 to $220.00 and gave the stock a “sector perform” rating in a research report on Monday, August 3rd. Evercore set a $199.00 price objective on shares of EastGroup Properties in a research report on Friday, October 2nd. Finally, Piper Sandler dropped their target price on shares of EastGroup Properties from $268.00 to $246.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Thirteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, EastGroup Properties currently has an average rating of “Moderate Buy” and an average price target of $220.16.

About EastGroup Properties

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.