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

EastGroup Properties (NYSE:EGP) is expected to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post 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. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

EastGroup Properties (NYSE:EGP) last issued its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.50. The business had revenue of $190.26 million for the quarter, compared to analysts’ expectations of $193.84 million. EastGroup Properties had a net margin of 39.69% and a return on equity of 8.37%. The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company 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 Price Performance

NYSE:EGP opened at $222.25 on Monday. 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 firm has a market cap of $11.95 billion, a price-to-earnings ratio of 40.41, a price-to-earnings-growth ratio of 3.33 and a beta of 1.03. The company has a 50 day moving average price of $205.17 and a 200-day moving average price of $195.01. EastGroup Properties has a 1-year low of $159.37 and a 1-year high of $226.71.

EastGroup Properties Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on EGP. Morgan Stanley raised their price target on shares of EastGroup Properties from $215.00 to $231.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. BTIG Research upped their price objective on shares of EastGroup Properties from $218.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Barclays increased their target price on shares of EastGroup Properties from $210.00 to $228.00 and gave the stock an “overweight” rating in a research note on Thursday. KeyCorp raised their target price on EastGroup Properties from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, Weiss Ratings upgraded EastGroup Properties from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, April 24th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, EastGroup Properties presently has an average rating of “Moderate Buy” and a consensus target price of $213.06.

Insider Transactions at EastGroup Properties

In related 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 value of $98,668.08. Following the sale, the director owned 3,531 shares of the company’s stock, valued at approximately $691,263.87. This trade represents a 12.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On EastGroup Properties

A number of large investors have recently added to or reduced their stakes in the stock. State of Wyoming purchased a new position in EastGroup Properties during the second quarter valued at $27,000. Parallel Advisors LLC increased its stake in shares of EastGroup Properties by 53.5% during 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 purchased a new stake in shares of EastGroup Properties during the fourth quarter worth about $77,000. Danske Bank A S purchased a new stake in shares of EastGroup Properties during the third quarter worth about $85,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of EastGroup Properties during the 4th quarter worth about $158,000. 92.14% of the stock is currently owned by institutional investors and hedge funds.

About EastGroup Properties

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.