Stocks · Real Estate · REIT - Industrial

EastGroup Properties, Inc. EGP

$195.78 +0.48% Close, Oct 2, 2026 · NYSE · Market cap $10.53B

High qualityStrong trendLow risk

Next earnings report: Oct 21, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Operating margin narrowed to 40.5% from 61.8% a year earlier.
  2. The shares trade at 34.3× trailing earnings, lower than 86% of the company's own readings over the past five years.
  3. Diluted EPS over the last four quarters was $5.70, up 23.1% year over year.

PromtFinance scores

Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth65Positive

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 33%
  • EPS growth (TTM, YoY)Top 40%
  • FCF growth (TTM, YoY)Bottom 48%
  • Revenue growth, 3-year CAGRTop 20%
  • Revenue growth accelerationBottom 28%
Quality90Exceptional

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 35%
  • Gross marginBottom 45%
  • Operating marginTop 26%
  • Cash conversion (OCF / net income)Bottom 47%
  • Accruals (lower is better)Top 44%
  • Net debt / EBITDA (lower is better)Top 12%
  • Interest coverTop 2%
Value27Very weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 49%
  • Free-cash-flow yieldBottom 35%
  • EBITDA / enterprise valueBottom 29%
  • Sales / enterprise valueBottom 14%
  • P/E vs own 5-year history (lower is better)Top 30%
Momentum80Strong

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 23%
  • 6-month returnTop 33%
  • 1-year return vs S&P 500Top 17%
  • Distance from 52-week highTop 19%
  • Trend checklist (0–4)Top 41%
Revisions42Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 33%
  • Consecutive EPS beatsTop 32%
  • Share of analysts rating BuyTop 41%
  • Upside to consensus price targetBottom 34%
Stability95Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 14%
  • Maximum drawdown, 3 yearsTop 17%
  • Beta vs S&P 500 (lower is better)Top 37%
  • Net debt / EBITDA (lower is better)Top 12%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)12.2%11.3%↓
EPS growth (YoY)20.4%23.1%↑
Gross margin65.2%44.2%↓
Operating margin61.8%40.5%↓
FCF margin56.9%49.7%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)11.3%12.2%↓Top 33%
EPS growth (TTM, YoY)23.1%20.4%↑Top 40%
Gross margin44.2%65.2%↓Bottom 45%
Operating margin40.5%61.8%↓Top 26%
Net margin40.5%34.9%↑—
Free-cash-flow margin49.7%56.9%↓—
Return on invested capital5.5%—Top 35%
Revenue growth, 3-year CAGR14.0%—Top 20%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.66×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-3.6%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.3%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+3.0 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.93×
Interest cover (operating income / interest)How many times operating profit covers interest.
9.4×

Shareholder returns

Dividend yield (dividends paid, TTM)
3.07%
Net buyback yield (TTM)
-1.77%
Shareholder yield
1.30%
Share count change, 1 year
+2.3%
Share count change, 3-year CAGR
+6.3%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 22, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
4 of 8
Average EPS surprise, last 4
-9.0%
Average 2-day reaction, last 8
+0.2%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$230.00
Target vs current price
+17.5%
Analysts with a rating
33
Share rating Buy or Strong Buy
52%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 22, 2026+6.9%-2.3%-5.0%-8.7%—
Apr 22, 2026+47.5%-0.5%+0.2%+0.3%+10.1%
Feb 4, 2026-45.5%+1.7%+6.7%+8.2%+11.7%
Oct 23, 2025-44.7%-0.7%-3.7%-1.8%+2.8%
Jul 23, 2025+0.0%+1.1%-1.4%-0.6%+4.1%
Apr 23, 2025-46.0%+0.8%+2.6%+7.6%+3.9%
Feb 6, 2025+0.9%+0.8%+4.0%+7.9%-2.8%
Oct 23, 2024+1.4%+0.5%-3.4%-3.4%-5.8%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 22, 2026$1.40$1.31+6.9%$193.3M
Apr 22, 2026$1.77$1.20+47.5%$190.3M
Feb 4, 2026$1.27$2.33-45.5%$187.5M
Oct 23, 2025$1.26$2.28-44.7%$182.1M
Jul 23, 2025$1.21$1.21+0.0%$177.3M
Apr 23, 2025$1.14$2.11-46.0%$174.4M
Feb 6, 2025$1.17$1.16+0.9%$164.0M
Oct 23, 2024$2.13$2.10+1.4%$162.9M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)34.3×38.5×14thBottom 49%
P/E (forward)32.7×———
EV / EBITDA21.8×——Bottom 29%
EV / Sales16.15×——Bottom 14%
Free-cash-flow yield3.55%——Bottom 35%
Earnings yield2.91%——Bottom 49%

P/E over the past five years

Range 28.9× – 63.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+13.8%
Earnings per share growth (TTM)
+23.1%
Change in P/E multiple
+3.6%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-2.5%
200-day average slope (20 days)
+1.0%
Distance from 50-day average
-3.1%
Distance from 200-day average
-0.4%
RSI (14)
37.1
Relative volume
0.92×

Risk and drawdowns

Volatility, 60 days (annualized)
16.4%
Volatility vs own 5-year history
4th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
0.49
Correlation with S&P 500
0.39
Current drawdown from 1-year high
-12.4%
Maximum drawdown, 3 years
-24.2%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Dec 29, 2021Oct 7, 2022-39.6%195 daysNot yet recovered
Oct 12, 2020Mar 4, 2021-10.3%98 days20 days (Apr 1, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$10.53B
P/E (TTM)
34.3
EPS, diluted (TTM)
$5.70
Revenue (TTM)
$753.2M
Dividend yield
3.27%
52-week range
$166.11 – $226.71
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$409.5M$487.0M$566.4M$638.5M$721.3M
Gross profit$294.4M$353.1M$412.4M$464.3M$312.4M
Operating income$278.0M$336.2M$395.0M$442.9M$287.6M
Net income$157.6M$186.2M$200.5M$227.8M$257.4M
EPS (diluted)$3.90$4.36$4.42$4.66$4.87
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$162.9M$164.0M$172.7M$177.3M$182.1M$187.5M$190.3M$193.3M
Net income$55.2M$58.6M$59.4M$63.3M$66.9M$67.8M$94.6M$75.5M
EPS (diluted)$1.13$1.16$1.14$1.20$1.26$1.27$1.77$1.40
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$256.5M$316.5M$338.2M$416.6M$480.7M
Capital expenditure-$36.7M-$40.9M-$51.1M-$59.3M-$75.8M
Free cash flow$219.8M$275.6M$287.1M$357.3M$404.9M
Dividends paid-$131.8M-$193.9M-$225.6M-$252.8M-$302.5M
Net share buybacks$273.1M$75.4M$691.5M$717.2M$263.9M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$33.4M
Total assets
$5.52B
Total liabilities
$1.95B
Total debt
$1.67B
Net debt
$1.64B
Shareholders’ equity
$3.57B

As of Jun 30, 2026 (filed Jul 22, 2026).

Dividends

Ex-dateAmountPaid
Sep 30, 2026$1.75Oct 15, 2026
Jun 30, 2026$1.55Jul 15, 2026
Mar 31, 2026$1.55Apr 15, 2026
Dec 31, 2025$1.55Jan 15, 2026
Sep 30, 2025$1.55Oct 15, 2025
Jun 30, 2025$1.40Jul 15, 2025
Mar 31, 2025$1.40Apr 15, 2025
Dec 31, 2024$1.40Jan 15, 2025

Short interest

Shares sold short
2,978,292
Days to cover
7.78
Change vs previous report
+9.4%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Apr 8, 1997
3-for-2