EastGroup Properties (EGP)

• Market cap: $8.36B
• 1 day: 1.16%
• 5 days: 5.34%
• 1 month: -11.93%
• 3 months: -0.94%
• 6 months: -12.15%
• Year to date: 1.06%
• 1 year: -1.30%
• 5 years: 48.83%
• 10 years: 166.32%
• Sector: Real Estate
• Industry: Industrial REIT

About: EastGroup Properties Inc is an equity real estate investment trust. It is engaged in the development, acquisition, and operation of industrial properties in Sunbelt markets throughout the United States, predominantly in the states of Florida, Texas, Arizona, California, and North Carolina. The company manages a portfolio of industrial properties. The vast majority of these properties are multi-tenant business distribution buildings that provide large warehousing and office space for customers. The group has one reportable segment, which is industrial properties. The company derives its revenue in the form of rental income.

Employees: 101

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

38% more repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 130

6.15% more ownership

Funds ownership: 93.81% [Q3] → 99.96% (+6.15%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

5% less funds holding

Funds holding: 466 [Q3] → 443 (-23) [Q4]

7% less capital invested

Capital invested by funds: $8.54B [Q3] → $7.95B (-$590M) [Q4]

22% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 58

75% less call options, than puts

Call options by funds: $80K | Put options by funds: $321K

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $172 8% upside
• Avg. target: $183 14% upside
• High target: $194 21% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Piper Sandler Alexander Goldfarb 32% 1-year accuracy 13 / 41 met price target	8% upside $172	Neutral Maintained	15 Apr 2025
Truist Securities Ki Bin Kim 41% 1-year accuracy 11 / 27 met price target	13% upside $180	Buy Upgraded	10 Apr 2025
Evercore ISI Group Steve Sakwa 35% 1-year accuracy 17 / 48 met price target	16% upside $185	In-Line Downgraded	17 Mar 2025
Baird David Rodgers 38% 1-year accuracy 11 / 29 met price target	21% upside $194	Outperform Maintained	19 Feb 2025