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

EastGroup Properties (NYSE:EGP) will likely be releasing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company 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. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

EastGroup Properties (NYSE:EGP) last announced its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $1.77 earnings per share (EPS) 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 business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.15 earnings per share. 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 Performance

NYSE EGP opened at $211.48 on Wednesday. The firm’s 50 day simple moving average is $204.24 and its 200 day simple moving average is $194.20. The firm has a market capitalization of $11.37 billion, a price-to-earnings ratio of 38.45, a P/E/G ratio of 3.17 and a beta of 1.03. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.45. EastGroup Properties has a 1 year low of $159.37 and a 1 year high of $216.98.

EastGroup Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $1.55 per share. This represents a $6.20 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, June 30th. EastGroup Properties’s dividend payout ratio is currently 112.73%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on EGP shares. Truist Financial upped their target price on EastGroup Properties from $205.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Evercore set a $195.00 price target on EastGroup Properties in a report on Friday, April 24th. Royal Bank Of Canada upped their price objective on EastGroup Properties from $195.00 to $208.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 28th. Robert W. Baird boosted their target price on shares of EastGroup Properties from $208.00 to $210.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $217.00 price target on shares of EastGroup Properties in a research note on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, EastGroup Properties currently has an average rating of “Moderate Buy” and a consensus price target of $212.18.

Insider Buying and Selling at EastGroup Properties

In other EastGroup Properties 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 completion of the sale, the director directly owned 3,531 shares of the company’s stock, valued at approximately $691,263.87. The trade was a 12.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. State of Wyoming purchased a new stake in shares of EastGroup Properties during the second quarter valued at approximately $27,000. Parallel Advisors LLC boosted its position in 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 during the last quarter. Arax Advisory Partners bought a new position in EastGroup Properties in the 4th quarter valued at $77,000. Danske Bank A S bought a new position in EastGroup Properties in the 3rd quarter valued at $85,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of EastGroup Properties during the 4th quarter valued at $158,000. Institutional investors and hedge funds own 92.14% of the company’s stock.

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.