EastGroup Properties, Inc. (EGP)
Real Estate · NYQ
Price as at 1 Oct 2026, 02:42 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
EastGroup Properties, Inc. trades at $197.45, close to the $212.14 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 74 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 38.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
EGP dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $4.85 | 3 |
| 2025 | $5.90 | 4 |
| 2024 | $5.34 | 4 |
| 2023 | $5.04 | 4 |
| 2022 | $4.70 | 4 |
| 2021 | $3.58 | 4 |
| 2020 | $3.08 | 4 |
| 2019 | $2.94 | 4 |
| 2018 | $2.72 | 4 |
| 2017 | $2.52 | 4 |
| 2016 | $2.44 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
EGP earnings and analyst estimates
Recommendation mix, 20 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About EastGroup Properties, Inc.
EastGroup Properties, Inc. a member of the S&P Mid-Cap 400 and Russell 2000 Indexes. It is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. East Groups portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 66.8 million square feet. EastGroup Properties, Inc. was incorporated in 1969 and is based in Ridgeland, United States.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
EGP passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
9 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Israel Englander, MILLENNIUM MANAGEMENT LLC$139.10M · 0.1% of book
- Joel Greenblatt, Gotham Asset Management, LLC$34.19M · 0.1% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$26.48M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$19.56M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$14.06M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in EGP
Trades in EGP disclosed by members of Congress and executive-branch officials, latest first:
- Donna Shalala · HouseSell · $1,001 - $15,000 · traded 20 Feb 2019 · disclosed 27 Apr 2020
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
EGP peers
The largest companies in the same industry (REIT - Industrial), then in the same sector.
- EXR Extra Space Storage Inc.
- REXR Rexford Industrial Realty, Inc.
- TRNO Terreno Realty Corporation
- NSA National Storage Affiliates Trust
- COLD Americold Realty Trust, Inc.
- LXP LXP Industrial Trust
- SMA SmartStop Self Storage REIT, Inc.
- MDV Modiv Industrial Inc
Every real estate company we cover is on the Real Estate hub.
Common questions
Is EastGroup Properties, Inc. (EGP) undervalued?
Against our fair value estimate of $212.14, EGP at $197.45 is 7% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own EGP?
9 of the institutions we track reported a position in EGP in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is EGP's P/E ratio?
EGP trades at 38.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does EastGroup Properties, Inc. (EGP) pay a dividend?
Yes. EastGroup Properties, Inc. yields 2.94% at the current share price. It has paid $6.40 per share over the trailing twelve months. It has paid a dividend in each of the last 39 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its EGP data?
Fundamentals for EGP come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:42 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for EGP, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.