EastGroup Properties (EGP)

NYSEReal EstateReit - IndustrialSnapshot 2026-10-23

$199.02-1.82%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge EastGroup Properties’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-1.5%

+10% or more+5%0%−5%−10% or less

5.83 → 5.75 EPS · FY ending Dec 31, 2027 · 6 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 6; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	202.78M
EPS	—	1.389
Quarter ending 2027-03-31
Revenue	—	207.96M
EPS	—	1.334
Annual ending 2026-12-31
Revenue	—	785.03M
EPS	—	5.957
Annual ending 2027-12-31
Revenue	—	858.21M
EPS	—	5.745

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Dividend per share grows to at least $1.55	Dividends grew from $1.4 to $1.55 per share.	Intact	Dividend per share falls below $1.55	Dividend per share: $1.75 per share FY2026-Q3; GAAP. Published target: >=1.55 USD per share. Target period is not explicitly aligned with this observation. Source published Oct 21, 20261.75 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Sep 30, 2026 Source: company_financial_results. Reference: c8e21b74-89cb-4163-9231-75c2982eaad5. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
EPS reaches at least $5.66 in 2026	A primary condition in EastGroup Properties's published investment case. The stated target is >=5.66 USD per share.	Intact	EPS falls below $5.66 in FY26	Diluted EPS: $1.46 per share FY2026-Q3; GAAP. Published target: >=5.66 USD per share. Target period is not explicitly aligned with this observation. Source published Oct 21, 20261.46 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Sep 30, 2026 Source: company_financial_results. Reference: c8e21b74-89cb-4163-9231-75c2982eaad5. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
FFO reaches at least $9.46 in 2026	A primary condition in EastGroup Properties's published investment case. The stated target is >=9.46 USD per share.	Intact	FFO falls below $9.46 in FY26	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$5.75

$5.79 → $5.75 · observed estimates

FY2027 revenue$0.86B

$0.85B → $0.86B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$5.79	$851,140,288	6 / 10
2026-07-25	$5.52	$850,399,110	6 / 13
2026-07-26	$5.79	$851,998,534	6 / 10
2026-07-27	$5.52	$850,290,700	6 / 12
2026-07-28	$5.79	$851,998,534	6 / 10
2026-07-29	$5.51	$850,326,450	6 / 12
2026-07-30	$5.51	$850,326,450	6 / 12
2026-07-31	$5.51	$850,326,450	6 / 12
2026-08-01	$5.78	$852,213,919	6 / 9
2026-08-02	$5.51	$850,326,450	6 / 12
2026-08-03	$5.55	$850,617,710	6 / 12
2026-08-04	$5.81	$852,616,619	6 / 9
2026-08-05	$5.81	$852,616,619	6 / 9
2026-08-06	$5.81	$852,616,619	6 / 9
2026-08-07	$5.79	$851,298,004	6 / 9
2026-08-08	$5.55	$850,617,710	6 / 12
2026-08-09	$5.55	$850,617,710	6 / 12
2026-08-10	$5.55	$850,617,710	6 / 12
2026-08-11	$5.79	$851,298,004	6 / 9
2026-08-12	$5.79	$851,298,004	6 / 9
2026-08-13	$5.55	$850,617,710	6 / 12
2026-08-14	$5.79	$851,298,004	6 / 9
2026-08-15	$5.79	$851,298,004	6 / 9
2026-08-16	$5.79	$851,298,004	6 / 9
2026-08-17	$5.79	$851,298,004	6 / 9
2026-08-18	$5.79	$851,298,004	6 / 9
2026-08-19	$5.79	$851,298,004	6 / 9
2026-08-20	$5.83	$852,016,075	6 / 9
2026-08-21	$5.83	$852,016,075	6 / 9
2026-08-22	$5.83	$852,016,075	6 / 9
2026-08-23	$5.83	$852,016,075	6 / 9
2026-08-24	$5.83	$852,016,075	6 / 9
2026-08-25	$5.83	$852,016,075	6 / 9
2026-08-26	$5.83	$852,016,075	6 / 9
2026-08-27	$5.83	$852,016,075	6 / 9
2026-08-28	$5.83	$852,016,075	6 / 9
2026-08-29	$5.83	$852,016,075	6 / 9
2026-08-30	$5.83	$852,016,075	6 / 9
2026-08-31	$5.83	$852,016,075	6 / 9
2026-09-01	$5.83	$852,016,075	6 / 9
2026-09-02	$5.83	$852,016,075	6 / 9
2026-09-03	$5.83	$852,016,075	6 / 9
2026-09-04	$5.83	$852,016,075	6 / 9
2026-09-05	$5.83	$852,016,075	6 / 9
2026-09-06	$5.83	$852,016,075	6 / 9
2026-09-07	$5.83	$852,016,075	6 / 9
2026-09-08	$5.83	$852,016,075	6 / 9
2026-09-09	$5.83	$852,016,075	6 / 9
2026-09-10	$5.83	$852,016,075	6 / 9
2026-09-11	$5.83	$852,016,075	6 / 9
2026-09-12	$5.83	$852,016,075	6 / 9
2026-09-13	$5.83	$852,016,075	6 / 9
2026-09-14	$5.83	$852,016,075	6 / 9
2026-09-15	$5.83	$852,016,075	6 / 9
2026-09-16	$5.83	$852,016,075	6 / 8
2026-09-17	$5.83	$852,016,075	6 / 8
2026-09-18	$5.83	$852,016,075	6 / 8
2026-09-19	$5.83	$852,016,075	6 / 8
2026-09-20	$5.83	$852,016,075	6 / 8
2026-09-21	$5.83	$852,016,075	6 / 8
2026-09-22	$5.83	$852,016,075	6 / 8
2026-09-23	$5.83	$852,016,075	6 / 8
2026-09-24	$5.83	$852,016,075	6 / 8
2026-09-25	$5.84	$852,665,096	6 / 8
2026-09-26	$5.84	$852,665,096	6 / 8
2026-09-27	$5.84	$852,665,096	6 / 8
2026-09-28	$5.84	$852,665,096	6 / 8
2026-09-29	$5.84	$852,665,096	6 / 8
2026-09-30	$5.84	$852,665,096	6 / 8
2026-10-01	$5.84	$852,665,096	6 / 8
2026-10-02	$5.84	$852,665,096	6 / 8
2026-10-03	$5.84	$852,665,096	6 / 8
2026-10-04	$5.84	$852,665,096	6 / 8
2026-10-05	$5.84	$852,665,096	6 / 8
2026-10-06	$5.84	$852,665,096	6 / 8
2026-10-07	$5.84	$852,665,096	6 / 8
2026-10-08	$5.84	$852,665,096	6 / 8
2026-10-09	$5.84	$854,131,874	6 / 8
2026-10-10	$5.84	$854,131,874	6 / 8
2026-10-11	$5.84	$854,131,874	6 / 9
2026-10-12	$5.84	$854,131,874	6 / 9
2026-10-13	$5.84	$854,131,874	6 / 9
2026-10-14	$5.84	$854,131,874	6 / 9
2026-10-15	$5.84	$854,131,874	6 / 9
2026-10-16	$5.84	$854,131,874	6 / 9
2026-10-17	$5.84	$854,131,874	6 / 9
2026-10-18	$5.84	$854,131,874	6 / 9
2026-10-19	$5.84	$854,131,874	6 / 9
2026-10-20	$5.84	$854,131,874	6 / 9
2026-10-21	$5.73	$854,255,923	6 / 9
2026-10-22	$5.73	$855,180,457	6 / 9
2026-10-23	$5.73	$855,180,457	6 / 10
2026-10-24	$5.75	$858,207,123	6 / 10

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	13	6
2026-06-01	14	6
2026-07-01	14	6
2026-08-01	14	6
2026-09-01	15	6
2026-10-01	15	5

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 15 Buy / Strong Buy · 5 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades2 maintains

Recent actions · Sep 25–Oct 24 · 2 recorded

Price-target changes

30 days

○ Previous · ● Latest · common dollar scale

Piper SandlerOct 12 · prior Jul 21

$268.00 → $246.00-8.2%

Evercore ISIOct 2 · prior Sep 21

$200.00 → $199.00-0.5%

$0$147.40$294.80

0 raises · 2 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Dividend per share grows to at least $1.55Dividend per share: $1.75 per share
EPS reaches at least $5.66 in 2026Diluted EPS: $1.46 per share
FFO reaches at least $9.46 in 2026Direct metric needs a verified mapping

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.6%Typical daily move · historical

Downside history

-14.7%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

EastGroup Properties outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

EGP is a real estate company with a development-and-expansion thesis, rather than a turnaround story. The long-term thesis is intact: recent performance remains in the top half of its industry, though confidence in the evidence is medium and execution quality is mixed.

What's priced into EastGroup Properties

Valuation is tagged as stretched, and the company carries a 1.62 premium versus peers. The expectations gap is 0.18, but model confidence is low, so the evidence does not support a precise read on what the market assumes.

What the fundamentals likely do

In the near term, recent operating evidence is mixed but includes 5.3% growth in same-property net operating income and 998,000 square feet of projects started in the third quarter. Management raised the quarterly dividend, while balance-sheet strength remains a stated priority without clear evidence of improvement this quarter. Near-term miss risk is described as low, but a past deep miss and recent peer misses remain cautions.

What EastGroup Properties hinges on

Over the next year, the setup would benefit if the Federal Reserve begins cutting rates and major real estate peers continue to report strong results and guidance. A cut to EGP’s guidance on the next call would be a meaningful negative, as estimates could be revised lower. The multi-year thesis also depends on continued delivery in high-growth markets and maintaining financial flexibility.