MARKET

EGP

EGP

Eastgroup Pptys Inc
NYSE
187.10
+2.59
+1.40%
After Hours: 187.10 +0.06 +0.03% 16:03 07/26 EDT
OPEN
185.31
PREV CLOSE
184.51
HIGH
188.24
LOW
184.61
VOLUME
199.97K
TURNOVER
0
52 WEEK HIGH
192.61
52 WEEK LOW
151.43
MARKET CAP
9.12B
P/E (TTM)
39.10
1D
5D
1M
3M
1Y
5Y
1D
Industrial Real Estate Returning To Growth
Second quarter earnings reports from Prologis and First Industrial indicate growth is returning to the industrial sector. Industrial real estate market rental rates stopped growing in late 2023, but recent data suggests supply is subsiding and demand is returning. Mark-to-market opportunities for industrial REITs range from 20% to 100%. The growth of e-commerce is expected to drive growth in the sector.
Seeking Alpha · 4h ago
3 Reasons Growth Investors Will Love EastGroup Properties (EGP)
NASDAQ · 1d ago
1 Monthly Dividend Stock to Scoop Up Now
NASDAQ · 2d ago
Analysts’ Top Real Estate Picks: Eastgroup Properties (EGP), Digital Realty (DLR)
TipRanks · 2d ago
Evercore ISI Reaffirms Their Hold Rating on Eastgroup Properties (EGP)
TipRanks · 2d ago
Analysts Offer Insights on Real Estate Companies: Agree Realty (ADC), Equity Lifestyle (ELS) and Eastgroup Properties (EGP)
TipRanks · 2d ago
Piper Sandler Remains a Buy on Eastgroup Properties (EGP)
TipRanks · 2d ago
Maintaining Hold: Eastgroup Properties Meets Expectations with Steady Q2 Performance and Slight FFO Guidance Raise
TipRanks · 2d ago
More
About EGP
EastGroup Properties, Inc. is an internally managed equity real estate investment trust (REIT). The Company is focused on the development, acquisition and operation of industrial properties in Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California and North Carolina. The Company owns approximately 510 industrial properties in 12 states. The Company’s portfolio includes development projects and value-add properties in lease-up and under construction, including approximately 59.2 million square feet consisting of 470 business distribution properties containing 53.9 million square feet. It also has 17 bulk distribution properties containing 4.4 million square feet, and 23 business service properties containing 900,000 square feet.

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