EastGroup Properties (EGP) Set to Announce Earnings on Wednesday

Posted by Brian Himes on Oct 19th, 2026

EastGroup Properties (NYSE:EGP – Get Free Report) is expected to release its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $1.37 per share and revenue of $197.32 million for the quarter. EastGroup Properties has set its FY 2026 guidance at 9.520-9.660 EPS. Interested persons may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

EastGroup Properties (NYSE:EGP – Get Free Report) last released its earnings results on Wednesday, July 22nd. The real estate investment trust reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.09. The company had revenue of $193.33 million for the quarter, compared to the consensus estimate of $193.61 million. EastGroup Properties had a return on equity of 8.61% and a net margin of 40.47%. EastGroup Properties’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.21 earnings per share. On average, analysts expect EastGroup Properties to post $9.60 EPS for the current fiscal year and $10.25 EPS for the next fiscal year.

EastGroup Properties Stock Performance

Shares of EGP opened at $196.48 on Monday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.45. The business has a 50-day simple moving average of $199.39 and a two-hundred day simple moving average of $202.03. The stock has a market cap of $10.56 billion, a price-to-earnings ratio of 34.47, a PEG ratio of 2.96 and a beta of 1.00. EastGroup Properties has a 52 week low of $172.17 and a 52 week high of $226.71.

EastGroup Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase from EastGroup Properties’s previous quarterly dividend of $1.55. EastGroup Properties’s payout ratio is presently 122.81%.

Wall Street Analyst Weigh In

EGP has been the topic of several research analyst reports. Citigroup boosted their price objective on EastGroup Properties from $235.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Piper Sandler cut their target price on EastGroup Properties from $268.00 to $246.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. JPMorgan Chase & Co. raised EastGroup Properties from a “neutral” rating to an “overweight” rating and set a $231.00 target price on the stock in a research note on Thursday, September 24th. KeyCorp increased their price objective on shares of EastGroup Properties from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, Robert W. Baird set a $221.00 price objective on shares of EastGroup Properties in a research report on Friday, July 31st. Thirteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $220.16.

Get Our Latest Stock Analysis on EGP

EastGroup Properties Company Profile

(Get Free Report)

EastGroup Properties, Inc (NYSE: EGP) is a self-administered and self-managed equity real estate investment trust (REIT) that develops, acquires, owns and operates industrial properties. Its portfolio is primarily composed of distribution and warehouse facilities designed to support customers’ logistics, manufacturing and regional fulfillment needs.

The company focuses on functional, well-located industrial properties in major Sun Belt markets, with an emphasis on infill locations near population centers, transportation networks and business districts.