EastGroup upgraded by Evercore ISI with a new price target
$EGP
Real Estate Investment Trusts
Real Estate
Evercore ISI upgraded EastGroup from In-line to Outperform and set a new price target of $204.00 from $192.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/14/2025 | $180.00 | Buy | Deutsche Bank |
| 1/2/2025 | $174.00 → $194.00 | Hold → Buy | Jefferies |
| 12/17/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 12/11/2024 | $185.00 → $200.00 | Outperform → Strong Buy | Raymond James |
| 9/16/2024 | $192.00 → $204.00 | In-line → Outperform | Evercore ISI |
| 9/5/2024 | $175.00 → $200.00 | Neutral → Outperform | Mizuho |
| 8/28/2024 | $179.00 → $214.00 | Equal Weight → Overweight | Wells Fargo |
| 7/22/2024 | $162.00 → $208.00 | Neutral → Outperform | Wedbush |
4 - EASTGROUP PROPERTIES INC (0000049600) (Issuer)
4 - EASTGROUP PROPERTIES INC (0000049600) (Issuer)
4 - EASTGROUP PROPERTIES INC (0000049600) (Issuer)
Urban Edge Properties (NYSE:UE) today announced the appointment of Katherine M. Sandstrom to the Company's Board of Trustees, effective October 1, 2022. Ms. Sandstrom will also serve as a member of the Audit Committee and the Corporate Governance and Nominating Committee. Ms. Sandstrom brings deep experience in real estate investment including more than twenty years of service at Heitman LLC, a real estate investment management firm, where she held a variety of senior leadership positions including her role as Senior Managing Director of Public Real Estate Securities. Ms. Sandstrom oversaw the growth of assets under management to more than $5 billion invested in domestic and global funds,
8-K - EASTGROUP PROPERTIES INC (0000049600) (Filer)
424B5 - EASTGROUP PROPERTIES INC (0000049600) (Filer)
10-Q - EASTGROUP PROPERTIES INC (0000049600) (Filer)
JACKSON, Miss., Jan. 27, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today the income tax treatment of its 2024 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup distributions. Common Stock:Ticker Symbol EGP, CUSIP #277 276 101 Record Dates Payment Dates Total Distributions Per Share (1) Ordinary Dividends Capital Gain Distributions Unrecaptured Sec. 1250 Gain (2) Nondividend Distributions (3) Section 199A Dividends
JACKSON, Miss., Jan. 7, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Friday, February 7, 2025, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company's fourth quarter results, current operations, and earnings outlook for 2025. EastGroup plans to release financial results for the quarter after the market closes on February 6, 2025. The earnings release and supplemental information package
JACKSON, Miss., Dec. 30, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity. In November, EastGroup acquired DFW Global Logistics Centre 5-8, four multi-tenant business distribution buildings totaling 492,000 square feet, for approximately $76,000,000. These buildings, which are 100% leased to 13 tenants, are located adjacent to the Company's DFW Global Logistics Centre 1-4 buildings near the Dallas-Fort Worth Airport. This acquisition increased the Company's ownership of properties
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
JACKSON, Miss., Jan. 27, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today the income tax treatment of its 2024 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup distributions. Common Stock:Ticker Symbol EGP, CUSIP #277 276 101 Record Dates Payment Dates Total Distributions Per Share (1) Ordinary Dividends Capital Gain Distributions Unrecaptured Sec. 1250 Gain (2) Nondividend Distributions (3) Section 199A Dividends
JACKSON, Miss., Jan. 7, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Friday, February 7, 2025, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company's fourth quarter results, current operations, and earnings outlook for 2025. EastGroup plans to release financial results for the quarter after the market closes on February 6, 2025. The earnings release and supplemental information package
JACKSON, Miss., Dec. 2, 2024 /PRNewswire/ -- EastGroup Properties (NYSE:EGP) (the "Company", "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per share payable on January 15, 2025, to shareholders of record of Common Stock on December 31, 2024. This dividend is the 180th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $5.60 per share. EastGroup has increased or maintained its dividend for 32 consecutive years. The Company has increased it 29 years over that period, including increases in each of the last 13 years.
Deutsche Bank initiated coverage of EastGroup with a rating of Buy and set a new price target of $180.00
Jefferies upgraded EastGroup from Hold to Buy and set a new price target of $194.00 from $174.00 previously
KeyBanc Capital Markets downgraded EastGroup from Overweight to Sector Weight