Mizuho upgraded EastGroup from Neutral to Outperform and set a new price target of $200.00 from $175.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/10/2025 | Hold → Buy | Truist | |
| 4/7/2025 | $175.00 | Overweight → Neutral | Piper Sandler |
| 3/17/2025 | $181.00 → $185.00 | Outperform → In-line | Evercore ISI |
| 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 |
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)
10-Q - EASTGROUP PROPERTIES INC (0000049600) (Filer)
8-K - EASTGROUP PROPERTIES INC (0000049600) (Filer)
JACKSON, Miss., May 22, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per share payable on July 15, 2025, to shareholders of record of Common Stock on June 30, 2025. This dividend is the 182nd 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.
Quarter Highlights Net Income Attributable to Common Stockholders of $1.14 Per Diluted Share for First Quarter 2025 Compared to $1.22 Per Diluted Share for First Quarter 2024 (Gains on Sales of Real Estate Investments Were $9 Million, or $0.18 Per Diluted Share, in First Quarter 2024; There Were No Sales in First Quarter 2025)Funds from Operations ("FFO") Excluding Gain on Involuntary Conversion and Business Interruption Claims of $2.12 Per Diluted Share for First Quarter 2025 Compared to $1.98 Per Diluted Share for First Quarter 2024, an Increase of 7.1%Same Property Net Operating Income for the Same Property Pool Excluding Income From Lease Terminations Increased 5.3% on a Straight-Line Ba
JACKSON, Miss., March 25, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today that it will hold its First Quarter 2025 Earnings Conference Call and Webcast on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time. On the call, Marshall Loeb, CEO, and Brent Wood, CFO, will discuss the Company's first quarter results, current operations, and earnings outlook for 2025. EastGroup plans to release financial results for the quarter after the market closes on April 23, 2025. The earnings release and supplemental information packa
Truist upgraded EastGroup from Hold to Buy
Piper Sandler downgraded EastGroup from Overweight to Neutral and set a new price target of $175.00
Evercore ISI downgraded EastGroup from Outperform to In-line and set a new price target of $185.00 from $181.00 previously
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
4 - EASTGROUP PROPERTIES INC (0000049600) (Issuer)
4 - EASTGROUP PROPERTIES INC (0000049600) (Issuer)
4 - EASTGROUP PROPERTIES INC (0000049600) (Issuer)
JACKSON, Miss., May 29, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today its recent business activity. Commenting on the Company's activity, Marshall Loeb, CEO, stated, "We continue to be pleased by the resiliency of the shallow bay industrial market. Occupancy and leasing trends are in line to slightly ahead of our expectations. We look forward to speaking with many of you next week at Nareit's investor conference and for those we'll miss, we're available for any questions." In May 2025, EastGroup acq
JACKSON, Miss., May 22, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE:EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per share payable on July 15, 2025, to shareholders of record of Common Stock on June 30, 2025. This dividend is the 182nd 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.
Quarter Highlights Net Income Attributable to Common Stockholders of $1.14 Per Diluted Share for First Quarter 2025 Compared to $1.22 Per Diluted Share for First Quarter 2024 (Gains on Sales of Real Estate Investments Were $9 Million, or $0.18 Per Diluted Share, in First Quarter 2024; There Were No Sales in First Quarter 2025)Funds from Operations ("FFO") Excluding Gain on Involuntary Conversion and Business Interruption Claims of $2.12 Per Diluted Share for First Quarter 2025 Compared to $1.98 Per Diluted Share for First Quarter 2024, an Increase of 7.1%Same Property Net Operating Income for the Same Property Pool Excluding Income From Lease Terminations Increased 5.3% on a Straight-Line Ba