JP Morgan initiated coverage on EastGroup with a new price target
$EGP
Real Estate Investment Trusts
Real Estate
JP Morgan initiated coverage of EastGroup with a rating of Neutral and set a new price target of $190.00
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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,
Fourth Quarter 2024 Highlights Net Income Attributable to Common Stockholders of $1.16 Per Diluted Share for Fourth Quarter 2024 Compared to $1.35 Per Diluted Share for Fourth Quarter 2023 (Gains on Sales of Real Estate Investments Were $13 Million, or $0.28 Per Diluted Share, in Fourth Quarter 2023; There Were No Sales in Fourth Quarter 2024)Funds from Operations ("FFO") Excluding Gain on Involuntary Conversion and Business Interruption Claims of $2.15 Per Diluted Share for Fourth Quarter 2024 Compared to $2.03 Per Diluted Share for Fourth Quarter 2023, an Increase of 5.9%Same Property Net Operating Income for the Same Property Pool Excluding Income From Lease Terminations Increased 3.6% on
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
SCHEDULE 13G - EASTGROUP PROPERTIES INC (0000049600) (Subject)
10-K - EASTGROUP PROPERTIES INC (0000049600) (Filer)
8-K - EASTGROUP PROPERTIES INC (0000049600) (Filer)
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
Fourth Quarter 2024 Highlights Net Income Attributable to Common Stockholders of $1.16 Per Diluted Share for Fourth Quarter 2024 Compared to $1.35 Per Diluted Share for Fourth Quarter 2023 (Gains on Sales of Real Estate Investments Were $13 Million, or $0.28 Per Diluted Share, in Fourth Quarter 2023; There Were No Sales in Fourth Quarter 2024)Funds from Operations ("FFO") Excluding Gain on Involuntary Conversion and Business Interruption Claims of $2.15 Per Diluted Share for Fourth Quarter 2024 Compared to $2.03 Per Diluted Share for Fourth Quarter 2023, an Increase of 5.9%Same Property Net Operating Income for the Same Property Pool Excluding Income From Lease Terminations Increased 3.6% on
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
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)
SC 13G/A - EASTGROUP PROPERTIES INC (0000049600) (Subject)