Analysts’ Recent Ratings Changes for EastGroup Properties (EGP)

Several analysts have recently updated their ratings and price targets for EastGroup Properties (NYSE: EGP):

• 7/27/2026 – EastGroup Properties had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $235.00 price target on the stock.
• 7/24/2026 – EastGroup Properties had its price target raised by Citigroup Inc. from $235.00 to $250.00. They now have a “buy” rating on the stock.
• 7/24/2026 – EastGroup Properties had its price target raised by JPMorgan Chase & Co. from $210.00 to $231.00. They now have a “neutral” rating on the stock.
• 7/23/2026 – EastGroup Properties was given a new $206.00 price target by Evercore Inc.
• 7/21/2026 – EastGroup Properties had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 7/21/2026 – EastGroup Properties had its price target raised by Piper Sandler from $240.00 to $268.00. They now have an “overweight” rating on the stock.
• 7/16/2026 – EastGroup Properties had its price target raised by Barclays PLC from $210.00 to $228.00. They now have an “overweight” rating on the stock.
• 7/13/2026 – EastGroup Properties had its price target raised by KeyCorp from $210.00 to $220.00. They now have an “overweight” rating on the stock.
• 7/1/2026 – EastGroup Properties had its price target raised by BTIG Research from $218.00 to $235.00. They now have a “buy” rating on the stock.
• 6/17/2026 – EastGroup Properties is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $241.00 price target on the stock.
• 6/17/2026 – EastGroup Properties was upgraded by Raymond James Financial, Inc. to “moderate buy”.
• 6/1/2026 – EastGroup Properties had its price target raised by Wells Fargo & Company from $213.00 to $221.00. They now have an “overweight” rating on the stock.

EastGroup Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $1.55 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $6.20 dividend on an annualized basis and a yield of 2.9%. EastGroup Properties’s payout ratio is currently 108.77%.

Insiders Place Their Bets

In other news, Director David Michael Fields sold 504 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $195.77, for a total transaction of $98,668.08. Following the completion of the sale, the director directly owned 3,531 shares in the company, valued at $691,263.87. This trade represents a 12.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

EastGroup Properties, Inc (NYSE: EGP) is a real estate investment trust specializing in the ownership, development and management of industrial properties. Focused primarily on distribution-oriented facilities, the company’s portfolio consists of modern warehouse and light manufacturing buildings located in high-growth Sunbelt markets. EastGroup concentrates on delivering strategic logistics solutions to customers requiring proximity to transportation hubs and major population centers across the southern United States.

Since its founding in 1969, EastGroup has pursued a disciplined growth strategy that combines property development, targeted acquisitions and hands-on asset management.