Investment Analysts’ Weekly Ratings Changes for EastGroup Properties (EGP)

Several brokerages have updated their recommendations and price targets on shares of EastGroup Properties (NYSE: EGP) in the last few weeks:

• 5/5/2026 – EastGroup Properties had its price target raised by Truist Financial Corporation from $205.00 to $215.00. They now have a “buy” rating on the stock.
• 4/29/2026 – EastGroup Properties had its price target raised by KeyCorp from $205.00 to $210.00. They now have an “overweight” rating on the stock.
• 4/28/2026 – EastGroup Properties had its price target raised by Royal Bank Of Canada from $195.00 to $208.00. They now have a “sector perform” rating on the stock.
• 4/28/2026 – EastGroup Properties had its price target raised by Robert W. Baird from $208.00 to $210.00. They now have an “outperform” rating on the stock.
• 4/27/2026 – EastGroup Properties had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $217.00 price target on the stock.
• 4/24/2026 – EastGroup Properties was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 4/24/2026 – EastGroup Properties was given a new $195.00 price target by Evercore Inc.
• 4/16/2026 – EastGroup Properties had its price target raised by Morgan Stanley from $205.00 to $215.00. They now have an “equal weight” rating on the stock.
• 3/27/2026 – EastGroup Properties had its “buy (b-)” rating reaffirmed by Weiss Ratings.

EastGroup Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $1.55 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $6.20 annualized dividend and a dividend yield of 3.1%. EastGroup Properties’s dividend payout ratio is presently 112.73%.

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.