15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 15 firms covering EastGroup Properties Inc, 10 rate it Buy or better, 5 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $172.00 to $268.00, a moderate spread. The average target of $223.07 sits 6% above the current $210.13. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 9 to 10 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.36 next quarter toward $5.52 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS15 ratings
Moderate Buy
Strong Buy00%
Buy1067%
Hold533%
Sell00%
Strong Sell00%
Based on 15 analysts giving stock ratings to EastGroup Properties Inc.
As of Jul, 10 of 15 firms rate EGP a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
EGP EPS & revenue forecast
EPS · NEXT QUARTER
$1.36
Range $1.21 – $1.42 · 6 analysts · +7% YoY
Next period, 6 analysts expect EastGroup Properties Inc to earn $1.36 a share (range $1.21 – $1.42), versus $1.27 a year earlier. Full-year consensus is $5.89, growing to $5.52 the year after.
REVENUE · NEXT QUARTER
$201.4M
Range $199.0M – $205.0M · 6 analysts · +7% YoY
Revenue is expected to reach $201.4M (range $199.0M – $205.0M), +7.5% year-over-year. Full-year consensus is $782.3M, rising to $850.3M next year.
Top analysts covering EastGroup Properties Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on EGP.
#1
Alexander Goldfarb
Piper Sandler · Rank #97
Buy
$268.00+27.5% to target
Overall win rate
43%
+ Follow
#2
Steve Sakwa
Evercore ISI Group · Rank #127
Hold
$206.00-2.0% to target
Overall win rate
40%
+ Follow
#3
Blaine Heck
Wells Fargo · Rank #148
Buy
$221.00+5.2% to target
Overall win rate
44%
+ Follow
#4
Michael Lewis
Truist Securities · Rank #178
Buy
$215.00+2.3% to target
Overall win rate
41%
+ Follow
#5
Todd Thomas
Keybanc
Buy
$220.00+4.7% to target
Coverage
—
+ Follow
EGP stock forecast FAQ
What is EGP's average 12-month price target?+
The 15 analysts with a live target average $223.07 for EastGroup Properties Inc over the next 12 months, ranging from a $268.00 high to a $172.00 low.
Is EGP stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 15 analyst ratings, 10 are Buy or Strong Buy, 5 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for EGP?+
The Street-high target is $268.00 (Piper Sandler), and the Street-low is $172.00 (Mizuho). The average of all 15 active targets is $223.07.
How many Wall Street analysts cover EGP?+
15 analysts have an active rating on EastGroup Properties Inc, and 15 firms carry a live 12-month price target.
Who is the most accurate analyst covering EGP?+
Among analysts who currently cover EGP, Alexander Goldfarb of Piper Sandler has the strongest overall Quantellect track record (Rank #97). Their current call is Buy with a $268.00 target.
What is EastGroup Properties Inc's projected EPS for next quarter?+
The consensus estimate is $1.36 per share (range $1.21 – $1.42) across 6 analysts. Full-year EPS is projected at $5.89, rising to $5.52 the following year.
How much revenue is EastGroup Properties Inc expected to report next quarter?+
Consensus revenue is $201.4M (range $199.0M – $205.0M). Full-year revenue is projected at $782.3M, growing to $850.3M next year.
Have analysts been upgrading or downgrading EGP lately?+
As of Jul, 10 of 15 firms rate EGP a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their EGP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
Raymond James
