# EastGroup Properties, Inc. – Consensus ‘buy’ rating and 20.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/eastgroup-properties-inc-consensus-buy-rating-and-20-1-upside-potential/4121184415
- Published: 2025-01-22T15:05:56+00:00
- Author: Charlotte Edwards

**EastGroup Properties, Inc.** which can be found using ticker (EGP) now have 20
analysts in total covering the stock. The consensus rating is pointing to ‘buy’.
The range between the high target price and low target price is between $220.00 
and $168.00 and has a mean target at $193.90. Given that the stocks previous close
was at $161.41 this is indicating there is a potential upside of 20.1%. The day 
50 moving average is $167.25 and the 200 moving average now moves to $173.38. The
company has a market capitalization of 8.41B. The current share price for the company
is: $169.80 USD

 The potential market cap would be $10,098,093,385 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 34.94, revenue per share of $13.09
and a 3.45% return on assets.

EastGroup Properties, Inc. is an internally managed equity real estate investment
trust (REIT). The Company is focused on the development, acquisition, and operation
of industrial properties in major Sunbelt markets throughout the United States, 
primarily in the states of Florida, Texas, Arizona, California, and North Carolina.
The Company owns 487 industrial properties and one office building in 11 states.
Its portfolio includes development projects and value-add properties in lease-up
and under construction, included approximately 56.0 million square feet consisting
of 449 business distribution properties containing 51.2 million square feet. The
Company also includes 14 bulk distribution properties containing 3.8 million square
feet, and 25 business service properties containing 1.0 million square feet (which
includes one office building).

Share on: