# EastGroup Properties, Inc.  Share Price Target ‘$197.37’, now 6.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/eastgroup-properties-inc-share-price-target-197-37-now-6-7-upside-potential/4121187975
- Published: 2025-03-05T12:29:03+00:00
- Author: Charlotte Edwards

**EastGroup Properties, Inc.** which can be found using ticker (EGP) now have 19
confirmed analysts covering the stock with the consensus suggesting a rating of ‘
buy’. The target price High/Low ranges between $218.00 and $180.00 and has a mean
share price target at $197.37. (at the time of writing). Given that the stocks previous
close was at $184.98 and the analysts are correct then we can expect a percentage
increase in value of 6.7%. There is a 50 day moving average of $169.33 and the 200
day moving average is $175.00. The total market capitalization for the company now
stands at 9.58B. The price for the stock stands currently at: $184.11 USD

 The potential market cap would be $10,219,602,588 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 39.68, revenue per share of $13.08
and a 3.3% 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).

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