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NYSE: EGP
Eastgroup Properties Inc Stock Forecast, Predictions & Price Target

Analyst price target for EGP

Based on 7 analysts offering 12 month price targets for Eastgroup Properties Inc.
Min Forecast
$175.00-2.65%
Avg Forecast
$185.29+3.07%
Max Forecast
$198.00+10.14%

Should I buy or sell EGP stock?

Based on 7 analysts offering ratings for Eastgroup Properties Inc.
Buy
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
5 analysts 71.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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EGP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-02-16
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2023-12-05
Raymond James
Top 32%
69
BuyUpgrades$180.00+0.13%2023-10-27
Wedbush
Top 23%
78
HoldInitiates Coverage On$175.00-2.65%2023-10-03

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Forecast return on equity

Is EGP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.27%

Forecast return on assets

Is EGP forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

EGP revenue forecast

What is EGP's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$629.7M+10.36%
Avg 2 year Forecast
$689.0M+20.75%
Avg 3 year Forecast
$799.5M+40.11%
EGP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EGP earnings growth forecast

How is EGP forecast to perform vs REIT - Industrial companies and vs the US market?
Company
51.72%
Industry
31.15%
Market
22.08%
EGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
EGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
EGP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

EGP revenue growth forecast

How is EGP forecast to perform vs REIT - Industrial companies and vs the US market?
Company
11.13%
Industry
6.09%
Market
10.52%
EGP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EGP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EGP vs Industrial REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
EGP$179.77$185.29+3.07%Buy
COLD$24.92$29.71+19.24%Buy
CUBE$45.22$45.44+0.50%Hold
STAG$38.44$39.50+2.76%Hold
FR$52.54$54.22+3.20%Buy

Eastgroup Properties Stock Forecast FAQ

Is Eastgroup Properties Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: EGP) stock is to Buy EGP stock.

Out of 7 analysts, 1 (14.29%) are recommending EGP as a Strong Buy, 1 (14.29%) are recommending EGP as a Buy, 5 (71.43%) are recommending EGP as a Hold, 0 (0%) are recommending EGP as a Sell, and 0 (0%) are recommending EGP as a Strong Sell.

If you're new to stock investing, here's how to buy Eastgroup Properties stock.

What is EGP's revenue growth forecast for 2024-2026?

(NYSE: EGP) Eastgroup Properties's forecast annual revenue growth rate of 11.13% is forecast to beat the US REIT - Industrial industry's average forecast revenue growth rate of 6.09%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Eastgroup Properties's revenue in 2024 is $570,591,000.On average, 7 Wall Street analysts forecast EGP's revenue for 2024 to be $30,197,831,225, with the lowest EGP revenue forecast at $28,563,902,349, and the highest EGP revenue forecast at $31,003,453,930. On average, 7 Wall Street analysts forecast EGP's revenue for 2025 to be $33,040,505,876, with the lowest EGP revenue forecast at $29,453,017,472, and the highest EGP revenue forecast at $34,936,373,630.

In 2026, EGP is forecast to generate $38,339,181,217 in revenue, with the lowest revenue forecast at $37,366,333,893 and the highest revenue forecast at $39,885,493,408.

What is EGP's forecast return on assets (ROA) for 2024-2027?

(NYSE: EGP) forecast ROA is N/A, which is lower than the forecast US REIT - Industrial industry average of N/A.

What is EGP's Price Target?

According to 7 Wall Street analysts that have issued a 1 year EGP price target, the average EGP price target is $185.29, with the highest EGP stock price forecast at $198.00 and the lowest EGP stock price forecast at $175.00.

On average, Wall Street analysts predict that Eastgroup Properties's share price could reach $185.29 by Mar 27, 2025. The average Eastgroup Properties stock price prediction forecasts a potential upside of 3.07% from the current EGP share price of $179.77.

What is EGP's forecast return on equity (ROE) for 2024-2027?

(NYSE: EGP) forecast ROE is N/A, which is considered weak.
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