Weekly Research Analysts’ Ratings Updates 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:

• 8/3/2026 – EastGroup Properties had its price target raised by Royal Bank Of Canada from $208.00 to $220.00. They now have a “sector perform” rating on the stock.
• 7/31/2026 – EastGroup Properties was given a new $221.00 price target by Robert W. Baird.
• 7/28/2026 – EastGroup Properties had its price target raised by Truist Financial Corporation from $215.00 to $230.00. They now have a “buy” rating on the stock.
• 7/27/2026 – EastGroup Properties had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $235.00 price target on the stock.
• 7/24/2026 – EastGroup Properties had its price target raised by Citigroup Inc. from $235.00 to $250.00. They now have a “buy” rating on the stock.
• 7/24/2026 – EastGroup Properties had its price target raised by JPMorgan Chase & Co. from $210.00 to $231.00. They now have a “neutral” rating on the stock.
• 7/23/2026 – EastGroup Properties was given a new $206.00 price target by Evercore Inc.
• 7/21/2026 – EastGroup Properties had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 7/21/2026 – EastGroup Properties had its price target raised by Piper Sandler from $240.00 to $268.00. They now have an “overweight” rating on the stock.
• 7/16/2026 – EastGroup Properties had its price target raised by Barclays PLC from $210.00 to $228.00. They now have an “overweight” rating on the stock.
• 7/13/2026 – EastGroup Properties had its price target raised by KeyCorp from $210.00 to $220.00. They now have an “overweight” rating on the stock.
• 7/1/2026 – EastGroup Properties had its price target raised by BTIG Research from $218.00 to $235.00. They now have a “buy” rating on the stock.
• 6/17/2026 – EastGroup Properties is now covered by Raymond James Financial, Inc.. They set an “outperform” rating and a $241.00 price target on the stock.
• 6/17/2026 – EastGroup Properties was upgraded by Raymond James Financial, Inc. to “moderate buy”.

EastGroup Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $1.55 per share. This represents a $6.20 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. EastGroup Properties’s dividend payout ratio (DPR) is currently 108.77%.

Insider Transactions at EastGroup Properties

In other EastGroup Properties news, Director David Michael Fields sold 504 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $195.77, for a total value of $98,668.08. Following the transaction, the director directly owned 3,531 shares in the company, valued at $691,263.87. The trade was a 12.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is owned by corporate insiders.

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.