EastGroup Properties, Inc. (EGP) is a publicly traded company in the Real Estate — REIT - Industrial industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
EastGroup Properties, Inc. (NYSE: EGP), a self-administered equity real estate investment trust and an S&P MidCap 400 company, specializes in the development, acquisition, and management of industrial properties. The company concentrates its efforts within major Sunbelt markets across the United States, with a particular focus on Florida, Texas, Arizona, California, and North Carolina.
Is EastGroup Properties, Inc. stock overvalued or undervalued in 2026?
EastGroup Properties, Inc. (EGP) trades at 33.1× earnings (P/E). At its 10-year average P/FFO (22.8×) $203 (+4 %); at the decade median (19.8×) $177 (-9 %).
Kaplio overview: EastGroup Properties, Inc.
Market cap $10B · 52 weeks $174 – $223 (13 % below the high) · P/E 33.1× · 2027 expected P/E 34.1× · Dividend 3.4 % · 7 years rising · Next earnings February 3, 2027 · expected EPS $1.39 · Closing price, Oct 28 · accounts published Oct 21.
- Valuation: P/FFO 21.9× (fairly priced).
- Business: FFO/dividend 1.6× (solid).
- Balance sheet: Net debt/EBITDA 3.5× (solid).
- Earnings: 4 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (22.8×) $203 (+4 %); at the decade median (19.8×) $177 (-9 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 4 of 5 pass
- P/FFO 21.9×, borderline.
- Dividend coverage (FFO/div) 1.6×, passes.
- Debt / Assets 32.2 %, passes.
- Net debt / EBITDA 3.5×, passes.
- FFO Payout (proxy) 62.9 %, passes.
- FFO / Share $8.90, info.
Against its peers (reference peers) — EastGroup Properties, Inc.: P/B 2.9×; Div. yield 3.4 %; EV/EBITDA 21.6×; $10.5B. Rexford Industrial Realty, Inc. (P/B 1.1×; Div. yield 4.7 %; EV/EBITDA —; $8.8B), First Industrial Realty Trust, Inc. (P/B 2.6×; Div. yield 3.6 %; EV/EBITDA 14.1×; $7.2B), Terreno Realty Corporation (P/B 1.5×; Div. yield 3.3 %; EV/EBITDA 15.0×; $7.1B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 21.9× · median 19.8× · minimum 17.3× · maximum 35.8× · cheap below 19.6× · expensive above 25.8×. It has been cheaper than today 60% of the time over its last ten fiscal years.
Dividend
solid · Yield 3.4 % ($5.68 per share in 2025) · Years raising it 7 · 5-year growth +13 % a year · Free cash flow coverage FFO payout 63 % · With $1,000 invested today you'd collect $33.70 a year ($2.81 a month).
Profitability
| Return on Equity | 8.90% |
| Return on Invested Capital | 5.55% |
| Return on Assets | 5.47% |
| Gross Margin | 51.95% |
| Operating Margin | 40.76% |
| Net Margin | 41.05% |
Financial Health
| Debt / Equity | 0.51 |
| Current Ratio | 0.32 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 3.13 |
Price Performance
| 1 month | -3.75% |
| 3 months | -6.68% |
| Year-to-date | +9.49% |
| 1 year | +12.08% |
| 3 years | +21.04% |
| 5 years | -1.38% |
| 10 years | +187.22% |
Dividend History
Paid in the last 12 months: $6.4000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-30 | $1.7500 |
| 2026-06-30 | $1.5500 |
| 2026-03-31 | $1.5500 |
| 2025-12-31 | $1.5500 |
| 2025-09-30 | $1.5500 |
| 2025-06-30 | $1.4000 |
| 2025-03-31 | $1.4000 |
| 2024-12-31 | $1.4000 |
| 2024-09-30 | $1.4000 |
| 2024-06-28 | $1.2700 |
Amounts adjusted for stock splits.
Related companies: PLD · REXR · FR · STAG · TRNO · COLD · BBOX.L
Explore sector: Real Estate · REIT - Industrial
More sections of EGP: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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