EP

Eastgroup Properties

EGP
NYSEReal Estate
$205.29
USD
+2.63(+1.30%)
At close: Jun 12, 20:00 UTC

Open

$204.61

Prev. Close

$204.79

High

$205.31

Low

$204.61

Market Snapshot

Market Cap

$10.95B

P/E Ratio

37.4

EPS

4.68

Revenue

$640.23M

Employees

103

Why EGP moved

EastGroup Properties’ July 23, 2026 earnings call showcased strong demand trends in the Sunbelt logistics sector, emphasizing continued growth in their property portfolio.

About

EastGroup Properties, Inc. is an internally-managed equity real estate investment trust, which engages in the development, acquisition, and operation of industrial properties. The company is headquartered in Ridgeland, Mississippi and currently employs 103 full-time employees. The firm's strategy for growth is based on ownership of distribution facilities generally clustered near major transportation features in supply-constrained submarkets. The firm's portfolio, including development projects and value-add acquisitions in lease-up and under construction, includes approximately 63.9 million square feet. The firm's properties are primarily in the 20,000 to 100,000 square foot range. The majority of the Company’s leases are triple net leases, in which the tenant is responsible for their pro rata share of operating expenses during the lease term, including real estate taxes, insurance and common area maintenance.

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