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EastGroup Properties Inc. (NYSE:EGP) is a real estate investment trust that develops, acquires and operates industrial properties in high-growth markets throughout the U.S.
It is set to report its Q2 2025 earnings on July 22. Wall Street analysts expect the company to post EPS of $2.20, up from $2.09 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $176.08 million, up from $159.09 million a year earlier.
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The company’s stock traded at approximately $56.23 per share 10 years ago. If you had invested $10,000, you could have bought roughly 178 shares. Currently, shares trade at $167.55, meaning your investment’s value could have grown to $29,797 from stock price appreciation alone. However, EastGroup Properties also paid dividends during these 10 years.
EastGroup Properties’ dividend yield is currently 3.34%. Over the last 10 years, it has paid about $36.50 in dividends per share, which means you could have made $6,491 from dividends alone.
Summing up $29,797 and $6,491, we end up with the final value of your investment, which is $36,288. This is how much you could have made if you had invested $10,000 in EastGroup Properties stock 10 years ago. This means a total return of 262.88%. In comparison, S&P 500 total return for the same period is 258.50%.
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EastGroup Properties has a consensus rating of “Outperform” and a price target of $188.20 based on the ratings of 21 analysts. The price target implies a more than 12% potential upside from the current stock price.
The company on April 23 announced its Q1 2025 earnings, posting FFO of $2.15, compared to the consensus estimate of $2.10, and revenues of $174.45 million, compared to the consensus of $170.05 million, as reported by Benzinga.
“I’m proud of our first quarter progress. The past two quarters marked two of our three historic highs for square feet of operating portfolio leases signed during the quarter. That’s a strong testament to our team, our properties and our markets, in that order. For the near term, concerns about global trade have since put a cloud of uncertainty around the market, in terms of leasing and capital market activity. We are monitoring the environment closely and working to complete leases as quickly as we can in the meantime. Stepping back, our management team has been through several periods of economic uncertainty before, and we’ll navigate through this one too,” said CEO Marshall Loeb.