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EastGroup Properties (EGP)

(Delayed Data from NYSE)

$159.86 USD

159.86
343,591

+1.34 (0.85%)

Updated May 3, 2024 04:00 PM ET

After-Market: $159.86 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value B Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 40% (100 out of 252)

Industry: REIT and Equity Trust - Other

Better trading starts here.

Zacks News

Equinix (EQIX) Stock Up 17% in 6 Months: Will the Trend Last?

A globally thriving data-center real estate market is likely to aid Equinix (EQIX) in the quarters ahead. Its recurring revenue model, strategic expansions and robust balance sheet are encouraging.

Iron Mountain's (IRM) Stock Rises 27% YTD: Will the Trend Last?

A resilient storage and records management business will likely aid Iron Mountain's (IRM) performance in the quarters ahead. Focus on data-center business expansion is encouraging.

SBA Communications (SBAC) Soars 16.7% QTD: Will the Trend Last?

SBA Communications (SBAC) to gain from robust demand for wireless communication assets amid rising mobile data use, expansion efforts and a healthy balance sheet in the near term.

Here's Why You Should Retain Vornado Realty (VNO) Stock Now

Vornado Realty (VNO) is well-poised to gain from its top-quality assets. Also, its repositioning efforts bode well. However, choppiness in the office market and a higher interest rate environment are woes.

Should You Retain Cousins Properties (CUZ) Stock for Now?

While the healthy demand for premier office spaces, diverse tenant base and capital recycling moves bode well for Cousins Properties (CUZ), a choppy office market and high interest rates are woes.

Key Reasons to Add Iron Mountain (IRM) to Your Portfolio Now

Strong cash flows from the storage and records management businesses, data-center business expansion and solid balance sheet are likely to aid Iron Mountain's (IRM) performance in the quarters ahead.

Pebblebrook (PEB) Sells Hotel Zoe Fisherman's Wharf for $68.5M

In sync with the company's investment strategy, Pebblebrook (PEB) sells Hotel Zoe Fisherman's Wharf, a 221-room property in San Francisco, CA, for $68.5 million.

Key Reasons to Add Welltower (WELL) to Your Portfolio Now

A rise in healthcare spending by senior citizens, strategic portfolio-repositioning efforts and a robust balance sheet are likely to drive Welltower's (WELL) performance in the quarters ahead.

Boston Properties (BXP) to Sell 45% Stake in Two Life-Science Assets

Boston Properties (BXP) announces a 45% stake sale in 290 Binney Street and 300 Binney Street in Kendall Square, MA, to Norges Bank Investment Management for a gross valuation of $1.66 billion.

Welltower (WELL) to Dissolve Chartwell JV & Acquire 23 Assets

Welltower (WELL) enters into an agreement to dissolve Chartwell JV and acquire the remaining interests in 23 senior housing assets. The move is expected to unlock significant NOI upside, thus making it prudent.

Four Corners (FCPT) Rewards Investors With Dividend Raise

Four Corners (FCPT) raises its dividend payout by 1.5% to 34.50 cents per share. Its ability to generate decent cash flows and solid balance sheet position are likely to support the latest hike.

EastGroup (EGP) Expands Portfolio With Nashville Acquisition

EastGroup's (EGP) strategic expansion efforts in the thriving Nashville market align with broader trends in the industrial real estate market.

Four Corners (FCPT) Expands Portfolio With Property Buyout

Continuing with its efforts to enhance overall portfolio quality with real estate leased to strong credit operators, Four Corners (FCPT) acquires a Taco Bell property in Oklahoma for $2.2 million.

EastGroup Properties (EGP) Q3 FFO and Revenues Beat Estimates

EastGroup Properties (EGP) delivered FFO and revenue surprises of 1.04% and 3%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Bears are Losing Control Over EastGroup Properties (EGP), Here's Why It's a 'Buy' Now

After losing some value lately, a hammer chart pattern has been formed for EastGroup Properties (EGP), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Is It Wise to Retain Extra Space Storage (EXR) Stock for Now?

Extra Space Storage (EXR) is poised to benefit from the high brand value, accretive buyouts and a healthy balance sheet. However, a rise in vacating volumes and high interest rates are concerns.

Terreno (TRNO) Continues Acquisitions, Buys Brooklyn Property

Terreno's (TRNO) recent spate of acquisitions of industrial properties is likely to aid it in banking on solid industrial real estate market tailwinds.

Terreno (TRNO) Boosts Portfolio With Redondo Beach Property

Terreno's (TRNO) recent acquisition of an industrial property in Redondo Beach is likely to aid it in riding solid industrial real estate market tailwinds.

Green Brick (GRBK) & Century Communities Buy Land in Texas

Green Brick (GRBK), in a new joint project with Century Communities, buys land in Austin, TX, to develop a new community. Construction is expected to begin in early 2025.

Terreno Realty (TRNO) Sees Solid Rent Growth & Occupancy in Q3

Terreno Realty (TRNO) issues Q3 operating and investment update. It benefits from solid rent growth and high occupancy on the back of robust industrial real estate market fundamentals.

GOOD vs. EGP: Which Stock Is the Better Value Option?

GOOD vs. EGP: Which Stock Is the Better Value Option?

Plymouth (PLYM) Drives Growth With Solid Leasing Activity in Q3

Plymouth (PLYM) drives success with strong leasing activity, an increase in rental rates and high occupancy.

Is it Wise to Retain Vornado (VNO) Stock in Your Portfolio Now?

Vornado's (VNO) assets are poised to draw in tenants, thanks to the strong demand for high-quality properties. However, elevated interest rates continue to be a concern.

Are Finance Stocks Lagging Bay Commercial Bank (BCML) This Year?

Here is how Bay Commercial Bank (BCML) and EastGroup Properties (EGP) have performed compared to their sector so far this year.

Green Brick Partners (GRBK) Buys Land for 78 Homes in Florida

Green Brick (GRBK) buys land in Florida's Vero Beach to construct 78 homes, expected to start by 2023-end. It anticipates generating attractive returns and gross margins from the community.