EGP
Real EstateEastGroup Properties, Inc. · REIT - Industrial · $11B
What is EastGroup Properties, Inc.?
EastGroup Properties is a self-administered equity REIT focused on industrial real estate across major Sunbelt markets in the United States. The company targets functional distribution facilities serving location-sensitive tenants.
EastGroup develops, acquires, and operates industrial properties — primarily business distribution buildings in the 15,000 to 70,000 square foot range. Revenue comes from leasing these facilities to tenants who need proximity to transportation corridors and population centers. The portfolio is concentrated in supply-constrained Sunbelt submarkets across Florida, Texas, Arizona, California, and North Carolina, totaling roughly 45.8 million square feet.
EastGroup Properties was founded in 1983 and is headquartered in Ridgeland, Mississippi.
- Business distribution space in Sunbelt markets
- Development of new industrial facilities near major transportation hubs
- Value-add acquisitions in lease-up
- Supply-constrained submarket positioning
Is EGP a Good Stock to Buy?
UQS Score rates EGP as Below Average overall, reflecting a mixed picture across its five quality pillars.
EastGroup's Quality pillar stands out as the clearest positive — the company demonstrates operational consistency typical of a well-run REIT. Growth and Risk both register as Neutral, suggesting a stable but unexceptional trajectory relative to sector peers.
The Moat pillar is rated Weak, indicating limited structural competitive advantages, while the Valuation pillar is Elevated — meaning the market is pricing in a premium that the fundamentals may not fully support.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does EGP pay dividends?
Yes — EastGroup Properties, Inc. pays a dividend.
EastGroup pays a regular dividend, consistent with its REIT structure, which requires distributing the majority of taxable income to shareholders. Income-focused investors often consider industrial REITs like EGP for this reason. The cadence and yield should be verified against current filings, as distributions can vary with earnings and board decisions.
When does EGP report earnings?
EastGroup Properties reports earnings on a quarterly cadence, typical for US-listed REITs.
The company's recent results reflect the broader industrial real estate environment — leasing activity in Sunbelt markets has been a key driver, though supply additions in some submarkets have introduced some pressure on rent growth. Occupancy trends and development pipeline progress are the metrics most closely watched each quarter.
For the most recent quarter's results, visit EastGroup Properties' investor relations page directly.
EGP Price History
+48.0% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in EastGroup Properties, Inc.?
Based on EastGroup Properties, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
EGP Long-term Outlook
EGP's Neutral Growth and Neutral Risk profile suggests a relatively steady fundamental outlook — neither accelerating sharply nor facing acute deterioration. The Sunbelt industrial theme remains a structural tailwind, but the Elevated Valuation pillar signals that much of the near-term optimism may already be reflected in the share price. Investors weighing long-term positioning should monitor how the development pipeline translates into stabilized income.
Growth drivers
- Continued population and business migration into Sunbelt states driving industrial demand
- Development pipeline converting to income-producing assets
- Supply-constrained submarket positioning supporting occupancy
Key risks
- Elevated valuation leaving limited margin of safety if growth disappoints
- Rising interest rates increasing REIT financing costs
- New industrial supply in key submarkets pressuring rents
EGP vs Peers
EastGroup operates in a competitive industrial and specialty REIT landscape alongside several peers with distinct strategies.
Rexford focuses exclusively on infill Southern California industrial markets, giving it a highly concentrated geographic bet on one of the most supply-constrained regions in the country.
CubeSmart operates in the self-storage REIT segment rather than traditional industrial distribution, serving a different tenant base and demand cycle than EastGroup.
Lineage specializes in temperature-controlled logistics real estate, targeting food supply chain customers — a more specialized niche than EastGroup's broad distribution focus.
Frequently Asked Questions
What does EastGroup Properties do?
EastGroup Properties develops, acquires, and leases industrial distribution buildings across Sunbelt states including Florida, Texas, Arizona, California, and North Carolina. The company targets smaller-bay facilities near major transportation corridors, serving tenants who need proximity to population centers and logistics networks.
Does EGP pay dividends?
Yes, EastGroup pays a regular dividend. As a REIT, the company is required to distribute the majority of its taxable income to shareholders, making dividends a core part of its investor proposition. Check the company's investor relations page for the current dividend amount and payment schedule.
When does EGP report earnings?
EastGroup reports earnings quarterly, in line with standard US-listed REIT practice. For the exact date of the next earnings release, refer to EastGroup Properties' investor relations page, which maintains the official financial calendar.
Is EGP a good stock to buy?
UQS Score rates EGP as Below Average overall. The Quality pillar is a relative strength, but the Moat pillar is Weak and Valuation is Elevated — meaning the stock carries a premium price relative to its fundamental profile. Whether that trade-off suits your portfolio depends on your risk tolerance and investment horizon.
Is EGP overvalued?
The UQS Valuation pillar for EGP is rated Elevated, suggesting the current market price reflects a premium above what the underlying fundamentals alone might justify. This does not guarantee underperformance, but it does reduce the margin of safety for new investors entering at current levels.
How does EGP compare to its competitors?
EGP differentiates itself through its multi-state Sunbelt focus and smaller-bay distribution niche. Rexford Industrial concentrates solely on Southern California infill markets, while Lineage targets temperature-controlled logistics. CubeSmart operates in self-storage — a different real estate segment entirely. Each carries a distinct risk and growth profile.
What is EGP's market cap bracket?
EastGroup Properties is classified as a large-cap company. This places it among the larger publicly traded REITs, offering relatively greater liquidity and institutional coverage compared to mid- or small-cap peers in the industrial real estate space.
Who founded EastGroup Properties?
EastGroup Properties was established in 1983. For detailed founding history and leadership background, the company's official website and SEC filings provide comprehensive historical context.
Is EGP a long-term quality investment?
From a long-term quality standpoint, EGP's Good Quality pillar indicates operational consistency, but the Weak Moat rating suggests limited structural advantages that could protect returns over time. The Elevated Valuation pillar is also worth monitoring for long-term investors. UQS Pro members can access the full pillar breakdown to assess fit for a long-term portfolio.
What is the main competitive advantage of EastGroup Properties?
EastGroup's primary positioning advantage is its focus on supply-constrained Sunbelt submarkets near major transportation infrastructure. By targeting smaller-bay distribution buildings in high-demand, lower-supply locations, the company aims to serve tenants who prioritize last-mile proximity — though the UQS Moat pillar rates this advantage as Weak relative to sector peers.
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Pro Analysis
EGP — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 20, 2026 | 50.6 | 72.5 | 33.0 | 45.3 | 57.3 | 44.0 | -0.4 |
| May 3, 2026 | 51.0 | 72.7 | 33.0 | 45.0 | 57.3 | 46.5 | +0.1 |
| May 1, 2026 | 50.9 | 72.7 | 33.0 | 45.0 | 57.3 | 45.7 | +2.0 |
| Apr 26, 2026 | 48.9 | 72.7 | 33.0 | 42.0 | 57.3 | 36.3 | +0.1 |
| Apr 25, 2026 | 48.8 | 72.7 | 33.0 | 41.9 | 57.3 | 35.6 | -0.5 |
| Apr 24, 2026 | 49.3 | 69.6 | 33.0 | 41.8 | 63.6 | 38.6 | 0.0 |
| Apr 23, 2026 | 49.3 | 69.6 | 33.0 | 41.8 | 63.6 | 38.4 | +1.4 |
| Apr 21, 2026 | 47.9 | 71.0 | 33.0 | 41.8 | 55.8 | 34.3 | 0.0 |
| Apr 19, 2026 | 47.9 | 71.2 | 33.0 | 41.8 | 55.8 | 34.5 | -0.1 |
| Apr 18, 2026 | 48.0 | 71.2 | 33.0 | 41.4 | 55.8 | 35.4 | +0.4 |
EGP — Pillar Breakdown
Quality
— 72.3/100 (25%)EastGroup Properties, Inc. shows solid profitability with healthy returns on capital and reasonable margins.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 45.3/100 (20%)EastGroup Properties, Inc. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 57.3/100 (15%)EastGroup Properties, Inc. maintains a reasonable risk profile with manageable debt levels.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 42.4/100 (15%)EastGroup Properties, Inc. has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 33/100 (25%)EastGroup Properties, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for EGP.
Score Composition
Financial Data
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How is the EGP UQS Score Calculated?
The UQS (Unified Quality Score) for EastGroup Properties, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses EastGroup Properties, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether EastGroup Properties, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.