The stock of Eastgroup Properties, Inc (EGP) has seen a 3.07% increase in the past week, with a -7.01% drop in the past month, and a -3.86% decrease in the past quarter. The volatility ratio for the week is 3.34%, and the volatility levels for the past 30 days are at 3.96% for EGP. The simple moving average for the last 20 days is 0.62% for EGP’s stock, with a simple moving average of -7.29% for the last 200 days.
Is It Worth Investing in Eastgroup Properties, Inc (NYSE: EGP) Right Now?
Eastgroup Properties, Inc (NYSE: EGP) has a price-to-earnings ratio that is above its average at 34.98x. The stock has a 36-month beta value of 1.07. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for EGP is 51.71M, and at present, short sellers hold a 3.38% of that float. On April 25, 2025, the average trading volume of EGP was 505.23K shares.
EGP) stock’s latest price update
Eastgroup Properties, Inc (NYSE: EGP) has experienced a rise in its stock price by 1.53 compared to its previous closing price of 160.47. However, the company has seen a gain of 3.07% in its stock price over the last five trading days. seekingalpha.com reported 2025-04-24 that EastGroup Properties, Inc. (NYSE:EGP ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Marshall Loeb – President and CEO Brent Wood – CFO Conference Call Participants Blaine Heck – Wells Fargo Samir Khanal – Bank of America Craig Mailman – Citi Alexander Goldfarb – Piper Sandler John Kim – BMO Capital Markets Vikram Malhotra – Mizuho Securities Ronald Kamdem – Morgan Stanley Todd Thomas – KeyBanc Capital Markets Omotayo Okusanya – Deutsche Bank Mick Mueller – JPMorgan Rich Anderson – Wedbush Michael Carroll – RBC Capital Markets Michael Griffin – Evercore ISI Vince Tibone – Green Street Nick Thillman – Baird Brendan Lynch – Barclays Operator Good morning, ladies and gentlemen, and welcome to the EastGroup Properties’ First Quarter 2025 Earnings Conference Call and Webcast. At this time, all lines are in listen-only mode.
Analysts’ Opinion of EGP
Piper Sandler, on the other hand, stated in their research note that they expect to see EGP reach a price target of $175. The rating they have provided for EGP stocks is “Neutral” according to the report published on April 07th, 2025.
Evercore ISI gave a rating of “In-line” to EGP, setting the target price at $185 in the report published on March 17th of the current year.
EGP Trading at -5.80% from the 50-Day Moving Average
After a stumble in the market that brought EGP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.41% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 3.34%, as shares sank -8.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.88% lower at present.
During the last 5 trading sessions, EGP rose by +3.07%, which changed the moving average for the period of 200-days by -6.61% in comparison to the 20-day moving average, which settled at $161.91. In addition, Eastgroup Properties, Inc saw 1.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EGP starting from WOOD BRENT, who sale 1,670 shares at the price of $184.42 back on Sep 12 ’24. After this action, WOOD BRENT now owns 110,926 shares of Eastgroup Properties, Inc, valued at $307,975 using the latest closing price.
Dunbar Richard Reid, the Senior Vice President of Eastgroup Properties, Inc, sale 1,650 shares at $183.99 during a trade that took place back on Sep 12 ’24, which means that Dunbar Richard Reid is holding 20,057 shares at $303,590 based on the most recent closing price.
Stock Fundamentals for EGP
Current profitability levels for the company are sitting at:
- 0.75 for the present operating margin
- 0.64 for the gross margin
The net margin for Eastgroup Properties, Inc stands at 0.35. The total capital return value is set at 0.07. Equity return is now at value 7.61, with 4.72 for asset returns.
Currently, EBITDA for the company is 453.25 million with net debt to EBITDA at -0.04. When we switch over and look at the enterprise to sales, we see a ratio of 17.39.
Conclusion
To sum up, Eastgroup Properties, Inc (EGP) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
