EastGroup Properties Future Growth

Future criteria checks 3/6

EastGroup Properties is forecast to grow earnings and revenue by 18.1% and 11.1% per annum respectively. EPS is expected to grow by 17% per annum. Return on equity is forecast to be 8% in 3 years.

Key information

18.1%

Earnings growth rate

17.0%

EPS growth rate

Industrial REITs earnings growth	7.5%
Revenue growth rate	11.1%
Future return on equity	8.0%
Analyst coverage	Good
Last updated	04 Jun 2024

Recent future growth updates

Recent updates

EastGroup Properties Is Well-Positioned To Benefit From The Upcoming Market Shift

Jul 01

Recession Worries? EastGroup Properties Could Be A Better Buy Than STAG Industrial

Aug 24

EastGroup Properties: Solid Core Holding At Less Of A Bargain

Jul 17

With EPS Growth And More, EastGroup Properties (NYSE:EGP) Makes An Interesting Case

Jan 09

Eastgroup Properties GAAP EPS of $0.87 beats by $0.02, revenue of $125.66M beats by $1.73M

Oct 25

Here's Why We Think EastGroup Properties (NYSE:EGP) Might Deserve Your Attention Today

Oct 10

Eastgroup Properties raises quarterly dividend by 13.6%

Aug 26

Amazon Sneezed, EastGroup Properties Caught A Cold

Aug 18

EastGroup Properties: Rocket On The Launching Pad

Jul 30

Is Now The Time To Put EastGroup Properties (NYSE:EGP) On Your Watchlist?

Jul 04

EastGroup Properties: Still Quality, But Still Pricey Too

Apr 18

I Ran A Stock Scan For Earnings Growth And EastGroup Properties (NYSE:EGP) Passed With Ease

Feb 24

EastGroup Properties: A Closer Look At The Top Industrial REIT

Feb 02

EastGroup Properties Stock: A Price That's Too High, Even For Quality

Nov 02

EastGroup Properties: Wrestling Over This Excellent But Richly Valued Industrial REIT

Jun 30

Earnings and Revenue Growth Forecasts

NYSE:EGP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	803	284	N/A	N/A	4
12/31/2025	699	248	N/A	N/A	11
12/31/2024	635	225	N/A	N/A	11
3/31/2024	590	214	362	362	N/A
12/31/2023	571	200	338	338	N/A
9/30/2023	551	176	340	340	N/A
6/30/2023	530	165	319	319	N/A
3/31/2023	509	167	328	328	N/A
12/31/2022	487	186	317	317	N/A
9/30/2022	465	219	292	292	N/A
6/30/2022	443	212	291	291	N/A
3/31/2022	425	194	260	260	N/A
12/31/2021	409	158	256	256	N/A
9/30/2021	395	123	258	258	N/A
6/30/2021	382	116	221	221	N/A
3/31/2021	372	112	224	224	N/A
12/31/2020	363	108	196	196	N/A
9/30/2020	356	121	205	205	N/A
6/30/2020	348	119	214	214	N/A
3/31/2020	341	122	206	206	N/A
12/31/2019	331	122	196	196	N/A
9/30/2019	323	91	193	193	N/A
6/30/2019	314	91	189	189	N/A
3/31/2019	306	82	184	184	N/A
12/31/2018	299	89	165	165	N/A
9/30/2018	293	88	174	174	N/A
6/30/2018	286	80	162	162	N/A
3/31/2018	280	99	153	153	N/A
12/31/2017	274	83	N/A	155	N/A
9/30/2017	269	81	N/A	155	N/A
6/30/2017	264	80	N/A	142	N/A
3/31/2017	258	87	N/A	144	N/A
12/31/2016	253	96	N/A	139	N/A
9/30/2016	248	92	N/A	134	N/A
6/30/2016	243	89	N/A	135	N/A
3/31/2016	239	60	N/A	128	N/A
12/31/2015	235	48	N/A	130	N/A
9/30/2015	231	49	N/A	125	N/A
6/30/2015	229	55	N/A	123	N/A
3/31/2015	225	49	N/A	121	N/A
12/31/2014	220	48	N/A	116	N/A
9/30/2014	216	44	N/A	116	N/A
6/30/2014	212	34	N/A	111	N/A
3/31/2014	207	33	N/A	110	N/A
12/31/2013	202	32	N/A	110	N/A
9/30/2013	195	31	N/A	107	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EGP's forecast earnings growth (18.1% per year) is above the savings rate (2.4%).

Earnings vs Market: EGP's earnings (18.1% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: EGP's earnings are forecast to grow, but not significantly.

Revenue vs Market: EGP's revenue (11.1% per year) is forecast to grow faster than the US market (8.6% per year).

High Growth Revenue: EGP's revenue (11.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EGP's Return on Equity is forecast to be low in 3 years time (8%).

EastGroup Properties Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

EastGroup Properties, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and for the Full Year 2024

EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024

EastGroup Properties, Inc. Provides Earnings Guidance for the Fourth Quarter 2023 and Year End 2023

EastGroup Properties, Inc. Provides Earning Guidance for 2023

EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2023

EastGroup Properties, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Recent updates

EastGroup Properties Is Well-Positioned To Benefit From The Upcoming Market Shift

First quarter dividend of US$1.27 announced

EastGroup Properties, Inc. Declares Quarterly Cash Dividend, Payable on July 15, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

EastGroup Properties, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and for the Full Year 2024

EastGroup Properties: A Fully Valued Industrial Sunbelt Play

EastGroup Properties, Inc., Annual General Meeting, May 23, 2024

EastGroup Properties, Inc. to Report Q1, 2024 Results on Apr 23, 2024

Upcoming dividend of US$1.27 per share

Fourth quarter dividend of US$1.27 announced

EastGroup Properties, Inc. Declares Quarterly Cash Dividend, Payable on April 15, 2024

Executive VP recently sold US$457k worth of stock

Executive VP recently sold US$457k worth of stock

Full year 2023 earnings: EPS exceeds analyst expectations

EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024

EastGroup Properties: A Great Dividend Pick At A Great Premium

EastGroup Properties, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Upcoming dividend of US$1.27 per share at 2.8% yield

Now 21% undervalued

EastGroup Properties, Inc. Announces Quarterly Cash Dividend, Payable on January 12, 2024

EastGroup Properties: Guidance Raised Again In Q3, But Wait For Better Price

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

EastGroup Properties, Inc. Provides Earnings Guidance for the Fourth Quarter 2023 and Year End 2023

EastGroup Properties, Inc. to Report Q3, 2023 Results on Oct 24, 2023

EastGroup Properties: Wait For A Discount To Buy This Quality Industrial REIT

Upcoming dividend of US$1.27 per share at 2.9% yield

EastGroup Properties, Inc. (NYSE:EGP) acquired 255,000 square feet Blue Diamond Business Park for $53 million.

EastGroup Properties, Inc. Announces Quarterly Dividend, Payable on October 13, 2023

Recession Worries? EastGroup Properties Could Be A Better Buy Than STAG Industrial

Insufficient new directors

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

EastGroup Properties, Inc. Provides Earning Guidance for 2023

EastGroup Properties: Solid Core Holding At Less Of A Bargain

EastGroup Properties, Inc. to Report Q2, 2023 Results on Jul 25, 2023

Upcoming dividend of US$1.25 per share at 2.9% yield

EastGroup Properties, Inc. Declares Quarterly Cash Dividend, Payable on July 14, 2023

Independent Director recently sold US$104k worth of stock

Independent Director notifies of intention to sell stock

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

EastGroup Properties, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2023

Now 20% undervalued

EastGroup Properties, Inc. to Report Q4, 2022 Results on Feb 07, 2023

With EPS Growth And More, EastGroup Properties (NYSE:EGP) Makes An Interesting Case

Upcoming dividend of US$1.25 per share

Senior VP & Head of Texas Region recently sold US$153k worth of stock

Eastgroup Properties Announces Quarterly Cash Dividend, Payable on January 13, 2023

Now 21% undervalued after recent price drop

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

EastGroup Properties, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Eastgroup Properties GAAP EPS of $0.87 beats by $0.02, revenue of $125.66M beats by $1.73M

Here's Why We Think EastGroup Properties (NYSE:EGP) Might Deserve Your Attention Today

EastGroup Properties, Inc. to Report Q3, 2022 Results on Oct 25, 2022

Upcoming dividend of US$1.25 per share

EastGroup Properties Announces Dividend Increase, Payable on October 14, 2022

Eastgroup Properties raises quarterly dividend by 13.6%

Amazon Sneezed, EastGroup Properties Caught A Cold

EastGroup Properties: Rocket On The Launching Pad

EastGroup Properties, Inc. Declares Cash Dividend for the Second Quarter of 2022, Payable on July 15, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to US$189

Is Now The Time To Put EastGroup Properties (NYSE:EGP) On Your Watchlist?

EastGroup Properties, Inc. to Report Q2, 2022 Results on Jul 26, 2022

Upcoming dividend of US$1.10 per share

Independent Director recently bought US$98k worth of stock

Now 22% undervalued after recent price drop

EastGroup Properties, Inc. (NYSE:EGP) completed the acquisition of Industrial Real Estate Portfolio of 14 properties in California from Brian Tulloch and others.

EastGroup Properties Declares Quarterly Cash Dividend, Payable on July 15, 2022