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EastGroup Properties (EGP)

(Delayed Data from NYSE)

$183.45 USD

183.45
349,381

+0.89 (0.49%)

Updated Jul 12, 2024 04:00 PM ET

After-Market: $183.41 -0.04 (-0.02%) 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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4-Sell of 5       4  

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 B 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

Bottom 30% (174 out of 250)

Industry: REIT and Equity Trust - Other

Better trading starts here.

Zacks News

Key Reasons to Add Host Hotels (HST) Stock to Your Portfolio

Recovery in group and business transient travel demand, capital-recycling efforts and healthy balance sheet strength are likely to drive Host Hotels' (HST) performance in the quarters ahead.

Here's Why 2024 Could be Great for REITs: 4 Stocks to Buy Now

With the Fed's accommodative approach and several asset categories displaying favorable market fundamentals, REITs like EQIX, O, EGP and STAG seem well-poised to excel in 2024.

Highwoods' (HIW) Rating Outlook Revised to Negative by S&P

Highwoods' (HIW) rating outlook gets revised to negative by S&P Global Ratings as overall office real estate market fundamentals continue to remain weak. Credit ratings were reaffirmed at BBB.

Pebblebrook (PEB) Sells Retail & Parking Spaces for $30M

Pebblebrook (PEB) disposes of 146,000 square feet of retail space and two parking facilities in Downtown Chicago for $30 million, bringing the total dispositions for 2023 to $330.8 million.

Park Hotels' (PK) Portfolio Sees Robust Q4 Operating Trends

Park Hotels' (PK) fourth-quarter operating trend remains robust, aided by a strong performance in the urban portfolio.

One Liberty (OLP) Completes Asset Sale Worth $63M in 2023

One Liberty (OLP) carries out dispositions worth $63 million in 2023. Part of the proceeds was used to repay the outstanding balance on its credit facility.

Pebblebrook's (PEB) November Results Exceed Expectations

Pebblebrook's (PEB) operating results for November surpass expectations, backed by solid performance in the urban portfolio.

Here's Why You Should Retain Euronet (EEFT) Stock for Now

Euronet (EEFT) remains well-poised for growth, attributable to impressive top-line growth as a result of solid segment contributions. Buyouts act as a means to upgrade its capabilities.

Terreno Realty (TRNO) Disposes of NJ Property for $17.8M

Terreno Realty (TRNO) sells industrial property for $17.8 million in West Caldwell, NJ, as part of its financing strategy for long-term growth.

Healthpeak (PEAK) Gets Entitlements for Vantage Campus Development

Amid the robust demand for lab assets, Healthpeak (PEAK) receives entitlements for the development of an additional 1.3 million square feet of lab space at its Vantage Campus.

Rayonier (RYN) Sells Timberland, Announces Special Dividend

Rayonier (RYN) sells 55,000 acres of timberland in Oregon for $242 million as part of its capital structure realignment plan. The proceeds were used to repay debt and distribute a special dividend.

Zacks Industry Outlook Highlights EastGroup Properties, Stag Industrial and Park Hotels & Resorts

EastGroup Properties, Stag Industrial and Park Hotels & Resorts have been highlighted in this Industry Outlook article.

Host Hotels (HST) Rewards Investors With an 11% Dividend Hike

Amid improving lodging industry fundamentals, Host Hotels (HST) raises its dividend by 11% sequentially. Its decent cash flows and solid balance sheet position are likely to support the latest hike.

Noyantara Dass headshot

3 Equity REIT Stocks Worth Betting on Despite Industry Woes

Despite broad-based economic uncertainty, the Zacks REIT and Equity Trust - Other industry players such as EGP, STAG and PK are likely to benefit from the healthy industrial real estate market fundamentals and improving demand across the lodging industry.

Is Arch Capital Group (ACGL) Stock Outpacing Its Finance Peers This Year?

Here is how Arch Capital Group (ACGL) and EastGroup Properties (EGP) have performed compared to their sector so far this year.

Here's Why You Should Retain OUTFRONT Media (OUT) Stock Now

OUTFRONT Media's (OUT) diversified advertising sites and strategic investments for digital-billboard portfolio bode well. However, competition from its industry peers and high expenses are worrisome.

Boston Properties (BXP) Up 19% in 6 Months: Will the Trend Last?

Healthy demand for premier office spaces and life-science asset expansions will likely aid Boston Properties' (BXP) performance. Yet, a choppy office market scenario and high interest rates are woes.

Macerich's (MAC) JV Refinances Tysons Corner, Ups Flexibility

Macerich's (MAC) joint venture, which owns Tysons Corner Center, carries out the refinancing of the property for $710 million. The move boosts its financial flexibility and poises it well for growth.

Vornado (VNO) Cuts Dividend by 20%, to Pay One Dividend in 2024

Vornado (VNO) cuts its fourth-quarter dividend by 20% to 30 cents per common share, to focus on maintaining its retained cashflows and balance sheet strength. It expects to pay a single dividend in 2024.

SL Green (SLG) to Sell 625 Madison Avenue, Cuts Dividend by 7.7%

SL Green (SLG) announces the sale of 625 Madison Avenue for $632.5 million. It also lowers its dividend payout by 7.7% to focus on retaining its cash flows amid a choppy United States office market.

Should Investors Hold Onto Healthpeak (PEAK) Stock for Now?

Healthpeak (PEAK) is poised to gain from the robust demand for lab assets and rising senior citizens' healthcare expenditure. However, competition from peers and high interest rates are woes.

Alexandria (ARE) Rises 12% in a Month: Will the Trend Last?

Robust demand for top-quality life-science assets in key markets is likely to drive Alexandria's (ARE) performance. However, a vast development outlay exposes it to the risk of rising construction costs.

Vornado (VNO) Surges 61% in 6 Months: Will the Trend Last?

Despite a choppy macroeconomic scenario, Vornado's (VNO) ability to offer top-class office assets in key markets is likely to drive its performance. Portfolio-repositioning efforts are encouraging.

Is it Wise to Retain Host Hotels (HST) Stock in Your Portfolio?

Strong Sunbelt exposure and capital-recycling efforts are likely to support Host Hotels (HST). However, constrained business transient and group travel demand and high interest rates are concerning.

Diversified Healthcare (DHC) Continues to See Weak SHOP Recovery

Despite a rise in Diversified Healthcare's (DHC) SHOP occupancy levels from the pandemic lows, a slower-than-anticipated recovery and rising operating costs continue to keep margins under check.